Horizon Global European Holdings Limited
08480228
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Going concern doubt noted in accounts (-10)
- 1 outstanding charge (-2)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Horizon Global Corporation
2600, West Big Beaver Road, Troy, 48084
Reg: 5669036 · Secretary Of The State Of Delaware · Corporate
Notified 06/04/2016
Charges1 outstanding
ATLANTIC PARK STRATEGIC CAPITAL FUND, L.P. (AS SECURITY TRUSTEE)
BANK OF AMERICA, N.A., LONDON BRANCH
CORTLAND CAPITAL MARKET SERVICES LLC
JPMORGAN CHASE BANK, N.A.
JPMORGAN CHASE BANK, N.A.
CORTLAND CAPITAL MARKET SERVICES LLC
BANK OF AMERICA, N.A.
CompanyRankvs 46486+ SIC 64209 peers11
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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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to
Key FinancialsYear ending 31/12/2024
Net Worth
-£15.8M
Balance sheet strength
Cash
£487k
Cash in the bank
Net Current Assets
—
Working capital
Current Assets
—
Current Liabilities
£0
Fixed Assets
£21k
Debtors
£385k
Cost of Sales
£4.0M
Admin Expenses
£2.3M
Profit After Tax
-£1.9M
People Costs
EstimatesDerived
| Year | Implied Profit |
|---|---|
| 2024 | -£5.4M |
Derived from filed accounts. Not audited figures.