hcs control systems group limited
hcs control systems group limited Company Information
Company Number
SC427652
Next Accounts
Sep 2025
Shareholders
simmons parallel private l.p. (registered number 996)
maven income & growth vct 4 plc
View AllGroup Structure
View All
Industry
Management consultancy activities (other than financial management)
+1Registered Address
unit v2 viewfield road, viewfield industrial estate, glenrothes, KY6 2QX
Website
www.hcs-control-systems.comhcs control systems group limited Estimated Valuation
Pomanda estimates the enterprise value of HCS CONTROL SYSTEMS GROUP LIMITED at £32.1m based on a Turnover of £27.7m and 1.16x industry multiple (adjusted for size and gross margin).
hcs control systems group limited Estimated Valuation
Pomanda estimates the enterprise value of HCS CONTROL SYSTEMS GROUP LIMITED at £35.4m based on an EBITDA of £5.5m and a 6.49x industry multiple (adjusted for size and gross margin).
hcs control systems group limited Estimated Valuation
Pomanda estimates the enterprise value of HCS CONTROL SYSTEMS GROUP LIMITED at £0 based on Net Assets of £-14.2m and 1.96x industry multiple (adjusted for liquidity).
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Hcs Control Systems Group Limited Overview
Hcs Control Systems Group Limited is a live company located in glenrothes, KY6 2QX with a Companies House number of SC427652. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in July 2012, it's largest shareholder is simmons parallel private l.p. (registered number 996) with a 39.1% stake. Hcs Control Systems Group Limited is a established, large sized company, Pomanda has estimated its turnover at £27.7m with high growth in recent years.
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Hcs Control Systems Group Limited Health Check
Pomanda's financial health check has awarded Hcs Control Systems Group Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 5 areas for improvement. Company Health Check FAQs
7 Strong
0 Regular
5 Weak
Size
annual sales of £27.7m, make it larger than the average company (£9.9m)
£27.7m - Hcs Control Systems Group Limited
£9.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 18%, show it is growing at a faster rate (9.5%)
18% - Hcs Control Systems Group Limited
9.5% - Industry AVG
Production
with a gross margin of 37.8%, this company has a higher cost of product (47.5%)
37.8% - Hcs Control Systems Group Limited
47.5% - Industry AVG
Profitability
an operating margin of 14.9% make it more profitable than the average company (5.9%)
14.9% - Hcs Control Systems Group Limited
5.9% - Industry AVG
Employees
with 99 employees, this is above the industry average (56)
99 - Hcs Control Systems Group Limited
56 - Industry AVG
Pay Structure
on an average salary of £76.9k, the company has a higher pay structure (£50.9k)
£76.9k - Hcs Control Systems Group Limited
£50.9k - Industry AVG
Efficiency
resulting in sales per employee of £279.4k, this is more efficient (£161.9k)
£279.4k - Hcs Control Systems Group Limited
£161.9k - Industry AVG
Debtor Days
it gets paid by customers after 106 days, this is later than average (54 days)
106 days - Hcs Control Systems Group Limited
54 days - Industry AVG
Creditor Days
its suppliers are paid after 43 days, this is slower than average (35 days)
43 days - Hcs Control Systems Group Limited
35 days - Industry AVG
Stock Days
it holds stock equivalent to 8 days, this is less than average (32 days)
8 days - Hcs Control Systems Group Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 14 weeks, this is less cash available to meet short term requirements (19 weeks)
14 weeks - Hcs Control Systems Group Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 191.4%, this is a higher level of debt than the average (62.8%)
