Highland Fuels (investments) Limited

POWER SEARCH PRICING

SOLUTIONS

highland fuels (investments) limited Company Information

Company Number

SC361091

Next Accounts

Sep 2025

Directors

George Shand

Stephen Rhodes

View All

Shareholders

trustee of highland fuels employee ownership trust

george graeme mcintosh shand

Group Structure

View All

Industry

Non-trading company

Registered Address

2 marischal square, broad street, aberdeen, AB10 1DQ

Website

www.highlandfuels.co.uk

highland fuels (investments) limited Estimated Valuation

£243.4m

Pomanda estimates the enterprise value of HIGHLAND FUELS (INVESTMENTS) LIMITED at £243.4m based on a Turnover of £332.5m and 0.73x industry multiple (adjusted for size and gross margin).

Edit your figures and get a professional valuation report.

Highland Fuels (investments) Limited is a live company located in aberdeen, AB10 1DQ with a Companies House number of SC361091. It operates in the non-trading company sector, SIC Code 74990. Founded in June 2009, it's largest shareholder is trustee of highland fuels employee ownership trust with a 60% stake. Highland Fuels (investments) Limited is a established, mega sized company, Pomanda has estimated its turnover at £332.5m with high growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Highland Fuels (Investments) Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 4 areas for improvement. Company Health Check FAQs

Health Rating4.5out of 5

7 Strong

1 Regular

4 Weak

Size

annual sales of £332.5m, make it larger than the average company (£3.8m)

Growth

3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (5.9%)

EXPORT

Highland Fuels (Investments) Limited's latest turnover from December 2023 is £332.5 million and the company has net assets of £26.5 million. According to their latest financial statements, Highland Fuels (Investments) Limited has 249 employees and maintains cash reserves of £6 million 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	332,541,375	361,261,589	222,910,669	155,390,279	222,975,967	218,383,814	193,866,898	172,499,060	175,846,039	199,151,741	206,795,752	202,942,586	180,225,826	173,621,656	47,356,333
Other Income Or Grants
Cost Of Sales	308,259,535	336,910,494	205,826,469	139,871,951	208,133,701	205,012,569	181,912,641	160,457,225	164,439,406	189,675,457	194,797,046	190,620,599	167,779,108	160,294,021	43,174,787
Gross Profit	24,281,840	24,351,095	17,084,200	15,518,328	14,842,266	13,371,245	11,954,257	12,041,835	11,406,633	9,476,284	11,998,706	12,321,987	12,446,718	13,327,635	4,181,546
Admin Expenses	17,682,371	15,936,638	12,804,036	11,991,517	12,282,156	11,458,101	10,229,422	10,444,441	10,041,829	8,505,200	10,270,698	10,464,551	10,285,224	10,374,281	3,264,514
Operating Profit	6,599,469	8,414,457	4,280,164	3,526,811	2,560,110	1,913,144	1,724,835	1,597,394	1,364,804	971,084	1,728,008	1,857,436	2,161,494	2,953,354	917,032
Interest Payable				4,008	12,194	19,900	25,837	30,449	38,524	51,731	61,152	124,078	117,925	125,469	39,976
Interest Receivable	131,703	26,505	816	3,572	2,037	2,271	874	4,466	5,983	4,110	1,345	145	232	323	400
Pre-Tax Profit	6,731,172	8,440,962	4,283,063	3,524,606	2,548,549	1,873,952	1,699,872	1,571,411	1,332,263	923,463	5,888,317	1,792,033	1,339,367	2,828,208	877,456
Tax	-1,646,448	-1,704,803	-965,487	-716,732	-570,416	-387,505	-356,796	-381,499	-327,556	-257,866	-451,012	-488,591	-578,538	-840,976	-331,401
Profit After Tax	5,084,724	6,736,159	3,317,576	2,807,874	1,978,133	1,486,447	1,343,076	1,189,912	1,004,707	665,597	5,437,305	1,303,442	760,829	1,987,232	546,055
Dividends Paid						82,204		697,819	652,794	42,827	2,049,999		49,998
Retained Profit	5,084,724	6,736,159	3,317,576	2,807,874	1,978,133	1,404,243	1,343,076	492,093	351,913	622,770	3,063,695	1,022,837	349,908	1,665,358	458,180
Employee Costs	8,448,396	7,153,244	6,005,797	5,570,328	5,743,328	5,370,336	4,833,535	4,634,504	4,419,407	3,575,578	4,185,085	4,313,657	4,199,277	4,175,383	1,302,739
Number Of Employees	249	235	232	228	224	218	209	206	201	135	136	134	139	139	134
EBITDA*	8,100,027	9,661,050	5,370,427	4,607,123	3,564,558	2,797,575	2,499,013	2,340,272	2,194,459	1,725,522	2,516,396	2,709,976	3,021,894	3,780,722	1,206,036

