micro plus software limited Company Information
Company Number
02843012
Website
http://tollring.comRegistered Address
10 moorcroft harlington road, uxbridge, middlesex, UB8 3HD
Industry
Other business support service activities n.e.c.
Telephone
01895478899
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
amma sarl 85%
shivender dhillon 10%
View Allmicro plus software limited Estimated Valuation
Pomanda estimates the enterprise value of MICRO PLUS SOFTWARE LIMITED at £5.3m based on a Turnover of £7.9m and 0.67x industry multiple (adjusted for size and gross margin).
micro plus software limited Estimated Valuation
Pomanda estimates the enterprise value of MICRO PLUS SOFTWARE LIMITED at £2.4m based on an EBITDA of £462.2k and a 5.14x industry multiple (adjusted for size and gross margin).
micro plus software limited Estimated Valuation
Pomanda estimates the enterprise value of MICRO PLUS SOFTWARE LIMITED at £21.7m based on Net Assets of £8.4m and 2.57x industry multiple (adjusted for liquidity).
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Micro Plus Software Limited Overview
Micro Plus Software Limited is a live company located in middlesex, UB8 3HD with a Companies House number of 02843012. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in August 1993, it's largest shareholder is amma sarl with a 85% stake. Micro Plus Software Limited is a mature, mid sized company, Pomanda has estimated its turnover at £7.9m with healthy growth in recent years.
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Micro Plus Software Limited Health Check
Pomanda's financial health check has awarded Micro Plus 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
6 Strong
2 Regular
3 Weak
Size
annual sales of £7.9m, make it larger than the average company (£3m)
- Micro Plus Software Limited
£3m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (4%)
- Micro Plus Software Limited
4% - Industry AVG
Production
with a gross margin of 38.7%, this company has a comparable cost of product (38.7%)
- Micro Plus Software Limited
38.7% - Industry AVG
Profitability
an operating margin of 2.7% make it less profitable than the average company (6.5%)
- Micro Plus Software Limited
6.5% - Industry AVG
Employees
with 31 employees, this is above the industry average (20)
31 - Micro Plus Software Limited
20 - Industry AVG
Pay Structure
on an average salary of £43.6k, the company has an equivalent pay structure (£43.6k)
- Micro Plus Software Limited
£43.6k - Industry AVG
Efficiency
resulting in sales per employee of £253.6k, this is more efficient (£137.2k)
- Micro Plus Software Limited
£137.2k - Industry AVG
Debtor Days
it gets paid by customers after 78 days, this is later than average (39 days)
- Micro Plus Software Limited
39 days - Industry AVG
Creditor Days
its suppliers are paid after 11 days, this is quicker than average (34 days)
- Micro Plus Software Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Micro Plus Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 56 weeks, this is more cash available to meet short term requirements (28 weeks)
56 weeks - Micro Plus Software Limited
28 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.2%, this is a lower level of debt than the average (60.5%)
15.2% - Micro Plus Software Limited
60.5% - Industry AVG
MICRO PLUS SOFTWARE LIMITED financials
Micro Plus Software Limited's latest turnover from March 2023 is estimated at £7.9 million and the company has net assets of £8.4 million. According to their latest financial statements, Micro Plus Software Limited has 31 employees and maintains cash reserves of £1.6 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | ||||||||||||||
Gross Profit | ||||||||||||||
Admin Expenses | ||||||||||||||
Operating Profit | ||||||||||||||
Interest Payable | ||||||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | ||||||||||||||
