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Horace Investments Ltd

12981489

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

38 HORACE AVNEUE, ROMFORD, RM7 0UU
Incorporated 28/10/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Dr Samia El-Sayed Bushra

director · Since 28/10/2020

GP

BRITISH · UNITED KINGDOM · Age 62

Also on 1 other board

Mr Islam Adil Hemmaida

director · Since 28/10/2020

BUSINESSMAN

BRITISH · UNITED KINGDOM · Age 35

Also on 7 other boards

Persons with Significant Control

Mr Islam Adil Hemmaida

25–50% shares

British · United Kingdom · Age 35

38, Horace Avneue, Romford, RM7 0UU

Notified 28/10/2020

Dr Samia El-Sayed Bushra

25–50% shares

British · United Kingdom · Age 62

38, Horace Avneue, Romford, RM7 0UU

Notified 28/10/2020

CompanyRankvs 88894+ SIC 47910 peers
31

Financial strength5th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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88894Horace Investments Ltd
26
How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 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.

Longevity6/15 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 31/10/2024

Net Worth

-£36k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£37k

Current Liabilities

£73k

0avg. employees

Balance Sheet

Assets less current liabilities-£36k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.51-£454
20230.73-£326
20220.71—

Derived from filed accounts. Not audited figures.