higham systems compliance limited

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higham systems compliance limited Company Information

Share HIGHAM SYSTEMS COMPLIANCE LIMITED

Company Number

08237660

Shareholders

samantha devereaux

Group Structure

View All

Industry

Other business support service activities n.e.c.

 

Registered Address

89 wharf road, higham ferrers, rushden, northamptonshire, NN10 8BH

higham systems compliance limited Estimated Valuation

£24.1k

Pomanda estimates the enterprise value of HIGHAM SYSTEMS COMPLIANCE LIMITED at £24.1k based on a Turnover of £59.7k and 0.4x industry multiple (adjusted for size and gross margin).

higham systems compliance limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HIGHAM SYSTEMS COMPLIANCE LIMITED at £0 based on an EBITDA of £-3.7k and a 2.91x industry multiple (adjusted for size and gross margin).

higham systems compliance limited Estimated Valuation

£16.3k

Pomanda estimates the enterprise value of HIGHAM SYSTEMS COMPLIANCE LIMITED at £16.3k based on Net Assets of £7.1k and 2.3x industry multiple (adjusted for liquidity).

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Higham Systems Compliance Limited Overview

Higham Systems Compliance Limited is a live company located in rushden, NN10 8BH with a Companies House number of 08237660. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2012, it's largest shareholder is samantha devereaux with a 100% stake. Higham Systems Compliance Limited is a established, micro sized company, Pomanda has estimated its turnover at £59.7k with declining growth in recent years.

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Higham Systems Compliance Limited Health Check

Pomanda's financial health check has awarded Higham Systems Compliance Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

2 Regular

positive_score

7 Weak

size

Size

annual sales of £59.7k, make it smaller than the average company (£3.9m)

£59.7k - Higham Systems Compliance Limited

£3.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (5.3%)

-13% - Higham Systems Compliance Limited

5.3% - Industry AVG

production

Production

with a gross margin of 17.4%, this company has a higher cost of product (37.8%)

17.4% - Higham Systems Compliance Limited

37.8% - Industry AVG

profitability

Profitability

an operating margin of -6.2% make it less profitable than the average company (6%)

-6.2% - Higham Systems Compliance Limited

6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (24)

1 - Higham Systems Compliance Limited

24 - Industry AVG

paystructure

Pay Structure

on an average salary of £48.5k, the company has an equivalent pay structure (£48.5k)

£48.5k - Higham Systems Compliance Limited

£48.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £59.7k, this is less efficient (£154.7k)

£59.7k - Higham Systems Compliance Limited

£154.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 97 days, this is later than average (41 days)

97 days - Higham Systems Compliance Limited

41 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 70 days, this is slower than average (33 days)

70 days - Higham Systems Compliance Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Higham Systems Compliance Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Higham Systems Compliance Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 57.1%, this is a similar level of debt than the average (61.5%)

57.1% - Higham Systems Compliance Limited

61.5% - Industry AVG

HIGHAM SYSTEMS COMPLIANCE LIMITED financials

EXPORTms excel logo

Higham Systems Compliance Limited's latest turnover from September 2023 is estimated at £59.7 thousand and the company has net assets of £7.1 thousand. According to their latest financial statements, Higham Systems Compliance Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Turnover59,71459,94370,63989,211105,091144,114140,40372,76652,64475,16556,144
Other Income Or Grants
Cost Of Sales49,33249,81559,81474,25887,504119,923116,31259,89943,76462,84946,753
Gross Profit10,38210,12710,82514,95217,58724,19124,09112,8678,88012,3159,391
Admin Expenses14,07615,85422,17928,63733,41326,78735,73333,808-13,962-51,184-20,749
Operating Profit-3,694-5,727-11,354-13,685-15,826-2,596-11,642-20,94122,84263,49930,140
Interest Payable
Interest Receivable8520644427977
Pre-Tax Profit-3,694-5,727-11,354-13,685-15,826-2,596-11,557-20,73523,28663,77730,217
Tax-4,657-13,393-6,950
Profit After Tax-3,694-5,727-11,354-13,685-15,826-2,596-11,557-20,73518,62950,38423,267
Dividends Paid
Retained Profit-3,694-5,727-11,354-13,685-15,826-2,596-11,557-20,73518,62950,38423,267
Employee Costs48,54345,86543,10741,93141,69839,28937,95838,04737,88137,62837,014
Number Of Employees11111111111
EBITDA*-3,694-5,727-11,354-13,685-15,826-2,596-11,642-20,18923,86763,72930,215

