birmingham highways limited
birmingham highways limited Company Information
Company Number
07064140
Website
https://www.amey.co.ukRegistered Address
unit g1 ash tree court, nottingham business park, nottingham, NG8 6PY
Industry
Other transportation support activities
Other personal service activities n.e.c.
Telephone
0800521660
Next Accounts Due
March 2025
Group Structure
View All
Shareholders
birmingham highways holdings limited 100%
birmingham highways limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM HIGHWAYS LIMITED at £112.4m based on a Turnover of £133.7m and 0.84x industry multiple (adjusted for size and gross margin).
birmingham highways limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM HIGHWAYS LIMITED at £33.2m based on an EBITDA of £6.1m and a 5.48x industry multiple (adjusted for size and gross margin).
birmingham highways limited Estimated Valuation
Pomanda estimates the enterprise value of BIRMINGHAM HIGHWAYS LIMITED at £0 based on Net Assets of £-246.2m and 2x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Birmingham Highways Limited Overview
Birmingham Highways Limited is a live company located in nottingham, NG8 6PY with a Companies House number of 07064140. It operates in the other transportation support activities sector, SIC Code 52290. Founded in November 2009, it's largest shareholder is birmingham highways holdings limited with a 100% stake. Birmingham Highways Limited is a established, mega sized company, Pomanda has estimated its turnover at £133.7m with rapid growth in recent years.
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Birmingham Highways Limited Health Check
Pomanda's financial health check has awarded Birmingham Highways Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
6 Weak
Size
annual sales of £133.7m, make it larger than the average company (£6m)
£133.7m - Birmingham Highways Limited
£6m - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (8.5%)
46% - Birmingham Highways Limited
8.5% - Industry AVG
Production
with a gross margin of 10.9%, this company has a higher cost of product (32%)
10.9% - Birmingham Highways Limited
32% - Industry AVG
Profitability
an operating margin of 4.5% make it less profitable than the average company (5.8%)
4.5% - Birmingham Highways Limited
5.8% - Industry AVG
Employees
with 1046 employees, this is above the industry average (29)
- Birmingham Highways Limited
29 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Birmingham Highways Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £127.8k, this is less efficient (£177.4k)
- Birmingham Highways Limited
£177.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Highways Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (39 days)
6 days - Birmingham Highways Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Birmingham Highways Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (32 weeks)
1 weeks - Birmingham Highways Limited
32 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 394.1%, this is a higher level of debt than the average (54.3%)
394.1% - Birmingham Highways Limited
54.3% - Industry AVG
BIRMINGHAM HIGHWAYS LIMITED financials
Birmingham Highways Limited's latest turnover from June 2023 is £133.7 million and the company has net assets of -£246.2 million. According to their latest financial statements, we estimate that Birmingham Highways Limited has 1,046 employees and maintains cash reserves of £7.5 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 133,693,000 | 125,898,000 | 104,322,000 | 43,368,000 | 236,123,000 | 5,049,000 | 64,587,000 | 88,916,000 | 95,044,000 | 104,794,000 | 96,058,000 | 108,937,000 | 85,880,000 |
| Other Income Or Grants | 0 | 0 | 0 | -400,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 119,093,000 | 166,745,000 | 97,130,000 | 48,820,000 | 248,674,000 | 4,086,000 | 59,056,000 | 83,898,000 | 93,010,000 | 102,743,000 | 94,080,000 | 106,774,000 | 84,628,000 |
