merus software limited
merus software limited Company Information
Company Number
04205638
Website
www.merus.co.ukRegistered Address
unit 2 bath road, woodchester, stroud, gloucestershire, GL5 5EX
Industry
Business and domestic software development
Telephone
441453708600
Next Accounts Due
December 2025
Group Structure
View All
Shareholders
christian dannemann 50%
natalya scott 50%
merus software limited Estimated Valuation
Pomanda estimates the enterprise value of MERUS SOFTWARE LIMITED at £1.1m based on a Turnover of £1.7m and 0.64x industry multiple (adjusted for size and gross margin).
merus software limited Estimated Valuation
Pomanda estimates the enterprise value of MERUS SOFTWARE LIMITED at £481.2k based on an EBITDA of £112.7k and a 4.27x industry multiple (adjusted for size and gross margin).
merus software limited Estimated Valuation
Pomanda estimates the enterprise value of MERUS SOFTWARE LIMITED at £1.2m based on Net Assets of £529.3k and 2.31x industry multiple (adjusted for liquidity).
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Merus Software Limited Overview
Merus Software Limited is a live company located in stroud, GL5 5EX with a Companies House number of 04205638. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2001, it's largest shareholder is christian dannemann with a 50% stake. Merus Software Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Merus Software Limited Health Check
Pomanda's financial health check has awarded Merus Software Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£3.6m)
- Merus Software Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 19%, show it is growing at a faster rate (10.2%)
- Merus Software Limited
10.2% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.7%)
- Merus Software Limited
73.7% - Industry AVG
Profitability
an operating margin of 6.6% make it more profitable than the average company (4.1%)
- Merus Software Limited
4.1% - Industry AVG
Employees
with 7 employees, this is below the industry average (31)
7 - Merus Software Limited
31 - Industry AVG
Pay Structure
on an average salary of £68.5k, the company has an equivalent pay structure (£68.5k)
- Merus Software Limited
£68.5k - Industry AVG
Efficiency
resulting in sales per employee of £244.2k, this is more efficient (£117.5k)
- Merus Software Limited
£117.5k - Industry AVG
Debtor Days
it gets paid by customers after 169 days, this is later than average (58 days)
- Merus Software Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 107 days, this is slower than average (39 days)
- Merus Software Limited
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Merus Software Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Merus Software Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.4%, this is a lower level of debt than the average (58.8%)
35.4% - Merus Software Limited
58.8% - Industry AVG
MERUS SOFTWARE LIMITED financials
Merus Software Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £529.3 thousand. According to their latest financial statements, Merus Software Limited has 7 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 7 | 6 | 6 | 6 | 7 | 8 | 9 | 8 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,123 | 36,743 | 48,517 | 52,535 | 66,728 | 80,062 | 73,982 | 86,617 | 18,873 | 8,774 | 760 | 3,893 | 6,414 | 2,077 | 3,574 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 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 | 0 |
| Total Fixed Assets | 25,123 | 36,743 | 48,517 | 52,535 | 66,728 | 80,062 | 73,982 | 86,617 | 18,873 | 8,774 | 760 | 3,893 | 6,414 | 2,077 | 3,574 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 794,056 | 511,690 | 710,942 | 517,534 | 565,117 | 622,006 | 566,111 | 463,734 | 163,709 | 196,351 | 131,810 | 61,112 | 49,522 | 89,302 | 35,835 |
| Group Debtors | 0 | 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 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 196,435 | 166,088 | 194,147 | 184,765 | 196,780 | 125,593 | 181,715 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 794,056 | 511,690 | 710,942 | 517,534 | 565,117 | 622,006 | 566,111 | 463,734 | 360,144 | 362,439 | 325,957 | 245,877 | 246,302 | 214,895 | 217,550 |
