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Horizon Medical Technologies Limited

09359832

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

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

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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

CompanyRankvs 2004+ SIC 70100 peers
76

Financial strength83th 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
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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.

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.