hub west scotland project company (no.2) limited
hub west scotland project company (no.2) limited Company Information
Company Number
SC471577
Next Accounts
Dec 2025
Shareholders
aviva public private finance limited
Group Structure
View All
Industry
Activities of head offices
Registered Address
c/o foresight group, clarence house, edinburgh, EH2 4JS
Website
www.hubwestscotland.co.ukhub west scotland project company (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED at £118.9k based on a Turnover of £360k and 0.33x industry multiple (adjusted for size and gross margin).
hub west scotland project company (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED at £99.3k based on an EBITDA of £38k and a 2.61x industry multiple (adjusted for size and gross margin).
hub west scotland project company (no.2) limited Estimated Valuation
Pomanda estimates the enterprise value of HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED at £29.5k based on Net Assets of £14k and 2.11x industry multiple (adjusted for liquidity).
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Hub West Scotland Project Company (no.2) Limited Overview
Hub West Scotland Project Company (no.2) Limited is a live company located in edinburgh, EH2 4JS with a Companies House number of SC471577. It operates in the activities of head offices sector, SIC Code 70100. Founded in March 2014, it's largest shareholder is aviva public private finance limited with a 100% stake. Hub West Scotland Project Company (no.2) Limited is a established, micro sized company, Pomanda has estimated its turnover at £360k with high growth in recent years.
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Hub West Scotland Project Company (no.2) Limited Health Check
Pomanda's financial health check has awarded Hub West Scotland Project Company (No.2) Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
1 Regular
5 Weak
Size
annual sales of £360k, make it smaller than the average company (£20.3m)
£360k - Hub West Scotland Project Company (no.2) Limited
£20.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (8.9%)
22% - Hub West Scotland Project Company (no.2) Limited
8.9% - Industry AVG
Production
with a gross margin of 10.8%, this company has a higher cost of product (33.2%)
10.8% - Hub West Scotland Project Company (no.2) Limited
33.2% - Industry AVG
Profitability
an operating margin of 10.6% make it more profitable than the average company (5.8%)
10.6% - Hub West Scotland Project Company (no.2) Limited
5.8% - Industry AVG
Employees
with 2 employees, this is below the industry average (114)
- Hub West Scotland Project Company (no.2) Limited
114 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Hub West Scotland Project Company (no.2) Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £180k, this is equally as efficient (£196.5k)
- Hub West Scotland Project Company (no.2) Limited
£196.5k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Hub West Scotland Project Company (no.2) Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (42 days)
19 days - Hub West Scotland Project Company (no.2) Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Hub West Scotland Project Company (no.2) Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 74 weeks, this is more cash available to meet short term requirements (16 weeks)
74 weeks - Hub West Scotland Project Company (no.2) Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.8%, this is a higher level of debt than the average (54.7%)
99.8% - Hub West Scotland Project Company (no.2) Limited
54.7% - Industry AVG
HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED financials
Hub West Scotland Project Company (No.2) Limited's latest turnover from March 2024 is £360 thousand and the company has net assets of £14 thousand. According to their latest financial statements, we estimate that Hub West Scotland Project Company (No.2) Limited has 2 employees and maintains cash reserves of £567 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 360,000 | 335,000 | 236,000 | 199,000 | 214,000 | 184,000 | 1,754,000 | 6,764,000 | ||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | 321,000 | 307,000 | 214,000 | 177,000 | 191,000 | 77,000 | 1,684,000 | 6,730,000 | ||
