Horizon Utility Supplies Limited

Horizon Utility Supplies Ltd, based in Taunton, UK, is a small holding company with an active status, celebrating 25 years since its founding in 2000. Employing 13 people and operating from a virtual address (registered at a location shared by 585 other companies), the company is led by four directors and owned by Horizon Eot Trustees Ltd. It's a regular importer and exporter of electrical machinery and equipment, with 348 months of import activity and 68 months of export activity recorded, the latest in February 2025.

The company's website reveals a focus on supplying tools and equipment to the electricity supply and rail industries. It’s not a typical e-commerce site; instead, it functions as a catalog and information hub, showcasing a wide range of products—from cable crimping tools to working-at-height safety gear—and highlighting its innovation in product design. The site emphasizes strong relationships with suppliers and a knowledgeable sales force, offering a comprehensive range of products for overhead linesmen, underground jointers, and other specialists. It even partners with Safeguard Equipment to enhance worker safety, showcasing a commitment to industry standards.

Financially, Horizon Utility Supplies Ltd presents a mixed picture. Cash reserves increased significantly by 52% to £910,000, while trade debtors rose by 30% to £860,000—suggesting increased sales on credit. However, net assets declined by 20% to -£3.6 million, and creditors surged by 60% to £770,000, which could indicate increased borrowing or payment delays. Depreciation on property, plant, and equipment increased slightly, but overall, the company's assets remain stable. The company meets the criteria for a small company, with turnover under £10.2 million and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's continued growth in import and export activity, coupled with the increase in cash reserves, suggests a resilient business. However, the declining equity and rising debt warrant closer monitoring, and it's possible the company is reinvesting heavily in its operations to maintain its position in the competitive electrical machinery and equipment market.

Registered in England/Wales under the registration number 03975273, with a registered address at TA1 2PX, United Kingdom, Taunton, Somerset, Goodwood House, Blackbrook Park Avenue.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.