Pomanda estimates the enterprise value of PLANIT SOFTWARE LIMITED at £74m based on a Turnover of £42.5m and 1.74x industry multiple (adjusted for size and gross margin).
planit software limitedEstimated Valuation
£339.3m
Pomanda estimates the enterprise value of PLANIT SOFTWARE LIMITED at £339.3m based on an EBITDA of £32.6m and a 10.4x industry multiple (adjusted for size and gross margin).
planit software limitedEstimated Valuation
£166.8m
Pomanda estimates the enterprise value of PLANIT SOFTWARE LIMITED at £166.8m based on Net Assets of £70.7m and 2.36x industry multiple (adjusted for liquidity).
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Planit Software LimitedOverview
Planit Software Limited is a live company located in surrey, KT11 1HY with a Companies House number of 02093062. It operates in the business and domestic software development sector, SIC Code 62012. Founded in January 1987, it's largest shareholder is
vero software limited
with a 100% stake. Planit Software Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£42.5m with
healthy
growth in recent years.
Pomanda's financial health check has awarded Planit Software Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
6 Strong
2 Regular
3 Weak
Size
annual sales of £42.5m, make it larger than the average company (£4.6m)
£42.5m - Planit Software Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (10.3%)
15% - Planit Software Limited
10.3% - Industry AVG
Production
with a gross margin of 85.1%, this company has a comparable cost of product (71.7%)
85.1% - Planit Software Limited
71.7% - Industry AVG
Profitability
an operating margin of 73.5% make it more profitable than the average company (3.4%)
73.5% - Planit Software Limited
3.4% - Industry AVG
Employees
with 176 employees, this is above the industry average (42)
176 - Planit Software Limited
42 - Industry AVG
Pay Structure
on an average salary of £69.7k, the company has an equivalent pay structure (£71.8k)
£69.7k - Planit Software Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £241.2k, this is more efficient (£122.9k)
£241.2k - Planit Software Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is later than average (58 days)
81 days - Planit Software Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 19 days, this is quicker than average (41 days)
19 days - Planit Software Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Planit Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Planit Software Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 23.7%, this is a lower level of debt than the average (63.2%)
23.7% - Planit Software Limited
63.2% - Industry AVG
PLANIT SOFTWARE LIMITED financials
EXPORT
Planit Software Limited's latest turnover from December 2023 is £42.5 million and the company has net assets of £70.7 million. According to their latest financial statements, Planit Software Limited has 176 employees and maintains cash reserves of £116 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Apr 2011
Apr 2010
Turnover
42,455,000
34,858,000
30,610,000
27,929,000
31,756,000
30,922,000
28,929,000
25,168,000
22,680,000
20,042,000
18,010,000
16,896,000
10,416,000
14,502,000
13,216,000
Other Income Or Grants
Cost Of Sales
6,327,000
5,560,000
4,876,000
2,877,000
3,641,000
3,189,000
2,586,000
3,015,000
2,333,000
1,488,000
1,289,000
1,355,000
1,337,000
1,772,000
1,756,000
Gross Profit
36,128,000
29,298,000
25,734,000
25,052,000
28,115,000
27,733,000
26,343,000
22,153,000
20,347,000
18,554,000
16,721,000
15,541,000
9,079,000
12,730,000
11,460,000
Admin Expenses
4,922,000
15,607,000
14,123,000
11,658,000
12,626,000
12,888,000
12,766,000
10,086,000
10,726,000
10,904,000
9,038,000
11,052,000
5,044,000
8,683,000
8,598,000
Operating Profit
31,206,000
13,691,000
11,611,000
13,394,000
15,489,000
14,845,000
13,577,000
12,067,000
9,621,000
7,650,000
7,683,000
4,489,000
4,035,000
4,047,000
2,862,000
Interest Payable
125,000
47,000
142,000
160,000
161,000
2,000
96,000
9,000
8,000
57,000
293,000
51,000
67,000
69,000
Interest Receivable
2,064,000
829,000
10,000
91,000
383,000
227,000
29,000
146,000
284,000
910,000
1,215,000
467,000
4,000
8,000
13,000
Pre-Tax Profit
33,404,000
14,969,000
11,607,000
13,325,000
15,844,000
15,183,000
13,951,000
12,117,000
9,990,000
8,707,000
8,905,000
4,723,000
4,056,000
3,988,000
2,390,000
Tax
-3,332,000
-1,173,000
-1,558,000
-1,349,000
-3,022,000
