Horizon Power Solutions Limited
11543274
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 27/03/2025
CHARTERED ACCOUNTANT
BRITISH · ENGLAND · Age 45
Also on 5 other boards
Persons with Significant Control
Horizon Power Group Limited
5, Brooklands Road, Sale, M33 3SD
Reg: 16130528 · Companies House · Limited Company
Notified 27/03/2025
Former PSCs
Mr David Griffin
Ceased 26/03/2025
Mr Mark Griffin
Ceased 27/03/2025
CompanyRankvs 16119+ SIC 71129 peers49
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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.
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/08/2024
Net Worth
£723
Balance sheet strength
Cash
£8k
Cash in the bank
Net Current Assets
-£16k
Working capital
Current Assets
£134k
Current Liabilities
£149k
Fixed Assets
£16k
Debtors
£126k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.90 | — |
| 2023 | 0.29 | -£13k |
| 2022 | 1.18 | — |
| 2021 | 1.17 | — |
| 2020 | 4.37 | — |
| 2019 | 1.01 | — |
Derived from filed accounts. Not audited figures.