highway management (city) holding limited
highway management (city) holding limited Company Information
Company Number
NI056489
Website
hmmjv.co.ukRegistered Address
unit 310 moat house, 54 bloomfield avenue, belfast, BT5 5AD
Industry
Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
Telephone
02890731133
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
bbgi (ni) ltd 100%
highway management (city) holding limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED at £10.1m based on a Turnover of £8.7m and 1.16x industry multiple (adjusted for size and gross margin).
highway management (city) holding limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED at £13.1m based on an EBITDA of £2.7m and a 4.8x industry multiple (adjusted for size and gross margin).
highway management (city) holding limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED at £8.4m based on Net Assets of £4.4m and 1.91x industry multiple (adjusted for liquidity).
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Highway Management (city) Holding Limited Overview
Highway Management (city) Holding Limited is a live company located in belfast, BT5 5AD with a Companies House number of NI056489. It operates in the financial intermediation not elsewhere classified sector, SIC Code 64999. Founded in September 2005, it's largest shareholder is bbgi (ni) ltd with a 100% stake. Highway Management (city) Holding Limited is a established, mid sized company, Pomanda has estimated its turnover at £8.7m with healthy growth in recent years.
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Highway Management (city) Holding Limited Health Check
Pomanda's financial health check has awarded Highway Management (City) Holding Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
4 Weak
Size
annual sales of £8.7m, make it larger than the average company (£4.6m)
£8.7m - Highway Management (city) Holding Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (3.2%)
6% - Highway Management (city) Holding Limited
3.2% - Industry AVG
Production
with a gross margin of 32.8%, this company has a higher cost of product (61.5%)
32.8% - Highway Management (city) Holding Limited
61.5% - Industry AVG
Profitability
an operating margin of 31.3% make it more profitable than the average company (10.8%)
31.3% - Highway Management (city) Holding Limited
10.8% - Industry AVG
Employees
with 39 employees, this is above the industry average (15)
- Highway Management (city) Holding Limited
15 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Highway Management (city) Holding Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £223.5k, this is equally as efficient (£227.8k)
- Highway Management (city) Holding Limited
£227.8k - Industry AVG
Debtor Days
it gets paid by customers after 103 days, this is later than average (30 days)
103 days - Highway Management (city) Holding Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (37 days)
11 days - Highway Management (city) Holding Limited
37 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Highway Management (city) Holding Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 45 weeks, this is average cash available to meet short term requirements (39 weeks)
45 weeks - Highway Management (city) Holding Limited
39 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 96.8%, this is a higher level of debt than the average (58.7%)
96.8% - Highway Management (city) Holding Limited
58.7% - Industry AVG
highway management (city) holding limited Credit Report and Business Information
Highway Management (city) Holding Limited Competitor Analysis
Perform a competitor analysis for highway management (city) holding limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
highway management (city) holding limited Ownership
HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED group structure
Highway Management (City) Holding Limited has 2 subsidiary companies.
Ultimate parent company
BBGI SICAV SA
#0060867
2 parents
HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED
NI056489
2 subsidiaries
highway management (city) holding limited directors
Highway Management (City) Holding Limited currently has 3 directors. The longest serving directors include Mr Martin Pugh (Oct 2005) and Mr Albert Naafs (May 2015).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Pugh | United Kingdom | 61 years | Oct 2005 | - | Director |
| Mr Albert Naafs | England | 59 years | May 2015 | - | Director |
| Mr Georgi Shopov | Northern Ireland | 41 years | Oct 2023 | - | Director |
HIGHWAY MANAGEMENT (CITY) HOLDING LIMITED financials
Highway Management (City) Holding Limited's latest turnover from December 2022 is £8.7 million and the company has net assets of £4.4 million. According to their latest financial statements, we estimate that Highway Management (City) Holding Limited has 39 employees and maintains cash reserves of £17.3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 8,718,000 | 7,774,000 | 8,607,000 | 7,327,000 | 7,338,000 | 6,354,000 | 8,095,000 | 6,189,000 | 5,385,000 | 4,799,000 | 8,334,000 | 7,839,000 | 8,155,000 | 7,905,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 5,858,000 | 6,023,000 | 6,538,000 | 5,507,000 | 5,572,000 | 4,922,000 | 6,671,000 | 5,048,000 | ||||||
| Gross Profit | 2,860,000 | 1,751,000 | 2,069,000 | 1,820,000 | 1,766,000 | 1,432,000 | 1,424,000 | 1,141,000 | ||||||
| Admin Expenses | 135,000 | 190,000 | 172,000 | 211,000 | 167,000 | 203,000 | 224,000 | 258,000 | ||||||
| Operating Profit | 2,725,000 | 1,561,000 | 1,897,000 | 1,609,000 | 1,599,000 | 1,229,000 | 1,200,000 | 883,000 | 734,000 | -175,000 | 843,000 | 742,000 | 660,000 | -426,000 |
| Interest Payable | 9,277,000 | 6,424,000 | 6,673,000 | 6,910,000 | 6,978,000 | 6,920,000 | 6,951,000 | 7,197,000 | 7,290,000 | 8,417,000 | 8,978,000 | 10,940,000 | 9,341,000 | 1,713,000 |
| Interest Receivable | 5,224,000 | 5,336,000 | 5,612,000 | 5,870,000 | 6,091,000 | 6,260,000 | 6,473,000 | 6,673,000 | 6,844,000 | 7,619,000 | 7,769,000 | 7,813,000 | 7,860,000 | 2,493,000 |
| Pre-Tax Profit | -1,328,000 | 473,000 | 836,000 | 569,000 | 712,000 | 569,000 | 722,000 | 359,000 | 288,000 | -973,000 | -366,000 | -2,385,000 | -821,000 | 354,000 |
| Tax | 330,000 | -105,000 | -224,000 | 167,000 | -15,000 | -110,000 | -100,000 | 69,000 | -58,000 | 80,000 | 45,000 | 587,000 | 225,000 | -99,000 |
| Profit After Tax | -998,000 | 368,000 | 612,000 | 736,000 | 697,000 | 459,000 | 622,000 | 428,000 | 230,000 | -893,000 | -321,000 | -1,798,000 | -596,000 | 255,000 |
| Dividends Paid | 0 | 0 | 140,000 | 243,000 | 1,164,000 | 1,358,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -998,000 | 368,000 | 472,000 | 493,000 | -467,000 | -899,000 | 622,000 | 428,000 | 230,000 | -893,000 | -321,000 | -1,798,000 | -596,000 | 255,000 |
| Employee Costs | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Number Of Employees | ||||||||||||||
| EBITDA* | 2,725,000 | 1,561,000 | 1,897,000 | 1,609,000 | 1,599,000 | 1,229,000 | 1,200,000 | 883,000 | 734,000 | -175,000 | 843,000 | 742,000 | 660,000 | -426,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 109,681,000 | 115,938,000 | 121,619,000 | 125,869,000 | 130,661,000 | 134,833,000 | 5,566,000 | 141,135,000 | 144,475,000 | 136,862,000 | 139,245,000 | 141,377,000 | 143,353,000 | 144,518,000 |
| Total Fixed Assets | 109,681,000 | 115,938,000 | 121,619,000 | 125,869,000 | 130,661,000 | 134,833,000 | 5,566,000 | 141,135,000 | 144,475,000 | 136,862,000 | 139,245,000 | 141,377,000 | 143,353,000 | 144,518,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 2,465,000 | 30,000 | 30,000 | 9,000 | 9,000 | 9,000 | 0 | 0 | 0 | 2,383,000 | 2,141,000 | 95,000 | 9,000 | 3,688,000 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,391,000 | 6,968,000 | 6,694,000 | 6,365,000 | 6,103,000 | 5,828,000 | 139,160,000 | 5,430,000 | 5,350,000 | 2,529,000 | 3,723,000 | 4,991,000 | 3,550,000 | 3,569,000 |
