Horatio Investments Limited
07081047
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Last accounts
28/02/2025
group
Next accounts due
30/11/2026
Confirmation statement
Last: 15/02/2026
Due 01/03/2027
Industry
Officers
director · Since 12/06/2017
INVESTOR
BRITISH · UNITED KINGDOM · Age 55
Also on 7 other boards
Persons with Significant Control
Mr Adam Norris
British · United Kingdom · Age 55
Unit 4 Axis, Hawkfield Business Park, Bristol, BS14 0BY
Notified 06/04/2016
Charges0 outstanding
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
BARCLAYS BANK PLC
CompanyRankvs 1084+ SIC 64303 peers37
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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
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue. Our responsibilities and the responsibilities of the directors with respect t
Key FinancialsYear ending 28/02/2023
Turnover
£26.5M
Annual revenue
Net Worth
-£58.0M
Balance sheet strength
Cash
£2.2M
Cash in the bank
Profit Before Tax
-£23.5M
Bottom line earnings
Net Current Assets
-£63.2M
Working capital
Current Assets
£15.0M
Current Liabilities
£78.2M
Fixed Assets
£6.7M
Debtors
£7.6M
Cost of Sales
£25.2M
Gross Profit
£1.3M
Admin Expenses
£22.6M
Operating Profit
-£24.0M
Profit After Tax
-£22.7M
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 0.19 |
Derived from filed accounts. Not audited figures.