alfa financial software limited
alfa financial software limited Company Information
Company Number
02482325
Next Accounts
Sep 2025
Shareholders
alfa financial software group ltd
Group Structure
View All
Industry
Computer consultancy activities
Registered Address
moor place 1 fore street avenue, london, EC2Y 9DT
Website
http://alphasystems.comalfa financial software limited Estimated Valuation
Pomanda estimates the enterprise value of ALFA FINANCIAL SOFTWARE LIMITED at £194.3m based on a Turnover of £102m and 1.91x industry multiple (adjusted for size and gross margin).
alfa financial software limited Estimated Valuation
Pomanda estimates the enterprise value of ALFA FINANCIAL SOFTWARE LIMITED at £463.6m based on an EBITDA of £33.9m and a 13.68x industry multiple (adjusted for size and gross margin).
alfa financial software limited Estimated Valuation
Pomanda estimates the enterprise value of ALFA FINANCIAL SOFTWARE LIMITED at £30.8m based on Net Assets of £13.2m and 2.33x industry multiple (adjusted for liquidity).
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Alfa Financial Software Limited Overview
Alfa Financial Software Limited is a live company located in london, EC2Y 9DT with a Companies House number of 02482325. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in March 1990, it's largest shareholder is alfa financial software group ltd with a 100% stake. Alfa Financial Software Limited is a mature, mega sized company, Pomanda has estimated its turnover at £102m with healthy growth in recent years.
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Alfa Financial Software Limited Health Check
Pomanda's financial health check has awarded Alfa Financial Software Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
2 Weak
Size
annual sales of £102m, make it larger than the average company (£3.2m)
£102m - Alfa Financial Software Limited
£3.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (8.5%)
9% - Alfa Financial Software Limited
8.5% - Industry AVG
Production
with a gross margin of 74.8%, this company has a lower cost of product (45.5%)
74.8% - Alfa Financial Software Limited
45.5% - Industry AVG
Profitability
an operating margin of 31.2% make it more profitable than the average company (5.8%)
31.2% - Alfa Financial Software Limited
5.8% - Industry AVG
Employees
with 348 employees, this is above the industry average (22)
348 - Alfa Financial Software Limited
22 - Industry AVG
Pay Structure
on an average salary of £99.4k, the company has a higher pay structure (£63k)
£99.4k - Alfa Financial Software Limited
£63k - Industry AVG
Efficiency
resulting in sales per employee of £293.1k, this is more efficient (£138.3k)
£293.1k - Alfa Financial Software Limited
£138.3k - Industry AVG
Debtor Days
it gets paid by customers after 15 days, this is earlier than average (61 days)
15 days - Alfa Financial Software Limited
61 days - Industry AVG
Creditor Days
its suppliers are paid after 106 days, this is slower than average (27 days)
106 days - Alfa Financial Software Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Alfa Financial Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 38 weeks, this is more cash available to meet short term requirements (16 weeks)
38 weeks - Alfa Financial Software Limited
16 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 69.2%, this is a higher level of debt than the average (58.8%)
69.2% - Alfa Financial Software Limited
58.8% - Industry AVG
ALFA FINANCIAL SOFTWARE LIMITED financials
Alfa Financial Software Limited's latest turnover from December 2023 is £102 million and the company has net assets of £13.2 million. According to their latest financial statements, Alfa Financial Software Limited has 348 employees and maintains cash reserves of £17 million 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 102,000,000 | 93,300,000 | 83,200,000 | 78,900,000 | 56,090,000 | 62,061,000 | 85,301,000 | 73,280,000 | 54,266,000 | 43,289,000 | 36,206,000 | 30,580,000 | 26,663,000 | 22,130,000 | 21,990,066 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 25,700,000 | 22,900,000 | 20,000,000 | 18,500,000 | |||||||||||
| Gross Profit | 76,300,000 | 70,400,000 | 63,200,000 | 60,400,000 | |||||||||||
| Admin Expenses | 44,500,000 | 39,700,000 | 36,500,000 | 35,800,000 | |||||||||||
| Operating Profit | 31,800,000 | 30,700,000 | 26,700,000 | 24,600,000 | 13,636,000 | 20,126,000 | 31,953,000 | 14,985,000 | 22,943,000 | 18,119,000 | 13,869,000 | 10,888,000 | 7,027,000 | 3,170,000 | 3,780,829 |
| Interest Payable | 400,000 | 500,000 | 800,000 | 1,600,000 | 849,000 | 5,000 | 6,000 | 7,239 | |||||||
| Interest Receivable | 300,000 | 100,000 | 448,000 | 1,735,000 | 1,362,000 | 965,000 | 804,000 | 678,000 | 523,000 | 103,000 | 57,000 | 27,000 | 237,718 | ||
| Pre-Tax Profit | 31,400,000 | 30,100,000 | 26,400,000 | 29,700,000 | 13,235,000 | 21,861,000 | 33,315,000 | 15,950,000 | 23,516,000 | 18,797,000 | 14,392,000 | 10,991,000 | 7,079,000 | 3,191,000 | 3,798,675 |
| Tax | -5,700,000 | -4,100,000 | -4,000,000 | -3,200,000 | -1,974,000 | -3,701,000 | -7,251,000 | -6,256,000 | -4,471,000 | -4,042,000 | -3,272,000 | -2,710,000 | -1,985,000 | -926,000 | -1,131,923 |
| Profit After Tax | 25,700,000 | 26,000,000 | 22,400,000 | 26,500,000 | 11,261,000 | 18,160,000 | 26,064,000 | 9,694,000 | 19,045,000 | 14,755,000 | 11,120,000 | 8,281,000 | 5,094,000 | 2,265,000 | 2,666,752 |
| Dividends Paid | 29,000,000 | 80,200,000 | 31,130,000 | 1,800,000 | |||||||||||
| Retained Profit | -3,300,000 | 26,000,000 | 22,400,000 | -53,700,000 | 11,261,000 | 18,160,000 | 26,064,000 | -21,436,000 | 19,045,000 | 14,755,000 | 11,120,000 | 8,281,000 | 5,094,000 | 465,000 | 2,666,752 |
| Employee Costs | 34,600,000 | 2,500,000 | 3,000,000 | 28,100,000 | 2,383,000 | 23,430,000 | 25,669,000 | 23,375,000 | 21,003,000 | 18,135,000 | 15,752,000 | 14,385,000 | 14,511,000 | 13,563,000 | 13,448,461 |
| Number Of Employees | 348 | 324 | 282 | 254 | 238 | 240 | 219 | 181 | 210 | 176 | 149 | 152 | 168 | 173 | 178 |
| EBITDA* | 33,900,000 | 33,800,000 | 29,400,000 | 27,400,000 | 14,574,000 | 20,570,000 | 31,953,000 | 15,373,000 | 23,321,000 | 18,452,000 | 14,176,000 | 11,229,000 | 7,396,000 | 3,532,000 | 4,018,614 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 800,000 | 9,300,000 | 16,800,000 | 18,200,000 | 99,804,000 | 34,517,000 | 32,585,000 | 1,147,000 | 1,345,000 | 527,000 | 606,000 | 608,000 | 871,000 | 1,104,000 | 386,983 |
| Intangible Assets | 10,400,000 | 2,800,000 | 2,400,000 | 2,200,000 | 2,255,000 | 1,203,000 | |||||||||
| Investments & Other | 400,000 | 23,000 | 33,361,000 | 31,467,000 | 1,000 | ||||||||||
| Debtors (Due After 1 year) | 1,400,000 | 1,600,000 | 1,100,000 | 41,248,000 | 27,043,000 | 35,174,000 | 25,634,000 | 25,021,000 | |||||||
| Total Fixed Assets | 11,200,000 | 10,900,000 | 17,900,000 | 19,300,000 | 60,811,000 | 35,720,000 | 32,585,000 | 28,191,000 | 36,519,000 | 26,161,000 | 25,627,000 | 608,000 | 871,000 | 1,104,000 | 386,983 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 4,200,000 | 6,500,000 | 4,900,000 | 3,700,000 | 3,387,000 | 13,768,000 | 6,478,000 | 9,499,000 | 13,941,000 | 4,910,000 | 4,028,000 | 3,763,000 | 3,919,000 | 5,214,000 | 5,935,396 |
| Group Debtors | 2,200,000 | 4,300,000 | 41,100,000 | 3,000,000 | 13,000,000 | ||||||||||
| Misc Debtors | 8,200,000 | 10,100,000 | 8,400,000 | 7,500,000 | 7,851,000 | 10,945,000 | 7,365,000 | 1,533,000 | 1,293,000 | 2,974,000 | 5,133,000 | 2,217,000 | 1,908,000 | 2,113,907 | |
| Cash | 17,000,000 | 13,000,000 | 16,300,000 | 31,800,000 | 53,776,000 | 40,167,000 | 28,627,000 | 45,110,000 | 34,024,000 | 26,875,000 | 8,914,000 | 5,361,000 | 12,751,000 | 6,437,000 | 6,258,771 |
| misc current assets | 1,074,000 | 108,000 | 5,347,000 | ||||||||||||
| total current assets | 31,600,000 | 33,900,000 | 70,700,000 | 46,000,000 | 65,014,000 | 55,763,000 | 42,578,000 | 59,956,000 | 49,498,000 | 33,078,000 | 15,916,000 | 27,257,000 | 18,887,000 | 13,559,000 | 14,308,074 |
| total assets | 42,800,000 | 44,800,000 | 88,600,000 | 65,300,000 | 125,825,000 | 91,483,000 | 75,163,000 | 88,147,000 | 86,017,000 | 59,239,000 | 41,543,000 | 27,865,000 | 19,758,000 | 14,663,000 | 14,695,057 |
| Bank overdraft | 7,600,000 | ||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 7,500,000 | 700,000 | 700,000 | 6,000,000 | 4,217,000 | 5,454,000 | 5,733,000 | 7,017,000 | 150,000 | 126,000 | 111,000 | 69,000 | 49,000 | 201,000 | 64,385 |
| Group/Directors Accounts | 6,700,000 | 4,200,000 | 3,431,000 | ||||||||||||
| other short term finances | 3,536,000 | 231,000 | 1,354,000 | 1,016,000 | |||||||||||
| hp & lease commitments | 1,200,000 | 1,100,000 | 1,700,000 | 1,700,000 | 1,557,000 | 33,000 | 12,163 | ||||||||
| other current liabilities | 15,000,000 | 14,600,000 | 7,600,000 | 17,177,000 | 11,851,000 | 13,728,000 | 16,934,000 | 21,231,000 | 13,872,000 | 10,669,000 | 6,669,000 | 5,848,000 | 5,696,000 | 3,830,600 | |
| total current liabilities | 23,000,000 | 21,000,000 | 17,000,000 | 15,300,000 | 22,951,000 | 17,305,000 | 19,461,000 | 30,918,000 | 21,612,000 | 13,998,000 | 10,780,000 | 8,092,000 | 6,913,000 | 5,930,000 | 3,907,148 |
| loans | 14,200,000 | 28,200,000 | 31,400,000 | 34,580,000 | 491,000 | 1,354,000 | 2,370,000 | ||||||||
| hp & lease commitments | 6,100,000 | 7,100,000 | 14,100,000 | 15,700,000 | 17,290,000 | 32,929 | |||||||||
| Accruals and Deferred Income | 140,000 | 93,000 | 74,000 | 55,000 | 37,000 | 19,000 | |||||||||
| other liabilities | 500,000 | ||||||||||||||
| provisions | 1,200,000 | 2,200,000 | 2,800,000 | 1,338,000 | 304,000 | 208,000 | 58,000 | ||||||||
| total long term liabilities | 6,600,000 | 7,700,000 | 15,200,000 | 17,100,000 | 17,959,000 | 152,000 | 104,000 | 549,000 | 140,000 | 93,000 | 74,000 | 55,000 | 1,391,000 | 2,389,000 | 32,929 |
| total liabilities | 29,600,000 | 28,700,000 | 32,200,000 | 32,400,000 | 40,910,000 | 17,457,000 | 19,565,000 | 31,467,000 | 21,752,000 | 14,091,000 | 10,854,000 | 8,147,000 | 8,304,000 | 8,319,000 | 3,940,077 |
| net assets | 13,200,000 | 16,100,000 | 56,400,000 | 32,900,000 | 84,915,000 | 74,026,000 | 55,598,000 | 56,680,000 | 64,265,000 | 45,148,000 | 30,689,000 | 19,718,000 | 11,454,000 | 6,344,000 | 10,754,980 |
| total shareholders funds | 13,200,000 | 16,100,000 | 56,400,000 | 32,900,000 | 84,915,000 | 74,026,000 | 55,598,000 | 56,680,000 | 64,265,000 | 45,148,000 | 30,689,000 | 19,718,000 | 11,454,000 | 6,344,000 | 10,754,980 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 31,800,000 | 30,700,000 | 26,700,000 | 24,600,000 | 13,636,000 | 20,126,000 | 31,953,000 | 14,985,000 | 22,943,000 | 18,119,000 | 13,869,000 | 10,888,000 | 7,027,000 | 3,170,000 | 3,780,829 |
| Depreciation | 400,000 | 2,200,000 | 2,000,000 | 2,000,000 | 510,000 | 444,000 | 388,000 | 378,000 | 333,000 | 307,000 | 341,000 | 369,000 | 362,000 | 237,785 | |
| Amortisation | 1,700,000 | 900,000 | 700,000 | 800,000 | 428,000 | ||||||||||
| Tax | -5,700,000 | -4,100,000 | -4,000,000 | -3,200,000 | -1,974,000 | -3,701,000 | -7,251,000 | -6,256,000 | -4,471,000 | -4,042,000 | -3,272,000 | -2,710,000 | -1,985,000 | -926,000 | -1,131,923 |
| Stock | |||||||||||||||
| Debtors | -7,700,000 | -33,700,000 | 40,700,000 | -37,186,000 | 36,890,000 | 1,753,000 | -22,699,000 | -14,106,000 | 18,811,000 | -186,000 | 10,127,000 | 15,760,000 | -986,000 | -927,303 | 8,049,303 |
| Creditors | 6,800,000 | -5,300,000 | 1,783,000 | -1,237,000 | -279,000 | -1,284,000 | 6,867,000 | 24,000 | 15,000 | 42,000 | 20,000 | -152,000 | 136,615 | 64,385 | |
| Accruals and Deferred Income | -15,000,000 | 400,000 | 7,000,000 | -9,577,000 | 5,326,000 | -1,877,000 | -3,206,000 | -4,437,000 | 7,406,000 | 3,222,000 | 4,019,000 | 839,000 | 170,000 | 1,884,400 | 3,830,600 |
| Deferred Taxes & Provisions | -1,200,000 | -1,000,000 | -600,000 | 1,462,000 | 1,034,000 | 96,000 | 150,000 | 58,000 | |||||||
| Cash flow from operations | 26,500,000 | 62,800,000 | -14,200,000 | 55,054,000 | -19,167,000 | 13,056,000 | 25,711,000 | 7,469,000 | 17,833,000 | 4,838,000 | -6,382,000 | 6,415,000 | 5,554,318 | -1,267,627 | |
| Investing Activities | |||||||||||||||
| capital expenditure | -1,199,000 | -255,000 | -315,000 | -82,000 | -163,000 | -1,062,000 | -149,095 | ||||||||
| Change in Investments | -400,000 | 377,000 | -33,338,000 | 1,894,000 | 31,466,000 | 1,000 | |||||||||
| cash flow from investments | -1,199,000 | -255,000 | -315,000 | -82,000 | -163,000 | -1,062,000 | -149,095 | ||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | 2,500,000 | 4,200,000 | -3,431,000 | 3,431,000 | |||||||||||
| Other Short Term Loans | -3,536,000 | 3,305,000 | 231,000 | -1,354,000 | 338,000 | 1,016,000 | |||||||||
| Long term loans | -14,200,000 | -14,000,000 | -3,200,000 | -3,180,000 | 34,580,000 | -491,000 | 491,000 | -1,354,000 | -1,016,000 | 2,370,000 | |||||
