hub north scotland (fwt) limited
hub north scotland (fwt) limited Company Information
Company Number
SC441943
Next Accounts
Sep 2025
Shareholders
aviva public private finance ltd
Group Structure
View All
Industry
Construction of commercial buildings
+1Registered Address
2nd floor 2 lochside view, edinburgh, EH12 9DH
Website
www.hubnorthscotland.co.ukhub north scotland (fwt) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB NORTH SCOTLAND (FWT) LIMITED at £326k based on a Turnover of £727.2k and 0.45x industry multiple (adjusted for size and gross margin).
hub north scotland (fwt) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB NORTH SCOTLAND (FWT) LIMITED at £60.6k based on an EBITDA of £15.2k and a 3.99x industry multiple (adjusted for size and gross margin).
hub north scotland (fwt) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB NORTH SCOTLAND (FWT) LIMITED at £1.3m based on Net Assets of £871.6k and 1.46x industry multiple (adjusted for liquidity).
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Hub North Scotland (fwt) Limited Overview
Hub North Scotland (fwt) Limited is a live company located in edinburgh, EH12 9DH with a Companies House number of SC441943. It operates in the development of building projects sector, SIC Code 41100. Founded in February 2013, it's largest shareholder is aviva public private finance ltd with a 100% stake. Hub North Scotland (fwt) Limited is a established, small sized company, Pomanda has estimated its turnover at £727.2k with high growth in recent years.
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Hub North Scotland (fwt) Limited Health Check
Pomanda's financial health check has awarded Hub North Scotland (Fwt) Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £727.2k, make it smaller than the average company (£7.3m)
£727.2k - Hub North Scotland (fwt) Limited
£7.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (6.2%)
16% - Hub North Scotland (fwt) Limited
6.2% - Industry AVG
Production
with a gross margin of 26.5%, this company has a lower cost of product (21.5%)
26.5% - Hub North Scotland (fwt) Limited
21.5% - Industry AVG
Profitability
an operating margin of 2.1% make it less profitable than the average company (5.7%)
2.1% - Hub North Scotland (fwt) Limited
5.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (20)
- Hub North Scotland (fwt) Limited
20 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Hub North Scotland (fwt) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £242.4k, this is less efficient (£326.1k)
- Hub North Scotland (fwt) Limited
£326.1k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (37 days)
72 days - Hub North Scotland (fwt) Limited
37 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (35 days)
34 days - Hub North Scotland (fwt) Limited
35 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hub North Scotland (fwt) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 7 weeks, this is less cash available to meet short term requirements (16 weeks)
7 weeks - Hub North Scotland (fwt) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.7%, this is a higher level of debt than the average (70.8%)
93.7% - Hub North Scotland (fwt) Limited
70.8% - Industry AVG
HUB NORTH SCOTLAND (FWT) LIMITED financials
Hub North Scotland (Fwt) Limited's latest turnover from December 2023 is £727.2 thousand and the company has net assets of £871.6 thousand. According to their latest financial statements, we estimate that Hub North Scotland (Fwt) Limited has 3 employees and maintains cash reserves of £493.4 thousand 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 | 727,247 | 535,833 | 516,865 | 469,345 | 473,261 | 440,903 | 387,283 | 350,934 | 459,792 | 5,013,077 | 10,818,345 |
| Other Income Or Grants | |||||||||||
| Cost Of Sales | 534,586 | 374,506 | 364,880 | 321,574 | 307,401 | 306,517 | 253,762 | 220,253 | 335,825 | 4,918,708 | 10,818,345 |
| Gross Profit | 192,661 | 161,327 | 151,985 | 147,771 | 165,860 | 134,386 | 133,521 | 130,681 | 123,967 | 94,369 | |
| Admin Expenses | 177,496 | 145,560 | 134,957 | 132,125 | 148,547 | 121,757 | 120,335 | 118,570 | 110,557 | 99,265 | 9,496 |
| Operating Profit | 15,165 | 15,767 | 17,028 | 15,646 | 17,313 | 12,629 | 13,186 | 12,111 | 13,410 | -4,896 | -9,496 |
| Interest Payable | 549,671 | 578,574 | 611,054 | 640,103 | 671,512 | 698,907 | 725,182 | 752,346 | 745,853 | 411,463 | |
