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Horizon Software Solutions Limited

05750041

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

BOOTH STREET CHAMBERS, LANCASHIRE, OL6 7LQ
Incorporated 21/03/2006

Compliance

Last accounts

30/06/2024

unaudited abridged

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 21/03/2026

Due 04/04/2027

On track

Industry

62020
Information technology consultancy activities

Officers

Mr Malcolm George Foote

secretary · Since 29/11/2006

BRITISH · ENGLAND · Age 66

Also on 8 other boards

Mr Vladimir Atanasov Chorbadzhiev

director · Since 31/10/2008

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 5 other boards

Mr Vesselin Iordanov Vassilev

director · Since 31/10/2008

DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 2 other boards

Persons with Significant Control

Mr Vesselin Iordanov Vassilev

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

British · England · Age 59

Booth Street Chambers, 32 Booth Street, Ashton-Under-Lyne, OL6 7LQ

Notified 06/04/2016

CompanyRankvs 4245+ SIC 62020 peers
85

Financial strength99th percentile among SIC peers · 25/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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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.

Employees14/15 pts

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

Liquidity16/20 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.

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

Key FinancialsYear ending 30/06/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£37k

Cash in the bank

Net Current Assets

£59k

Working capital

Current Assets

£147k

Current Liabilities

£89k

Fixed Assets

£1.2M

Debtors

£32k

3avg. employees+1

Balance Sheet

Intangible assets£1.2M
Assets less current liabilities£1.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.66+£27k
20231.20+£5k
20221.16+£59k
20210.84+£52k
20200.57+£3k
20190.86+£30k
20180.66

Derived from filed accounts. Not audited figures.