equitix highways ltd
equitix highways ltd Company Information
Company Number
07119938
Website
www.equitix.co.ukRegistered Address
3rd floor, south building, 200 aldersgate street, london, EC1A 4HD
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Telephone
02072507333
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
equitix capital eurobond ltd 100%
equitix highways ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUITIX HIGHWAYS LTD at £198.1k based on a Turnover of £165k and 1.2x industry multiple (adjusted for size and gross margin).
equitix highways ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUITIX HIGHWAYS LTD at £2.4m based on an EBITDA of £532k and a 4.48x industry multiple (adjusted for size and gross margin).
equitix highways ltd Estimated Valuation
Pomanda estimates the enterprise value of EQUITIX HIGHWAYS LTD at £127.7k based on Net Assets of £249k and 0.51x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Equitix Highways Ltd Overview
Equitix Highways Ltd is a live company located in london, EC1A 4HD with a Companies House number of 07119938. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in January 2010, it's largest shareholder is equitix capital eurobond ltd with a 100% stake. Equitix Highways Ltd is a established, micro sized company, Pomanda has estimated its turnover at £165k with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Equitix Highways Ltd Health Check
Pomanda's financial health check has awarded Equitix Highways Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 5 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
5 Weak
Size
annual sales of £165k, make it smaller than the average company (£19.3m)
£165k - Equitix Highways Ltd
£19.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.1%)
6% - Equitix Highways Ltd
10.1% - Industry AVG
Production
with a gross margin of 36%, this company has a comparable cost of product (36%)
36% - Equitix Highways Ltd
36% - Industry AVG
Profitability
an operating margin of 322.4% make it more profitable than the average company (4.6%)
322.4% - Equitix Highways Ltd
4.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (109)
- Equitix Highways Ltd
109 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Equitix Highways Ltd
- - Industry AVG
Efficiency
resulting in sales per employee of £165k, this is equally as efficient (£191k)
- Equitix Highways Ltd
£191k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Equitix Highways Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Equitix Highways Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Equitix Highways Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (14 weeks)
4 weeks - Equitix Highways Ltd
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 92.5%, this is a higher level of debt than the average (69.7%)
92.5% - Equitix Highways Ltd
69.7% - Industry AVG
EQUITIX HIGHWAYS LTD financials
Equitix Highways Ltd's latest turnover from December 2023 is £165 thousand and the company has net assets of £249 thousand. According to their latest financial statements, we estimate that Equitix Highways Ltd has 1 employee and maintains cash reserves of £111 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 165,000 | 170,000 | 0 | 137,000 | 0 | 80,000 | 76,000 | 74,000 | 73,000 | 45,000 | 44,000 | 43,000 | 40,811 | 35,811 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Cost Of Sales | 60,000 | 53,000 | 71,000 | 67,000 | 40,000 | 39,000 | 37,000 | 35,828 | 31,658 | |||||
| Gross Profit | 20,000 | 23,000 | 3,000 | 6,000 | 5,000 | 5,000 | 6,000 | 4,983 | 4,153 | |||||
| Admin Expenses | 51,000 | -609,000 | 1,048,000 | -1,164,000 | -319,000 | -71,000 | -137,000 | 279,332 | 229,828 | |||||
| Operating Profit | 532,000 | 99,000 | 84,000 | 247,000 | 123,000 | -31,000 | 632,000 | -1,045,000 | 1,170,000 | 324,000 | 76,000 | 143,000 | -274,349 | -225,675 |
