PROFIT + SOFTWARE LTD

Executive Summary

PROFIT + SOFTWARE LTD operates at the intersection of niche education services and bespoke software development but exhibits financial distress with negative net assets and no current employees. Compared to typical micro-entities in these dynamic sectors, it underperforms in operational scale and financial stability, limiting its ability to leverage prevailing digital transformation trends. The company’s profile suggests it is a small niche player facing significant challenges to compete effectively against better-capitalized and more established competitors.

PROFIT + SOFTWARE LTD - Analysis Report

Company Number: 12948069

Analysis Date: 2025-07-20 13:21 UTC

1. Industry Classification
   PROFIT + SOFTWARE LTD operates primarily within two SIC classifications: 85590 (Other education not elsewhere classified) and 62012 (Business and domestic software development). These sectors encompass a niche intersection of educational services and bespoke software development. The education segment typically involves specialized training or instructional services not covered under mainstream educational categories, while the software development classification pertains to creating customized software solutions for business and domestic use. Both sectors are characterized by rapid innovation, a high degree of customization, and reliance on skilled human capital.

2. Relative Performance
   As a micro-entity, PROFIT + SOFTWARE LTD's financial footprint is extremely small, with total current assets dropping sharply from £780 in 2022 to just £2 in 2023, and net liabilities increasing from £1,747 negative equity in 2022 to £1,735 negative equity in 2023. This negative net asset position contrasts unfavorably with typical benchmarks in both education services and software development sectors, where even micro-entities often maintain modest positive net assets reflecting ongoing project work or retained earnings. The absence of employees in 2023 further highlights operational contraction. In comparison, micro companies in software development often report modest positive working capital due to ongoing client contracts or software licenses, while education service providers maintain small but stable asset bases related to intellectual property or course materials.

3. Sector Trends Impact
   Both education and software development sectors in the UK have seen significant shifts driven by digital transformation, remote learning demands, and increasing automation. The pandemic accelerated e-learning adoption, creating opportunities for companies blending educational content with software platforms. However, this also increased competition and capital requirements for technology upgrades. The niche nature of "other education not elsewhere classified" suggests PROFIT + SOFTWARE LTD may serve specialized or emerging training needs, but diminished assets and lack of staff indicate challenges in capitalizing on sector growth or keeping pace with evolving technology demands. Additionally, software development firms face pressure from larger competitors and open-source alternatives, which demand continuous innovation and investment—areas where micro-entities often struggle.

4. Competitive Positioning
   PROFIT + SOFTWARE LTD appears to be a niche player rather than a sector leader or follower. Its small scale, negative equity, and zero headcount reflect limited operational capacity and potential liquidity constraints, which significantly hamper its ability to compete effectively in either education or software markets. Typical competitors in these sectors, even at micro or small scale, maintain positive net assets and invest in talent and product development. Moreover, the recent name change (formerly BISMILLAH GROUP (UK) LTD) and director resignation may indicate internal restructuring or strategic shifts, which can be common in early-stage or struggling micro firms. Without significant capitalization or market differentiation, the company’s competitive edge is likely minimal, making sustainability challenging in a market that rewards innovation, scalability, and client trust.