national highways limited
national highways limited Company Information
Company Number
09346363
Website
highwaysengland.co.ukRegistered Address
bridge house, 1 walnut tree close, guildford, surrey, GU1 4LZ
Industry
Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
Specialised construction activities (other than scaffold erection) n.e.c.
Telephone
03001235000
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
secretary of state for transport 100%
national highways limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL HIGHWAYS LIMITED at £0 based on a Turnover of £0 and 0.45x industry multiple (adjusted for size and gross margin).
national highways limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL HIGHWAYS LIMITED at £0 based on an EBITDA of £-2b and a 3.88x industry multiple (adjusted for size and gross margin).
national highways limited Estimated Valuation
Pomanda estimates the enterprise value of NATIONAL HIGHWAYS LIMITED at £372.9b based on Net Assets of £155.2b and 2.4x industry multiple (adjusted for liquidity).
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National Highways Limited Overview
National Highways Limited is a live company located in guildford, GU1 4LZ with a Companies House number of 09346363. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in December 2014, it's largest shareholder is secretary of state for transport with a 100% stake. National Highways Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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National Highways Limited Health Check
Pomanda's financial health check has awarded National Highways Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 1 areas for improvement. Company Health Check FAQs
3 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- National Highways Limited
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- - National Highways Limited
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- - National Highways Limited
- - Industry AVG
Employees
with 6718 employees, this is above the industry average (25)
- - National Highways Limited
- - Industry AVG
Pay Structure
on an average salary of £26.6k, the company has a lower pay structure (£40.2k)
- - National Highways Limited
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - National Highways Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
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- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (48 weeks)
- - National Highways Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (49.1%)
- - National Highways Limited
- - Industry AVG
NATIONAL HIGHWAYS LIMITED financials
National Highways Limited's latest turnover from March 2024 is 0 and the company has net assets of £155.2 billion. According to their latest financial statements, National Highways Limited has 6,718 employees and maintains cash reserves of £1.7 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Turnover | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income Or Grants | |||||||||
| Cost Of Sales | |||||||||
| Gross Profit | |||||||||
| Admin Expenses | |||||||||
| Operating Profit | |||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 109,001,000 | 118,530,000 | 123,190,000 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,495,788,000 | -2,574,177,000 | 2,365,708,000 | 2,312,328,000 | 2,468,315,000 | -2,389,725,000 | 2,737,792,000 | 2,205,393,000 | 1,995,951,000 |
| Tax | 0 | 0 | 0 | 0 | -75,000 | -2,000 | 136,000 | -153,000 | 570,000 |
| Profit After Tax | -3,495,788,000 | -2,574,177,000 | 2,365,708,000 | 2,312,328,000 | 2,468,240,000 | -2,389,727,000 | 2,737,928,000 | 2,205,240,000 | 1,996,521,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,495,788,000 | -2,574,177,000 | 2,365,708,000 | 2,312,328,000 | 2,468,240,000 | -2,389,727,000 | 2,737,928,000 | 2,205,240,000 | 1,996,521,000 |
| Employee Costs | 178,429,000 | 160,388,000 | 154,182,000 | 160,527,000 | 157,512,000 | 150,233,000 | 131,082,000 | 120,458,000 | 112,855,000 |
| Number Of Employees | 6,718 | 6,070 | 6,012 | 5,810 | 5,712 | 5,429 | 4,911 | 4,122 | 3,831 |
