softalogic ltd
softalogic ltd Company Information
Company Number
08071383
Website
www.softalogic.comRegistered Address
primera accountants limited, fir, spitalfields house, borehamwood, WD6 2FX
Industry
Tour operator activities
Telephone
-
Next Accounts Due
December 2024
Group Structure
View All
Shareholders
mohammad javad gharizadeh 33.3%
ahmad alkatib 33.3%
View Allsoftalogic ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTALOGIC LTD at £294.6k based on a Turnover of £979k and 0.3x industry multiple (adjusted for size and gross margin).
softalogic ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTALOGIC LTD at £2.5m based on an EBITDA of £1.2m and a 2.11x industry multiple (adjusted for size and gross margin).
softalogic ltd Estimated Valuation
Pomanda estimates the enterprise value of SOFTALOGIC LTD at £167 based on Net Assets of £150 and 1.12x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Softalogic Ltd Overview
Softalogic Ltd is a live company located in borehamwood, WD6 2FX with a Companies House number of 08071383. It operates in the tour operator activities sector, SIC Code 79120. Founded in May 2012, it's largest shareholder is mohammad javad gharizadeh with a 33.3% stake. Softalogic Ltd is a established, small sized company, Pomanda has estimated its turnover at £979k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Softalogic Ltd Health Check
Pomanda's financial health check has awarded Softalogic Ltd a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 2 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
2 Weak
Size
annual sales of £979k, make it smaller than the average company (£9m)
- Softalogic Ltd
£9m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a faster rate (-9.5%)
- Softalogic Ltd
-9.5% - Industry AVG
Production
with a gross margin of 20.5%, this company has a comparable cost of product (20.5%)
- Softalogic Ltd
20.5% - Industry AVG
Profitability
an operating margin of 120.2% make it more profitable than the average company (2.1%)
- Softalogic Ltd
2.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (35)
3 - Softalogic Ltd
35 - Industry AVG
Pay Structure
on an average salary of £41.1k, the company has an equivalent pay structure (£41.1k)
- Softalogic Ltd
£41.1k - Industry AVG
Efficiency
resulting in sales per employee of £326.3k, this is equally as efficient (£326.3k)
- Softalogic Ltd
£326.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Softalogic Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Softalogic Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Softalogic Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 58 weeks, this is more cash available to meet short term requirements (22 weeks)
58 weeks - Softalogic Ltd
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 88.6%, this is a similar level of debt than the average (85.5%)
88.6% - Softalogic Ltd
85.5% - Industry AVG
SOFTALOGIC LTD financials
Softalogic Ltd's latest turnover from March 2023 is estimated at £979 thousand and the company has net assets of £150. According to their latest financial statements, Softalogic Ltd has 3 employees and maintains cash reserves of £1.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 3 | 3 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 255 | 1,067 | 1,879 | 2,691 | 2,651 | 3,335 | 3,080 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 255 | 1,067 | 1,879 | 2,691 | 2,651 | 3,335 | 3,080 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 84,099 | 105,146 | 150 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 1,456 | 1,456 | 2,516 | 4,571 | 0 | 0 | 0 |
| Cash | 1,313 | 1,313 | 1,979 | 2,066 | 3,382 | 3,346 | 2,033 | 28,384 | 57,527 | 8,093 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,313 | 1,313 | 1,979 | 2,066 | 4,838 | 4,802 | 4,549 | 32,955 | 141,626 | 113,239 | 150 |
| total assets | 1,313 | 1,313 | 1,979 | 2,321 | 5,905 | 6,681 | 7,240 | 35,606 | 144,961 | 116,319 | 150 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 1,571,734 | 1,570,746 | 1,568,555 | 860,075 | 14,095 | 202,978 | 0 |
| Group/Directors Accounts | 979 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 184 | 954,038 | 952,698 | 951,592 | 1,384 | 1,334 | 2,334 | 2,334 | 0 | 0 | 0 |
| total current liabilities | 1,163 | 954,038 | 952,698 | 951,592 | 1,573,118 | 1,572,080 | 1,570,889 | 862,409 | 14,095 | 202,978 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 410,103 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 410,103 | 0 | 0 |
| total liabilities | 1,163 | 954,038 | 952,698 | 951,592 | 1,573,118 | 1,572,080 | 1,570,889 | 862,409 | 424,198 | 202,978 | 0 |
| net assets | 150 | -952,725 | -950,719 | -949,271 | -1,567,213 | -1,565,399 | -1,563,649 | -826,803 | -279,237 | -86,659 | 150 |
| total shareholders funds | 150 | -952,725 | -950,719 | -949,271 | -1,567,213 | -1,565,399 | -1,563,649 | -826,803 | -279,237 | -86,659 | 150 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | May 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||
| Operating Profit | |||||||||||
| Depreciation | 0 | 0 | 255 | 812 | 812 | 812 | 813 | 684 | 684 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 0 | 0 | 0 | -1,456 | 0 | -1,060 | -2,055 | -79,528 | -21,047 | 104,996 | 150 |
| Creditors | 0 | 0 | 0 | -1,571,734 | 988 | 2,191 | 708,480 | 845,980 | -188,883 | 202,978 | 0 |
| Accruals and Deferred Income | -953,854 | 1,340 | 1,106 | 950,208 | 50 | -1,000 | 0 | 2,334 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||
| Investing Activities | |||||||||||
| capital expenditure | |||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||
| Financing Activities | |||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 979 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -410,103 | 410,103 | 0 | 0 |
| share issue | |||||||||||
| interest | |||||||||||
| cash flow from financing | |||||||||||
| cash and cash equivalents | |||||||||||
| cash | 0 | -666 | -87 | -1,316 | 36 | 1,313 | -26,351 | -29,143 | 49,434 | 8,093 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -666 | -87 | -1,316 | 36 | 1,313 | -26,351 | -29,143 | 49,434 | 8,093 | 0 |
softalogic ltd Credit Report and Business Information
Softalogic Ltd Competitor Analysis
Perform a competitor analysis for softalogic ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WD6 area or any other competitors across 12 key performance metrics.
softalogic ltd Ownership
SOFTALOGIC LTD group structure
Softalogic Ltd has no subsidiary companies.
Ultimate parent company
SOFTALOGIC LTD
08071383
softalogic ltd directors
Softalogic Ltd currently has 3 directors. The longest serving directors include Mr Mohammad Gharizadeh (May 2012) and Mr Bruno Laranjeiro (May 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mohammad Gharizadeh | England | 40 years | May 2012 | - | Director |
| Mr Bruno Laranjeiro | United Kingdom | 47 years | May 2012 | - | Director |
| Mr Ahmad Alkatib | United Kingdom | 41 years | May 2012 | - | Director |
P&L
March 2023turnover
979k
+302%
operating profit
1.2m
0%
gross margin
20.6%
-9.36%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
150
-1%
total assets
1.3k
0%
cash
1.3k
0%
net assets
Total assets minus all liabilities
softalogic ltd company details
company number
08071383
Type
Private limited with Share Capital
industry
79120 - Tour operator activities
incorporation date
May 2012
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
-
auditor
-
address
primera accountants limited, fir, spitalfields house, borehamwood, WD6 2FX
Bank
-
Legal Advisor
-
softalogic 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 did not find charges/mortgages relating to softalogic ltd.
softalogic ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
