advanced computer software group limited

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advanced computer software group limited Company Information

Share ADVANCED COMPUTER SOFTWARE GROUP LIMITED

Company Number

05965280

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

£1.5b

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

£667.8m

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

£244.1m

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).

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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.

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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

Health Check Image
Health Rating2out of 5
positive_score

3 Strong

positive_score

1 Regular

positive_score

5 Weak

size

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

Growth

There is insufficient data available for this Key Performance Indicator!

- - Advanced Computer Software Group Limited

- - Industry AVG

production

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

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

Employees

with 2960 employees, this is above the industry average (103)

2960 - Advanced Computer Software Group Limited

103 - Industry AVG

paystructure

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

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

debtordays

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

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Advanced Computer Software Group Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Advanced Computer Software Group Limited

- - Industry AVG

cashbalance

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

debtlevel

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

EXPORTms excel logo

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 HousePomanda Estimates

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Turnover321,708,000316,494,0000000000203,154,000120,914,000101,825,00095,397,00030,191,000
Other Income Or Grants00000000000000
Cost Of Sales000000000138,292,37383,574,07916,779,00016,514,0007,356,000
Gross Profit321,708,000316,494,000000000064,861,62737,339,92185,046,00078,883,00022,835,000
Admin Expenses359,555,000293,673,000823,000579,000610,000689,000653,0003,725,000163,00049,090,62726,951,92176,436,00073,620,00018,966,000
Operating Profit-37,847,00022,821,000-823,000-579,000-610,000-689,000-653,000-3,725,000-163,00015,771,00010,388,0008,610,0005,263,0003,869,000
Interest Payable9,095,0006,672,0007,018,0007,162,0004,832,0003,457,000432,0002,261,00003,764,0001,207,0001,669,0002,189,000110,000
Interest Receivable006,454,0001,425,0005,877,0007,788,0002,548,00013,00074,00049,00051,00027,00050,000410,000
Pre-Tax Profit-46,942,00016,149,000-1,387,000-6,316,000435,0003,642,0001,463,000-5,973,000-89,00012,056,0009,163,0006,918,0003,124,0004,169,000
Tax-6,829,000-14,218,000-609,0000692,000-692,0000001,056,000-31,000-642,0001,048,000-1,000,000
Profit After Tax-53,771,0001,931,000-1,996,000-6,316,0001,127,0002,950,0001,463,000-5,973,000-89,00013,112,0009,132,0006,276,0004,172,0003,169,000
Dividends Paid000000002,106,0001,883,0000000
Retained Profit-53,771,0001,931,000-1,996,000-6,316,0001,127,0002,950,0001,463,000-5,973,000-2,195,00011,229,0009,132,00011,165,0004,172,0003,169,000
Employee Costs150,689,000132,593,000037,11835,82534,04933,0140098,990,00054,649,00048,646,00045,703,00012,018,000
Number Of Employees2,9602,67611111111,906951876859240
EBITDA*33,646,00091,956,000-823,000-579,000-610,000-689,000-653,000-3,725,000-163,00044,030,00026,340,00023,999,00022,209,0006,563,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Tangible Assets9,666,0009,028,000000000013,159,0009,889,0007,704,0006,793,0003,781,000
Intangible Assets448,857,000462,399,0000000000269,868,000135,249,000126,965,000149,844,000158,862,000
Investments & Other517,000741,000146,821,000145,772,000127,348,000127,348,000127,348,000127,348,000127,348,000520,000520,000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets459,040,000472,168,000146,821,000145,772,000127,348,000127,348,000127,348,000127,348,000127,348,000283,027,000145,138,000134,669,000156,637,000162,643,000
Stock & work in progress847,000927,00000000002,692,0002,892,0001,541,000987,000629,000
Trade Debtors97,412,00090,650,000000000048,729,00028,571,00022,688,00021,114,00018,347,000
Group Debtors3,236,0000234,670,000150,936,000148,136,000137,956,00085,982,00046,210,00015,815,00000000
Misc Debtors69,141,00050,313,0001,00026,000323,0001,0007,00026,00033,0008,508,0008,254,0005,267,0004,059,0003,861,000
Cash31,243,00020,204,00093,000113,00042,00014,459,000140,0000100,00025,098,00033,419,0009,948,00011,236,00010,279,000
misc current assets00000000000000
total current assets201,879,000162,094,000234,764,000151,075,000148,501,000152,416,00086,129,00046,236,00015,948,00085,027,00073,136,00039,444,00037,396,00033,116,000
total assets660,919,000634,262,000381,585,000296,847,000275,849,000279,764,000213,477,000173,584,000143,296,000368,054,000218,274,000174,113,000194,033,000195,759,000
Bank overdraft0000000290,000000000
Bank loan00000000000000
Trade Creditors 16,971,00021,287,00058,000157,00039,0001,000291,000104,00005,468,0003,753,0002,491,0001,993,0003,812,000
Group/Directors Accounts212,126,000200,814,000220,506,000133,922,000106,735,000110,719,00047,986,0009,623,000000000
other short term finances00000000012,182,0002,707,0008,274,00032,139,00034,144,000
