horatio holdings limited
horatio holdings limited Company Information
Company Number
09618719
Website
http://collingwood.co.ukRegistered Address
collingwood house redburn court, earl grey way, north shields, tyne and wear, NE29 6AR
Industry
Other activities auxiliary to insurance and pension funding
Telephone
03454700014
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
steerboard holdings limited 100%
horatio holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HORATIO HOLDINGS LIMITED at £0 based on a Turnover of £0 and 0.9x industry multiple (adjusted for size and gross margin).
horatio holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HORATIO HOLDINGS LIMITED at £18.1m based on an EBITDA of £3.9m and a 4.68x industry multiple (adjusted for size and gross margin).
horatio holdings limited Estimated Valuation
Pomanda estimates the enterprise value of HORATIO HOLDINGS LIMITED at £20.4m based on Net Assets of £7.6m and 2.7x industry multiple (adjusted for liquidity).
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Horatio Holdings Limited Overview
Horatio Holdings Limited is a live company located in north shields, NE29 6AR with a Companies House number of 09618719. It operates in the other activities auxiliary to insurance and pension funding sector, SIC Code 66290. Founded in June 2015, it's largest shareholder is steerboard holdings limited with a 100% stake. Horatio Holdings Limited is a young, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Horatio Holdings Limited Health Check
Pomanda's financial health check has awarded Horatio Holdings Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 3 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
3 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Horatio Holdings Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - Horatio Holdings Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - Horatio Holdings Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (29)
- Horatio Holdings Limited
- - Industry AVG
Pay Structure
on an average salary of £50.1k, the company has an equivalent pay structure (£50.1k)
- Horatio Holdings Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Horatio Holdings Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Horatio Holdings Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (23 weeks)
- - Horatio Holdings Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.2%, this is a higher level of debt than the average (69.4%)
- - Horatio Holdings Limited
- - Industry AVG
HORATIO HOLDINGS LIMITED financials
Horatio Holdings Limited's latest turnover from March 2023 is 0 and the company has net assets of £7.6 million. According to their latest financial statements, we estimate that Horatio Holdings Limited has 1 employee and maintains cash reserves of £342 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 16,673,364 | 15,389,985 | 13,485,135 | 6,146,579 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||
| Cost Of Sales | 4,415,688 | 3,848,923 | 3,607,755 | 1,704,993 | ||||
| Gross Profit | 12,257,676 | 11,541,062 | 9,877,380 | 4,441,586 | ||||
| Admin Expenses | 10,051,696 | 8,913,444 | 8,647,783 | 4,499,803 | ||||
| Operating Profit | 2,205,980 | 2,627,618 | 1,229,597 | -58,217 | ||||
| Interest Payable | 2,415,808 | 2,467,288 | 2,056,454 | 1,967,424 | 1,098,424 | 1,478,756 | 1,828,515 | 938,563 |
| Interest Receivable | 4,000,000 | 0 | 7,500,000 | 0 | 9,985 | 3,616 | 6,868 | 142 |
| Pre-Tax Profit | 1,404,630 | -2,637,377 | 5,275,566 | -2,177,285 | 1,117,541 | 1,152,478 | -592,250 | -996,638 |
| Tax | 0 | -5,153 | 5,153 | 0 | -182,836 | 146,149 | 438,737 | 445,890 |
| Profit After Tax | 1,404,630 | -2,642,530 | 5,280,719 | -2,177,285 | 934,705 | 1,298,627 | -153,513 | -550,748 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 1,404,630 | -2,642,530 | 5,280,719 | -2,177,285 | 934,705 | 1,298,627 | -153,513 | -550,748 |
| Employee Costs | 7,054,771 | 5,790,369 | 5,271,312 | 2,664,844 | ||||
| Number Of Employees | 210 | 181 | 175 | 149 | ||||
| EBITDA* | 7,141,675 | 7,586,254 | 6,168,050 | 2,393,329 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 1,279,938 | 1,337,728 | 1,048,882 | 1,151,141 |
| Intangible Assets | 0 | 0 | 0 | 0 | 12,148,218 | 17,009,423 | 21,870,628 | 26,675,592 |
| Investments & Other | 24,615,747 | 24,615,747 | 24,615,747 | 24,615,747 | 0 | 80 | 80 | 80 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,615,747 | 24,615,747 | 24,615,747 | 24,615,747 | 13,428,156 | 18,347,231 | 22,919,590 | 27,826,813 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 978 | 0 | 1,500 | 1,500 |
| Group Debtors | 15,658,989 | 15,658,989 | 15,659,347 | 15,659,347 | 0 | 0 | 0 | 13,727,001 |
| Misc Debtors | 0 | 0 | 5,153 | 0 | 2,015,809 | 1,341,431 | 1,059,195 | 886,588 |
| Cash | 342 | 342 | 222 | 342 | 3,078,645 | 3,002,541 | 2,960,484 | 1,732,237 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 15,659,331 | 15,659,331 | 15,664,722 | 15,659,689 | 5,095,432 | 4,343,972 | 4,021,179 | 16,347,326 |
