Hub North Scotland

hub North Scotland is the driving force behind the planning, procurement and delivery of community-based infrastructure projects across the north of Scotland.The organisation is responsible for a development pipeline totalling £400 million over the next 3 years, working with partners in the healthcare, emergency services and education sectors to ensure best value is delivered. Established in 2011, hub North Scotland has been at the forefront of the hubco model’s implementation throughout the country. The organisation covers an expansive territory stretching from the southern tip of Aberdeenshire on the east coast to the islands of Orkney and Shetland in the north, Argyll to the south and the Western Isles. In less than four years in operation, hub North Scotland has completed projects in the health care and emergency service sectors with an ongoing pipeline featuring a number of educational facilities. The first DBFM (design, build, finance and maintain) programme in Scotland under the hubco model was delivered by hub North Scotland when the Aberdeen Community Health and Care Village was handed over in December 2013.
Company Growth (employees)
Type
Private
HQ
Aberdeen, GB
Founded
2011
Size (employees)
9 (est)
Hub North Scotland was founded in 2011 and is headquartered in Aberdeen, GB

Hub North Scotland Office Locations

Hub North Scotland has an office in Aberdeen
Aberdeen, GB (HQ)
11 Thistle Pl

Hub North Scotland Data and Metrics

Summary Metrics

Founding Date

2011

Hub North Scotland Financial Metrics

Hub North Scotland's revenue was reported to be £98.2 m in FY, 2015 which is a 69% increase from the previous period.
Numbers are in £, GBP

Revenue (FY, 2015)

98.2 m

Revenue growth (FY, 2014 - FY, 2015), %

69%

Gross profit (FY, 2015)

2.3 m

Gross profit margin (FY, 2015), %

2%

Net income (FY, 2015)

937.3 k

Cash (31-Dec-2015)

7.6 m
FY, 2013FY, 2014FY, 2015

Revenue

35.6 m58.2 m98.2 m

Revenue growth, %

64%69%

Cost of goods sold

35 m56.2 m95.9 m

Gross profit

541.6 k2 m2.3 m

Gross profit Margin, %

2%3%2%

Operating expense total

694 k1 m1.6 m

Pre tax profit

(157.7 k)1.1 m1.1 m

Net Income

(157.7 k)797.9 k937.3 k
FY, 2013FY, 2014FY, 2015

Cash

3.9 m8.6 m7.6 m

Accounts Receivable

1.2 m2 m3.2 m

Current Assets

7.2 m13.2 m13.2 m

PP&E

28.6 m57.1 m104.7 m

Total Assets

35.8 m70.4 m118 m

Accounts Payable

4.4 m3.8 m2.6 m

Current Liabilities

6.9 m19 m12.3 m

Retained Earnings

(157.7 k)797.9 k937.3 k

Total Equity

(258.4 k)539.6 k1.5 m

Financial Leverage

-138.5 x130.4 x79.9 x
FY, 2013FY, 2014FY, 2015

Cash From Operating Activities

(20.7 m)(24.8 m)(47.2 m)

Cash From Financing Activities

21.5 m29.3 m46.3 m

Income Taxes Paid

(266.5 k)(143.2 k)
Y, 2015

Financial Leverage

79.9 x

Hub North Scotland Online and Social Media Presence

Hub North Scotland Company Life and Culture

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