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Horizon Medical Technologies Limited

09359832

active
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
55 / 100

Notable Risks

25/30
Filing
10/30
Financial
20/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Active insolvency proceedings (-20)

Details

MSP SECRETARIES LIMITED, LONDON, W1W 8DH
Incorporated 18/12/2014

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 16/12/2025

Due 30/12/2026

On track

Industry

70100
Activities of head offices

Officers

Mr. Cathal Martin Friel

director · Since 19/12/2014

DIRECTOR

IRISH · IRELAND · Age 61

Also on 2 other boards

Persons with Significant Control

Raglan Road Capital Limited

50–75% shares

18, Fitzwilliam Place, Dublin

Reg: 436383 · Companies Registration Office Ireland · Limited Company

Notified 06/04/2016

Insolvency History1 case

members voluntary liquidation21/05/2026

Gareth William R Latimer (practitioner) · Stephen Arthur Cave (practitioner)

CompanyRankvs 2028+ SIC 70100 peers
66

Financial strength82th percentile among SIC peers · 21/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 5.21× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Insolvency history -10
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How is this score calculated?
Financial strength21/25 pts

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

Employees8/15 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.

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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£1.4M

Cash in the bank

Net Current Assets

£1.1M

Working capital

Current Assets

£1.4M

Current Liabilities

£272k

Fixed Assets

£133k

1avg. employees

Tax at Year End

Corp tax£263k

Balance Sheet

Assets less current liabilities£1.3M
Prepared with Caseware UK (AP4) 2023.0.135

EstimatesDerived

YearCurrent RatioImplied Profit
20245.21+£101k
20230.51

Derived from filed accounts. Not audited figures.