Back to search

Horton & Armitage Limited

03279745

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

RUSSELL CHAMBERS, KEIGHLEY, BD21 3DS
Incorporated 18/11/1996

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Paramjit Singh Bussan

director · Since 01/08/1997

ENGINEER

BRITISH · ENGLAND · Age 64

Also on 1 other board

Mr Anton Serrant

director · Since 01/01/2025

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Also on 7 other boards

Mr Daniel Serrant

director · Since 01/01/2025

DIRECTOR

BRITISH · ENGLAND · Age 34

Also on 2 other boards

Persons with Significant Control

Mr Paramjit Singh Bussan

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

British · England · Age 64

Stratton House, Hammerton Street, Bradford, BD3 9RD

Notified 18/11/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 02/12/2021Registered 10/12/2021
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LIMITED

Created 07/08/2014Registered 13/08/2014Satisfied 24/08/2021
Charge
satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 22/01/2014Registered 23/01/2014Satisfied 24/08/2021

CompanyRankvs 1680+ SIC 25620 peers
39

Financial strength1th percentile among SIC peers · 0/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.86× · 6/20
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 strength0/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 30/11/2025

Net Worth

-£262k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£140k

Working capital

Current Assets

£829k

Current Liabilities

£969k

Fixed Assets

£84k

Debtors

£402k

19avg. employees-2

Tax at Year End

Corp tax£84k
VAT£368k

Director Loans

Company owes directors£141k

Balance Sheet

Assets less current liabilities-£55k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.86+£124k£7.4M
20240.90+£21k£6.3M
20230.94-£646k£3.9M
20221.55-£515k£1.6M
20211.37+£6k
20202.17+£255k£2.2M
20191.24+£53k£1.2M
20181.10£1.4M

Derived from filed accounts. Not audited figures.