-2,845,000
-214,000
-2,353,000
-1,945,000
-1,882,000
-3,634,000
-1,058,000
-614,000
-222,000
-218,000
Profit After Tax
30,072,000
13,796,000
10,049,000
11,976,000
12,822,000
12,338,000
13,737,000
9,764,000
8,045,000
6,825,000
5,271,000
3,665,000
3,442,000
3,766,000
2,172,000
Dividends Paid
Retained Profit
30,072,000
13,796,000
10,049,000
11,976,000
12,822,000
12,338,000
13,737,000
9,764,000
8,045,000
6,825,000
5,271,000
3,665,000
3,442,000
3,766,000
2,172,000
Employee Costs
12,260,000
12,203,000
11,284,000
7,880,000
8,426,000
8,134,000
8,103,000
7,668,000
7,026,000
7,180,000
6,634,000
6,929,000
4,033,000
5,330,000
5,189,000
Number Of Employees
176
178
165
145
154
151
147
146
142
139
132
137
149
142
129
EBITDA*
32,633,000
14,909,000
13,011,000
15,405,000
17,431,000
16,112,000
14,556,000
12,850,000
10,154,000
8,012,000
8,081,000
4,921,000
4,322,000
4,453,000
3,271,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Apr 2011
Apr 2010
Tangible Assets
586,000
787,000
4,870,000
5,550,000
1,367,000
1,003,000
455,000
283,000
331,000
449,000
474,000
471,000
874,000
949,000
971,000
Intangible Assets
5,412,000
4,716,000
1,558,000
1,421,000
2,683,000
2,612,000
2,505,000
2,213,000
1,839,000
1,024,000
342,000
427,000
512,000
Investments & Other
4,000
171,000
171,000
171,000
5,175,000
171,000
171,000
182,000
379,000
295,000
295,000
511,000
511,000
536,000
522,000
Debtors (Due After 1 year)
Total Fixed Assets
6,002,000
5,674,000
6,599,000
7,142,000
9,225,000
3,786,000
3,131,000
2,678,000
2,549,000
1,768,000
1,111,000
1,409,000
1,897,000
1,485,000
1,493,000
Stock & work in progress
38,000
27,000
23,000
12,000
35,000
42,000
31,000
22,000
27,000
Trade Debtors
9,438,000
8,234,000
6,350,000
5,466,000
5,460,000
5,770,000
5,683,000
4,665,000
4,260,000
4,281,000
4,027,000
3,628,000
3,064,000
2,670,000
2,456,000
Group Debtors
76,188,000
46,309,000
115,117,000
103,626,000
94,653,000
80,688,000
69,241,000
57,108,000
44,532,000
35,993,000
20,475,000
9,684,000
8,254,000
Misc Debtors
988,000
1,109,000
2,883,000
2,177,000
1,219,000
1,165,000
339,000
651,000
519,000
484,000
568,000
388,000
569,000
553,000
535,000
Cash
116,000
48,000
173,000
41,000
416,000
18,000
359,000
209,000
110,000
811,000
10,498,000
31,234,000
27,170,000
25,925,000
21,277,000
misc current assets
total current assets
86,730,000
55,700,000
124,523,000
111,310,000
101,748,000
87,641,000
75,660,000
62,660,000
49,444,000
41,581,000
35,603,000
44,976,000
39,088,000
29,170,000
24,295,000
total assets
92,732,000
61,374,000
131,122,000
118,452,000
110,973,000
91,427,000
78,791,000
65,338,000
51,993,000
43,349,000
36,714,000
46,385,000
40,985,000
30,655,000
25,788,000
Bank overdraft
Bank loan
Trade Creditors
337,000
243,000
218,000
214,000
99,000
302,000
247,000
166,000
177,000
292,000
440,000
391,000
295,000
461,000
211,000
Group/Directors Accounts
3,124,000
616,000
862,000
96,000
2,161,000
693,000
1,291,000
1,812,000
346,000
26,000
551,000
16,089,000
15,677,000
7,909,000
7,561,000
other short term finances
hp & lease commitments
572,000
439,000
403,000
442,000
529,000
2,000
21,000
69,000
124,000
136,000
208,000
293,000
320,000
325,000
other current liabilities
13,718,000
13,073,000
10,825,000
8,841,000
10,964,000
10,637,000
9,892,000
9,581,000
7,512,000
7,238,000
6,791,000
6,176,000
4,637,000
5,257,000
4,666,000
total current liabilities
17,751,000
14,371,000
12,308,000
9,593,000
13,753,000
11,632,000
11,432,000
11,580,000
8,104,000
7,680,000
7,918,000
22,864,000
20,902,000
13,947,000
12,763,000
loans
hp & lease commitments
2,927,000
2,967,000
3,776,000
4,179,000
4,593,000
20,000
89,000
98,000
94,000
322,000
389,000
472,000
Accruals and Deferred Income
516,000
149,000
256,000
160,000
other liabilities
provisions
805,000
504,000
403,000
392,000
475,000
465,000
367,000
503,000
378,000
134,000
77,000
77,000
76,000
76,000
76,000
total long term liabilities
4,248,000
3,620,000
4,435,000
4,731,000
5,068,000
465,000
367,000
503,000
398,000
223,000
175,000
171,000
398,000
465,000
548,000
total liabilities
21,999,000
17,991,000
16,743,000
14,324,000
18,821,000
12,097,000
11,799,000
12,083,000
8,502,000
7,903,000
8,093,000
23,035,000
21,300,000
14,412,000
13,311,000
net assets
70,733,000
43,383,000
114,379,000
104,128,000
92,152,000
79,330,000
66,992,000
53,255,000
43,491,000
35,446,000
28,621,000
23,350,000
19,685,000
16,243,000
12,477,000
total shareholders funds
70,733,000
43,383,000
114,379,000
104,128,000
92,152,000
79,330,000
66,992,000
53,255,000
43,491,000
35,446,000
28,621,000
23,350,000
19,685,000
16,243,000
12,477,000
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Apr 2011
Apr 2010
Operating Activities
Operating Profit
31,206,000
13,691,000
11,611,000
13,394,000
15,489,000
14,845,000
13,577,000
12,067,000
9,621,000
7,650,000
7,683,000
4,489,000
4,035,000
4,047,000
2,862,000
Depreciation
268,000
596,000
805,000
968,000
899,000
309,000
202,000
232,000
252,000
258,000
313,000
347,000
287,000
406,000
409,000
Amortisation
1,159,000
622,000
595,000
1,043,000
1,043,000
958,000
777,000
551,000
281,000
104,000
85,000
85,000
Tax
-3,332,000
-1,173,000
-1,558,000
-1,349,000
-3,022,000
-2,845,000
-214,000
-2,353,000
-1,945,000
-1,882,000
-3,634,000
-1,058,000
-614,000
-222,000
-218,000
Stock
-38,000
11,000
4,000
11,000
-23,000
-7,000
11,000
4,000
-5,000
27,000
Debtors
30,962,000
-68,698,000
13,081,000
9,937,000
13,709,000
12,360,000
12,839,000
13,113,000
8,553,000
15,688,000
11,370,000
1,813,000
8,896,000
232,000
2,991,000
Creditors
94,000
25,000
4,000
115,000
-203,000
55,000
81,000
-11,000
-115,000
-148,000
49,000
96,000
84,000
250,000
211,000
Accruals and Deferred Income
1,012,000
2,141,000
2,080,000
-1,963,000
327,000
745,000
311,000
2,069,000
274,000
447,000
615,000
1,539,000
-29,000
591,000
4,666,000
Deferred Taxes & Provisions
301,000
101,000
11,000
-83,000
10,000
98,000
-136,000
125,000
244,000
57,000
1,000
76,000
Cash flow from operations
-254,000
84,701,000
467,000
2,188,000
834,000
1,843,000
1,748,000
-437,000
48,000
-9,179,000
-6,252,000
3,675,000
-5,137,000
4,845,000
4,988,000
Investing Activities
capital expenditure
-1,922,000
-293,000
-857,000
-4,932,000
-2,377,000
-1,922,000
-1,443,000
-1,109,000
-1,230,000
-1,019,000
-316,000
56,000
-702,000
-384,000
-1,380,000
Change in Investments
-167,000
-5,004,000
5,004,000
-11,000
-197,000
84,000
-216,000
-11,000
14,000
522,000
cash flow from investments
-1,755,000
-293,000
-857,000
72,000
-7,381,000
-1,922,000
-1,432,000
-912,000
-1,314,000
-1,019,000
-100,000
56,000
-691,000
-398,000
-1,902,000
Financing Activities
Bank loans
Group/Directors Accounts
2,508,000
-246,000
766,000
-2,065,000
1,468,000
-598,000
-521,000
1,466,000
320,000
-525,000
-15,538,000
412,000
8,116,000
348,000
7,561,000
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
93,000
-773,000
-442,000
-501,000
5,122,000
-2,000
-19,000
-68,000
-124,000
-21,000
-68,000
-313,000
-182,000
-88,000
797,000
other long term liabilities
share issue
-2,722,000
-84,792,000
202,000
3,766,000
10,305,000
interest
1,939,000
782,000
-132,000
-69,000
222,000
227,000
27,000
50,000
275,000
902,000
1,158,000
174,000
-47,000
-59,000
-56,000
cash flow from financing
1,818,000
-85,029,000
394,000
-2,635,000
6,812,000
-373,000
-513,000
1,448,000
471,000
356,000
-14,448,000
273,000
11,653,000
201,000
18,607,000
cash and cash equivalents
cash
68,000
-125,000
132,000
-375,000
398,000
-341,000
150,000
99,000
-701,000
-9,687,000
-20,736,000
4,064,000
5,893,000
4,648,000
21,277,000
overdraft
change in cash
68,000
-125,000
132,000
-375,000
398,000
-341,000
150,000
99,000
-701,000
-9,687,000
-20,736,000
4,064,000
5,893,000
4,648,000
21,277,000
planit software 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 planit software limited. Get real-time insights into planit software limited's credit score, group structure and payment trends.
Perform a competitor analysis for planit software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in KT11 area or any other competitors across 12 key performance metrics.
62012 - Business and domestic software development
incorporation date
January 1987
age
38
incorporated
UK
ultimate parent company
HEXAGON MANUFACTURING INTELLIGENCE
accounts
Full Accounts
last accounts submitted
December 2023
previous names
licom systems limited (August 2008)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
cedar house 78 portsmouth road, cobham, surrey, KT11 1HY
Bank
HSBC BANK PLC
Legal Advisor
-
planit software 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 planit software limited. Currently there are 0 open charges and 5 have been satisfied in the past.
planit software 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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planit software limitedCompanies House Filings - See Documents
