highbridge resourcing ltd
highbridge resourcing ltd Company Information
Company Number
10796302
Next Accounts
Feb 2025
Industry
Temporary employment agency activities
Shareholders
alison kay roberson
stephen roberson
Group Structure
View All
Contact
Registered Address
st james house, 65 mere green road, sutton coldfield, west midlands, B75 5BY
Website
highbridgeresourcing.co.ukhighbridge resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGHBRIDGE RESOURCING LTD at £180k based on a Turnover of £1.2m and 0.15x industry multiple (adjusted for size and gross margin).
highbridge resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGHBRIDGE RESOURCING LTD at £976k based on an EBITDA of £344.8k and a 2.83x industry multiple (adjusted for size and gross margin).
highbridge resourcing ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGHBRIDGE RESOURCING LTD at £1.1m based on Net Assets of £663.7k and 1.64x industry multiple (adjusted for liquidity).
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Highbridge Resourcing Ltd Overview
Highbridge Resourcing Ltd is a live company located in sutton coldfield, B75 5BY with a Companies House number of 10796302. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in May 2017, it's largest shareholder is alison kay roberson with a 50% stake. Highbridge Resourcing Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.
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Highbridge Resourcing Ltd Health Check
Pomanda's financial health check has awarded Highbridge Resourcing Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £1.2m, make it smaller than the average company (£13.8m)
- Highbridge Resourcing Ltd
£13.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 59%, show it is growing at a faster rate (3.9%)
- Highbridge Resourcing Ltd
3.9% - Industry AVG
Production
with a gross margin of 18.1%, this company has a comparable cost of product (18.1%)
- Highbridge Resourcing Ltd
18.1% - Industry AVG
Profitability
an operating margin of 29.5% make it more profitable than the average company (2.7%)
- Highbridge Resourcing Ltd
2.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (50)
2 - Highbridge Resourcing Ltd
50 - Industry AVG
Pay Structure
on an average salary of £49.5k, the company has an equivalent pay structure (£49.5k)
- Highbridge Resourcing Ltd
£49.5k - Industry AVG
Efficiency
resulting in sales per employee of £583.9k, this is more efficient (£272.8k)
- Highbridge Resourcing Ltd
£272.8k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is near the average (47 days)
- Highbridge Resourcing Ltd
47 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is slower than average (4 days)
- Highbridge Resourcing Ltd
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Highbridge Resourcing Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 88 weeks, this is more cash available to meet short term requirements (5 weeks)
88 weeks - Highbridge Resourcing Ltd
5 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.1%, this is a lower level of debt than the average (75.1%)
29.1% - Highbridge Resourcing Ltd
75.1% - Industry AVG
HIGHBRIDGE RESOURCING LTD financials
Highbridge Resourcing Ltd's latest turnover from May 2023 is estimated at £1.2 million and the company has net assets of £663.7 thousand. According to their latest financial statements, Highbridge Resourcing Ltd has 2 employees and maintains cash reserves of £461.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Turnover | ||||||
| Other Income Or Grants | ||||||
| Cost Of Sales | ||||||
| Gross Profit | ||||||
| Admin Expenses | ||||||
| Operating Profit | ||||||
| Interest Payable | ||||||
| Interest Receivable | ||||||
| Pre-Tax Profit | ||||||
| Tax | ||||||
| Profit After Tax | ||||||
| Dividends Paid | ||||||
| Retained Profit | ||||||
| Employee Costs | ||||||
| Number Of Employees | 2 | 2 | 2 | 2 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 944 | 1,040 | 1,258 | 324 | 144 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 266,848 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 267,792 | 1,040 | 1,258 | 324 | 144 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 125,144 | 117,806 | 18,172 | 15,297 | 17,607 | 24,641 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 82,146 | 19,652 | 33,974 | 29,395 | 13,454 | 0 |
| Cash | 461,436 | 459,216 | 321,586 | 204,876 | 94,924 | 30,553 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 668,726 | 596,674 | 373,732 | 249,568 | 125,985 | 55,194 |
| total assets | 936,518 | 597,714 | 374,990 | 249,892 | 126,129 | 55,194 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,962 | 49,934 | 18,963 | 7,755 | 813 | 30,315 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 231,637 | 157,603 | 130,185 | 127,095 | 77,051 | 0 |
| total current liabilities | 272,599 | 207,537 | 149,148 | 134,850 | 77,864 | 30,315 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 236 | 198 | 239 | 62 | 27 | 0 |
| total long term liabilities | 236 | 198 | 239 | 62 | 27 | 0 |
| total liabilities | 272,835 | 207,735 | 149,387 | 134,912 | 77,891 | 30,315 |
| net assets | 663,683 | 389,979 | 225,603 | 114,980 | 48,238 | 24,879 |
| total shareholders funds | 663,683 | 389,979 | 225,603 | 114,980 | 48,238 | 24,879 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 562 | 488 | 354 | 69 | 22 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 69,832 | 85,312 | 7,454 | 13,631 | 6,420 | 24,641 |
| Creditors | -8,972 | 30,971 | 11,208 | 6,942 | -29,502 | 30,315 |
| Accruals and Deferred Income | 74,034 | 27,418 | 3,090 | 50,044 | 77,051 | 0 |
| Deferred Taxes & Provisions | 38 | -41 | 177 | 35 | 27 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | 266,848 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 2,220 | 137,630 | 116,710 | 109,952 | 64,371 | 30,553 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 2,220 | 137,630 | 116,710 | 109,952 | 64,371 | 30,553 |
highbridge resourcing ltd Credit Report and Business Information
Highbridge Resourcing Ltd Competitor Analysis
Perform a competitor analysis for highbridge resourcing ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B75 area or any other competitors across 12 key performance metrics.
highbridge resourcing ltd Ownership
HIGHBRIDGE RESOURCING LTD group structure
Highbridge Resourcing Ltd has no subsidiary companies.
Ultimate parent company
HIGHBRIDGE RESOURCING LTD
10796302
highbridge resourcing ltd directors
Highbridge Resourcing Ltd currently has 2 directors. The longest serving directors include Mr Stephen Roberson (May 2017) and Mrs Alison Roberson (May 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Roberson | England | 46 years | May 2017 | - | Director |
| Mrs Alison Roberson | England | 47 years | May 2021 | - | Director |
P&L
May 2023turnover
1.2m
-12%
operating profit
344.2k
0%
gross margin
18.1%
+8.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
663.7k
+0.7%
total assets
936.5k
+0.57%
cash
461.4k
0%
net assets
Total assets minus all liabilities
highbridge resourcing ltd company details
company number
10796302
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
May 2017
age
7
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
st james house, 65 mere green road, sutton coldfield, west midlands, B75 5BY
Bank
-
Legal Advisor
-
highbridge resourcing 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 3 charges/mortgages relating to highbridge resourcing ltd. Currently there are 1 open charges and 2 have been satisfied in the past.
highbridge resourcing ltd Companies House Filings - See Documents
| date | description | view/download |
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