high level software ltd
high level software ltd Company Information
Company Number
08528572
Next Accounts
Sep 2025
Shareholders
kendon capital ltd
Group Structure
View All
Industry
Business and domestic software development
+1Registered Address
unit 1 115 innovation drive, milton park, milton, abingdon, OX14 4RZ
Website
www.high-level-software.comhigh level software ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGH LEVEL SOFTWARE LTD at £549.8k based on a Turnover of £1m and 0.54x industry multiple (adjusted for size and gross margin).
high level software ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGH LEVEL SOFTWARE LTD at £0 based on an EBITDA of £-608.4k and a 3.72x industry multiple (adjusted for size and gross margin).
high level software ltd Estimated Valuation
Pomanda estimates the enterprise value of HIGH LEVEL SOFTWARE LTD at £0 based on Net Assets of £-4.5m and 2.52x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
High Level Software Ltd Overview
High Level Software Ltd is a live company located in abingdon, OX14 4RZ with a Companies House number of 08528572. It operates in the business and domestic software development sector, SIC Code 62012. Founded in May 2013, it's largest shareholder is kendon capital ltd with a 100% stake. High Level Software Ltd is a established, small sized company, Pomanda has estimated its turnover at £1m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
High Level Software Ltd Health Check
Pomanda's financial health check has awarded High Level Software Ltd a 0.5 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 8 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
8 Weak
Size
annual sales of £1m, make it smaller than the average company (£2.7m)
- High Level Software Ltd
£2.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (9.3%)
- High Level Software Ltd
9.3% - Industry AVG
Production
with a gross margin of 33.6%, this company has a higher cost of product (65.3%)
- High Level Software Ltd
65.3% - Industry AVG
Profitability
an operating margin of -59.8% make it less profitable than the average company (5.4%)
- High Level Software Ltd
5.4% - Industry AVG
Employees
with 24 employees, this is similar to the industry average (24)
24 - High Level Software Ltd
24 - Industry AVG
Pay Structure
on an average salary of £64.5k, the company has an equivalent pay structure (£64.5k)
- High Level Software Ltd
£64.5k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is less efficient (£127.6k)
- High Level Software Ltd
£127.6k - Industry AVG
Debtor Days
it gets paid by customers after 65 days, this is near the average (61 days)
- High Level Software Ltd
61 days - Industry AVG
Creditor Days
its suppliers are paid after 26 days, this is quicker than average (33 days)
- High Level Software Ltd
33 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- High Level Software Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (20 weeks)
1 weeks - High Level Software Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1409.5%, this is a higher level of debt than the average (59.3%)
1409.5% - High Level Software Ltd
59.3% - Industry AVG
HIGH LEVEL SOFTWARE LTD financials
High Level Software Ltd's latest turnover from December 2023 is estimated at £1 million and the company has net assets of -£4.5 million. According to their latest financial statements, High Level Software Ltd has 24 employees and maintains cash reserves of £110.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,268,634 | 1,136,927 | 554,657 | 229,608 | ||||||
| Other Income Or Grants | 0 | 0 | 0 | 0 | ||||||
| Cost Of Sales | 338,570 | 286,054 | 160,840 | 86,544 | ||||||
| Gross Profit | 930,064 | 850,873 | 393,817 | 143,064 | ||||||
| Admin Expenses | 828,645 | 465,032 | ||||||||
| Operating Profit | -434,828 | -321,968 | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | ||||||
| Interest Receivable | 0 | 0 | 0 | 2,561 | ||||||
| Pre-Tax Profit | -373,075 | -130,902 | -434,828 | -319,407 | ||||||
| Tax | -7,410 | -8,540 | 49,225 | 22,712 | ||||||
| Profit After Tax | -380,485 | -139,442 | -385,603 | -296,695 | ||||||
| Dividends Paid | 0 | 0 | 0 | 0 | ||||||
| Retained Profit | -380,485 | -139,442 | -385,603 | -296,695 | ||||||
| Employee Costs | ||||||||||
| Number Of Employees | 24 | 21 | 24 | 28 | 27 | 20 | 11 | 10 | ||
| EBITDA* | -429,133 | -320,556 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 3,495 | 6,977 | 7,569 | 18,931 | 28,524 | 24,222 | 24,876 | 2,575 | 3,537 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 3,495 | 6,977 | 7,569 | 18,931 | 28,524 | 24,222 | 24,876 | 2,575 | 3,537 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 183,949 | 212,733 | 93,883 | 100,166 | 29,307 | 20,235 | 440 | 7,993 | 88,331 | 85,392 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 49,016 | 34,049 | 111,098 | 71,412 | 112,652 | 118,604 | 33,380 | 136,601 | 0 | 0 |
| Cash | 110,726 | 98,372 | 19,225 | 182,305 | 188,039 | 442,037 | 117,846 | 22,425 | 10,146 | 13,588 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 343,691 | 345,154 | 224,206 | 353,883 | 329,998 | 580,876 | 151,666 | 167,019 | 98,477 | 98,980 |