| Gross Profit | 14,600,000 | -40,847,000 | 7,192,000 | -5,852,000 | -12,551,000 | 963,000 | 5,531,000 | 5,018,000 | 2,034,000 | 2,051,000 | 1,978,000 | 2,163,000 | 1,252,000 |
| Admin Expenses | 8,538,000 | 8,163,000 | 8,254,000 | 10,649,000 | 15,477,000 | 5,591,000 | 1,071,000 | 2,427,000 | 2,410,000 | 2,295,000 | 2,268,000 | 2,325,000 | 2,309,000 |
| Operating Profit | 6,062,000 | -49,010,000 | -1,062,000 | -16,501,000 | -28,028,000 | -4,628,000 | 4,460,000 | 2,591,000 | -376,000 | -244,000 | -290,000 | -162,000 | -1,057,000 |
| Interest Payable | 17,606,000 | 19,451,000 | 38,638,000 | 27,481,000 | 26,358,000 | 27,987,000 | 22,178,000 | 31,885,000 | 18,235,000 | 15,400,000 | 11,205,000 | 6,557,000 | 2,003,000 |
| Interest Receivable | 3,145,000 | 3,869,000 | 1,011,000 | 2,299,000 | 19,413,000 | 16,535,000 | 17,030,000 | 26,175,000 | 16,616,000 | 13,428,000 | 10,213,000 | 6,529,000 | 1,919,000 |
| Pre-Tax Profit | -8,399,000 | -64,592,000 | -38,689,000 | -46,849,000 | -40,279,000 | -17,411,000 | 7,493,000 | -7,192,000 | -21,521,000 | -2,216,000 | -1,282,000 | -190,000 | -1,141,000 |
| Tax | 0 | 0 | -8,079,000 | 1,707,000 | 902,000 | -1,354,000 | -1,274,000 | -378,000 | 4,304,000 | 365,000 | 268,000 | 25,000 | 308,000 |
| Profit After Tax | -8,399,000 | -64,592,000 | -46,768,000 | -45,142,000 | -39,377,000 | -18,765,000 | 6,219,000 | -7,570,000 | -17,217,000 | -1,851,000 | -1,014,000 | -165,000 | -833,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -8,399,000 | -64,592,000 | -46,768,000 | -45,142,000 | -39,377,000 | -18,765,000 | 6,219,000 | -7,570,000 | -17,217,000 | -1,851,000 | -1,014,000 | -165,000 | -10,222,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Number Of Employees | |||||||||||||
| EBITDA* | 6,062,000 | -49,010,000 | -1,062,000 | -16,501,000 | -28,028,000 | -4,628,000 | 4,460,000 | 2,591,000 | -376,000 | -244,000 | -290,000 | -162,000 | -1,057,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 69,781,000 | 56,664,000 | 64,799,000 | 65,866,000 | 82,601,000 | 262,537,000 | 235,463,000 | 235,527,000 | 231,391,000 | 193,110,000 | 162,572,000 | 121,952,000 | 56,876,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 69,781,000 | 31,927,000 | 28,473,000 | 5,378,000 | 22,027,000 | 256,383,000 | 226,445,000 | 225,235,000 | 220,721,000 | 186,515,000 | 149,850,000 | 109,613,000 | 52,377,000 |
| Debtors (Due After 1 year) | 0 | 24,481,000 | 35,408,000 | 52,409,000 | 53,871,000 | 0 | 0 | 0 | 0 | 229,000 | 780,000 | 878,000 | 718,000 |
| Total Fixed Assets | 69,781,000 | 56,408,000 | 63,881,000 | 57,787,000 | 82,601,000 | 262,537,000 | 235,463,000 | 235,527,000 | 231,391,000 | 193,110,000 | 162,572,000 | 121,952,000 | 56,876,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 3,677,000 | 6,960,000 | 3,768,000 | 893,000 | 20,370,000 | 19,905,000 | 7,554,000 | 272,000 | 221,000 | 0 | 16,000 |
| Group Debtors | 0 | 0 | 0 | 9,925,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,795,000 | 14,247,000 | 13,033,000 | 1,722,000 | 160,027,000 | 102,000 | 101,000 | 511,000 | 409,000 | 749,000 | 705,000 | 1,337,000 | 2,197,000 |
| Cash | 7,471,000 | 15,009,000 | 14,789,000 | 174,458,000 | 29,474,000 | 28,521,000 | 13,838,000 | 14,596,000 | 12,321,000 | 14,795,000 | 13,764,000 | 4,244,000 | 3,160,000 |
| misc current assets | 4,239,000 | 3,766,000 | 4,444,000 | 1,803,000 | 5,719,000 | 11,082,000 | 10,920,000 | 13,585,000 | 25,058,000 | 25,902,000 | 14,774,000 | 11,082,000 | 7,019,000 |
| total current assets | 13,927,000 | 33,022,000 | 35,943,000 | 195,418,000 | 198,988,000 | 40,598,000 | 45,229,000 | 48,597,000 | 45,342,000 | 41,718,000 | 29,464,000 | 16,663,000 | 12,392,000 |
