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Horizon Power Solutions Limited

11543274

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

5 BROOKLANDS ROAD, SALE, M33 3SD
Incorporated 30/08/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

71129
Other engineering activities

Officers

Mrs Jillian Claire Addis

director · Since 27/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 43

Mr Thomas Griffin

director · Since 27/03/2025

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 45

Also on 5 other boards

Persons with Significant Control

Horizon Power Group Limited

75–100% shares

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 peers
49

Financial strength39th percentile among SIC peers · 10/25
Employees65th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength10/25 pts

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

Employees10/15 pts

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

Liquidity6/20 pts

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

Longevity8/15 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 31/08/2024

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

2avg. employees

Balance Sheet

Assets less current liabilities£723
Signed by Mr Thomas Griffin 30 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.90
20230.29-£13k
20221.18
20211.17
20204.37
20191.01

Derived from filed accounts. Not audited figures.