HORIZON DISCOVERY LIMITED

8100 CAMBRIDGE RESEARCH PARK, WATERBEACH, CAMBRIDGE, CB25 9TL

Company Number: 05363294
Incorporation date: 14-Feb-2005
Status: Active
Entity type: Private Limited Company

SIC codes:
72110 Research and experimental development on biotechnology





SUMMARY

This company is 19.2 years old and is currently active. It is controlled by Horizon Discovery Group Limited. The company has negative equity (net assets) of GBP -18.9 million but has improved from GBP -21.5 million in the previous year. The latest reported revenue figure is GBP 36.4 million which is up 10% on previous year's figure of GBP 33.4 million. The company has 2 active officers (directors or partners) who are or were officers of 5 other companies. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 30-Sep-2024
Accounts Filed: FULL (01-Jan-2023)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
31-Dec-2019 GBP 36,442,000 1,938,000 382,000 1,550,000 3,112,000
31-Dec-2018 GBP 33,420,000 -8,968,000 1,379,000 -7,587,000
31-Dec-2017 GBP 20,907,000 -7,844,000 585,000 -7,258,000


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
31-Dec-2019 GBP 14,129,000 36,332,000 69,581,000 2,082,000 12,087,000 -18,948,000
31-Dec-2018 GBP 8,535,000 31,582,000 2,082,000 12,087,000 -21,519,000
31-Dec-2017 GBP 1,395,000 22,633,000 2,082,000 12,087,000 -28,824,000 -12,901,000

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
Resigned Richard VELLACOTT 22 Jan 2014 26 Feb 2019 0 - 1
Resigned Christopher John, Dr TORRANCE 05 Dec 2007 20 May 2013 British 0 - 1
Resigned Adam John, Dr COLLIER 14 Feb 2005 10 Oct 2007 Doctor Of Medicine British 0 - 2

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Christopher Eric LOWE 28 Feb 2022 R&D Director British 6 - 01 (16.7%)
Active Bryan Andrew KIPP 30 Jun 2021 Vp/Gm Life Sciences Integration American 5 - 00 (0.0%)
Resigned Paul Robert, Dr BROOKS 31 Mar 2021 28 Feb 2022 Head Of Business Operations British 1 - 50 (0.0%)
Resigned Terence William PIZZIE 26 Feb 2019 30 Jun 2021 Company Director British 0 - 147 (50.0%)
Resigned Jayesh PANKHANIA 26 Feb 2019 31 Mar 2021 Director British 0 - 60 (0.0%)
Resigned Vishal Kumar, Dr GULATI 18 Dec 2013 19 Mar 2014 Venture Capitalist British 0 - 64 (66.7%)
Resigned Ian David, Dr GILHAM 01 Aug 2013 26 Feb 2020 Company Director British 4 - 83 (25.0%)
Resigned Richard John VELLACOTT 22 Feb 2013 26 Feb 2019 Chief Financial Officer British 0 - 61 (16.7%)
Resigned Hugo HARROD 12 Apr 2012 19 Mar 2014 Venture Capital British 0 - 10 (0.0%)
Resigned Simon Christopher COOK 01 Dec 2011 20 May 2013 Venture Capitalist British 0 - 213 (14.3%)
Resigned Peter Stephen KEEN 15 Sep 2011 18 Dec 2013 Chartered Accountant British 0 - 10 (0.0%)
Resigned Dan COWELL 15 Sep 2011 20 May 2013 Operations Manager British 0 - 10 (0.0%)
Resigned Martin Patrick, Dr MURPHY 15 Sep 2011 12 Apr 2012 Partner British 0 - 184 (22.2%)
Resigned Jonathan Simon, Dr MILNER 16 Feb 2011 19 Mar 2014 Director British 5 - 234 (14.3%)
Resigned Nigel Aaron, Dr PITCHFORD 23 Sep 2010 01 Dec 2011 Venture Capitalist British 0 - 30 (0.0%)
Resigned David Eric EVANS 08 Jul 2010 22 Sep 2013 Director United Kingdom 0 - 4215 (35.7%)
Resigned Geraldine Anne, Dr RODGERS 26 Mar 2008 15 Feb 2011 Fund Manager British 0 - 84 (50.0%)
Resigned Darrin Matthew, Dr DISLEY 05 Dec 2007 02 Mar 2018 Entrepreneur British 0 - 157 (46.7%)
Resigned Adam John, Dr COLLIER 14 Feb 2005 10 Oct 2007 Consultant British 0 - 20 (0.0%)
Resigned Christopher John, Dr TORRANCE 14 Feb 2005 20 May 2013 Research Manager British 2 - 70 (0.0%)
Resigned Robert John, Dr HOWES 14 Feb 2005 01 Mar 2006 Research Manager British 0 - 10 (0.0%)
Resigned CHETTLEBURGHS SECRETARIAL LTD 14 Feb 2005 14 Feb 2005 1 - 48592220 (45.7%)
Number of active directors: 2
Average tenure of active directors: 2.5 years
Average tenure of resigned directors: 2.9 years
Average active director Dissolution Rate: 8.3%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
HORIZON DISCOVERY LIMITED (05363294) - Active
HORIZON DISCOVERY BIOSCIENCES LIMITED (05978215) - Active
HORIZON DIAGNOSTICS LIMITED (07098943) - Active
SYNTHETX LIMITED (07869439) - Active
HORIZON DISCOVERY GROUP LIMITED (08921143) - Active
AVVINITY THERAPEUTICS LIMITED (09967702) - Liquidation