| total assets | 83,708,000 | 89,430,000 | 99,824,000 | 253,205,000 | 281,589,000 | 303,135,000 | 280,692,000 | 284,124,000 | 276,733,000 | 234,828,000 | 192,036,000 | 138,615,000 | 69,268,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 35,000,000 | 45,000,000 | 151,396,000 | 157,064,000 | 185,513,000 | 185,443,000 | 184,767,000 | 252,141,000 | 9,534,000 | 8,263,000 | 0 | 3,239,000 |
| Trade Creditors | 2,011,000 | 1,723,000 | 3,217,000 | 2,340,000 | 1,088,000 | 946,000 | 19,518,000 | 18,962,000 | 10,214,000 | 65,000 | 12,000 | 1,000 | 31,000 |
| Group/Directors Accounts | 76,326,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 170,106,000 | 64,450,000 | 53,260,000 | 42,756,000 | 32,912,000 | 0 | 0 | 0 | 0 | 0 | 0 | 3,448,000 | 2,410,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 12,897,000 | 13,515,000 | 12,576,000 | 10,355,000 | 19,286,000 | 74,204,000 | 16,663,000 | 18,996,000 | 18,306,000 | 17,021,000 | 14,684,000 | 7,929,000 | 6,198,000 |
| total current liabilities | 261,340,000 | 114,688,000 | 114,053,000 | 206,847,000 | 210,350,000 | 260,663,000 | 221,624,000 | 222,725,000 | 280,661,000 | 26,620,000 | 22,959,000 | 11,378,000 | 11,878,000 |
| loans | 137,120,000 | 424,597,000 | 319,775,000 | 332,860,000 | 165,602,000 | 167,740,000 | 169,997,000 | 178,843,000 | 38,704,000 | 448,667,000 | 375,862,000 | 282,072,000 | 124,672,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 68,560,000 | 66,946,000 | 67,242,000 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 68,560,000 | 212,535,000 | 160,958,000 | 184,119,000 | 165,602,000 | 99,180,000 | 103,051,000 | 111,601,000 | 38,704,000 | 233,623,000 | 209,006,000 | 161,567,000 | 67,562,000 |
| total liabilities | 329,900,000 | 327,223,000 | 275,011,000 | 390,966,000 | 375,952,000 | 359,843,000 | 324,675,000 | 334,326,000 | 319,365,000 | 260,243,000 | 231,965,000 | 172,945,000 | 79,440,000 |
| net assets | -246,192,000 | -237,793,000 | -175,187,000 | -137,761,000 | -94,363,000 | -56,708,000 | -43,983,000 | -50,202,000 | -42,632,000 | -25,415,000 | -39,929,000 | -34,330,000 | -10,172,000 |
| total shareholders funds | -246,192,000 | -237,793,000 | -175,187,000 | -137,761,000 | -94,363,000 | -56,708,000 | -43,983,000 | -50,202,000 | -42,632,000 | -25,415,000 | -39,929,000 | -34,330,000 | -10,172,000 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 6,062,000 | -49,010,000 | -1,062,000 | -16,501,000 | -28,028,000 | -4,628,000 | 4,460,000 | 2,591,000 | -376,000 | -244,000 | -290,000 | -162,000 | -1,057,000 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | -8,079,000 | 1,707,000 | 902,000 | -1,354,000 | -1,274,000 | -378,000 | 4,304,000 | 365,000 | 268,000 | 25,000 | 308,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -36,933,000 | -13,390,000 | -18,898,000 | -146,650,000 | 216,671,000 | -19,476,000 | 55,000 | 20,416,000 | 6,713,000 | -456,000 | -509,000 | -716,000 | 2,931,000 |
| Creditors | 288,000 | -1,494,000 | 877,000 | 1,252,000 | 142,000 | -18,572,000 | 556,000 | 18,962,000 | 10,149,000 | 53,000 | 11,000 | -30,000 | 31,000 |
| Accruals and Deferred Income | -618,000 | 939,000 | 2,221,000 | -8,931,000 | -54,918,000 | 57,541,000 | -2,333,000 | 18,996,000 | 1,285,000 | 2,337,000 | 6,755,000 | 1,731,000 | 6,198,000 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 42,665,000 | -36,175,000 | 12,855,000 | 124,177,000 | -298,573,000 | 52,463,000 | 1,354,000 | 19,755,000 | 8,649,000 | 2,967,000 | 7,253,000 | 2,280,000 | 2,549,000 |
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | 37,854,000 | 3,454,000 | 23,095,000 | -16,649,000 | -234,356,000 | 29,938,000 | 1,210,000 | 225,235,000 | 34,206,000 | 36,665,000 | 40,237,000 | 57,236,000 | 52,377,000 |
