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Second Horizon Limited

08118127

active
Private Limited Company
Companies House
Health Score
70 / 100

Some Concerns

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

Details

AUBERON, ST FLORENCE, SA70 8BA
Incorporated 25/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68209
Other letting and operating of own or leased real estate

Officers

Mr Adrian John Joyce

director · Since 25/06/2012

COMPANY DIRECTOR

BRITISH · WALES · Age 58

Also on 5 other boards

Mrs Georgia Joyce

director · Since 25/06/2012

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Also on 2 other boards

Persons with Significant Control

Mrs Georgia Joyce

25–50% shares
25–50% votes

British · United Kingdom · Age 54

Auberon, Fiddlers Lane, St Florence, SA70 8BA

Notified 01/07/2016

Mr Adrian John Joyce

25–50% shares
25–50% votes

British · United Kingdom · Age 58

Auberon, Fiddlers Lane, St Florence, SA70 8BA

Notified 01/07/2016

Charges13 outstanding

Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
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outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
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HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 28/02/2025Registered 10/03/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 09/01/2025Registered 16/01/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 09/01/2025Registered 16/01/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 09/01/2025Registered 16/01/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 09/01/2025Registered 16/01/2025
Charge
outstanding

HANDELSBANKEN PLC

Created 09/01/2025Registered 16/01/2025
Charge
satisfied

LLOYDS BANK PLC

Created 16/04/2018Registered 23/04/2018Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 28/04/2016Registered 05/05/2016Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 20/10/2015Registered 28/10/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 20/10/2015Registered 28/10/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 20/10/2015Registered 28/10/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 21/09/2015Registered 21/09/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 20/04/2015Registered 06/05/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS BANK PLC

Created 21/01/2015Registered 24/01/2015Satisfied 27/11/2024
Charge
satisfied

LLOYDS TSB BANK PLC

Created 03/05/2013Registered 23/05/2013Satisfied 27/11/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 21/12/2012Registered 09/01/2013Satisfied 27/11/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 07/12/2012Registered 22/12/2012Satisfied 27/11/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 24/08/2012Registered 06/09/2012Satisfied 29/11/2024
charge
satisfied

LLOYDS TSB BANK PLC

Created 20/08/2012Registered 22/08/2012Satisfied 29/11/2024

CompanyRankvs 5384+ SIC 68209 peers
76

Financial strength100th percentile among SIC peers · 25/25
Employees77th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.17× · 20/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
Outstanding 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.

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.

Longevity14/15 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 31/12/2025

Net Worth

£30.0M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Net Current Assets

£8.8M

Working capital

Current Assets

£12.9M

Current Liabilities

£4.1M

Fixed Assets

£36.0M

Debtors

£7.4M

2avg. employees

Tax at Year End

Corp tax£371k

Balance Sheet

Bank loans & overdrafts£1.6M
Assets less current liabilities£44.8M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20253.17+£0
20253.17+£3.6M
20243.64+£65k
20233.49+£16k
20222.08+£1.9M
20210.41+£2.1M
20200.70+£2.6M
20190.76+£3.2M
20180.40

Derived from filed accounts. Not audited figures.