horizon platforms limited
horizon platforms limited Company Information
Company Number
06384600
Next Accounts
Sep 2025
Shareholders
we are horizon trustee ltd
benjamin john hirst
View AllGroup Structure
View All
Industry
Renting and leasing of construction and civil engineering machinery and equipment
Registered Address
unit g1 rosie road, normanton, west yorkshire, WF6 1ZB
Website
www.horizonplatforms.co.ukhorizon platforms limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON PLATFORMS LIMITED at £16.4m based on a Turnover of £21.8m and 0.75x industry multiple (adjusted for size and gross margin).
horizon platforms limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON PLATFORMS LIMITED at £7.6m based on an EBITDA of £1.9m and a 4.09x industry multiple (adjusted for size and gross margin).
horizon platforms limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON PLATFORMS LIMITED at £3.3m based on Net Assets of £1.6m and 2.15x industry multiple (adjusted for liquidity).
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Horizon Platforms Limited Overview
Horizon Platforms Limited is a live company located in west yorkshire, WF6 1ZB with a Companies House number of 06384600. It operates in the renting and leasing of construction and civil engineering machinery and equipment sector, SIC Code 77320. Founded in September 2007, it's largest shareholder is we are horizon trustee ltd with a 88.6% stake. Horizon Platforms Limited is a established, large sized company, Pomanda has estimated its turnover at £21.8m with high growth in recent years.
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Horizon Platforms Limited Health Check
Pomanda's financial health check has awarded Horizon Platforms Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £21.8m, make it larger than the average company (£13.1m)
£21.8m - Horizon Platforms Limited
£13.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.9%)
17% - Horizon Platforms Limited
8.9% - Industry AVG
Production
with a gross margin of 27.7%, this company has a higher cost of product (35%)
27.7% - Horizon Platforms Limited
35% - Industry AVG
Profitability
an operating margin of 3.7% make it less profitable than the average company (12.2%)
3.7% - Horizon Platforms Limited
12.2% - Industry AVG
Employees
with 89 employees, this is above the industry average (61)
89 - Horizon Platforms Limited
61 - Industry AVG
Pay Structure
on an average salary of £47.2k, the company has an equivalent pay structure (£44.6k)
£47.2k - Horizon Platforms Limited
£44.6k - Industry AVG
Efficiency
resulting in sales per employee of £245.5k, this is equally as efficient (£226.8k)
£245.5k - Horizon Platforms Limited
£226.8k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (59 days)
81 days - Horizon Platforms Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (48 days)
107 days - Horizon Platforms Limited
48 days - Industry AVG
Stock Days
it holds stock equivalent to 2 days, this is less than average (12 days)
2 days - Horizon Platforms Limited
12 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 15 weeks, this is more cash available to meet short term requirements (9 weeks)
15 weeks - Horizon Platforms Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87%, this is a higher level of debt than the average (56.4%)
87% - Horizon Platforms Limited
56.4% - Industry AVG
HORIZON PLATFORMS LIMITED financials
