horizon search & selection limited
horizon search & selection limited Company Information
Company Number
07653415
Next Accounts
Feb 2026
Shareholders
gemma turp
kate alexandra howes
View AllGroup Structure
View All
Industry
Temporary employment agency activities
Registered Address
5 station yard, needham market, ipswich, suffolk, IP6 8AS
Website
www.horizoneast.co.ukhorizon search & selection limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON SEARCH & SELECTION LIMITED at £33k based on a Turnover of £200.3k and 0.16x industry multiple (adjusted for size and gross margin).
horizon search & selection limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON SEARCH & SELECTION LIMITED at £0 based on an EBITDA of £-24.6k and a 2.93x industry multiple (adjusted for size and gross margin).
horizon search & selection limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON SEARCH & SELECTION LIMITED at £0 based on Net Assets of £-64.8k and 1.3x industry multiple (adjusted for liquidity).
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Horizon Search & Selection Limited Overview
Horizon Search & Selection Limited is a live company located in ipswich, IP6 8AS with a Companies House number of 07653415. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in June 2011, it's largest shareholder is gemma turp with a 47.5% stake. Horizon Search & Selection Limited is a established, micro sized company, Pomanda has estimated its turnover at £200.3k with declining growth in recent years.
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Horizon Search & Selection Limited Health Check
Pomanda's financial health check has awarded Horizon Search & Selection Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £200.3k, make it smaller than the average company (£14m)
- Horizon Search & Selection Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (8.4%)
- Horizon Search & Selection Limited
8.4% - Industry AVG
Production
with a gross margin of 18.2%, this company has a comparable cost of product (18.2%)
- Horizon Search & Selection Limited
18.2% - Industry AVG
Profitability
an operating margin of -12.6% make it less profitable than the average company (2.4%)
- Horizon Search & Selection Limited
2.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (51)
2 - Horizon Search & Selection Limited
51 - Industry AVG
Pay Structure
on an average salary of £50k, the company has an equivalent pay structure (£50k)
- Horizon Search & Selection Limited
£50k - Industry AVG
Efficiency
resulting in sales per employee of £100.2k, this is less efficient (£211.8k)
- Horizon Search & Selection Limited
£211.8k - Industry AVG
Debtor Days
it gets paid by customers after 34 days, this is near the average (41 days)
- Horizon Search & Selection Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (3 days)
- Horizon Search & Selection Limited
3 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Horizon Search & Selection Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is more cash available to meet short term requirements (7 weeks)
18 weeks - Horizon Search & Selection Limited
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 241.7%, this is a higher level of debt than the average (69.8%)
241.7% - Horizon Search & Selection Limited
69.8% - Industry AVG
HORIZON SEARCH & SELECTION LIMITED financials
Horizon Search & Selection Limited's latest turnover from May 2024 is estimated at £200.3 thousand and the company has net assets of -£64.8 thousand. According to their latest financial statements, Horizon Search & Selection Limited has 2 employees and maintains cash reserves of £15.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,997 | 2,662 | 3,179 | 3,753 | 4,105 | 1,363 | 1,817 | 2,423 | 3,231 | 1,632 | 1,679 | 2,239 | 2,986 |
| Intangible Assets | |||||||||||||
| Investments & Other | |||||||||||||
| Debtors (Due After 1 year) | 15,670 | 13,459 | |||||||||||
| Total Fixed Assets | 1,997 | 2,662 | 3,179 | 19,423 | 17,564 | 1,363 | 1,817 | 2,423 | 3,231 | 1,632 | 1,679 | 2,239 | 2,986 |
| Stock & work in progress | |||||||||||||
| Trade Debtors | 19,170 | 15,143 | 10,580 | 14,872 | 19,036 | 30,955 | 48,962 | 50,182 | 32,343 | 23,329 | 16,708 | ||
| Group Debtors | |||||||||||||
| Misc Debtors | 8,976 | 7,576 | 5,511 | 1,250 | 1,700 | 1,700 | 2,543 | ||||||
| Cash | 15,589 | 16,922 | 31,729 | 53,042 | 31,555 | 24,334 | 24,199 | 41,728 | 46,146 | 46,111 | 5,426 | 10,684 | 11,766 |
| misc current assets | |||||||||||||
| total current assets | 43,735 | 39,641 | 47,820 | 53,042 | 31,555 | 40,456 | 44,935 | 74,383 | 97,651 | 96,293 | 37,769 | 34,013 | 28,474 |
| total assets | 45,732 | 42,303 | 50,999 | 72,465 | 49,119 | 41,819 | 46,752 | 76,806 | 100,882 | 97,925 | 39,448 | 36,252 | 31,460 |
| Bank overdraft | 15,735 | 7,212 | 5,448 | 5,448 | 2,114 | ||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 441 | 467 | 468 | 443 | 544 | 483 | 2,688 | 1,227 | 40,947 | 36,505 | 32,907 | 64,463 | |
