highland appliance services ltd.
highland appliance services ltd. Company Information
Company Number
SC253027
Next Accounts
Dec 2025
Industry
Repair of electrical equipment
Shareholders
pacifica appliance services limited
Group Structure
View All
Contact
Registered Address
unit 3b1, smithton industrial estate, inverness, highland, IV2 7WL
Website
www.highlandappliances.co.ukhighland appliance services ltd. Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND APPLIANCE SERVICES LTD. at £121.9k based on a Turnover of £215.4k and 0.57x industry multiple (adjusted for size and gross margin).
highland appliance services ltd. Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND APPLIANCE SERVICES LTD. at £261k based on an EBITDA of £67.9k and a 3.84x industry multiple (adjusted for size and gross margin).
highland appliance services ltd. Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND APPLIANCE SERVICES LTD. at £472k based on Net Assets of £164.9k and 2.86x industry multiple (adjusted for liquidity).
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Highland Appliance Services Ltd. Overview
Highland Appliance Services Ltd. is a live company located in inverness, IV2 7WL with a Companies House number of SC253027. It operates in the repair of electrical equipment sector, SIC Code 33140. Founded in July 2003, it's largest shareholder is pacifica appliance services limited with a 100% stake. Highland Appliance Services Ltd. is a mature, micro sized company, Pomanda has estimated its turnover at £215.4k with declining growth in recent years.
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Highland Appliance Services Ltd. Health Check
Pomanda's financial health check has awarded Highland Appliance Services Ltd. 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
2 Regular
7 Weak
Size
annual sales of £215.4k, make it smaller than the average company (£2.5m)
- Highland Appliance Services Ltd.
£2.5m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (8.8%)
- Highland Appliance Services Ltd.
8.8% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (40.4%)
- Highland Appliance Services Ltd.
40.4% - Industry AVG
Profitability
an operating margin of 28.4% make it more profitable than the average company (8.5%)
- Highland Appliance Services Ltd.
8.5% - Industry AVG
Employees
with 6 employees, this is below the industry average (8)
6 - Highland Appliance Services Ltd.
8 - Industry AVG
Pay Structure
on an average salary of £44.9k, the company has an equivalent pay structure (£44.9k)
- Highland Appliance Services Ltd.
£44.9k - Industry AVG
Efficiency
resulting in sales per employee of £35.9k, this is less efficient (£138k)
- Highland Appliance Services Ltd.
£138k - Industry AVG
Debtor Days
it gets paid by customers after 49 days, this is near the average (55 days)
- Highland Appliance Services Ltd.
55 days - Industry AVG
Creditor Days
its suppliers are paid after 78 days, this is slower than average (31 days)
- Highland Appliance Services Ltd.
31 days - Industry AVG
Stock Days
it holds stock equivalent to 116 days, this is more than average (13 days)
- Highland Appliance Services Ltd.
13 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 21 weeks, this is less cash available to meet short term requirements (30 weeks)
21 weeks - Highland Appliance Services Ltd.
30 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 33.6%, this is a lower level of debt than the average (52.4%)
33.6% - Highland Appliance Services Ltd.
52.4% - Industry AVG
HIGHLAND APPLIANCE SERVICES LTD. financials
Highland Appliance Services Ltd.'s latest turnover from March 2024 is estimated at £215.4 thousand and the company has net assets of £164.9 thousand. According to their latest financial statements, Highland Appliance Services Ltd. has 6 employees and maintains cash reserves of £29.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 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 | 6 | 6 | 7 | 7 | ||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,082 | 21,987 | 23,372 | 25,280 | 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 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 26,082 | 21,987 | 23,372 | 25,280 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 52,920 | 48,180 | 64,676 | 64,222 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,088 | 26,588 | 30,983 | 37,961 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 107,826 | 58,843 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 3,149 | 7,352 | 0 | 0 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 29,171 | 21,600 | 79,455 | 40,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 222,154 | 162,563 | 175,114 | 142,529 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total assets | 248,236 | 184,550 | 198,486 | 167,809 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 35,688 | 45,938 | 59,902 | 68,036 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 8,924 | 8,924 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 26,465 | 8,849 | 60,831 | 78,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 71,077 | 63,711 | 120,733 | 146,335 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 8,855 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 3,395 | 2,834 | 2,061 | 2,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 12,250 | 2,834 | 2,061 | 2,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 83,327 | 66,545 | 122,794 | 148,758 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| net assets | 164,909 | 118,005 | 75,692 | 19,051 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total shareholders funds | 164,909 | 118,005 | 75,692 | 19,051 | 100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Mar 2024 | Mar 2023 | Mar 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Profit | ||||||||||||||||
| Depreciation | 6,687 | 3,902 | 1,908 | 759 | 0 | 0 | ||||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||||
| Tax | ||||||||||||||||
| Stock | 4,740 | -16,496 | 454 | 64,222 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 47,280 | 61,800 | -6,978 | 37,861 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | -10,250 | -13,964 | -8,134 | 68,036 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 17,616 | -51,982 | -17,468 | 78,299 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 561 | 773 | -362 | 2,423 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||||
| Investing Activities | ||||||||||||||||
| capital expenditure | ||||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | -100 | 100 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||||
| Financing Activities | ||||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 8,924 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 8,855 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||||
| interest | ||||||||||||||||
| cash flow from financing | ||||||||||||||||
| cash and cash equivalents | ||||||||||||||||
| cash | 7,571 | -57,855 | 39,109 | 40,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 7,571 | -57,855 | 39,109 | 40,346 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
highland appliance services ltd. Credit Report and Business Information
Highland Appliance Services Ltd. Competitor Analysis
Perform a competitor analysis for highland appliance services ltd. by selecting its closest rivals, whether from the MANUFACTURING sector, other micro companies, companies in IV2 area or any other competitors across 12 key performance metrics.
highland appliance services ltd. Ownership
HIGHLAND APPLIANCE SERVICES LTD. group structure
Highland Appliance Services Ltd. has no subsidiary companies.
Ultimate parent company
2 parents
HIGHLAND APPLIANCE SERVICES LTD.
SC253027
highland appliance services ltd. directors
Highland Appliance Services Ltd. currently has 4 directors. The longest serving directors include Mr Stuart Hall (Mar 2022) and Mr Scott Pallister (Mar 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Hall | 57 years | Mar 2022 | - | Director | |
| Mr Scott Pallister | England | 44 years | Mar 2022 | - | Director |
| Mr Scott Pallister | England | 44 years | Mar 2022 | - | Director |
| Mr Kevin Brown | England | 56 years | Mar 2022 | - | Director |
P&L
March 2024turnover
215.4k
-5%
operating profit
61.2k
0%
gross margin
23.4%
-13.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
164.9k
+0.4%
total assets
248.2k
+0.35%
cash
29.2k
+0.35%
net assets
Total assets minus all liabilities
Similar Companies
highland appliance services ltd. company details
company number
SC253027
Type
Private limited with Share Capital
industry
33140 - Repair of electrical equipment
incorporation date
July 2003
age
22
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 3b1, smithton industrial estate, inverness, highland, IV2 7WL
Bank
-
Legal Advisor
-
highland appliance services 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 did not find charges/mortgages relating to highland appliance services ltd..
highland appliance services ltd. 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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highland appliance services ltd. Companies House Filings - See Documents
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