horizon fostering services ltd
horizon fostering services ltd Company Information
Company Number
03915323
Next Accounts
Oct 2025
Directors
Shareholders
asama rizvi & shadab ahmad
asama rizvi
View AllGroup Structure
View All
Industry
Other social work activities without accommodation n.e.c.
Registered Address
kingsbury house, 468 church lane, kingsbury, london, NW9 8UA
Website
www.horizonfostering.co.ukhorizon fostering services ltd Estimated Valuation
Pomanda estimates the enterprise value of HORIZON FOSTERING SERVICES LTD at £258.3k based on a Turnover of £752.1k and 0.34x industry multiple (adjusted for size and gross margin).
horizon fostering services ltd Estimated Valuation
Pomanda estimates the enterprise value of HORIZON FOSTERING SERVICES LTD at £0 based on an EBITDA of £-109.3k and a 3.57x industry multiple (adjusted for size and gross margin).
horizon fostering services ltd Estimated Valuation
Pomanda estimates the enterprise value of HORIZON FOSTERING SERVICES LTD at £1.3m based on Net Assets of £540.1k and 2.4x industry multiple (adjusted for liquidity).
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Horizon Fostering Services Ltd Overview
Horizon Fostering Services Ltd is a live company located in kingsbury, NW9 8UA with a Companies House number of 03915323. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in January 2000, it's largest shareholder is asama rizvi & shadab ahmad with a 94.2% stake. Horizon Fostering Services Ltd is a mature, small sized company, Pomanda has estimated its turnover at £752.1k with declining growth in recent years.
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Horizon Fostering Services Ltd Health Check
Pomanda's financial health check has awarded Horizon Fostering Services Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £752.1k, make it larger than the average company (£447.5k)
- Horizon Fostering Services Ltd
£447.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -17%, show it is growing at a slower rate (6.9%)
- Horizon Fostering Services Ltd
6.9% - Industry AVG
Production
with a gross margin of 30.7%, this company has a higher cost of product (74.8%)
- Horizon Fostering Services Ltd
74.8% - Industry AVG
Profitability
an operating margin of -14.6% make it less profitable than the average company (3.5%)
- Horizon Fostering Services Ltd
3.5% - Industry AVG
Employees
with 12 employees, this is similar to the industry average (13)
12 - Horizon Fostering Services Ltd
13 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£25k)
- Horizon Fostering Services Ltd
£25k - Industry AVG
Efficiency
resulting in sales per employee of £62.7k, this is more efficient (£40.4k)
- Horizon Fostering Services Ltd
£40.4k - Industry AVG
Debtor Days
it gets paid by customers after 101 days, this is later than average (13 days)
- Horizon Fostering Services Ltd
13 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (6 days)
- Horizon Fostering Services Ltd
6 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Horizon Fostering Services Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is less cash available to meet short term requirements (231 weeks)
55 weeks - Horizon Fostering Services Ltd
231 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (13%)
10.7% - Horizon Fostering Services Ltd
13% - Industry AVG
HORIZON FOSTERING SERVICES LTD financials
Horizon Fostering Services Ltd's latest turnover from January 2024 is estimated at £752.1 thousand and the company has net assets of £540.1 thousand. According to their latest financial statements, Horizon Fostering Services Ltd has 12 employees and maintains cash reserves of £68.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 12 | 13 | 10 | 9 | 9 | 10 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,690 | 2,535 | 3,380 | 211 | 121 | 4,442 | 8,572 | 11,355 | 19,520 | 10,526 | 14,588 | ||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 325,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 326,690 | 2,535 | 3,380 | 211 | 121 | 4,442 | 8,572 | 11,355 | 19,520 | 10,526 | 14,588 | ||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 209,413 | 263,154 | 553,057 | 426,163 | 437,507 | 224,851 | 134,012 | 188,418 | 309,415 | 139,708 | 118,635 | 216,050 | 410,917 | 377,363 | 348,470 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 68,859 | 401,169 | 75,285 | 277,481 | 220,105 | 293,517 | 309,699 | 222,739 | 156,003 | 83,485 | 165,505 | 64,927 | 22,252 | 41,077 | 10,599 |
| misc current assets | |||||||||||||||
