Pomanda estimates the enterprise value of CENTRIC SOFTWARE LIMITED at £26m based on a Turnover of £22.4m and 1.16x industry multiple (adjusted for size and gross margin).
centric software limitedEstimated Valuation
£5.6m
Pomanda estimates the enterprise value of CENTRIC SOFTWARE LIMITED at £5.6m based on an EBITDA of £811.7k and a 6.92x industry multiple (adjusted for size and gross margin).
centric software limitedEstimated Valuation
£4.7m
Pomanda estimates the enterprise value of CENTRIC SOFTWARE LIMITED at £4.7m based on Net Assets of £2m and 2.36x industry multiple (adjusted for liquidity).
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Centric Software LimitedOverview
Centric Software Limited is a live company located in london, SW1H 0DB with a Companies House number of 03164162. It operates in the business and domestic software development sector, SIC Code 62012. Founded in February 1996, it's largest shareholder is
centric software inc.
with a 100% stake. Centric Software Limited is a mature,
large sized company, Pomanda has estimated its turnover at
£22.4m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Centric Software Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
4 Strong
2 Regular
5 Weak
Size
annual sales of £22.4m, make it larger than the average company (£4.6m)
£22.4m - Centric Software Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 31%, show it is growing at a faster rate (10.3%)
31% - Centric Software Limited
10.3% - Industry AVG
Production
with a gross margin of 66.3%, this company has a comparable cost of product (71.7%)
66.3% - Centric Software Limited
71.7% - Industry AVG
Profitability
an operating margin of 3.5% make it as profitable than the average company (3.4%)
3.5% - Centric Software Limited
3.4% - Industry AVG
Employees
with 79 employees, this is above the industry average (42)
79 - Centric Software Limited
42 - Industry AVG
Pay Structure
on an average salary of £124.6k, the company has a higher pay structure (£71.8k)
£124.6k - Centric Software Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £283.8k, this is more efficient (£122.9k)
£283.8k - Centric Software Limited
£122.9k - Industry AVG
Debtor Days
it gets paid by customers after 109 days, this is later than average (58 days)
109 days - Centric Software Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 15 days, this is quicker than average (41 days)
15 days - Centric Software Limited
41 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Centric Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (17 weeks)
1 weeks - Centric Software Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 91.4%, this is a higher level of debt than the average (63.2%)
91.4% - Centric Software Limited
63.2% - Industry AVG
CENTRIC SOFTWARE LIMITED financials
EXPORT
Centric Software Limited's latest turnover from December 2023 is £22.4 million and the company has net assets of £2 million. According to their latest financial statements, Centric Software Limited has 79 employees and maintains cash reserves of £804.9 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
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Dec 2010
Dec 2009
Turnover
22,418,734
17,940,201
18,308,757
9,894,585
5,336,368
4,878,598
8,323,030
3,263,932
6,465,749
1,993,264
1,282,937
1,608,553
1,410,814
513,868
Other Income Or Grants
Cost Of Sales
7,559,636
9,415,179
9,731,504
2,731,160
1,440,420
2,816,868
4,823,231
866,169
1,665,589
494,096
331,639
401,381
347,305
130,572
Gross Profit
14,859,098
8,525,022
8,577,253
7,163,425
3,895,948
2,061,730
3,499,799
2,397,763
4,800,161
1,499,168
951,298
1,207,173
1,063,510
383,296
Admin Expenses
14,074,442
8,076,517
8,088,458