* 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	22,490,864	15,276,778	12,216,738	12,300,637	9,895,109	9,882,068	9,019,505	8,715,426	8,554,238	8,556,384	5,338,592	5,041,447	5,080,840	5,685,682	5,926,846
Intangible Assets	1,633,649	1,677,155	1,795,661	1,929,348	2,093,421	2,257,494	2,421,568	2,585,641	2,749,713	2,914,012	2,445,495	2,590,409	2,786,412	2,944,134	3,101,856
Investments & Other		93,333	93,333	29,083	29,033	30,437
Debtors (Due After 1 year)
Total Fixed Assets	24,124,513	17,047,266	14,105,732	14,259,068	12,017,563	12,169,999	11,441,073	11,301,067	11,303,951	11,470,396	7,784,087	7,631,856	7,867,252	8,629,816	9,028,702
Stock & work in progress	2,582,049	2,744,383	2,198,854	1,460,415	1,561,393	1,545,104	1,434,335	1,418,433	1,198,590	1,257,169	1,335,769	4,577,862	3,545,652	3,333,401	2,906,363
Trade Debtors	19,330,732	19,576,549	15,185,862	8,761,846	12,982,016	11,357,962	11,176,240	11,576,012	8,762,942	13,018,330	13,187,691	15,836,004	14,749,019	16,228,004	11,791,822
Group Debtors
Misc Debtors	2,773,866	3,552,764	2,559,171	2,369,482	1,863,220	2,005,893	1,934,973	1,850,710	1,187,875	2,948,958	2,860,982	1,642,595	1,062,281	1,293,755	632,379
Cash	5,959,692	15,210,996	7,642,671	7,070,521	2,929,946	1,820,507	2,697,289	3,704,816	3,790,728	273,361	2,226	89,964	436,689	68,264	64,885
misc current assets
total current assets	30,646,339	41,084,692	27,586,558	19,662,264	19,336,575	16,729,466	17,242,837	18,549,971	14,940,135	17,497,818	17,386,668	22,146,425	19,793,641	20,923,424	15,395,449
total assets	54,770,852	58,131,958	41,692,290	33,921,332	31,354,138	28,899,465	28,683,910	29,851,038	26,244,086	28,968,214	25,170,755	29,778,281	27,660,893	29,553,240	24,424,151
Bank overdraft										201,994	769,458	2,956,651	1,460,536	1,744,914	1,154,674
Bank loan
Trade Creditors	20,830,329	24,833,182	15,306,012	10,733,384	14,008,218	13,095,998	12,894,186	13,020,926	9,789,200	15,195,793	11,844,656	15,874,095	15,756,738	17,091,428	13,632,965
Group/Directors Accounts		14,580
other short term finances														500,000	750,000
hp & lease commitments					49,896	134,042	192,002	262,826	305,477	305,131	260,704	230,817	280,600	301,941	440,476
other current liabilities	3,875,516	3,623,151	3,845,364	4,158,583	3,233,235	2,707,288	3,004,763	3,917,698	3,734,715	1,394,978	1,004,599	1,248,475	1,744,826	2,377,963	1,940,843
total current liabilities	24,705,845	28,470,913	19,151,376	14,891,967	17,291,349	15,937,328	16,090,951	17,201,450	13,829,392	17,097,896	13,879,417	20,310,038	19,242,700	22,016,246	17,918,958
loans															500,000
hp & lease commitments						49,895	188,877	379,722	642,548	522,839	530,617	328,890	542,082	368,888	516,065
Accruals and Deferred Income
other liabilities
provisions	3,525,232	1,796,233	1,412,261	1,218,288	675,065	576,629	404,277	369,037	395,256	328,813	113,463	62,056	102,256	129,213	137,467
total long term liabilities	3,525,232	1,796,233	1,412,261	1,218,288	675,065	626,524	593,154	748,759	1,037,804	851,652	644,080	390,946	644,338	498,101	1,153,532
total liabilities	28,231,077	30,267,146	20,563,637	16,110,255	17,966,414	16,563,852	16,684,105	17,950,209	14,867,196	17,949,548	14,523,497	20,700,984	19,887,038	22,514,347	19,072,490
net assets	26,539,775	27,864,812	21,128,653	17,811,077	13,387,724	12,335,613	11,999,805	11,900,829	11,376,890	11,018,666	10,647,258	7,583,563	6,560,726	6,186,688	4,521,330
total shareholders funds	26,539,775	27,864,812	21,128,653	17,811,077	13,387,724	12,335,613	11,999,805	11,900,829	11,376,890	11,018,666	10,647,258	7,583,563	6,560,726	6,186,688	4,521,330

