highway barrier solutions limited
highway barrier solutions limited Company Information
Company Number
NI067706
Next Accounts
Sep 2025
Shareholders
ramudden global (uk) limited
Group Structure
View All
Industry
Construction of other civil engineering projects n.e.c.
Registered Address
40 manse road, castlereagh, belfast, co antrim, BT8 6SA
Website
http://hbsonline.co.ukhighway barrier solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY BARRIER SOLUTIONS LIMITED at £11.6m based on a Turnover of £27.5m and 0.42x industry multiple (adjusted for size and gross margin).
highway barrier solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY BARRIER SOLUTIONS LIMITED at £29.5m based on an EBITDA of £5.4m and a 5.48x industry multiple (adjusted for size and gross margin).
highway barrier solutions limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHWAY BARRIER SOLUTIONS LIMITED at £24.6m based on Net Assets of £12.8m and 1.93x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Highway Barrier Solutions Limited Overview
Highway Barrier Solutions Limited is a live company located in belfast, BT8 6SA with a Companies House number of NI067706. It operates in the construction of other civil engineering projects n.e.c. sector, SIC Code 42990. Founded in January 2008, it's largest shareholder is ramudden global (uk) limited with a 100% stake. Highway Barrier Solutions Limited is a established, large sized company, Pomanda has estimated its turnover at £27.5m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Highway Barrier Solutions Limited Health Check
Pomanda's financial health check has awarded Highway Barrier Solutions Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
7 Strong
3 Regular
2 Weak
Size
annual sales of £27.5m, make it larger than the average company (£14m)
£27.5m - Highway Barrier Solutions Limited
£14m - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (9%)
14% - Highway Barrier Solutions Limited
9% - Industry AVG
Production
with a gross margin of 18.5%, this company has a comparable cost of product (17.5%)
18.5% - Highway Barrier Solutions Limited
17.5% - Industry AVG
Profitability
an operating margin of 17.8% make it more profitable than the average company (5.7%)
17.8% - Highway Barrier Solutions Limited
5.7% - Industry AVG
Employees
with 111 employees, this is above the industry average (53)
111 - Highway Barrier Solutions Limited
53 - Industry AVG
Pay Structure
on an average salary of £46k, the company has an equivalent pay structure (£51.4k)
£46k - Highway Barrier Solutions Limited
£51.4k - Industry AVG
Efficiency
resulting in sales per employee of £247.5k, this is equally as efficient (£255.1k)
£247.5k - Highway Barrier Solutions Limited
£255.1k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (51 days)
7 days - Highway Barrier Solutions Limited
51 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is quicker than average (35 days)
14 days - Highway Barrier Solutions Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 22 days, this is more than average (6 days)
22 days - Highway Barrier Solutions Limited
6 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 118 weeks, this is more cash available to meet short term requirements (20 weeks)
118 weeks - Highway Barrier Solutions Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 17.5%, this is a lower level of debt than the average (60.3%)