Tax | ||||||||||||||
Profit After Tax | ||||||||||||||
Dividends Paid | ||||||||||||||
Retained Profit | ||||||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 31 | 27 | 36 | 36 | 34 | 33 | 28 | 26 | ||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 629,855 | 640,348 | 664,159 | 696,854 | 697,896 | 675,012 | 857,848 | 430,286 | 419,331 | 412,260 | 420,759 | 422,777 | 401,765 | 403,420 |
Intangible Assets | 3,577,500 | 3,795,000 | 4,012,500 | 4,230,000 | 4,447,500 | 4,665,000 | 4,882,500 | 5,100,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 1,261 | 196 | 196 | 196 | 196 | 196 | 196 | 196 | 62 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 4,208,616 | 4,435,544 | 4,676,855 | 4,927,050 | 5,145,592 | 5,340,208 | 5,740,544 | 5,530,482 | 419,393 | 412,260 | 420,759 | 422,777 | 401,765 | 403,420 |
Stock & work in progress | 0 | 6,179 | 7,211 | 9,379 | 11,984 | 11,597 | 8,980 | 17,222 | 35,130 | 25,000 | 23,979 | 23,729 | 23,729 | 23,767 |
Trade Debtors | 1,686,900 | 1,171,947 | 1,077,205 | 1,121,687 | 1,041,705 | 890,817 | 1,524,984 | 606,999 | 528,549 | 469,284 | 313,755 | 256,089 | 161,286 | 123,657 |
Group Debtors | 0 | 0 | 0 | 0 | 455,340 | 166,889 | 155,129 | 2,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 1,700,989 | 1,715,740 | 2,303,420 | 1,413,754 | 438,144 | 76,869 | 74,933 | 45,621 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 1,631,150 | 1,471,326 | 1,000,755 | 1,233,759 | 1,360,957 | 1,451,840 | 1,178,034 | 1,302,753 | 1,287,305 | 693,745 | 558,741 | 365,262 | 266,319 | 210,274 |
misc current assets | 727,787 | 759,016 | 718,685 | 659,925 | 686,480 | 618,237 | 360,211 | 250,000 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 5,746,826 | 5,124,208 | 5,107,276 | 4,438,504 | 3,994,610 | 3,216,249 | 3,302,271 | 2,224,595 | 1,850,984 | 1,188,029 | 896,475 | 645,080 | 451,334 | 357,698 |
total assets | 9,955,442 | 9,559,752 | 9,784,131 | 9,365,554 | 9,140,202 | 8,556,457 | 9,042,815 | 7,755,077 | 2,270,377 | 1,600,289 | 1,317,234 | 1,067,857 | 853,099 | 761,118 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 5,169 | 4,874 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 143,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 156,373 | 160,525 | 157,796 | 144,168 | 182,913 | 50,609 | 28,892 | 44,796 | 605,326 | 367,971 | 365,818 | 311,682 | 207,741 | 171,644 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 1,347,459 | 954,627 | 756,852 | 657,866 | 650,554 | 512,031 | 1,155,686 | 717,915 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 1,503,832 | 1,115,152 | 914,648 | 945,132 | 833,467 | 562,640 | 1,189,747 | 767,585 | 605,326 | 367,971 | 365,818 | 311,682 | 207,741 | 171,644 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 177,281 | 190,973 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 143,098 | 0 | 0 | 0 | 204,052 | 216,812 | 229,259 | 241,402 | 253,112 | 264,681 |
provisions | 7,830 | 7,810 | 7,657 | 8,178 | 8,703 | 34,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 7,830 | 7,810 | 7,657 | 8,178 | 151,801 | 34,481 | 177,281 | 190,973 | 204,052 | 216,812 | 229,259 | 241,402 | 253,112 | 264,681 |
total liabilities | 1,511,662 | 1,122,962 | 922,305 | 953,310 | 985,268 | 597,121 | 1,367,028 | 958,558 | 809,378 | 584,783 | 595,077 | 553,084 | 460,853 | 436,325 |
net assets | 8,443,780 | 8,436,790 | 8,861,826 | 8,412,244 | 8,154,934 | 7,959,336 | 7,675,787 | 6,796,519 | 1,460,999 | 1,015,506 | 722,157 | 514,773 | 392,246 | 324,793 |
total shareholders funds | 8,443,780 | 8,436,790 | 8,861,826 | 8,412,244 | 8,154,934 | 7,959,336 | 7,675,787 | 6,796,519 | 1,460,999 | 1,015,506 | 722,157 | 514,773 | 392,246 | 324,793 |
Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | ||||||||||||||
Depreciation | 33,513 | 28,145 | 32,266 | 51,135 | 39,734 | 23,489 | 20,514 | 17,376 | 17,900 | 17,301 | 13,431 | 4,986 | 8,494 | |