| total assets | 819,179 | 548,433 | 759,459 | 570,069 | 631,845 | 702,068 | 640,093 | 550,351 | 379,017 | 371,213 | 326,717 | 249,770 | 252,716 | 216,972 | 221,124 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 289,864 | 103,666 | 187,589 | 137,799 | 154,616 | 217,370 | 147,448 | 180,271 | 109,486 | 119,228 | 118,004 | 85,462 | 89,039 | 54,454 | 49,522 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 837 | 837 | 0 | 840 | 14,437 | 16,370 |
| other short term finances | 0 | 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 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 289,864 | 103,666 | 187,589 | 137,799 | 154,616 | 217,370 | 147,448 | 180,271 | 109,486 | 120,065 | 118,841 | 85,462 | 89,879 | 68,891 | 65,892 |
| loans | 0 | 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 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,243 | 1,580 | 0 | 518 | 965 | 18 | 230 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,243 | 1,580 | 0 | 518 | 965 | 18 | 230 |
| total liabilities | 289,864 | 103,666 | 187,589 | 137,799 | 154,616 | 217,370 | 147,448 | 180,271 | 110,729 | 121,645 | 118,841 | 85,980 | 90,844 | 68,909 | 66,122 |
| net assets | 529,315 | 444,767 | 571,870 | 432,270 | 477,229 | 484,698 | 492,645 | 370,080 | 268,288 | 249,568 | 207,876 | 163,790 | 161,872 | 148,063 | 155,002 |
| total shareholders funds | 529,315 | 444,767 | 571,870 | 432,270 | 477,229 | 484,698 | 492,645 | 370,080 | 268,288 | 249,568 | 207,876 | 163,790 | 161,872 | 148,063 | 155,002 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,089 | 470 | 1,268 | 2,711 | 2,299 | 2,224 | 1,798 | ||||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 282,366 | -199,252 | 193,408 | -47,583 | -56,889 | 55,895 | 102,377 | 300,025 | -32,642 | 64,541 | 70,698 | 11,590 | -39,780 | 53,467 | 35,835 |
| Creditors | 186,198 | -83,923 | 49,790 | -16,817 | -62,754 | 69,922 | -32,823 | 70,785 | -9,742 | 1,224 | 32,542 | -3,577 | 34,585 | 4,932 | 49,522 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,243 | -337 | 1,580 | -518 | -447 | 947 | -212 | 230 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 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 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -837 | 0 | 837 | -840 | -13,597 | -1,933 | 16,370 |
| Other Short Term Loans | 0 | 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 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 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 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -196,435 | 30,347 | -28,059 | 9,382 | -12,015 | 71,187 | -56,122 | 181,715 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -196,435 | 30,347 | -28,059 | 9,382 | -12,015 | 71,187 | -56,122 | 181,715 |
merus software limited Credit Report and Business Information
Merus Software Limited Competitor Analysis
Perform a competitor analysis for merus software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GL5 area or any other competitors across 12 key performance metrics.
merus software limited Ownership
MERUS SOFTWARE LIMITED group structure
Merus Software Limited has no subsidiary companies.
Ultimate parent company
MERUS SOFTWARE LIMITED
04205638
merus software limited directors
Merus Software Limited currently has 3 directors. The longest serving directors include Mr Christian Dannemann (Apr 2001) and Mrs. Natalya Scott (Mar 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Christian Dannemann | England | 62 years | Apr 2001 | - | Director |
| Mrs. Natalya Scott | England | 52 years | Mar 2009 | - | Director |
| Mr Matthew Webb | England | 49 years | Oct 2022 | - | Director |
P&L
March 2024turnover
1.7m
+65%
operating profit
112.7k
0%
gross margin
42.4%
+1.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
529.3k
+0.19%
total assets
819.2k
+0.49%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
merus software limited company details
company number
04205638
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2001
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 2 bath road, woodchester, stroud, gloucestershire, GL5 5EX
Bank
-
Legal Advisor
-
merus 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 1 charges/mortgages relating to merus software limited. Currently there are 0 open charges and 1 have been satisfied in the past.
merus software limited Companies House Filings - See Documents
| date | description | view/download |
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