17.5% - Highway Barrier Solutions Limited
60.3% - Industry AVG
HIGHWAY BARRIER SOLUTIONS LIMITED financials
Highway Barrier Solutions Limited's latest turnover from December 2023 is £27.5 million and the company has net assets of £12.8 million. According to their latest financial statements, Highway Barrier Solutions Limited has 111 employees and maintains cash reserves of £4.4 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,473,833 | 23,188,771 | 25,404,381 | 17,166,873 | 18,343,369 | 20,626,081 | 17,569,710 | 18,215,574 | 15,096,808 | 16,702,032 | 16,901,191 | 10,407,937 | 12,439,297 | 8,863,324 | 7,676,419 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 22,400,136 | 19,808,314 | 18,314,409 | 11,785,437 | 13,288,711 | 15,380,193 | 12,678,270 | 13,367,774 | 10,377,704 | 12,505,577 | 7,532,178 | 8,816,471 | 6,676,289 | 5,613,742 | |
| Gross Profit | 5,073,697 | 3,380,457 | 7,089,972 | 5,381,436 | 5,054,658 | 5,245,888 | 4,891,440 | 4,847,800 | 4,719,104 | 4,395,614 | 2,875,759 | 3,622,826 | 2,187,035 | 2,062,677 | |
| Admin Expenses | 183,848 | 257,862 | 1,946,477 | 1,348,690 | 1,734,978 | 1,959,251 | 2,170,801 | 1,743,474 | 1,656,500 | 1,263,498 | 1,397,494 | 1,121,656 | 1,000,552 | 918,346 | |
| Operating Profit | 4,889,849 | 3,122,595 | 5,143,495 | 4,032,746 | 3,319,680 | 3,286,637 | 2,720,639 | 3,104,326 | 3,062,604 | 3,005,683 | 3,132,116 | 1,478,265 | 2,501,170 | 1,186,483 | 1,144,331 |
| Interest Payable | 56,235 | 8,920 | 70,887 | 14,094 | 5,106 | 10,312 | 21,969 | 20,411 | 51,503 | 10,699 | 7,714 | 7,406 | 4,797 | 6,309 | 8,305 |
| Interest Receivable | 42,663 | 2,760 | 253 | 18,882 | 57,737 | 5,676 | 1,902 | 2,546 | 2,321 | 2,106 | 666 | 983 | 121 | ||
| Pre-Tax Profit | 4,876,277 | 3,116,435 | 5,665,688 | 4,515,435 | 3,372,311 | 3,273,488 | 2,699,325 | 3,081,348 | 3,004,110 | 1,614,124 | 3,106,303 | 1,290,865 | 2,496,494 | 1,180,174 | 1,136,026 |
| Tax | -1,154,949 | -577,165 | -1,188,847 | -773,892 | -657,597 | -636,588 | -561,725 | -934,198 | -1,041,102 | -423,188 | -408,444 | -92,056 | -487,694 | -96,087 | -325,255 |
| Profit After Tax | 3,721,328 | 2,539,270 | 4,476,841 | 3,741,543 | 2,714,714 | 2,636,900 | 2,137,600 | 2,147,150 | 1,963,008 | 1,190,936 | 2,697,859 | 1,198,809 | 2,008,800 | 1,084,087 | 810,771 |
| Dividends Paid | 50,000 | 80,000 | 5,946,706 | 2,525,617 | 1,348,691 | 894,000 | 2,093,173 | 1,205,000 | 600,000 | 1,060,000 | 920,000 | 625,000 | 337,000 | ||
| Retained Profit | 3,721,328 | 2,539,270 | 4,426,841 | 3,661,543 | -3,231,992 | 111,283 | 788,909 | 1,253,150 | -130,165 | -14,064 | 2,097,859 | 138,809 | 1,088,800 | 459,087 | 473,771 |
| Employee Costs | 5,101,734 | 4,853,850 | 4,875,203 | 3,465,119 | 3,211,275 | 3,405,916 | 3,363,320 | 3,678,096 | 3,684,508 | 2,523,596 | 1,934,947 | 1,385,126 | 1,395,538 | 1,366,789 | 1,149,625 |
| Number Of Employees | 111 | 162 | 125 | 93 | 94 | 112 | 99 | 103 | 72 | 71 | 62 | 46 | 47 | 48 | 46 |
| EBITDA* | 5,387,568 | 3,468,700 | 5,485,564 | 4,390,237 | 3,738,318 | 3,866,491 | 3,364,376 | 3,721,680 | 3,585,015 | 4,050,837 | 3,452,857 | 1,717,821 | 2,720,426 | 1,383,215 | 1,296,211 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,172,211 | 1,365,132 | 879,238 | 641,058 | 797,219 | 1,053,316 | 1,370,921 | 1,620,863 | 1,670,129 | 1,269,484 | 839,603 | 618,942 | 450,832 | 408,568 | 387,306 |
