Manufacture of other wearing apparel and accessories
Registered Address
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Website
-
horizon clothing company limitedEstimated Valuation
£29.2k
Pomanda estimates the enterprise value of HORIZON CLOTHING COMPANY LIMITED at £29.2k based on a Turnover of £58.7k and 0.5x industry multiple (adjusted for size and gross margin).
horizon clothing company limitedEstimated Valuation
£168.5k
Pomanda estimates the enterprise value of HORIZON CLOTHING COMPANY LIMITED at £168.5k based on an EBITDA of £42.2k and a 3.99x industry multiple (adjusted for size and gross margin).
horizon clothing company limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HORIZON CLOTHING COMPANY LIMITED at £0 based on Net Assets of £-255.4k and 3.28x industry multiple (adjusted for liquidity).
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Horizon Clothing Company LimitedOverview
Horizon Clothing Company Limited is a dissolved company that was located in london, NW3 5JJ with a Companies House number of 07467125. It operated in the manufacture of other wearing apparel and accessories n.e.c. sector, SIC Code 14190. Founded in December 2010, it's largest shareholder was
michael demosthenous
with a 100% stake. The last turnover for Horizon Clothing Company Limited was estimated at £58.7k.
Pomanda's financial health check has awarded Horizon Clothing Company Limited 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
Health Rating4out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £58.7k, make it smaller than the average company (£8.5m)
£58.7k - Horizon Clothing Company Limited
£8.5m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Horizon Clothing Company Limited
- - Industry AVG
Production
with a gross margin of 31.5%, this company has a comparable cost of product (31.5%)
31.5% - Horizon Clothing Company Limited
31.5% - Industry AVG
Profitability
an operating margin of 71.7% make it more profitable than the average company (3.4%)
71.7% - Horizon Clothing Company Limited
3.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (52)
1 - Horizon Clothing Company Limited
52 - Industry AVG
Pay Structure
on an average salary of £31.6k, the company has an equivalent pay structure (£31.6k)
£31.6k - Horizon Clothing Company Limited
£31.6k - Industry AVG
Efficiency
resulting in sales per employee of £58.7k, this is less efficient (£150.7k)
£58.7k - Horizon Clothing Company Limited
£150.7k - Industry AVG
Debtor Days
it gets paid by customers after 33 days, this is earlier than average (42 days)
33 days - Horizon Clothing Company Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 110 days, this is slower than average (34 days)
110 days - Horizon Clothing Company Limited
34 days - Industry AVG
Stock Days
it holds stock equivalent to 181 days, this is more than average (106 days)
181 days - Horizon Clothing Company Limited
106 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is more cash available to meet short term requirements (9 weeks)
13 weeks - Horizon Clothing Company Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 152.9%, this is a higher level of debt than the average (61.8%)
152.9% - Horizon Clothing Company Limited
61.8% - Industry AVG
HORIZON CLOTHING COMPANY LIMITED financials
EXPORT
Horizon Clothing Company Limited's latest turnover from December 2019 is estimated at £58.7 thousand and the company has net assets of -£255.4 thousand. According to their latest financial statements, we estimate that Horizon Clothing Company Limited has 1 employee and maintains cash reserves of £186.5 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Turnover
58,721
552,623
363,326
136,422
401,262
560,525
4,953,279
2,541,397
Other Income Or Grants
Cost Of Sales
40,229
386,212
248,200
96,394
276,873
385,484
3,410,144
1,644,528
Gross Profit
18,492
166,411
115,126
40,028
124,390
175,041
1,543,135
896,869
Admin Expenses
-23,631
227,817
441,487
-4,273
8,419
125,838
152,392
1,481,110
896,771
Operating Profit
42,123
-61,406
-326,361
4,273
31,609
-1,448
22,649
62,025
98
Interest Payable
Interest Receivable
1,045
654
442
299
523
633
1,810
1,792
453
Pre-Tax Profit
43,168
-60,752
-325,919
4,573
32,133
-815
24,460
63,817
551
Tax
-8,202
-914
-6,426
-5,626
-15,316
-143
Profit After Tax
34,966
-60,752
-325,919
3,658
25,706
-815
18,834
48,501
408
Dividends Paid
Retained Profit
34,966
-60,752
-325,919
3,658
25,706
-815
18,834
48,501
408
Employee Costs
31,625
92,271