SHAREHOLDERS (BETA)

Shareholder name Share class Shares at confirmation date
2019-02-142016-02-142015-02-142014-02-142013-02-14
HORIZON DISCOVERY GROUP PLCORDINARY439,586,865
96.4%
439,588,410
96.4%
439,588,410
96.4%
0
0%
0
0%
HORIZON DISCOVERY GROUP PLCG1 SHARES14,987,388
3.29%
14,987,388
3.29%
14,987,388
3.29%
0
0%
0
0%
HORIZON DISCOVERY GROUP PLCG2 SHARES1,432,500
0.314%
1,432,500
0.314%
1,432,500
0.314%
0
0%
0
0%
JONATHAN MILNERORDINARY0
0%
0
0%
0
0%
84,574
21.8%
52,628
16.5%
DFJ ESPRIT CAPITAL ITI L.P,ORDINARY0
0%
0
0%
0
0%
50,762
13.1%
50,509
15.9%
CHRISTOPHER TORRANCEORDINARY0
0%
0
0%
0
0%
36,780
9.47%
36,780
11.6%
MVM FUND II LPORDINARY0
0%
0
0%
0
0%
29,927
7.71%
0
0%
ROCHE FINANCE LIMITEDORDINARY0
0%
0
0%
0
0%
22,011
5.67%
20,511
6.44%
EXECUTE TECHNOLOGIES INCORDINARY0
0%
0
0%
0
0%
21,755
5.60%
21,755
6.83%
PROF ALBERTO BARDELLIORDINARY0
0%
0
0%
0
0%
18,662
4.80%
18,662
5.86%
THE CHANCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF CAMBRIDGEORDINARY0
0%
0
0%
0
0%
15,385
3.96%
0
0%
GENENTECHORDINARY0
0%
0
0%
0
0%
14,118
3.63%
14,118
4.43%
PETER COLLINSORDINARY0
0%
0
0%
0
0%
12,064
3.11%
7,064
2.22%
DAVID EVANSORDINARY0
0%
0
0%
0
0%
10,352
2.67%
10,102
3.17%
DARRIN DISLEYG10
0%
0
0%
0
0%
8,078
2.08%
8,078
2.54%
DFJ EUROPE X, L.P.ORDINARY0
0%
0
0%
0
0%
7,956
2.05%
7,577
2.38%
JAMES MILNERORDINARY0
0%
0
0%
0
0%
7,147
1.84%
7,147
2.24%
GREGORY MILNERORDINARY0
0%
0
0%
0
0%
5,767
1.48%
0
0%
DANIEL COWELLORDINARY0
0%
0
0%
0
0%
5,461
1.41%
6,416
2.02%
PROVIDENCE INVESTMENT COMPANY LIMITEDORDINARY0
0%
0
0%
0
0%
4,700
1.21%
3,539
1.11%
CALCULUS CAPITAL LIMITED (EIS FUND 11)ORDINARY0
0%
0
0%
0
0%
4,500
1.16%
0
0%
WREN CAPITAL NOMINEES LTDORDINARY0
0%
0
0%
0
0%
3,750
0.966%
0
0%
DAVID CLEEVELYORDINARY0
0%
0
0%
0
0%
3,539
0.911%
3,539
1.11%
ROB HOWESORDINARY0
0%
0
0%
0
0%
3,000
0.772%
100