| EBITDA* |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 157,406,843,000 | 157,039,911,000 | 143,870,528,000 | 132,507,308,000 | 126,168,821,000 | 120,643,411,000 | 115,277,787,000 | 113,099,898,000 | 108,792,117,000 |
| Intangible Assets | 43,463,000 | 33,135,000 | 33,719,000 | 10,080,000 | 14,998,000 | 20,011,000 | 1,176,000 | 2,062,000 | 2,014,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 5,330,000 | 7,661,000 | 10,476,000 | 10,567,000 | 10,569,000 | 11,854,000 | 9,155,000 | 19,139,000 | 9,784,000 |
| Total Fixed Assets | 157,450,306,000 | 157,073,046,000 | 143,904,247,000 | 132,517,388,000 | 126,183,819,000 | 120,663,422,000 | 115,278,963,000 | 113,101,960,000 | 108,794,131,000 |
| Stock & work in progress | 59,577,000 | 49,006,000 | 31,440,000 | 40,545,000 | 49,205,000 | 46,991,000 | 36,923,000 | 35,304,000 | 31,598,000 |
| Trade Debtors | 9,226,000 | 14,461,000 | 26,730,000 | 79,868,000 | 25,694,000 | 8,351,000 | 19,701,000 | 4,526,000 | 41,995,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 313,439,000 | 244,370,000 | 101,415,000 | 168,145,000 | 246,724,000 | 164,621,000 | 207,652,000 | 152,130,000 | 137,627,000 |
| Cash | 1,700,000 | 0 | 39,845,000 | 0 | 762,000 | 16,395,000 | 18,722,000 | 39,446,000 | 22,922,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 16,270,000 | 21,891,000 | 16,366,000 | 8,955,000 |
| total current assets | 391,494,000 | 318,553,000 | 317,489,000 | 298,213,000 | 334,347,000 | 252,628,000 | 304,889,000 | 247,772,000 | 243,097,000 |
| total assets | 157,841,800,000 | 157,391,599,000 | 144,221,736,000 | 132,815,601,000 | 126,518,166,000 | 120,916,050,000 | 115,583,852,000 | 113,349,732,000 | 109,037,228,000 |
| Bank overdraft | 0 | 28,025,000 | 0 | 13,417,000 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 95,885,000 | 81,278,000 | 44,013,000 | 63,037,000 | 73,158,000 | 48,005,000 | 38,716,000 | 35,819,000 | 45,704,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 11,243,000 | 17,184,000 | 7,721,000 | 6,232,000 | 11,645,000 | 0 | 0 | 0 | 0 |
| other current liabilities | 1,165,771,000 | 1,096,795,000 | 1,128,557,000 | 1,175,516,000 | 992,142,000 | 924,127,000 | 848,299,000 | 785,227,000 | 643,157,000 |
| total current liabilities | 1,272,899,000 | 1,223,282,000 | 1,180,291,000 | 1,258,202,000 | 1,076,945,000 | 972,132,000 | 887,015,000 | 821,046,000 | 688,861,000 |
| loans | 74,152,000 | 90,580,000 | 92,236,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 37,076,000 | 45,290,000 | 46,118,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 34,816,000 | 36,017,000 | 0 | 0 | 0 | 37,119,000 | 28,386,000 | 19,611,000 | 0 |
| other liabilities | 971,642,000 | 1,075,887,000 | 1,173,817,000 | 1,350,332,000 | 1,426,437,000 | 1,367,124,000 | 1,454,412,000 | 1,527,550,000 | 1,612,253,000 |
| provisions | 658,892,000 | 490,812,000 | 432,758,000 | 464,926,000 | 251,424,000 | 287,334,000 | 178,676,000 | 210,176,000 | 183,928,000 |
| total long term liabilities | 1,372,980,000 | 1,402,600,000 | 1,436,314,000 | 1,582,795,000 | 1,552,149,000 | 1,547,910,000 | 1,572,136,000 | 1,652,249,000 | 1,704,217,000 |
| total liabilities | 2,645,879,000 | 2,625,882,000 | 2,616,605,000 | 2,840,997,000 | 2,629,094,000 | 2,520,042,000 | 2,459,151,000 | 2,473,295,000 | 2,393,078,000 |
| net assets | 155,195,921,000 | 154,765,717,000 | 141,605,131,000 | 129,974,604,000 | 123,889,072,000 | 118,396,008,000 | 113,124,701,000 | 110,876,437,000 | 106,644,150,000 |
| total shareholders funds | 155,195,921,000 | 154,765,717,000 | 141,605,131,000 | 129,974,604,000 | 123,889,072,000 | 118,396,008,000 | 113,124,701,000 | 110,876,437,000 | 106,644,150,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | 1,500,309,000 | 1,198,369,000 | 1,010,967,000 | 1,009,136,000 | 1,166,584,000 | 1,206,560,000 | 1,411,732,000 | 1,185,607,000 | 912,736,000 |
| Amortisation | 8,126,000 | 8,148,000 | 6,520,000 | 5,013,000 | 5,013,000 | 5,484,000 | 1,158,000 | 2,586,000 | 498,000 |
| Tax | 0 | 0 | 0 | 0 | -75,000 | -2,000 | 136,000 | -153,000 | 570,000 |
| Stock | 10,571,000 | 17,566,000 | -9,105,000 | -8,660,000 | 2,214,000 | 10,068,000 | 1,619,000 | 3,706,000 | 31,598,000 |
