pimberly software development limited
pimberly software development limited Company Information
Company Number
03763400
Next Accounts
Mar 2026
Shareholders
pimberly limited
Group Structure
View All
Industry
Business and domestic software development
Registered Address
ninth floor, st james tower, 7 charlotte street, manchester, M1 4DZ
Website
www.matrixsoftware.co.ukpimberly software development limited Estimated Valuation
Pomanda estimates the enterprise value of PIMBERLY SOFTWARE DEVELOPMENT LIMITED at £2.8m based on a Turnover of £3.9m and 0.74x industry multiple (adjusted for size and gross margin).
pimberly software development limited Estimated Valuation
Pomanda estimates the enterprise value of PIMBERLY SOFTWARE DEVELOPMENT LIMITED at £0 based on an EBITDA of £-2m and a 4.51x industry multiple (adjusted for size and gross margin).
pimberly software development limited Estimated Valuation
Pomanda estimates the enterprise value of PIMBERLY SOFTWARE DEVELOPMENT LIMITED at £0 based on Net Assets of £-7.5m and 2.38x industry multiple (adjusted for liquidity).
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Pimberly Software Development Limited Overview
Pimberly Software Development Limited is a live company located in manchester, M1 4DZ with a Companies House number of 03763400. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 1999, it's largest shareholder is pimberly limited with a 100% stake. Pimberly Software Development Limited is a mature, small sized company, Pomanda has estimated its turnover at £3.9m with high growth in recent years.
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Pimberly Software Development Limited Health Check
Pomanda's financial health check has awarded Pimberly Software Development Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £3.9m, make it in line with the average company (£4.5m)
£3.9m - Pimberly Software Development Limited
£4.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 22%, show it is growing at a faster rate (11.7%)
22% - Pimberly Software Development Limited
11.7% - Industry AVG
Production
with a gross margin of 42.6%, this company has a higher cost of product (72.5%)
42.6% - Pimberly Software Development Limited
72.5% - Industry AVG
Profitability
an operating margin of -52.6% make it less profitable than the average company (3.9%)
-52.6% - Pimberly Software Development Limited
3.9% - Industry AVG
Employees
with 68 employees, this is above the industry average (38)
68 - Pimberly Software Development Limited
38 - Industry AVG
Pay Structure
on an average salary of £69.3k, the company has an equivalent pay structure (£69.3k)
- Pimberly Software Development Limited
£69.3k - Industry AVG
Efficiency
resulting in sales per employee of £56.6k, this is less efficient (£124.9k)
£56.6k - Pimberly Software Development Limited
£124.9k - Industry AVG
Debtor Days
it gets paid by customers after 91 days, this is later than average (58 days)
91 days - Pimberly Software Development Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 55 days, this is slower than average (39 days)
55 days - Pimberly Software Development Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Pimberly Software Development Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (17 weeks)
0 weeks - Pimberly Software Development Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 254.6%, this is a higher level of debt than the average (59.2%)
