Construction of other civil engineering projects n.e.c.
Registered Address
highfield farm jolly tar lane, coppull, chorley, PR7 4BJ
Website
-
highfield contracting limitedEstimated Valuation
£1.5m
Pomanda estimates the enterprise value of HIGHFIELD CONTRACTING LIMITED at £1.5m based on a Turnover of £5.3m and 0.28x industry multiple (adjusted for size and gross margin).
highfield contracting limitedEstimated Valuation
£31.4k
Pomanda estimates the enterprise value of HIGHFIELD CONTRACTING LIMITED at £31.4k based on an EBITDA of £8.6k and a 3.63x industry multiple (adjusted for size and gross margin).
highfield contracting limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HIGHFIELD CONTRACTING LIMITED at £0 based on Net Assets of £-64.1k and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Highfield Contracting LimitedOverview
Highfield Contracting Limited is a live company located in chorley, PR7 4BJ with a Companies House number of 14859025. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in May 2023, it's largest shareholder is
david armstrong
with a 100% stake. Highfield Contracting Limited is a startup,
mid sized company, Pomanda has estimated its turnover at
£5.3m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Highfield Contracting Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
2 Regular
7 Weak
Size
annual sales of £5.3m, make it smaller than the average company (£14.7m)
£5.3m - Highfield Contracting Limited
£14.7m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Highfield Contracting Limited
- - Industry AVG
Production
with a gross margin of 18%, this company has a comparable cost of product (18%)
18% - Highfield Contracting Limited
18% - Industry AVG
Profitability
an operating margin of -1.2% make it less profitable than the average company (5.7%)
-1.2% - Highfield Contracting Limited
5.7% - Industry AVG
Employees
with 9 employees, this is below the industry average (52)
9 - Highfield Contracting Limited
52 - Industry AVG
Pay Structure
on an average salary of £52.4k, the company has an equivalent pay structure (£52.4k)
£52.4k - Highfield Contracting Limited
£52.4k - Industry AVG
Efficiency
resulting in sales per employee of £587.7k, this is more efficient (£266.5k)
£587.7k - Highfield Contracting Limited
£266.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (53 days)
1 days - Highfield Contracting Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 29 days, this is quicker than average (36 days)
29 days - Highfield Contracting Limited
36 days - Industry AVG
Stock Days
it holds stock equivalent to 85 days, this is more than average (5 days)
85 days - Highfield Contracting Limited
5 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - Highfield Contracting Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 104%, this is a higher level of debt than the average (59.4%)
104% - Highfield Contracting Limited
59.4% - Industry AVG
HIGHFIELD CONTRACTING LIMITED financials
EXPORT
Highfield Contracting Limited's latest turnover from May 2024 is estimated at £5.3 million and the company has net assets of -£64.1 thousand. According to their latest financial statements, Highfield Contracting Limited has 9 employees and maintains cash reserves of £30.7 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
May 2024
Turnover
5,288,923
Other Income Or Grants
Cost Of Sales
4,335,747
Gross Profit
953,177
Admin Expenses
1,018,065
Operating Profit
-64,888
Interest Payable
Interest Receivable
806
Pre-Tax Profit
-64,082
Tax
Profit After Tax
-64,082
Dividends Paid
Retained Profit
-64,082
Employee Costs
471,277
Number Of Employees
9
EBITDA*
8,630
* Earnings Before Interest, Tax, Depreciation and Amortisation
May 2024
Tangible Assets
454,024
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
454,024
Stock & work in progress
1,010,000
Trade Debtors
22,999
Group Debtors
Misc Debtors
86,770
Cash
30,718
misc current assets
total current assets
1,150,487
total assets
1,604,511
Bank overdraft
Bank loan
Trade Creditors
349,335
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
948,720
total current liabilities
1,298,055
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
257,031
provisions
113,506
total long term liabilities
370,537
total liabilities
1,668,592
net assets
-64,081
total shareholders funds
-64,081
May 2024
Operating Activities
Operating Profit
-64,888
Depreciation
73,518
Amortisation
Tax
Stock
1,010,000
Debtors
109,769
Creditors
349,335
Accruals and Deferred Income
948,720
Deferred Taxes & Provisions
113,506
Cash flow from operations
300,422
Investing Activities
capital expenditure
-527,542
Change in Investments
cash flow from investments
-527,542
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
257,031
share issue
1
interest
806
cash flow from financing
257,838
cash and cash equivalents
cash
30,718
overdraft
change in cash
30,718
highfield contracting limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for highfield contracting limited. Get real-time insights into highfield contracting limited's credit score, group structure and payment trends.
Perform a competitor analysis for highfield contracting limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in PR7 area or any other competitors across 12 key performance metrics.
highfield contracting limited Ownership
HIGHFIELD CONTRACTING LIMITED group structure
Highfield Contracting Limited has no subsidiary companies.
Ultimate parent company
HIGHFIELD CONTRACTING LIMITED
14859025
HIGHFIELD CONTRACTING LIMITED Shareholders
The sole shareholder of Highfield Contracting Limited is David Armstrong.
david armstrong
100%
highfield contracting limited directors
Highfield Contracting Limited currently has 2 directors.
The longest serving directors include
Mr David Armstrong (May 2023) and
Mrs Emma Armstrong (Nov 2023).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2024
net assets
-64.1k
0%
total assets
1.6m
0%
cash
30.7k
0%
net assets
Total assets minus all liabilities
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highfield contracting limited company details
company number
14859025
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
May 2023
age
2
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
May 2024
previous names
N/A
accountant
-
auditor
-
address
highfield farm jolly tar lane, coppull, chorley, PR7 4BJ
Bank
-
Legal Advisor
-
highfield contracting 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 highfield contracting limited.
highfield contracting 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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highfield contracting limitedCompanies House Filings - See Documents