| Hire Purchase and Lease Commitments | -900,000 | -7,600,000 | -1,600,000 | -1,447,000 | 18,847,000 | -33,000 | -12,092 | 45,092 | |||||||
| other long term liabilities | 500,000 | ||||||||||||||
| share issue | |||||||||||||||
| interest | -100,000 | -500,000 | -800,000 | -1,500,000 | -401,000 | 1,735,000 | 1,362,000 | 965,000 | 804,000 | 678,000 | 523,000 | 103,000 | 52,000 | 21,000 | 230,479 |
| cash flow from financing | -11,800,000 | -84,200,000 | -4,500,000 | -4,442,000 | 52,654,000 | 2,003,000 | -33,242,000 | 22,043,000 | 1,107,000 | 382,000 | -980,000 | -930,000 | 35,000 | -2,497,072 | 8,363,799 |
| cash and cash equivalents | |||||||||||||||
| cash | 4,000,000 | -3,300,000 | -15,500,000 | -21,976,000 | 13,609,000 | 11,540,000 | -16,483,000 | 11,086,000 | 7,149,000 | 17,961,000 | 3,553,000 | -7,390,000 | 6,314,000 | 178,229 | 6,258,771 |
| overdraft | 7,600,000 | ||||||||||||||
| change in cash | -3,600,000 | -3,300,000 | -15,500,000 | -21,976,000 | 13,609,000 | 11,540,000 | -16,483,000 | 11,086,000 | 7,149,000 | 17,961,000 | 3,553,000 | -7,390,000 | 6,314,000 | 178,229 | 6,258,771 |
alfa financial software limited Credit Report and Business Information
Alfa Financial Software Limited Competitor Analysis
Perform a competitor analysis for alfa financial software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mega companies, companies in EC2Y area or any other competitors across 12 key performance metrics.
alfa financial software limited Ownership
ALFA FINANCIAL SOFTWARE LIMITED group structure
Alfa Financial Software Limited has 3 subsidiary companies.
Ultimate parent company
2 parents
ALFA FINANCIAL SOFTWARE LIMITED
02482325
3 subsidiaries
alfa financial software limited directors
Alfa Financial Software Limited currently has 3 directors. The longest serving directors include Dr Andrew Denton (Oct 2003) and Mr Duncan Magrath (May 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Dr Andrew Denton | England | 52 years | Oct 2003 | - | Director |
| Mr Duncan Magrath | 60 years | May 2020 | - | Director | |
| Mr Matthew White | United Kingdom | 48 years | Nov 2020 | - | Director |
P&L
December 2023turnover
102m
+9%
operating profit
31.8m
+4%
gross margin
74.9%
-0.86%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
13.2m
-0.18%
total assets
42.8m
-0.04%
cash
17m
+0.31%
net assets
Total assets minus all liabilities
alfa financial software limited company details
company number
02482325
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
March 1990
age
35
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
chp consulting limited (November 2016)
planlane limited (May 1990)
accountant
-
auditor
RSM UK LLP
address
moor place 1 fore street avenue, london, EC2Y 9DT
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
alfa financial 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 4 charges/mortgages relating to alfa financial software limited. Currently there are 4 open charges and 0 have been satisfied in the past.
alfa financial software limited Capital Raised & Share Issues BETA
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alfa financial software limited Companies House Filings - See Documents
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