highland training services limited
highland training services limited Company Information
Company Number
SC341731
Website
-Registered Address
robertson house shore street, inverness, IV1 1NF
Industry
Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
Telephone
01463232242
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
mr david mackintosh 50%
mr martin james mackintosh 50%
highland training services limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND TRAINING SERVICES LIMITED at £112.5k based on a Turnover of £232.9k and 0.48x industry multiple (adjusted for size and gross margin).
highland training services limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND TRAINING SERVICES LIMITED at £106.8k based on an EBITDA of £27.1k and a 3.94x industry multiple (adjusted for size and gross margin).
highland training services limited Estimated Valuation
Pomanda estimates the enterprise value of HIGHLAND TRAINING SERVICES LIMITED at £206.1k based on Net Assets of £90.9k and 2.27x industry multiple (adjusted for liquidity).
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Highland Training Services Limited Overview
Highland Training Services Limited is a live company located in inverness, IV1 1NF with a Companies House number of SC341731. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in April 2008, it's largest shareholder is mr david mackintosh with a 50% stake. Highland Training Services Limited is a established, micro sized company, Pomanda has estimated its turnover at £232.9k with healthy growth in recent years.
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Highland Training Services Limited Health Check
Pomanda's financial health check has awarded Highland Training Services Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £232.9k, make it smaller than the average company (£1.8m)
- Highland Training Services Limited
£1.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.9%)
- Highland Training Services Limited
5.9% - Industry AVG
Production
with a gross margin of 44.9%, this company has a comparable cost of product (44.9%)
- Highland Training Services Limited
44.9% - Industry AVG
Profitability
an operating margin of 9.7% make it more profitable than the average company (6.2%)
- Highland Training Services Limited
6.2% - Industry AVG
Employees
with 4 employees, this is below the industry average (15)
4 - Highland Training Services Limited
15 - Industry AVG
Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Highland Training Services Limited
£49.4k - Industry AVG
Efficiency
resulting in sales per employee of £58.2k, this is less efficient (£116.9k)
- Highland Training Services Limited
£116.9k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is earlier than average (56 days)
- Highland Training Services Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 10 days, this is quicker than average (32 days)
- Highland Training Services Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Highland Training Services Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 153 weeks, this is more cash available to meet short term requirements (28 weeks)
153 weeks - Highland Training Services Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 22.9%, this is a lower level of debt than the average (52.7%)
22.9% - Highland Training Services Limited
52.7% - Industry AVG
HIGHLAND TRAINING SERVICES LIMITED financials
Highland Training Services Limited's latest turnover from May 2023 is estimated at £232.9 thousand and the company has net assets of £90.9 thousand. According to their latest financial statements, Highland Training Services Limited has 4 employees and maintains cash reserves of £65.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 24,525 | 23,641 | 31,657 | 31,726 | 30,850 | 30,882 | 39,600 | 37,029 | 21,393 | 27,919 | 17,901 | 23,604 | 27,815 | 26,728 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 7,000 | 14,000 | 21,000 | 28,000 | 35,000 | 42,000 | 49,000 | 56,000 |
| Investments & Other | 0 | 0 | 0 | 0 | 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 |
| Total Fixed Assets | 24,525 | 23,641 | 31,657 | 31,726 | 30,850 | 30,882 | 46,600 | 51,029 | 42,393 | 55,919 | 52,901 | 65,604 | 76,815 | 82,728 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 25,853 | 14,120 | 9,131 | 6,449 | 33,110 | 57,949 | 66,215 | 60,225 | 64,992 | 50,649 | 32,405 | 26,819 | 24,591 | 24,934 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,752 | 886 | 2,293 | 12,762 | 7,935 | 11,574 | 11,638 | 14,262 | 0 | 0 | 11,010 | 6,685 | 6,485 | 0 |
| Cash | 65,729 | 64,055 | 53,297 | 84,896 | 78,932 | 65,567 | 51,104 | 57,348 | 49,081 | 47,429 | 11,194 | 8,095 | 16,289 | 16,151 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 93,334 | 79,061 | 64,721 | 104,107 | 119,977 | 135,090 | 128,957 | 131,835 | 114,073 | 98,078 | 54,609 | 41,599 | 47,365 | 41,085 |
| total assets | 117,859 | 102,702 | 96,378 | 135,833 | 150,827 | 165,972 | 175,557 | 182,864 | 156,466 | 153,997 | 107,510 | 107,203 | 124,180 | 123,813 |
