Company Number: 14760542

Analysis Date: 2025-07-19 12:05 UTC

1. Risk Rating: LOW
   HORIZON POWER LTD is currently a dormant private limited company with no trading activity reported since incorporation. The company shows minimal financial activity and no overdue filings, indicating compliance and low immediate operational or financial risk.

2. Key Concerns:

• Dormant Status: The company has filed dormant accounts consistently, indicating no trading or revenue generation, raising questions about future operational plans or cash flow.
• Minimal Capitalization: Net assets and shareholders' funds stand at £1, reflecting nominal capitalization without any substantive asset base or financial buffer.
• Single Person Control: Mr. Robert Richardson holds full control over shares and voting rights, concentrating decision-making and risks without apparent oversight or additional directors.

3. Positive Indicators:

• Compliance with Filings: All statutory accounts and confirmation statements are up to date with no overdue filings or penalties.
• Clear Governance Records: Director and secretary roles are clearly defined and held by the same individual, simplifying accountability.
• No Insolvency or Liquidation Flags: The company is active and not subject to any insolvency procedures or director disqualifications.

4. Due Diligence Notes:

• Investigate the company's business plan or intended commercial activities since incorporation to understand the expected operational timeline and capital requirements.
• Confirm the source of funding or financial backing planned for future trading, given current dormant status and minimal equity.
• Review the background and experience of Mr. Robert Richardson to assess capacity for managing and growing the company.