horizon discovery group limited
horizon discovery group limited Company Information
Company Number
08921143
Website
www.horizondiscovery.comRegistered Address
building 8100, cambridge research park, beach d, cambridge, CB25 9TL
Industry
Research and experimental development on biotechnology
Telephone
01223655580
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
undisclosed 100%
horizon discovery group limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON DISCOVERY GROUP LIMITED at £0 based on a Turnover of £0 and 1.19x industry multiple (adjusted for size and gross margin).
horizon discovery group limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON DISCOVERY GROUP LIMITED at £0 based on an EBITDA of £-718k and a 5.02x industry multiple (adjusted for size and gross margin).
horizon discovery group limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON DISCOVERY GROUP LIMITED at £512.2m based on Net Assets of £238.1m and 2.15x industry multiple (adjusted for liquidity).
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Horizon Discovery Group Limited Overview
Horizon Discovery Group Limited is a live company located in cambridge, CB25 9TL with a Companies House number of 08921143. It operates in the research and experimental development on biotechnology sector, SIC Code 72110. Founded in March 2014, it's largest shareholder is undisclosed with a 100% stake. Horizon Discovery Group Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Horizon Discovery Group Limited Health Check
Pomanda's financial health check has awarded Horizon Discovery Group Limited a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 2 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
2 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Horizon Discovery Group Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (44)
- Horizon Discovery Group Limited
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Horizon Discovery Group Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Horizon Discovery Group Limited
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Horizon Discovery Group Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (35 weeks)
- - Horizon Discovery Group Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2.1%, this is a lower level of debt than the average (50%)
- - Horizon Discovery Group Limited
- - Industry AVG
HORIZON DISCOVERY GROUP LIMITED financials
Horizon Discovery Group Limited's latest turnover from January 2023 is 0 and the company has net assets of £238.1 million. According to their latest financial statements, we estimate that Horizon Discovery Group Limited has 1 employee and maintains cash reserves of £9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 58,253,000 | 54,133,000 | 34,954,000 | 24,074,000 | 20,156,000 | 11,905,000 | 6,646,113 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 2,000 | 17,498,000 | 16,413,000 | 13,597,000 | 10,981,000 | 10,192,000 | 5,351,000 | 3,207,741 | ||
| Gross Profit | -2,000 | 40,755,000 | 37,720,000 | 21,357,000 | 13,093,000 | 9,964,000 | 6,554,000 | 3,438,372 | ||
| Admin Expenses | 12,030,000 | 51,459,000 | 44,421,000 | 36,583,000 | 25,456,000 | 20,252,000 | 12,664,000 | 6,367,436 | ||
| Operating Profit | -789,000 | -2,683,000 | -12,032,000 | -10,704,000 | -6,701,000 | -15,226,000 | -12,363,000 | -10,288,000 | -6,110,000 | -2,929,064 |
| Interest Payable | 0 | 0 | 0 | 866,000 | 7,000 | 441,000 | 144,000 | 326,000 | 9,000 | 125,950 |
| Interest Receivable | 0 | 2,053,000 | 0 | 0 | 0 | 0 | 51,000 | 0 | 0 | 0 |
| Pre-Tax Profit | 3,531,000 | 63,458,000 | -10,157,000 | -11,512,000 | -6,618,000 | -15,666,000 | -12,456,000 | -10,544,000 | -6,073,000 | -3,042,886 |
| Tax | 0 | 0 | 0 | 2,285,000 | 2,938,000 | 4,687,000 | 1,023,000 | 661,000 | 150,000 | 72,609 |
| Profit After Tax | 3,531,000 | 63,458,000 | -10,157,000 | -9,227,000 | -3,680,000 | -10,979,000 | -11,433,000 | -9,883,000 | -5,923,000 | -2,970,277 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 3,531,000 | 63,458,000 | -10,157,000 | -4,605,000 | -35,139,000 | -10,979,000 | -11,433,000 | -9,883,000 | -5,923,000 | -2,970,277 |
