highland locksmiths & security systems limited
highland locksmiths & security systems limited Company Information
Company Number
SC182981
Next Accounts
Sep 2025
Shareholders
macgregor properties limited
Group Structure
View All
Industry
Dormant Company
Registered Address
15 - 17 henderson road, longman industrial estate, inverness, IV1 1SN
highland locksmiths & security systems limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED at £0 based on a Turnover of £1.7m and 0x industry multiple (adjusted for size and gross margin).
highland locksmiths & security systems limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED at £0 based on an EBITDA of £-1.4k and a 1.49x industry multiple (adjusted for size and gross margin).
highland locksmiths & security systems limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED at £254.5k based on Net Assets of £471.3k and 0.54x industry multiple (adjusted for liquidity).
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Highland Locksmiths & Security Systems Limited Overview
Highland Locksmiths & Security Systems Limited is a live company located in inverness, IV1 1SN with a Companies House number of SC182981. It operates in the dormant company sector, SIC Code 99999. Founded in February 1998, it's largest shareholder is macgregor properties limited with a 100% stake. Highland Locksmiths & Security Systems Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.
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Highland Locksmiths & Security Systems Limited Health Check
Pomanda's financial health check has awarded Highland Locksmiths & Security Systems Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
7 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£7.8m)
- Highland Locksmiths & Security Systems Limited
£7.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (6.7%)
- Highland Locksmiths & Security Systems Limited
6.7% - Industry AVG
Production
with a gross margin of 17.6%, this company has a higher cost of product (32%)
- Highland Locksmiths & Security Systems Limited
32% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.3%)
- Highland Locksmiths & Security Systems Limited
4.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (58)
- Highland Locksmiths & Security Systems Limited
58 - Industry AVG
Pay Structure
on an average salary of £41.2k, the company has an equivalent pay structure (£41.2k)
- Highland Locksmiths & Security Systems Limited
£41.2k - Industry AVG
Efficiency
resulting in sales per employee of £343.5k, this is more efficient (£185.9k)
- Highland Locksmiths & Security Systems Limited
£185.9k - Industry AVG
Debtor Days
it gets paid by customers after 100 days, this is later than average (40 days)
- Highland Locksmiths & Security Systems Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (41 days)
- Highland Locksmiths & Security Systems Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Highland Locksmiths & Security Systems Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 43 weeks, this is more cash available to meet short term requirements (14 weeks)
43 weeks - Highland Locksmiths & Security Systems Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.8%, this is a lower level of debt than the average (71.4%)
4.8% - Highland Locksmiths & Security Systems Limited
71.4% - Industry AVG
HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED financials
Highland Locksmiths & Security Systems Limited's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of £471.3 thousand. According to their latest financial statements, we estimate that Highland Locksmiths & Security Systems Limited has 5 employees and maintains cash reserves of £19.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | 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 | |||||||||||||||
| 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 | ||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | 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 | 375 | 243,778 | 260,229 | 275,004 | 290,859 | 298,886 | 303,017 | 304,700 | |||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | 475,000 | ||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 475,375 | 243,778 | 260,229 | 275,004 | 290,859 | 298,886 | 303,017 | 304,700 | |||||||
| Stock & work in progress | 85,267 | 83,455 | 83,074 | 82,757 | 90,277 | 90,160 | 87,902 | ||||||||
| Trade Debtors | 475,000 | 475,000 | 475,080 | 475,080 | 475,000 | 475,824 | 475,824 | 6,967 | 27,147 | 25,587 | 42,154 | 37,690 | 74,101 | 56,679 | 45,252 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 2,734 | 24,422 | |||||||||||||
| Cash | 19,942 | 20,287 | 20,761 | 21,522 | 20,846 | 23,330 | 85,246 | 79,970 | 280,335 | 331,151 | 468,813 | 536,835 | 432,024 | 356,757 | 326,373 |
| misc current assets | |||||||||||||||
| total current assets | 494,942 | 495,287 | 495,841 | 496,602 | 495,846 | 499,154 | 561,070 | 86,937 | 395,483 | 440,193 | 618,463 | 657,282 | 596,402 | 503,596 | 459,527 |