| Interest Receivable | 699,005 | 713,598 | 727,977 | 746,556 | 761,568 | 773,363 | 785,374 | 798,012 | 807,693 | 404,439 | |
| Pre-Tax Profit | 164,499 | 150,791 | 133,951 | 122,099 | 107,369 | 87,085 | 73,378 | 57,777 | 68,443 | -11,920 | -9,495 |
| Tax | -103,833 | -95,167 | -35,436 | -173,903 | -18,253 | -13,846 | |||||
| Profit After Tax | 60,666 | 55,624 | 98,515 | -51,804 | 89,116 | 73,239 | 73,378 | 57,777 | 68,443 | -11,920 | -9,495 |
| Dividends Paid | |||||||||||
| Retained Profit | 60,666 | 55,624 | 98,515 | -51,804 | 89,116 | 73,239 | 73,378 | 57,777 | 68,443 | -11,920 | -9,495 |
| Employee Costs | |||||||||||
| Number Of Employees | 8 | 8 | 9 | 9 | |||||||
| EBITDA* | 15,165 | 15,767 | 17,028 | 15,646 | 17,313 | 12,629 | 13,186 | 12,111 | 13,410 | -4,896 | -9,496 |
* 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 | |||||||||||
| Intangible Assets | |||||||||||
| Investments & Other | 12,623,188 | 13,043,078 | 13,427,543 | 13,779,358 | 14,101,480 | ||||||
| Debtors (Due After 1 year) | 14,402,303 | 14,672,687 | 14,908,576 | 15,146,296 | 15,343,741 | 10,818,345 | |||||
| Total Fixed Assets | 12,623,188 | 13,043,078 | 13,427,543 | 13,779,358 | 14,101,480 | 14,402,303 | 14,672,687 | 14,908,576 | 15,146,296 | 15,343,741 | 10,818,345 |
| Stock & work in progress | |||||||||||
| Trade Debtors | 144,932 | 181,710 | 98,681 | 26,574 | 17,691 | 12,000 | 369,710 | 318,576 | 258,979 | 57,404 | |
| Group Debtors | 12,000 | 1,000 | 1,000 | 1,000 | |||||||
| Misc Debtors | 49,180 | 52,744 | 143,700 | 178,340 | 350,239 | 14,323 | 2,711 | 2,464 | 26,037 | 249,527 | 653,021 |
| Cash | 493,352 | 588,170 | 404,104 | 447,477 | 624,047 | 430,074 | 512,922 | 992,441 | 585,709 | 586,712 | 2,415,178 |
| misc current assets | 419,883 | 384,240 | 351,815 | 322,122 | 294,935 | 613,675 | |||||
| total current assets | 1,107,347 | 1,206,864 | 998,300 | 974,513 | 1,286,912 | 1,070,072 | 885,343 | 1,313,481 | 871,725 | 894,643 | 3,069,199 |
| total assets | 13,730,535 | 14,249,942 | 14,425,843 | 14,753,871 | 15,388,392 | 15,472,375 | 15,558,030 | 16,222,057 | 16,018,021 | 16,238,384 | 13,887,544 |
| Bank overdraft | |||||||||||
| Bank loan | |||||||||||
| Trade Creditors | 50,610 | 21,187 | 42,753 | 22,291 | 49,724 | 6,618 | 15,478 | 55,053 | 2,010 | 12,493 | 1,959,164 |
| Group/Directors Accounts | 66,892 | 70,718 | 73,179 | 69,318 | 63,100 | 30,200 | 578,656 | 21,516 | 46,845 | 33,622 | 427,585 |
| other short term finances | 593,221 | 798,082 | 643,661 | 616,283 | 588,542 | 704,555 | 539,883 | 481,821 | |||
| hp & lease commitments | |||||||||||
| other current liabilities | 2,554,325 | 2,441,155 | 2,128,631 | 1,927,138 | 1,900,766 | 1,552,640 | 1,487,383 | 1,466,761 | 952,371 | 758,926 | 311,337 |
| total current liabilities | 3,265,048 | 3,331,142 | 2,888,224 | 2,635,030 | 2,602,132 | 2,153,791 | 2,081,517 | 2,247,885 | 1,541,109 | 1,286,862 | 2,698,086 |
| loans | 9,437,803 | 10,068,125 | 10,743,606 | 11,428,569 | 12,081,355 | 12,702,795 | 13,297,330 | 13,868,367 | 14,428,884 | 14,971,937 | 11,197,953 |
| hp & lease commitments | |||||||||||
| Accruals and Deferred Income | |||||||||||
| other liabilities | |||||||||||
| provisions | 156,064 | 39,721 | 38,683 | 33,457 | |||||||
| total long term liabilities | 9,593,867 | 10,107,846 | 10,782,289 | 11,462,026 | 12,081,355 | 12,702,795 | 13,297,330 | 13,868,367 | 14,428,884 | 14,971,937 | 11,197,953 |
| total liabilities | 12,858,915 | 13,438,988 | 13,670,513 | 14,097,056 | 14,683,487 | 14,856,586 | 15,378,847 | 16,116,252 | 15,969,993 | 16,258,799 | 13,896,039 |
| net assets | 871,620 | 810,954 | 755,330 | 656,815 | 704,905 | 615,789 | 179,183 | 105,805 | 48,028 | -20,415 | -8,495 |
| total shareholders funds | 871,620 | 810,954 | 755,330 | 656,815 | 704,905 | 615,789 | 179,183 | 105,805 | 48,028 | -20,415 | -8,495 |
| 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 | 15,165 | 15,767 | 17,028 | 15,646 | 17,313 | 12,629 | 13,186 | 12,111 | 13,410 | -4,896 | -9,496 |
| Depreciation | |||||||||||
| Amortisation | |||||||||||
| Tax | -103,833 | -95,167 | -35,436 | -173,903 | -18,253 | -13,846 | |||||
| Stock | |||||||||||
| Debtors | -40,342 | -7,927 | 37,467 | -163,016 | -14,324,850 | -352,328 | -184,508 | -202,696 | -219,360 | 4,179,306 | 11,472,366 |
