89 INITIATIVE LTD

🏛️Establishedactive
10325874 · private-limited-guarant-nsc · incorporated 2016-08-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Activities of other membership organisations n.e.c.
Sector: Other service activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-05-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2023-05-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-05-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2021-06-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-27
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2020-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-07-23
    📄
    administrative-restoration-company
    restoration · RT01
  9. 2020-01-14
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  10. 2019-10-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-02-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2019-02-10
    AUBIN, Barbara resigned
    director
  15. 2018-04-11
    CHARALAMBIDES, Nicholas resigned
    director
  16. 2018-04-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-04-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2017-12-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2017-05-10
    KIRCHDORFER, Dominik resigned
    director
  20. 2016-08-11
    🏢
    Company incorporated
    As 89 INITIATIVE LTD
  21. 2016-08-11
    COTTAKIS, Michael appointed
    director
  22. 2016-08-11
    FIALA, Antonios appointed
    director
  23. 2016-08-11
    AUBIN, Barbara appointed
    director
  24. 2016-08-11
    CHARALAMBIDES, Nicholas appointed
    director
  25. 2016-08-11
    KIRCHDORFER, Dominik appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Antonios Fiala
Individual · British · DOB 03/1992 · age 34
sig. influencesignificant influence11/08/2016
Mr Michael Cottakis
Individual · British · DOB 10/1990 · age 36
sig. influencesignificant influence11/08/2016
3 historic (ceased) PSCs
  • Ms Barbara Aubinceased 01/10/2018· significant influence
  • Mr Nicholas Charalambidesceased 11/04/2018· significant influence
  • Mr Dominik Kirchdorferceased 10/05/2017· 25-50% voting · board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeprivate-limited-guarant-nsc
Incorporated2016-08-11
Jurisdictionengland-wales
Primary SIC94990 — Activities of other membership organisations n.e.c.

Registered office

European Institute, Central Building London School Of Ecomonics And Political Science
Houghton Street
London
WC2A 2AE

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (2 active · 3 resigned)

COTTAKIS, Michael
director · ~36y · appointed 2016-08-11
View their other companies + combined net worth →
Active
FIALA, Antonios
director · ~34y · appointed 2016-08-11
View their other companies + combined net worth →
Active
AUBIN, Barbara
director · ~34y · appointed 2016-08-11 · resigned 2019-02-10
Resigned
CHARALAMBIDES, Nicholas
director · ~34y · appointed 2016-08-11 · resigned 2018-04-11
Resigned
KIRCHDORFER, Dominik
director · ~35y · appointed 2016-08-11 · resigned 2017-05-10
Resigned

Click a director name to see their full track record across all companies.

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-08
certificate-change-of-name-company
change-of-name · CERTNM
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-23
administrative-restoration-company
restoration · RT01
2020-07-23