| Interest Payable | 165,000 | 157,000 | 129,000 | 137,000 | 164,000 | 152,000 | 168,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 367,000 | -58,000 | -45,000 | 110,000 | -41,000 | -183,000 | 464,000 | -1,279,000 | 965,000 | 324,000 | 76,000 | 143,000 | -274,349 | -225,675 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,000 | 61,000 | 96,000 | 0 | 0 |
| Profit After Tax | 367,000 | -58,000 | -45,000 | 110,000 | -41,000 | -183,000 | 464,000 | -1,279,000 | 965,000 | 386,000 | 137,000 | 239,000 | -274,349 | -225,675 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 910,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 367,000 | -58,000 | -45,000 | 110,000 | -41,000 | -183,000 | -446,000 | -1,279,000 | 965,000 | 386,000 | 137,000 | 239,000 | -274,349 | -225,675 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 532,000 | 99,000 | 84,000 | 247,000 | 123,000 | -31,000 | 632,000 | -1,045,000 | 1,170,000 | 324,000 | 76,000 | 143,000 | -274,349 | -225,675 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,044,000 | 2,554,000 | 2,487,000 | 2,393,000 | 2,328,000 | 2,652,000 | 2,982,000 | 4,308,000 | 5,085,000 | 4,021,000 | 1,373,000 | 1,037,000 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 3,044,000 | 2,554,000 | 2,487,000 | 2,393,000 | 2,328,000 | 2,410,000 | 2,740,000 | 3,157,000 | 5,085,000 | 4,021,000 | 1,373,000 | 1,037,000 | 22,500 | 22,500 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 242,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 3,044,000 | 2,554,000 | 2,487,000 | 2,393,000 | 2,328,000 | 2,652,000 | 2,982,000 | 4,308,000 | 5,085,000 | 4,021,000 | 1,373,000 | 1,037,000 | 22,500 | 22,500 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,868 | 5,625 |
| Group Debtors | 0 | 0 | 0 | 302,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 |
| Misc Debtors | 144,000 | 308,000 | 172,000 | 0 | 381,000 | 366,000 | 205,000 | 286,000 | 152,000 | 133,000 | 169,000 | 103,000 | 0 | 0 |
| Cash | 111,000 | 70,000 | 36,000 | 45,000 | 8,000 | 15,000 | 53,000 | 5,000 | 79,000 | 33,000 | 39,000 | 40,000 | 15,346 | 10,515 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 255,000 | 378,000 | 208,000 | 347,000 | 389,000 | 381,000 | 258,000 | 291,000 | 231,000 | 166,000 | 208,000 | 143,000 | 23,216 | 16,141 |
| total assets | 3,299,000 | 2,932,000 | 2,695,000 | 2,740,000 | 2,717,000 | 3,033,000 | 3,240,000 | 4,599,000 | 5,316,000 | 4,187,000 | 1,581,000 | 1,180,000 | 45,716 | 38,641 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,348,000 | 1,348,000 | 1,348,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 24,853 | 28,125 |
| other short term finances | 0 | 0 | 0 | 0 | 1,348,000 | 1,348,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 51,000 | 51,000 | 49,000 | 1,397,000 | 128,000 | 136,000 | 124,000 | 83,000 | 92,000 | 1,261,000 | 1,085,000 | 40,000 | 15,360 | 6,405 |
| total current liabilities | 1,399,000 | 1,399,000 | 1,397,000 | 1,397,000 | 1,476,000 | 1,484,000 | 124,000 | 83,000 | 92,000 | 1,261,000 | 1,085,000 | 40,000 | 40,213 | 34,530 |
| loans | 1,651,000 | 1,651,000 | 1,358,000 | 2,716,000 | 2,732,000 | 1,633,000 | 3,017,000 | 3,971,000 | 3,400,000 | 2,067,000 | 23,000 | 23,000 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 505,526 | 229,785 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 781,000 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,651,000 | 1,651,000 | 1,358,000 | 1,358,000 | 1,366,000 | 1,633,000 | 3,017,000 | 3,971,000 | 3,400,000 | 2,067,000 | 23,000 | 804,000 | 505,526 | 229,785 |
| total liabilities | 3,050,000 | 3,050,000 | 2,755,000 | 2,755,000 | 2,842,000 | 3,117,000 | 3,141,000 | 4,054,000 | 3,492,000 | 3,328,000 | 1,108,000 | 844,000 | 545,739 | 264,315 |
| net assets | 249,000 | -118,000 | -60,000 | -15,000 | -125,000 | -84,000 | 99,000 | 545,000 | 1,824,000 | 859,000 | 473,000 | 336,000 | -500,023 | -225,674 |
| total shareholders funds | 249,000 | -118,000 | -60,000 | -15,000 | -125,000 | -84,000 | 99,000 | 545,000 | 1,824,000 | 859,000 | 473,000 | 336,000 | -500,023 | -225,674 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 532,000 | 99,000 | 84,000 | 247,000 | 123,000 | -31,000 | 632,000 | -1,045,000 | 1,170,000 | 324,000 | 76,000 | 143,000 | -274,349 | -225,675 |
