Construction of other civil engineering projects n.e.c.
Registered Address
3 durrant road, bournemouth, dorset, BH2 6NE
Website
-
highdrive property co. limitedEstimated Valuation
£42.6m
Pomanda estimates the enterprise value of HIGHDRIVE PROPERTY CO. LIMITED at £42.6m based on a Turnover of £74.5m and 0.57x industry multiple (adjusted for size and gross margin).
highdrive property co. limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HIGHDRIVE PROPERTY CO. LIMITED at £0 based on an EBITDA of £-130.2k and a 6.73x industry multiple (adjusted for size and gross margin).
highdrive property co. limitedEstimated Valuation
£7.9m
Pomanda estimates the enterprise value of HIGHDRIVE PROPERTY CO. LIMITED at £7.9m based on Net Assets of £4.1m and 1.94x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Highdrive Property Co. LimitedOverview
Highdrive Property Co. Limited is a live company located in dorset, BH2 6NE with a Companies House number of 00893168. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in December 1966, it's largest shareholder is
keith peter harrison
with a 48.1% stake. Highdrive Property Co. Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£74.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Highdrive Property Co. Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £74.5m, make it larger than the average company (£14.2m)
£74.5m - Highdrive Property Co. Limited
£14.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (10%)
31% - Highdrive Property Co. Limited
10% - Industry AVG
Production
with a gross margin of 18.9%, this company has a comparable cost of product (18.9%)
18.9% - Highdrive Property Co. Limited
18.9% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (5.9%)
-0.2% - Highdrive Property Co. Limited
5.9% - Industry AVG
Employees
with 4 employees, this is below the industry average (52)
4 - Highdrive Property Co. Limited
52 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
£51.9k - Highdrive Property Co. Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £18.6m, this is more efficient (£254.6k)
£18.6m - Highdrive Property Co. Limited
£254.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Highdrive Property Co. Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Highdrive Property Co. Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (6 days)
40 days - Highdrive Property Co. Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 13 weeks, this is less cash available to meet short term requirements (19 weeks)
13 weeks - Highdrive Property Co. Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.1%, this is a lower level of debt than the average (59.4%)
48.1% - Highdrive Property Co. Limited
59.4% - Industry AVG
HIGHDRIVE PROPERTY CO. LIMITED financials
EXPORT
Highdrive Property Co. Limited's latest turnover from March 2024 is estimated at £74.5 million and the company has net assets of £4.1 million. According to their latest financial statements, Highdrive Property Co. Limited has 4 employees and maintains cash reserves of £1 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
74,501,571
34,554,551
36,169,944
32,847,904
8,800,129
8,071,099
13,849,720
9,919,376
11,929,850
1,436,526
8,520,457
10,489,622
9,593,215
8,714,963
9,551,835
Other Income Or Grants
Cost Of Sales
60,407,629
28,674,500
30,190,239
27,458,594
7,234,934
6,623,720
11,114,757
7,916,746
9,569,152
1,165,382
6,962,357
8,275,087
7,537,238
6,743,347
7,268,379
Gross Profit
14,093,942
5,880,051
5,979,705
5,389,309
1,565,195
1,447,379
2,734,963
