Ab Initio Software Limited

Ab Initio Software Limited, based in Weybridge, UK, is a holding company with an active status, celebrating 25 years since its founding in December 1999. The company employs 118 people and holds assets valued at £59,208,265. It operates from a real address and is overseen by three directors and two owners, with a solo founder at its core. A key feature is its e-commerce site, and the company regularly imports and exports machinery, boilers, and mechanical appliances, parts.

The company’s website reveals a focus on providing CRM solutions for the home improvement industry. It offers a range of tools, including a Taskboard for visualising workflows, Pricepoint for creating graphical quotes, and apps for sales, surveys, fitting, and service management. The site emphasizes seamless integration, problem analysis, and customer portals, with a strong emphasis on helping businesses manage leads, contracts, and installations efficiently. There’s a lot of information about the software, and it’s clear that Ab Initio is targeting a specific niche.

Financially, Ab Initio Software Limited shows some concerning trends. While cash and cash equivalents increased significantly by 1300%, reaching £41,000,000, net assets decreased by 9.5% to £41,000,000. Debtor’s ballooned by 62%, reaching £20,000,000, and net losses deepened to -£39,000,000. Bank borrowings decreased by 100% to zero, which is a positive. The company’s small size means it’s likely exempt from an audit, so the figures are unaudited. The increase in debtors could be a sign of delayed payments or extended credit terms, and the significant loss suggests the company is burning through cash despite increased revenue.

The company's auditor is Moore Kingston Smith LLP. It's clear that Ab Initio is facing financial pressures, despite its focus on providing valuable CRM solutions.

Registered in England/Wales under the registration number 03895729, with a registered address at KT13 0NY, United Kingdom, Weybridge, Surrey, 3 The Heights, Brooklands.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.