| Bank overdraft | 0 | 505 | 3,110 | 2,624 | 0 | 0 | 0 | 0 | 0 | 0 | 5,289 | 15,347 | 17,612 | 17,678 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,810 | 7,593 | 5,946 | 745 | 7,136 | 16,413 | 14,389 | 6,371 | 59,815 | 59,271 | 8,023 | 10,331 | 5,724 | 7,930 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 2,514 | 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 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 18,500 | 18,282 | 11,925 | 17,232 | 25,730 | 37,053 | 38,569 | 53,709 | 0 | 0 | 25,592 | 19,905 | 25,259 | 21,398 |
| total current liabilities | 22,310 | 26,380 | 20,981 | 20,601 | 32,866 | 55,980 | 52,958 | 60,080 | 59,815 | 59,271 | 38,904 | 45,583 | 48,595 | 47,006 |
| loans | 0 | 0 | 505 | 3,387 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,517 | 17,145 | 28,575 |
| hp & lease commitments | 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 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 7,216 | 5,952 | 4,139 | 8,250 | 5,000 | 5,000 | 5,000 | 5,000 |
| provisions | 4,660 | 4,492 | 6,015 | 6,028 | 5,245 | 5,250 | 6,732 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 4,660 | 4,492 | 6,520 | 9,415 | 5,245 | 5,250 | 13,948 | 5,952 | 4,139 | 8,250 | 5,000 | 10,517 | 22,145 | 33,575 |
| total liabilities | 26,970 | 30,872 | 27,501 | 30,016 | 38,111 | 61,230 | 66,906 | 66,032 | 63,954 | 67,521 | 43,904 | 56,100 | 70,740 | 80,581 |
| net assets | 90,889 | 71,830 | 68,877 | 105,817 | 112,716 | 104,742 | 108,651 | 116,832 | 92,512 | 86,476 | 63,606 | 51,103 | 53,440 | 43,232 |
| total shareholders funds | 90,889 | 71,830 | 68,877 | 105,817 | 112,716 | 104,742 | 108,651 | 116,832 | 92,512 | 86,476 | 63,606 | 51,103 | 53,440 | 43,232 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 4,613 | 6,445 | 7,369 | 7,805 | 6,682 | 9,644 | 6,866 | 7,843 | 6,526 | 8,589 | 5,703 | 3,878 | 8,938 | 8,532 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 | 7,000 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 12,599 | 3,582 | -7,787 | -21,834 | -28,478 | -8,330 | 3,366 | 9,495 | 14,343 | 7,234 | 9,911 | 2,428 | 6,142 | 24,934 |
| Creditors | -3,783 | 1,647 | 5,201 | -6,391 | -9,277 | 2,024 | 8,018 | -53,444 | 544 | 51,248 | -2,308 | 4,607 | -2,206 | 7,930 |
| Accruals and Deferred Income | 218 | 6,357 | -5,307 | -8,498 | -11,323 | -1,516 | -15,140 | 53,709 | 0 | -25,592 | 5,687 | -5,354 | 3,861 | 21,398 |
| Deferred Taxes & Provisions | 168 | -1,523 | -13 | 783 | -5 | -1,482 | 6,732 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 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 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | -2,514 | 2,514 | 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 |
| Long term loans | 0 | -505 | -2,882 | 3,387 | 0 | 0 | 0 | 0 | 0 | 0 | -5,517 | -11,628 | -11,430 | 28,575 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | -7,216 | 1,264 | 1,813 | -4,111 | 3,250 | 0 | 0 | 0 | 5,000 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 1,674 | 10,758 | -31,599 | 5,964 | 13,365 | 14,463 | -6,244 | 8,267 | 1,652 | 36,235 | 3,099 | -8,194 | 138 | 16,151 |
| overdraft | -505 | -2,605 | 486 | 2,624 | 0 | 0 | 0 | 0 | 0 | -5,289 | -10,058 | -2,265 | -66 | 17,678 |
| change in cash | 2,179 | 13,363 | -32,085 | 3,340 | 13,365 | 14,463 | -6,244 | 8,267 | 1,652 | 41,524 | 13,157 | -5,929 | 204 | -1,527 |
highland training services limited Credit Report and Business Information
Highland Training Services Limited Competitor Analysis
Perform a competitor analysis for highland training services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in IV1 area or any other competitors across 12 key performance metrics.
highland training services limited Ownership
HIGHLAND TRAINING SERVICES LIMITED group structure
Highland Training Services Limited has no subsidiary companies.
Ultimate parent company
HIGHLAND TRAINING SERVICES LIMITED
SC341731
highland training services limited directors
Highland Training Services Limited currently has 5 directors. The longest serving directors include Mr David MacKintosh (Apr 2008) and Mr James MacKintosh (Jul 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David MacKintosh | 75 years | Apr 2008 | - | Director | |
| Mr James MacKintosh | United Kingdom | 40 years | Jul 2018 | - | Director |
| Mr Martin MacKintosh | United Kingdom | 56 years | Jul 2018 | - | Director |
| Mr David MacKintosh | United Kingdom | 53 years | Jul 2018 | - | Director |
| Mrs Susan Taylor | United Kingdom | 50 years | Jul 2018 | - | Director |
P&L
May 2023turnover
232.9k
+22%
operating profit
22.5k
0%
gross margin
44.9%
+0.92%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
90.9k
+0.27%
total assets
117.9k
+0.15%
cash
65.7k
+0.03%
net assets
Total assets minus all liabilities
Similar Companies
highland training services limited company details
company number
SC341731
Type
Private limited with Share Capital
industry
74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.
incorporation date
April 2008
age
16
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
N/A
accountant
-
auditor
-
address
robertson house shore street, inverness, IV1 1NF
Bank
-
Legal Advisor
-
highland training services 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 highland training services limited. Currently there are 1 open charges and 0 have been satisfied in the past.
highland training services limited Companies House Filings - See Documents
| date | description | view/download |
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