locus software ltd
locus software ltd Company Information
Company Number
06210075
Next Accounts
Jan 2026
Shareholders
john squire
lorelle barr
Group Structure
View All
Industry
Business and domestic software development
Registered Address
250 fowler avenue, 2nd floor, farnborough, GU14 7JP
Website
www.locussoftware.co.uklocus software ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCUS SOFTWARE LTD at £1.6m based on a Turnover of £2.2m and 0.71x industry multiple (adjusted for size and gross margin).
locus software ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCUS SOFTWARE LTD at £1m based on an EBITDA of £235.8k and a 4.32x industry multiple (adjusted for size and gross margin).
locus software ltd Estimated Valuation
Pomanda estimates the enterprise value of LOCUS SOFTWARE LTD at £0 based on Net Assets of £-114.9k and 2.38x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Locus Software Ltd Overview
Locus Software Ltd is a live company located in farnborough, GU14 7JP with a Companies House number of 06210075. It operates in the business and domestic software development sector, SIC Code 62012. Founded in April 2007, it's largest shareholder is john squire with a 85% stake. Locus Software Ltd is a established, small sized company, Pomanda has estimated its turnover at £2.2m with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Locus Software Ltd Health Check
Pomanda's financial health check has awarded Locus Software Ltd a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £2.2m, make it smaller than the average company (£3.9m)
- Locus Software Ltd
£3.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 45%, show it is growing at a faster rate (11.5%)
- Locus Software Ltd
11.5% - Industry AVG
Production
with a gross margin of 42.4%, this company has a higher cost of product (73.1%)
- Locus Software Ltd
73.1% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (4%)
- Locus Software Ltd
4% - Industry AVG
Employees
with 30 employees, this is similar to the industry average (35)
30 - Locus Software Ltd
35 - Industry AVG
Pay Structure
on an average salary of £69.1k, the company has an equivalent pay structure (£69.1k)
- Locus Software Ltd
£69.1k - Industry AVG
Efficiency
resulting in sales per employee of £74k, this is less efficient (£122k)
- Locus Software Ltd
£122k - Industry AVG
Debtor Days
it gets paid by customers after 113 days, this is later than average (58 days)
- Locus Software Ltd
58 days - Industry AVG
Creditor Days
its suppliers are paid after 238 days, this is slower than average (39 days)
- Locus Software Ltd
39 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Locus Software Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 12 weeks, this is less cash available to meet short term requirements (17 weeks)
12 weeks - Locus Software Ltd
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 112.3%, this is a higher level of debt than the average (59.6%)
112.3% - Locus Software Ltd
59.6% - Industry AVG
LOCUS SOFTWARE LTD financials
Locus Software Ltd's latest turnover from April 2024 is estimated at £2.2 million and the company has net assets of -£114.9 thousand. According to their latest financial statements, Locus Software Ltd has 30 employees and maintains cash reserves of £195.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 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 | 30 | 30 | 29 | 12 | 6 | 6 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 43,664 | 57,462 | 90,049 | 21,768 | 467 | 1,268 | 612 | 1,222 | 1,500 | ||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 43,664 | 57,462 | 90,049 | 21,768 | 467 | 1,268 | 612 | 1,222 | 1,500 | ||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 693,494 | 948,131 | 882,282 | 241,040 | 252,905 | 74,910 | 70,586 | 19,931 | 12,487 | 2,789 | 1,454 | 8,763 | 8,815 | 4,443 | 59,566 |
| Group Debtors | |||||||||||||||
| Misc Debtors | 9,520 | 1,880 | |||||||||||||
| Cash | 195,438 | 83,415 | 35,725 | 34,355 | 57,156 | 15,475 | 11,486 | 92 | 15,810 | 14,809 | 9,046 | 12,107 | 24,336 | 2,593 | 7,195 |
| misc current assets | 245 | 1,199 | 1,755 | 1,073 | 1,193 | ||||||||||
| total current assets | 888,932 | 1,031,546 | 918,007 | 275,395 | 310,061 | 90,385 | 82,072 | 20,023 | 28,542 | 18,797 | 12,255 | 21,943 | 34,344 | 16,556 | 68,641 |
