highwood construction limited
highwood construction limited Company Information
Company Number
05080117
Next Accounts
Mar 2025
Shareholders
highwood group limited
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
the hay barn, upper ashfield farm, romsey, hampshire, SO51 9NJ
Website
www.highwoodgroup.co.ukhighwood construction limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWOOD CONSTRUCTION LIMITED at £20.7m based on a Turnover of £58.1m and 0.36x industry multiple (adjusted for size and gross margin).
highwood construction limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWOOD CONSTRUCTION LIMITED at £0 based on an EBITDA of £-3m and a 3.24x industry multiple (adjusted for size and gross margin).
highwood construction limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWOOD CONSTRUCTION LIMITED at £6.6m based on Net Assets of £4.5m and 1.47x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Highwood Construction Limited Overview
Highwood Construction Limited is a live company located in romsey, SO51 9NJ with a Companies House number of 05080117. It operates in the construction of commercial buildings sector, SIC Code 41201. Founded in March 2004, it's largest shareholder is highwood group limited with a 100% stake. Highwood Construction Limited is a mature, large sized company, Pomanda has estimated its turnover at £58.1m with declining growth in recent years.
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Highwood Construction Limited Health Check
Pomanda's financial health check has awarded Highwood Construction Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £58.1m, make it larger than the average company (£5.9m)
£58.1m - Highwood Construction Limited
£5.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.3%)
-4% - Highwood Construction Limited
6.3% - Industry AVG
Production
with a gross margin of -2.1%, this company has a higher cost of product (17.9%)
-2.1% - Highwood Construction Limited
17.9% - Industry AVG
Profitability
an operating margin of -5.2% make it less profitable than the average company (4.9%)
-5.2% - Highwood Construction Limited
4.9% - Industry AVG
Employees
with 76 employees, this is above the industry average (17)
76 - Highwood Construction Limited
17 - Industry AVG
Pay Structure
on an average salary of £67.6k, the company has a higher pay structure (£48.6k)
£67.6k - Highwood Construction Limited
£48.6k - Industry AVG
Efficiency
resulting in sales per employee of £764.9k, this is more efficient (£285k)
£764.9k - Highwood Construction Limited
£285k - Industry AVG
Debtor Days
it gets paid by customers after 18 days, this is earlier than average (35 days)
18 days - Highwood Construction Limited
35 days - Industry AVG
Creditor Days
its suppliers are paid after 39 days, this is slower than average (35 days)
39 days - Highwood Construction Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (143 days)
0 days - Highwood Construction Limited
143 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (18 weeks)
24 weeks - Highwood Construction Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 81.2%, this is a higher level of debt than the average (70%)
81.2% - Highwood Construction Limited
70% - Industry AVG
HIGHWOOD CONSTRUCTION LIMITED financials
Highwood Construction Limited's latest turnover from June 2023 is £58.1 million and the company has net assets of £4.5 million. According to their latest financial statements, Highwood Construction Limited has 76 employees and maintains cash reserves of £8.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,136,000 | 50,737,000 | 45,185,000 | 65,482,000 | 60,671,000 | 30,146,047 | 21,352,201 | 14,779,951 | 8,764,229 | 4,083,462 | 7,708,149 | 9,777,856 | 14,597,085 | 20,469,863 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | 59,340,000 | 48,220,000 | 40,758,000 | 62,084,000 | 56,960,000 | 28,155,674 | 19,494,854 | 13,203,614 | 7,999,677 | 3,629,816 | 7,602,554 | 9,163,530 | 13,195,459 | 18,339,379 |