| Intangible Assets | 731,755 | 784,024 | 836,292 | 888,560 | 940,829 | ||||||||||
| Investments & Other | 4,934,942 | 2,858,945 | 151,460 | 159,972 | 161,219 | 166,332 | 175,644 | 187,934 | 206,699 | 217,676 | 106,223 | ||||
| Debtors (Due After 1 year) | 1,140,627 | 1,061,309 | 451,012 | 698,824 | |||||||||||
| Total Fixed Assets | 2,172,211 | 1,365,132 | 879,238 | 5,576,000 | 3,656,164 | 1,204,776 | 1,530,893 | 1,782,082 | 1,836,461 | 2,585,755 | 2,820,601 | 2,060,677 | 1,504,800 | 2,102,175 | 1,328,135 |
| Stock & work in progress | 1,405,876 | 1,642,431 | 1,807,117 | 447,070 | 425,515 | 459,526 | 709,095 | 260,616 | 46,557 | 61,616 | 60,753 | 42,997 | 48,822 | 75,669 | 133,066 |
| Trade Debtors | 564,515 | 2,404,713 | 2,616,553 | 4,416,363 | 3,154,118 | 3,277,921 | 4,870,785 | 4,793,943 | 3,165,660 | 3,270,989 | 3,962,896 | 2,773,387 | 3,007,629 | 1,992,144 | 1,745,693 |
| Group Debtors | 5,710,053 | 3,455,526 | 194,633 | 226,961 | 49,421 | 1,372,948 | 1,460,337 | 1,450,388 | 609,617 | 430,581 | 174,310 | ||||
| Misc Debtors | 412,086 | 707,035 | 2,557,489 | 165,429 | 197,807 | 239,465 | 224,141 | 280,140 | 97,271 | 508,332 | 92,738 | 253,945 | 225,150 | 74,381 | 48,118 |
| Cash | 4,419,272 | 2,544,071 | 2,818,445 | 3,418,959 | 1,558,974 | 5,190,342 | 2,035,008 | 1,822,349 | 1,926,150 | 2,684,666 | 934,513 | 23,630 | 1,025,946 | 11,978 | 188,804 |
| misc current assets | 821,998 | ||||||||||||||
| total current assets | 13,333,800 | 10,753,776 | 9,994,237 | 8,447,821 | 5,563,375 | 9,216,675 | 9,211,977 | 8,617,385 | 6,686,026 | 6,525,603 | 5,660,517 | 3,093,959 | 4,738,128 | 2,154,172 | 2,289,991 |
| total assets | 15,506,011 | 12,118,908 | 10,873,475 | 14,023,821 | 9,219,539 | 10,421,451 | 10,742,870 | 10,399,467 | 8,522,487 | 9,111,358 | 8,481,118 | 5,154,636 | 6,242,928 | 4,256,347 | 3,618,126 |
| Bank overdraft | 59,816 | 23,159 | 73,239 | ||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 890,991 | 1,676,606 | 2,717,304 | 1,660,524 | 1,202,650 | 1,102,511 | 1,383,470 | 1,256,076 | 521,151 | 1,754,763 | 980,556 | 621,475 | 1,016,019 | 1,157,089 | 749,857 |
| Group/Directors Accounts | 252,000 | 171,363 | 217,879 | 70,305 | 321,793 | 405,375 | 535,370 | 597,056 | |||||||
| other short term finances | 89,192 | 89,191 | |||||||||||||
| hp & lease commitments | 268,145 | 124,340 | 42,000 | 1,367 | 9,350 | ||||||||||
| other current liabilities | 787,591 | 760,692 | 1,047,671 | 3,396,802 | 2,017,433 | 1,192,146 | 1,248,124 | 1,386,590 | 1,172,284 | 643,848 | 780,325 | 468,953 | 1,355,662 | 293,943 | 284,358 |
| total current liabilities | 1,946,727 | 2,561,638 | 4,058,975 | 5,228,689 | 3,437,962 | 2,294,657 | 2,701,899 | 3,053,651 | 2,188,001 | 2,933,981 | 2,357,937 | 1,150,244 | 2,371,681 | 1,475,558 | 1,116,804 |
| loans | 89,185 | 267,568 | |||||||||||||
| hp & lease commitments | 774,862 | 407,774 | 154,000 | 1,043 | |||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 248,000 | 900,000 | |||||||||||||
| provisions | 86,402 | 136,676 | 43,170 | 39,158 | 52,383 | 77,843 | 82,412 | 145,849 | 126,143 | 57,883 | 36,953 | 42,617 | 40,959 | 37,911 | |
| total long term liabilities | 774,862 | 494,176 | 290,676 | 291,170 | 939,158 | 52,383 | 77,843 | 171,597 | 413,417 | 126,143 | 57,883 | 36,953 | 42,617 | 40,959 | 38,954 |
