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Horse & Chains Limited

14596197

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

23 PORTERS WOOD, ST. ALBANS, AL3 6PQ
Incorporated 16/01/2023

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 10/06/2025

Due 24/06/2026

On track

Industry

56302
Public houses and bars

Officers

Mr Gordon Lungley

director · Since 16/01/2023

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Mr Kevin John O'Malley

secretary · Since 12/05/2023

Persons with Significant Control

Mr Gordon Lungley

75–100% shares
75–100% votes
right-to-appoint-and-remove-directors-as-trust

British · England · Age 47

23, Porters Wood, St. Albans, AL3 6PQ

Notified 16/01/2023

Former PSCs

Par 3 Lounge Limited

Ceased 30/06/2023

Mr Kevin John O'Malley

Ceased 10/06/2026

CompanyRankvs 19886+ SIC 56302 peers
32

Financial strength13th percentile among SIC peers · 3/25
Employees52th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.27× · 2/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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19886Horse & Chains Limited
31
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.

Employees8/15 pts

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

Liquidity2/20 pts

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

Longevity4/15 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 31/03/2025

Net Worth

-£54k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

-£72k

Working capital

Current Assets

£26k

Current Liabilities

£98k

Fixed Assets

£17k

Debtors

£13k

5avg. employees-5

Balance Sheet

Assets less current liabilities-£54k
Signed by Mr Gordon Lungley 24th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.27-£28k
20240.39—

Derived from filed accounts. Not audited figures.