aptitude software limited
aptitude software limited Company Information
Company Number
03475849
Website
www.aptitudesoftware.comRegistered Address
8th floor, 138 cheapside, london, EC2V 6BJ
Industry
Computer consultancy activities
Telephone
02074968196
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
aptitude software group plc 100%
aptitude software limited Estimated Valuation
Pomanda estimates the enterprise value of APTITUDE SOFTWARE LIMITED at £45.7m based on a Turnover of £37.1m and 1.23x industry multiple (adjusted for size and gross margin).
aptitude software limited Estimated Valuation
Pomanda estimates the enterprise value of APTITUDE SOFTWARE LIMITED at £63.2m based on an EBITDA of £6.4m and a 9.84x industry multiple (adjusted for size and gross margin).
aptitude software limited Estimated Valuation
Pomanda estimates the enterprise value of APTITUDE SOFTWARE LIMITED at £41.1m based on Net Assets of £18.4m and 2.23x industry multiple (adjusted for liquidity).
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Aptitude Software Limited Overview
Aptitude Software Limited is a live company located in london, EC2V 6BJ with a Companies House number of 03475849. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in December 1997, it's largest shareholder is aptitude software group plc with a 100% stake. Aptitude Software Limited is a mature, large sized company, Pomanda has estimated its turnover at £37.1m with low growth in recent years.
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Aptitude Software Limited Health Check
Pomanda's financial health check has awarded Aptitude Software Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £37.1m, make it larger than the average company (£1.6m)
£37.1m - Aptitude Software Limited
£1.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (7.3%)
2% - Aptitude Software Limited
7.3% - Industry AVG
Production
with a gross margin of 46.8%, this company has a comparable cost of product (46.8%)
46.8% - Aptitude Software Limited
46.8% - Industry AVG
Profitability
an operating margin of 16.1% make it more profitable than the average company (7.2%)
16.1% - Aptitude Software Limited
7.2% - Industry AVG
Employees
with 109 employees, this is above the industry average (13)
109 - Aptitude Software Limited
13 - Industry AVG
Pay Structure
on an average salary of £129.4k, the company has a higher pay structure (£56.6k)
£129.4k - Aptitude Software Limited
£56.6k - Industry AVG
Efficiency
resulting in sales per employee of £339.9k, this is more efficient (£132.4k)
£339.9k - Aptitude Software Limited
£132.4k - Industry AVG
Debtor Days
it gets paid by customers after 46 days, this is earlier than average (63 days)
46 days - Aptitude Software Limited
63 days - Industry AVG
Creditor Days
its suppliers are paid after 4 days, this is quicker than average (27 days)
4 days - Aptitude Software Limited
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Aptitude 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 (18 weeks)
1 weeks - Aptitude Software Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.8%, this is a higher level of debt than the average (56.4%)
73.8% - Aptitude Software Limited
56.4% - Industry AVG
APTITUDE SOFTWARE LIMITED financials
Aptitude Software Limited's latest turnover from December 2023 is £37.1 million and the company has net assets of £18.4 million. According to their latest financial statements, Aptitude Software Limited has 109 employees and maintains cash reserves of £1.4 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 | 37,052,000 | 36,944,000 | 34,244,000 | 35,285,000 | 37,070,000 | 52,274,000 | 44,721,000 | 26,364,000 | 14,893,000 | 14,475,000 | 13,869,000 | 15,617,000 | 19,141,000 | 15,224,000 | 9,364,000 |
| Other Income Or Grants | 0 | ||||||||||||||
