horizon legal limited
horizon legal limited Company Information
Company Number
13068477
Next Accounts
Sep 2025
Shareholders
peter james legge
ann marie bell
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
5 gelliwasted road, gelliwastad road, pontypridd, CF37 2BP
Website
horizon-lac.co.ukhorizon legal limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON LEGAL LIMITED at £5.4m based on a Turnover of £7.4m and 0.73x industry multiple (adjusted for size and gross margin).
horizon legal limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON LEGAL LIMITED at £5.5m based on an EBITDA of £1.1m and a 4.81x industry multiple (adjusted for size and gross margin).
horizon legal limited Estimated Valuation
Pomanda estimates the enterprise value of HORIZON LEGAL LIMITED at £7.1m based on Net Assets of £3.6m and 1.96x industry multiple (adjusted for liquidity).
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Horizon Legal Limited Overview
Horizon Legal Limited is a live company located in pontypridd, CF37 2BP with a Companies House number of 13068477. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in December 2020, it's largest shareholder is peter james legge with a 50% stake. Horizon Legal Limited is a young, mid sized company, Pomanda has estimated its turnover at £7.4m with unknown growth in recent years.
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Horizon Legal Limited Health Check
Pomanda's financial health check has awarded Horizon Legal Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £7.4m, make it larger than the average company (£1.2m)
£7.4m - Horizon Legal Limited
£1.2m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Horizon Legal Limited
- - Industry AVG
Production
with a gross margin of 34.6%, this company has a comparable cost of product (42%)
34.6% - Horizon Legal Limited
42% - Industry AVG
Profitability
an operating margin of 15.6% make it more profitable than the average company (6.4%)
15.6% - Horizon Legal Limited
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (15)
2 - Horizon Legal Limited
15 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Horizon Legal Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £3.7m, this is more efficient (£104.2k)
£3.7m - Horizon Legal Limited
£104.2k - Industry AVG
Debtor Days
it gets paid by customers after 1130 days, this is later than average (31 days)
1130 days - Horizon Legal Limited
31 days - Industry AVG
Creditor Days
its suppliers are paid after 21 days, this is quicker than average (41 days)
21 days - Horizon Legal Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Horizon Legal Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (38 weeks)
6 weeks - Horizon Legal Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86%, this is a higher level of debt than the average (48.1%)
86% - Horizon Legal Limited
48.1% - Industry AVG
HORIZON LEGAL LIMITED financials
Horizon Legal Limited's latest turnover from December 2023 is £7.4 million and the company has net assets of £3.6 million. According to their latest financial statements, Horizon Legal Limited has 2 employees and maintains cash reserves of £2.7 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | 7,372,623 | 7,199,228 | |
| Other Income Or Grants | |||
| Cost Of Sales | 4,823,847 | 2,364,025 | |
| Gross Profit | 2,548,776 | 4,835,203 | |
| Admin Expenses | 1,399,517 | 1,431,532 | |
| Operating Profit | 1,149,259 | 3,403,671 | |
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | 1,149,259 | 3,403,671 | |
| Tax | -257,182 | -581,270 | |
| Profit After Tax | 892,077 | 2,822,401 | |
| Dividends Paid | |||
| Retained Profit | 892,077 | 2,822,401 | |
| Employee Costs | |||
| Number Of Employees | 2 | 2 | |
| EBITDA* | 1,149,259 | 3,403,671 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | 22,835,989 | 29,740,543 | 4,626,831 |
| Group Debtors | |||
| Misc Debtors | 232,851 | 85,000 | |
| Cash | 2,682,696 | 1,475,804 | 840,508 |
| misc current assets | |||
| total current assets | 25,751,536 | 31,301,347 | 5,467,339 |
| total assets | 25,751,536 | 31,301,347 | 5,467,339 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 289,450 | 486,037 | |
| Group/Directors Accounts | 4,107,242 | 3,081,535 | |
| other short term finances | 16,568,768 | 19,655,069 | |
| hp & lease commitments | |||
| other current liabilities | 1,175,521 | 4,960,908 | 5,576,069 |
| total current liabilities | 22,140,981 | 28,183,549 | 5,576,069 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 22,140,981 | 28,183,549 | 5,576,069 |
| net assets | 3,610,555 | 3,117,798 | -108,730 |
| total shareholders funds | 3,610,555 | 3,117,798 | -108,730 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | 1,149,259 | 3,403,671 | |
| Depreciation | |||
| Amortisation | |||
| Tax | -257,182 | -581,270 | |
| Stock | |||
| Debtors | -6,756,703 | 25,198,712 | 4,626,831 |
| Creditors | -196,587 | 486,037 | |
| Accruals and Deferred Income | -3,785,387 | -615,161 | 5,576,069 |
| Deferred Taxes & Provisions | |||
| Cash flow from operations | 3,666,806 | -22,505,435 | |
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | 1,025,707 | 3,081,535 | |
| Other Short Term Loans | -3,086,301 | 19,655,069 | |
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | -2,459,914 | 23,140,731 | |
| cash and cash equivalents | |||
| cash | 1,206,892 | 635,296 | 840,508 |
| overdraft | |||
| change in cash | 1,206,892 | 635,296 | 840,508 |
horizon legal limited Credit Report and Business Information
Horizon Legal Limited Competitor Analysis
Perform a competitor analysis for horizon legal limited by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in CF37 area or any other competitors across 12 key performance metrics.
horizon legal limited Ownership
HORIZON LEGAL LIMITED group structure
Horizon Legal Limited has no subsidiary companies.
Ultimate parent company
HORIZON LEGAL LIMITED
13068477
horizon legal limited directors
Horizon Legal Limited currently has 2 directors. The longest serving directors include Mr Peter Legge (Dec 2020) and Mrs Ann Bell (Dec 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Legge | Wales | 50 years | Dec 2020 | - | Director |
| Mrs Ann Bell | Wales | 52 years | Dec 2020 | - | Director |
P&L
December 2023turnover
7.4m
+2%
operating profit
1.1m
-66%
gross margin
34.6%
-48.53%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3.6m
+0.16%
total assets
25.8m
-0.18%
cash
2.7m
+0.82%
net assets
Total assets minus all liabilities
Similar Companies
horizon legal limited company details
company number
13068477
Type
Private limited with Share Capital
industry
96090 - Other personal service activities n.e.c.
incorporation date
December 2020
age
5
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
GRANT THORNTON UK LLP
address
5 gelliwasted road, gelliwastad road, pontypridd, CF37 2BP
Bank
-
Legal Advisor
-
horizon legal 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 1 charges/mortgages relating to horizon legal limited. Currently there are 1 open charges and 0 have been satisfied in the past.
horizon legal 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.
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horizon legal limited Companies House Filings - See Documents
| date | description | view/download |
|---|