| Group/Directors Accounts | 7,455 | 22,455 | 490 | 490 | 490 | ||||||||
| other short term finances | |||||||||||||
| hp & lease commitments | |||||||||||||
| other current liabilities | 21,182 | 8,044 | 6,455 | 11,391 | 21,154 | 18,995 | 44,753 | 62,603 | 83,856 | ||||
| total current liabilities | 44,813 | 38,178 | 12,393 | 17,797 | 22,087 | 21,653 | 45,236 | 65,291 | 85,083 | 40,947 | 36,505 | 32,907 | 64,463 |
| loans | 36,003 | 10,708 | 16,283 | 21,793 | |||||||||
| hp & lease commitments | |||||||||||||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 29,320 | 29,320 | 29,320 | 29,320 | 29,320 | 29,320 | 49,320 | 50,000 | 40,000 | ||||
| provisions | 399 | 532 | 175 | 175 | 153 | 259 | 345 | 461 | 646 | 326 | |||
| total long term liabilities | 65,722 | 40,560 | 45,778 | 51,288 | 29,473 | 29,579 | 345 | 461 | 646 | 49,646 | 50,000 | 40,000 | |
| total liabilities | 110,535 | 78,738 | 58,171 | 69,085 | 51,560 | 51,232 | 45,581 | 65,752 | 85,729 | 90,593 | 86,505 | 72,907 | 64,463 |
| net assets | -64,803 | -36,435 | -7,172 | 3,380 | -2,441 | -9,413 | 1,171 | 11,054 | 15,153 | 7,332 | -47,057 | -36,655 | -33,003 |
| total shareholders funds | -64,803 | -36,435 | -7,172 | 3,380 | -2,441 | -9,413 | 1,171 | 11,054 | 15,153 | 7,332 | -47,057 | -36,655 | -33,003 |
| May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | |||||||||||||
| Depreciation | 665 | 887 | 574 | 644 | 518 | 454 | 606 | 808 | 732 | 494 | 560 | 747 | 996 |
| Amortisation | |||||||||||||
| Tax | |||||||||||||
| Stock | |||||||||||||
| Debtors | 5,427 | 6,628 | 421 | 2,211 | -2,663 | -4,614 | -11,919 | -18,850 | 1,323 | 17,839 | 9,014 | 6,621 | 16,708 |
| Creditors | -26 | 467 | -468 | 25 | -101 | 61 | -2,205 | 1,461 | -39,720 | 4,442 | 3,598 | -31,556 | 64,463 |
| Accruals and Deferred Income | 13,138 | 1,589 | -4,936 | -9,763 | 2,159 | -25,758 | -17,850 | -21,253 | 83,856 | ||||
| Deferred Taxes & Provisions | -133 | 357 | 22 | -106 | -86 | -116 | -185 | 320 | 326 | ||||
| Cash flow from operations | |||||||||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | |||||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -15,000 | 21,965 | 490 | ||||||||||
| Other Short Term Loans | |||||||||||||
| Long term loans | 25,295 | -5,575 | -5,510 | 21,793 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||
| other long term liabilities | 29,320 | -49,320 | -680 | 10,000 | 40,000 | ||||||||
| share issue | |||||||||||||
| interest | |||||||||||||
| cash flow from financing | |||||||||||||
| cash and cash equivalents | |||||||||||||
| cash | -1,333 | -14,807 | -21,313 | 21,487 | 7,221 | 135 | -17,529 | -4,418 | 35 | 40,685 | -5,258 | -1,082 | 11,766 |
| overdraft | 8,523 | 1,764 | 5,448 | -2,114 | 2,114 | ||||||||
| change in cash | -9,856 | -16,571 | -21,313 | 16,039 | 9,335 | -1,979 | -17,529 | -4,418 | 35 | 40,685 | -5,258 | -1,082 | 11,766 |
horizon search & selection limited Credit Report and Business Information
Horizon Search & Selection Limited Competitor Analysis
Perform a competitor analysis for horizon search & selection limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in IP6 area or any other competitors across 12 key performance metrics.
horizon search & selection limited Ownership
HORIZON SEARCH & SELECTION LIMITED group structure
Horizon Search & Selection Limited has no subsidiary companies.
Ultimate parent company
HORIZON SEARCH & SELECTION LIMITED
07653415
horizon search & selection limited directors
Horizon Search & Selection Limited currently has 2 directors. The longest serving directors include Mrs Gemma Turp (Apr 2013) and Ms Kate Howes (Sep 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Gemma Turp | England | 47 years | Apr 2013 | - | Director |
| Ms Kate Howes | England | 34 years | Sep 2017 | - | Director |
P&L
May 2024turnover
200.3k
+11%
operating profit
-25.3k
0%
gross margin
18.2%
-1.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024net assets
-64.8k
+0.78%
total assets
45.7k
+0.08%
cash
15.6k
-0.08%
net assets
Total assets minus all liabilities
horizon search & selection limited company details
company number
07653415
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
TARGET ASSOCIATES LTD
auditor
-
address
5 station yard, needham market, ipswich, suffolk, IP6 8AS
Bank
-
Legal Advisor
-
horizon search & selection 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 did not find charges/mortgages relating to horizon search & selection limited.
horizon search & selection 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.
Click to start generating capital raising & share issue transactions for HORIZON SEARCH & SELECTION LIMITED. This can take several minutes, an email will notify you when this has completed.
horizon search & selection limited Companies House Filings - See Documents
| date | description | view/download |
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