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Horseman Coaches Limited

01339276

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

2 COMMUNICATIONS ROAD, NEWBURY, RG19 6AB
Incorporated 17/11/1977

Compliance

Last accounts

31/12/2024

audit exemption subsidiary

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 02/07/2025

Due 16/07/2026

On track

Industry

49390
Other passenger land transport

Officers

Mr Thomas Findlay Stables

director · Since 18/12/2024

DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 38 other boards

Mr John Stewart Fraser

director · Since 25/04/2025

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 58

Also on 9 other boards

Mrs Lynette Gillian Krige

director · Since 12/05/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 25 other boards

Persons with Significant Control

The Coach Travel Group Limited

75–100% shares
75–100% votes
Appoint directors

2 Communications Road, Greenham Business Park, Newbury, RG19 6AB

Reg: 15698781 · Companies House · Private Limited Company

Notified 18/12/2024

Former PSCs

Mr Keith Horseman

Ceased 05/03/2021

Mrs Anne Horseman

Ceased 31/01/2017

Mr James Mark Horseman

Ceased 18/12/2024

Kristina Marie Horseman

Ceased 18/12/2024

Charges8 outstanding

Charge
outstanding

INVESTEC BANK PLC

Created 16/12/2025Registered 19/12/2025
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC, AS SECURITY TRUSTEE

Created 18/12/2024Registered 23/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 20/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 20/12/2024
Charge
outstanding

INVESTEC BANK PLC AS SECURITY TRUSTEE

Created 18/12/2024Registered 20/12/2024
Charge
outstanding

JAMES MARK HORSEMAN AND KRISTINA MARIE VICTORIA HORSEMAN

Created 18/12/2024Registered 19/12/2024
Charge
satisfied

HSBC UK BANK PLC

Created 08/07/2020Registered 11/07/2020Satisfied 15/08/2023
charge
satisfied

LANCASTER PLC

Created 20/01/1998Registered 27/01/1998Satisfied 10/06/2021
charge
satisfied

MIDLAND BANK PLC

Created 19/08/1992Registered 09/09/1992Satisfied 15/06/2021
charge
satisfied

MIDLAND BANK PLC

Created 10/03/1986Registered 13/03/1986Satisfied 10/06/2021
charge
satisfied

MIDLAND BANK LIMITED

Created 03/12/1981Registered 08/12/1981Satisfied 10/06/2021
charge
satisfied

MIDLAND BANK LIMITED

Created 20/06/1979Registered 02/07/1979Satisfied 10/06/2021

CompanyRankvs 15+ SIC 49390 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 6× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going c

Key FinancialsYear ending 31/12/2023

Turnover

£7.6M

Annual revenue

Net Worth

£8.5M

Balance sheet strength

Cash

£4.4M

Cash in the bank

Profit Before Tax

£1.9M

Bottom line earnings

Net Current Assets

£4.3M

Working capital

Current Assets

£5.2M

Current Liabilities

£864k

Fixed Assets

£4.9M

Debtors

£710k

Cost of Sales

£5.0M

Gross Profit

£2.6M

Admin Expenses

£775k

Operating Profit

£1.8M

Profit After Tax

£1.4M

79avg. employees+13

Tax at Year End

Corp tax£517k
Dividends paid-£88k

People Costs

Wages & salaries£2.7M
NI contributions£280k

Balance Sheet

Assets less current liabilities£9.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20236.00+£1.4M
20225.38+£732k
20213.80-£141k
20203.85-£1.6M
20194.36+£315k
20183.50

Derived from filed accounts. Not audited figures.