| Depreciation | 0 | 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 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 62,000 | 61,000 | 96,000 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -164,000 | 136,000 | -130,000 | -79,000 | 15,000 | -81,000 | 161,000 | 134,000 | 19,000 | -36,000 | 66,000 | 95,130 | 2,244 | 5,626 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 2,000 | -1,348,000 | 1,269,000 | -8,000 | 12,000 | 41,000 | -9,000 | -1,169,000 | 176,000 | 1,045,000 | -480,886 | 284,696 | 236,190 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 696,000 | -35,000 | -1,134,000 | 1,595,000 | 100,000 | 62,000 | 512,000 | -1,188,000 | -18,000 | 598,000 | 1,116,000 | -337,016 | 8,103 | 4,889 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 490,000 | 67,000 | 94,000 | 65,000 | -82,000 | -330,000 | -417,000 | -1,928,000 | 1,064,000 | 2,648,000 | 336,000 | 1,014,500 | 0 | 22,500 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 1,348,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -24,853 | -3,272 | 28,125 |
| Other Short Term Loans | 0 | 0 | 0 | -1,348,000 | 0 | 1,348,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 293,000 | -1,358,000 | -16,000 | 1,099,000 | -1,384,000 | -954,000 | 571,000 | 1,333,000 | 2,044,000 | 0 | 23,000 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -781,000 | 781,000 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -165,000 | -157,000 | -129,000 | -137,000 | -164,000 | -152,000 | -168,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | -165,000 | 136,000 | -139,000 | -1,501,000 | 935,000 | -188,000 | -1,122,000 | 571,000 | 1,333,000 | 2,044,000 | -781,000 | 1,376,170 | -3,272 | 28,126 |
| cash and cash equivalents | ||||||||||||||
| cash | 41,000 | 34,000 | -9,000 | 37,000 | -7,000 | -38,000 | 48,000 | -74,000 | 46,000 | -6,000 | -1,000 | 24,654 | 4,831 | 10,515 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 41,000 | 34,000 | -9,000 | 37,000 | -7,000 | -38,000 | 48,000 | -74,000 | 46,000 | -6,000 | -1,000 | 24,654 | 4,831 | 10,515 |
equitix highways ltd Credit Report and Business Information
Equitix Highways Ltd Competitor Analysis
Perform a competitor analysis for equitix highways ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in EC1A area or any other competitors across 12 key performance metrics.
equitix highways ltd Ownership
EQUITIX HIGHWAYS LTD group structure
Equitix Highways Ltd has 1 subsidiary company.
Ultimate parent company
2 parents
EQUITIX HIGHWAYS LTD
07119938
1 subsidiary
equitix highways ltd directors
Equitix Highways Ltd currently has 3 directors. The longest serving directors include Ms Ffion Boshell (Nov 2021) and Mr Robert Gillespie (Mar 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Ffion Boshell | United Kingdom | 46 years | Nov 2021 | - | Director |
| Mr Robert Gillespie | United Kingdom | 34 years | Mar 2023 | - | Director |
| Sanil Waghela | United Kingdom | 33 years | Mar 2023 | - | Director |
P&L
December 2023turnover
165k
-3%
operating profit
532k
+437%
gross margin
36%
-0.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
249k
-3.11%
total assets
3.3m
+0.13%
cash
111k
+0.59%
net assets
Total assets minus all liabilities
equitix highways ltd company details
company number
07119938
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
January 2010
age
14
incorporated
UK
accounts
Full Accounts
ultimate parent company
previous names
N/A
last accounts submitted
December 2023
address
3rd floor, south building, 200 aldersgate street, london, EC1A 4HD
accountant
-
auditor
KPMG LLP
equitix highways ltd 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 5 charges/mortgages relating to equitix highways ltd. Currently there are 1 open charges and 4 have been satisfied in the past.
equitix highways ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
