flexera software limited

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flexera software limited Company Information

Share FLEXERA SOFTWARE LIMITED

Company Number

06524874

Directors

James Ryan

Kraig Washburn

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Shareholders

flexera software holdings limited

Group Structure

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Industry

Business and domestic software development

 +2

Registered Address

2nd floor, the capitol building, bracknell, RG12 8FZ

flexera software limited Estimated Valuation

£133.5m

Pomanda estimates the enterprise value of FLEXERA SOFTWARE LIMITED at £133.5m based on a Turnover of £92.9m and 1.44x industry multiple (adjusted for size and gross margin).

flexera software limited Estimated Valuation

£36.5m

Pomanda estimates the enterprise value of FLEXERA SOFTWARE LIMITED at £36.5m based on an EBITDA of £4.3m and a 8.59x industry multiple (adjusted for size and gross margin).

flexera software limited Estimated Valuation

£142.7m

Pomanda estimates the enterprise value of FLEXERA SOFTWARE LIMITED at £142.7m based on Net Assets of £60.3m and 2.36x industry multiple (adjusted for liquidity).

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Flexera Software Limited Overview

Flexera Software Limited is a live company located in bracknell, RG12 8FZ with a Companies House number of 06524874. It operates in the business and domestic software development sector, SIC Code 62012. Founded in March 2008, it's largest shareholder is flexera software holdings limited with a 100% stake. Flexera Software Limited is a established, large sized company, Pomanda has estimated its turnover at £92.9m with healthy growth in recent years.

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Flexera Software Limited Health Check

Pomanda's financial health check has awarded Flexera Software Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £92.9m, make it larger than the average company (£4.7m)

£92.9m - Flexera Software Limited

£4.7m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (8.2%)

7% - Flexera Software Limited

8.2% - Industry AVG

production

Production

with a gross margin of 31.9%, this company has a higher cost of product (60.3%)

31.9% - Flexera Software Limited

60.3% - Industry AVG

profitability

Profitability

an operating margin of 4.3% make it as profitable than the average company (4.5%)

4.3% - Flexera Software Limited

4.5% - Industry AVG

employees

Employees

with 189 employees, this is above the industry average (33)

189 - Flexera Software Limited

33 - Industry AVG

paystructure

Pay Structure

on an average salary of £108.1k, the company has a higher pay structure (£71.8k)

£108.1k - Flexera Software Limited

£71.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £491.5k, this is more efficient (£145.5k)

£491.5k - Flexera Software Limited

£145.5k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 159 days, this is later than average (57 days)

159 days - Flexera Software Limited

57 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (35 days)

2 days - Flexera Software Limited

35 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 0 days, this is less than average (13 days)

0 days - Flexera Software Limited

13 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (16 weeks)

2 weeks - Flexera Software Limited

16 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 65.2%, this is a similar level of debt than the average (59.8%)

