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Horizon Remitance Ltd

08122834

active
Private Limited Company
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

109A UXBRIDGE ROAD, LONDON, W12 8NL
Incorporated 28/06/2012

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64999
Other financial service activities

Officers

Mr Abdirashid Hussein Ali

director · Since 15/11/2021

ECONOMIST

BRITISH · ENGLAND · Age 63

Persons with Significant Control

Mr Abdirashid Hussein Ali

Appoint directors
right-to-appoint-and-remove-directors-as-trust
right-to-appoint-and-remove-directors-as-firm

British · England · Age 63

115, Uxbridge Road, London, W12 8NL

Notified 03/05/2022

Former PSCs

Mr Mohamed Hassan Mohammed

Ceased 03/05/2022

Mr Mohamed Sahal Mohamud

Ceased 02/07/2019

CompanyRankvs 7045+ SIC 64999 peers
64

Financial strength69th percentile among SIC peers · 17/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 1.17× · 12/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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7045Horizon Remitance Ltd
64
How is this score calculated?
Financial strength17/25 pts

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

Employees6/15 pts

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

Liquidity12/20 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.

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

£35k

Balance sheet strength

Cash

£191k

Cash in the bank

Net Current Assets

£28k

Working capital

Current Assets

£196k

Current Liabilities

£168k

Debtors

£5k

1avg. employees

Balance Sheet

Intangible assets£7k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.17+£52k
20230.89-£14k
20220.39+£0
20210.39+£935
20200.31-£7k
20190.27-£900
20180.19—

Derived from filed accounts. Not audited figures.