| Cost Of Sales | 0 | ||||||||||||||
| Gross Profit | 14,893,000 | ||||||||||||||
| Admin Expenses | 14,530,000 | ||||||||||||||
| Operating Profit | 5,957,000 | 5,125,000 | 7,794,000 | 8,964,000 | 9,173,000 | 2,241,000 | 363,000 | -396,000 | 651,000 | 307,000 | 947,000 | -466,000 | -792,000 | ||
| Interest Payable | 100,000 | 106,000 | 74,000 | 24,000 | 24,000 | 120,000 | 84,000 | 3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 1,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 6,245,000 | 5,388,000 | 8,550,000 | 9,341,000 | 9,537,000 | 9,274,000 | 7,707,000 | 2,238,000 | 623,000 | -142,000 | 939,000 | 569,000 | 1,387,000 | -352,000 | -608,000 |
| Tax | -1,108,000 | -653,000 | -1,323,000 | 71,000 | -1,850,000 | -1,983,000 | -465,000 | -767,000 | -150,000 | -76,000 | -230,000 | -258,000 | -409,000 | -88,000 | 26,000 |
| Profit After Tax | 5,137,000 | 4,735,000 | 7,227,000 | 9,412,000 | 7,687,000 | 7,291,000 | 7,242,000 | 1,471,000 | 473,000 | -218,000 | 709,000 | 311,000 | 978,000 | -440,000 | -582,000 |
| Dividends Paid | 12,500,000 | 0 | 0 | 12,500,000 | 12,000,000 | 3,500,000 | 3,000,000 | 1,500,000 | 1,500,000 | 2,500,000 | 3,000,000 | 0 | 0 | 0 | 0 |
| Retained Profit | -7,363,000 | 4,735,000 | 7,227,000 | -3,088,000 | -4,313,000 | 3,791,000 | 4,242,000 | -29,000 | -1,027,000 | -2,718,000 | -2,291,000 | 311,000 | 978,000 | -440,000 | -582,000 |
| Employee Costs | 14,107,000 | 15,216,000 | 14,617,000 | 15,442,000 | 14,901,000 | 27,854,000 | 21,981,000 | 14,529,000 | 5,553,000 | 5,229,000 | 4,583,000 | 5,713,000 | 6,813,000 | 5,954,000 | 5,598,000 |
| Number Of Employees | 109 | 115 | 102 | 108 | 106 | 289 | 231 | 174 | 46 | 53 | 45 | 54 | 60 | 58 | 54 |
| EBITDA* | 6,417,000 | 5,638,000 | 8,479,000 | 9,602,000 | 9,760,000 | 2,548,000 | 412,000 | 315,000 | 1,361,000 | 1,038,000 | 1,715,000 | 279,000 | -187,000 |
* 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 794,000 | 411,000 | 13,721,000 | 11,474,000 | 11,496,000 | 5,865,000 | 5,140,000 | 770,000 | 127,000 | 84,000 | 16,000 | 26,000 | 63,000 | 131,000 | 146,000 |
| Intangible Assets | 19,556,000 | 20,274,000 | 17,508,000 | 17,508,000 | 17,508,000 | 38,119,000 | 38,961,000 | 15,347,000 | 10,508,000 | 9,820,000 | 10,508,000 | 11,197,000 | 11,886,000 | 12,575,000 | 10,236,000 |
| Investments & Other | 9,299,000 | 9,175,000 | 9,886,000 | 10,244,000 | 9,132,000 | 1,323,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 52,000 | 29,000 |
| Debtors (Due After 1 year) | 556,000 | 732,000 | 148,000 | 236,000 | 1,580,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 30,205,000 | 30,592,000 | 31,081,000 | 28,746,000 | 29,004,000 | 43,984,000 | 40,686,000 | 16,117,000 | 10,635,000 | 9,904,000 | 10,524,000 | 11,223,000 | 11,949,000 | 12,758,000 | 10,411,000 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 4,703,000 | 3,243,000 | 4,903,000 | 2,350,000 | 5,207,000 | 10,436,000 | 9,547,000 | 4,965,000 | 751,000 | 420,000 | 1,885,000 | 959,000 | 2,882,000 | 3,280,000 | 1,994,000 |
| Group Debtors | 32,462,000 | 16,697,000 | 14,198,000 | 2,392,000 | 1,141,000 | 0 | 0 | 0 | 13,000 | 1,872,000 | 2,342,000 | 6,142,000 | 3,980,000 | 1,918,000 | 895,000 |
| Misc Debtors | 854,000 | 851,000 | 645,000 | 668,000 | 1,380,000 | 1,417,000 | 2,085,000 | 883,000 | 464,000 | 321,000 | 292,000 | 151,000 | 103,000 | 260,000 | 177,000 |
| Cash | 1,384,000 | 1,217,000 | 717,000 | 1,460,000 | 1,289,000 | 4,598,000 | 6,224,000 | 5,640,000 | 66,000 | 11,000 | 0 | 0 | 189,000 | 1,027,000 | 336,000 |
| misc current assets | 607,000 | 527,000 | 0 | 62,000 | 4,000 | 543,000 | 341,000 | 411,000 | 0 | 10,000 | 24,000 | 31,000 | 35,000 | 0 | 29,000 |
| total current assets | 40,010,000 | 22,535,000 | 20,463,000 | 7,140,000 | 9,430,000 | 16,994,000 | 17,364,000 | 11,899,000 | 1,294,000 | 2,634,000 | 4,543,000 | 7,283,000 | 7,189,000 | 6,485,000 | 3,431,000 |