65.2% - Flexera Software Limited

59.8% - Industry AVG

FLEXERA SOFTWARE LIMITED financials

EXPORTms excel logo

Flexera Software Limited's latest turnover from December 2023 is £92.9 million and the company has net assets of £60.3 million. According to their latest financial statements, Flexera Software Limited has 189 employees and maintains cash reserves of £5 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover92,891,00086,331,00086,358,00076,892,00078,029,00068,064,00058,765,00050,098,00043,966,00040,855,00038,001,00033,461,00029,793,00024,865,00018,272,000
Other Income Or Grants000000000000000
Cost Of Sales63,220,00062,753,00059,925,00049,687,00050,235,00039,307,00038,597,00026,883,00025,715,00027,508,00025,342,00021,956,00019,530,00015,895,00012,003,000
Gross Profit29,671,00023,578,00026,433,00027,205,00027,794,00028,757,00020,168,00023,215,00018,251,00013,347,00012,659,00011,505,00010,263,0008,970,0006,269,000
Admin Expenses25,678,00019,985,00022,746,00024,009,00024,572,00026,091,00017,643,00021,083,00016,686,00010,970,00011,799,0009,990,0009,849,0008,228,0006,596,000
Operating Profit3,993,0003,593,0003,687,0003,196,0003,222,0002,666,0002,525,0002,132,0001,565,0002,377,000860,0001,515,000414,000742,000-327,000
Interest Payable0060,000644,000806,0001,155,0001,293,0001,223,00014,0006,00025,000213,000339,000355,000343,000
Interest Receivable3,598,0002,074,0001,700,0001,731,0002,152,0002,313,0001,782,0001,721,000203,00001,0003,00017,00014,00023,000
Pre-Tax Profit7,591,0005,667,0005,327,0004,283,0004,568,0003,824,0003,014,0002,630,0001,754,0002,526,0001,274,0001,118,000-144,000166,000-23,000
Tax-995,000-1,150,000-454,000-351,000-453,000-532,000-496,000-417,000-1,430,000-75,000-169,000-169,000-204,000-59,0000
Profit After Tax6,596,0004,517,0004,873,0003,932,0004,115,0003,292,0002,518,0002,213,000324,0002,451,0001,105,000949,000-348,000107,000-23,000
Dividends Paid000000000000000
Retained Profit6,596,0004,517,0004,873,0003,932,0004,115,0003,292,0002,518,0002,213,000324,0002,451,0001,105,000949,000-348,000107,000-23,000
Employee Costs20,430,00019,431,00018,596,00017,309,00018,422,00031,019,00016,133,00015,014,00012,855,00014,521,00012,881,00010,380,0009,254,0007,376,0004,888,000
Number Of Employees1891992072142111761521351281461271171078984
EBITDA*4,253,0004,154,0004,574,0004,041,0004,002,0003,432,0003,650,0003,290,0002,701,0003,649,0001,950,0002,573,0001,453,0001,814,000570,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets287,000958,0001,314,000971,0001,599,000916,0001,176,000663,000991,0001,074,000658,000528,000487,000605,000625,000
Intangible Assets14,00039,00064,000011,00042,000240,000938,0001,636,0003,035,0003,928,0004,821,0005,714,0006,607,0007,271,000
Investments & Other19,966,00019,966,00019,966,00019,966,00019,966,00019,966,0001,604,0001,628,0001,628,000000000
Debtors (Due After 1 year)4,269,0004,027,0003,906,0003,789,0003,365,00000388,000258,000000000
Total Fixed Assets24,536,00024,990,00025,250,00024,726,00024,941,00020,924,0003,020,0003,617,0004,513,0004,109,0004,586,0005,349,0006,201,0007,212,0007,896,000
Stock & work in progress56,00023,00074,000135,00080,00040,00016,00071,00098,00017,00010,00029,00027,00030,00043,000
Trade Debtors40,667,00033,300,00096,428,00029,318,00030,093,00022,632,00021,039,00020,818,00016,144,00012,385,0009,329,00011,151,0007,219,0007,643,0004,728,000
Group Debtors99,766,00075,736,000078,251,00061,642,00048,476,00035,531,00016,025,00014,376,0000001,157,0001,701,0000
Misc Debtors3,337,0002,869,000128,0002,052,0001,946,000720,000940,000441,000406,000408,000341,000328,000390,000414,000270,000
Cash4,959,0005,306,0007,102,0005,610,0002,954,00011,728,0004,331,0001,700,0007,740,00017,676,0006,891,0002,699,0001,851,0002,397,0002,241,000
misc current assets000359,00000000000000
total current assets148,785,000117,234,000103,732,000115,725,00096,715,00083,596,00061,857,00039,055,00038,764,00030,486,00016,571,00014,207,00010,644,00012,185,0007,282,000
total assets173,321,000142,224,000128,982,000140,451,000121,656,000104,520,00064,877,00042,672,00043,277,00034,595,00021,157,00019,556,00016,845,00019,397,00015,178,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 511,00081,608,000346,0002,927,000375,000328,000773,000448,000253,000241,000612,000434,000131,000105,000110,000
Group/Directors Accounts56,724,000032,265,00047,246,00040,145,00037,724,00019,371,0006,170,00017,931,00011,971,0002,616,0003,925,0004,918,0008,520,0006,563,000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities49,771,000041,468,00041,167,00035,848,00037,015,00030,164,00025,633,00019,115,00016,063,00013,807,00012,491,00010,865,0009,450,0006,745,000
total current liabilities107,006,00081,608,00074,079,00091,340,00076,368,00075,067,00050,308,00032,251,00037,299,00028,275,00017,035,00016,850,00015,914,00018,075,00013,418,000
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income4,400,0005,318,0004,605,0004,744,0004,853,0004,717,0005,400,0003,770,0001,540,0001,340,0001,518,0001,203,000377,000257,00066,000
other liabilities000000000000000
provisions1,568,0001,550,0001,066,0000000000000163,000899,000
total long term liabilities5,968,0006,868,0005,671,0004,744,0004,853,0004,717,0005,400,0003,770,0001,540,0001,340,0001,518,0001,203,000377,000420,000965,000
total liabilities112,974,00088,476,00079,750,00096,084,00081,221,00079,784,00055,708,00036,021,00038,839,00029,615,00018,553,00018,053,00016,291,00018,495,00014,383,000
net assets60,347,00053,748,00049,232,00044,367,00040,435,00024,736,0009,169,0006,651,0004,438,0004,980,0002,604,0001,503,000554,000902,000795,000
total shareholders funds60,347,00053,748,00049,232,00044,367,00040,435,00024,736,0009,169,0006,651,0004,438,0004,980,0002,604,0001,503,000554,000902,000795,000
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit3,993,0003,593,0003,687,0003,196,0003,222,0002,666,0002,525,0002,132,0001,565,0002,377,000860,0001,515,000414,000742,000-327,000
Depreciation235,000536,000876,000834,000748,000568,000427,000460,000434,000379,000197,000165,000146,000156,000170,000
Amortisation25,00025,00011,00011,00032,000198,000698,000698,000702,000893,000893,000893,000893,000916,000727,000
Tax-995,000-1,150,000-454,000-351,000-453,000-532,000-496,000-417,000-1,430,000-75,000-169,000-169,000-204,000-59,0000
Stock33,000-51,000-61,00055,00040,00024,000-55,000-27,00081,0007,000-19,0002,000-3,000-13,00043,000
Debtors32,107,00015,470,000-12,948,00016,364,00025,218,00014,318,00019,838,0006,488,00018,391,0003,123,000-1,809,0002,713,000-992,0004,760,0004,998,000
Creditors-81,097,00081,262,000-2,581,0002,552,00047,000-445,000325,000195,00012,000-371,000178,000303,00026,000-5,000110,000
Accruals and Deferred Income48,853,000-40,755,000162,0005,210,000-1,031,0006,168,0006,161,0008,748,0003,252,0002,078,0001,631,0002,452,0001,535,0002,896,0006,811,000
Deferred Taxes & Provisions18,000484,0001,066,000000000000-163,000-736,000899,000
Cash flow from operations-61,108,00028,576,00015,776,000-4,967,000-22,693,000-5,719,000-10,143,0005,355,000-13,937,0002,151,0005,418,0002,444,0003,642,000-837,0003,349,000
Investing Activities
capital expenditure436,000-180,000-1,294,000-206,000-1,432,000-308,000-940,000-132,000346,000-794,000-327,000-206,000-28,000-136,000-43,000
Change in Investments0000018,362,000-24,00001,628,000000000
cash flow from investments436,000-180,000-1,294,000-206,000-1,432,000-18,670,000-916,000-132,000-1,282,000-794,000-327,000-206,000-28,000-136,000-43,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts56,724,000-32,265,000-14,981,0007,101,0002,421,00018,353,00013,201,000-11,761,0005,960,0009,355,000-1,309,000-993,000-3,602,0001,957,0006,563,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue3,000-1,000-8,000011,584,00012,275,00000-866,000-75,000-4,000000818,000
interest3,598,0002,074,0001,640,0001,087,0001,346,0001,158,000489,000498,000189,000-6,000-24,000-210,000-322,000-341,000-320,000
cash flow from financing60,325,000-30,192,000-13,349,0008,188,00015,351,00031,786,00013,690,000-11,263,0005,283,0009,274,000-1,337,000-1,203,000-3,924,0001,616,0007,061,000
cash and cash equivalents
cash-347,000-1,796,0001,492,0002,656,000-8,774,0007,397,0002,631,000-6,040,000-9,936,00010,785,0004,192,000848,000-546,000156,0002,241,000
overdraft000000000000000
change in cash-347,000-1,796,0001,492,0002,656,000-8,774,0007,397,0002,631,000-6,040,000-9,936,00010,785,0004,192,000848,000-546,000156,0002,241,000

