software in partnership limitedEstimated Valuation
£482.4k
Pomanda estimates the enterprise value of SOFTWARE IN PARTNERSHIP LIMITED at £482.4k based on a Turnover of £614.6k and 0.79x industry multiple (adjusted for size and gross margin).
software in partnership limitedEstimated Valuation
£3.7k
Pomanda estimates the enterprise value of SOFTWARE IN PARTNERSHIP LIMITED at £3.7k based on an EBITDA of £782 and a 4.68x industry multiple (adjusted for size and gross margin).
software in partnership limitedEstimated Valuation
£73.6k
Pomanda estimates the enterprise value of SOFTWARE IN PARTNERSHIP LIMITED at £73.6k based on Net Assets of £31.2k and 2.36x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Software In Partnership LimitedOverview
Software In Partnership Limited is a live company located in essex, SS9 3AH with a Companies House number of 04532484. It operates in the business and domestic software development sector, SIC Code 62012. Founded in September 2002, it's largest shareholder is
richard brian clarke
with a 15.5% stake. Software In Partnership Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£614.6k with
healthy
growth in recent years.
Pomanda's financial health check has awarded Software In Partnership Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
2 Strong
3 Regular
4 Weak
Size
annual sales of £614.6k, make it smaller than the average company (£4.6m)
£614.6k - Software In Partnership Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (10.3%)
6% - Software In Partnership Limited
10.3% - Industry AVG
Production
with a gross margin of 71.7%, this company has a comparable cost of product (71.7%)
71.7% - Software In Partnership Limited
71.7% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3.4%)
0.1% - Software In Partnership Limited
3.4% - Industry AVG
Employees
with 5 employees, this is below the industry average (42)
5 - Software In Partnership Limited
42 - Industry AVG
Pay Structure
on an average salary of £71.8k, the company has an equivalent pay structure (£71.8k)
£71.8k - Software In Partnership Limited
£71.8k - Industry AVG
Efficiency
resulting in sales per employee of £122.9k, this is equally as efficient (£122.9k)
£122.9k - Software In Partnership Limited
£122.9k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Software In Partnership Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Software In Partnership Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Software In Partnership Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 183 weeks, this is more cash available to meet short term requirements (17 weeks)
183 weeks - Software In Partnership Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.1%, this is a lower level of debt than the average (63.2%)
15.1% - Software In Partnership Limited
63.2% - Industry AVG
SOFTWARE IN PARTNERSHIP LIMITED financials
EXPORT
Software In Partnership Limited's latest turnover from December 2023 is estimated at £614.6 thousand and the company has net assets of £31.2 thousand. According to their latest financial statements, Software In Partnership Limited has 5 employees and maintains cash reserves of £19.5 thousand 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
614,560
572,075
536,878
522,948
542,032
550,948
529,631
525,520
87,025
412,242
312,269
406,196
533,129
543,751
Other Income Or Grants
Cost Of Sales
173,916
164,622
145,424
144,347
146,308
150,877
146,297
145,976
1,600
9,600
9,600
10,157
11,079
138,165
Gross Profit
440,645
407,453
391,454
378,601
395,724
400,071
383,334
379,545
85,425
402,642
302,669
396,039
522,050
405,586
Admin Expenses
440,305
404,283
387,572
367,564
408,930
405,331
433,809
429,547
65,170
300,667
291,497
351,986
438,964
435,093
-307,272
Operating Profit
340
3,170
3,882
11,037
-13,206
-5,260
-50,475
-50,002
20,255
101,975
11,172
44,053
83,086
-29,507
307,272
Interest Payable
Interest Receivable
1,028
600
39
19
166
193
323
319
2,296
2,116
2,632
5,027
4,837
1,390
789
Pre-Tax Profit
1,368
3,770
3,921
11,056
-13,040
-5,067
-50,152
-49,683
23,315
115,967
13,804
49,080
87,923
-28,117
308,061
Tax
-342
-716
-745
-2,101
-5,142
-21,267
-3,033
-9,746
-17,971
-86,257
Profit After Tax
1,026
3,054
3,176
8,955
-13,040
-5,067
-50,152
-49,683
18,173
94,700
10,771
39,334
69,952
-28,117
221,804
Dividends Paid
105,450
56,868
47,250
56,700
Retained Profit
1,026
3,054
3,176
8,955
-13,040
-5,067
-50,152
-49,683
-87,277
37,832
-36,479
-17,366
69,952
-28,117
221,804
Employee Costs
359,039
340,436
316,550
301,082
310,278
307,967
296,855
284,613
326,018
247,438
251,763
209,160
310,667
305,069
Number Of Employees
5
5
5
5
5
5
5
5
6
4
3
4
6
6
EBITDA*
782
3,992
4,482
11,637
-12,000
-4,053
-49,268
-48,487
22,369
105,149
14,194
46,476
86,493
-24,070
312,709
* 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
442
600
1,200
1,206
2,413
1,515
3,930
2,559
3,784
2,726
2,043
7,480
Intangible Assets
Investments & Other