191.4% - Hcs Control Systems Group Limited
62.8% - Industry AVG
HCS CONTROL SYSTEMS GROUP LIMITED financials
Hcs Control Systems Group Limited's latest turnover from December 2023 is £27.7 million and the company has net assets of -£14.2 million. According to their latest financial statements, Hcs Control Systems Group Limited has 99 employees and maintains cash reserves of £2.9 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 27,665,415 | 18,123,120 | 14,048,646 | 16,753,556 | 15,597,343 | 10,711,095 | 5,045,457 | 3,859,804 | 13,347,974 | 14,646,222 | 8,400,680 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 17,200,289 | 12,714,084 | 10,483,498 | 13,744,899 | 12,136,099 | 8,052,981 | 4,268,645 | 3,590,619 | 9,754,738 | 10,473,096 | 6,399,657 |
| Gross Profit | 10,465,126 | 5,409,036 | 3,565,148 | 3,008,657 | 3,461,244 | 2,658,114 | 776,812 | 269,185 | 3,593,236 | 4,173,126 | 2,001,023 |
| Admin Expenses | 6,334,058 | 4,434,652 | 3,133,230 | 2,455,490 | 2,899,563 | 3,044,611 | 3,119,893 | 3,396,777 | 3,585,982 | 3,709,355 | 1,640,894 |
| Operating Profit | 4,131,068 | 974,384 | 431,918 | 553,167 | 561,681 | -386,497 | -2,343,081 | -3,127,592 | 7,254 | 463,771 | 360,129 |
| Interest Payable | 1,114,760 | 1,063,012 | 1,050,067 | 982,371 | 978,478 | 1,276,051 | 1,603,207 | 1,600,001 | 1,585,112 | 1,584,705 | 817,903 |
| Interest Receivable | 31,459 | 26,739 | 31,841 | ||||||||
| Pre-Tax Profit | 3,047,767 | -61,889 | -586,308 | -429,204 | -416,797 | -1,662,548 | -3,946,288 | -4,727,593 | -1,577,858 | -1,120,934 | -457,774 |
| Tax | -654,323 | -181,229 | -198,002 | -130 | -59,226 | -1,337 | 212,137 | -123,631 | -255,625 | -151,915 | |
| Profit After Tax | 2,393,444 | -243,118 | -784,310 | -429,334 | -416,797 | -1,721,774 | -3,947,625 | -4,515,456 | -1,701,489 | -1,376,559 | -609,689 |
| Dividends Paid | |||||||||||
| Retained Profit | 1,391,151 | -621,988 | -1,361,193 | -502,913 | -416,797 | -1,721,774 | -3,947,625 | -4,515,456 | -1,701,489 | -1,376,559 | -609,689 |
| Employee Costs | 7,611,978 | 6,150,152 | 4,768,799 | 4,769,996 | 4,403,920 | 2,857,688 | 1,888,012 | 2,470,633 | 4,526,150 | 4,023,879 | 1,711,723 |
| Number Of Employees | 99 | 81 | 80 | 86 | 79 | 61 | 43 | 60 | 96 | 85 | 69 |
| EBITDA* | 5,459,060 | 2,132,915 | 948,165 | 921,927 | 939,117 | 555,094 | -545,881 | -1,252,000 | 1,855,542 | 2,066,043 | 1,175,880 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,655,320 | 2,128,522 | 1,132,677 | 771,296 | 1,008,621 | 699,643 | 743,518 | 1,027,246 | 1,388,672 | 728,832 | 349,657 |
| Intangible Assets | 101,766 | 235,203 | 463,654 | 95,014 | 634,903 | 2,020,111 | 3,485,256 | 4,949,916 | 6,414,090 | ||
| Investments & Other | 5,479 | 31,205 | 104,784 | 91,243 | |||||||
| Debtors (Due After 1 year) | |||||||||||
| Total Fixed Assets | 1,757,086 | 2,363,725 | 1,601,810 | 897,515 | 1,113,405 | 790,886 | 1,378,421 | 3,047,357 | 4,873,928 | 5,678,748 | 6,763,747 |
| Stock & work in progress | 412,320 | 297,652 | 193,509 | 228,268 | 344,657 | 601,103 | 204,602 | 162,924 | 437,222 | 729,445 | 218,684 |
| Trade Debtors | 8,079,597 | 6,094,521 | 5,781,473 | 9,626,334 | 5,722,723 | 2,916,843 | 2,201,789 | 1,655,981 | 3,227,991 | 7,542,484 | 7,527,345 |
| Group Debtors | |||||||||||
| Misc Debtors | 282,613 | 109,663 | 128,723 | 108,736 | 410,405 | 406,080 | 198,793 | 179,915 | 2,205,146 | 172,344 | 51,664 |
| Cash | 2,857,620 | 467,399 | 1,420,699 | 492,456 | 117,484 | 18,041 | 592,558 | 1,377,236 | 5,684 | 1,033,370 | 53,242 |
| misc current assets | |||||||||||
| total current assets | 11,632,150 | 6,969,235 | 7,524,404 | 10,455,794 | 6,595,269 | 3,942,067 | 3,197,742 | 3,376,056 | 5,876,043 | 9,477,643 | 7,850,935 |
