{"name":"WHEATLEY SOFTWARE SOLUTIONS LIMITED","company_number":"03409594","status":"Active","type":"Private Limited Company","incorporated":"1997-07-25","dissolved":null,"registered_office":"Gladstone House Hithercroft Road, Wallingford, Oxfordshire, England, OX10 9BT","postcode":"OX10 9BT","sic_codes":[{"code":62090,"description":"Other information technology service activities"}],"principal_activity":null,"previous_names":[{"name":"WHEATLEY ASSOCIATES LIMITED","changed_on":"2022-11-21"}],"warnings":[],"accounts":{"category":"Small","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":34,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","cash":1315220,"average_employees":34},{"financial_date":"2023-12-31","cash":864826,"average_employees":33},{"financial_date":"2022-12-31","cash":404890},{"financial_date":"2021-12-31","net_assets":8126014,"cash":1545176},{"financial_date":"2020-12-31","net_assets":7285777,"cash":2470147}],"officers":{"current":4,"resigned":15,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":0,"outstanding":0},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Wheatley Software Solutions is a financially exceptional performer within the UK IT services SME landscape, with net assets of £8.83M representing a 92.8% net asset margin that far exceeds the 30-50% sector norm. Its recurring revenue model — spanning licensing, maintenance, managed hosting, and consultancy — provides earnings resilience, while the recent introduction of an EMI share option scheme and significant increase in operational commitments (£35.9K to £440K) signal strategic investment in platform-based capabilities and talent retention. However, the company's standalone financial profile is substantially shaped by its position as a subsidiary within the Wheatley Associates Holdings group, with 89.6% of debtors representing intercompany balances, and its conservative capital structure — while providing enviable resilience — may constrain the pace of growth relative to more leveraged competitors.","website":"https://www.wheatleysolutions.co.uk/","links":{"page":"https://www.companiesintheuk.co.uk/ltd/wheatley-software-solutions","people":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/people","filing_history":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03409594","financials":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/financial","control":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/control","charges":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/wheatley-software-solutions/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/wheatley-software-solutions"}