advanced chorus application software limited
advanced chorus application software limited Company Information
Company Number
03838526
Website
http://chorussw.comRegistered Address
the mailbox level 3, 101 wharfside street, birmingham, B1 1RF
Industry
Non-trading company
Telephone
08451606162
Next Accounts Due
November 2024
Group Structure
View All
Shareholders
computer software holdings ltd 100%
advanced chorus application software limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CHORUS APPLICATION SOFTWARE LIMITED at £1 based on a Turnover of £5 and 0.36x industry multiple (adjusted for size and gross margin).
advanced chorus application software limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CHORUS APPLICATION SOFTWARE LIMITED at £0 based on an EBITDA of £0 and a 3.11x industry multiple (adjusted for size and gross margin).
advanced chorus application software limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED CHORUS APPLICATION SOFTWARE LIMITED at £2 based on Net Assets of £1 and 2.08x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Advanced Chorus Application Software Limited Overview
Advanced Chorus Application Software Limited is a live company located in birmingham, B1 1RF with a Companies House number of 03838526. It operates in the non-trading company sector, SIC Code 74990. Founded in September 1999, it's largest shareholder is computer software holdings ltd with a 100% stake. Advanced Chorus Application Software Limited is a mature, micro sized company, Pomanda has estimated its turnover at £5.1 with low growth in recent years.
Upgrade for unlimited company reports & a free credit check
Advanced Chorus Application Software Limited Health Check
Pomanda's financial health check has awarded Advanced Chorus Application Software Limited a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
1 Regular
6 Weak
Size
annual sales of £5.1, make it smaller than the average company (£3.6m)
- Advanced Chorus Application Software Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 1%, show it is growing at a slower rate (4.1%)
- Advanced Chorus Application Software Limited
4.1% - Industry AVG
Production
with a gross margin of 18.9%, this company has a higher cost of product (35.6%)
- Advanced Chorus Application Software Limited
35.6% - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Advanced Chorus Application Software Limited
- - Industry AVG
Employees
with 1 employees, this is below the industry average (42)
- Advanced Chorus Application Software Limited
42 - Industry AVG
Pay Structure
on an average salary of £39.3k, the company has an equivalent pay structure (£39.3k)
- Advanced Chorus Application Software Limited
£39.3k - Industry AVG
Efficiency
resulting in sales per employee of £5.1, this is less efficient (£142k)
- Advanced Chorus Application Software Limited
£142k - Industry AVG
Debtor Days
it gets paid by customers after 71 days, this is later than average (43 days)
- Advanced Chorus Application Software Limited
43 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Advanced Chorus Application Software Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Advanced Chorus Application Software Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Advanced Chorus Application Software Limited
- - Industry AVG
Debt Level
There is insufficient data available for this Key Performance Indicator!
- - Advanced Chorus Application Software Limited
- - Industry AVG
ADVANCED CHORUS APPLICATION SOFTWARE LIMITED financials
Advanced Chorus Application Software Limited's latest turnover from February 2023 is estimated at £5 and the company has net assets of £1. According to their latest financial statements, we estimate that Advanced Chorus Application Software Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 3,550,643 | 4,504,063 | ||||||||||||
| Other Income Or Grants | 0 | 0 | ||||||||||||
| Cost Of Sales | 424,125 | 514,896 | ||||||||||||
| Gross Profit | 3,126,518 | 3,989,167 | ||||||||||||
| Admin Expenses | 2,597,574 | 3,321,911 | ||||||||||||
| Operating Profit | 528,944 | 667,256 | ||||||||||||
| Interest Payable | 698,228 | 506,069 | ||||||||||||
| Interest Receivable | 105,053 | 0 | ||||||||||||
| Pre-Tax Profit | -64,231 | 161,187 | ||||||||||||
| Tax | 13,110 | 0 | ||||||||||||
| Profit After Tax | -51,121 | 161,187 | ||||||||||||
| Dividends Paid | 0 | 0 | ||||||||||||
| Retained Profit | -51,121 | 161,187 | ||||||||||||
| Employee Costs | 1,552,159 | 1,875,598 | ||||||||||||
| Number Of Employees | 37 | 45 | ||||||||||||
| EBITDA* | 1,095,828 | 1,366,627 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 316,073 | 346,563 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,618,244 | 12,151,194 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11,934,317 | 12,497,757 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 771,218 | 917,606 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 78,293 | 90,486 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 20,306 | 200 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 869,817 | 1,008,292 | 0 | 0 |
| total assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 12,804,134 | 13,506,049 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 61,139 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,222 | 45,175 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 198,476 | 190,740 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 214,698 | 297,054 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,290,413 | 11,067,044 | 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 | 1,827,604 | 1,590,320 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27,315 | 56,406 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,145,332 | 12,713,770 | 0 | 0 |
| total liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,360,030 | 13,010,824 | 0 | 0 |
| net assets | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 444,104 | 495,225 | 0 | 0 |
| total shareholders funds | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 444,104 | 495,225 | 0 | 0 |
| Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 528,944 | 667,256 | ||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 33,934 | 59,837 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 532,950 | 639,534 | |||||||
| Tax | 13,110 | 0 | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | -849,511 | -158,581 | 1,008,092 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -16,222 | -28,953 | 45,175 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,026,080 | 245,020 | 1,781,060 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -27,315 | -29,091 | 56,406 | 0 | 0 |
| Cash flow from operations | 1,454,495 | 2,241,176 | ||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 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 | 0 | 0 | 0 | 0 | -10,290,413 | -776,631 | 11,067,044 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -593,175 | -506,069 | ||||||||||||
| cash flow from financing | -1,369,806 | 10,895,013 | ||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,306 | 20,106 | 200 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -61,139 | 61,139 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20,306 | 81,245 | -60,939 | 0 | 0 |
advanced chorus application software limited Credit Report and Business Information
Advanced Chorus Application Software Limited Competitor Analysis
Perform a competitor analysis for advanced chorus application software limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
advanced chorus application software limited Ownership
ADVANCED CHORUS APPLICATION SOFTWARE LIMITED group structure
Advanced Chorus Application Software Limited has no subsidiary companies.
Ultimate parent company
ASTON MIDCO LTD
#0138454
2 parents
ADVANCED CHORUS APPLICATION SOFTWARE LIMITED
03838526
advanced chorus application software limited directors
Advanced Chorus Application Software Limited currently has 3 directors. The longest serving directors include Mr Martin Leuw (Jul 2007) and Mr Stephen Dews (Jun 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Martin Leuw | United Kingdom | 62 years | Jul 2007 | - | Director |
| Mr Stephen Dews | United Kingdom | 48 years | Jun 2023 | - | Director |
| Mr Simon Walsh | England | 52 years | Jun 2023 | - | Director |
P&L
February 2023turnover
5.1
+4%
operating profit
0
0%
gross margin
18.9%
+18.48%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
1
0%
total assets
1
0%
cash
0
0%
net assets
Total assets minus all liabilities
advanced chorus application software limited company details
company number
03838526
Type
Private limited with Share Capital
industry
74990 - Non-trading company
incorporation date
September 1999
age
25
accounts
Micro-Entity Accounts
ultimate parent company
previous names
iris chorus application software limited (April 2013)
chorus application software limited (March 2011)
incorporated
UK
address
the mailbox level 3, 101 wharfside street, birmingham, B1 1RF
last accounts submitted
February 2023
advanced chorus application 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 11 charges/mortgages relating to advanced chorus application software limited. Currently there are 0 open charges and 11 have been satisfied in the past.
advanced chorus application software limited Companies House Filings - See Documents
| date | description | view/download |
|---|