| total assets | 13,389,236 | 9,332,960 | 9,126,214 | 11,353,309 | 7,708,674 | 4,732,953 | 4,576,163 | 6,423,413 | 10,749,971 | 15,156,391 | 14,614,682 |
| Bank overdraft | 27,816 | 1,240,789 | 1,096,408 | 999,005 | 248,536 | ||||||
| Bank loan | 1,073,982 | 503,329 | 280,000 | 420,000 | 700,000 | 2,050,000 | |||||
| Trade Creditors | 2,043,277 | 1,167,152 | 766,354 | 1,548,984 | 1,396,312 | 944,654 | 688,806 | 299,322 | 801,879 | 2,163,473 | 1,780,621 |
| Group/Directors Accounts | 462,006 | 441,682 | 419,593 | 399,547 | 372,788 | ||||||
| other short term finances | 4,522,419 | 4,054,150 | 3,614,348 | 3,146,077 | 2,597,978 | 1,987,378 | 1,376,778 | 766,178 | 309,482 | 309,482 | 1,655,519 |
| hp & lease commitments | 318,274 | 25,262 | 28,356 | 8,902 | 13,353 | 11,178 | 4,724 | 39,977 | 41,710 | ||
| other current liabilities | 2,979,386 | 2,343,189 | 3,367,538 | 5,132,920 | 1,924,625 | 831,847 | 766,323 | 191,708 | 427,228 | 1,517,297 | 1,705,224 |
| total current liabilities | 10,353,178 | 9,272,224 | 9,292,597 | 11,226,533 | 7,374,587 | 4,280,561 | 3,123,085 | 1,681,932 | 2,527,102 | 6,081,962 | 5,141,364 |
| loans | 14,579,501 | 14,292,958 | 13,992,554 | 13,699,079 | 13,405,604 | 13,112,129 | 12,508,729 | 11,856,338 | 10,678,812 | 9,813,893 | 8,979,460 |
| hp & lease commitments | 345,737 | 43,888 | 60,490 | 8,900 | 20,814 | 4,724 | 42,802 | ||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 349,558 | 363,454 | 174,162 | 145,564 | 122,476 | 24,292 | |||||
| total long term liabilities | 15,274,796 | 14,700,300 | 14,227,206 | 13,699,079 | 13,405,604 | 13,121,029 | 12,529,543 | 11,856,338 | 10,829,100 | 9,979,171 | 9,003,752 |
| total liabilities | 25,627,974 | 23,972,524 | 23,519,803 | 24,925,612 | 20,780,191 | 17,401,590 | 15,652,628 | 13,538,270 | 13,356,202 | 16,061,133 | 14,145,116 |
| net assets | -14,165,579 | -15,564,112 | -14,939,267 | -13,572,303 | -13,071,517 | -12,668,637 | -11,076,465 | -7,114,857 | -2,606,231 | -904,742 | 469,566 |
| total shareholders funds | -14,165,579 | -15,564,112 | -14,939,267 | -13,572,303 | -13,071,517 | -12,668,637 | -11,076,465 | -7,114,857 | -2,606,231 | -904,742 | 469,566 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | 4,131,068 | 974,384 | 431,918 | 553,167 | 561,681 | -386,497 | -2,343,081 | -3,127,592 | 7,254 | 463,771 | 360,129 |
| Depreciation | 1,194,555 | 930,080 | 484,575 | 368,760 | 377,436 | 306,688 | 411,992 | 410,447 | 383,628 | 130,416 | 65,428 |
| Amortisation | 133,437 | 228,451 | 31,672 | 634,903 | 1,385,208 | 1,465,145 | 1,464,660 | 1,471,856 | 750,323 | ||
| Tax | -654,323 | -181,229 | -198,002 | -130 | -59,226 | -1,337 | 212,137 | -123,631 | -255,625 | -151,915 | |
| Stock | 114,668 | 104,143 | -34,759 | -116,389 | -256,446 | 396,501 | 41,678 | -274,298 | -292,223 | 510,761 | 218,684 |
| Debtors | 2,158,026 | 293,988 | -3,824,874 | 3,601,942 | 2,810,205 | 922,341 | 564,686 | -3,597,241 | -2,281,691 | 135,819 | 7,579,009 |
| Creditors | 876,125 | 400,798 | -782,630 | 152,672 | 451,658 | 255,848 | 389,484 | -502,557 | -1,361,594 | 382,852 | 1,780,621 |
| Accruals and Deferred Income | 636,197 | -1,024,349 | -1,765,382 | 3,208,295 | 1,092,778 | 65,524 | 574,615 | -235,520 | -1,090,069 | -187,927 | 1,705,224 |
| Deferred Taxes & Provisions | -13,896 | 189,292 | 174,162 | -145,564 | 23,088 | 98,184 | 24,292 | ||||
| Cash flow from operations | 4,030,469 | 1,119,296 | 2,235,946 | 797,211 | -70,206 | -501,602 | -189,483 | 1,948,035 | 1,877,250 | 1,456,947 | -3,263,591 |
| Investing Activities | |||||||||||
| capital expenditure | -743,301 | -222,375 | -117,917 | -44,402 | -1,045,664 | -380,608 | -377,611 | ||||
