endorphin software limited
endorphin software limited Company Information
Company Number
02978435
Next Accounts
Jan 2026
Shareholders
clive elsworth
richard armstrong
Group Structure
View All
Industry
Business and domestic software development
Registered Address
29 crusoe road, mitcham, surrey, CR4 3LJ
Website
www.endorphinsoftware.co.ukendorphin software limited Estimated Valuation
Pomanda estimates the enterprise value of ENDORPHIN SOFTWARE LIMITED at £41.8k based on a Turnover of £42k and 0.99x industry multiple (adjusted for size and gross margin).
endorphin software limited Estimated Valuation
Pomanda estimates the enterprise value of ENDORPHIN SOFTWARE LIMITED at £106.4k based on an EBITDA of £17.3k and a 6.14x industry multiple (adjusted for size and gross margin).
endorphin software limited Estimated Valuation
Pomanda estimates the enterprise value of ENDORPHIN SOFTWARE LIMITED at £8.9k based on Net Assets of £3.8k and 2.37x industry multiple (adjusted for liquidity).
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Endorphin Software Limited Overview
Endorphin Software Limited is a live company located in surrey, CR4 3LJ with a Companies House number of 02978435. It operates in the business and domestic software development sector, SIC Code 62012. Founded in October 1994, it's largest shareholder is clive elsworth with a 90% stake. Endorphin Software Limited is a mature, micro sized company, Pomanda has estimated its turnover at £42k with declining growth in recent years.
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Endorphin Software Limited Health Check
Pomanda's financial health check has awarded Endorphin Software Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £42k, make it smaller than the average company (£3.8m)
- Endorphin Software Limited
£3.8m - Industry AVG
Growth
3 year (CAGR) sales growth of -25%, show it is growing at a slower rate (11.6%)
- Endorphin Software Limited
11.6% - Industry AVG
Production
with a gross margin of 96.1%, this company has a lower cost of product (73.2%)
- Endorphin Software Limited
73.2% - Industry AVG
Profitability
an operating margin of 41.2% make it more profitable than the average company (4%)
- Endorphin Software Limited
4% - Industry AVG
Employees
with 1 employees, this is below the industry average (35)
1 - Endorphin Software Limited
35 - Industry AVG
Pay Structure
on an average salary of £69.1k, the company has an equivalent pay structure (£69.1k)
- Endorphin Software Limited
£69.1k - Industry AVG
Efficiency
resulting in sales per employee of £42k, this is less efficient (£123.1k)
- Endorphin Software Limited
£123.1k - Industry AVG
Debtor Days
it gets paid by customers after 57 days, this is near the average (58 days)
- Endorphin Software Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 80 days, this is slower than average (39 days)
- Endorphin Software Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Endorphin Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is more cash available to meet short term requirements (17 weeks)
24 weeks - Endorphin Software Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 58.7%, this is a similar level of debt than the average (59.7%)
58.7% - Endorphin Software Limited
59.7% - Industry AVG
ENDORPHIN SOFTWARE LIMITED financials
Endorphin Software Limited's latest turnover from April 2024 is estimated at £42 thousand and the company has net assets of £3.8 thousand. According to their latest financial statements, Endorphin Software Limited has 1 employee and maintains cash reserves of £2.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 10,047 | 73,302 | 74,059 | ||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 40,420 | 44,918 | 41,551 | 38,875 | 34,250 | 17,550 | 22,850 | 10,450 | 10,047 | ||||||
| Admin Expenses | 23,097 | 23,844 | 21,925 | 20,252 | 9,196 | 2,424 | 4,340 | 5,682 | 8,350 | ||||||
| Operating Profit | 17,323 | 21,074 | 19,626 | 18,623 | 25,054 | 15,126 | 18,510 | 4,768 | 1,697 | 49,353 | 56,478 | ||||
| Interest Payable | |||||||||||||||
| Interest Receivable | 1 | 51 | 14 | ||||||||||||
| Pre-Tax Profit | 17,323 | 21,074 | 19,626 | 18,623 | 25,054 | 15,126 | 18,510 | 4,768 | 1,698 | 49,404 | 56,492 | ||||
| Tax | -3,291 | -4,004 | -3,729 | -3,539 | -4,760 | -2,874 | -3,517 | -282 | -10,334 | -11,863 | |||||
| Profit After Tax | 14,032 | 17,070 | 15,897 | 15,084 | 20,294 | 12,252 | 14,993 | 4,486 | 1,698 | 39,070 | 44,629 | ||||
| Dividends Paid | 36,000 | 45,000 | |||||||||||||
| Retained Profit | 14,032 | 17,070 | 15,897 | 15,084 | 20,294 | 12,252 | 14,993 | 4,486 | 1,698 | 3,070 | -371 | ||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | 2 | |||||||||||
| EBITDA* | 17,323 | 21,074 | 19,626 | 18,623 | 25,054 | 15,126 | 18,868 | 5,413 | 2,275 | 50,448 | 57,101 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 778 | 1,106 | 1,368 | 1,233 | 2,100 | 2,724 | 2,502 | 3,516 | 1,346 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 778 | 1,106 | 1,368 | 1,233 | 2,100 | 2,724 | 2,502 | 3,516 | 1,346 | ||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 6,633 | 6,116 | 6,460 | 1,320 | 3,617 | 5,141 | 5,040 | 1,080 | 1,365 | 3,659 | 5,250 | 2,692 | 50,534 | ||
