Back to search

Hortech Systems Limited

02360633

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

HALL GATE, SPALDING LINCOLNSHIRE, PE12 7LG
Incorporated 14/03/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

01610
Support activities for crop production

Officers

Mr Michael John Seaman

director · Since 31/01/1991

MANAGING DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 1 other board

Mr Wayne Michael Seaman

director · Since 25/02/2019

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 1 other board

Mr Paul Michael Seaman

director · Since 13/08/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 1 other board

Persons with Significant Control

Mr Michael John Seaman

50–75% shares
50–75% votes

British · United Kingdom · Age 73

Hall Gate, Spalding Lincolnshire, PE12 7LG

Notified 01/05/2016

Mr Wayne Michael Seaman

25–50% shares
25–50% votes

British · United Kingdom · Age 52

Hall Gate, Holbech, Spalding, PE12 7LG

Notified 04/10/2022

Former PSCs

Mrs Pauline Ann Seaman

Ceased 17/10/2020

Charges2 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 19/11/1993Registered 03/12/1993
charge
outstanding

BARCLAYS BANK PLC

Created 04/01/1990Registered 11/01/1990

CompanyRankvs 330+ SIC 01610 peers
63

Financial strength87th percentile among SIC peers · 22/25
Employees9th percentile among SIC peers · 1/15
LiquidityCurrent ratio 4.38× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength22/25 pts

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

Employees1/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/01/2025

Net Worth

£842k

Balance sheet strength

Cash

£331k

Cash in the bank

Net Current Assets

£642k

Working capital

Current Assets

£831k

Current Liabilities

£190k

Fixed Assets

£215k

Debtors

£438k

Profit After Tax

£47k

0avg. employees-13

Tax at Year End

Corp tax£8k
Dividends paid£62k

Balance Sheet

Assets less current liabilities£857k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20254.38-£19k
20243.95
20233.38
20223.14+£85k
20212.69+£160k
20202.80+£87k
20191.96

Derived from filed accounts. Not audited figures.