| Creditors | 29,423 | -21,566 | 20,462 | -27,433 | 43,106 | -8,860 | -39,575 | 53,043 | -10,483 | -1,946,671 | 1,959,164 |
| Accruals and Deferred Income | 113,170 | 312,524 | 201,493 | 26,372 | 348,126 | 65,257 | 20,622 | 514,390 | 193,445 | 447,589 | 311,337 |
| Deferred Taxes & Provisions | 116,343 | 1,038 | 5,226 | 33,457 | |||||||
| Cash flow from operations | 210,610 | 220,523 | 171,306 | 37,155 | 14,715,142 | 407,508 | 178,741 | 782,240 | 415,732 | -5,683,284 | -9,211,361 |
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | -419,890 | -384,465 | -351,815 | -322,122 | 14,101,480 | ||||||
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | |||||||||||
| Group/Directors Accounts | -3,826 | -2,461 | 3,861 | 6,218 | 32,900 | -548,456 | 557,140 | -25,329 | 13,223 | -393,963 | 427,585 |
| Other Short Term Loans | -204,861 | 154,421 | 27,378 | 27,741 | 588,542 | -704,555 | 164,672 | 58,062 | 481,821 | ||
| Long term loans | -630,322 | -675,481 | -684,963 | -652,786 | -621,440 | -594,535 | -571,037 | -560,517 | -543,053 | 3,773,984 | 11,197,953 |
| Hire Purchase and Lease Commitments | |||||||||||
| other long term liabilities | |||||||||||
| share issue | |||||||||||
| interest | 149,334 | 135,024 | 116,923 | 106,453 | 90,056 | 74,456 | 60,192 | 45,666 | 61,840 | -7,024 | |
| cash flow from financing | -689,675 | -388,497 | -536,801 | -508,660 | 90,058 | -705,168 | -658,260 | -375,508 | -409,928 | 3,854,818 | 11,626,538 |
| cash and cash equivalents | |||||||||||
| cash | -94,818 | 184,066 | -43,373 | -176,570 | 193,973 | -82,848 | -479,519 | 406,732 | -1,003 | -1,828,466 | 2,415,178 |
| overdraft | |||||||||||
| change in cash | -94,818 | 184,066 | -43,373 | -176,570 | 193,973 | -82,848 | -479,519 | 406,732 | -1,003 | -1,828,466 | 2,415,178 |
hub north scotland (fwt) limited Credit Report and Business Information
Hub North Scotland (fwt) Limited Competitor Analysis
Perform a competitor analysis for hub north scotland (fwt) limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in EH12 area or any other competitors across 12 key performance metrics.
hub north scotland (fwt) limited Ownership
HUB NORTH SCOTLAND (FWT) LIMITED group structure
Hub North Scotland (Fwt) Limited has no subsidiary companies.
Ultimate parent company
2 parents
HUB NORTH SCOTLAND (FWT) LIMITED
SC441943
hub north scotland (fwt) limited directors
Hub North Scotland (Fwt) Limited currently has 8 directors. The longest serving directors include Mr Paul McGirk (Sep 2014) and Mr Philip McVey (Jun 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul McGirk | Scotland | 65 years | Sep 2014 | - | Director |
| Mr Philip McVey | 65 years | Jun 2016 | - | Director | |
| Mr Nial Gemmell | Scotland | 56 years | Nov 2017 | - | Director |
| Mr Michael Felton | England | 60 years | Apr 2019 | - | Director |
| Mr Stewart Small | United Kingdom | 49 years | Dec 2022 | - | Director |
| Mr Alan Wood | Scotland | 56 years | Jan 2023 | - | Director |
| Mr Alan Wilson | United Kingdom | 53 years | Feb 2024 | - | Director |
| Mr Glenn Pearce | Scotland | 52 years | Nov 2024 | - | Director |
P&L
December 2023turnover
727.2k
+36%
operating profit
15.2k
-4%
gross margin
26.5%
-12.01%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
871.6k
+0.07%
total assets
13.7m
-0.04%
cash
493.4k
-0.16%
net assets
Total assets minus all liabilities
hub north scotland (fwt) limited company details
company number
SC441943
Type
Private limited with Share Capital
industry
41201 - Construction of commercial buildings
41100 - Development of building projects
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
hms (947) limited (February 2013)
accountant
-
auditor
AZETS AUDIT SERVICES
address
2nd floor 2 lochside view, edinburgh, EH12 9DH
Bank
BARCLAYS BANK PLC
Legal Advisor
HARPER MACLEOD LLP
hub north scotland (fwt) 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 11 charges/mortgages relating to hub north scotland (fwt) limited. Currently there are 11 open charges and 0 have been satisfied in the past.
hub north scotland (fwt) 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.
Click to start generating capital raising & share issue transactions for HUB NORTH SCOTLAND (FWT) LIMITED. This can take several minutes, an email will notify you when this has completed.
hub north scotland (fwt) limited Companies House Filings - See Documents
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