{"name":"HORTOR LIMITED","company_number":"09062811","status":"Liquidation","type":"Private Limited Company","incorporated":"2014-05-29","dissolved":null,"registered_office":"Morwick Hall 1.8 Mortec Park, York Road, Leeds, West Yorkshire, LS15 4TA","postcode":"LS15 4TA","sic_codes":[{"code":78109,"description":"Other activities of employment placement agencies"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Total Exemption Full","year_end":"30 June","last_made_up_to":"2023-06-30","next_due":"2025-03-31"},"employees":null,"financials":[{"financial_date":"2023-06-30","net_assets":363775,"cash":121720},{"financial_date":"2022-06-30","net_assets":247913,"cash":120221},{"financial_date":"2021-05-31","net_assets":241048,"cash":134526},{"financial_date":"2020-05-31","net_assets":90125,"cash":30077},{"financial_date":"2019-05-31","net_assets":105065,"cash":347610}],"officers":{"current":2,"resigned":13,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[{"date":"2025-06-06","kind":"insolvency"},{"date":"2025-06-06","kind":"insolvency"},{"date":"2024-08-13","kind":"insolvency"}],"insolvency_outcome":null,"ai_summary":"Hortor Limited exemplifies the volatile trajectory possible within the UK SME recruitment sector—transforming from a distressed position in 2015 to a £4.7M asset business by 2023, yet ultimately succumbing to liquidation despite this apparent growth. The fundamental weakness was an over-leveraged balance sheet structure with 92% liabilities-to-assets, minimal equity cushion, and heavy invoice finance dependency—leaving the business acutely vulnerable to the sector-wide slowdown that materialised in 2023. While operational performance (evidenced by P&L reserve accumulation) was credible, the financial engineering underpinning growth proved unsustainable when macro conditions tightened.","website":"http://hortor.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/hortor","people":"https://www.companiesintheuk.co.uk/company/hortor/people","filing_history":"https://www.companiesintheuk.co.uk/company/hortor/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/09062811","financials":"https://www.companiesintheuk.co.uk/company/hortor/financial","gazette":"https://www.companiesintheuk.co.uk/company/hortor/gazette","control":"https://www.companiesintheuk.co.uk/company/hortor/control","charges":"https://www.companiesintheuk.co.uk/company/hortor/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/hortor/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/hortor"}