| total assets | 70,215,000 | 53,127,000 | 51,544,000 | 35,886,000 | 38,434,000 | 60,978,000 | 58,050,000 | 28,016,000 | 11,929,000 | 12,538,000 | 15,067,000 | 18,506,000 | 19,138,000 | 19,243,000 | 13,842,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 25,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 264,000 | 293,000 | 892,000 | 337,000 | 637,000 | 1,237,000 | 1,321,000 | 632,000 | 188,000 | 184,000 | 89,000 | 87,000 | 155,000 | 1,000 | 362,000 |
| Group/Directors Accounts | 25,177,000 | 2,706,000 | 0 | 0 | 0 | 0 | 0 | 0 | 2,634,000 | 2,921,000 | 1,990,000 | 3,233,000 | 3,466,000 | 6,393,000 | 1,553,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 81,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 274,000 | 264,000 | 81,000 | 543,000 | 403,000 | 966,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,764,000 | 21,664,000 | 27,515,000 | 22,258,000 | 21,884,000 | 28,316,000 | 32,467,000 | 17,338,000 | 5,542,000 | 5,543,000 | 5,624,000 | 5,529,000 | 6,171,000 | 4,481,000 | 3,119,000 |
| total current liabilities | 49,479,000 | 24,927,000 | 28,488,000 | 23,138,000 | 22,924,000 | 30,519,000 | 34,742,000 | 18,018,000 | 8,445,000 | 8,648,000 | 7,703,000 | 8,849,000 | 9,792,000 | 10,875,000 | 5,034,000 |
| loans | 0 | 0 | 5,250,000 | 36,000 | 0 | 4,126,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 2,072,000 | 2,344,000 | 2,625,000 | 18,000 | 0 | 2,063,000 | 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 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 272,000 | 159,000 | 240,000 | 520,000 | 360,000 | 4,980,000 | 5,098,000 | 188,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 2,344,000 | 2,503,000 | 2,745,000 | 278,000 | 180,000 | 4,553,000 | 2,549,000 | 94,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 51,823,000 | 27,430,000 | 31,233,000 | 23,416,000 | 23,104,000 | 35,072,000 | 37,291,000 | 18,112,000 | 8,445,000 | 8,648,000 | 7,703,000 | 8,849,000 | 9,792,000 | 10,875,000 | 5,034,000 |
| net assets | 18,392,000 | 25,697,000 | 20,311,000 | 12,470,000 | 15,330,000 | 25,906,000 | 20,759,000 | 9,904,000 | 3,484,000 | 3,890,000 | 7,364,000 | 9,657,000 | 9,346,000 | 8,368,000 | 8,808,000 |
| total shareholders funds | 18,392,000 | 25,697,000 | 20,311,000 | 12,470,000 | 15,330,000 | 25,906,000 | 22,035,000 | 9,904,000 | 3,484,000 | 3,890,000 | 7,364,000 | 9,657,000 | 9,346,000 | 8,368,000 | 8,808,000 |
| 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 | Dec 2010 | Dec 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | 5,957,000 | 5,125,000 | 7,794,000 | 8,964,000 | 9,173,000 | 2,241,000 | 363,000 | -396,000 | 651,000 | 307,000 | 947,000 | -466,000 | -792,000 | ||
| Depreciation | 460,000 | 513,000 | 685,000 | 638,000 | 587,000 | 1,189,000 | 660,000 | 307,000 | 49,000 | 23,000 | 21,000 | 42,000 | 79,000 | 84,000 | 66,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 842,000 | 286,000 | 0 | 688,000 | 689,000 | 689,000 | 689,000 | 661,000 | 539,000 | |
| Tax | -1,108,000 | -653,000 | -1,323,000 | 71,000 | -1,850,000 | -1,983,000 | -465,000 | -767,000 | -150,000 | -76,000 | -230,000 | -258,000 | -409,000 | -88,000 | 26,000 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 17,052,000 | 1,629,000 | 14,248,000 | -3,662,000 | -2,545,000 | 1,258,000 | 4,747,000 | 4,620,000 | -1,385,000 | -1,906,000 | -2,733,000 | 287,000 | 1,507,000 | 2,392,000 | 3,066,000 |
| Creditors | -29,000 | -599,000 | 555,000 | -300,000 | -600,000 | -84,000 | 689,000 | 444,000 | 4,000 | 95,000 | 2,000 | -68,000 | 154,000 | -361,000 | 362,000 |
| Accruals and Deferred Income | 2,100,000 | -5,851,000 | 5,257,000 | 374,000 | -6,432,000 | -4,151,000 | 15,129,000 | 11,796,000 | -1,000 | -81,000 | 95,000 | -642,000 | 1,690,000 | 1,362,000 | 3,119,000 |
