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Broad Horizons Limited

03596718

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

102 MILL ROAD, COLCHESTER, CO4 5LJ
Incorporated 13/07/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

87200
Residential care activities for mental health, substance abuse and intellectual disabilities

Officers

Ms Sarah Walsh Mckechnie

director · Since 19/11/2015

CARE HOME MANAGER

BRITISH · ENGLAND · Age 62

Persons with Significant Control

Miss Sarah Walsh Mackechnie

50–75% shares
50–75% votes
Appoint directors

British · England · Age 62

102, Mill Road, Colchester, CO4 5LJ

Notified 06/04/2016

Miss Charlene Jean Mckechnie

25–50% shares
25–50% votes

British · England · Age 37

102, Mill Road, Colchester, CO4 5LJ

Notified 12/12/2018

Former PSCs

Mr Mark Raymond Revelle

Ceased 12/12/2018

Charges2 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 25/09/2014Registered 26/09/2014
charge
outstanding

BARCLAYS BANK PLC

Created 16/02/2001Registered 17/02/2001

CompanyRankvs 208+ SIC 87200 peers
76

Financial strength96th percentile among SIC peers · 24/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 6.83× · 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.

Employees12/15 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 31/12/2024

Net Worth

£617k

Balance sheet strength

Cash

£108k

Cash in the bank

Net Current Assets

£95k

Working capital

Current Assets

£111k

Current Liabilities

£16k

Fixed Assets

£544k

Debtors

£3k

7avg. employees-1

Balance Sheet

Assets less current liabilities£639k
Signed by Ms S McKechnie 25/09/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20246.83-£50k
20234.45+£6k
20218.99+£43k
20205.66+£66k
20193.77+£277k
20181.41+£53k
20166.28

Derived from filed accounts. Not audited figures.