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 2,500 | 2,022 | 2,580 | 4,377 | 1,605 | 2,023 | 1,145 | 5,433 | 4,402 | 2,653 | 6,129 | 3,853 | 2,670 | 15,598 | 2,332 |
| misc current assets | |||||||||||||||
| total current assets | 9,133 | 8,138 | 9,040 | 4,377 | 2,925 | 5,640 | 6,286 | 10,473 | 4,402 | 3,733 | 7,494 | 7,512 | 7,920 | 18,290 | 52,866 |
| total assets | 9,133 | 8,138 | 9,040 | 4,377 | 2,925 | 5,640 | 7,064 | 11,579 | 5,770 | 4,966 | 9,594 | 10,236 | 10,422 | 21,806 | 54,212 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 5,358 | 4,394 | 5,366 | 1,600 | 232 | 8,241 | 6,018 | 1,703 | 2,597 | 5,497 | 2,818 | 1,969 | |||
| Group/Directors Accounts | 26,244 | ||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 10,582 | 19,814 | |||||||||||||
| total current liabilities | 5,358 | 4,394 | 5,366 | 1,600 | 232 | 8,241 | 6,018 | 1,703 | 2,597 | 5,497 | 2,818 | 1,969 | 10,582 | 46,058 | |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 7,526 | ||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 7,526 | ||||||||||||||
| total liabilities | 5,358 | 4,394 | 5,366 | 1,600 | 232 | 8,241 | 6,018 | 7,526 | 1,703 | 2,597 | 5,497 | 2,818 | 1,969 | 10,582 | 46,058 |
| net assets | 3,775 | 3,744 | 3,674 | 2,777 | 2,693 | -2,601 | 1,046 | 4,053 | 4,067 | 2,369 | 4,097 | 7,418 | 8,453 | 11,224 | 8,154 |
| total shareholders funds | 3,775 | 3,744 | 3,674 | 2,777 | 2,693 | -2,601 | 1,046 | 4,053 | 4,067 | 2,369 | 4,097 | 7,418 | 8,453 | 11,224 | 8,154 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 17,323 | 21,074 | 19,626 | 18,623 | 25,054 | 15,126 | 18,510 | 4,768 | 1,697 | 49,353 | 56,478 | ||||
| Depreciation | 358 | 645 | 578 | 1,077 | 1,095 | 1,319 | 1,046 | 1,095 | 623 | ||||||
| Amortisation | |||||||||||||||
| Tax | -3,291 | -4,004 | -3,729 | -3,539 | -4,760 | -2,874 | -3,517 | -282 | -10,334 | -11,863 | |||||
| Stock | |||||||||||||||
| Debtors | 517 | -344 | 6,460 | -1,320 | -2,297 | -1,524 | 101 | 5,040 | -1,080 | -285 | -2,294 | -1,591 | 2,558 | -47,842 | 50,534 |
| Creditors | 964 | -972 | 3,766 | 1,368 | -8,009 | 2,223 | 6,018 | -1,703 | -894 | -2,900 | 2,679 | 849 | 1,969 | ||
| Accruals and Deferred Income | -10,582 | -9,232 | 19,814 | ||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | 14,479 | 16,442 | 13,203 | 17,772 | 14,582 | 15,999 | 21,268 | -1,612 | 2,461 | 78,724 | 14,518 | ||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -26,244 | 26,244 | |||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -7,526 | 7,526 | |||||||||||||
| share issue | |||||||||||||||
| interest | 1 | 51 | 14 | ||||||||||||
| cash flow from financing | -14,001 | -17,000 | -15,000 | -15,000 | -15,000 | -15,899 | -25,526 | 3,026 | 1 | -26,193 | 34,783 | ||||
| cash and cash equivalents | |||||||||||||||
| cash | 478 | -558 | -1,797 | 2,772 | -418 | 878 | -4,288 | 1,031 | 1,749 | -3,476 | 2,276 | 1,183 | -12,928 | 13,266 | 2,332 |
| overdraft | |||||||||||||||
| change in cash | 478 | -558 | -1,797 | 2,772 | -418 | 878 | -4,288 | 1,031 | 1,749 | -3,476 | 2,276 | 1,183 | -12,928 | 13,266 | 2,332 |
endorphin software limited Credit Report and Business Information
Endorphin Software Limited Competitor Analysis
Perform a competitor analysis for endorphin software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in CR4 area or any other competitors across 12 key performance metrics.
endorphin software limited Ownership
ENDORPHIN SOFTWARE LIMITED group structure
Endorphin Software Limited has no subsidiary companies.
Ultimate parent company
ENDORPHIN SOFTWARE LIMITED
02978435
endorphin software limited directors
Endorphin Software Limited currently has 3 directors. The longest serving directors include Mr Clive Elsworth (Oct 1995) and Mr Richard Armstrong (Mar 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Clive Elsworth | United Kingdom | 64 years | Oct 1995 | - | Director |
| Mr Richard Armstrong | 81 years | Mar 2011 | - | Director | |
| Mrs Sheila Elsworth | England | 63 years | May 2011 | - | Director |
P&L
April 2024turnover
42k
+14%
operating profit
17.3k
-18%
gross margin
96.2%
-21.28%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
3.8k
+0.01%
total assets
9.1k
+0.12%
cash
2.5k
+0.24%
net assets
Total assets minus all liabilities
Similar Companies
endorphin software limited company details
company number
02978435
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
October 1994
age
31
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
endorphin systems limited (January 1997)
accountant
-
auditor
-
address
29 crusoe road, mitcham, surrey, CR4 3LJ
Bank
-
Legal Advisor
-
endorphin 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 did not find charges/mortgages relating to endorphin software limited.
endorphin 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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endorphin software limited Companies House Filings - See Documents
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