Horan Power Engineering Limited
06639321
Some Concerns
- Current liabilities exceed current assets (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 07/07/2008
ENGINEERING CONSULTANT
BRITISH · UNITED KINGDOM · Age 50
Also on 1 other board
Persons with Significant Control
Mr Richard Horan
British · United Kingdom · Age 50
Honeycomb West, Honeycomb, Chester, CH4 9QH
Notified 07/07/2016
Charges1 outstanding
HSBC UK BANK PLC
CompanyRankvs 3612+ SIC 71122 peers63
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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 31/07/2025
Net Worth
£119k
Balance sheet strength
Cash
£107k
Cash in the bank
Net Current Assets
-£128k
Working capital
Current Assets
£673k
Current Liabilities
£801k
Fixed Assets
£247k
Debtors
£567k
Tax at Year End
EstimatesDerived
| Year | Current Ratio | Implied Profit | Est. Revenue |
|---|---|---|---|
| 2025 | 0.84 | +£24k | £3.9M |
| 2024 | 0.73 | +£28k | £3.5M |
| 2023 | 0.71 | -£206k | £3.8M |
| 2022 | 1.07 | +£9k | £491k |
| 2021 | 1.19 | — | £1.8M |
Derived from filed accounts. Not audited figures.