| total current assets | 278,272 | 664,323 | 628,342 | 703,644 | 657,612 | 518,368 | 443,711 | 411,157 | 465,418 | 223,193 | 284,140 | 280,977 | 433,169 | 418,440 | 359,069 |
| total assets | 604,962 | 666,858 | 631,722 | 703,644 | 657,612 | 518,368 | 443,711 | 411,368 | 465,539 | 227,635 | 292,712 | 292,332 | 452,689 | 428,966 | 373,657 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 64,842 | 28,975 | 53,457 | 99,737 | 55,334 | 58,460 | 82,468 | 105,058 | 153,134 | 141,577 | 107,059 | 151,703 | 353,535 | 236,653 | 119,373 |
| Group/Directors Accounts | 2,846 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 64,842 | 28,975 | 53,457 | 99,737 | 55,334 | 61,306 | 82,468 | 105,058 | 153,134 | 141,577 | 107,059 | 151,703 | 353,535 | 236,653 | 119,373 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 65,219 | ||||||||||||||
| provisions | 453 | ||||||||||||||
| total long term liabilities | 65,219 | 453 | |||||||||||||
| total liabilities | 64,842 | 28,975 | 53,457 | 99,737 | 55,334 | 61,306 | 82,468 | 170,277 | 153,134 | 141,577 | 107,059 | 151,703 | 353,535 | 236,653 | 119,826 |
| net assets | 540,120 | 637,883 | 578,265 | 603,907 | 602,278 | 457,062 | 361,243 | 241,091 | 312,405 | 86,058 | 185,653 | 140,629 | 99,154 | 192,313 | 253,831 |
| total shareholders funds | 540,120 | 637,883 | 578,265 | 603,907 | 602,278 | 457,062 | 361,243 | 241,091 | 312,405 | 86,058 | 185,653 | 140,629 | 99,154 | 192,313 | 253,831 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 845 | 845 | 845 | 48,581 | 1,386 | 5,435 | 5,435 | 5,174 | 8,165 | 9,842 | 5,161 | 5,161 | |||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -53,741 | -289,903 | 126,894 | -11,344 | 212,656 | 90,839 | -54,406 | -120,997 | 169,707 | 21,073 | -97,415 | -194,867 | 33,554 | 28,893 | 348,470 |
| Creditors | 35,867 | -24,482 | -46,280 | 44,403 | -3,126 | -24,008 | -22,590 | -48,076 | 11,557 | 34,518 | -44,644 | -201,832 | 116,882 | 117,280 | 119,373 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | -453 | 453 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 325,000 | ||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -2,846 | 2,846 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -65,219 | 65,219 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -332,310 | 325,884 | -202,196 | 57,376 | -73,412 | -16,182 | 86,960 | 66,736 | 72,518 | -82,020 | 100,578 | 42,675 | -18,825 | 30,478 | 10,599 |
| overdraft | |||||||||||||||
| change in cash | -332,310 | 325,884 | -202,196 | 57,376 | -73,412 | -16,182 | 86,960 | 66,736 | 72,518 | -82,020 | 100,578 | 42,675 | -18,825 | 30,478 | 10,599 |
horizon fostering services ltd Credit Report and Business Information
Horizon Fostering Services Ltd Competitor Analysis
Perform a competitor analysis for horizon fostering services ltd by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other small companies, companies in NW9 area or any other competitors across 12 key performance metrics.
horizon fostering services ltd Ownership
HORIZON FOSTERING SERVICES LTD group structure
Horizon Fostering Services Ltd has no subsidiary companies.
Ultimate parent company
HORIZON FOSTERING SERVICES LTD
03915323
horizon fostering services ltd directors
Horizon Fostering Services Ltd currently has 1 director, Mr Shadab Ahmad serving since May 2000.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shadab Ahmad | England | 60 years | May 2000 | - | Director |
P&L
January 2024turnover
752.1k
-16%
operating profit
-110.1k
0%
gross margin
30.8%
-3.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
540.1k
-0.15%
total assets
605k
-0.09%
cash
68.9k
-0.83%
net assets
Total assets minus all liabilities
horizon fostering services ltd company details
company number
03915323
Type
Private limited with Share Capital
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
January 2000
age
25
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
January 2024
previous names
horizon fostering services uk limited (September 2001)
bright & best limited (May 2000)
accountant
-
auditor
-
address
kingsbury house, 468 church lane, kingsbury, london, NW9 8UA
Bank
-
Legal Advisor
-
horizon fostering services ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to horizon fostering services ltd.
horizon fostering services ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for HORIZON FOSTERING SERVICES LTD. This can take several minutes, an email will notify you when this has completed.
horizon fostering services ltd Companies House Filings - See Documents
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