| Gross Profit | 39,000 | 28,000 | 22,000 | 22,000 | 23,000 | 107,000 | 70,000 | 34,000 | ||
| Admin Expenses | 1,000 | 1,000 | 91,000 | 63,000 | ||||||
| Operating Profit | 38,000 | 28,000 | 22,000 | 21,000 | 23,000 | 16,000 | 7,000 | 34,000 | ||
| Interest Payable | 333,000 | 340,000 | 348,000 | 358,000 | 377,000 | 363,000 | 391,000 | 299,000 | ||
| Interest Receivable | 339,000 | 340,000 | 352,000 | 367,000 | 375,000 | 388,000 | 313,000 | 1,000 | ||
| Pre-Tax Profit | 44,000 | 28,000 | 26,000 | 30,000 | 21,000 | 27,000 | -85,000 | -264,000 | ||
| Tax | -11,000 | -7,000 | -3,000 | -6,000 | -2,000 | -41,000 | 14,000 | 45,000 | ||
| Profit After Tax | 33,000 | 21,000 | 23,000 | 24,000 | 19,000 | -14,000 | -71,000 | -219,000 | ||
| Dividends Paid | ||||||||||
| Retained Profit | 33,000 | 21,000 | 23,000 | 24,000 | 19,000 | -14,000 | -71,000 | -219,000 | ||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* | 38,000 | 28,000 | 22,000 | 21,000 | 23,000 | 16,000 | 7,000 | 34,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | ||||||||||
| Intangible Assets | ||||||||||
| Investments & Other | 6,926,000 | 7,176,000 | 7,462,000 | 7,759,000 | 8,085,000 | |||||
| Debtors (Due After 1 year) | 6,363,000 | 6,612,000 | 60,000 | 45,000 | ||||||
| Total Fixed Assets | 6,363,000 | 6,612,000 | 6,926,000 | 7,176,000 | 7,462,000 | 7,759,000 | 8,145,000 | 45,000 | ||
| Stock & work in progress | ||||||||||
| Trade Debtors | 45,000 | 17,000 | 9,000 | 11,000 | 106,000 | 19,000 | ||||
| Group Debtors | ||||||||||
| Misc Debtors | 298,000 | 332,000 | 8,000 | 11,000 | 17,000 | 2,000 | 107,000 | |||
| Cash | 567,000 | 551,000 | 396,000 | 359,000 | 335,000 | 288,000 | 821,000 | 1,399,000 | ||
| misc current assets | 261,000 | 299,000 | 297,000 | 289,000 | 6,748,000 | |||||
| total current assets | 865,000 | 883,000 | 710,000 | 686,000 | 658,000 | 588,000 | 929,000 | 8,273,000 | ||
| total assets | 7,228,000 | 7,495,000 | 7,636,000 | 7,862,000 | 8,120,000 | 8,347,000 | 9,074,000 | 8,318,000 | ||
| Bank overdraft | ||||||||||
| Bank loan | 259,000 | 267,000 | ||||||||
| Trade Creditors | 17,000 | 11,000 | 372,000 | 361,000 | 381,000 | 363,000 | 55,000 | 662,000 | ||
| Group/Directors Accounts | 36,000 | 76,000 | 748,000 | 219,000 | ||||||
| other short term finances | ||||||||||
| hp & lease commitments | ||||||||||
| other current liabilities | 83,000 | 91,000 | 207,000 | 189,000 | ||||||
| total current liabilities | 395,000 | 445,000 | 372,000 | 361,000 | 381,000 | 363,000 | 1,010,000 | 1,070,000 | ||
| loans | 5,998,000 | 6,257,000 | 6,990,000 | 8,354,000 | 7,467,000 | |||||
| hp & lease commitments | ||||||||||
| Accruals and Deferred Income | ||||||||||
| other liabilities | 728,000 | 733,000 | 7,274,000 | 7,547,000 | 7,809,000 | 1,083,000 | ||||
| provisions | 93,000 | 62,000 | 13,000 | |||||||
| total long term liabilities | 6,819,000 | 7,052,000 | 7,287,000 | 7,547,000 | 7,809,000 | 8,073,000 | 8,354,000 | 7,467,000 | ||
| total liabilities | 7,214,000 | 7,497,000 | 7,659,000 | 7,908,000 | 8,190,000 | 8,436,000 | 9,364,000 | 8,537,000 | ||
| net assets | 14,000 | -2,000 | -23,000 | -46,000 | -70,000 | -89,000 | -290,000 | -219,000 | ||
| total shareholders funds | 14,000 | -2,000 | -23,000 | -46,000 | -70,000 | -89,000 | -290,000 | -219,000 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Jan 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | 38,000 | 28,000 | 22,000 | 21,000 | 23,000 | 16,000 | 7,000 | 34,000 | ||
| Depreciation | ||||||||||
| Amortisation | ||||||||||
| Tax | -11,000 | -7,000 | -3,000 | -6,000 | -2,000 | -41,000 | 14,000 | 45,000 | ||
| Stock | ||||||||||
| Debtors | -283,000 | 6,891,000 | 25,000 | 2,000 | 15,000 | -157,000 | -3,000 | 171,000 | ||
| Creditors | 6,000 | -361,000 | 11,000 | -20,000 | 18,000 | 308,000 | -607,000 | 662,000 | ||
