horst limited
horst limited Company Information
Company Number
08278456
Website
www.horstsystems.comRegistered Address
9 bonhill street, london, EC2A 4DJ
Industry
Portrait photographic activities
Telephone
-
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
andrew cowan 99%
paula cowan 1%
horst limited Estimated Valuation
Pomanda estimates the enterprise value of HORST LIMITED at £175.5k based on a Turnover of £530.5k and 0.33x industry multiple (adjusted for size and gross margin).
horst limited Estimated Valuation
Pomanda estimates the enterprise value of HORST LIMITED at £2.4k based on an EBITDA of £1k and a 2.29x industry multiple (adjusted for size and gross margin).
horst limited Estimated Valuation
Pomanda estimates the enterprise value of HORST LIMITED at £67.9k based on Net Assets of £26.8k and 2.54x industry multiple (adjusted for liquidity).
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Horst Limited Overview
Horst Limited is a live company located in london, EC2A 4DJ with a Companies House number of 08278456. It operates in the portrait photographic activities sector, SIC Code 74201. Founded in November 2012, it's largest shareholder is andrew cowan with a 99% stake. Horst Limited is a established, small sized company, Pomanda has estimated its turnover at £530.5k with low growth in recent years.
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Horst Limited Health Check
Pomanda's financial health check has awarded Horst Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £530.5k, make it larger than the average company (£57k)
- Horst Limited
£57k - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a faster rate (-8.4%)
- Horst Limited
-8.4% - Industry AVG
Production
with a gross margin of 24.8%, this company has a higher cost of product (31.3%)
- Horst Limited
31.3% - Industry AVG
Profitability
an operating margin of 0.2% make it less profitable than the average company (3.9%)
- Horst Limited
3.9% - Industry AVG
Employees
with 2 employees, this is above the industry average (1)
2 - Horst Limited
1 - Industry AVG
Pay Structure
on an average salary of £16.3k, the company has an equivalent pay structure (£16.3k)
- Horst Limited
£16.3k - Industry AVG
Efficiency
resulting in sales per employee of £265.2k, this is more efficient (£55.5k)
- Horst Limited
£55.5k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (62 days)
- Horst Limited
62 days - Industry AVG
Creditor Days
its suppliers are paid after 108 days, this is slower than average (17 days)
- Horst Limited
17 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Horst Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Horst Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.6%, this is a higher level of debt than the average (65.1%)
81.6% - Horst Limited
65.1% - Industry AVG
HORST LIMITED financials
Horst Limited's latest turnover from November 2023 is estimated at £530.5 thousand and the company has net assets of £26.8 thousand. According to their latest financial statements, Horst Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,353 | 11,074 | |||||||||
| Other Income Or Grants | 0 | 0 | |||||||||
| Cost Of Sales | 9,574 | 7,222 | |||||||||
| Gross Profit | 6,779 | 3,852 | |||||||||
| Admin Expenses | |||||||||||
| Operating Profit | |||||||||||
| Interest Payable | 0 | 0 | |||||||||
| Interest Receivable | 0 | 0 | |||||||||
| Pre-Tax Profit | 4,786 | 3,611 | |||||||||
| Tax | -957 | -722 | |||||||||
| Profit After Tax | 3,829 | 2,889 | |||||||||
| Dividends Paid | 0 | 0 | |||||||||
| Retained Profit | 3,829 | 2,889 | |||||||||
| Employee Costs | |||||||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 2 | 2 | 2 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 145,645 | 144,542 | 121,325 | 104,397 | 84,054 | 72,407 | 84,291 | 49,051 | 3,873 | 11,074 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 21,598 | 759 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 145,645 | 144,542 | 121,325 | 104,397 | 84,054 | 72,407 | 84,291 | 49,051 | 25,471 | 11,833 | 0 |
| total assets | 145,645 | 144,542 | 121,325 | 104,397 | 84,054 | 72,407 | 84,291 | 49,051 | 25,471 | 11,833 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 118,890 | 118,558 | 102,016 | 91,629 | 74,963 | 57,393 | 62,700 | 36,905 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,653 | 8,844 | 0 |
| total current liabilities | 118,890 | 118,558 | 102,016 | 91,629 | 74,963 | 57,393 | 62,700 | 36,905 | 18,653 | 8,844 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 118,890 | 118,558 | 102,016 | 91,629 | 74,963 | 57,393 | 62,700 | 36,905 | 18,653 | 8,844 | 0 |
| net assets | 26,755 | 25,984 | 19,309 | 12,768 | 9,091 | 15,014 | 21,591 | 12,146 | 6,818 | 2,989 | 0 |
| total shareholders funds | 26,755 | 25,984 | 19,309 | 12,768 | 9,091 | 15,014 | 21,591 | 12,146 | 6,818 | 2,989 | 0 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Tax | -957 | -722 | |||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 1,103 | 23,217 | 16,928 | 20,343 | 11,647 | -11,884 | 35,240 | 45,178 | -7,201 | 11,074 | 0 |
| Creditors | 332 | 16,542 | 10,387 | 16,666 | 17,570 | -5,307 | 25,795 | 36,905 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,653 | 9,809 | 8,844 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||
| interest | 0 | 0 | |||||||||
| cash flow from financing | 0 | 100 | |||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,598 | 20,839 | 759 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -21,598 | 20,839 | 759 | 0 |
horst limited Credit Report and Business Information
Horst Limited Competitor Analysis
Perform a competitor analysis for horst limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in EC2A area or any other competitors across 12 key performance metrics.
horst limited Ownership
HORST LIMITED group structure
Horst Limited has no subsidiary companies.
Ultimate parent company
HORST LIMITED
08278456
horst limited directors
Horst Limited currently has 2 directors. The longest serving directors include Mrs Paula Cowan (Nov 2012) and Mr Andrew Cowan (Nov 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Paula Cowan | Scotland | 50 years | Nov 2012 | - | Director |
| Mr Andrew Cowan | 70 years | Nov 2012 | - | Director |
P&L
November 2023turnover
530.5k
+200%
operating profit
1k
0%
gross margin
24.8%
-32.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
26.8k
+0.03%
total assets
145.6k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
horst limited company details
company number
08278456
Type
Private limited with Share Capital
industry
74201 - Portrait photographic activities
incorporation date
November 2012
age
12
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
November 2023
address
9 bonhill street, london, EC2A 4DJ
accountant
-
auditor
-
horst 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 horst limited.
horst limited Companies House Filings - See Documents
| date | description | view/download |
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