Pomanda estimates the enterprise value of SOFTWERX LTD at £4.3m based on a Turnover of £5.5m and 0.78x industry multiple (adjusted for size and gross margin).
softwerx ltdEstimated Valuation
£382.6k
Pomanda estimates the enterprise value of SOFTWERX LTD at £382.6k based on an EBITDA of £73.3k and a 5.22x industry multiple (adjusted for size and gross margin).
softwerx ltdEstimated Valuation
£1.3m
Pomanda estimates the enterprise value of SOFTWERX LTD at £1.3m based on Net Assets of £613.6k and 2.2x industry multiple (adjusted for liquidity).
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Softwerx LtdOverview
Softwerx Ltd is a live company located in essex, SS6 7XJ with a Companies House number of 03842427. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in September 1999, it's largest shareholder is
clearsprings (management) ltd
with a 100% stake. Softwerx Ltd is a mature,
mid sized company, Pomanda has estimated its turnover at
£5.5m with
high
growth in recent years.
Pomanda's financial health check has awarded Softwerx Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
5 Strong
4 Regular
2 Weak
Size
annual sales of £5.5m, make it larger than the average company (£3.5m)
£5.5m - Softwerx Ltd
£3.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (9.1%)
16% - Softwerx Ltd
9.1% - Industry AVG
Production
with a gross margin of 46.7%, this company has a comparable cost of product (46.7%)
46.7% - Softwerx Ltd
46.7% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (5.6%)
1.1% - Softwerx Ltd
5.6% - Industry AVG
Employees
with 36 employees, this is above the industry average (21)
36 - Softwerx Ltd
21 - Industry AVG
Pay Structure
on an average salary of £61k, the company has an equivalent pay structure (£61k)
£61k - Softwerx Ltd
£61k - Industry AVG
Efficiency
resulting in sales per employee of £152.4k, this is equally as efficient (£152.3k)
£152.4k - Softwerx Ltd
£152.3k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is near the average (52 days)
62 days - Softwerx Ltd
52 days - Industry AVG
Creditor Days
its suppliers are paid after 52 days, this is slower than average (34 days)
52 days - Softwerx Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Softwerx Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 41 weeks, this is more cash available to meet short term requirements (18 weeks)
41 weeks - Softwerx Ltd
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 73.6%, this is a higher level of debt than the average (59.1%)
73.6% - Softwerx Ltd
59.1% - Industry AVG
SOFTWERX LTD financials
EXPORT
Softwerx Ltd's latest turnover from January 2024 is estimated at £5.5 million and the company has net assets of £613.6 thousand. According to their latest financial statements, Softwerx Ltd has 36 employees and maintains cash reserves of £1.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Turnover
5,485,895
3,930,431
4,210,796
3,497,306
3,805,503
4,199,708
3,496,388
3,038,754
2,378,975
1,855,962
1,720,637
1,700,686
2,007,406
2,554,383
2,186,244
Other Income Or Grants
Cost Of Sales
2,923,694
1,984,449
3,137,590
2,737,801
2,940,996
3,140,173
2,495,355
2,203,307
1,652,543
1,210,173
1,054,005
1,070,799
1,262,440
922,137
750,786
Gross Profit
2,562,202
1,945,982
1,073,206
759,505
864,507
1,059,535
1,001,033
835,447
726,432
645,789
666,632
629,887
744,966
1,632,246
1,435,458
Admin Expenses
2,504,670
1,711,310
778,771
560,024
822,093
748,126
711,557
557,122
484,399
568,619
509,124
761,042
856,837
1,594,308
1,421,626
Operating Profit
57,532
234,672
294,435
199,481
42,414
311,409
289,476
278,325
242,033
77,170
157,508
-131,155
-111,871
37,938
13,832
Interest Payable
6
95
701
Interest Receivable
58,956
21,459
31,265
45,212
49,123
44,806
28,836
18,912
8,249
7,194
287
5
Pre-Tax Profit
116,488
256,131
325,700
244,693
91,537
356,215
318,312
297,237
250,282
84,364
157,508
-295,081
-111,877
38,130
13,136
Tax
-29,122
-48,665
-3,300
-38,922
-3,663
-741
-63,007
102
-2,798
-7,630
4,414
16,335
-21,558
-2,363
Profit After Tax
87,366
207,466
322,400
205,771
87,874
355,474
255,305
297,237
250,384
81,566
149,878
-290,667
-95,542
16,572
10,773
Dividends Paid
Retained Profit
87,366
207,466
322,400
205,771
87,874
355,474
255,305
297,237
250,384
81,566
149,878
-290,667
-95,542
16,572
10,773
Employee Costs
2,194,744
1,788,525
1,288,418
1,159,092
1,060,774
1,344,199
1,349,150
1,115,785
898,007
731,253
685,900
609,479
751,174
1,051,281
977,581
Number Of Employees
36
30
23
22
21
25
26
21
17
14
14
13
16
23
22
EBITDA*
73,276
242,933
296,510
205,512
50,049
319,443
294,921
284,011
246,815
80,193
164,829
-103,815
-80,821
68,666
30,257
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Tangible Assets
35,986
26,885
13,998
937
6,968
14,603
14,336
5,743
7,580
11,826
2,391
8,246
35,810
60,575
25,689
Intangible Assets
Investments & Other
30,349
30,349
30,349
Debtors (Due After 1 year)
Total Fixed Assets
35,986
26,885
13,998
937
6,968