Horizon Platforms Limited's latest turnover from December 2023 is £21.8 million and the company has net assets of £1.6 million. According to their latest financial statements, Horizon Platforms Limited has 89 employees and maintains cash reserves of £2.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 21,848,966 | 21,841,591 | 18,038,000 | 13,555,000 | 13,314,000 | 13,345,000 | 13,268,711 | 12,634,096 | 11,185,855 | ||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 15,799,518 | 15,255,430 | 12,466,000 | 9,386,000 | 9,340,000 | 9,144,000 | 8,842,833 | 8,508,262 | 7,331,411 | ||||||
| Gross Profit | 6,049,448 | 6,586,161 | 5,572,000 | 4,169,000 | 3,974,000 | 4,201,000 | 4,425,878 | 4,125,834 | 3,854,444 | ||||||
| Admin Expenses | 5,239,428 | 5,270,146 | 4,694,000 | 3,591,000 | 3,577,000 | 3,466,000 | 3,505,766 | 3,456,786 | 2,737,551 | ||||||
| Operating Profit | 810,020 | 1,316,015 | 878,000 | 578,000 | 397,000 | 735,000 | 920,112 | 669,048 | 1,116,893 | ||||||
| Interest Payable | 76,034 | 62,816 | 73,000 | 64,000 | 129,000 | 174,000 | 222,763 | 243,040 | 191,665 | ||||||
| Interest Receivable | 1,562 | ||||||||||||||
| Pre-Tax Profit | 735,548 | 1,253,199 | 805,000 | 514,000 | 268,000 | 561,000 | 697,349 | 426,008 | 925,228 | ||||||
| Tax | -167,000 | -86,889 | -245,000 | -64,000 | -112,000 | -105,000 | -148,567 | -74,394 | -146,206 | ||||||
| Profit After Tax | 568,548 | 1,166,310 | 560,000 | 450,000 | 156,000 | 456,000 | 548,782 | 351,614 | 779,022 | ||||||
| Dividends Paid | 281,000 | 348,000 | 290,807 | 239,000 | 183,000 | ||||||||||
| Retained Profit | 568,548 | 1,166,310 | 560,000 | 450,000 | -125,000 | 108,000 | 257,975 | 112,614 | 596,022 | ||||||
| Employee Costs | 4,198,119 | 4,449,379 | 4,041,000 | 3,414,000 | 3,263,000 | 3,108,000 | 3,134,990 | 3,078,560 | 2,578,270 | ||||||
| Number Of Employees | 89 | 84 | 78 | 77 | 88 | 85 | 88 | 91 | 66 | ||||||
| EBITDA* | 1,850,764 | 2,338,989 | 2,054,000 | 1,972,000 | 1,888,000 | 2,274,781 | 2,522,943 | 2,210,343 | 2,301,977 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,861,436 | 3,436,045 | 4,361,000 | 4,677,000 | 6,043,000 | 6,945,025 | 8,415,373 | 9,791,392 | 7,943,794 | 6,143,870 | 4,214,011 | 2,841,227 | 2,599,404 | 2,009,916 | 1,296,879 |
| Intangible Assets | 657,364 | 832,256 | |||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,518,800 | 4,268,301 | 4,361,000 | 4,677,000 | 6,043,000 | 6,946,000 | 8,415,373 | 9,791,392 | 7,943,794 | 6,143,870 | 4,214,011 | 2,841,227 | 2,599,404 | 2,009,916 | 1,296,879 |
| Stock & work in progress | 107,017 | 5,000 | 4,000 | 2,000 | 10,948 | 18,355 | 22,283 | 36,609 | 27,464 | 20,251 | 11,107 | ||||
| Trade Debtors | 4,854,007 | 5,290,980 | 3,933,000 | 3,260,000 | 2,523,000 | 3,191,000 | 2,764,310 | 2,770,179 | 2,562,453 | 2,379,651 | 1,732,175 | 1,319,637 | 1,137,060 | 781,667 | 397,082 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 133,760 | 235,174 | 125,000 | 107,000 | 116,000 | 64,117 | 166,643 | 150,619 | 203,480 | ||||||
| Cash | 2,355,104 | 2,351,139 | 2,350,000 | 2,347,000 | 458,000 | 447,000 | 492,996 | 240,133 | 698,571 | 730,463 | 204,670 | 339,127 | 274,504 | 175,427 | 108,043 |
| misc current assets | |||||||||||||||
| total current assets | 7,449,888 | 7,877,293 | 6,413,000 | 5,718,000 | 3,099,000 | 3,702,000 | 3,434,897 | 3,179,286 | 3,486,787 | 3,146,723 | 1,964,309 | 1,679,015 | 1,422,671 | 957,094 | 505,125 |
| total assets | 11,968,688 | 12,145,594 | 10,774,000 | 10,395,000 | 9,142,000 | 10,648,000 | 11,850,270 | 12,970,678 | 11,430,581 | 9,290,593 | 6,178,320 | 4,520,242 | 4,022,075 | 2,967,010 | 1,802,004 |
