Ik Baltic Ltd

Baltic Ik Ltd from London UK: small company, active status, founded 10 years ago, accounts overdue 2 years, confirmation overdue 2 years, 2 employees, £983,450 assets, virtual address, 1 director, 4 owner. It’s a small, active company based in London, UK, founded in 10 years ago on January 14, 2015. With a virtual address and just two employees, it’s a lean operation managed by one director and a single owner. The company holds £983,450 in assets, but its accounts and confirmation statements are currently overdue by two years.

Baltic Ventures operates as a tech accelerator, supporting early-stage digital tech businesses with global ambition. Based in Liverpool’s Baltic Triangle, it provides a 30k investment via an ASA into each company participating in its annual Accelerator programme. The accelerator’s website highlights its focus on “unleashing potential, accelerating change” through coaching, masterclasses, and VC investor meetings. It also runs a blog featuring insights on founder wellbeing, partnership, and the challenges of building a gaming hub. Upcoming events include a Founder Workshop and Accelerator Discovery Sessions. The accelerator’s website also mentions partnerships with LCRCA and Mayor of Liverpool City Region.

Financially, Baltic Ik Ltd presents a mixed picture. While current assets increased significantly to £980,000, net assets also rose to £27,000, and bank cash increased to £3,400, creditors have exploded to £1,000,000. The company’s employee count has increased from two to three, which is a positive sign. However, the substantial increase in creditors suggests a reliance on short-term financing, and the overdue accounts and confirmation statements raise concerns about financial management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the large increase in creditors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. It's clear that the company is growing, but it’s also facing financial pressures.

Registered in England/Wales under the registration number 09388398, with a registered address at E16 2DQ, London, International House, 12 Constance Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.