Back to search

Horizon Development Capital Limited

12057157

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

GREYFRIARS 16 SOUTH ROAD, HERTFORDSHIRE, WD3 5AR
Incorporated 18/06/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

64303
Activities of venture and development capital companies

Officers

Mr Harvey Griffiths

director · Since 18/06/2019

FUND MANAGER

BRITISH · UNITED KINGDOM · Age 57

Also on 1 other board

Horizon Infrastructure Partnership Ltd

director · Since 18/06/2019

Persons with Significant Control

Horizon Infrastructure Partnership Limited

75–100% shares
75–100% votes

Eden House, Reynolds Road, Beaconsfield, HP9 2FL

Reg: 09558425 · Companies House · Limited Company

Notified 18/06/2019

Charges2 outstanding

Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/03/2020Registered 13/03/2020
Charge
outstanding

SHAWBROOK BANK LIMITED

Created 11/03/2020Registered 11/03/2020

CompanyRankvs 2054+ SIC 64303 peers
18

Financial strength20th percentile among SIC peers · 5/25
Employees32th percentile among SIC peers · 5/15
LiquidityCurrent ratio 0.87× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength5/25 pts

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

Employees5/15 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.

Longevity7/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/04/2025

Net Worth

£1

Balance sheet strength

Cash

£95

Cash in the bank

Profit Before Tax

-£49k

Bottom line earnings

Net Current Assets

-£143k

Working capital

Current Assets

£920k

Current Liabilities

£1.1M

Debtors

£919k

Admin Expenses

£3k

Profit After Tax

-£16k

0avg. employees

Tax at Year End(2023)

Corp tax£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20250.87
20240.87
20230.97

Derived from filed accounts. Not audited figures.