14,603
14,336
5,743
7,580
11,826
2,391
8,246
66,159
90,924
56,038
Stock & work in progress
Trade Debtors
936,877
711,570
410,769
394,668
716,019
586,550
442,813
497,024
371,116
454,315
276,110
294,687
368,118
273,548
153,933
Group Debtors
1,625,671
1,409,422
1,308,037
1,180,910
682,233
477,391
132,359
229,070
64,737
224,151
289,630
Misc Debtors
14,156
11,752
47,289
9,559
48,496
36,392
48,311
47,772
57,063
33,405
91,289
55,127
26,935
Cash
1,347,611
898,346
327,858
207,953
136,746
153,642
70,361
46,684
7,162
9,155
3,198
107,211
81,436
204,490
87,430
misc current assets
total current assets
2,284,488
1,609,916
752,783
2,240,044
2,309,476
2,057,788
1,742,580
1,262,333
903,980
643,601
565,441
435,303
605,580
757,316
557,928
total assets
2,320,474
1,636,801
766,781
2,240,981
2,316,444
2,072,391
1,756,916
1,268,076
911,560
655,427
567,832
443,549
671,739
848,240
613,966
Bank overdraft
Bank loan
Trade Creditors
419,756
355,588
185,721
193,684
459,103
303,434
230,063
107,338
195,532
80,189
116,432
84,597
88,755
78,943
52,222
Group/Directors Accounts
858,124
360,081
183,573
other short term finances
hp & lease commitments
624
other current liabilities
429,027
394,931
260,525
295,763
306,512
305,637
417,200
307,036
163,537
271,818
233,477
107,334
224,272
307,281
122,975
total current liabilities
1,706,907
1,110,600
446,246
489,447
765,615
609,071
647,263
414,374
359,069
352,007
349,909
375,504
313,027
386,224
175,821
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
1,800
5,066
5,431
7,238
6,592
2,618
3,931
7,762
463
total long term liabilities
1,800
5,066
5,431
7,238
6,592
2,618
3,931
7,762
463
total liabilities
1,706,907
1,110,600
448,046
489,447
770,681
614,502
654,501
420,966
361,687
355,938
349,909
375,504
313,027
393,986
176,284
net assets
613,567
526,201
318,735
1,751,534
1,545,763
1,457,889
1,102,415
847,110
549,873
299,489
217,923
68,045
358,712
454,254
437,682
total shareholders funds
613,567
526,201
318,735
1,751,534
1,545,763
1,457,889
1,102,415
847,110
549,873
299,489
217,923
68,045
358,712
454,254
437,682
Jan 2024
Jan 2023
Jan 2022
Jan 2021
Jan 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Jan 2013
Jan 2012
Jan 2011
Jan 2010
Operating Activities
Operating Profit
57,532
234,672
294,435
199,481
42,414
311,409
289,476
278,325
242,033
77,170
157,508
-131,155
-111,871
37,938
13,832
Depreciation
15,744
8,261
2,075
6,031
7,635
8,034
5,445
5,686
4,782
3,023
7,321
27,340
31,050
30,728
16,425
Amortisation
Tax
-29,122
-48,665
-3,300
-38,922
-3,663
-741
-63,007
102
-2,798
-7,630
4,414
16,335
-21,558
-2,363
Stock
Debtors
225,307
286,645
-1,607,166
-140,639
268,584
231,927
456,570
318,831
262,372
72,203
234,151
-196,052
-28,682
82,328
470,498
Creditors
64,168
169,867
-7,963
-265,419
155,669
73,371
122,725
-88,194
115,343
-36,243
31,835
-4,158
9,812
26,721
52,222
Accruals and Deferred Income
34,096
134,406
-35,238
-10,749
875
-111,563
110,164
143,499
-108,281
38,341
126,143
-116,938
-83,009
184,306
122,975
Deferred Taxes & Provisions
-1,800
1,800
-5,066
-365
-1,807
646
3,974
-1,313
3,931
-7,762
7,299
463
Cash flow from operations
-82,889
210,096
1,858,975
25,995
-66,019
46,776
8,879
24,459
-9,706
11,221
81,026
-24,445
-116,763
183,106
-266,944
Investing Activities
capital expenditure
-24,845
-21,148
-15,136
-8,301
-14,038
-3,849
-536
-12,458
-1,466
224
-6,285
-65,614
-42,114
Change in Investments
-30,349
30,349
cash flow from investments
-24,845
-21,148
-15,136
-8,301
-14,038
-3,849
-536
-12,458
-1,466
30,573
-6,285
-65,614
-72,463
Financing Activities
Bank loans
Group/Directors Accounts
498,043
360,081
-183,573
183,573
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-624
624
other long term liabilities
share issue
-1,755,199
426,909
interest
58,956
21,459
31,265
45,212
49,123
44,806
28,836
18,912
8,249
7,194
-6
192
-696
cash flow from financing
556,999
381,540
-1,723,934
45,212
49,123
44,806
28,836
18,912
8,249
7,194
-183,573
183,573
-6
-432
426,837
cash and cash equivalents
cash
449,265
570,488
119,905
71,207
-16,896
83,281
23,677
39,522
-1,993
5,957
-104,013
25,775
-123,054
117,060
87,430
overdraft
change in cash
449,265
570,488
119,905
71,207
-16,896
83,281
23,677
39,522
-1,993
5,957
-104,013
25,775
-123,054
117,060
87,430
softwerx ltd 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 softwerx ltd. Get real-time insights into softwerx ltd's credit score, group structure and payment trends.
Perform a competitor analysis for softwerx ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in SS6 area or any other competitors across 12 key performance metrics.
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 2 charges/mortgages relating to softwerx ltd. Currently there are 0 open charges and 2 have been satisfied in the past.
softwerx ltd 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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softwerx ltdCompanies House Filings - See Documents
