highland i.t. support limited

highland i.t. support limited Company Information

Share HIGHLAND I.T. SUPPORT LIMITED
Live 
MatureMicroDeclining

Company Number

SC255213

Industry

Computer consultancy activities

 

Shareholders

stephen rowan

sally rowan

Group Structure

View All

Contact

Registered Address

33 glenburn drive, inverness, IV2 4NE

highland i.t. support limited Estimated Valuation

£4.7k

Pomanda estimates the enterprise value of HIGHLAND I.T. SUPPORT LIMITED at £4.7k based on a Turnover of £9.1k and 0.52x industry multiple (adjusted for size and gross margin).

highland i.t. support limited Estimated Valuation

£0

Pomanda estimates the enterprise value of HIGHLAND I.T. SUPPORT LIMITED at £0 based on an EBITDA of £-488 and a 3.66x industry multiple (adjusted for size and gross margin).

highland i.t. support limited Estimated Valuation

£11.4k

Pomanda estimates the enterprise value of HIGHLAND I.T. SUPPORT LIMITED at £11.4k based on Net Assets of £5k and 2.3x industry multiple (adjusted for liquidity).

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Highland I.t. Support Limited Overview

Highland I.t. Support Limited is a live company located in inverness, IV2 4NE with a Companies House number of SC255213. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 2003, it's largest shareholder is stephen rowan with a 50% stake. Highland I.t. Support Limited is a mature, micro sized company, Pomanda has estimated its turnover at £9.1k with declining growth in recent years.

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Highland I.t. Support Limited Health Check

Pomanda's financial health check has awarded Highland I.T. Support Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 8 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating1.5out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

8 Weak

size

Size

annual sales of £9.1k, make it smaller than the average company (£742.4k)

£9.1k - Highland I.t. Support Limited

£742.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -18%, show it is growing at a slower rate (9.2%)

-18% - Highland I.t. Support Limited

9.2% - Industry AVG

production

Production

with a gross margin of 22.7%, this company has a higher cost of product (44.5%)

22.7% - Highland I.t. Support Limited

44.5% - Industry AVG

profitability

Profitability

an operating margin of -5.4% make it less profitable than the average company (6.7%)

-5.4% - Highland I.t. Support Limited

6.7% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (8)

1 - Highland I.t. Support Limited

8 - Industry AVG

paystructure

Pay Structure

on an average salary of £54.4k, the company has an equivalent pay structure (£54.4k)

£54.4k - Highland I.t. Support Limited

£54.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £9.1k, this is less efficient (£127.4k)

£9.1k - Highland I.t. Support Limited

£127.4k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 167 days, this is later than average (62 days)

167 days - Highland I.t. Support Limited

62 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 23 days, this is quicker than average (27 days)

23 days - Highland I.t. Support Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Highland I.t. Support Limited

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Highland I.t. Support Limited

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 11.6%, this is a lower level of debt than the average (54%)

11.6% - Highland I.t. Support Limited

54% - Industry AVG

HIGHLAND I.T. SUPPORT LIMITED financials

EXPORTms excel logo

Highland I.T. Support Limited's latest turnover from March 2024 is estimated at £9.1 thousand and the company has net assets of £5 thousand. According to their latest financial statements, we estimate that Highland I.T. Support Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover9,08510,01912,68716,27954,33557,21761,52017,7713,4801,88736,12723,55817,62421,94532,225
Other Income Or Grants000000000000000
Cost Of Sales7,0247,4319,39212,06839,01641,28043,86712,4232,4101,31724,67115,51811,67114,71320,859
Gross Profit2,0612,5883,2954,21115,31915,93617,6535,3481,07157011,4568,0415,9537,23111,367
Admin Expenses2,549-2,814-3,898-5,16114,33819,07813,0844,9353,3558,6074,9033,5607,1389,257-222
Operating Profit-4885,4027,1939,372981-3,1424,569413-2,284-8,0376,5534,481-1,185-2,02611,589
Interest Payable000000000000000
Interest Receivable0000000736494326242915
Pre-Tax Profit-4885,4797,3427,591981-3,1424,569420-2,248-7,9886,5964,507-1,161-1,99711,604
Tax0-1,103-1,5160-1860-868-8400-1,517-1,08200-3,249
Profit After Tax-4884,3765,8267,591795-3,1423,701336-2,248-7,9885,0793,425-1,161-1,9978,355
Dividends Paid000000000000000
Retained Profit-4884,3765,8267,591795-3,1423,701336-2,248-7,9885,0793,425-1,161-1,9978,355
Employee Costs54,36900092,828105,516102,81654,80657,59357,79656,09254,14854,15252,13653,420
Number Of Employees111222211111111
EBITDA*-4885,8447,83010,121981-3,1424,569413-1,282-6,8437,8195,413-615-71312,995