| total liabilities | 2,721,589 | 3,055,814 | 4,349,651 | 5,519,859 | 4,377,120 | 2,347,040 | 2,779,742 | 3,225,248 | 2,601,418 | 3,060,124 | 2,415,820 | 1,187,197 | 2,414,298 | 1,516,517 | 1,155,758 |
| net assets | 12,784,422 | 9,063,094 | 6,523,824 | 8,503,962 | 4,842,419 | 8,074,411 | 7,963,128 | 7,174,219 | 5,921,069 | 6,051,234 | 6,065,298 | 3,967,439 | 3,828,630 | 2,739,830 | 2,462,368 |
| total shareholders funds | 12,784,422 | 9,063,094 | 6,523,824 | 8,503,962 | 4,842,419 | 8,074,411 | 7,963,128 | 7,174,219 | 5,921,069 | 6,051,234 | 6,065,298 | 3,967,439 | 3,828,630 | 2,739,830 | 2,462,368 |
| Dec 2023 | Dec 2022 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 4,889,849 | 3,122,595 | 5,143,495 | 4,032,746 | 3,319,680 | 3,286,637 | 2,720,639 | 3,104,326 | 3,062,604 | 3,005,683 | 3,132,116 | 1,478,265 | 2,501,170 | 1,186,483 | 1,144,331 |
| Depreciation | 497,719 | 346,105 | 342,069 | 357,491 | 418,638 | 579,854 | 643,737 | 617,354 | 522,411 | 313,399 | 268,472 | 187,288 | 166,988 | 144,464 | 112,736 |
| Amortisation | 731,755 | 52,269 | 52,268 | 52,268 | 52,268 | 39,144 | |||||||||
| Tax | -1,154,949 | -577,165 | -1,188,847 | -773,892 | -657,597 | -636,588 | -561,725 | -934,198 | -1,041,102 | -423,188 | -408,444 | -92,056 | -487,694 | -96,087 | -325,255 |
| Stock | -236,555 | 1,195,361 | 1,360,047 | 21,555 | -34,011 | -249,569 | 448,479 | 214,059 | -15,059 | 863 | 17,756 | -5,825 | -26,847 | -57,397 | 133,066 |
| Debtors | 119,380 | 1,985,482 | 786,883 | 1,002,906 | 12,079 | -2,901,067 | -66,546 | 1,821,101 | -206,629 | -806,612 | 2,248,216 | -185,016 | 898,011 | 797,228 | 1,968,121 |
| Creditors | -785,615 | 16,082 | 1,056,780 | 457,874 | 100,139 | -280,959 | 127,394 | 734,925 | -1,233,612 | 774,207 | 359,081 | -394,544 | -141,070 | 407,232 | 749,857 |
| Accruals and Deferred Income | 26,899 | -2,636,110 | -2,349,131 | 1,379,369 | 825,287 | -55,978 | -138,466 | 214,306 | 528,436 | -136,477 | 311,372 | -886,709 | 1,061,719 | 9,585 | 284,358 |
| Deferred Taxes & Provisions | -86,402 | 43,232 | 93,506 | 4,012 | -13,225 | -25,460 | -4,569 | -63,437 | 19,706 | 68,260 | 20,930 | -5,664 | 1,658 | 3,048 | 37,911 |
| Cash flow from operations | 3,504,676 | -2,866,104 | 950,942 | 4,433,139 | 4,014,854 | 6,018,142 | 2,405,077 | 1,638,116 | 2,080,131 | 5,139,388 | 1,469,824 | 529,689 | 2,283,875 | 967,162 | -58,105 |
| Investing Activities | |||||||||||||||
| capital expenditure | -246,081 | -242,145 | -618,665 | -879,268 | -732,580 | -468,426 | -517,074 | -320,704 | -273,266 | 118,140 | |||||
| Change in Investments | -4,934,942 | -4,934,942 | 2,075,997 | 2,707,485 | -8,512 | -1,247 | -5,113 | -9,312 | -12,290 | -18,765 | -10,977 | 111,453 | 106,223 | ||
| cash flow from investments | -2,707,485 | -237,569 | -240,898 | -613,552 | -869,956 | -720,290 | -449,661 | -506,097 | -432,157 | -379,489 | 118,140 | ||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -171,363 | 80,637 | -46,516 | 217,879 | -70,305 | -251,488 | -83,582 | -129,995 | -61,686 | 597,056 | |||||
| Other Short Term Loans | -89,192 | 1 | 89,191 | ||||||||||||
| Long term loans | -89,185 | -178,383 | 267,568 | ||||||||||||
| Hire Purchase and Lease Commitments | 510,893 | 532,114 | 196,000 | -1,367 | -9,026 | 10,393 | |||||||||
| other long term liabilities | -248,000 | -248,000 | -652,000 | 900,000 | |||||||||||
| share issue | |||||||||||||||