| total assets | 40,275,078 | 40,275,078 | 40,280,469 | 40,275,436 | 18,523,588 | 22,691,203 | 26,940,769 | 44,174,139 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 290,045 | 103,320 | 230,555 | 195,356 |
| Group/Directors Accounts | 11,692,700 | 11,293,582 | 6,243,636 | 9,960,517 | 0 | 0 | 0 | 12,667,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,285,935 | 1,048,276 | 928,407 | 748,419 | 1,928,476 | 1,655,746 | 1,363,258 | 1,616,020 |
| total current liabilities | 12,978,635 | 12,341,858 | 7,172,043 | 10,708,936 | 2,218,521 | 1,759,066 | 1,593,813 | 14,478,376 |
| loans | 19,727,686 | 21,769,093 | 24,301,769 | 26,040,562 | 12,160,000 | 16,960,000 | 21,860,000 | 24,960,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 1,899,850 | 2,661,625 | 3,824,216 | 4,919,510 |
| total long term liabilities | 19,727,686 | 21,769,093 | 24,301,769 | 26,040,562 | 14,059,850 | 19,621,625 | 25,684,216 | 29,879,510 |
| total liabilities | 32,706,321 | 34,110,951 | 31,473,812 | 36,749,498 | 16,278,371 | 21,380,691 | 27,278,029 | 44,357,886 |
| net assets | 7,568,757 | 6,164,127 | 8,806,657 | 3,525,938 | 2,245,217 | 1,310,512 | -337,260 | -183,747 |
| total shareholders funds | 7,568,757 | 6,164,127 | 8,806,657 | 3,525,938 | 2,245,217 | 1,310,512 | -337,260 | -183,747 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | 2,205,980 | 2,627,618 | 1,229,597 | -58,217 | ||||
| Depreciation | 0 | 0 | 0 | 0 | 74,490 | 97,431 | 133,489 | 77,621 |
| Amortisation | 0 | 0 | 0 | 0 | 4,861,205 | 4,861,205 | 4,804,964 | 2,373,925 |
| Tax | 0 | -5,153 | 5,153 | 0 | -182,836 | 146,149 | 438,737 | 445,890 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | -5,511 | 5,153 | 13,642,560 | 675,356 | 280,736 | -13,554,394 | 14,615,089 |
| Creditors | 0 | 0 | 0 | -290,045 | 186,725 | -127,235 | 35,199 | 195,356 |
| Accruals and Deferred Income | 237,659 | 119,869 | 179,988 | -1,180,057 | 272,730 | 292,488 | -252,762 | 1,616,020 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | -1,899,850 | -761,775 | -1,162,591 | -1,095,294 | 4,919,510 |
| Cash flow from operations | 5,981,163 | 6,454,329 | 18,848,324 | -5,044,984 | ||||
| Investing Activities | ||||||||
| capital expenditure | -16,620 | -63,896 | -31,230 | -13,349,680 | ||||
| Change in Investments | 0 | 0 | 0 | 24,615,747 | -80 | 0 | 0 | 80 |
| cash flow from investments | -16,540 | -63,896 | -31,230 | -13,349,760 | ||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 399,118 | 5,049,946 | -3,716,881 | 9,960,517 | 0 | 0 | -12,667,000 | 12,667,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -2,041,407 | -2,532,676 | -1,738,793 | 13,880,562 | -4,800,000 | -4,900,000 | -3,100,000 | 24,960,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 1,584,192 | -2,467,288 | 5,443,546 | -1,967,424 | -1,088,439 | -1,475,140 | -1,821,647 | -938,421 |
| cash flow from financing | -58,097 | 49,982 | -12,128 | 25,331,661 | -5,888,439 | -6,025,995 | -17,588,647 | 37,055,580 |
| cash and cash equivalents | ||||||||
| cash | 0 | 120 | -120 | -3,078,303 | 76,104 | 42,057 | 1,228,247 | 1,732,237 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 120 | -120 | -3,078,303 | 76,104 | 42,057 | 1,228,247 | 1,732,237 |
horatio holdings limited Credit Report and Business Information
Horatio Holdings Limited Competitor Analysis
Perform a competitor analysis for horatio holdings limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other young companies, companies in NE29 area or any other competitors across 12 key performance metrics.
horatio holdings limited Ownership
HORATIO HOLDINGS LIMITED group structure
Horatio Holdings Limited has 1 subsidiary company.
Ultimate parent company
JZI FUND III LP
#0102177
2 parents
HORATIO HOLDINGS LIMITED
09618719
1 subsidiary
horatio holdings limited directors
Horatio Holdings Limited currently has 3 directors. The longest serving directors include Mr Martin Wright (Jun 2015) and Mr Hamish Mair (Oct 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Wright | Gibraltar | 56 years | Jun 2015 | - | Director |
| Mr Hamish Mair | 58 years | Oct 2015 | - | Director | |
| Mr Guido Gasparini | United Kingdom | 33 years | Mar 2022 | - | Director |
P&L
March 2023turnover
0
0%
operating profit
3.9m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
7.6m
+0.23%
total assets
40.3m
0%
cash
342
0%
net assets
Total assets minus all liabilities
horatio holdings limited company details
company number
09618719
Type
Private limited with Share Capital
industry
66290 - Other activities auxiliary to insurance and pension funding
incorporation date
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
RSM UK AUDIT LLP
address
collingwood house redburn court, earl grey way, north shields, tyne and wear, NE29 6AR
Bank
-
Legal Advisor
-
horatio holdings 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 horatio holdings limited. Currently there are 3 open charges and 0 have been satisfied in the past.
horatio holdings limited Companies House Filings - See Documents
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