PLANIT SOFTWARE LIMITED

1. PLANIT SOFTWARE LIMITED 2008-08-21 → present
2. LICOM SYSTEMS LIMITED 1987-01-26 → 2008-08-21

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

PricewaterhouseCoopers LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Whilst the Company is forecasting to be profitable and cash generative throughout the 12 months following the approval of these financial statements, as the Company operates as part of a wider cash pool within the Hexagon group, the directors have obtained written confirmation from Hexagon AB that it is able to and will assist the Company in meeting its liabilities as and when they fall due, but only to the extent that funds are not otherwise available to the Company to meet such liabilities, for a period of at least 12 months from the approval of these financial statements, as a result the Directors have concluded that it is appropriate for the company to prepare the financial statements on a going concern basis.”

Group structure

1. PLANIT SOFTWARE LIMITED · parent
   1. Licom Systems Srl 50% · Italy · Software consultancy and supply

Significant events

• “The Company has made provision for planned office closures, with a focus on online delivery of services, this change aligns with valuable feedback we've received from our customers and employees and will ultimately reduce operational overhead allowing for reinvestment in technology to further strengthen our market position.”
• “The Company is committed to an integration program which will exploit synergies as part of the Hexagon Group and promote cross brand integration.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

5

last 12 months

Capital events

1

last 24 months

Officers appointed

1

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +18.2%

  £42,455,000 → £50,169,000

• Cash

  -53.4%

  £116,000 → £54,000

• Net assets

  -4.2%

  £70,733,000 → £67,752,000

• Employees

  -4%

  176 → 169

• Operating profit

  -25%

  £31,206,000 → £23,403,000

• Profit before tax

  -20.8%

  £33,404,000 → £26,453,000

• Wages

  -3.9%

  £9,845,000 → £9,463,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers