commsworld house, queen anne drive, newbridge, EH28 8LH
Website
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highlands bidco limitedEstimated Valuation
£52.6m
Pomanda estimates the enterprise value of HIGHLANDS BIDCO LIMITED at £52.6m based on a Turnover of £36.3m and 1.45x industry multiple (adjusted for size and gross margin).
highlands bidco limitedEstimated Valuation
£32.3m
Pomanda estimates the enterprise value of HIGHLANDS BIDCO LIMITED at £32.3m based on an EBITDA of £5.3m and a 6.11x industry multiple (adjusted for size and gross margin).
highlands bidco limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of HIGHLANDS BIDCO LIMITED at £0 based on Net Assets of £-28.2m and 2.41x industry multiple (adjusted for liquidity).
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Highlands Bidco LimitedOverview
Highlands Bidco Limited is a live company located in newbridge, EH28 8LH with a Companies House number of SC646446. It operates in the other telecommunications activities sector, SIC Code 61900. Founded in November 2019, it's largest shareholder is
ldc viii lp
with a 56.8% stake. Highlands Bidco Limited is a young,
large sized company, Pomanda has estimated its turnover at
£36.3m with
high
growth in recent years.
Pomanda's financial health check has awarded Highlands Bidco Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
3 Strong
3 Regular
6 Weak
Size
annual sales of £36.3m, make it larger than the average company (£14.1m)
£36.3m - Highlands Bidco Limited
£14.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (4.6%)
21% - Highlands Bidco Limited
4.6% - Industry AVG
Production
with a gross margin of 37%, this company has a comparable cost of product (39%)
37% - Highlands Bidco Limited
39% - Industry AVG
Profitability
an operating margin of -2.8% make it less profitable than the average company (4.2%)
-2.8% - Highlands Bidco Limited
4.2% - Industry AVG
Employees
with 139 employees, this is above the industry average (54)
139 - Highlands Bidco Limited
54 - Industry AVG
Pay Structure
on an average salary of £62k, the company has an equivalent pay structure (£66.1k)
£62k - Highlands Bidco Limited
£66.1k - Industry AVG
Efficiency
resulting in sales per employee of £261.1k, this is equally as efficient (£237.8k)
£261.1k - Highlands Bidco Limited
£237.8k - Industry AVG
Debtor Days
it gets paid by customers after 53 days, this is later than average (40 days)
53 days - Highlands Bidco Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 38 days, this is quicker than average (43 days)
38 days - Highlands Bidco Limited
43 days - Industry AVG
Stock Days
it holds stock equivalent to 26 days, this is more than average (14 days)
26 days - Highlands Bidco Limited
14 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 4 weeks, this is less cash available to meet short term requirements (8 weeks)
4 weeks - Highlands Bidco Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 150.1%, this is a higher level of debt than the average (65.4%)
150.1% - Highlands Bidco Limited
65.4% - Industry AVG
HIGHLANDS BIDCO LIMITED financials
EXPORT
Highlands Bidco Limited's latest turnover from December 2023 is £36.3 million and the company has net assets of -£28.2 million. According to their latest financial statements, Highlands Bidco Limited has 139 employees and maintains cash reserves of £774 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Turnover
36,291,351
24,962,134
24,135,667
20,565,899
Other Income Or Grants
Cost Of Sales
22,877,377
20,728,842
16,680,814
15,845,918
Gross Profit
13,413,974
4,233,292
7,454,853
4,719,981
Admin Expenses
14,447,231
5,496,341
9,650,476
8,276,750
Operating Profit
-1,033,257
-1,263,049
-2,195,623
-3,556,769
Interest Payable
5,539,379
5,034,887
4,718,290
4,772,875
Interest Receivable
746
765
299
720
Pre-Tax Profit
-6,571,890
-6,297,171
-6,913,614
-8,328,924
Tax
-862,768
-6,232
156,255
286,158
Profit After Tax
-7,434,658
-6,303,403
-6,757,359
-8,042,766
Dividends Paid