| Cash | 17,285,000 | 17,830,000 | 17,051,000 | 19,968,000 | 15,776,000 | 15,776,000 | 16,228,000 | 16,443,000 | 15,559,000 | 5,645,000 | 2,099,000 | 56,000 | 182,000 | 1,672,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,443,000 | 11,025,000 | 14,979,000 | 15,104,000 | 8,952,000 |
| total current assets | 27,141,000 | 24,828,000 | 23,775,000 | 26,342,000 | 21,888,000 | 21,613,000 | 155,388,000 | 21,873,000 | 20,909,000 | 21,000,000 | 18,988,000 | 20,121,000 | 18,845,000 | 17,881,000 |
| total assets | 136,822,000 | 140,766,000 | 145,394,000 | 152,211,000 | 152,549,000 | 156,446,000 | 160,954,000 | 163,008,000 | 165,384,000 | 157,862,000 | 158,233,000 | 161,498,000 | 162,198,000 | 162,399,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 7,179,000 | 0 | 0 | 0 | 5,183,000 | 4,826,000 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,959,000 | 0 | 0 | 0 | 4,798,000 | 4,732,000 | 12,960,000 |
| Trade Creditors | 189,000 | 468,000 | 173,000 | 167,000 | 141,000 | 164,000 | 240,000 | 180,000 | 350,000 | 157,000 | 325,000 | 1,403,000 | 750,000 | 1,382,000 |
| Group/Directors Accounts | 0 | 0 | 0 | 1,509,000 | 299,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 17,175,000 | 8,488,000 | 8,691,000 | 7,672,000 | 7,545,000 | 299,000 | 7,271,000 | 323,000 | 6,587,000 | 3,027,000 | 1,786,000 | 721,000 | 117,000 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,495,000 | 1,977,000 | 1,934,000 | 3,783,000 | 1,972,000 | 7,985,000 | 7,898,000 | 8,561,000 | 8,262,000 | 2,468,000 | 1,716,000 | 3,685,000 | 5,210,000 | 8,711,000 |
| total current liabilities | 19,859,000 | 10,933,000 | 10,798,000 | 13,131,000 | 9,957,000 | 15,627,000 | 15,409,000 | 15,023,000 | 15,199,000 | 10,835,000 | 8,653,000 | 10,607,000 | 10,809,000 | 23,053,000 |
| loans | 96,694,000 | 107,994,000 | 123,415,000 | 128,025,000 | 131,868,000 | 135,456,000 | 139,272,000 | 142,433,000 | 144,992,000 | 150,330,000 | 151,990,000 | 152,980,000 | 151,680,000 | 139,041,000 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 4,928,000 | 5,215,000 | 6,157,000 | 5,747,000 | 5,995,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 10,621,000 | 10,574,000 | 3,000 | 10,000 | 0 | 0 | 0 | 0 | 1,029,000 | 0 | 0 | 0 | 0 | 0 |
| provisions | 329,000 | 661,000 | 0 | 749,000 | 916,000 | 1,083,000 | 1,094,000 | 995,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 112,572,000 | 124,444,000 | 129,575,000 | 134,531,000 | 138,779,000 | 136,539,000 | 140,366,000 | 143,428,000 | 146,021,000 | 150,330,000 | 151,990,000 | 152,980,000 | 151,680,000 | 139,041,000 |
| total liabilities | 132,431,000 | 135,377,000 | 140,373,000 | 147,662,000 | 148,736,000 | 152,166,000 | 155,775,000 | 158,451,000 | 161,220,000 | 161,165,000 | 160,643,000 | 163,587,000 | 162,489,000 | 162,094,000 |
| net assets | 4,391,000 | 5,389,000 | 5,021,000 | 4,549,000 | 3,813,000 | 4,280,000 | 5,179,000 | 4,557,000 | 4,164,000 | -3,303,000 | -2,410,000 | -2,089,000 | -291,000 | 305,000 |
| total shareholders funds | 4,391,000 | 5,389,000 | 5,021,000 | 4,549,000 | 3,813,000 | 4,280,000 | 5,179,000 | 4,557,000 | 4,164,000 | -3,303,000 | -2,410,000 | -2,089,000 | -291,000 | 305,000 |
| 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 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 2,725,000 | 1,561,000 | 1,897,000 | 1,609,000 | 1,599,000 | 1,229,000 | 1,200,000 | 883,000 | 734,000 | -175,000 | 843,000 | 742,000 | 660,000 | -426,000 |
