advanced computer software group limited Company Information
Company Number
05965280
Next Accounts
83 days late
Shareholders
air bidco limited
Group Structure
View All
Industry
Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
Registered Address
the mailbox level 3, 101 wharfside street, birmingham, B1 1RF
advanced computer software group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED COMPUTER SOFTWARE GROUP LIMITED at £1.5b based on a Turnover of £321.7m and 4.78x industry multiple (adjusted for size and gross margin).
advanced computer software group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED COMPUTER SOFTWARE GROUP LIMITED at £667.8m based on an EBITDA of £33.6m and a 19.85x industry multiple (adjusted for size and gross margin).
advanced computer software group limited Estimated Valuation
Pomanda estimates the enterprise value of ADVANCED COMPUTER SOFTWARE GROUP LIMITED at £244.1m based on Net Assets of £182.1m and 1.34x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Advanced Computer Software Group Limited Overview
Advanced Computer Software Group Limited is a live company located in birmingham, B1 1RF with a Companies House number of 05965280. It operates in the activities of other holding companies n.e.c. sector, SIC Code 64209. Founded in October 2006, it's largest shareholder is air bidco limited with a 100% stake. Advanced Computer Software Group Limited is a established, mega sized company, Pomanda has estimated its turnover at £321.7m with unknown growth in recent years.
Upgrade for unlimited company reports & a free credit check
Advanced Computer Software Group Limited Health Check
Pomanda's financial health check has awarded Advanced Computer Software Group Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs


3 Strong

1 Regular

5 Weak

Size
annual sales of £321.7m, make it larger than the average company (£18.1m)
£321.7m - Advanced Computer Software Group Limited
£18.1m - Industry AVG

Growth
There is insufficient data available for this Key Performance Indicator!
- Advanced Computer Software Group Limited
- - Industry AVG

Production
with a gross margin of 100%, this company has a lower cost of product (35.4%)
100% - Advanced Computer Software Group Limited
35.4% - Industry AVG

Profitability
an operating margin of -11.8% make it less profitable than the average company (5.2%)
-11.8% - Advanced Computer Software Group Limited
5.2% - Industry AVG

Employees
with 2960 employees, this is above the industry average (103)
2960 - Advanced Computer Software Group Limited
103 - Industry AVG

Pay Structure
on an average salary of £50.9k, the company has a higher pay structure (£41.5k)
£50.9k - Advanced Computer Software Group Limited
£41.5k - Industry AVG

Efficiency
resulting in sales per employee of £108.7k, this is less efficient (£179.7k)
£108.7k - Advanced Computer Software Group Limited
£179.7k - Industry AVG

Debtor Days
it gets paid by customers after 110 days, this is later than average (46 days)
110 days - Advanced Computer Software Group Limited
46 days - Industry AVG

Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Advanced Computer Software Group Limited
- - Industry AVG

Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Advanced Computer Software Group Limited
- - Industry AVG

Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (15 weeks)
3 weeks - Advanced Computer Software Group Limited
15 weeks - Industry AVG

Debt Level
it has a ratio of liabilities to total assets of 72.5%, this is a similar level of debt than the average (69%)
72.5% - Advanced Computer Software Group Limited
69% - Industry AVG
ADVANCED COMPUTER SOFTWARE GROUP LIMITED financials