| Debtors | 61,503,000 | 127,871,000 | -119,959,000 | -24,407,000 | 98,161,000 | -51,682,000 | 60,713,000 | -13,611,000 | 189,406,000 |
| Creditors | 14,607,000 | 37,265,000 | -19,024,000 | -10,121,000 | 25,153,000 | 9,289,000 | 2,897,000 | -9,885,000 | 45,704,000 |
| Accruals and Deferred Income | 67,775,000 | 4,255,000 | -46,959,000 | 183,374,000 | 30,896,000 | 84,561,000 | 71,847,000 | 161,681,000 | 643,157,000 |
| Deferred Taxes & Provisions | 168,080,000 | 58,054,000 | -32,168,000 | 213,502,000 | -35,910,000 | 108,658,000 | -31,500,000 | 26,248,000 | 183,928,000 |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -16,428,000 | -1,656,000 | 92,236,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -14,155,000 | 8,635,000 | 47,607,000 | -5,413,000 | 11,645,000 | 0 | 0 | 0 | 0 |
| other long term liabilities | -104,245,000 | -97,930,000 | -176,515,000 | -76,105,000 | 59,313,000 | -87,288,000 | -73,138,000 | -84,703,000 | 1,612,253,000 |
| share issue | |||||||||
| interest | 0 | 0 | 0 | 0 | 0 | -109,001,000 | -118,530,000 | -123,190,000 | 0 |
| cash flow from financing | 3,791,164,000 | 15,643,812,000 | 9,228,147,000 | 3,691,686,000 | 3,095,782,000 | 7,464,745,000 | -681,332,000 | 1,819,154,000 | 106,259,882,000 |
| cash and cash equivalents | |||||||||
| cash | 1,700,000 | -39,845,000 | 39,845,000 | -762,000 | -15,633,000 | -2,327,000 | -20,724,000 | 16,524,000 | 22,922,000 |
| overdraft | -28,025,000 | 28,025,000 | -13,417,000 | 13,417,000 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 29,725,000 | -67,870,000 | 53,262,000 | -14,179,000 | -15,633,000 | -2,327,000 | -20,724,000 | 16,524,000 | 22,922,000 |
national highways limited Credit Report and Business Information
National Highways Limited Competitor Analysis
Perform a competitor analysis for national highways limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other established companies, companies in GU1 area or any other competitors across 12 key performance metrics.
national highways limited Ownership
NATIONAL HIGHWAYS LIMITED group structure
National Highways Limited has 2 subsidiary companies.
Ultimate parent company
NATIONAL HIGHWAYS LIMITED
09346363
2 subsidiaries
national highways limited directors
National Highways Limited currently has 8 directors. The longest serving directors include Mrs Kathryn Cearns (Apr 2018) and Mrs Janette Beinart (Jan 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kathryn Cearns | 60 years | Apr 2018 | - | Director | |
| Mrs Janette Beinart | 68 years | Jan 2019 | - | Director | |
| Mr Nicholas Harris | United Kingdom | 59 years | Feb 2021 | - | Director |
| Mr Simon Blanchflower | 61 years | Mar 2023 | - | Director | |
| Mrs Sukhvinder Johal | United Kingdom | 51 years | Jun 2023 | - | Director |
| Mr Elliot Shaw | 46 years | Jan 2024 | - | Director | |
| Mr Scott Dale | 49 years | Mar 2024 | - | Director | |
| Sir Gareth Rhys Williams | England | 63 years | Apr 2024 | - | Director |
P&L
March 2024turnover
0
0%
operating profit
-3.5b
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
155.2b
0%
total assets
157.8b
0%
cash
1.7m
0%
net assets
Total assets minus all liabilities
national highways limited company details
company number
09346363
Type
Private limited with Share Capital
industry
71129 - Other engineering activities (not including engineering design for industrial process and production or engineering related scientific and technical consulting activities)
43999 - Specialised construction activities (other than scaffold erection) n.e.c.
84110 - General public administration activities
incorporation date
December 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
highways england company limited (September 2021)
accountant
-
auditor
COMPTROLLER AND AUDITOR GENERAL
address
bridge house, 1 walnut tree close, guildford, surrey, GU1 4LZ
Bank
-
Legal Advisor
-
national 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 did not find charges/mortgages relating to national highways limited.
national highways limited Companies House Filings - See Documents
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