| Gross Profit | -1,204,000 | 2,517,000 | 4,427,000 | 3,398,000 | 3,711,000 | 1,990,373 | 1,857,347 | 1,576,337 | 764,552 | 453,646 | 105,595 | 614,326 | 1,401,626 | 2,130,484 |
| Admin Expenses | 1,821,000 | 1,567,000 | 1,949,000 | 1,870,000 | 1,767,000 | 1,146,232 | 1,098,323 | 816,797 | 490,738 | 398,297 | 716,319 | 1,029,254 | 1,021,314 | 869,867 |
| Operating Profit | -3,025,000 | 950,000 | 2,478,000 | 1,528,000 | 1,944,000 | 844,141 | 759,024 | 759,540 | 273,814 | 55,349 | -610,724 | -414,928 | 380,312 | 1,260,617 |
| Interest Payable | 1,000 | 1,000 | 1,000 | 1,719 | 870 | 4,408 | 2,013 | 1,358 | ||||||
| Interest Receivable | 590,000 | 1,000 | 31,525 | 36,713 | 41,891 | 77,307 | 32,422 | 45,087 | 66,622 | 125,026 | 92,372 | |||
| Pre-Tax Profit | -2,436,000 | 951,000 | 2,477,000 | 1,528,000 | 1,943,000 | 873,947 | 795,737 | 801,431 | 351,121 | 87,771 | -566,507 | -352,714 | 503,325 | 1,351,631 |
| Tax | -4,000 | -150,000 | -505,000 | -267,000 | -376,000 | -144,157 | -172,095 | -150,960 | -64,679 | -2,177 | 180,012 | 100,578 | -133,227 | -374,077 |
| Profit After Tax | -2,440,000 | 801,000 | 1,972,000 | 1,261,000 | 1,567,000 | 729,790 | 623,642 | 650,471 | 286,442 | 85,594 | -386,495 | -252,136 | 370,098 | 977,554 |
| Dividends Paid | 233,000 | 1,027,000 | 200,000 | 209,786 | 339,000 | 285,000 | ||||||||
| Retained Profit | -2,440,000 | 801,000 | 1,972,000 | 1,028,000 | 540,000 | 529,790 | 623,642 | 440,685 | 286,442 | 85,594 | -386,495 | -252,136 | 31,098 | 692,554 |
| Employee Costs | 5,134,000 | 5,250,000 | 5,539,000 | 4,267,000 | 3,323,000 | 2,457,526 | 1,791,764 | 1,127,288 | 664,800 | 392,487 | 864,450 | 1,198,392 | 1,519,629 | 1,441,813 |
| Number Of Employees | 76 | 82 | 78 | 72 | 53 | 39 | 34 | 24 | 19 | 17 | 19 | 22 | 32 | 34 |
| EBITDA* | -2,972,000 | 1,014,000 | 2,545,000 | 1,583,000 | 1,995,000 | 880,562 | 788,892 | 788,714 | 294,432 | 74,279 | -585,587 | -388,115 | 401,773 | 1,279,047 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 119,000 | 123,000 | 167,000 | 225,000 | 202,628 | 188,665 | 118,525 | 130,256 | 79,991 | 77,581 | 76,909 | 103,725 | 107,275 | 51,192 |
| Intangible Assets | 59,000 | 79,000 | ||||||||||||
| Investments & Other | 442 | |||||||||||||
| Debtors (Due After 1 year) | 1,236,000 | 833,000 | 1,715,000 | 2,039,000 | 1,154,558 | 2,172,358 | 2,954,353 | 3,181,360 | 1,733,203 | 1,295,614 | 676,348 | 997,274 | 2,927,312 | 4,279,748 |
| Total Fixed Assets | 1,414,000 | 1,035,000 | 1,882,000 | 2,264,000 | 1,358,000 | 2,361,023 | 3,072,878 | 3,311,616 | 1,813,194 | 1,373,195 | 753,257 | 1,100,999 | 3,034,587 | 4,330,940 |
| Stock & work in progress | 138,000 | 234,000 | 225,000 | 63,000 | 132,000 | 140,745 | 1,670 | 54,179 | 340 | 9,131 | 108,879 | 1,421,518 | ||
| Trade Debtors | 3,021,000 | 3,055,000 | 2,178,000 | 5,084,000 | 2,350,000 | 3,160,202 | 2,426,676 | 1,752,604 | 470,054 | 510,521 | 1,099,303 | 2,300,268 | 1,639,973 | 2,965,749 |
| Group Debtors | 7,480,000 | 5,434,000 | 7,966,000 | 4,556,000 | 7,975,637 | 1,661,327 | ||||||||
| Misc Debtors | 3,377,000 | 4,307,000 | 2,563,000 | 145,000 | 411,762 | 48,886 | 22,072 | 438,445 | 73,847 | 47,826 | 107,173 | 734,842 | 236,157 | 469,256 |
| Cash | 8,377,000 | 7,015,000 | 5,165,000 | 6,347,000 | 5,247,000 | 2,216,888 | 539,992 | 624,464 | 1,094,380 | 502,471 | 166,036 | 511,297 | 135,360 | 226 |
| misc current assets | ||||||||||||||
| total current assets | 22,393,000 | 20,045,000 | 18,097,000 | 16,195,000 | 16,116,000 | 7,228,048 | 2,988,740 | 2,817,183 | 1,692,460 | 1,061,158 | 1,381,643 | 3,546,407 | 2,120,369 | 4,856,749 |