	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	6,599,469	8,414,457	4,280,164	3,526,811	2,560,110	1,913,144	1,724,835	1,597,394	1,364,804	971,084	1,728,008	1,857,436	2,161,494	2,953,354	917,032
Depreciation	1,382,052	1,128,087	956,576	916,239	840,374	720,357	610,105	578,806	665,356	610,699	654,928	694,818	702,678	669,646	236,430
Amortisation	118,506	118,506	133,687	164,073	164,074	164,074	164,073	164,072	164,299	143,739	133,460	157,722	157,722	157,722	52,574
Tax	-1,646,448	-1,704,803	-965,487	-716,732	-570,416	-387,505	-356,796	-381,499	-327,556	-257,866	-451,012	-488,591	-578,538	-840,976	-331,401
Stock	-162,334	545,529	738,439	-100,978	16,289	110,769	15,902	219,843	-58,579	-78,600	-3,242,093	1,032,210	212,251	427,038	2,906,363
Debtors	-1,024,715	5,384,280	6,613,705	-3,713,908	1,481,381	252,642	-315,509	3,475,905	-6,016,471	-81,385	-1,429,926	1,667,299	-1,710,459	5,097,558	12,424,201
Creditors	-4,002,853	9,527,170	4,572,628	-3,274,834	912,220	201,812	-126,740	3,231,726	-5,406,593	3,351,137	-4,029,439	117,357	-1,334,690	3,458,463	13,632,965
Accruals and Deferred Income	252,365	-222,213	-313,219	925,348	525,947	-297,475	-912,935	182,983	2,339,737	390,379	-243,876	-496,351	-633,137	437,120	1,940,843
Deferred Taxes & Provisions	1,728,999	383,972	193,973	543,223	98,436	172,352	35,240	-26,219	66,443	215,350	51,407	-40,200	-26,957	-8,254	137,467
Cash flow from operations	5,619,139	11,715,367	1,506,178	5,899,014	3,033,075	2,123,348	1,437,389	1,651,515	4,941,540	5,584,507	2,515,495	-897,318	1,946,780	1,302,479	1,255,346
Investing Activities
capital expenditure						-1,602,787	-642,673	-723,655	-401,887	-3,580,204	4,459,806	-537,204	-209,326	-244,753	14,569
Change in Investments	-93,333		64,250	50	-1,404	30,437
cash flow from investments	93,333		-64,250	-50	1,404	-1,633,224	-642,673	-723,655	-401,887	-3,580,204	4,459,806	-537,204	-209,326	-244,753	14,569
Financing Activities
Bank loans
Group/Directors Accounts	-14,580	14,580
Other Short Term Loans													-500,000	-250,000	750,000
Long term loans														-500,000	500,000
Hire Purchase and Lease Commitments				-49,896	-134,041	-196,942	-261,669	-305,477	120,055	36,649	231,614	-262,975	151,853	-285,712	956,541
other long term liabilities
share issue	-6,409,761			1,615,479	-926,022	-1,068,435	-1,244,100	31,846	6,311	-251,362			24,130		4,063,150
interest	131,703	26,505	816	-436	-10,157	-17,629	-24,963	-25,983	-32,541	-47,621	-59,807	-123,933	-117,693	-125,146	-39,576
cash flow from financing	-6,292,638	41,085	816	1,565,147	-1,070,220	-1,283,006	-1,530,732	-299,614	93,825	-262,334	171,807	-386,908	-441,710	-1,160,858	6,230,115
cash and cash equivalents
cash	-9,251,304	7,568,325	572,150	4,140,575	1,109,439	-876,782	-1,007,527	-85,912	3,517,367	271,135	-87,738	-346,725	368,425	3,379	64,885
overdraft									-201,994	-567,464	-2,187,193	1,496,115	-284,378	590,240	1,154,674
change in cash	-9,251,304	7,568,325	572,150	4,140,575	1,109,439	-876,782	-1,007,527	-85,912	3,719,361	838,599	2,099,455	-1,842,840	652,803	-586,861	-1,089,789