| 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 | 330,000 | -105,000 | -224,000 | 167,000 | -15,000 | -110,000 | -100,000 | 69,000 | -58,000 | 80,000 | 45,000 | 587,000 | 225,000 | -99,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -3,399,000 | -5,407,000 | -3,900,000 | -4,530,000 | -3,897,000 | -4,056,000 | -1,839,000 | -3,260,000 | 8,051,000 | -3,335,000 | -1,354,000 | -449,000 | -4,863,000 | 151,775,000 |
| Creditors | -279,000 | 295,000 | 6,000 | 26,000 | -23,000 | -76,000 | 60,000 | -170,000 | 193,000 | -168,000 | -1,078,000 | 653,000 | -632,000 | 1,382,000 |
| Accruals and Deferred Income | 231,000 | -899,000 | -1,439,000 | 1,563,000 | -18,000 | 87,000 | -663,000 | 299,000 | 5,794,000 | 752,000 | -1,969,000 | -1,525,000 | -3,501,000 | 8,711,000 |
| Deferred Taxes & Provisions | -332,000 | 661,000 | -749,000 | -167,000 | -167,000 | -11,000 | 99,000 | 995,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 6,074,000 | 6,920,000 | 3,391,000 | 7,728,000 | 5,273,000 | 5,175,000 | 2,435,000 | 5,336,000 | -1,388,000 | 3,824,000 | -805,000 | 906,000 | 1,615,000 | -142,207,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | -5,959,000 | 5,959,000 | 0 | 0 | -4,798,000 | 66,000 | -8,228,000 | 12,960,000 |
| Group/Directors Accounts | 0 | 0 | -1,509,000 | 1,210,000 | 299,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 8,687,000 | -203,000 | 1,019,000 | 127,000 | 7,246,000 | -6,972,000 | 6,948,000 | -6,264,000 | 3,560,000 | 1,241,000 | 1,065,000 | 604,000 | 117,000 | 0 |
| Long term loans | -11,300,000 | -15,421,000 | -4,610,000 | -3,843,000 | -3,588,000 | -3,816,000 | -3,161,000 | -2,559,000 | -5,338,000 | -1,660,000 | -990,000 | 1,300,000 | 12,639,000 | 139,041,000 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 47,000 | 10,571,000 | -7,000 | 10,000 | 0 | 0 | 0 | -1,029,000 | 1,029,000 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -4,053,000 | -1,088,000 | -1,061,000 | -1,040,000 | -887,000 | -660,000 | -478,000 | -524,000 | -446,000 | -798,000 | -1,209,000 | -3,127,000 | -1,481,000 | 780,000 |
| cash flow from financing | -6,619,000 | -6,141,000 | -6,168,000 | -3,293,000 | 3,070,000 | -11,448,000 | -2,650,000 | -4,452,000 | 6,042,000 | -1,217,000 | -5,932,000 | -1,157,000 | 3,047,000 | 152,831,000 |
| cash and cash equivalents | ||||||||||||||
| cash | -545,000 | 779,000 | -2,917,000 | 4,192,000 | 0 | -452,000 | -215,000 | 884,000 | 9,914,000 | 3,546,000 | 2,043,000 | -126,000 | -1,490,000 | 1,672,000 |
| overdraft | 0 | 0 | 0 | 0 | -7,179,000 | 7,179,000 | 0 | 0 | -5,183,000 | 357,000 | 4,826,000 | 0 | 0 | 0 |
| change in cash | -545,000 | 779,000 | -2,917,000 | 4,192,000 | 7,179,000 | -7,631,000 | -215,000 | 884,000 | 15,097,000 | 3,189,000 | -2,783,000 | -126,000 | -1,490,000 | 1,672,000 |
P&L
December 2022turnover
8.7m
+12%
operating profit
2.7m
+75%
gross margin
32.9%
+45.65%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.4m
-0.19%
total assets
136.8m
-0.03%
cash
17.3m
-0.03%
net assets
Total assets minus all liabilities
Similar Companies
highway management (city) holding limited company details
company number
NI056489
Type
Private limited with Share Capital
industry
64999 - Other financial service activities, except insurance and pension funding, (not including security dealing on own account and factoring) n.e.c.
incorporation date
September 2005
age
19
accounts
Group
ultimate parent company
previous names
drumfane limited (September 2005)
incorporated
UK
address
unit 310 moat house, 54 bloomfield avenue, belfast, BT5 5AD
last accounts submitted
December 2022
highway management (city) holding 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 found 1 charges/mortgages relating to highway management (city) holding limited. Currently there are 1 open charges and 0 have been satisfied in the past.
highway management (city) holding limited Companies House Filings - See Documents
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