| total assets | 347,186 | 352,131 | 231,775 | 372,814 | 358,522 | 605,098 | 176,542 | 169,594 | 102,014 | 98,980 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 48,692 | 69,911 | 35,804 | 44,755 | 66,068 | 79,274 | 35,775 | 41,361 | 73,409 | 86,509 |
| Group/Directors Accounts | 3,154,401 | 2,504,953 | 2,143,960 | 6,030 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 3,517,471 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 251,327 | 278,086 | 172,345 | 224,730 | 3,122,399 | 2,396,156 | 1,482,051 | 12,650 | 0 | 0 |
| total current liabilities | 3,454,420 | 2,852,950 | 2,352,109 | 3,792,986 | 3,188,467 | 2,475,430 | 1,517,826 | 54,011 | 73,409 | 86,509 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 1,439,280 | 1,439,280 | 1,439,280 | 0 | 0 | 0 | 0 | 1,071,264 | 687,591 | 362,591 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 1,439,280 | 1,439,280 | 1,439,280 | 0 | 0 | 0 | 0 | 1,071,264 | 687,591 | 362,591 |
| total liabilities | 4,893,700 | 4,292,230 | 3,791,389 | 3,792,986 | 3,188,467 | 2,475,430 | 1,517,826 | 1,125,275 | 761,000 | 449,100 |
| net assets | -4,546,514 | -3,940,099 | -3,559,614 | -3,420,172 | -2,829,945 | -1,870,332 | -1,341,284 | -955,681 | -658,986 | -350,120 |
| total shareholders funds | -4,546,514 | -3,940,099 | -3,559,614 | -3,420,172 | -2,829,945 | -1,870,332 | -1,341,284 | -955,681 | -658,986 | -350,120 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Dec 2015 | Dec 2014 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -434,828 | -321,968 | ||||||||
| Depreciation | 3,482 | 4,994 | 11,824 | 17,402 | 9,935 | 10,567 | 5,695 | 1,412 | 515 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -7,410 | -8,540 | 49,225 | 22,712 | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -13,817 | 41,801 | 33,403 | 29,619 | 3,120 | 105,019 | 33,820 | 56,263 | 88,331 | 85,392 |
| Creditors | -21,219 | 34,107 | -8,951 | -21,313 | -13,206 | 43,499 | 35,775 | -32,048 | 73,409 | 86,509 |
| Accruals and Deferred Income | -26,759 | 105,741 | -52,385 | -2,897,669 | 726,243 | 914,105 | 1,482,051 | 12,650 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 1,104,098 | -373,505 | ||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 649,448 | 360,993 | 2,137,930 | 6,030 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | -3,517,471 | 3,517,471 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 1,439,280 | 0 | 0 | 0 | 0 | 383,673 | 687,591 | 362,591 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 2,561 | ||||||
| cash flow from financing | 360,993 | 59,739 | -955,681 | 386,234 | ||||||
| cash and cash equivalents | ||||||||||
| cash | 12,354 | 79,147 | -163,080 | -5,734 | -253,998 | 324,191 | 117,846 | 12,279 | 10,146 | 13,588 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 12,354 | 79,147 | -163,080 | -5,734 | -253,998 | 324,191 | 117,846 | 12,279 | 10,146 | 13,588 |
high level software ltd Credit Report and Business Information
High Level Software Ltd Competitor Analysis
Perform a competitor analysis for high level software ltd by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in OX14 area or any other competitors across 12 key performance metrics.
high level software ltd Ownership
HIGH LEVEL SOFTWARE LTD group structure
High Level Software Ltd has no subsidiary companies.
Ultimate parent company
2 parents
HIGH LEVEL SOFTWARE LTD
08528572
high level software ltd directors
High Level Software Ltd currently has 2 directors. The longest serving directors include Mr Stuart McLean (Oct 2016) and Mr Howard McLean (Sep 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart McLean | 62 years | Oct 2016 | - | Director | |
| Mr Howard McLean | Scotland | 67 years | Sep 2023 | - | Director |
P&L
December 2023turnover
1m
-19%
operating profit
-611.9k
0%
gross margin
33.7%
-54.16%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-4.5m
+0.15%
total assets
347.2k
-0.01%
cash
110.7k
+0.13%
net assets
Total assets minus all liabilities
Similar Companies
high level software ltd company details
company number
08528572
Type
Private limited with Share Capital
industry
62012 - Business and domestic software development
70229 - Management consultancy activities (other than financial management)
incorporation date
May 2013
age
12
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
December 2023
previous names
N/A
accountant
RSM UK TAX AND ACCOUNTING LIMITED
auditor
-
address
unit 1 115 innovation drive, milton park, milton, abingdon, OX14 4RZ
Bank
-
Legal Advisor
-
high level 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 1 charges/mortgages relating to high level software ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
high level 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 HIGH LEVEL SOFTWARE LTD. This can take several minutes, an email will notify you when this has completed.
high level software ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