10,436,500
-496,600
2,450,900
1,903,245
2,038,748
4,213,213
1,930,915
1,143,625
1,417,463
1,934,597
387,421
797,804
Operating Profit
784,656
448,505
488,795
-3,273,075
4,392,548
-389,170
1,596,554
359,015
586,948
-431,747
-192,327
-210,290
-871,087
-4,125
-797,804
Interest Payable
1,751
Interest Receivable
305,528
66,927
1,102
28,758
9,511
7,427
2,667
1,516
605
94
28
6
3
Pre-Tax Profit
1,090,184
515,432
487,044
-3,271,973
4,421,306
-379,659
1,596,554
366,443
589,615
-430,231
-191,722
-210,196
-871,059
-4,119
-797,801
Tax
-291,888
-101,551
-62,224
-840,048
72,297
-321,225
-73,288
-117,923
Profit After Tax
798,296
413,881
424,820
-3,271,973
3,581,258
-307,362
1,275,329
293,154
471,692
-430,231
-191,722
-210,196
-871,059
-4,119
-797,801
Dividends Paid
Retained Profit
798,296
413,881
424,820
-3,271,973
3,581,258
-307,362
1,275,329
293,154
471,692
-430,231
-191,722
-210,196
-871,059
-4,119
-797,801
Employee Costs
9,841,804
6,391,007
6,084,444
2,890,386
2,978,666
3,458,847
2,920,318
1,024,606
3,350,560
965,509
647,332
834,616
723,178
305,069
Number Of Employees
79
55
50
48
48
36
23
18
62
18
12
16
14
6
EBITDA*
811,728
480,290
516,163
-3,247,953
4,415,426
-373,477
1,604,966
365,418
590,742
-429,390
-190,882
-208,887
-870,396
-4,125
-797,804
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Dec 2010
Dec 2009
Tangible Assets
25,534
47,366
42,729
46,290
59,053
51,014
34,139
17,038
13,108
4,656
5,084
3,519
2,075
Intangible Assets
Investments & Other
2
2
2
2
2
2
Debtors (Due After 1 year)
454,572
361,861
180,517
326,241
204,434
Total Fixed Assets
480,108
409,229
223,248
372,533
263,489
51,016
34,139
17,038
13,108
4,656
5,084
3,519
2,075
Stock & work in progress
Trade Debtors
6,751,257
7,756,604
3,575,265
2,634,599
1,119,997
873,290
2,556,220
818,010
1,250,645
275,454
160,690
235,365
219,759
60,842
60,230
Group Debtors
7,913,456
8,156,225
1,011,423
2,324,388
Misc Debtors
7,303,311
6,453,145
8,386,774
2,619,824
3,887,015
1,251,472
2,276,041
46,293
341,883
Cash
804,877
1,407,085
2,353,416
1,778,453
424,696
7,244,081
6,661,376
5,265,569
676,237
390,674
215,607
26,245
11,225
1,232
1,180
misc current assets
total current assets
22,772,901
23,773,059
15,326,878
7,032,876
7,756,096
9,368,843
11,493,637
6,129,872
2,268,765
666,128
376,297
261,610
230,984
62,074
61,410
total assets
23,253,009
24,182,288
15,550,126
7,405,409
8,019,585
9,419,859
11,527,776
6,146,910
2,281,873
670,784
381,381
265,129
233,059
62,074
61,410
Bank overdraft
Bank loan
Trade Creditors
312,144
198,988
101,201
146,672
64,521
164,339
167,788
69,690
69,401
2,301,323
1,653,358
1,335,617
1,064,051
862,994
858,211
Group/Directors Accounts
11,944,419
18,151,846
11,357,568
3,828,807
5,771,837
6,924,032
3,959,418
2,580,667
other short term finances
hp & lease commitments
other current liabilities
8,993,697
4,627,001
3,300,785
3,064,178
3,937,618
2,635,278
2,898,684
1,651,974
733,742
total current liabilities
21,250,260
22,977,835
14,759,554
7,039,657
4,002,139
8,571,454
9,990,504
5,681,082
3,383,810
2,301,323
1,653,358
1,335,617
1,064,051
862,994
858,211
loans
hp & lease commitments
Accruals and Deferred Income
379,721
788,119
1,192,980
other liabilities
1,403,190
128,579
71,669
9,767
39,067
provisions
3,819
5,804
total long term liabilities
379,721
791,938
1,198,784
1,403,190
128,579
71,669
9,767
39,067
total liabilities
21,250,260
22,977,835
14,759,554
7,039,657
4,381,860
9,363,392
11,189,288
7,084,272
3,512,389
2,372,992
1,653,358
1,345,384
1,103,118
862,994
858,211
net assets
2,002,749
1,204,453
790,572
365,752
3,637,725
56,467
338,488
-937,362
-1,230,516
-1,702,208
-1,271,977
-1,080,255
-870,059
-800,920
-796,801
total shareholders funds
2,002,749
1,204,453
790,572
365,752
3,637,725