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | -35,000,000 | -10,000,000 | -106,396,000 | -5,668,000 | -28,449,000 | 70,000 | 676,000 | 184,767,000 | 242,607,000 | 1,271,000 | 8,263,000 | -3,239,000 | 3,239,000 |
| Group/Directors Accounts | 76,326,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 105,656,000 | 11,190,000 | 10,504,000 | 9,844,000 | 32,912,000 | 0 | 0 | 0 | 0 | 0 | -3,448,000 | 1,038,000 | 2,410,000 |
| Long term loans | -287,477,000 | 104,822,000 | -13,085,000 | 167,258,000 | -2,138,000 | -2,257,000 | -8,846,000 | 178,843,000 | -409,963,000 | 72,805,000 | 93,790,000 | 157,400,000 | 124,672,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | -68,560,000 | 1,614,000 | -296,000 | 67,242,000 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||
| interest | -14,461,000 | -15,582,000 | -37,627,000 | -25,182,000 | -6,945,000 | -11,452,000 | -5,148,000 | -5,710,000 | -1,619,000 | -1,972,000 | -992,000 | -28,000 | -84,000 |
| cash flow from financing | -154,956,000 | 92,416,000 | -137,262,000 | 147,996,000 | -71,458,000 | -5,985,000 | -13,614,000 | 382,510,000 | -168,975,000 | 88,469,000 | 93,028,000 | 131,178,000 | 130,287,000 |
| cash and cash equivalents | |||||||||||||
| cash | -7,538,000 | 220,000 | -159,669,000 | 144,984,000 | 953,000 | 14,683,000 | -758,000 | 14,596,000 | -2,474,000 | 1,031,000 | 9,520,000 | 1,084,000 | 3,160,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,538,000 | 220,000 | -159,669,000 | 144,984,000 | 953,000 | 14,683,000 | -758,000 | 14,596,000 | -2,474,000 | 1,031,000 | 9,520,000 | 1,084,000 | 3,160,000 |
birmingham highways limited Credit Report and Business Information
Birmingham Highways Limited Competitor Analysis
Perform a competitor analysis for birmingham highways limited by selecting its closest rivals, whether from the TRANSPORTATION AND STORAGE sector, other mega companies, companies in NG8 area or any other competitors across 12 key performance metrics.
birmingham highways limited Ownership
BIRMINGHAM HIGHWAYS LIMITED group structure
Birmingham Highways Limited has no subsidiary companies.
Ultimate parent company
2 parents
BIRMINGHAM HIGHWAYS LIMITED
07064140
birmingham highways limited directors
Birmingham Highways Limited currently has 7 directors. The longest serving directors include Mr Kashif Rahuf (Aug 2019) and Mr Robert Wiggins (Oct 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Kashif Rahuf | United Kingdom | 45 years | Aug 2019 | - | Director |
| Mr Robert Wiggins | 69 years | Oct 2019 | - | Director | |
| Mr Christopher Tanner | 52 years | Aug 2021 | - | Director | |
| Mr Christopher Tanner | United Kingdom | 52 years | Aug 2021 | - | Director |
| Mr Amit Thakrar | England | 37 years | Jan 2022 | - | Director |
| Mr Amit Thakrar | England | 37 years | Jan 2022 | - | Director |
| Mr James Lloyd | England | 34 years | Oct 2024 | - | Director |
P&L
June 2023turnover
133.7m
+6%
operating profit
6.1m
-112%
gross margin
11%
-133.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-246.2m
+0.04%
total assets
83.7m
-0.06%
cash
7.5m
-0.5%
net assets
Total assets minus all liabilities
birmingham highways limited company details
company number
07064140
Type
Private limited with Share Capital
industry
52290 - Other transportation support activities
96090 - Other personal service activities n.e.c.
incorporation date
November 2009
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
BDO LLP
address
unit g1 ash tree court, nottingham business park, nottingham, NG8 6PY
Bank
-
Legal Advisor
-
birmingham highways 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 4 charges/mortgages relating to birmingham highways limited. Currently there are 2 open charges and 2 have been satisfied in the past.
birmingham highways limited Companies House Filings - See Documents
| date | description | view/download |
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