Advanced Computer Software Group Limited's latest turnover from February 2023 is £321.7 million and the company has net assets of £182.1 million. According to their latest financial statements, Advanced Computer Software Group Limited has 2,960 employees and maintains cash reserves of £31.2 million 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 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 321,708,000 | 316,494,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 203,154,000 | 120,914,000 | 101,825,000 | 95,397,000 | 30,191,000 |
Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | |||||||||
Cost Of Sales | 0 | 0 | 16,779,000 | 16,514,000 | 7,356,000 | |||||||||
Gross Profit | 321,708,000 | 316,494,000 | 85,046,000 | 78,883,000 | 22,835,000 | |||||||||
Admin Expenses | 359,555,000 | 293,673,000 | 76,436,000 | 73,620,000 | 18,966,000 | |||||||||
Operating Profit | -37,847,000 | 22,821,000 | -823,000 | -579,000 | -610,000 | -689,000 | -653,000 | -3,725,000 | -163,000 | 15,771,000 | 10,388,000 | 8,610,000 | 5,263,000 | 3,869,000 |
Interest Payable | 9,095,000 | 6,672,000 | 7,018,000 | 7,162,000 | 4,832,000 | 3,457,000 | 432,000 | 2,261,000 | 0 | 3,764,000 | 1,207,000 | 1,669,000 | 2,189,000 | 110,000 |
Interest Receivable | 0 | 0 | 6,454,000 | 1,425,000 | 5,877,000 | 7,788,000 | 2,548,000 | 13,000 | 74,000 | 49,000 | 51,000 | 27,000 | 50,000 | 410,000 |
Pre-Tax Profit | -46,942,000 | 16,149,000 | -1,387,000 | -6,316,000 | 435,000 | 3,642,000 | 1,463,000 | -5,973,000 | -89,000 | 12,056,000 | 9,163,000 | 6,918,000 | 3,124,000 | 4,169,000 |
Tax | -6,829,000 | -14,218,000 | -609,000 | 0 | 692,000 | -692,000 | 0 | 0 | 0 | 1,056,000 | -31,000 | -642,000 | 1,048,000 | -1,000,000 |
Profit After Tax | -53,771,000 | 1,931,000 | -1,996,000 | -6,316,000 | 1,127,000 | 2,950,000 | 1,463,000 | -5,973,000 | -89,000 | 13,112,000 | 9,132,000 | 6,276,000 | 4,172,000 | 3,169,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,106,000 | 1,883,000 | 0 | 0 | 0 | 0 |
Retained Profit | -53,771,000 | 1,931,000 | -1,996,000 | -6,316,000 | 1,127,000 | 2,950,000 | 1,463,000 | -5,973,000 | -2,195,000 | 11,229,000 | 9,132,000 | 11,165,000 | 4,172,000 | 3,169,000 |
Employee Costs | 150,689,000 | 132,593,000 | 0 | 0 | 0 | 98,990,000 | 54,649,000 | 48,646,000 | 45,703,000 | 12,018,000 | ||||
Number Of Employees | 2,960 | 2,676 | 1,906 | 951 | 876 | 859 | 240 | |||||||
EBITDA* | 33,646,000 | 91,956,000 | -823,000 | -579,000 | -610,000 | -689,000 | -653,000 | -3,725,000 | -163,000 | 44,030,000 | 26,340,000 | 23,999,000 | 22,209,000 | 6,563,000 |
* 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 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 9,666,000 | 9,028,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13,159,000 | 9,889,000 | 7,704,000 | 6,793,000 | 3,781,000 |
Intangible Assets | 448,857,000 | 462,399,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 269,868,000 | 135,249,000 | 126,965,000 | 149,844,000 | 158,862,000 |
Investments & Other | 517,000 | 741,000 | 146,821,000 | 145,772,000 | 127,348,000 | 127,348,000 | 127,348,000 | 127,348,000 | 127,348,000 | 520,000 | 520,000 | 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 | 459,040,000 | 472,168,000 | 146,821,000 | 145,772,000 | 127,348,000 | 127,348,000 | 127,348,000 | 127,348,000 | 127,348,000 | 283,027,000 | 145,138,000 | 134,669,000 | 156,637,000 | 162,643,000 |
Stock & work in progress | 847,000 | 927,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,692,000 | 2,892,000 | 1,541,000 | 987,000 | 629,000 |
Trade Debtors | 97,412,000 | 90,650,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,729,000 | 28,571,000 | 22,688,000 | 21,114,000 | 18,347,000 |
Group Debtors | 3,236,000 | 0 | 234,670,000 | 150,936,000 | 148,136,000 | 137,956,000 | 85,982,000 | 46,210,000 | 15,815,000 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 69,141,000 | 50,313,000 | 1,000 | 26,000 | 323,000 | 1,000 | 7,000 | 26,000 | 33,000 | 8,508,000 | 8,254,000 | 5,267,000 | 4,059,000 | 3,861,000 |
Cash | 31,243,000 | 20,204,000 | 93,000 | 113,000 | 42,000 | 14,459,000 | 140,000 | 0 | 100,000 | 25,098,000 | 33,419,000 | 9,948,000 | 11,236,000 | 10,279,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 201,879,000 | 162,094,000 | 234,764,000 | 151,075,000 | 148,501,000 | 152,416,000 | 86,129,000 | 46,236,000 | 15,948,000 | 85,027,000 | 73,136,000 | 39,444,000 | 37,396,000 | 33,116,000 |
total assets | 660,919,000 | 634,262,000 | 381,585,000 | 296,847,000 | 275,849,000 | 279,764,000 | 213,477,000 | 173,584,000 | 143,296,000 | 368,054,000 | 218,274,000 | 174,113,000 | 194,033,000 | 195,759,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 290,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 16,971,000 | 21,287,000 | 58,000 | 157,000 | 39,000 | 1,000 | 291,000 | 104,000 | 0 | 5,468,000 | 3,753,000 | 2,491,000 | 1,993,000 | 3,812,000 |
Group/Directors Accounts | 212,126,000 | 200,814,000 | 220,506,000 | 133,922,000 | 106,735,000 | 110,719,000 | 47,986,000 | 9,623,000 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,182,000 | 2,707,000 | 8,274,000 | 32,139,000 | 34,144,000 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 196,949,000 | 134,180,000 | 362,000 | 113,000 | 104,000 | 1,200,000 | 306,000 | 136,000 | 40,000 | 96,652,000 | 58,691,000 | 45,737,000 | 43,082,000 | 39,222,000 |