254.6% - Pimberly Software Development Limited
59.2% - Industry AVG
PIMBERLY SOFTWARE DEVELOPMENT LIMITED financials
Pimberly Software Development Limited's latest turnover from June 2024 is £3.9 million and the company has net assets of -£7.5 million. According to their latest financial statements, Pimberly Software Development Limited has 68 employees and maintains cash reserves of £67 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | May 2018 | May 2017 | May 2016 | May 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,852,000 | 3,639,000 | 2,815,000 | 2,140,000 | 1,625,000 | 1,076,000 | 420,000 | 680,000 | |||||||||
| Other Income Or Grants | |||||||||||||||||
| Cost Of Sales | 2,213,000 | 2,052,000 | 1,368,000 | 1,119,000 | 1,065,000 | 789,000 | 223,000 | 251,000 | |||||||||
| Gross Profit | 1,639,000 | 1,587,000 | 1,447,000 | 1,021,000 | 560,000 | 287,000 | 197,000 | 429,000 | |||||||||
| Admin Expenses | 3,664,000 | 3,995,000 | 3,417,000 | 2,370,000 | 1,919,000 | 1,527,000 | 139,000 | 87,000 | |||||||||
| Operating Profit | -2,025,000 | -2,408,000 | -1,970,000 | -1,349,000 | -1,359,000 | -1,240,000 | 58,000 | 342,000 | |||||||||
| Interest Payable | 2,000 | ||||||||||||||||
| Interest Receivable | 93,000 | 46,000 | 11,000 | 6,000 | 8,000 | 4,000 | |||||||||||
| Pre-Tax Profit | -1,932,000 | -2,362,000 | -1,959,000 | -1,345,000 | -1,351,000 | -1,237,000 | 58,000 | 346,000 | |||||||||
| Tax | 364,000 | 594,000 | 593,000 | 376,000 | 504,000 | 390,000 | -12,000 | -60,000 | |||||||||
| Profit After Tax | -1,568,000 | -1,768,000 | -1,366,000 | -969,000 | -847,000 | -847,000 | 46,000 | 286,000 | |||||||||
| Dividends Paid | 33,000 | 94,000 | |||||||||||||||
| Retained Profit | -1,568,000 | -1,768,000 | -1,366,000 | -969,000 | -847,000 | -847,000 | 13,000 | 192,000 | |||||||||
| Employee Costs | 257,000 | 206,000 | |||||||||||||||
| Number Of Employees | 68 | 73 | 58 | 48 | 43 | 32 | 23 | 18 | 11 | 8 | 8 | 6 | |||||
| EBITDA* | -1,963,000 | -2,357,000 | -1,935,000 | -1,310,000 | -1,295,000 | -1,174,000 | 71,000 | 360,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | May 2018 | May 2017 | May 2016 | May 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 19,000 | 66,000 | 83,000 | 22,000 | 43,000 | 76,000 | 108,000 | 108,000 | 204,000 | 119,000 | 127,000 | 137,000 | 197,230 | 205,254 | 205,841 | 183,811 | |
| Intangible Assets | 59,667 | 59,667 | 59,667 | 59,667 | 59,667 | ||||||||||||
| Investments & Other | 108,000 | 107,000 | 107,000 | 50,771 | 48,456 | 48,456 | |||||||||||
| Debtors (Due After 1 year) | 1,028,000 | 868,000 | |||||||||||||||
| Total Fixed Assets | 1,047,000 | 934,000 | 83,000 | 22,000 | 43,000 | 184,000 | 215,000 | 215,000 | 204,000 | 119,000 | 127,000 | 137,000 | 256,897 | 264,921 | 316,279 | 291,934 | 108,123 |
| Stock & work in progress | |||||||||||||||||
| Trade Debtors | 967,000 | 1,231,000 | 1,076,000 | 860,000 | 415,000 | 523,000 | 352,000 | 349,000 | 72,000 | 123,000 | 209,000 | 255,000 | 184,819 | 278,187 | 85,123 | 60,560 | 148,228 |
| Group Debtors | 2,180,000 | 950,000 | 321,000 | 41,000 | 18,000 | 4,000 | 277,000 | 569,000 | 471,000 | ||||||||
| Misc Debtors | 562,000 | 697,000 | 1,377,000 | 895,000 | 777,000 | 639,000 | 278,000 | 219,000 | 24,000 | 6,000 | 5,000 | 1,000 | |||||
| Cash | 67,000 | 159,000 | 112,000 | 41,000 | 88,000 | 100,000 | 1,913,000 | 900,000 | 50,000 | 14,000 | 60,000 | 530,000 | 366,427 | 282,040 | 182,348 | 139,968 | 110,556 |
| misc current assets | |||||||||||||||||
| total current assets | 3,776,000 | 3,037,000 | 2,886,000 | 1,837,000 | 1,298,000 | 1,266,000 | 2,543,000 | 1,468,000 | 423,000 | 712,000 | 745,000 | 786,000 | 551,246 | 560,227 | 267,471 | 200,528 | 258,784 |
| total assets | 4,823,000 | 3,971,000 | 2,969,000 | 1,859,000 | 1,341,000 | 1,450,000 | 2,758,000 | 1,683,000 | 627,000 | 831,000 | 872,000 | 923,000 | 808,143 | 825,148 | 583,750 | 492,462 | 366,907 |
| Bank overdraft | 1,000 | ||||||||||||||||
| Bank loan | |||||||||||||||||
| Trade Creditors | 337,000 | 160,000 | 148,000 | 96,000 | 105,000 | 84,000 | 134,000 | 59,000 | 15,000 | 3,000 | 1,000 | 4,000 | 116,806 | 225,129 | 128,833 | 163,752 | 170,320 |
| Group/Directors Accounts | 8,923,000 | 7,000,000 | 4,629,000 | 2,738,000 | 1,763,000 | 1,380,000 | 2,197,000 | 1,063,000 | |||||||||
| other short term finances | |||||||||||||||||
| hp & lease commitments | |||||||||||||||||
| other current liabilities | 3,018,000 | 2,698,000 | 2,330,000 | 1,797,000 | 1,276,000 | 942,000 | 526,000 | 552,000 | 312,000 | 153,000 | 191,000 | 242,000 | |||||
| total current liabilities | 12,278,000 | 9,858,000 | 7,107,000 | 4,631,000 | 3,144,000 | 2,406,000 | 2,857,000 | 1,674,000 | 327,000 | 156,000 | 193,000 | 246,000 | 116,806 | 225,129 | 128,833 | 163,752 | 170,320 |
| loans | 79,769 | 95,764 | |||||||||||||||
| hp & lease commitments | |||||||||||||||||
| Accruals and Deferred Income | |||||||||||||||||
| other liabilities | |||||||||||||||||
| provisions | |||||||||||||||||
| total long term liabilities | 79,769 | 95,764 | |||||||||||||||
| total liabilities | 12,278,000 | 9,858,000 | 7,107,000 | 4,631,000 | 3,144,000 | 2,406,000 | 2,857,000 | 1,674,000 | 327,000 | 156,000 | 193,000 | 246,000 | 116,806 | 225,129 | 208,602 | 259,516 | 170,320 |
| net assets | -7,455,000 | -5,887,000 | -4,138,000 | -2,772,000 | -1,803,000 | -956,000 | -99,000 | 9,000 | 300,000 | 675,000 | 679,000 | 677,000 | 691,337 | 600,019 | 375,148 | 232,946 | 196,587 |
| total shareholders funds | -7,455,000 | -5,887,000 | -4,138,000 | -2,772,000 | -1,803,000 | -956,000 | -99,000 | 9,000 | 300,000 | 675,000 | 679,000 | 677,000 | 691,337 | 600,019 | 375,148 | 232,946 | 196,587 |
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | May 2018 | May 2017 | May 2016 | May 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||
| Operating Profit | -2,025,000 | -2,408,000 | -1,970,000 | -1,349,000 | -1,359,000 | -1,240,000 | 58,000 | 342,000 | |||||||||
| Depreciation | 62,000 | 51,000 | 35,000 | 39,000 | 64,000 | 66,000 | 6,000 | 61,000 | 14,000 | 9,000 | 13,000 | 18,000 | 13,588 | 14,677 | 9,480 | 1,990 | 32,166 |
| Amortisation | |||||||||||||||||
| Tax | 364,000 | 594,000 | 593,000 | 376,000 | 504,000 | 390,000 | -12,000 | -60,000 | |||||||||
| Stock | |||||||||||||||||
| Debtors | 991,000 | 972,000 | 978,000 | 586,000 | 44,000 | 536,000 | 257,000 | 195,000 | -325,000 | 13,000 | 429,000 | 71,181 | -93,368 | 193,064 | 24,563 | -87,668 | 148,228 |
| Creditors | 177,000 | 12,000 | 52,000 | -9,000 | 21,000 | -50,000 | 119,000 | 44,000 | 12,000 | 2,000 | -3,000 | -112,806 | -108,323 | 96,296 | -34,919 | -6,568 | 170,320 |
| Accruals and Deferred Income | 320,000 | 368,000 | 533,000 | 521,000 | 334,000 | 416,000 | 214,000 | 240,000 | 159,000 | -38,000 | -51,000 | 242,000 | |||||
| Deferred Taxes & Provisions | |||||||||||||||||
| Cash flow from operations | -2,093,000 | -2,355,000 | -1,735,000 | -1,008,000 | -480,000 | -954,000 | -424,000 | 358,013 | |||||||||
| Investing Activities | |||||||||||||||||
| capital expenditure | |||||||||||||||||
| Change in Investments | -108,000 | 1,000 | 107,000 | 107,000 | -50,771 | 2,315 | 48,456 | ||||||||||
| cash flow from investments | |||||||||||||||||
| Financing Activities | |||||||||||||||||
| Bank loans | |||||||||||||||||
| Group/Directors Accounts | 1,923,000 | 2,371,000 | 1,891,000 | 975,000 | 383,000 | -817,000 | 2,197,000 | 1,063,000 | |||||||||
| Other Short Term Loans | |||||||||||||||||
| Long term loans | -79,769 | -15,995 | 95,764 | ||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||||
| other long term liabilities | |||||||||||||||||
| share issue | |||||||||||||||||
| interest | 93,000 | 46,000 | 11,000 | 4,000 | 8,000 | 4,000 | |||||||||||
| cash flow from financing | 2,016,000 | 2,436,000 | 1,902,000 | 979,000 | 391,000 | -827,000 | -11,000 | -202,337 | |||||||||
| cash and cash equivalents | |||||||||||||||||
| cash | -92,000 | 47,000 | 71,000 | -47,000 | -12,000 | -1,813,000 | 1,863,000 | 850,000 | 36,000 | -46,000 | -470,000 | 163,573 | 84,387 | 99,692 | 42,380 | 29,412 | 110,556 |
| overdraft | -1,000 | 1,000 | |||||||||||||||
| change in cash | -92,000 | 47,000 | 71,000 | -47,000 | -12,000 | -1,813,000 | 1,863,000 | 850,000 | 36,000 | -45,000 | -471,000 | 163,573 | 84,387 | 99,692 | 42,380 | 29,412 | 110,556 |
pimberly software development limited Credit Report and Business Information
Pimberly Software Development Limited Competitor Analysis
Perform a competitor analysis for pimberly software development limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in M 1 area or any other competitors across 12 key performance metrics.
pimberly software development limited Ownership
PIMBERLY SOFTWARE DEVELOPMENT LIMITED group structure
Pimberly Software Development Limited has no subsidiary companies.
Ultimate parent company
NPIF YHTV EQUITY LP
#0164862
2 parents
PIMBERLY SOFTWARE DEVELOPMENT LIMITED
03763400
pimberly software development limited directors
Pimberly Software Development Limited currently has 2 directors. The longest serving directors include Mr Martin Balaam (Mar 2020) and Mr Paul Cook (Oct 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Balaam | 56 years | Mar 2020 | - | Director | |
| Mr Paul Cook | England | 44 years | Oct 2020 | - | Director |
P&L
June 2024turnover
3.9m
+6%
operating profit
-2m
-16%
gross margin
42.6%
-2.43%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2024net assets
-7.5m
+0.27%
total assets
4.8m
+0.21%
cash
67k
-0.58%
net assets
Total assets minus all liabilities
pimberly software development limited company details
company number
03763400
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 1999
age
26
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2024
previous names
matrix software development limited (February 2021)
accountant
-
auditor
SAGARS ACCOUNTANTS LTD
address
ninth floor, st james tower, 7 charlotte street, manchester, M1 4DZ
Bank
-
Legal Advisor
-
pimberly software development 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 pimberly software development limited.
pimberly software development 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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pimberly software development limited Companies House Filings - See Documents
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