Horsescout Limited

Horsescout Legal, based in Milton Keynes, UK, is a small holding company with an active status, established twelve years ago in 2012. The company, with three employees and £14,557 in assets, operates from a virtual address – a detail flagged by the fact ninety-three other companies share the same location. It’s led by one director and one owner, though the owner list is likely incomplete as it only reflects those holding over twenty-five percent of shares.

The company's website reveals a more detailed picture. Horsescout Legal isn’t a retail operation; it’s a legal practice specializing in equestrian law. The firm provides services ranging from personal injury claims and divorce proceedings to sales and purchase disputes and equine sports law. It seems to have an international presence, with offices and holdings in Switzerland, Ireland, and the US, all linked to Horsescout Holdings. The website also mentions a WordPress theme, Spacious, which suggests a relatively modern, digital-first approach.

Financially, Horsescout Legal presents a mixed bag. While the company is small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), the numbers indicate some potential challenges. Cash bank on hand has virtually disappeared, falling by an astonishing 100% to just £7. Net assets have declined by 1.9% to -£990,000, and bank borrowings have increased by 1.9% to £9,800. While creditors have decreased slightly, the significant drop in cash and the negative equity raise concerns. The company’s trade debtors have increased by a substantial 36%, which could be a sign of delayed payments or a change in credit terms. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited. It’s worth noting that the company's equity is negative, which is not uncommon for smaller businesses, but it does highlight a need for careful financial management.

Registered in England/Wales under the registration number 08219528, with a registered address at MK12 5NN, England, Milton Keynes, 2 Manor Farm Court Old Wolverton Road, Old Wolverton.

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