2,002,630
2,360,699
271,144
1,558,101
2,214,535
2,055,977
1,971,616
2,283,455
Admin Expenses
14,224,236
6,018,293
5,986,661
4,347,370
-577,878
188,129
2,716,844
2,120,002
2,457,998
305,118
1,499,823
2,196,932
2,033,953
1,944,309
329,853
Operating Profit
-130,294
-138,242
-6,956
1,041,939
2,143,073
1,259,250
18,119
-117,372
-97,299
-33,974
58,278
17,603
22,024
27,307
1,953,602
Interest Payable
115,313
151,875
133,492
163,026
248,927
138,620
3,373
Interest Receivable
79,199
44,367
2,455
978
921
1,815
96
53
4,765
4,768
77
29
53
74
50
Pre-Tax Profit
-51,095
-209,188
-156,376
909,425
1,980,968
1,012,138
-120,405
-120,692
-92,534
-29,206
58,355
17,633
22,077
27,381
1,953,653
Tax
-172,791
-376,384
-192,306
-13,422
-4,232
-5,740
-7,667
-547,023
Profit After Tax
-51,095
-209,188
-156,376
736,634
1,604,584
819,832
-120,405
-120,692
-92,534
-29,206
44,933
13,401
16,337
19,714
1,406,630
Dividends Paid
Retained Profit
-51,095
-209,188
-156,376
736,634
1,604,584
819,832
-120,405
-120,692
-92,534
-29,206
44,933
13,401
16,337
19,714
1,406,630
Employee Costs
207,456
194,884
185,048
181,252
178,713
171,219
168,513
156,028
2,422,963
297,498
1,823,963
2,288,467
2,357,698
2,223,692
2,663,890
Number Of Employees
4
4
4
4
4
4
4
4
63
8
50
65
68
66
77
EBITDA*
-130,205
-138,171
-6,871
1,042,042
2,143,198
1,259,402
18,305
-117,146
-97,123
-33,751
58,561
17,965
22,486
27,901
1,954,368
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
275
364
435
520
623
748
900
1,086
729
905
1,128
1,411
1,773
2,235
2,829
Intangible Assets
Investments & Other
160,000
160,000
160,000
160,000
170,000
Debtors (Due After 1 year)
Total Fixed Assets
275
364
435
520
623
160,748
160,900
161,086
160,729
170,905
1,128
1,411
1,773
2,235
2,829
Stock & work in progress
6,727,910
3,759,206
3,627,989
3,523,016
2,095,846
2,344,265
4,462,866
2,672,225
2,259,925
Trade Debtors
555,401
326,723
49,015
2,142,872
2,332,078
2,215,582
2,091,676
2,180,646
Group Debtors
62
158
Misc Debtors
77,211
10,184
3,543,973
3,290,893
3,445,442
2,749,674
2,540,105
328,380
17,485
Cash
1,011,372
2,005,728
82,129
572,627
1,383,787
458,954
25,147
13,147
29,321
1,876,566
30,746
11,783
9,280
20,186
misc current assets
total current assets
7,816,493
5,775,118
7,254,091
7,386,536
6,925,137
6,108,452
7,354,841
3,013,752
2,306,731
1,925,581
2,173,618
2,332,078
2,227,365
2,100,956
2,200,832
total assets
7,816,768
5,775,482
7,254,526
7,387,056
6,925,760
6,269,200
7,515,741
3,174,838
2,467,460
2,096,486
2,174,746
2,333,489
2,229,138
2,103,191
2,203,661
Bank overdraft
2,126,803
3,218,326
4,157,281
107,938
Bank loan
2,250,000
2,250,000
Trade Creditors
5,675
153,872
169,491
13,845
6,129
448,597
497,651
701,327
610,377
500,767
620,951
Group/Directors Accounts
407,980
287,298
660,544
567,932
650,395
569,855
1,737,311
1,547,071
879,225
other short term finances
hp & lease commitments
other current liabilities
3,350,139
1,378,440
24,967
93,717
404,095
193,057
137,400
71,321
26,751
total current liabilities
3,758,119
1,665,738
2,935,511
2,911,649
3,186,968
4,135,110
6,201,483
1,740,175
912,105
448,597
497,651
701,327
610,377
500,767
620,951
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
83
99
118
total long term liabilities
83
99
118
total liabilities
3,758,119
1,665,738
2,935,594
2,911,748
3,187,086
4,135,110
6,201,483
1,740,175
912,105
448,597
497,651
701,327
610,377
500,767
620,951
net assets
4,058,649
4,109,744
4,318,932
4,475,308
3,738,674
2,134,090
1,314,258
1,434,663
1,555,355
1,647,889
1,677,095
1,632,162
1,618,761
1,602,424
1,582,710