| total assets | 932,596 | 1,089,008 | 1,008,056 | 297,163 | 310,528 | 90,385 | 82,072 | 21,291 | 28,542 | 19,409 | 13,477 | 21,943 | 34,344 | 16,556 | 70,141 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 838,039 | 977,917 | 757,988 | 311,915 | 372,470 | 327,685 | 170,710 | 58,593 | 22,246 | 12,882 | 7,077 | 8,667 | 1,430 | 1,426 | 15,580 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 13,332 | 28,186 | 18,652 | ||||||||||||
| total current liabilities | 838,039 | 977,917 | 757,988 | 311,915 | 372,470 | 327,685 | 170,710 | 58,593 | 22,246 | 12,882 | 7,077 | 8,667 | 14,762 | 29,612 | 34,232 |
| loans | 209,444 | 354,942 | 185,185 | 60,000 | 17,755 | ||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 14,836 | 59,341 | 49,996 | ||||||||||||
| provisions | 5,880 | ||||||||||||||
| total long term liabilities | 209,444 | 354,942 | 191,065 | 14,836 | 59,341 | 49,996 | 60,000 | 17,755 | |||||||
| total liabilities | 1,047,483 | 1,332,859 | 949,053 | 311,915 | 387,306 | 387,026 | 220,706 | 58,593 | 22,246 | 12,882 | 7,077 | 8,667 | 14,762 | 89,612 | 51,987 |
| net assets | -114,887 | -243,851 | 59,003 | -14,752 | -76,778 | -296,641 | -138,634 | -37,302 | 6,296 | 6,527 | 6,400 | 13,276 | 19,582 | -73,056 | 18,154 |
| total shareholders funds | -114,887 | -243,851 | 59,003 | -14,752 | -76,778 | -296,641 | -138,634 | -37,302 | 6,296 | 6,527 | 6,400 | 13,276 | 19,582 | -73,056 | 18,154 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 27,937 | 33,039 | 22,011 | 8,853 | 133 | 1,268 | 1,550 | 612 | 610 | 1,500 | |||||
| Amortisation | 610 | ||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -254,637 | 65,849 | 641,242 | -11,865 | 177,995 | 4,324 | 50,655 | 7,444 | 9,698 | 1,335 | -7,309 | -52 | -5,148 | -47,483 | 61,446 |
| Creditors | -139,878 | 219,929 | 446,073 | -60,555 | 44,785 | 156,975 | 112,117 | 36,347 | 9,364 | 5,805 | -1,590 | 7,237 | 4 | -14,154 | 15,580 |
| Accruals and Deferred Income | -13,332 | -14,854 | 9,534 | 18,652 | |||||||||||
| Deferred Taxes & Provisions | -5,880 | 5,880 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -145,498 | 169,757 | 185,185 | -60,000 | 42,245 | 17,755 | |||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -14,836 | -44,505 | 9,345 | 49,996 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 112,023 | 47,690 | 1,370 | -22,801 | 41,681 | 3,989 | 11,394 | -15,718 | 1,001 | 5,763 | -3,061 | -12,229 | 21,743 | -4,602 | 7,195 |
| overdraft | |||||||||||||||
| change in cash | 112,023 | 47,690 | 1,370 | -22,801 | 41,681 | 3,989 | 11,394 | -15,718 | 1,001 | 5,763 | -3,061 | -12,229 | 21,743 | -4,602 | 7,195 |
locus software ltd Credit Report and Business Information
Locus Software Ltd Competitor Analysis
Perform a competitor analysis for locus software ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in GU14 area or any other competitors across 12 key performance metrics.
locus software ltd Ownership
LOCUS SOFTWARE LTD group structure
Locus Software Ltd has no subsidiary companies.
Ultimate parent company
LOCUS SOFTWARE LTD
06210075
locus software ltd directors
Locus Software Ltd currently has 2 directors. The longest serving directors include Mr John Squire (Apr 2007) and Mr Arthur Vonchek (Aug 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Squire | England | 53 years | Apr 2007 | - | Director |
| Mr Arthur Vonchek | 69 years | Aug 2017 | - | Director |
P&L
April 2024turnover
2.2m
-11%
operating profit
207.9k
0%
gross margin
42.4%
+1.54%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
-114.9k
-0.53%
total assets
932.6k
-0.14%
cash
195.4k
+1.34%
net assets
Total assets minus all liabilities
locus software ltd company details
company number
06210075
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
incorporation date
April 2007
age
18
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
April 2024
previous names
N/A
accountant
-
auditor
-
address
250 fowler avenue, 2nd floor, farnborough, GU14 7JP
Bank
-
Legal Advisor
-
locus software ltd 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 2 charges/mortgages relating to locus software ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
locus software 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.
Click to start generating capital raising & share issue transactions for LOCUS SOFTWARE LTD. This can take several minutes, an email will notify you when this has completed.
locus software ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
