UNIVERSITY OF THE HIGHLANDS AND ISLANDS

• ◆

  5 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

1. UNIVERSITY OF THE HIGHLANDS AND ISLANDS 2011-02-01 → present
2. UHI MILLENNIUM INSTITUTE 2001-04-06 → 2011-02-01
3. UHI 1998-10-13 → 2001-04-06
4. U H I LIMITED 1993-12-24 → 1998-10-13

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. 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.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The University Court have prepared cashflow forecasts for a period beyond 12 months from the date of approval of these financial statements which indicate that taking into account reasonably possible downturns, the University will have sufficient funds through its operating cashflows and cash reserves to meet its liabilities as they fall due for the Statement of Recommended Practice: Accounting for Further and Higher Education and FRS102 and include consideration of both financial and non-financial factors. The assessment covers all available information about the future and involves sensitivity testing of future financial plans and forecasts, together with rigorous challenge and scrutiny of the assumptions that underpin the University's financial strategy.”

Group structure

1. UNIVERSITY OF THE HIGHLANDS AND ISLANDS · parent
   1. UHI Research and Enterprise Ltd 100% · Scotland · Delivery of commercial research, knowledge exchange, consultancy and work-based learning
   2. MPI (Elgin) Ltd 100% · Scotland · Ownership and leasing of student residences
   3. MPI (Dornoch) Ltd 100% · Scotland · Ownership and leasing of student residences

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

15

last 12 months

Capital events

0

last 24 months

Officers appointed

7

last 12 months

Officers resigned

5

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -3.3%

  £134,859,000 → £130,394,000

• Cash

  -54.3%

  £17,266,000 → £7,884,000

• Net assets

  -47.2%

  £15,551,000 → £8,210,000

• Employees

  +0.7%

  537 → 541

• Profit before tax

  -151.5%

  £4,628,000 → -£2,383,000

• Wages

  +2.8%

  £12,170,000 → £12,514,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers