kore software limited
kore software limited Company Information
Company Number
10435920
Next Accounts
Sep 2025
Shareholders
sponserve group pty ltd
Group Structure
View All
Industry
Other business support service activities n.e.c.
Registered Address
16 great queen street, london, WC2B 5AH
Website
koresoftware.comkore software limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SOFTWARE LIMITED at £927.7k based on a Turnover of £1.6m and 0.57x industry multiple (adjusted for size and gross margin).
kore software limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SOFTWARE LIMITED at £176.4k based on an EBITDA of £42.3k and a 4.17x industry multiple (adjusted for size and gross margin).
kore software limited Estimated Valuation
Pomanda estimates the enterprise value of KORE SOFTWARE LIMITED at £240.4k based on Net Assets of £112.7k and 2.13x industry multiple (adjusted for liquidity).
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Kore Software Limited Overview
Kore Software Limited is a live company located in london, WC2B 5AH with a Companies House number of 10435920. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in October 2016, it's largest shareholder is sponserve group pty ltd with a 100% stake. Kore Software Limited is a young, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Kore Software Limited Health Check
Pomanda's financial health check has awarded Kore Software Limited a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
7 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£4.8m)
- Kore Software Limited
£4.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (6.6%)
- Kore Software Limited
6.6% - Industry AVG
Production
with a gross margin of 38.3%, this company has a comparable cost of product (38.3%)
- Kore Software Limited
38.3% - Industry AVG
Profitability
an operating margin of 2.5% make it less profitable than the average company (5.7%)
- Kore Software Limited
5.7% - Industry AVG
Employees
with 10 employees, this is below the industry average (27)
10 - Kore Software Limited
27 - Industry AVG
Pay Structure
on an average salary of £54k, the company has an equivalent pay structure (£54k)
- Kore Software Limited
£54k - Industry AVG
Efficiency
resulting in sales per employee of £162.7k, this is equally as efficient (£171.4k)
- Kore Software Limited
£171.4k - Industry AVG
Debtor Days
it gets paid by customers after 66 days, this is later than average (42 days)
- Kore Software Limited
42 days - Industry AVG
Creditor Days
its suppliers are paid after 8 days, this is quicker than average (32 days)
- Kore Software Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Kore Software Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (22 weeks)
1 weeks - Kore Software Limited
22 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 93.8%, this is a higher level of debt than the average (62.5%)
93.8% - Kore Software Limited
62.5% - Industry AVG
KORE SOFTWARE LIMITED financials
Kore Software Limited's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of £112.7 thousand. According to their latest financial statements, Kore Software Limited has 10 employees and maintains cash reserves of £49.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| 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 | 10 | 8 | 7 | 7 | 7 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 2,251 | 4,019 | 799 | 1,278 | 672 | 1,770 | |
| Intangible Assets | |||||||
| Investments & Other | |||||||
| Debtors (Due After 1 year) | |||||||
| Total Fixed Assets | 2,251 | 4,019 | 799 | 1,278 | 672 | 1,770 | |
| Stock & work in progress | |||||||
| Trade Debtors | 297,973 | 193,978 | 483,054 | 277,789 | 137,950 | 43,380 | 12,240 |
| Group Debtors | 1,375,710 | 922,390 | 455,993 | 5,993 | 5,992 | ||
| Misc Debtors | 84,351 | 73,128 | 368,973 | 236,970 | 19,092 | 2,326 | 1 |
| Cash | 49,834 | 506,974 | 199,874 | 561,166 | 88,703 | 21,802 | 5,048 |
| misc current assets | |||||||
| total current assets | 1,807,868 | 1,696,470 | 1,507,894 | 1,081,918 | 251,737 | 67,508 | 17,289 |
