2020 horizons ltd
2020 horizons ltd Company Information
Group Structure
View All
Industry
Production of electricity
Registered Address
the old rectory south, church road, strensham, worcestershire, WR8 9LW
Website
-2020 horizons ltd Estimated Valuation
Pomanda estimates the enterprise value of 2020 HORIZONS LTD at £151.2k based on a Turnover of £103.8k and 1.46x industry multiple (adjusted for size and gross margin).
2020 horizons ltd Estimated Valuation
Pomanda estimates the enterprise value of 2020 HORIZONS LTD at £35.7k based on an EBITDA of £8.6k and a 4.14x industry multiple (adjusted for size and gross margin).
2020 horizons ltd Estimated Valuation
Pomanda estimates the enterprise value of 2020 HORIZONS LTD at £25.5k based on Net Assets of £9.7k and 2.63x industry multiple (adjusted for liquidity).
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2020 Horizons Ltd Overview
2020 Horizons Ltd is a live company located in strensham, WR8 9LW with a Companies House number of 10583180. It operates in the production of electricity sector, SIC Code 35110. Founded in January 2017, it's largest shareholder is peter read with a 100% stake. 2020 Horizons Ltd is a young, micro sized company, Pomanda has estimated its turnover at £103.8k with rapid growth in recent years.
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2020 Horizons Ltd Health Check
Pomanda's financial health check has awarded 2020 Horizons Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
6 Weak
Size
annual sales of £103.8k, make it smaller than the average company (£1.7m)
- 2020 Horizons Ltd
£1.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 33%, show it is growing at a faster rate (11.7%)
- 2020 Horizons Ltd
11.7% - Industry AVG
Production
with a gross margin of 48.4%, this company has a higher cost of product (68.3%)
- 2020 Horizons Ltd
68.3% - Industry AVG
Profitability
an operating margin of 8.3% make it less profitable than the average company (50%)
- 2020 Horizons Ltd
50% - Industry AVG
Employees
with 1 employees, this is below the industry average (2)
- 2020 Horizons Ltd
2 - Industry AVG
Pay Structure
on an average salary of £78.5k, the company has an equivalent pay structure (£78.5k)
- 2020 Horizons Ltd
£78.5k - Industry AVG
Efficiency
resulting in sales per employee of £103.8k, this is less efficient (£429.9k)
- 2020 Horizons Ltd
£429.9k - Industry AVG
Debtor Days
it gets paid by customers after 54 days, this is later than average (16 days)
- 2020 Horizons Ltd
16 days - Industry AVG
Creditor Days
its suppliers are paid after 50 days, this is slower than average (19 days)
- 2020 Horizons Ltd
19 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- 2020 Horizons Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - 2020 Horizons Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 43.1%, this is a lower level of debt than the average (87.4%)
43.1% - 2020 Horizons Ltd
87.4% - Industry AVG
2020 HORIZONS LTD financials
2020 Horizons Ltd's latest turnover from January 2024 is estimated at £103.8 thousand and the company has net assets of £9.7 thousand. According to their latest financial statements, we estimate that 2020 Horizons Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| 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 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,637 | 1,819 | |||||
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 1,637 | 1,819 | |||||
| Stock & work in progress | |||||||
| Trade Debtors | 15,404 | 6,483 | 3,910 | 6,847 | 6,028 | 2,054 | 21,560 |
| Group Debtors | |||||||
| Misc Debtors | |||||||
| Cash | |||||||
| misc current assets | |||||||
| total current assets | 15,404 | 6,483 | 3,910 | 6,847 | 6,028 | 2,054 | 21,560 |
| total assets | 17,041 | 8,302 | 3,910 | 6,847 | 6,028 | 2,054 | 21,560 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 7,348 | 5,089 | 4,784 | 5,730 | 6,682 | 6,803 | 20,128 |
| Group/Directors Accounts | |||||||
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | |||||||
| total current liabilities | 7,348 | 5,089 | 4,784 | 5,730 | 6,682 | 6,803 | 20,128 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 7,348 | 5,089 | 4,784 | 5,730 | 6,682 | 6,803 | 20,128 |
| net assets | 9,693 | 3,213 | -874 | 1,117 | -654 | -4,749 | 1,432 |
| total shareholders funds | 9,693 | 3,213 | -874 | 1,117 | -654 | -4,749 | 1,432 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | |||||||
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 8,921 | 2,573 | -2,937 | 819 | 3,974 | -19,506 | 21,560 |
| Creditors | 2,259 | 305 | -946 | -952 | -121 | -13,325 | 20,128 |
| Accruals and Deferred Income | |||||||
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | |||||||
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | |||||||
| overdraft | |||||||
| change in cash |
2020 horizons ltd Credit Report and Business Information
2020 Horizons Ltd Competitor Analysis
Perform a competitor analysis for 2020 horizons ltd by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other micro companies, companies in WR8 area or any other competitors across 12 key performance metrics.
2020 horizons ltd Ownership
2020 HORIZONS LTD group structure
2020 Horizons Ltd has no subsidiary companies.
Ultimate parent company
2020 HORIZONS LTD
10583180
2020 horizons ltd directors
2020 Horizons Ltd currently has 2 directors. The longest serving directors include Mr Peter Read (Jan 2017) and Mrs Rosemary Read (Jun 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Read | United Kingdom | 65 years | Jan 2017 | - | Director |
| Mrs Rosemary Read | United Kingdom | 66 years | Jun 2019 | - | Director |
P&L
January 2024turnover
103.8k
+122%
operating profit
8.6k
0%
gross margin
48.4%
+2.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
9.7k
+2.02%
total assets
17k
+1.05%
cash
0
0%
net assets
Total assets minus all liabilities
2020 horizons ltd company details
company number
10583180
Type
Private limited with Share Capital
industry
35110 - Production of electricity
incorporation date
January 2017
age
8
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
N/A
accountant
-
auditor
-
address
the old rectory south, church road, strensham, worcestershire, WR8 9LW
Bank
-
Legal Advisor
-
2020 horizons ltd 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 2020 horizons ltd.
2020 horizons ltd 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 2020 HORIZONS LTD. This can take several minutes, an email will notify you when this has completed.
2020 horizons ltd Companies House Filings - See Documents
| date | description | view/download |
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