Retained Profit
-7,434,658
-6,303,403
-6,757,359
-8,042,766
Employee Costs
8,614,094
6,992,249
5,963,102
5,757,821
Number Of Employees
139
140
124
121
EBITDA*
5,291,962
4,572,221
3,531,160
1,960,307
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Tangible Assets
16,885,496
9,497,579
4,865,401
3,071,424
Intangible Assets
27,534,936
32,153,298
36,667,770
41,257,423
Investments & Other
905,201
Debtors (Due After 1 year)
22,895
240,651
533,083
745,602
Total Fixed Assets
44,443,327
41,891,528
42,066,254
45,979,650
Stock & work in progress
1,638,024
989,700
587,644
576,510
Trade Debtors
5,311,758
4,794,749
1,878,345
1,394,411
Group Debtors
Misc Debtors
4,132,372
2,488,780
2,388,529
1,589,998
Cash
773,987
655,667
2,040,814
4,130,193
misc current assets
total current assets
11,856,141
8,928,896
6,895,332
7,691,112
total assets
56,299,468
50,820,424
48,961,586
53,670,762
Bank overdraft
19,718
Bank loan
491,488
720,000
540,000
Trade Creditors
2,418,464
3,742,764
1,824,658
700,419
Group/Directors Accounts
other short term finances
hp & lease commitments
1,728
958
other current liabilities
5,650,719
4,416,519
3,415,765
4,378,589
total current liabilities
8,069,183
8,650,771
5,962,151
5,639,684
loans
72,890,919
62,024,973
55,836,079
53,220,375
hp & lease commitments
5,184
Accruals and Deferred Income
2,580,266
813,690
1,586,250
2,499,861
other liabilities
provisions
948,862
86,094
28,807
total long term liabilities
76,420,047
62,924,757
57,451,136
55,725,420
total liabilities
84,489,230
71,575,528
63,413,287
61,365,104
net assets
-28,189,762
-20,755,104
-14,451,701
-7,694,342
total shareholders funds
-28,189,762
-20,755,104
-14,451,701
-7,694,342
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Operating Activities
Operating Profit
-1,033,257
-1,263,049
-2,195,623
-3,556,769
Depreciation
1,681,857
1,166,967
1,093,078
884,815
Amortisation
4,643,362
4,668,303
4,633,705
4,632,261
Tax
-862,768
-6,232
156,255
286,158
Stock
648,324
402,056
11,134
576,510
Debtors
1,942,845
2,724,223
1,069,946
3,730,011
Creditors
-1,324,300
1,918,106
1,124,239
700,419
Accruals and Deferred Income
3,000,776
228,194
-1,876,435
6,878,450
Deferred Taxes & Provisions
862,768
57,287
28,807
Cash flow from operations
4,377,269
3,643,297
1,882,946
5,518,813
Investing Activities
capital expenditure
Change in Investments
-905,201
905,201
cash flow from investments
905,201
-905,201
Financing Activities
Bank loans
-491,488
-228,512
180,000
540,000
Group/Directors Accounts
Other Short Term Loans
Long term loans
10,865,946
6,188,894
2,615,704
53,220,375
Hire Purchase and Lease Commitments
-1,728
-4,414
6,142
other long term liabilities
share issue
348,424
interest
-5,538,633
-5,034,122
-4,717,991
-4,772,155
cash flow from financing
4,835,825
924,532
-1,926,701
49,342,786
cash and cash equivalents
cash
118,320
-1,385,147
-2,089,379
4,130,193
overdraft
-19,718
19,718
change in cash
118,320
-1,385,147
-2,069,661
4,110,475
highlands bidco limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for highlands bidco limited. Get real-time insights into highlands bidco limited's credit score, group structure and payment trends.
Perform a competitor analysis for highlands bidco limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EH28 area or any other competitors across 12 key performance metrics.
highlands bidco limited Ownership
HIGHLANDS BIDCO LIMITED group structure
Highlands Bidco Limited has 2 subsidiary companies.
commsworld house, queen anne drive, newbridge, EH28 8LH
Bank
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Legal Advisor
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highlands bidco 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 highlands bidco limited. Currently there are 2 open charges and 3 have been satisfied in the past.
highlands bidco 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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highlands bidco limitedCompanies House Filings - See Documents