total shareholders funds
4,058,649
4,109,744
4,318,932
4,475,308
3,738,674
2,134,090
1,314,258
1,434,663
1,555,355
1,647,889
1,677,095
1,632,162
1,618,761
1,602,424
1,582,710
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-130,294
-138,242
-6,956
1,041,939
2,143,073
1,259,250
18,119
-117,372
-97,299
-33,974
58,278
17,603
22,024
27,307
1,953,602
Depreciation
89
71
85
103
125
152
186
226
176
223
283
362
462
594
766
Amortisation
Tax
-172,791
-376,384
-192,306
-13,422
-4,232
-5,740
-7,667
-547,023
Stock
2,968,704
131,217
104,973
1,427,170
-248,419
-2,118,601
1,790,641
412,300
2,259,925
Debtors
67,027
-3,533,789
253,080
-154,611
140,271
438,405
2,538,448
310,895
-31,530
-2,093,857
-189,206
116,496
123,906
-88,970
2,180,646
Creditors
-5,675
-148,197
-15,619
155,646
7,716
-442,468
-49,054
-203,676
90,950
109,610
-120,184
620,951
Accruals and Deferred Income
1,971,699
1,353,473
-68,750
-310,378
211,038
55,657
66,079
44,570
26,751
Deferred Taxes & Provisions
-83
-16
-19
118
Cash flow from operations
-1,194,237
4,617,791
-433,690
-719,380
1,937,921
2,787,330
-4,089,059
-788,055
-2,741,235
2,011,052
30,669
-11,813
2,450
-10,980
-152,350
Investing Activities
capital expenditure
-583
-3,595
Change in Investments
-160,000
-10,000
170,000
cash flow from investments
160,000
-583
10,000
-170,000
-3,595
Financing Activities
Bank loans
-2,250,000
2,250,000
Group/Directors Accounts
120,682
-373,246
92,612
-82,463
80,540
-1,167,456
190,240
667,846
879,225
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
176,080
interest
79,199
-70,946
-149,420
-132,514
-162,105
-247,112
-138,524
-3,320
4,765
4,768
77
29
53
74
50
cash flow from financing
199,881
-2,694,192
-56,808
2,035,023
-81,565
-1,414,568
51,716
664,526
883,990
4,768
77
29
53
74
176,130
cash and cash equivalents
cash
-994,356
1,923,599
-490,498
-811,160
924,833
433,807
12,000
-16,174
-1,847,245
1,845,820
30,746
-11,783
2,503
-10,906
20,186
overdraft
-2,126,803
-1,091,523
-938,955
4,049,343
107,938
change in cash
-994,356
1,923,599
-490,498
1,315,643
2,016,356
1,372,762
-4,037,343
-124,112
-1,847,245
1,845,820
30,746
-11,783
2,503
-10,906
20,186
highdrive property co. limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for highdrive property co. limited. Get real-time insights into highdrive property co. limited's credit score, group structure and payment trends.
Perform a competitor analysis for highdrive property co. limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in BH2 area or any other competitors across 12 key performance metrics.
highdrive property co. limited Ownership
HIGHDRIVE PROPERTY CO. LIMITED group structure
Highdrive Property Co. Limited has 1 subsidiary company.
The largest shareholders in Highdrive Property Co. Limited include Keith Peter Harrison and Mr Nigel William Harrison.
keith peter harrison
48.11%
mr nigel william harrison
48.11%
jean harrison
1.89%
mr peter morris harrison
1.89%
highdrive property co. limited directors
Highdrive Property Co. Limited currently has 3 directors.
The longest serving directors include
Mr Peter Harrison (Sep 1991) and
Mr Nigel Harrison (Sep 1991).
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 11 charges/mortgages relating to highdrive property co. limited. Currently there are 3 open charges and 8 have been satisfied in the past.
highdrive property co. limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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highdrive property co. limitedCompanies House Filings - See Documents