| Change in Investments | -5,479 | -25,726 | -73,579 | 13,541 | 91,243 | ||||||
| cash flow from investments | 5,479 | 25,726 | 73,579 | -756,842 | -313,618 | -117,917 | -44,402 | -1,045,664 | -380,608 | -377,611 | |
| Financing Activities | |||||||||||
| Bank loans | -1,073,982 | 570,653 | 223,329 | -140,000 | -280,000 | -1,350,000 | 2,050,000 | ||||
| Group/Directors Accounts | 20,324 | 22,089 | 20,046 | 26,759 | 372,788 | ||||||
| Other Short Term Loans | 468,269 | 439,802 | 468,271 | 548,099 | 610,600 | 610,600 | 610,600 | 456,696 | -1,346,037 | 1,655,519 | |
| Long term loans | 286,543 | 300,404 | 293,475 | 293,475 | 293,475 | 603,400 | 652,391 | 1,177,526 | 864,919 | 834,433 | 8,979,460 |
| Hire Purchase and Lease Commitments | 594,861 | -19,696 | 88,846 | -8,902 | -13,351 | -9,739 | 27,268 | -39,977 | -39,811 | 84,512 | |
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | -1,083,301 | -1,036,273 | -1,018,226 | -982,371 | -978,478 | -1,276,051 | -1,603,207 | -1,600,001 | -1,585,112 | -1,584,705 | -817,903 |
| cash flow from financing | 294,078 | -296,531 | -153,359 | -1,194,795 | 869,604 | 281,141 | -466,931 | -278,926 | -2,110,004 | 40,454 | 10,896,331 |
| cash and cash equivalents | |||||||||||
| cash | 2,390,221 | -953,300 | 928,243 | 374,972 | 99,443 | -574,517 | -784,678 | 1,371,552 | -1,027,686 | 980,128 | 53,242 |
| overdraft | -1,212,973 | 144,381 | 97,403 | 999,005 | -248,536 | 248,536 | |||||
| change in cash | 3,603,194 | -1,097,681 | 830,840 | -624,033 | 99,443 | -574,517 | -784,678 | 1,620,088 | -1,276,222 | 980,128 | 53,242 |
hcs control systems group limited Credit Report and Business Information
Hcs Control Systems Group Limited Competitor Analysis
Perform a competitor analysis for hcs control systems group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other large companies, companies in KY6 area or any other competitors across 12 key performance metrics.
hcs control systems group limited Ownership
HCS CONTROL SYSTEMS GROUP LIMITED group structure
Hcs Control Systems Group Limited has 1 subsidiary company.
Ultimate parent company
HCS CONTROL SYSTEMS GROUP LIMITED
SC427652
1 subsidiary
hcs control systems group limited directors
Hcs Control Systems Group Limited currently has 3 directors. The longest serving directors include Mr Neil McGuinness (Jun 2013) and Mr Kenneth Balfour (Jun 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil McGuinness | 57 years | Jun 2013 | - | Director | |
| Mr Kenneth Balfour | United Kingdom | 60 years | Jun 2013 | - | Director |
| Mr Graham Welsh | Scotland | 59 years | Sep 2018 | - | Director |
P&L
December 2023turnover
27.7m
+53%
operating profit
4.1m
+324%
gross margin
37.9%
+26.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-14.2m
-0.09%
total assets
13.4m
+0.43%
cash
2.9m
+5.11%
net assets
Total assets minus all liabilities
hcs control systems group limited company details
company number
SC427652
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
July 2012
age
13
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
December 2023
previous names
burray capital limited (June 2013)
accountant
-
auditor
CHIENE & TAIT LLP
address
unit v2 viewfield road, viewfield industrial estate, glenrothes, KY6 2QX
Bank
-
Legal Advisor
-
hcs control systems group 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 5 charges/mortgages relating to hcs control systems group limited. Currently there are 3 open charges and 2 have been satisfied in the past.
hcs control systems group 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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hcs control systems group limited Companies House Filings - See Documents
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