56,467
338,488
-937,362
-1,230,516
-1,702,208
-1,271,977
-1,080,255
-870,059
-800,920
-796,801
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Dec 2010
Dec 2009
Operating Activities
Operating Profit
784,656
448,505
488,795
-3,273,075
4,392,548
-389,170
1,596,554
359,015
586,948
-431,747
-192,327
-210,290
-871,087
-4,125
-797,804
Depreciation
27,072
31,785
27,368
25,122
22,878
15,693
8,412
6,403
3,794
2,357
1,445
1,403
691
Amortisation
Tax
-291,888
-101,551
-62,224
-840,048
72,297
-321,225
-73,288
-117,923
Stock
Debtors
-305,239
9,573,856
7,573,315
-1,955,170
5,411,072
1,260,459
3,967,958
-728,225
1,317,074
114,764
-74,675
15,606
219,759
612
60,230
Creditors
113,156
97,787
-45,471
82,151
-99,818
94,649
98,098
289
-2,231,922
647,965
317,741
271,566
1,064,051
4,783
858,211
Accruals and Deferred Income
4,366,696
1,326,216
236,607
-1,253,161
893,942
1,771,423
2,439,690
918,232
733,742
Deferred Taxes & Provisions
-3,819
3,819
5,804
Cash flow from operations
5,304,931
-7,771,114
-6,928,240
-2,463,793
-1,045,389
308,252
-140,625
1,938,876
-2,342,435
103,811
201,534
47,073
-26,104
46
177
Investing Activities
capital expenditure
-36,422
-23,807
-12,359
-30,917
-49,669
-25,513
-10,333
-12,246
-1,929
-3,010
-2,847
-2,766
Change in Investments
2
cash flow from investments
-36,422
-23,807
-12,359
-30,917
-49,671
-25,513
-10,333
-12,246
-1,929
-3,010
-2,847
-2,766
Financing Activities
Bank loans
Group/Directors Accounts
-6,207,427
6,794,278
7,528,761
3,828,807
-5,771,837
1,812,419
2,964,614
1,378,751
2,580,667
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-1,403,190
-1,403,190
1,274,611
56,910
71,669
-9,767
-29,300
39,067
share issue
1,301,191
521
1,000
1,000
interest
305,528
66,927
-1,751
1,102
28,758
9,511
7,427
2,667
1,516
605
94
28
6
3
cash flow from financing
-5,901,899
6,861,205
7,527,010
3,829,909
-5,743,079
1,719,931
1,561,945
2,660,789
2,640,244
73,185
-9,162
-29,206
40,095
6
1,003
cash and cash equivalents
cash
-602,208
-946,331
574,963
1,353,757
-6,819,385
1,978,512
1,395,807
4,589,332
285,563
175,067
189,362
15,020
11,225
52
1,180
overdraft
change in cash
-602,208
-946,331
574,963
1,353,757
-6,819,385
1,978,512
1,395,807
4,589,332
285,563
175,067
189,362
15,020
11,225
52
1,180
centric 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 centric software limited. Get real-time insights into centric software limited's credit score, group structure and payment trends.
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centric software limited Ownership
CENTRIC SOFTWARE LIMITED group structure
Centric Software Limited has no subsidiary companies.
Ultimate parent company
DASSAULT SYSTEMES SE
#0039794
CENTRIC SOFTWARE INC
#0027988
2 parents
CENTRIC SOFTWARE LIMITED
03164162
CENTRIC SOFTWARE LIMITED Shareholders
The sole shareholder of Centric Software Limited is Centric Software Inc..
centric software inc.
100%
centric software limited directors
Centric Software Limited currently has 1 director, Chris Groves serving since May 1997.
62012 - Business and domestic software development
incorporation date
February 1996
age
29
incorporated
UK
ultimate parent company
DASSAULT SYSTEMES SE
accounts
Full Accounts
last accounts submitted
December 2023
previous names
coryphaeus software limited (September 1999)
lochswift limited (March 1996)
accountant
-
auditor
NORTONS ASSURANCE LIMITED
address
suite 4, 7th floor 50 broadway, london, SW1H 0DB
Bank
-
Legal Advisor
-
centric 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 centric software limited.
centric 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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centric software limitedCompanies House Filings - See Documents