total current liabilities | 426,046,000 | 356,281,000 | 220,926,000 | 134,192,000 | 106,878,000 | 111,920,000 | 48,583,000 | 10,153,000 | 40,000 | 114,302,000 | 65,151,000 | 56,502,000 | 77,214,000 | 77,178,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 123,218,000 | 1,066,000 | 5,608,000 | 18,950,000 | 31,746,000 |
hp & lease commitments | 62,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 2,153,000 | 46,663,000 | 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 |
provisions | 50,604,000 | 2,290,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 48,644,000 | 26,950,000 | 33,150,000 | 45,490,000 | 48,324,000 |
total long term liabilities | 52,819,000 | 48,953,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 85,931,000 | 14,008,000 | 19,379,000 | 32,220,000 | 40,035,000 |
total liabilities | 478,865,000 | 405,234,000 | 220,926,000 | 134,192,000 | 106,878,000 | 111,920,000 | 48,583,000 | 10,153,000 | 40,000 | 200,233,000 | 79,159,000 | 75,881,000 | 109,434,000 | 117,213,000 |
net assets | 182,054,000 | 229,028,000 | 160,659,000 | 162,655,000 | 168,971,000 | 167,844,000 | 164,894,000 | 163,431,000 | 143,256,000 | 167,821,000 | 139,115,000 | 98,232,000 | 84,599,000 | 78,546,000 |
total shareholders funds | 182,054,000 | 229,028,000 | 160,659,000 | 162,655,000 | 168,971,000 | 167,844,000 | 164,894,000 | 163,431,000 | 143,256,000 | 167,821,000 | 139,115,000 | 98,232,000 | 84,599,000 | 78,546,000 |
Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Feb 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | -37,847,000 | 22,821,000 | -823,000 | -579,000 | -610,000 | -689,000 | -653,000 | -3,725,000 | -163,000 | 15,771,000 | 10,388,000 | 8,610,000 | 5,263,000 | 3,869,000 |
Depreciation | 4,137,000 | 4,846,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,095,000 | 1,697,000 | 1,219,000 | 1,270,000 | 698,000 |
Amortisation | 67,356,000 | 64,289,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 25,164,000 | 14,255,000 | 14,170,000 | 15,676,000 | 1,996,000 |
Tax | -6,829,000 | -14,218,000 | -609,000 | 0 | 692,000 | -692,000 | 0 | 0 | 0 | 1,056,000 | -31,000 | -642,000 | 1,048,000 | -1,000,000 |
Stock | -80,000 | 927,000 | 0 | 0 | 0 | 0 | 0 | 0 | -2,692,000 | -200,000 | 1,351,000 | 554,000 | 358,000 | 629,000 |
Debtors | 28,826,000 | -93,708,000 | 83,709,000 | 2,503,000 | 10,502,000 | 51,968,000 | 39,753,000 | 30,388,000 | -41,389,000 | 20,412,000 | 8,870,000 | 2,782,000 | 2,965,000 | 22,208,000 |
Creditors | -4,316,000 | 21,229,000 | -99,000 | 118,000 | 38,000 | -290,000 | 187,000 | 104,000 | -5,468,000 | 1,715,000 | 1,262,000 | 498,000 | -1,819,000 | 3,812,000 |
Accruals and Deferred Income | 18,259,000 | 180,481,000 | 249,000 | 9,000 | -1,096,000 | 894,000 | 170,000 | 96,000 | -96,612,000 | 37,961,000 | 12,954,000 | 2,655,000 | 3,860,000 | 39,222,000 |
Deferred Taxes & Provisions | 48,314,000 | 2,290,000 | 0 | 0 | 0 | 0 | 0 | 0 | -48,644,000 | 21,694,000 | -6,200,000 | -12,340,000 | -2,834,000 | 48,324,000 |
Cash flow from operations | 60,328,000 | 374,519,000 | -84,991,000 | -2,955,000 | -11,478,000 | -52,745,000 | -40,049,000 | -33,913,000 | -106,806,000 | 86,244,000 | 24,104,000 | 10,834,000 | 19,141,000 | 74,084,000 |
Investing Activities | ||||||||||||||
capital expenditure | 0 | 0 | ||||||||||||
Change in Investments | -224,000 | -146,080,000 | 1,049,000 | 18,424,000 | 0 | 0 | 0 | 0 | 126,828,000 | 0 | 520,000 | 0 | 0 | 0 |
cash flow from investments | 224,000 | 146,080,000 | ||||||||||||
Financing Activities | ||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 11,312,000 | -19,692,000 | 86,584,000 | 27,187,000 | -3,984,000 | 62,733,000 | 38,363,000 | 9,623,000 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -12,182,000 | 9,475,000 | -5,567,000 | -23,865,000 | -2,005,000 | 34,144,000 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -123,218,000 | 122,152,000 | -4,542,000 | -13,342,000 | -12,796,000 | 31,746,000 |
Hire Purchase and Lease Commitments | 62,000 | 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 | -9,095,000 | -6,672,000 | -564,000 | -5,737,000 | 1,045,000 | 4,331,000 | 2,116,000 | -2,248,000 | 74,000 | -3,715,000 | -1,156,000 | -1,642,000 | -2,139,000 | 300,000 |
cash flow from financing | 9,076,000 | 40,074,000 | 86,020,000 | 21,450,000 | -2,939,000 | 67,064,000 | 40,479,000 | 33,523,000 | -157,696,000 | 145,389,000 | 20,486,000 | -36,381,000 | -15,059,000 | 141,567,000 |
cash and cash equivalents | ||||||||||||||
cash | 11,039,000 | 20,111,000 | -20,000 | 71,000 | -14,417,000 | 14,319,000 | 140,000 | -100,000 | -24,998,000 | -8,321,000 | 23,471,000 | -1,288,000 | 957,000 | 10,279,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | -290,000 | 290,000 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 11,039,000 | 20,111,000 | -20,000 | 71,000 | -14,417,000 | 14,319,000 | 430,000 | -390,000 | -24,998,000 | -8,321,000 | 23,471,000 | -1,288,000 | 957,000 | 10,279,000 |
advanced computer software group limited Credit Report and Business Information
Advanced Computer Software Group Limited Competitor Analysis