| Accruals and Deferred Income | -8,000 | 91,000 | -207,000 | 18,000 | 189,000 | |||||
| Deferred Taxes & Provisions | 31,000 | 49,000 | 13,000 | |||||||
| Cash flow from operations | 339,000 | -7,091,000 | 18,000 | -7,000 | 24,000 | 233,000 | -565,000 | 759,000 | ||
| Investing Activities | ||||||||||
| capital expenditure | -955,000 | -6,715,000 | ||||||||
| Change in Investments | -6,926,000 | -250,000 | -286,000 | -297,000 | -326,000 | 8,085,000 | ||||
| cash flow from investments | 297,000 | 326,000 | -9,040,000 | -6,715,000 | ||||||
| Financing Activities | ||||||||||
| Bank loans | -8,000 | 267,000 | ||||||||
| Group/Directors Accounts | -40,000 | 76,000 | -748,000 | 529,000 | 219,000 | |||||
| Other Short Term Loans | ||||||||||
| Long term loans | -259,000 | 6,257,000 | -6,990,000 | -1,364,000 | 887,000 | 7,467,000 | ||||
| Hire Purchase and Lease Commitments | ||||||||||
| other long term liabilities | -5,000 | -6,541,000 | -273,000 | -262,000 | 6,726,000 | 1,083,000 | ||||
| share issue | ||||||||||
| interest | 6,000 | 4,000 | 9,000 | -2,000 | 25,000 | -78,000 | -298,000 | |||
| cash flow from financing | -323,000 | 59,000 | -269,000 | -253,000 | -266,000 | -789,000 | 1,338,000 | 7,388,000 | ||
| cash and cash equivalents | ||||||||||
| cash | 16,000 | 155,000 | 37,000 | 24,000 | 47,000 | -533,000 | -578,000 | 1,399,000 | ||
| overdraft | ||||||||||
| change in cash | 16,000 | 155,000 | 37,000 | 24,000 | 47,000 | -533,000 | -578,000 | 1,399,000 |
hub west scotland project company (no.2) limited Credit Report and Business Information
Hub West Scotland Project Company (no.2) Limited Competitor Analysis
Perform a competitor analysis for hub west scotland project company (no.2) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in EH2 area or any other competitors across 12 key performance metrics.
hub west scotland project company (no.2) limited Ownership
HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED group structure
Hub West Scotland Project Company (No.2) Limited has no subsidiary companies.
Ultimate parent company
FORESIGHT GROUP HOLDINGS LTD
#0061024
2 parents
HUB WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED
SC471577
hub west scotland project company (no.2) limited directors
Hub West Scotland Project Company (No.2) Limited currently has 5 directors. The longest serving directors include Ms Marion Speirs (Dec 2019) and Mr Richard Dixon (Nov 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Marion Speirs | United Kingdom | 62 years | Dec 2019 | - | Director |
| Mr Richard Dixon | United Kingdom | 53 years | Nov 2020 | - | Director |
| Mr James Lloyd | England | 34 years | Jun 2023 | - | Director |
| Mr Alastair Nicol | Scotland | 59 years | Mar 2024 | - | Director |
| Ms Ruth Hann | Scotland | 44 years | Mar 2024 | - | Director |
P&L
March 2024turnover
360k
+7%
operating profit
38k
+36%
gross margin
10.9%
+29.61%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
14k
-8%
total assets
7.2m
-0.04%
cash
567k
+0.03%
net assets
Total assets minus all liabilities
hub west scotland project company (no.2) limited company details
company number
SC471577
Type
Private limited with Share Capital
industry
70100 - Activities of head offices
incorporation date
March 2014
age
11
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
GOODMAN JONES LLP
address
c/o foresight group, clarence house, edinburgh, EH2 4JS
Bank
LLOYDS BANKING GROUP
Legal Advisor
-
hub west scotland project company (no.2) 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 4 charges/mortgages relating to hub west scotland project company (no.2) limited. Currently there are 4 open charges and 0 have been satisfied in the past.
hub west scotland project company (no.2) 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 WEST SCOTLAND PROJECT COMPANY (NO.2) LIMITED. This can take several minutes, an email will notify you when this has completed.
hub west scotland project company (no.2) limited Companies House Filings - See Documents
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