How much does Highway Trust Limited make?

Highway Trust Limited reported revenue of £451k and £18k profit in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does Highway Trust Limited have?

Highway Trust Limited reported an average of 15 employees in the year to 31 Dec 2022.

Is Highway Trust Limited profitable?

Yes — Highway Trust Limited reported a profit of £18k in the year to 31 Dec 2022.

Company No. 00826993 · Incorporated 12 Nov 1964

Highway Trust Limited

Registered name: HIGHWAY TRUST LIMITED

Highway Trust Limited made £451k revenue and £18k profit in the year to 31 Dec 2022.

Highway Trust Limited’s revenue grew 16% to £451k in the year to 31 Dec 2022, with £18k profit and 15 employees. The company is classified under “hotels and similar accommodation” and is based in Grange Over Sands; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 55100Hotels and similar accommodation

Status: Active
Location: Grange Over Sands, North West
Age: 61 yrs · since 1964
Type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)

Non-profit. It is limited by guarantee (typically an association, club or management company), so it isn't run for profit. It is excluded from our opportunity lists.

Latest accounts · year to 31 Dec 2022

Key figures

Independent

Revenue

£451k

Growth ▲15.7%

Profit

£18k

Growth ▼58.5%

Profit margin

Gross 5.9%

Employees

Change 0%

Profit / employee

£1.2k

Revenue/employee £30.1k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£390k	£451k
Cost of sales	£337k	£424k
Gross profit	£52.2k	£26.7k
Operating profit	£51.8k	£26.1k
Profit before tax	£43.4k	£18k
Profit after tax	£43.4k	£18k
Profit (best available)	£43.4k	£18k
Employees (average)	15	15
Ratios
Profit margin	11.1%	4%
Gross margin	13.4%	5.9%
Revenue per employee	£26k	£30.1k
Profit per employee	£2.9k	£1.2k
Growth (year on year)
Revenue growth	—	▲15.7%
Profit growth	—	▼58.5%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£186k	£232k
Net assets	£634k	£1.5m
Fixed assets	£781k	£1.6m
Current assets	£197k	£242k
Debtors	£9.9k	£9.1k
Deferred income	£40.8k	£39.6k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: 4%; Profit ÷ revenue.
Gross margin: 5.9%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £30.1k; Revenue ÷ average employees.
Profit per employee: £1.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 349.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 8.8%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: ▲131%; Now £1.5m
Cash at bank: ▲24%; Now £232k
Headcount: 0%; Now 15
Deferred income: ▼3%; Now £39.6k
Fixed assets: ▲102%; Now £1.6m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit £18k), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.