| Deferred Taxes & Provisions | 113,000 | -81,000 | -280,000 | 160,000 | -4,620,000 | -118,000 | 4,910,000 | 188,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | -9,559,000 | -3,175,000 | -1,560,000 | 13,569,000 | -1,197,000 | 1,650,000 | 2,159,000 | 3,961,000 | -217,000 | 1,643,000 | -1,200,000 | 254,000 | |||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 124,000 | -711,000 | -358,000 | 1,112,000 | 7,809,000 | 1,323,000 | 0 | 0 | 0 | 0 | 0 | 0 | -52,000 | 23,000 | 29,000 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | -25,000 | -23,000 | 48,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 22,471,000 | 2,706,000 | 0 | 0 | 0 | 0 | 0 | -2,634,000 | -287,000 | 931,000 | -1,243,000 | -233,000 | -2,927,000 | 4,840,000 | 1,553,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -81,000 | 81,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | -5,250,000 | 5,214,000 | 36,000 | -4,126,000 | 4,126,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -262,000 | -98,000 | 2,145,000 | 158,000 | -2,626,000 | 3,029,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | -100,000 | -106,000 | -74,000 | -24,000 | -24,000 | -120,000 | -83,000 | -3,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 22,167,000 | -2,097,000 | 7,899,000 | 398,000 | -13,039,000 | 7,090,000 | 7,783,000 | 3,779,000 | 415,000 | 175,000 | -1,245,000 | -233,000 | -2,927,000 | 4,840,000 | 10,943,000 |
| cash and cash equivalents | |||||||||||||||
| cash | 167,000 | 500,000 | -743,000 | 171,000 | -3,309,000 | -1,626,000 | 584,000 | 5,574,000 | 55,000 | 11,000 | 0 | -189,000 | -838,000 | 691,000 | 336,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 25,000 | -25,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 167,000 | 500,000 | -743,000 | 171,000 | -3,309,000 | -1,651,000 | 609,000 | 5,574,000 | 55,000 | 11,000 | 0 | -189,000 | -838,000 | 691,000 | 336,000 |
aptitude software limited Credit Report and Business Information
Aptitude Software Limited Competitor Analysis
Perform a competitor analysis for aptitude software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in EC2V area or any other competitors across 12 key performance metrics.
aptitude software limited Ownership
APTITUDE SOFTWARE LIMITED group structure
Aptitude Software Limited has no subsidiary companies.
Ultimate parent company
1 parent
APTITUDE SOFTWARE LIMITED
03475849
aptitude software limited directors
Aptitude Software Limited currently has 2 directors. The longest serving directors include Mr Michael Johns (May 2023) and Ms Alexandra Curran (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael Johns | England | 36 years | May 2023 | - | Director |
| Ms Alexandra Curran | England | 42 years | Jul 2023 | - | Director |
P&L
December 2023turnover
37.1m
0%
operating profit
6m
+16%
gross margin
46.9%
+1.13%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
18.4m
-0.28%
total assets
70.2m
+0.32%
cash
1.4m
+0.14%
net assets
Total assets minus all liabilities
Similar Companies
aptitude software limited company details
company number
03475849
Type
Private limited with Share Capital
industry
62020 - Computer consultancy activities
incorporation date
December 1997
age
27
accounts
Full Accounts
ultimate parent company
previous names
microgen aptitude limited (February 2014)
microgen-ost limited (October 2008)
See moreincorporated
UK
address
8th floor, 138 cheapside, london, EC2V 6BJ
last accounts submitted
December 2023
aptitude 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 9 charges/mortgages relating to aptitude software limited. Currently there are 2 open charges and 7 have been satisfied in the past.
aptitude software limited Companies House Filings - See Documents
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