1
1
1
1
1
1
1
1
1
101
101
101
101
101
101
Debtors (Due After 1 year)
Total Fixed Assets
1
443
601
1,201
1
1,207
2,414
1
1,516
4,031
2,660
3,885
2,827
2,144
7,581
Stock & work in progress
Trade Debtors
22,252
40,908
39,963
59,473
96,071
29,221
Group Debtors
6,309
13,277
27,904
5,147
Misc Debtors
17,226
16,462
16,374
11,704
27
14,065
14,541
26
178
6,231
11,817
10,898
9,721
Cash
19,546
19,600
14,690
16,722
20,379
23,764
27,773
101,315
153,791
256,388
221,308
280,058
455,228
240,263
315,770
misc current assets
total current assets
36,772
36,062
31,064
28,426
20,406
37,829
42,314
101,341
153,969
291,180
287,310
358,823
529,569
336,334
344,991
total assets
36,773
36,505
31,665
29,627
20,407
39,036
44,728
101,342
155,485
295,211
289,970
362,708
532,396
338,478
352,572
Bank overdraft
Bank loan
Trade Creditors
129,791
115,465
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
5,541
6,210
4,393
5,411
5,386
10,975
11,600
18,062
22,522
74,971
107,562
143,960
296,282
total current liabilities
5,541
6,210
4,393
5,411
5,386
10,975
11,600
18,062
22,522
74,971
107,562
143,960
296,282
129,791
115,465
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
89
120
240
303
total long term liabilities
89
120
240
303
total liabilities
5,541
6,299
4,513
5,651
5,386
10,975
11,600
18,062
22,522
74,971
107,562
143,960
296,282
129,791
115,768
net assets
31,232
30,206
27,152
23,976
15,021
28,061
33,128
83,280
132,963
220,240
182,408
218,748
236,114
208,687
236,804
total shareholders funds
31,232
30,206
27,152
23,976
15,021
28,061
33,128
83,280
132,963
220,240
182,408
218,748
236,114
208,687
236,804
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
340
3,170
3,882
11,037
-13,206
-5,260
-50,475
-50,002
20,255
101,975
11,172
44,053
83,086
-29,507
307,272
Depreciation
442
822
600
600
1,206
1,207
1,207
1,515
2,114
3,174
3,022
2,423
3,407
5,437
5,437
Amortisation
Tax
-342
-716
-745
-2,101
-5,142
-21,267
-3,033
-9,746
-17,971
-86,257
Stock
Debtors
764
88
4,670
11,677
-14,038
-476
14,515
-152
-34,614
-31,210
-12,763
4,424
-21,730
66,850
29,221
Creditors
-129,791
14,326
115,465
Accruals and Deferred Income
-669
1,817
-1,018
25
-5,589
-625
-6,462
-4,460
-52,449
-32,591
-36,398
-152,322
296,282
Deferred Taxes & Provisions
-89
-31
-120
240
-303
303
Cash flow from operations
-1,082
4,974
-2,071
-1,876
-3,551
-4,202
-70,245
-52,795
-608
82,501
-12,474
-120,016
256,743
-76,897
312,999
Investing Activities
capital expenditure
-664
-1,800
-3,620
301
-4,545
-1,797
-3,481
-4,090
-12,917
Change in Investments
-100
101
cash flow from investments
-664
-1,800
-3,620
401
-4,545
-1,797
-3,481
-4,090
-13,018
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
139
-42,525
15,000
interest
1,028
600
39
19
166
193
323
319
2,296
2,116
2,632
5,027
4,837
1,390
789
cash flow from financing
1,028
600
39
19
166
193
323
319
2,296
2,116
2,771
5,027
-37,688
1,390
15,789
cash and cash equivalents
cash
-54
4,910
-2,032
-3,657
-3,385
-4,009
-73,542
-52,476
-102,597
35,080
-58,750
-175,170
214,965
-75,507
315,770
overdraft
change in cash
-54
4,910
-2,032
-3,657
-3,385
-4,009
-73,542
-52,476
-102,597
35,080
-58,750
-175,170
214,965
-75,507
315,770
software in partnership limited 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 software in partnership limited. Get real-time insights into software in partnership limited's credit score, group structure and payment trends.
Software In Partnership Limited Competitor Analysis
Perform a competitor analysis for software in partnership limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in SS9 area or any other competitors across 12 key performance metrics.
software in partnership limited Ownership
SOFTWARE IN PARTNERSHIP LIMITED group structure
Software In Partnership Limited has 1 subsidiary company.
The largest shareholders in Software In Partnership Limited include Richard Brian Clarke and Stephen Brian Shaw Cullum.
richard brian clarke
15.52%
stephen brian shaw cullum
15.52%
raymond douglas walker
15.52%
margaret walker
15.51%
susan clarke
15.51%
donna cullum
15.51%
trustees of software in partnership ltd employee benefit trust
6.9%
software in partnership limited directors
Software In Partnership Limited currently has 2 directors.
The longest serving directors include
Mr Stephen Cullum (Sep 2002) and
Mr Richard Clarke (Nov 2002).
62012 - Business and domestic software development
incorporation date
September 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
plaidtech limited (October 2002)
accountant
-
auditor
-
address
53 eastwood road, leigh on sea, essex, SS9 3AH
Bank
-
Legal Advisor
-
software in partnership 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 software in partnership limited.
software in partnership 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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software in partnership limitedCompanies House Filings - See Documents