62,045
29,877
58,028
87,979
681,805
403,195
Number Of Employees
1
3
2
1
2
3
23
15
EBITDA*
42,221
-61,376
-326,317
4,340
31,709
-1,300
22,871
62,355
280
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Tangible Assets
586
61
91
135
202
302
450
672
368
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
586
61
91
135
202
302
450
672
368
Stock & work in progress
20,000
511,010
270,000
161,244
105,770
Trade Debtors
5,402
37,756
20,953
55,600
25,600
651,471
372,429
Group Debtors
270,000
Misc Debtors
600
1,060
4,970
5,850
4,109
Cash
186,508
92,175
82,117
94,651
144,558
64,675
188,457
535,660
181,287
misc current assets
total current assets
482,510
642,001
378,040
100,501
148,667
120,275
214,057
1,348,375
659,486
total assets
483,096
642,062
378,131
100,636
148,869
120,577
214,507
1,349,047
659,854
Bank overdraft
Bank loan
Trade Creditors
12,156
29,639
50,560
21,405
53,648
146,763
1,300,137
659,445
Group/Directors Accounts
719,149
899,149
553,786
25,000
other short term finances
hp & lease commitments
other current liabilities
7,203
3,652
3,411
4,343
9,829
total current liabilities
738,508
932,440
607,757
4,343
56,234
53,648
146,763
1,300,137
659,445
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
738,508
932,440
607,757
4,343
56,234
53,648
146,763
1,300,137
659,445
net assets
-255,412
-290,378
-229,626
96,293
92,635
66,929
67,744
48,910
409
total shareholders funds
-255,412
-290,378
-229,626
96,293
92,635
66,929
67,744
48,910
409
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Operating Activities
Operating Profit
42,123
-61,406
-326,361
4,273
31,609
-1,448
22,649
62,025
98
Depreciation
98
30
44
67
100
148
222
330
182
Amortisation
Tax
-8,202
-914
-6,426
-5,626
-15,316
-143
Stock
-491,010
241,010
270,000
-161,244
55,474
105,770
Debtors
237,186
12,893
20,073
1,741
-51,491
30,000
-625,871
279,042
372,429
Creditors
-17,483
-20,921
50,560
-21,405
-32,243
-93,115
-1,153,374
640,692
659,445
Accruals and Deferred Income
3,551
241
-932
-5,486
9,829
Deferred Taxes & Provisions
Cash flow from operations
273,911
-335,959
-566,762
-25,206
54,360
-124,415
-349,014
353,215
181,383
Investing Activities
capital expenditure
-623
-634
-550
Change in Investments
cash flow from investments
-623
-634
-550
Financing Activities
Bank loans
Group/Directors Accounts
-180,000
345,363
553,786
-25,000
25,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
1
interest
1,045
654
442
299
523
633
1,810
1,792
453
cash flow from financing
-178,955
346,017
554,228
-24,701
25,523
633
1,810
1,792
454
cash and cash equivalents
cash
94,333
10,058
-12,534
-49,907
79,883
-123,782
-347,203
354,373
181,287
overdraft
change in cash
94,333
10,058
-12,534
-49,907
79,883
-123,782
-347,203
354,373
181,287
horizon clothing company limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for horizon clothing company limited. Get real-time insights into horizon clothing company limited's credit score, group structure and payment trends.
Horizon Clothing Company Limited Competitor Analysis
Perform a competitor analysis for horizon clothing company limited by selecting its closest rivals, whether from the MANUFACTURING sector, other undefined companies, companies in NW3 area or any other competitors across 12 key performance metrics.
horizon clothing company limited Ownership
HORIZON CLOTHING COMPANY LIMITED group structure
Horizon Clothing Company Limited has no subsidiary companies.
Ultimate parent company
HORIZON CLOTHING COMPANY LIMITED
07467125
HORIZON CLOTHING COMPANY LIMITED Shareholders
The sole shareholder of Horizon Clothing Company Limited is Michael Demosthenous.
michael demosthenous
100%
horizon clothing company limited directors
Horizon Clothing Company Limited currently has 1 director, Mr Michael Demosthenous serving since Dec 2010.
14190 - Manufacture of other wearing apparel and accessories
incorporation date
December 2010
age
15
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2019
previous names
N/A
accountant
NUMERA PARTNERS LLP
auditor
-
address
4th floor charles house, 108-110 finchley road, london, NW3 5JJ
Bank
-
Legal Advisor
-
horizon clothing company 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 1 charges/mortgages relating to horizon clothing company limited. Currently there are 0 open charges and 1 have been satisfied in the past.
horizon clothing company 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 clothing company limitedCompanies House Filings - See Documents
