Horizon World Cargo Ltd

Horizon World Cargo Ltd, based in Harrow, UK, is a small, active company founded twelve years ago in 2013. It employs just three people and holds £70,011 in assets, operating from a real address in Sinckot House. The company is directed and owned by Mohamed Abdirashid. It’s a bit of an irregular importer, primarily dealing with optical and medical tools and devices—just one month of import activity was recorded as of March 2022—and has not exported anything for over seven years.

The company’s website is non-existent, which is not unusual for smaller cargo handling businesses. It operates in the cargo handling for air transport activities industries.

Financially, Horizon World Cargo Ltd’s recent performance shows some concerning trends. Cash bank on hand has fallen by over half, dropping to £47,000. Creditors have plummeted by a staggering 79%, decreasing to £35,000, and trade debtors have also seen a significant drop, falling 75% to £23,000. Despite these declines, retained earnings have increased by 27%, reaching £53,000. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decrease in current assets to £70,000 suggests a potential squeeze on working capital. It's worth noting that the company’s property, plant, and equipment has also increased by 10%, reaching £17,000, which could indicate investments in its operations. No auditor is mentioned, which is typical for small companies exempt from an audit. The accounts are unaudited and prepared under FRS 102.

Registered in England/Wales under the registration number 08378244, with a registered address at HA1 2TP, United Kingdom, Harrow, Sinckot House, 211 Station Road.

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