NATIONAL HIGHWAYS LIMITED
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Cash
£80M
+4,583.9% vs 2024
Net assets
£147B
-5% vs 2024
Employees
6,866
+2.2% vs 2024
Profit before tax
-£3.3B
+5.9% vs 2024
Net assets
2-year trend · vs Industrials median
Accounts
2-year trend · Δ = latest vs prior filed period · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 | Δ vs prior |
|---|---|---|---|---|
| Turnover | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | -£3,495,788,000 | -£3,290,277,000 | +5.9% | |
| Net profit | -£3,495,788,000 | -£3,290,277,000 | +5.9% | |
| Cash | £1,700,000 | £79,627,000 | +4,583.9% | |
| Total assets less current liabilities | £156,568,901,000 | £148,706,976,000 | -5% | |
| Net assets | £155,195,921,000 | £147,390,510,000 | -5% | |
| Equity | £155,195,921,000 | £147,390,510,000 | -5% | |
| Average employees | 6,718 | 6,866 | +2.2% | |
| Wages | £310,085,000 | £327,815,000 | +5.7% | |
| Directors' remuneration | — | £983,179 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Gearing (liabilities / total assets) | 1.7% | 1.8% | |
| Current ratio | 0.38x | 0.47x |
Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- NATIONAL HIGHWAYS LIMITED 2021-09-08 → present
- HIGHWAYS ENGLAND COMPANY LIMITED 2014-12-08 → 2021-09-08
Audit & accounting basis
- Accounting basis
- IFRS
- Auditor
- Alexander Macnab
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In forming this view the Directors/management have: 1. reviewed the company’s future funding commitments received from government through the publication of the interim settlement, which sets out the funding that the company will receive for 2025-26, and the intention to set a new multi-year Road investment strategy.”
Significant events
- “Following the June 2025 Spending review, the government took the decision to cancel two of the company’s planned schemes: the A12 to A120 widening scheme and the A47 Wansford to Sutton dualling scheme, citing affordability constraints.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
12 active · 24 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| KEMP, Anthony | Secretary | 2025-01-10 | — | — |
| BLANCHFLOWER, Simon William | Director | 2023-03-01 | Apr 1963 | British |
| CHAUDHRI, Vivek | Director | 2026-03-01 | Dec 1970 | British |
| DALE, Scott | Director | 2024-03-01 | May 1975 | British |
| JOHAL, Sukhvinder | Director | 2023-06-01 | Jun 1973 | British |
| JOYCE, Nicholas John | Director | 2026-04-01 | Feb 1969 | British |
| LEWIS, Emmanuel Oluwole | Director | 2025-03-10 | Apr 1960 | British |
| RHYS WILLIAMS, Gareth Arthur Ludovic Emrys, Sir | Director | 2024-04-02 | Nov 1961 | British |
| SHAW, Elliot Mark | Director | 2024-01-02 | Mar 1978 | British |
| SHILLINGLAW, Kim Danila | Director | 2025-02-10 | Jan 1969 | British |
| WHITEMAN, Robert Arthur | Director | 2025-01-01 | Dec 1961 | British |
| WILLS, Simon Marc | Director | 2025-02-03 | Aug 1967 | British |
Show 24 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ARMITAGE, Matthew | Secretary | 2016-10-01 | 2025-01-10 |
| FOREMAN, Simeon | Secretary | 2016-03-14 | 2016-05-13 |
| INGATE, Kristina | Secretary | 2015-01-28 | 2016-03-13 |
| REARDON, Timothy | Secretary | 2016-05-13 | 2016-09-30 |
| BATTERSBY, Carolyn Louise | Director | 2019-02-11 | 2023-03-31 |
| BEINART, Janette Carolyn Mitchell | Director | 2019-01-21 | 2026-01-30 |
| CAMACHO, Juan Diego Oliva | Director | 2022-07-01 | 2024-03-31 |
| CEARNS, Kathryn | Director | 2018-04-17 | 2024-12-31 |
| CLARKE, Ginny Sarah Regina Florence | Director | 2015-04-01 | 2015-11-27 |
| CUMMING, Alan Douglas | Director | 2017-09-11 | 2022-04-29 |
| DALTON, Graham Edward | Director | 2015-04-01 | 2015-06-30 |
| DAUNCEY, Stephen Benedict | Director | 2014-12-08 | 2016-02-29 |
| GOSDEN, Lawrence Karl | Director | 2021-04-01 | 2024-03-31 |
| HARRIS, Nicholas James | Director | 2021-02-01 | 2026-03-31 |
| HOLT, Elaine Karen | Director | 2015-04-01 | 2020-03-31 |
| HOWLISON, Vanessa Jane | Director | 2016-06-29 | 2024-03-01 |
| HUGHES, David Clewin | Director | 2015-03-12 | 2018-08-31 |
| LOWE, Roger Stephen Richard | Director | 2016-07-27 | 2022-07-11 |
| MATTHEWS, Colin | Director | 2014-12-08 | 2020-04-30 |
| MURRAY, Simon Anthony | Director | 2015-04-01 | 2019-03-31 |
| O'SULLIVAN, James Christopher | Director | 2015-07-01 | 2021-01-31 |
| PERELMAN, Elizabeth Claire | Director | 2015-04-01 | 2016-07-27 |
| SHAH, Dipesh Jayantilal | Director | 2020-09-01 | 2023-12-29 |
| SMITH, Thomas William Mclardy | Director | 2015-04-01 | 2017-02-28 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Secretary Of State For Transport | Legal person | Shares 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-08 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-04 | AP01 | officers | Appoint person director company with name date | |
| 2026-01-30 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-01 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-29 | AA | accounts | Accounts with accounts type full | |
| 2025-03-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-03 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-24 | AP03 | officers | Appoint person secretary company with name date | |
| 2025-01-24 | TM02 | officers | Termination secretary company with name termination date | |
| 2025-01-24 | CH01 | officers | Change person director company with change date | |
| 2025-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2024-12-31 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-08 | AA | accounts | Accounts with accounts type full | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-09 | TM01 | officers | Termination director company with name termination date | |
| 2024-04-03 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.