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Horizon Studios (North West) Community Interest Company

13485370

active
Community Interest Company
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)

Details

HORIZON STUDIOS COLLEGE HOUSE, BARROW-IN-FURNESS, LA14 1NB
Incorporated 30/06/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

88990
Other social work activities without accommodation

Officers

Mr Joshua Spedding

director · Since 30/06/2021

DIRECTOR

ENGLISH · ENGLAND · Age 30

Mr Oliver Sean Hopkinson

director · Since 22/10/2024

GENERAL MANAGER

BRITISH · ENGLAND · Age 30

Ms Janice Sylvia Spedding

director · Since 07/01/2025

SELF EMPLOYED

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Joshua Spedding

25–50% votes

English · England · Age 30

Horizon Studios, College House, Barrow-In-Furness, LA14 1NB

Notified 30/06/2021

Mr Joshua James Spedding

25–50% votes

English · England · Age 30

Horizon Studios, College House, Barrow-In-Furness, LA14 1NB

Notified 30/06/2021

Former PSCs

Mr Joshua Cassells Duncan

Ceased 16/03/2024

CompanyRankvs 8737+ SIC 88990 peers
40

Financial strength12th percentile among SIC peers · 3/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.69× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees11/15 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.

Longevity5/15 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 30/06/2025

Turnover

£36k

Annual revenue

Net Worth

-£2k

Balance sheet strength

Cash

£20k

Cash in the bank

Profit Before Tax

-£6k

Bottom line earnings

Net Current Assets

-£9k

Working capital

Current Assets

£20k

Current Liabilities

£28k

Fixed Assets

£19k

Debtors

£2k

Cost of Sales

£80k

Gross Profit

-£45k

Admin Expenses

£23k

Operating Profit

-£6k

2avg. employees

Balance Sheet

Assets less current liabilities£10k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20250.69+£0
20250.69

Derived from filed accounts. Not audited figures.