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for highland fuels (investments) limited. Get real-time insights into highland fuels (investments) limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for highland fuels (investments) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in AB10 area or any other competitors across 12 key performance metrics.

HIGHLAND FUELS (INVESTMENTS) LIMITED group structure

Highland Fuels (Investments) Limited has 1 subsidiary company.

Ultimate parent company

HIGHLAND FUELS (INVESTMENTS) LIMITED

SC361091

1 subsidiary

HIGHLAND FUELS HOLDINGS LIMITED

SC215790

HIGHLAND FUELS (INVESTMENTS) LIMITED Shareholders

trustee of highland fuels employee ownership trust	60%
george graeme mcintosh shand	40%

Highland Fuels (Investments) Limited currently has 4 directors. The longest serving directors include Mr George Shand (Jul 2009) and Mr Stephen Rhodes (Aug 2023).

officer	country	age	start	end	role
Mr George Shand	Scotland	60 years	Jul 2009	-	Director
Mr Stephen Rhodes	England	51 years	Aug 2023	-	Director
Mr Nicholas Clinton	Scotland	48 years	Aug 2023	-	Director
Mrs Pamela MacLean	Scotland	56 years	Aug 2023	-	Director

P&L

December 2023

turnover

332.5m

-8%

operating profit

6.6m

-22%

gross margin

7.4%

+8.33%

turnover

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

Balance Sheet

December 2023

net assets

26.5m

-0.05%

total assets

54.8m

-0.06%

cash

-0.61%

net assets

Total assets minus all liabilities

Similar Companies

peninsula business services group limited

innospec performance chemicals europe limited

2.5

leo group holdings limited

stagecoach transport holdings limited

white capstan limited

2.5

company number

SC361091

Type

Private limited with Share Capital

industry

74990 - Non-trading company

incorporation date

June 2009

ultimate parent company

None

previous names

ledge 1086 limited (July 2009)

address

2 marischal square, broad street, aberdeen, AB10 1DQ

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 fuels (investments) limited. Currently there are 1 open charges and 0 have been satisfied in the past.

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 FUELS (INVESTMENTS) LIMITED. This can take several minutes, an email will notify you when this has completed.

highland fuels (investments) limited Company Information

highland fuels (investments) limited Estimated Valuation

highland fuels (investments) limited Estimated Valuation

highland fuels (investments) limited Estimated Valuation

Highland Fuels (investments) Limited Overview

Highland Fuels (investments) Limited Health Check

HIGHLAND FUELS (INVESTMENTS) LIMITED financials

highland fuels (investments) limited Credit Report and Business Information

Highland Fuels (investments) Limited Competitor Analysis

highland fuels (investments) limited Ownership

highland fuels (investments) limited directors

highland fuels (investments) limited company details

highland fuels (investments) limited Charges & Mortgages

highland fuels (investments) limited Capital Raised & Share Issues BETA

highland fuels (investments) limited Companies House Filings - See Documents