| total assets | 23,807,000 | 21,080,000 | 19,979,000 | 18,459,000 | 17,474,000 | 9,589,071 | 6,061,618 | 6,128,799 | 3,505,654 | 2,434,353 | 2,134,900 | 4,647,406 | 5,154,956 | 9,187,689 |
| Bank overdraft | 487,848 | 900,051 | ||||||||||||
| Bank loan | ||||||||||||||
| Trade Creditors | 6,476,000 | 2,584,000 | 5,137,000 | 1,632,000 | 2,434,000 | 1,479,995 | 1,291,015 | 1,016,683 | 629,981 | 388,608 | 678,980 | 2,015,042 | 1,147,826 | 2,255,715 |
| Group/Directors Accounts | 973,000 | 93,000 | 174,000 | 556,000 | 458 | 458 | 458 | 458 | 458 | 458 | 458 | 458 | 458 | |
| other short term finances | ||||||||||||||
| hp & lease commitments | 3,923 | 6,660 | 4,990 | |||||||||||
| other current liabilities | 10,609,000 | 10,351,000 | 7,633,000 | 10,508,000 | 10,540,778 | 5,338,534 | 2,661,782 | 3,696,717 | 1,900,959 | 1,357,473 | 853,242 | 1,639,268 | 2,267,390 | 4,809,076 |
| total current liabilities | 18,058,000 | 13,028,000 | 12,770,000 | 12,314,000 | 13,531,000 | 6,818,987 | 3,953,255 | 4,713,858 | 2,531,398 | 1,746,539 | 1,532,680 | 3,658,691 | 3,910,182 | 7,970,290 |
| loans | ||||||||||||||
| hp & lease commitments | 3,923 | 7,646 | ||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | 1,280,000 | 1,143,000 | 1,101,000 | 2,009,000 | 834,598 | 201,711 | 69,780 | |||||||
| provisions | ||||||||||||||
| total long term liabilities | 1,280,000 | 1,143,000 | 1,101,000 | 2,009,000 | 835,000 | 201,711 | 69,780 | 3,923 | 7,646 | |||||
| total liabilities | 19,338,000 | 14,171,000 | 13,871,000 | 14,323,000 | 14,366,000 | 7,020,698 | 4,023,035 | 4,713,858 | 2,531,398 | 1,746,539 | 1,532,680 | 3,658,691 | 3,914,105 | 7,977,936 |
| net assets | 4,469,000 | 6,909,000 | 6,108,000 | 4,136,000 | 3,108,000 | 2,568,373 | 2,038,583 | 1,414,941 | 974,256 | 687,814 | 602,220 | 988,715 | 1,240,851 | 1,209,753 |
| total shareholders funds | 4,469,000 | 6,909,000 | 6,108,000 | 4,136,000 | 3,108,000 | 2,568,373 | 2,038,583 | 1,414,941 | 974,256 | 687,814 | 602,220 | 988,715 | 1,240,851 | 1,209,753 |
| Jun 2023 | Jun 2022 | Jun 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | -3,025,000 | 950,000 | 2,478,000 | 1,528,000 | 1,944,000 | 844,141 | 759,024 | 759,540 | 273,814 | 55,349 | -610,724 | -414,928 | 380,312 | 1,260,617 |
| Depreciation | 33,000 | 44,000 | 67,000 | 55,000 | 51,000 | 36,421 | 29,868 | 29,174 | 20,618 | 18,930 | 25,137 | 26,813 | 21,461 | 18,430 |
| Amortisation | 20,000 | 20,000 | ||||||||||||
| Tax | -4,000 | -150,000 | -505,000 | -267,000 | -376,000 | -144,157 | -172,095 | -150,960 | -64,679 | -2,177 | 180,012 | 100,578 | -133,227 | -374,077 |
| Stock | -96,000 | 9,000 | 162,000 | -69,000 | -8,745 | 140,745 | -1,670 | -52,509 | 53,839 | -8,791 | 9,131 | -108,879 | -1,312,639 | 1,421,518 |
| Debtors | 1,485,000 | -793,000 | 2,598,000 | -67,668 | 4,848,895 | 1,639,672 | 30,692 | 3,095,305 | 423,143 | -28,863 | -2,149,560 | -771,058 | -2,911,311 | 7,714,753 |
| Creditors | 3,892,000 | -2,553,000 | 3,505,000 | -802,000 | 954,005 | 188,980 | 274,332 | 386,702 | 241,373 | -290,372 | -1,336,062 | 867,216 | -1,107,889 | 2,255,715 |
| Accruals and Deferred Income | 258,000 | 2,718,000 | -2,875,000 | -32,778 | 5,202,244 | 2,676,752 | -1,034,935 | 1,795,758 | 543,486 | 504,231 | -786,026 | -628,122 | -2,541,686 | 4,809,076 |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | -215,000 | 1,813,000 | -90,000 | 617,890 | 2,935,099 | 1,821,720 | -172,828 | -222,582 | 537,630 | 323,615 | -387,234 | 831,494 | 842,921 | -1,166,510 |
| Investing Activities | ||||||||||||||
| capital expenditure | -23,028 | -19,602 | 4,601 | -23,263 | -77,544 | -21,127 | ||||||||
| Change in Investments | -442 | 442 | ||||||||||||