Perform a competitor analysis for advanced computer software group limited by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other mega companies, companies in B 1 area or any other competitors across 12 key performance metrics.
advanced computer software group limited Ownership
ADVANCED COMPUTER SOFTWARE GROUP LIMITED group structure
Advanced Computer Software Group Limited has 1 subsidiary company.
Ultimate parent company
ADVANCED COMPUTER SOFTWARE GROUP LIMITED
05965280
1 subsidiary
advanced computer software group limited directors
Advanced Computer Software Group Limited currently has 10 directors. The longest serving directors include Mr Adrian Alonso (Mar 2015) and Mr Maneet Saroya (Mar 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Adrian Alonso | United Kingdom | 40 years | Mar 2015 | - | Director |
Mr Maneet Saroya | United Kingdom | 45 years | Mar 2015 | - | Director |
Mr Philipp Schwalber | England | 51 years | Oct 2019 | - | Director |
Ms Betty Hung | United Kingdom | 54 years | Oct 2019 | - | Director |
Mr Philipp Schwalber | 51 years | Oct 2019 | - | Director | |
Mr Mark Richards | Jersey | 39 years | May 2020 | - | Director |
Mr Mark Richards | England | 39 years | May 2020 | - | Director |
Mr Simon Walsh | England | 53 years | Jun 2023 | - | Director |
Mr Stephen Dews | United Kingdom | 49 years | Jun 2023 | - | Director |
Mr Antoine Laffont | United Kingdom | 29 years | Oct 2024 | - | Director |
P&L
February 2023turnover
321.7m
+2%
operating profit
-37.8m
-266%
gross margin
100%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2023net assets
182.1m
-0.21%
total assets
660.9m
+0.04%
cash
31.2m
+0.55%
net assets
Total assets minus all liabilities
advanced computer software group limited company details
company number
05965280
Type
Private limited with Share Capital
industry
64209 - Activities of other holding companies (not including agricultural, production, construction, distribution and financial services holding companies) n.e.c.
incorporation date
October 2006
age
19
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
February 2023
previous names
advanced computer software group plc (March 2015)
advanced computer software plc (September 2010)
accountant
-
auditor
PRICEWATERHOUSECOOPERS LLP
address
the mailbox level 3, 101 wharfside street, birmingham, B1 1RF
Bank
HSBC BANK PLC
Legal Advisor
-
advanced computer software group 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 8 charges/mortgages relating to advanced computer software group limited. Currently there are 2 open charges and 6 have been satisfied in the past.
advanced computer software group 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.
Click to start generating capital raising & share issue transactions for ADVANCED COMPUTER SOFTWARE GROUP LIMITED. This can take several minutes, an email will notify you when this has completed.
advanced computer software group limited Companies House Filings - See Documents
date | description | view/download |
---|