Horton & Armitage Limited
03279745
Some Concerns
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 01/08/1997
ENGINEER
BRITISH · ENGLAND · Age 64
Also on 1 other board
director · Since 01/01/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 37
Also on 7 other boards
director · Since 01/01/2025
DIRECTOR
BRITISH · ENGLAND · Age 34
Also on 2 other boards
Persons with Significant Control
Mr Paramjit Singh Bussan
British · England · Age 64
Stratton House, Hammerton Street, Bradford, BD3 9RD
Notified 18/11/2016
Charges1 outstanding
HSBC UK BANK PLC
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CompanyRankvs 1680+ SIC 25620 peers39
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Tax at Year End
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.86 | +£124k | £7.4M |
| 2024 | 0.90 | +£21k | £6.3M |
| 2023 | 0.94 | -£646k | £3.9M |
| 2022 | 1.55 | -£515k | £1.6M |
| 2021 | 1.37 | +£6k | — |
| 2020 | 2.17 | +£255k | £2.2M |
| 2019 | 1.24 | +£53k | £1.2M |
| 2018 | 1.10 | — | £1.4M |
Derived from filed accounts. Not audited figures.