| cash flow from investments | -23,028 | -19,602 | 4,601 | -23,263 | -77,544 | -21,127 | ||||||||
| Financing Activities | ||||||||||||||
| Bank loans | ||||||||||||||
| Group/Directors Accounts | 880,000 | 93,000 | -174,000 | -382,000 | 555,542 | 458 | ||||||||
| Other Short Term Loans | ||||||||||||||
| Long term loans | ||||||||||||||
| Hire Purchase and Lease Commitments | -3,923 | -6,660 | -2,053 | 12,636 | ||||||||||
| other long term liabilities | 137,000 | 42,000 | -908,000 | 1,174,402 | 632,887 | 131,931 | 69,780 | |||||||
| share issue | ||||||||||||||
| interest | 589,000 | 1,000 | -1,000 | -1,000 | 29,806 | 36,713 | 41,891 | 77,307 | 32,422 | 44,217 | 62,214 | 123,013 | 91,014 | |
| cash flow from financing | 1,606,000 | 136,000 | -1,083,000 | 792,402 | 1,187,056 | 161,737 | 106,493 | 41,891 | 77,307 | 32,422 | 40,294 | 55,554 | 120,960 | 621,307 |
| cash and cash equivalents | ||||||||||||||
| cash | 1,362,000 | 1,850,000 | -1,182,000 | 1,100,000 | 3,030,112 | 1,676,896 | -84,472 | -469,916 | 591,909 | 336,435 | -345,261 | 375,937 | 135,134 | 226 |
| overdraft | -487,848 | -412,203 | 900,051 | |||||||||||
| change in cash | 1,362,000 | 1,850,000 | -1,182,000 | 1,100,000 | 3,030,112 | 1,676,896 | -84,472 | -469,916 | 591,909 | 336,435 | -345,261 | 863,785 | 547,337 | -899,825 |
highwood construction limited Credit Report and Business Information
Highwood Construction Limited Competitor Analysis
Perform a competitor analysis for highwood construction limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in SO51 area or any other competitors across 12 key performance metrics.
highwood construction limited Ownership
HIGHWOOD CONSTRUCTION LIMITED group structure
Highwood Construction Limited has no subsidiary companies.
Ultimate parent company
2 parents
HIGHWOOD CONSTRUCTION LIMITED
05080117
highwood construction limited directors
Highwood Construction Limited currently has 6 directors. The longest serving directors include Mr Stephen Matthews (Apr 2014) and Mr Elliot Lord (Jan 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Matthews | United Kingdom | 52 years | Apr 2014 | - | Director |
| Mr Elliot Lord | United Kingdom | 50 years | Jan 2018 | - | Director |
| Mr Martin Hawthorne | 60 years | Aug 2020 | - | Director | |
| Mr Simon Beech | United Kingdom | 53 years | Aug 2020 | - | Director |
| Mr Phillip Prosser | United Kingdom | 36 years | Aug 2020 | - | Director |
| Ms Natalie Brown | United Kingdom | 36 years | Feb 2022 | - | Director |
P&L
June 2023turnover
58.1m
+15%
operating profit
-3m
-418%
gross margin
-2%
-141.75%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
4.5m
-0.35%
total assets
23.8m
+0.13%
cash
8.4m
+0.19%
net assets
Total assets minus all liabilities
highwood construction limited company details
company number
05080117
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41202 - Construction of domestic buildings
incorporation date
March 2004
age
21
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
FIANDER TOVELL LIMITED
address
the hay barn, upper ashfield farm, romsey, hampshire, SO51 9NJ
Bank
-
Legal Advisor
-
highwood construction limited Charges & Mortgages
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 10 charges/mortgages relating to highwood construction limited. Currently there are 1 open charges and 9 have been satisfied in the past.
highwood construction 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.
Click to start generating capital raising & share issue transactions for HIGHWOOD CONSTRUCTION LIMITED. This can take several minutes, an email will notify you when this has completed.
highwood construction limited Companies House Filings - See Documents
| date | description | view/download |
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