| Bank overdraft | 14,013 | 14,463 | 13,333 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 4,651,599 | 4,740,907 | 4,397,000 | 3,031,000 | 1,711,000 | 2,322,000 | 1,735,583 | 2,107,661 | 1,899,013 | 2,757,008 | 1,562,811 | 1,253,659 | 959,333 | 625,571 | 570,016 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | 1,932,237 | 903,502 | 885,000 | ||||||||||||
| hp & lease commitments | 516,769 | 490,516 | 695,000 | 1,243,000 | 1,454,000 | 1,662,992 | 1,895,167 | 1,573,468 | 1,261,222 | 1,137,453 | 861,515 | 686,335 | 631,486 | 430,803 | |
| other current liabilities | 966,328 | 1,172,015 | 967,000 | 981,000 | 694,000 | 892,117 | 856,542 | 822,398 | 534,945 | ||||||
| total current liabilities | 8,066,933 | 7,306,940 | 6,944,000 | 5,255,000 | 3,859,000 | 4,878,000 | 4,501,305 | 4,517,990 | 3,708,513 | 3,894,461 | 2,424,326 | 1,939,994 | 1,590,819 | 1,056,374 | 570,016 |
| loans | 12,872 | 26,667 | 3,054,247 | ||||||||||||
| hp & lease commitments | 1,278,545 | 1,160,026 | 500,000 | 1,178,000 | 1,771,000 | 2,262,989 | 3,920,469 | 5,309,295 | 4,697,494 | 2,002,436 | 1,280,622 | 1,434,253 | 1,241,095 | ||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 858,508 | ||||||||||||||
| provisions | 1,070,000 | 1,000,000 | 770,000 | 550,000 | 550,000 | 420,000 | 450,000 | 410,000 | 390,000 | 330,000 | 222,223 | 190,513 | 203,896 | 170,415 | 99,965 |
| total long term liabilities | 2,348,545 | 2,160,026 | 1,270,000 | 1,728,000 | 2,321,000 | 2,683,000 | 4,370,469 | 5,732,167 | 5,114,161 | 3,384,247 | 2,224,659 | 1,471,135 | 1,638,149 | 1,411,510 | 958,473 |
| total liabilities | 10,415,478 | 9,466,966 | 8,214,000 | 6,983,000 | 6,180,000 | 7,561,000 | 8,871,774 | 10,250,157 | 8,822,674 | 7,278,708 | 4,648,985 | 3,411,129 | 3,228,968 | 2,467,884 | 1,528,489 |
| net assets | 1,553,210 | 2,678,628 | 2,560,000 | 3,412,000 | 2,962,000 | 3,087,000 | 2,978,496 | 2,720,521 | 2,607,907 | 2,011,885 | 1,529,335 | 1,109,113 | 793,107 | 499,126 | 273,515 |
| total shareholders funds | 1,553,210 | 2,678,628 | 2,560,000 | 3,412,000 | 2,962,000 | 3,087,000 | 2,978,496 | 2,720,521 | 2,607,907 | 2,011,885 | 1,529,335 | 1,109,113 | 793,107 | 499,126 | 273,515 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 810,020 | 1,316,015 | 878,000 | 578,000 | 397,000 | 735,000 | 920,112 | 669,048 | 1,116,893 | ||||||
| Depreciation | 698,506 | 796,394 | 1,176,000 | 1,379,000 | 1,470,000 | 1,561,000 | 1,624,050 | 1,541,295 | 1,185,084 | 945,097 | 651,296 | 484,343 | 412,229 | 260,950 | 156,019 |
| Amortisation | 342,238 | 226,580 | 15,000 | 21,000 | -21,219 | -21,219 | |||||||||
| Tax | -167,000 | -86,889 | -245,000 | -64,000 | -112,000 | -105,000 | -148,567 | -74,394 | -146,206 | ||||||
| Stock | 107,017 | -5,000 | 1,000 | 2,000 | 2,000 | -10,948 | -7,407 | -3,928 | -14,326 | 9,145 | 7,213 | 9,144 | 11,107 | ||
| Debtors | -538,387 | 1,468,154 | 691,000 | 728,000 | -616,098 | 324,145 | 10,155 | 154,865 | 386,282 | 647,476 | 412,538 | 182,577 | 355,393 | 384,585 | 397,082 |
| Creditors | -89,308 | 343,907 | 1,366,000 | 1,320,000 | -611,000 | 586,417 | -372,078 | 208,648 | -857,995 | 1,194,197 | 309,152 | 294,326 | 333,762 | 55,555 | 570,016 |
| Accruals and Deferred Income | -205,687 | 205,015 | -14,000 | 287,000 | -198,117 | 35,575 | 34,144 | 287,453 | 534,945 | ||||||
| Deferred Taxes & Provisions | 70,000 | 230,000 | 220,000 | 130,000 | -30,000 | 40,000 | 20,000 | 60,000 | 107,777 | 31,710 | -13,383 | 33,481 | 70,450 | 99,965 | |
| Cash flow from operations | 1,890,139 | 1,567,868 | 2,689,000 | 2,785,000 | 1,710,981 | 2,448,576 | 2,073,694 | 2,501,113 | 1,520,765 | ||||||
| Investing Activities | |||||||||||||||