flexera software limited Credit Report and Business Information

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Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Flexera Software Limited Competitor Analysis

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Perform a competitor analysis for flexera software limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other large companies, companies in RG12 area or any other competitors across 12 key performance metrics.

flexera software limited Ownership

FLEXERA SOFTWARE LIMITED group structure

Flexera Software Limited has no subsidiary companies.

Ultimate parent company

FLEXERA HOLDINGS LP

#0023339

2 parents

FLEXERA SOFTWARE LIMITED

06524874

FLEXERA SOFTWARE LIMITED Shareholders

flexera software holdings limited 100%

flexera software limited directors

Flexera Software Limited currently has 4 directors. The longest serving directors include Mr James Ryan (Apr 2008) and Mr Kraig Washburn (Dec 2015).

officercountryagestartendrole
Mr James RyanUnited Kingdom58 years Apr 2008- Director
Mr Kraig WashburnUnited Kingdom53 years Dec 2015- Director
Mr Daniel SandersUnited Kingdom41 years Jun 2020- Director
Mr David Zwick54 years Jul 2020- Director

P&L

December 2023

turnover

92.9m

+8%

operating profit

4m

+11%

gross margin

32%

+16.95%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

60.3m

+0.12%

total assets

173.3m

+0.22%

cash

5m

-0.07%

net assets

Total assets minus all liabilities

flexera software limited company details

company number

06524874

Type

Private limited with Share Capital

industry

63110 - Data processing, hosting and related activities

62012 - Business and domestic software development

62020 - Computer consultancy activities

incorporation date

March 2008

age

17

incorporated

UK

ultimate parent company

FLEXERA HOLDINGS LP

accounts

Audit Exemption Subsidiary

last accounts submitted

December 2023

previous names

acresso software limited (October 2009)

accountant

CROWE UK LLP

auditor

-

address

2nd floor, the capitol building, bracknell, RG12 8FZ

Bank

THE ROYAL BANK OF SCOTLAND PLC, THE ROYAL BANK OF SCOTLAND PLC

Legal Advisor

BRISTOWS LLP

flexera 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 flexera software limited. Currently there are 1 open charges and 0 have been satisfied in the past.

flexera software 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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flexera software limited Companies House Filings - See Documents

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