hp & lease commitments00000000000000
other current liabilities196,949,000134,180,000362,000113,000104,0001,200,000306,000136,00040,00096,652,00058,691,00045,737,00043,082,00039,222,000
total current liabilities426,046,000356,281,000220,926,000134,192,000106,878,000111,920,00048,583,00010,153,00040,000114,302,00065,151,00056,502,00077,214,00077,178,000
loans000000000123,218,0001,066,0005,608,00018,950,00031,746,000
hp & lease commitments62,0000000000000000
Accruals and Deferred Income2,153,00046,663,000000000000000
other liabilities00000000000000
provisions50,604,0002,290,000000000048,644,00026,950,00033,150,00045,490,00048,324,000
total long term liabilities52,819,00048,953,000000000085,931,00014,008,00019,379,00032,220,00040,035,000
total liabilities478,865,000405,234,000220,926,000134,192,000106,878,000111,920,00048,583,00010,153,00040,000200,233,00079,159,00075,881,000109,434,000117,213,000
net assets182,054,000229,028,000160,659,000162,655,000168,971,000167,844,000164,894,000163,431,000143,256,000167,821,000139,115,00098,232,00084,599,00078,546,000
total shareholders funds182,054,000229,028,000160,659,000162,655,000168,971,000167,844,000164,894,000163,431,000143,256,000167,821,000139,115,00098,232,00084,599,00078,546,000
Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Feb 2017Feb 2016Feb 2015Feb 2014Feb 2013Feb 2012Feb 2011Feb 2010
Operating Activities
Operating Profit-37,847,00022,821,000-823,000-579,000-610,000-689,000-653,000-3,725,000-163,00015,771,00010,388,0008,610,0005,263,0003,869,000
Depreciation4,137,0004,846,00000000003,095,0001,697,0001,219,0001,270,000698,000
Amortisation67,356,00064,289,000000000025,164,00014,255,00014,170,00015,676,0001,996,000
Tax-6,829,000-14,218,000-609,0000692,000-692,0000001,056,000-31,000-642,0001,048,000-1,000,000
Stock-80,000927,000000000-2,692,000-200,0001,351,000554,000358,000629,000
Debtors28,826,000-93,708,00083,709,0002,503,00010,502,00051,968,00039,753,00030,388,000-41,389,00020,412,0008,870,0002,782,0002,965,00022,208,000
Creditors-4,316,00021,229,000-99,000118,00038,000-290,000187,000104,000-5,468,0001,715,0001,262,000498,000-1,819,0003,812,000
Accruals and Deferred Income18,259,000180,481,000249,0009,000-1,096,000894,000170,00096,000-96,612,00037,961,00012,954,0002,655,0003,860,00039,222,000
Deferred Taxes & Provisions48,314,0002,290,000000000-48,644,00021,694,000-6,200,000-12,340,000-2,834,00048,324,000
Cash flow from operations60,328,000374,519,000-84,991,000-2,955,000-11,478,000-52,745,000-40,049,000-33,913,000-106,806,00086,244,00024,104,00010,834,00019,141,00074,084,000
Investing Activities
capital expenditure00000000283,027,000-166,148,000-26,421,0006,579,000-10,940,000-165,337,000
Change in Investments-224,000-146,080,0001,049,00018,424,0000000126,828,0000520,000000
cash flow from investments224,000146,080,000-1,049,000-18,424,0000000156,199,000-166,148,000-26,941,0006,579,000-10,940,000-165,337,000
Financing Activities
Bank loans00000000000000
Group/Directors Accounts11,312,000-19,692,00086,584,00027,187,000-3,984,00062,733,00038,363,0009,623,000000000
Other Short Term Loans 00000000-12,182,0009,475,000-5,567,000-23,865,000-2,005,00034,144,000
Long term loans00000000-123,218,000122,152,000-4,542,000-13,342,000-12,796,00031,746,000
Hire Purchase and Lease Commitments62,0000000000000000
other long term liabilities00000000000000
share issue6,797,00066,438,0000000026,148,000-22,370,00017,477,00031,751,0002,468,0001,881,00075,377,000
interest-9,095,000-6,672,000-564,000-5,737,0001,045,0004,331,0002,116,000-2,248,00074,000-3,715,000-1,156,000-1,642,000-2,139,000300,000
cash flow from financing9,076,00040,074,00086,020,00021,450,000-2,939,00067,064,00040,479,00033,523,000-157,696,000145,389,00020,486,000-36,381,000-15,059,000141,567,000
cash and cash equivalents
cash11,039,00020,111,000-20,00071,000-14,417,00014,319,000140,000-100,000-24,998,000-8,321,00023,471,000-1,288,000957,00010,279,000
overdraft000000-290,000290,000000000
change in cash11,039,00020,111,000-20,00071,000-14,417,00014,319,000430,000-390,000-24,998,000-8,321,00023,471,000-1,288,000957,00010,279,000

advanced computer software group limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Advanced Computer Software Group Limited Competitor Analysis

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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 Shareholders

air bidco limited 100%

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).

officercountryagestartendrole
Mr Adrian AlonsoUnited Kingdom40 years Mar 2015- Director
Mr Maneet SaroyaUnited Kingdom45 years Mar 2015- Director
Mr Philipp SchwalberEngland51 years Oct 2019- Director
Ms Betty HungUnited Kingdom54 years Oct 2019- Director
Mr Philipp Schwalber51 years Oct 2019- Director
Mr Mark RichardsJersey39 years May 2020- Director
Mr Mark RichardsEngland39 years May 2020- Director
Mr Simon WalshEngland53 years Jun 2023- Director
Mr Stephen DewsUnited Kingdom49 years Jun 2023- Director
Mr Antoine LaffontUnited Kingdom29 years Oct 2024- Director

P&L

February 2023

turnover

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 2023

net 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

None

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.

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advanced computer software group limited Companies House Filings - See Documents

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