| capital expenditure | 165,373 | 130,185 | -3,286,026 | -2,974,307 | |||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | 165,373 | 130,185 | -3,286,026 | -2,974,307 | |||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | 1,028,735 | 18,502 | 885,000 | ||||||||||||
| Long term loans | -12,872 | -13,795 | -3,027,580 | 3,054,247 | |||||||||||
| Hire Purchase and Lease Commitments | 144,772 | 455,542 | -1,226,000 | -804,000 | -700,981 | -1,889,655 | -1,067,127 | 924,047 | 4,821,263 | -1,726,498 | 896,994 | -98,782 | 393,841 | 1,671,898 | |
| other long term liabilities | -858,508 | 858,508 | |||||||||||||
| share issue | |||||||||||||||
| interest | -74,472 | -62,816 | -73,000 | -64,000 | -129,000 | -174,000 | -222,763 | -243,040 | -191,665 | ||||||
| cash flow from financing | -594,931 | -636,454 | -1,826,000 | -868,000 | -829,981 | -2,063,151 | -1,302,762 | 667,212 | 1,602,018 | ||||||
| cash and cash equivalents | |||||||||||||||
| cash | 3,965 | 1,139 | 3,000 | 1,889,000 | 11,000 | -45,996 | 252,863 | -458,438 | -31,892 | 525,793 | -134,457 | 64,623 | 99,077 | 67,384 | 108,043 |
| overdraft | -14,013 | -450 | 1,130 | 13,333 | |||||||||||
| change in cash | 3,965 | 1,139 | 3,000 | 1,889,000 | 11,000 | -31,983 | 253,313 | -459,568 | -45,225 | 525,793 | -134,457 | 64,623 | 99,077 | 67,384 | 108,043 |
horizon platforms limited Credit Report and Business Information
Horizon Platforms Limited Competitor Analysis
Perform a competitor analysis for horizon platforms limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other large companies, companies in WF6 area or any other competitors across 12 key performance metrics.
horizon platforms limited Ownership
HORIZON PLATFORMS LIMITED group structure
Horizon Platforms Limited has 2 subsidiary companies.
Ultimate parent company
HORIZON PLATFORMS LIMITED
06384600
2 subsidiaries
horizon platforms limited directors
Horizon Platforms Limited currently has 6 directors. The longest serving directors include Mr Benjamin Hirst (Sep 2007) and Mr Ruairi Duggan (Sep 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Benjamin Hirst | 47 years | Sep 2007 | - | Director | |
| Mr Ruairi Duggan | 49 years | Sep 2009 | - | Director | |
| Mr Kevin Appleton | 64 years | Apr 2014 | - | Director | |
| Mr Marco MacCio | 42 years | May 2020 | - | Director | |
| Mr David Webster | United Kingdom | 33 years | Nov 2020 | - | Director |
| Mr David Webster | United Kingdom | 33 years | Nov 2020 | - | Director |
P&L
December 2023turnover
21.8m
0%
operating profit
810k
-38%
gross margin
27.7%
-8.18%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.6m
-0.42%
total assets
12m
-0.01%
cash
2.4m
0%
net assets
Total assets minus all liabilities
horizon platforms limited company details
company number
06384600
Type
Private limited with Share Capital
industry
77320 - Renting and leasing of construction and civil engineering machinery and equipment
incorporation date
September 2007
age
18
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SAGARS ACCOUNTANTS LTD
address
unit g1 rosie road, normanton, west yorkshire, WF6 1ZB
Bank
-
Legal Advisor
-
horizon platforms limited 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 found 3 charges/mortgages relating to horizon platforms limited. Currently there are 2 open charges and 1 have been satisfied in the past.
horizon platforms limited 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.
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horizon platforms limited Companies House Filings - See Documents
| date | description | view/download |
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