0.031%
DANIEL COWELLG10
0%
0
0%
0
0%
3,000
0.772%
3,000
0.942%
RICHARD DONALD CAMERONORDINARY0
0%
0
0%
0
0%
2,750
0.708%
0
0%
SHARE NOMINEES LIMITED (AS NOMINEE FOR DFJ ESPRIT ANGELS' EISORDINARY0
0%
0
0%
0
0%
2,359
0.607%
0
0%
KYLA GRIMSHAWG10
0%
0
0%
0
0%
2,000
0.515%
2,000
0.628%
DFJE IL FP L.P.ORDINARY0
0%
0
0%
0
0%
1,904
0.490%
0
0%
MVM FUND III (NO 2) LPORDINARY0
0%
0
0%
0
0%
1,478
0.381%
0
0%
THE UNIVERSITY OF CAMBRIDGE ENTERPRISE FUNDORDINARY0
0%
0
0%
0
0%
1,250
0.322%
0
0%
PETER KEENG20
0%
0
0%
0
0%
1,250
0.322%
1,250
0.393%
KYLA GRIMSHAWORDINARY0
0%
0
0%
0
0%
814
0.210%
1,314
0.413%
INVESTEC STRUCTURED PRODUCTS CALCULUS VCT PLCORDINARY0
0%
0
0%
0
0%
500
0.129%
0
0%
KARIN SCHMITTORDINARY0
0%
0
0%
0
0%
500
0.129%
0
0%
AMARJIT SINGH BATHORDINARY0
0%
0
0%
0
0%
250
0.064%
0
0%
SUZANNE GRIFFINORDINARY0
0%
0
0%
0
0%
55
0.014%
0
0%
MVM FUND III LPORDINARY0
0%
0
0%
0
0%
0
0%
23,824
7.48%
THE CHENCELLOR MASTERS & SCHOLARS OF THE UNIVERSITY OF CAMBRIDGEORDINARY0
0%
0
0%
0
0%
0
0%
15,385
4.83%
DFJE ILL EP LPORDINARY0
0%
0
0%
0
0%
0
0%
1,895
0.595%
MVM FUND IIT (NO 2) LPORDINARY0
0%
0
0%
0
0%
0
0%
1,176
0.369%

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

HORIZON DISCOVERY LIMITED

Controlled companies below

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 72110 Research and experimental development on biotechnology)

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LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
HORIZON DISCOVERY LIMITED 1.3% 2.3% 3.9% Medium
Other companies Active in the same sector 1.2% 3.5% 7.4% Medium
Expanded sample1.3%2.3%3.9%Medium
Age 0.4% 1.7% 3.3% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.7% 2.2% 3.8% Medium
Accounting Month 0.6% 2.2% 6.7% Medium
Sic code count 0.7% 3.5% 7.0% Medium
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