| total assets | 494,942 | 495,287 | 495,841 | 496,602 | 495,846 | 499,154 | 561,070 | 562,312 | 639,261 | 700,422 | 893,467 | 948,141 | 895,288 | 806,613 | 764,227 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 23,678 | 23,665 | 23,711 | 24,029 | 22,871 | 25,846 | 86,317 | 101,046 | 53,663 | 50,844 | 63,244 | 54,928 | 65,429 | 61,383 | 95,978 |
| Group/Directors Accounts | 137,920 | 96,058 | 53,400 | ||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 23,678 | 23,665 | 23,711 | 24,029 | 22,871 | 25,846 | 86,317 | 101,046 | 53,663 | 50,844 | 63,244 | 192,848 | 161,487 | 114,783 | 95,978 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 33,026 | ||||||||||||||
| total long term liabilities | 33,026 | ||||||||||||||
| total liabilities | 23,678 | 23,665 | 23,711 | 24,029 | 22,871 | 25,846 | 86,317 | 134,072 | 53,663 | 50,844 | 63,244 | 192,848 | 161,487 | 114,783 | 95,978 |
| net assets | 471,264 | 471,622 | 472,130 | 472,573 | 472,975 | 473,308 | 474,753 | 428,240 | 585,598 | 649,578 | 830,223 | 755,293 | 733,801 | 691,830 | 668,249 |
| total shareholders funds | 471,264 | 471,622 | 472,130 | 472,573 | 472,975 | 473,308 | 474,753 | 428,240 | 585,598 | 649,578 | 830,223 | 755,293 | 733,801 | 691,830 | 668,249 |
| Dec 2023 | 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 | |||||||||||||||
| Depreciation | 130 | 12,696 | 14,775 | 17,427 | 20,524 | 20,994 | 20,117 | 18,751 | |||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -85,267 | 1,812 | 381 | 317 | -7,520 | 117 | 2,258 | 87,902 | |||||||
| Debtors | -80 | 80 | -824 | 468,857 | -22,914 | 4,294 | -40,989 | 28,886 | -36,411 | 17,422 | 11,427 | 45,252 | |||
| Creditors | 13 | -46 | -318 | 1,158 | -2,975 | -60,471 | -14,729 | 47,383 | 2,819 | -12,400 | 8,316 | -10,501 | 4,046 | -34,595 | 95,978 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | -33,026 | 33,026 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | -475,000 | 475,000 | |||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -137,920 | 41,862 | 42,658 | 53,400 | |||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -345 | -474 | -761 | 676 | -2,484 | -61,916 | 5,276 | -200,365 | -50,816 | -137,662 | -68,022 | 104,811 | 75,267 | 30,384 | 326,373 |
| overdraft | |||||||||||||||
| change in cash | -345 | -474 | -761 | 676 | -2,484 | -61,916 | 5,276 | -200,365 | -50,816 | -137,662 | -68,022 | 104,811 | 75,267 | 30,384 | 326,373 |
highland locksmiths & security systems limited Credit Report and Business Information
Highland Locksmiths & Security Systems Limited Competitor Analysis
Perform a competitor analysis for highland locksmiths & security systems limited by selecting its closest rivals, whether from the ACTIVITIES OF EXTRATERRITORIAL ORGANISATIONS AND BODIES sector, other small companies, companies in IV1 area or any other competitors across 12 key performance metrics.
highland locksmiths & security systems limited Ownership
HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED group structure
Highland Locksmiths & Security Systems Limited has no subsidiary companies.
Ultimate parent company
1 parent
HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED
SC182981
highland locksmiths & security systems limited directors
Highland Locksmiths & Security Systems Limited currently has 3 directors. The longest serving directors include Mr John MacGregor (Jan 2016) and Mr Douglas Fraser (Jan 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John MacGregor | 69 years | Jan 2016 | - | Director | |
| Mr Douglas Fraser | Scotland | 49 years | Jan 2016 | - | Director |
| Mr Alexander MacGregor | 37 years | Jan 2016 | - | Director |
P&L
December 2023turnover
1.7m
-2%
operating profit
-1.4k
0%
gross margin
17.6%
+3.29%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
471.3k
0%
total assets
494.9k
0%
cash
19.9k
-0.02%
net assets
Total assets minus all liabilities
Similar Companies
highland locksmiths & security systems limited company details
company number
SC182981
Type
Private limited with Share Capital
industry
99999 - Dormant Company
incorporation date
February 1998
age
27
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
December 2023
previous names
weldfolk limited (March 1998)
accountant
HIGHLAND ACCOUNTANCY PRACTICE
auditor
-
address
15 - 17 henderson road, longman industrial estate, inverness, IV1 1SN
Bank
-
Legal Advisor
-
highland locksmiths & security systems 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 2 charges/mortgages relating to highland locksmiths & security systems limited. Currently there are 0 open charges and 2 have been satisfied in the past.
highland locksmiths & security systems 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 HIGHLAND LOCKSMITHS & SECURITY SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.
highland locksmiths & security systems limited Companies House Filings - See Documents
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