| total assets | 1,810,119 | 1,700,489 | 1,508,693 | 1,083,196 | 252,409 | 69,278 | 17,289 |
| Bank overdraft | |||||||
| Bank loan | |||||||
| Trade Creditors | 24,493 | 677 | 3,736 | 14,470 | |||
| Group/Directors Accounts | 1,104,957 | 1,102,570 | 662,182 | 433,388 | 222,911 | 60,485 | |
| other short term finances | |||||||
| hp & lease commitments | |||||||
| other current liabilities | 567,952 | 525,864 | 876,623 | 695,364 | 166,433 | 74,479 | 11,709 |
| total current liabilities | 1,697,402 | 1,629,111 | 1,538,805 | 1,132,488 | 389,344 | 149,434 | 11,709 |
| loans | |||||||
| hp & lease commitments | |||||||
| Accruals and Deferred Income | |||||||
| other liabilities | |||||||
| provisions | |||||||
| total long term liabilities | |||||||
| total liabilities | 1,697,402 | 1,629,111 | 1,538,805 | 1,132,488 | 389,344 | 149,434 | 11,709 |
| net assets | 112,717 | 71,378 | -30,112 | -49,292 | -136,935 | -80,156 | 5,580 |
| total shareholders funds | 112,717 | 71,378 | -30,112 | -49,292 | -136,935 | -80,156 | 5,580 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Jun 2018 | Jun 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 1,768 | 939 | 479 | 644 | 1,098 | 196 | |
| Amortisation | |||||||
| Tax | |||||||
| Stock | |||||||
| Debtors | 568,538 | -118,524 | 787,268 | 357,718 | 117,328 | 33,465 | 12,241 |
| Creditors | 23,816 | 677 | -3,736 | 3,736 | -14,470 | 14,470 | |
| Accruals and Deferred Income | 42,088 | -350,759 | 181,259 | 528,931 | 91,954 | 62,770 | 11,709 |
| Deferred Taxes & Provisions | |||||||
| Cash flow from operations | |||||||
| Investing Activities | |||||||
| capital expenditure | |||||||
| Change in Investments | |||||||
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | |||||||
| Group/Directors Accounts | 2,387 | 440,388 | 228,794 | 210,477 | 162,426 | 60,485 | |
| Other Short Term Loans | |||||||
| Long term loans | |||||||
| Hire Purchase and Lease Commitments | |||||||
| other long term liabilities | |||||||
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -457,140 | 307,100 | -361,292 | 472,463 | 66,901 | 16,754 | 5,048 |
| overdraft | |||||||
| change in cash | -457,140 | 307,100 | -361,292 | 472,463 | 66,901 | 16,754 | 5,048 |
kore software limited Credit Report and Business Information
Kore Software Limited Competitor Analysis
Perform a competitor analysis for kore software limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in WC2B area or any other competitors across 12 key performance metrics.
kore software limited Ownership
KORE SOFTWARE LIMITED group structure
Kore Software Limited has no subsidiary companies.
Ultimate parent company
SPONSERVE GROUP PTY LTD
#0106599
1 parent
KORE SOFTWARE LIMITED
10435920
kore software limited directors
Kore Software Limited currently has 2 directors. The longest serving directors include Mr Tim Thomas (Oct 2024) and Mr Gareth Balch (Oct 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Tim Thomas | United Kingdom | 52 years | Oct 2024 | - | Director |
| Mr Gareth Balch | United Kingdom | 41 years | Oct 2024 | - | Director |
P&L
December 2023turnover
1.6m
+54%
operating profit
40.5k
0%
gross margin
38.3%
-0.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
112.7k
+0.58%
total assets
1.8m
+0.06%
cash
49.8k
-0.9%
net assets
Total assets minus all liabilities
Similar Companies
kore software limited company details
company number
10435920
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
October 2016
age
9
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2023
previous names
sponserve ltd (May 2019)
accountant
-
auditor
BLICK ROTHENBERG AUDIT LLP
address
16 great queen street, london, WC2B 5AH
Bank
-
Legal Advisor
-
kore 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 did not find charges/mortgages relating to kore software limited.
kore 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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kore software limited Companies House Filings - See Documents
| date | description | view/download |
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