PRECISELY SOFTWARE LIMITED

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

• Turnover

  -3.2%

  £119,704,501 → £115,912,436

• Cash

  -57.6%

  £21,436,160 → £9,098,251

• Net assets

  -19.7%

  £38,089,332 → £30,569,229

• Employees

  -2.2%

  365 → 357

• Operating profit

  -25.3%

  £16,906,852 → £12,624,888

• Profit before tax

  -21.7%

  £16,885,473 → £13,225,861

• Wages

  +6.2%

  £34,102,621 → £36,221,323

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. 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.

1. PRECISELY SOFTWARE LIMITED 2021-04-22 → present
2. SYNCSORT LIMITED 1991-11-26 → 2021-04-22
3. SYNCSORT TECHNOLOGY LIMITED 1978-12-31 → 1991-11-26
4. PINEND LIMITED 1978-06-13 → 1978-12-31

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The Group's forecast and projections, taking account of reasonably possible changes in trading performance, show that the Group should be able to operate within the level of its current facilities. After making enquiries, the director has a reasonable expectation that Group has adequate resource to continue in operational existence for the foreseeable future. Precisely Software Incorporated has stated that it intends to provide adequate financial support to enable the Group to meet its financial obligations as they fall due to the extent required to eliminate the obligation of the Company's French, German and Singapore subsidiaries to file for insolvency proceedings for reasons of an imminent illiquidity, existing illiquidity or over indebtedness for a period of at least twelve months from the date of signing of the consolidated financial statements. The Group therefore continues to adopt the going concern basis in preparing its consolidated financial statements.”

Group structure

1. PRECISELY SOFTWARE LIMITED · parent
   1. Precisely Software SAS 1% · France · Development and sale of software products and provision of related services
   2. Precisely Software GmbH 1% · Germany · Development and sale of software products and provision of related services
   3. Precisely Software and Data Singapore Pte. Ltd. 1% · Singapore · Development and sale of software products and provision of related services
   4. Group 1 Software China Limited 1% · Hong Kong · Development and sale of software products and provision of related services
   5. Winshuttle UK Limited 1% · United Kingdom · Development and sale of software products and provision of related services
   6. QSL Northern Europe BV 1% · The Netherlands · Development and sale of software products and provision of related services
   7. Precisely Software Italy SRL 1% · Italy · Development and sale of software products and provision of related services
   8. Precisely Software Norway AS 1% · Norway · Development and sale of software products and provision of related services
   9. Precisely Software and Data Holdings Limited 1% · United Kingdom · Development and sale of software products and provision of related services

Significant events

• “In June 2024, Precisely Software Limited issued a dividend payment of £12,500,000 to Precisely Software Incorporated. The dividend payment was paid out of the December 2022 available balance of distributable reserves.”
• “In September 2024, Precisely Software and Data Holdings Limited and Winshuttle UK Limited resolved to be wound-up voluntarily, appointed a voluntary liquidator, and are currently in Members' Voluntary Liquidation.”
• “In July 2025, the Company notified approximately 5% of its workforce of furloughs in an effort to restructure operations. The total restructuring charge and related liability was recorded in July 2025 in the amount of £1,100,000, which includes severance pay and fringe benefits to respective employees.”
• “In August 2025, Group 1 Software China Limited was de-registered and dissolved.”

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

Filings

6

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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