{"name":"MACS SOFTWARE LIMITED","company_number":"02572660","status":"Active","type":"Private Limited Company","incorporated":"1991-01-09","dissolved":null,"registered_office":"8 Hermitage Street, London, England, W2 1BE","postcode":"W2 1BE","sic_codes":[{"code":62012,"description":"Business and domestic software development"}],"principal_activity":null,"previous_names":[{"name":"THE WORKSHOP GROUP LIMITED","changed_on":"1998-01-29"}],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 March","last_made_up_to":"2025-03-31","next_due":"2026-12-31"},"employees":null,"financials":[{"financial_date":"2025-03-31","net_assets":-248047,"cash":68812},{"financial_date":"2024-03-31","net_assets":-374723,"cash":34599},{"financial_date":"2023-03-31","net_assets":-228159,"cash":2775},{"financial_date":"2022-03-31","net_assets":213857,"cash":12039},{"financial_date":"2021-03-31","net_assets":64095,"cash":40}],"officers":{"current":2,"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":2,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"MACS Software Limited presents a paradoxical profile: a 33-year-old WMS provider that claims market leadership yet operates with zero employees, negative net assets of £248,047, and total assets of just £38,749. While FY2025 showed a £126,676 profit — largely driven by headcount elimination rather than revenue growth — and the company maintains approximately £216k in SaaS deferred revenue indicating an existing customer base, its competitive position in the UK warehouse management systems market is fundamentally compromised. The company has transitioned to what appears to be a harvest mode, extracting cash from existing contracts without meaningful investment in product development or customer support, a strategy that is inherently time-limited in subscription software markets where customer churn typically accelerates when service quality declines.","website":"http://macs-software.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/macs-software","people":"https://www.companiesintheuk.co.uk/company/macs-software/people","filing_history":"https://www.companiesintheuk.co.uk/company/macs-software/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/02572660","financials":"https://www.companiesintheuk.co.uk/company/macs-software/financial","control":"https://www.companiesintheuk.co.uk/company/macs-software/control","charges":"https://www.companiesintheuk.co.uk/company/macs-software/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/macs-software/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/macs-software"}