| interest | -13,572 | -6,160 | -70,634 | 4,788 | 52,631 | -4,636 | -20,067 | -17,865 | -49,182 | -8,593 | -7,048 | -6,423 | -4,676 | -6,309 | -8,305 |
| cash flow from financing | 497,321 | -1,873,547 | -6,448,976 | -693,728 | 1,170,510 | -74,941 | -449,932 | -279,829 | 177,582 | -70,279 | 590,008 | -6,423 | -6,043 | -196,960 | 1,990,685 |
| cash and cash equivalents | |||||||||||||||
| cash | 1,875,201 | -874,888 | -600,514 | 1,859,985 | -3,631,368 | 3,155,334 | 212,659 | -103,801 | -758,516 | 1,750,153 | 910,883 | -1,002,316 | 1,013,968 | -176,826 | 188,804 |
| overdraft | -59,816 | 59,816 | -23,159 | -50,080 | 73,239 | ||||||||||
| change in cash | 1,875,201 | -874,888 | -600,514 | 1,859,985 | -3,631,368 | 3,155,334 | 212,659 | -103,801 | -758,516 | 1,750,153 | 970,699 | -1,062,132 | 1,037,127 | -126,746 | 115,565 |
highway barrier solutions limited Credit Report and Business Information
Highway Barrier Solutions Limited Competitor Analysis
Perform a competitor analysis for highway barrier solutions limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in BT8 area or any other competitors across 12 key performance metrics.
highway barrier solutions limited Ownership
HIGHWAY BARRIER SOLUTIONS LIMITED group structure
Highway Barrier Solutions Limited has no subsidiary companies.
Ultimate parent company
RAMUDDEN HOLDCO AB
#0116674
2 parents
HIGHWAY BARRIER SOLUTIONS LIMITED
NI067706
highway barrier solutions limited directors
Highway Barrier Solutions Limited currently has 7 directors. The longest serving directors include Mr Nigel Dougan (Apr 2008) and Mr Darragh Dumigan (Apr 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Nigel Dougan | 55 years | Apr 2008 | - | Director | |
| Mr Darragh Dumigan | 51 years | Apr 2008 | - | Director | |
| Mr Nigel Dougan | 55 years | Apr 2008 | - | Director | |
| Mr Timothy Cockayne | England | 46 years | Dec 2021 | - | Director |
| Mr Matthew Robinson | 43 years | Dec 2021 | - | Director | |
| Mr Tim Cockayne | United Kingdom | 46 years | Dec 2021 | - | Director |
| Mr Matthew Robinson | 43 years | Dec 2021 | - | Director |
P&L
December 2023turnover
27.5m
+18%
operating profit
4.9m
+57%
gross margin
18.5%
+26.68%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
12.8m
+0.41%
total assets
15.5m
+0.28%
cash
4.4m
+0.74%
net assets
Total assets minus all liabilities
highway barrier solutions limited company details
company number
NI067706
Type
Private limited with Share Capital
industry
42990 - Construction of other civil engineering projects n.e.c.
incorporation date
January 2008
age
17
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
lisbane trading limited (January 2008)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
40 manse road, castlereagh, belfast, co antrim, BT8 6SA
Bank
DANSKE BANK
Legal Advisor
ELLIOTT DUFFY GARRETT
highway barrier solutions 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 3 charges/mortgages relating to highway barrier solutions limited. Currently there are 2 open charges and 1 have been satisfied in the past.
highway barrier solutions 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.
Click to start generating capital raising & share issue transactions for HIGHWAY BARRIER SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.
highway barrier solutions limited Companies House Filings - See Documents
| date | description | view/download |
|---|