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets1,169774041,04172051516692717314638031295791,009
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,169774041,04172051516692717314638031295791,009
Stock & work in progress00000000478448665325261258220
Trade Debtors4,1686,7139,6027,2437,9266,89611,0296,7098374247,9575,3653,8924,9317,075
Group Debtors000000000000000
Misc Debtors273271348365357000338244417421336368132
Cash000000005,9558,40111,0786,2294,1075,3866,072
misc current assets000003383243230000000
total current assets4,4416,9849,9507,6088,2837,23411,3537,0327,6089,51720,11712,3408,59610,94313,499
total assets5,6107,06110,3548,6499,0037,74911,3697,1017,87910,24820,58013,1438,72511,52214,508
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 4501,3631,9822,7433,1762,7293,2072,4260000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities000000004,4124,5336,8774,5193,5265,1626,151
total current liabilities4501,3631,9822,7433,1762,7293,2072,4264,4124,5336,8774,5193,5265,1626,151
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income2002503006606726606608740000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities2002503006606726606608740000000
total liabilities6501,6132,2823,4033,8483,3893,8673,3004,4124,5336,8774,5193,5265,1626,151
net assets4,9605,4488,0725,2465,1554,3607,5023,8013,4675,71513,7038,6245,1996,3608,357
total shareholders funds4,9605,4488,0725,2465,1554,3607,5023,8013,4675,71513,7038,6245,1996,3608,357
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit-4885,4027,1939,372981-3,1424,569413-2,284-8,0376,5534,481-1,185-2,02611,589
Depreciation044263774900001,0021,1941,2669325701,3131,406
Amortisation000000000000000
Tax0-1,103-1,5160-1860-868-8400-1,517-1,08200-3,249
Stock0000000-47830-21734064338220
Debtors-2,543-2,9662,342-6751,387-4,1334,3205,534507-7,7062,5881,558-1,071-1,9087,207
Creditors-913-619-761-433447-4787812,4260000000
Accruals and Deferred Income-50-50-360-12120-214-3,538-121-2,3442,358993-1,636-9896,151
Deferred Taxes & Provisions000000000000000
Cash flow from operations1,0927,0382,85110,351-133513-52-5,839-1,940-1,2645,7323,702-1,1831688,470
Investing Activities
capital expenditure-1,092-1150-1,070-205-49953202-542-1,462-926-1,606-120-883-2,415
Change in Investments000000000000000
cash flow from investments-1,092-1150-1,070-205-49953202-542-1,462-926-1,606-120-883-2,415
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0-7,000-3,000-7,500000-20000002
interest0000000736494326242915
cash flow from financing0-7,000-3,000-7,500000536494326242917
cash and cash equivalents
cash0000000-5,955-2,446-2,6774,8492,122-1,279-6866,072
overdraft000000000000000
change in cash0000000-5,955-2,446-2,6774,8492,122-1,279-6866,072

highland i.t. support limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Highland I.t. Support Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for highland i.t. support limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in IV2 area or any other competitors across 12 key performance metrics.

highland i.t. support limited Ownership

HIGHLAND I.T. SUPPORT LIMITED group structure

Highland I.T. Support Limited has no subsidiary companies.

Ultimate parent company

HIGHLAND I.T. SUPPORT LIMITED

SC255213

HIGHLAND I.T. SUPPORT LIMITED Shareholders

stephen rowan 50%
sally rowan 50%

highland i.t. support limited directors

Highland I.T. Support Limited currently has 2 directors. The longest serving directors include Mrs Sally Rowan (Sep 2003) and Mr Stephen Rowan (Sep 2003).

officercountryagestartendrole
Mrs Sally Rowan71 years Sep 2003- Director
Mr Stephen RowanScotland68 years Sep 2003- Director

P&L

March 2024

turnover

9.1k

-9%

operating profit

-488

0%

gross margin

22.7%

-12.17%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

5k

-0.09%

total assets

5.6k

-0.21%

cash

0

0%

net assets

Total assets minus all liabilities

highland i.t. support limited company details

company number

SC255213

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

September 2003

age

21

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

-

address

33 glenburn drive, inverness, IV2 4NE

Bank

-

Legal Advisor

-

highland i.t. support 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 highland i.t. support limited.

highland i.t. support 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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highland i.t. support limited Companies House Filings - See Documents

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