| Employee Costs | 0 | 0 | 518,000 | 33,476,000 | 29,680,000 | 20,680,000 | 15,832,000 | 13,742,000 | 7,859,000 | 4,117,239 |
| Number Of Employees | 3 | 3 | 432 | 388 | 288 | 251 | 214 | 119 | 71 | |
| EBITDA* | -718,000 | -2,612,000 | -11,961,000 | -3,136,000 | 999,000 | -9,525,000 | -8,368,000 | -6,580,000 | -3,991,000 | -2,009,537 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 686,000 | 16,189,000 | 68,832,000 | 19,919,000 | 15,073,000 | 15,351,000 | 14,696,000 | 7,961,000 | 7,015,000 | 3,568,945 |
| Intangible Assets | 0 | 757,000 | 828,000 | 92,342,000 | 97,394,000 | 126,573,000 | 52,114,000 | 44,397,000 | 32,914,000 | 561,910 |
| Investments & Other | 16,189,000 | 16,189,000 | 68,832,000 | 0 | 2,960,000 | 1,859,000 | 2,238,000 | 0 | 0 | 20 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 433,000 | 433,000 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 16,875,000 | 16,946,000 | 69,660,000 | 112,261,000 | 112,467,000 | 141,924,000 | 66,810,000 | 52,358,000 | 39,929,000 | 4,130,855 |
| Stock & work in progress | 0 | 0 | 0 | 2,166,000 | 2,541,000 | 2,573,000 | 1,955,000 | 1,793,000 | 1,308,000 | 453,024 |
| Trade Debtors | 0 | 218,606,000 | 0 | 14,958,000 | 16,040,000 | 14,394,000 | 10,178,000 | 7,007,000 | 3,896,000 | 1,396,166 |
| Group Debtors | 226,299,000 | 0 | 91,971,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,000 | 45,000 | 837,000 | 3,870,000 | 3,031,000 | 3,290,000 | 2,390,000 | 2,645,000 | 2,150,000 | 711,321 |
| Cash | 9,000 | 726,000 | 11,812,000 | 18,779,000 | 26,740,000 | 28,084,000 | 6,071,000 | 25,067,000 | 18,453,000 | 4,187,208 |
| misc current assets | 0 | 0 | 0 | 3,411,000 | 3,053,000 | 1,344,000 | 0 | 0 | 0 | 0 |
| total current assets | 226,315,000 | 219,377,000 | 104,620,000 | 43,184,000 | 51,405,000 | 49,685,000 | 20,594,000 | 36,512,000 | 25,807,000 | 6,747,719 |
| total assets | 243,190,000 | 236,323,000 | 174,280,000 | 155,445,000 | 163,872,000 | 191,609,000 | 87,404,000 | 88,870,000 | 65,736,000 | 10,878,574 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 290,000 | 253,000 | 3,150,000 | 9,533,000 | 11,149,000 | 8,139,000 | 5,385,000 | 3,887,000 | 4,121,000 | 1,378,206 |
| Group/Directors Accounts | 4,768,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 1,227,000 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 1,955,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 1,469,000 | 382,000 | 2,841,000 | 2,763,000 | 3,186,000 | 2,089,000 | 2,892,000 | 1,749,000 | 1,369,500 |
| total current liabilities | 5,058,000 | 1,722,000 | 3,532,000 | 14,329,000 | 13,912,000 | 11,325,000 | 8,701,000 | 6,779,000 | 5,870,000 | 2,747,706 |
| loans | 0 | 0 | 0 | 20,534,000 | 0 | 0 | 0 | 958,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 10,267,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 270,884 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 7,630,000 | 11,930,000 | 20,912,000 | 1,626,000 | 2,554,000 | 2,592,000 | 0 |
| total long term liabilities | 0 | 0 | 0 | 14,082,000 | 5,965,000 | 10,456,000 | 813,000 | 2,235,000 | 1,296,000 | 270,884 |
| total liabilities | 5,058,000 | 1,722,000 | 3,532,000 | 28,411,000 | 19,877,000 | 21,781,000 | 9,514,000 | 9,014,000 | 7,166,000 | 3,018,590 |
| net assets | 238,132,000 | 234,601,000 | 170,748,000 | 127,034,000 | 143,995,000 | 169,828,000 | 77,890,000 | 79,856,000 | 58,570,000 | 7,859,984 |
| total shareholders funds | 238,132,000 | 234,601,000 | 170,748,000 | 127,034,000 | 143,995,000 | 169,828,000 | 77,890,000 | 79,856,000 | 58,570,000 | 7,859,984 |
| Jan 2023 | Jan 2022 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -789,000 | -2,683,000 | -12,032,000 | -10,704,000 | -6,701,000 | -15,226,000 | -12,363,000 | -10,288,000 | -6,110,000 | -2,929,064 |
| Depreciation | 0 | 0 | 0 | 2,673,000 | 2,352,000 | 2,707,000 | 2,317,000 | 1,972,000 | 1,210,000 | 774,392 |
