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Horton Commercials Limited

03642932

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
10/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Going concern doubt noted in accounts (-10)
  • 7 outstanding charges (-10)

Details

13-19 JOHNSON ROAD FERNSIDE BUSINESS PARK, WIMBORNE, BH21 7SE
Incorporated 01/10/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

45200
Maintenance and repair of motor vehicles

Officers

Jane Marie Wolfenden

secretary · Since 01/10/1998

CARAVAN/TRUCK HIRE/COMMERCIAL

BRITISH · Age 61

Mr David John Wolfenden

director · Since 01/10/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 2 other boards

Mr Thomas Alan Derek Wolfenden

director · Since 01/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 39

Also on 1 other board

Toby Wolfenden

director · Since 01/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Sophie Wolfenden-Smith

director · Since 01/01/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 37

Persons with Significant Control

Mr David John Wolfenden

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

British · United Kingdom · Age 65

Linwood Farm, Linwood, Ringwood, BH24 3QT

Notified 06/04/2016

Charges7 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/11/2024Registered 04/12/2024
Charge
outstanding

BARNETT WADDINGHAM TRUSTEES (1980) LIMITED · DAVID JOHN WOLFENDEN · JANE MARIE WOLFENDEN · SOPHIE WOLFENDEN-SMITH · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 29/10/2024Registered 05/11/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 30/06/2023Registered 30/06/2023
Charge
outstanding

BARCLAYS BANK PLC

Created 21/02/2023Registered 03/03/2023
Charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 31/01/2020Registered 01/02/2020
Charge
satisfied

BARNETT WADDINGHAM TRUSTEES (1980) LIMITED · DAVID JOHN WOLFENDEN AND JANE MARIE WOLFENDEN AS TRUSTEES OF THE HORTON COMMERCIALS LIMITED PEN

Created 11/01/2019Registered 15/01/2019Satisfied 29/10/2024
Charge
outstanding

BARCLAYS BANK PLC

Created 30/09/2016Registered 30/09/2016
charge
satisfied

LOMBARD NORTH CENTRAL PLC

Created 09/11/2010Registered 10/11/2010Satisfied 04/03/2021
charge
outstanding

BARCLAYS BANK PLC

Created 14/06/1999Registered 21/06/1999

CompanyRankvs 6419+ SIC 45200 peers
56

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

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

Employees15/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/12/2024

Net Worth

£15.7M

Balance sheet strength

Cash

£475k

Cash in the bank

Net Current Assets

-£1.5M

Working capital

Current Assets

£10.0M

Current Liabilities

£11.5M

Fixed Assets

£23.5M

Debtors

£3.8M

Cost of Sales

£19.1M

Admin Expenses

£5.3M

Profit After Tax

£1.7M

94avg. employees+4

Tax at Year End

Corp tax£414k
Dividends paid-£285k

People Costs

Wages & salaries£3.3M

Balance Sheet

Intangible assets£1.4M
Bank loans & overdrafts£3.1M
Assets less current liabilities£22.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.87+£1.4M
20230.65—

Derived from filed accounts. Not audited figures.