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Thirsty Horses Solutions Ltd

08926825

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

C/O LANGTONS, THE PLAZA, LIVERPOOL, L3 9QJ
Incorporated 06/03/2014

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

31/03/2026

Overdue

Confirmation statement

Last: 06/03/2025

Due 20/03/2026

Overdue

Industry

62012
Business and domestic software development

Officers

Mr Raymond Pendleton

director · Since 01/07/2015

DIRECTOR

BRITISH · ENGLAND · Age 56

Persons with Significant Control

Mr Raymond Pendleton

25–50% shares

British · England · Age 56

C/O Langtons, The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ

Notified 06/04/2016

Galactic Hq Ltd

25–50% shares
25–50% votes

17, Boundary Street, Liverpool, L5 9UB

Notified 16/01/2018

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/08/2015Registered 29/08/2015

CompanyRankvs 30640+ SIC 62012 peers
34

Financial strength3th percentile among SIC peers · 1/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.08× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees14/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity12/15 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 31/03/2024

Net Worth

-£179k

Balance sheet strength

Cash

£6k

Cash in the bank

Net Current Assets

-£561k

Working capital

Current Assets

£48k

Current Liabilities

£609k

Fixed Assets

£401k

Debtors

£48k

5avg. employees

Balance Sheet

Intangible assets£399k
Bank loans & overdrafts£2k
Assets less current liabilities-£160k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08-£227k
20230.30-£39k
20220.17+£5k
20210.19+£15k
20200.17-£48k
20190.04

Derived from filed accounts. Not audited figures.