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Horizon Air Conditioning Limited

02496838

active
Private Limited Company
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

UNIT 9 PROVIDENCE STREET, STOURBRIDGE, DY9 8HQ
Incorporated 27/04/1990

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43210
Electrical installation

Officers

Mr Steven James Morris

director · Since 27/04/1991

DIRECTOR

BRITISH · ENGLAND · Age 64

Persons with Significant Control

Mr Steven James Morris

75–100% shares

British · England · Age 64

Unit 9, Providence Street, Stourbridge, DY9 8HQ

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

BARCLAYS BANK PLC

Created 08/01/1997Registered 20/01/1997
charge
satisfied

MIDLAND BANK PLC

Created 19/10/1992Registered 29/10/1992Satisfied 30/01/1997
charge
satisfied

BARCLAYS BANK PLC

Created 16/08/1990Registered 29/08/1990Satisfied 09/04/1992

CompanyRankvs 535+ SIC 43210 peers
78

Financial strength95th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.07× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees14/15 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 31/03/2025

Net Worth

£454k

Balance sheet strength

Cash

£83k

Cash in the bank

Net Current Assets

£235k

Working capital

Current Assets

£456k

Current Liabilities

£221k

Fixed Assets

£222k

Debtors

£373k

14avg. employees+3

Tax at Year End(2024)

Corp tax£101k

Director Loans

Company owes directors£29k

Balance Sheet

Assets less current liabilities£457k
Signed by Mr Steven Morris 23/03/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20252.07-£453k
20243.00-£85k
20232.33+£381k£175k
20221.89+£129k
20211.83-£85k
20201.59+£34k
20191.84+£17k
20171.73

Derived from filed accounts. Not audited figures.