INITIUM (DESIGN BUILD CONTRACT) LIMITED
Incorporated on 10 January 2013, Initium (Design Build Contract) Limited operated within the business support sector from its base in Hertford. The company has entered the insolvency process under the Insolvency Act 1986, as confirmed by official notification in The Gazette.
What the data was telling us
Readings from The Gazette and Companies House, in the firm's final two years.
Lessons behind the liquidation
The company maintained a stable leadership team with an average director tenure of 7.4 years over the course of its existence. While consistent leadership provides operational stability, it remains essential to ensure that long term strategic oversight adapts effectively to changing market conditions.
The public record indicates that four charges were registered against the company, with the most recent filed on 23 June 2022. Although these charges were fully satisfied, the presence and subsequent clearing of such instruments serves as a reminder of the need for sustained liquidity planning beyond the retirement of secured debt.
The company filed its last set of accounts on 25 September 2023. Consistent filing practices provide stakeholders with a clear view of a company financial health, which is a critical requirement for businesses operating in support-led industries.
This insolvency reflects a common trajectory where established firms, despite maintaining consistent leadership and clearing secured financial obligations, ultimately prove unable to navigate the volatility of their sector.
Every charge, every filing, every appointment, in one dossier.
Director histories across related entities, the full debenture instrument, creditor estimates, and the practitioner's record on comparable cases for INITIUM (DESIGN BUILD CONTRACT) LIMITED.