| Amortisation | 71,000 | 71,000 | 71,000 | 4,895,000 | 5,348,000 | 2,994,000 | 1,678,000 | 1,736,000 | 909,000 | 145,135 |
| Tax | 0 | 0 | 0 | 2,285,000 | 2,938,000 | 4,687,000 | 1,023,000 | 661,000 | 150,000 | 72,609 |
| Stock | 0 | 0 | -2,166,000 | -375,000 | -32,000 | 618,000 | 162,000 | 485,000 | 854,976 | 453,024 |
| Debtors | 7,655,000 | 218,651,000 | 73,547,000 | -243,000 | 1,820,000 | 5,116,000 | 2,916,000 | 3,606,000 | 3,938,513 | 2,107,487 |
| Creditors | 37,000 | 253,000 | -6,383,000 | -1,616,000 | 3,010,000 | 2,754,000 | 1,498,000 | -234,000 | 2,742,794 | 1,378,206 |
| Accruals and Deferred Income | -1,469,000 | 1,469,000 | -2,459,000 | 78,000 | -423,000 | 1,097,000 | -803,000 | 1,143,000 | 108,616 | 1,640,384 |
| Deferred Taxes & Provisions | 0 | 0 | -7,630,000 | -4,300,000 | -8,982,000 | 19,286,000 | -928,000 | -38,000 | 2,592,000 | 0 |
| Cash flow from operations | -9,805,000 | -219,541,000 | -99,814,000 | -6,071,000 | -4,246,000 | 12,565,000 | -10,656,000 | -9,139,000 | -3,191,079 | -1,478,849 |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 16,189,000 | 68,832,000 | -2,960,000 | 1,101,000 | -379,000 | 2,238,000 | 0 | -20 | 20 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 4,768,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | -1,227,000 | 1,227,000 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | -20,534,000 | 20,534,000 | 0 | 0 | -958,000 | 958,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | -12,222,000 | 12,222,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 2,053,000 | 0 | -866,000 | -7,000 | -441,000 | -93,000 | -326,000 | -9,000 | -125,950 |
| cash flow from financing | 4,768,000 | 173,196,000 | 21,115,000 | 19,534,000 | 9,299,000 | 101,249,000 | 9,643,000 | 31,801,000 | 56,624,016 | 10,704,311 |
| cash and cash equivalents | ||||||||||
| cash | -717,000 | 726,000 | -6,967,000 | -7,961,000 | -1,344,000 | 22,013,000 | -18,996,000 | 6,614,000 | 14,265,792 | 4,187,208 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -717,000 | 726,000 | -6,967,000 | -7,961,000 | -1,344,000 | 22,013,000 | -18,996,000 | 6,614,000 | 14,265,792 | 4,187,208 |
horizon discovery group limited Credit Report and Business Information
Horizon Discovery Group Limited Competitor Analysis
Perform a competitor analysis for horizon discovery group limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
horizon discovery group limited Ownership
HORIZON DISCOVERY GROUP LIMITED group structure
Horizon Discovery Group Limited has 1 subsidiary company.
Ultimate parent company
HORIZON DISCOVERY GROUP LIMITED
08921143
1 subsidiary
horizon discovery group limited directors
Horizon Discovery Group Limited currently has 3 directors. The longest serving directors include Mr Alan Fletcher (Dec 2020) and Mr Bryan Kipp (Jun 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Alan Fletcher | United States | 59 years | Dec 2020 | - | Director |
| Mr Bryan Kipp | England | 35 years | Jun 2021 | - | Director |
| Mr Christopher Lowe | United Kingdom | 48 years | Feb 2022 | - | Director |
P&L
January 2023turnover
0
0%
operating profit
-789k
-71%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
238.1m
+0.02%
total assets
243.2m
+0.03%
cash
9k
-0.99%
net assets
Total assets minus all liabilities
horizon discovery group limited company details
company number
08921143
Type
Private limited with Share Capital
industry
72110 - Research and experimental development on biotechnology
incorporation date
March 2014
age
10
accounts
Full Accounts
ultimate parent company
previous names
horizon discovery group limited (March 2014)
incorporated
UK
address
building 8100, cambridge research park, beach d, cambridge, CB25 9TL
last accounts submitted
January 2023
horizon discovery group 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 discovery group limited.
horizon discovery group limited Companies House Filings - See Documents
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