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Tangible Assets6348551,1581,2541,4562,0191,5462,0992,8513,876175
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets6348551,1581,2541,4562,0191,5462,0992,8513,876175
Stock & work in progress
Trade Debtors15,93418,62325,02034,33245,45867,13166,44418,95110,50614,90211,029
Group Debtors
Misc Debtors52
Cash67,67997,07880,68730,739
misc current assets
total current assets15,93418,62325,02034,33245,45867,13166,44486,630107,63695,58941,768
total assets16,56819,47826,17835,58646,91469,15067,99088,729110,48799,46541,943
Bank overdraft
Bank loan
Trade Creditors 9,4628,6789,6517,7055,34811,7588,00217,08418,10725,71418,576
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities9,4628,6789,6517,7055,34811,7588,00217,08418,10725,71418,576
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities9,4628,6789,6517,7055,34811,7588,00217,08418,10725,71418,576
net assets7,10610,80016,52727,88141,56657,39259,98871,64592,38073,75123,367
total shareholders funds7,10610,80016,52727,88141,56657,39259,98871,64592,38073,75123,367
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013
Operating Activities
Operating Profit-3,694-5,727-11,354-13,685-15,826-2,596-11,642-20,94122,84263,49930,140
Depreciation7521,02523075
Amortisation
Tax-4,657-13,393-6,950
Stock
Debtors-2,689-6,397-9,312-11,126-21,67368747,4938,393-4,3443,87311,029
Creditors784-9731,9462,357-6,4103,756-9,082-1,023-7,6077,13818,576
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-221-303-96-202-563473-68,217-29,60515,94753,60130,812
Investing Activities
capital expenditure22130396202563-473553-3,931-250
Change in Investments
cash flow from investments22130396202563-473553-3,931-250
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-100100
interest8520644427977
cash flow from financing-15206444279177
cash and cash equivalents
cash-67,679-29,39916,39149,94830,739
overdraft
change in cash-67,679-29,39916,39149,94830,739

higham systems compliance limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Higham Systems Compliance Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for higham systems compliance limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in NN10 area or any other competitors across 12 key performance metrics.

higham systems compliance limited Ownership

HIGHAM SYSTEMS COMPLIANCE LIMITED group structure

Higham Systems Compliance Limited has no subsidiary companies.

Ultimate parent company

HIGHAM SYSTEMS COMPLIANCE LIMITED

08237660

HIGHAM SYSTEMS COMPLIANCE LIMITED Shareholders

samantha devereaux 100%

higham systems compliance limited directors

Higham Systems Compliance Limited currently has 1 director, Mrs Samantha Devereaux serving since Oct 2012.

officercountryagestartendrole
Mrs Samantha DevereauxUnited Kingdom58 years Oct 2012- Director

P&L

September 2023

turnover

59.7k

0%

operating profit

-3.7k

0%

gross margin

17.4%

+2.91%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

7.1k

-0.34%

total assets

16.6k

-0.15%

cash

0

0%

net assets

Total assets minus all liabilities

higham systems compliance limited company details

company number

08237660

Type

Private limited with Share Capital

industry

82990 - Other business support service activities n.e.c.

incorporation date

October 2012

age

13

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

September 2023

previous names

N/A

accountant

-

auditor

-

address

89 wharf road, higham ferrers, rushden, northamptonshire, NN10 8BH

Bank

-

Legal Advisor

-

higham systems compliance 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 did not find charges/mortgages relating to higham systems compliance limited.

higham systems compliance 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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higham systems compliance limited Companies House Filings - See Documents

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