Amortisation | 217,500 | 217,500 | 217,500 | 217,500 | 217,500 | 217,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||
Stock | -6,179 | -1,032 | -2,168 | -2,605 | 387 | 2,617 | -8,242 | -17,908 | 10,130 | 1,021 | 250 | 0 | -38 | 23,767 |
Debtors | 500,202 | -492,938 | 845,184 | 600,252 | 800,614 | -620,471 | 1,100,426 | 126,071 | 59,265 | 155,529 | 57,666 | 94,803 | 37,629 | 123,657 |
Creditors | -4,152 | 2,729 | 13,628 | -38,745 | 132,304 | 21,717 | -15,904 | -560,530 | 237,355 | 2,153 | 54,136 | 103,941 | 36,097 | 171,644 |
Accruals and Deferred Income | 392,832 | 197,775 | 98,986 | 7,312 | 138,523 | -643,655 | 437,771 | 717,915 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 20 | 153 | -521 | -525 | -25,778 | 34,481 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | ||||||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | 1,065 | 0 | 0 | 0 | 0 | 0 | 0 | 134 | 62 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | -143,098 | 143,098 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | -177,281 | -13,692 | 190,973 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | -143,098 | 143,098 | 0 | 0 | -204,052 | -12,760 | -12,447 | -12,143 | -11,710 | -11,569 | 264,681 |
share issue | ||||||||||||||
interest | ||||||||||||||
cash flow from financing | ||||||||||||||
cash and cash equivalents | ||||||||||||||
cash | 159,824 | 470,571 | -233,004 | -127,198 | -90,883 | 273,806 | -124,719 | 15,448 | 593,560 | 135,004 | 193,479 | 98,943 | 56,045 | 210,274 |
overdraft | 0 | 0 | 0 | 0 | 0 | -5,169 | 295 | 4,874 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 159,824 | 470,571 | -233,004 | -127,198 | -90,883 | 278,975 | -125,014 | 10,574 | 593,560 | 135,004 | 193,479 | 98,943 | 56,045 | 210,274 |
micro plus software limited Credit Report and Business Information
Micro Plus Software Limited Competitor Analysis
Perform a competitor analysis for micro plus software limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in UB8 area or any other competitors across 12 key performance metrics.
micro plus software limited Ownership
MICRO PLUS SOFTWARE LIMITED group structure
Micro Plus Software Limited has 1 subsidiary company.
Ultimate parent company
AMMA SARL
#0131253
1 parent
MICRO PLUS SOFTWARE LIMITED
02843012
1 subsidiary
micro plus software limited directors
Micro Plus Software Limited currently has 7 directors. The longest serving directors include Mr Antonio Martino (Aug 2000) and Mr Shivender Dhillon (Jul 2014).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Antonio Martino | 55 years | Aug 2000 | - | Director | |
Mr Shivender Dhillon | England | 44 years | Jul 2014 | - | Director |
Mrs Hilary Oliver | England | 51 years | Oct 2016 | - | Director |
Mr Korawad Chearavanont | 30 years | Aug 2024 | - | Director | |
Mrs Nina Rowley | 43 years | Aug 2024 | - | Director | |
Mr Keng Teik Koay | 53 years | Aug 2024 | - | Director | |
Mr Touchapon Kraisingkorn | 34 years | Aug 2024 | - | Director |
P&L
March 2023turnover
7.9m
+55%
operating profit
211.2k
0%
gross margin
38.8%
+1.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
8.4m
0%
total assets
10m
+0.04%
cash
1.6m
+0.11%
net assets
Total assets minus all liabilities
micro plus software limited company details
company number
02843012
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
August 1993
age
31
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
ARMSTRONGWATSON
auditor
-
address
10 moorcroft harlington road, uxbridge, middlesex, UB8 3HD
Bank
-
Legal Advisor
-
micro plus 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 1 charges/mortgages relating to micro plus software limited. Currently there are 0 open charges and 1 have been satisfied in the past.
micro plus software limited Companies House Filings - See Documents
date | description | view/download |
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