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Why Do Horses Ltd

15809656

active
Private Limited Company
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

61 BRIDGE STREET, KINGTON, HR5 3DJ
Incorporated 29/06/2024

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85590
Other education

Officers

Louise Ellen Napthine

director · Since 29/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Mr Andrew James Furnell

director · Since 30/06/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Persons with Significant Control

Louise Ellen Napthine

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 44

61, Bridge Street, Kington, HR5 3DJ

Notified 29/06/2024

CompanyRankvs 28774+ SIC 85590 peers
33

Financial strength11th percentile among SIC peers · 3/25
Employees73th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.05× · 2/20
Longevity2 years trading (max 15) · 2/15
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.

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.

Longevity2/15 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

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£385

Current Liabilities

£8k

2avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with FreeAgent

EstimatesDerived

YearCurrent RatioImplied Profit
20250.05+£0
20250.05

Derived from filed accounts. Not audited figures.