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July 31, 2015 12:35 AM ET


Company Overview of Allocate Software plc.

Company Overview

Allocate Software plc provides workforce optimization and compliance software application services primarily to healthcare, defense, and maritime Offshore oil and gas markets in Europe, the United States, Australia, and internationally. It provides HealthSuite solutions, including HealthAssure, an online governance, risk, and compliance solution for real-time assurance, evidence, and board reporting; HealthMedics that enables to deliver the agreed service plan, enhance staff productivity, reduce locum spend, and maintain high quality patient care; HealthRoster that enables the alignment of staff with the clinical needs of patients; HealthProcess solution for automating burdensome processes a...

1 Church Road

Richmond,  TW9 2QE

United Kingdom

Founded in 1991

296 Employees


44 20 7355 5555


44 20 7355 5588

Key Executives for Allocate Software plc.

Chief Executive Officer and Director
Age: 55
Chief Financial Officer
Chief Technology Officer
Director of Human Resources
Business Development Director and Director
Age: 64
Compensation as of Fiscal Year 2015.

Allocate Software plc. Key Developments

Allocate Software plc announces Audited Consolidated Earnings Results for the Year Ended May 31, 2014

Allocate Software plc announced audited consolidated earnings results for the year ended May 31, 2014. For the year, total revenue was £40,022,000, EBITDA before non-recurring, acquisition, share based payments, depreciation, amortisation, impairment, finance and tax costs was £6,916,000, operating profit was £3,001,000, profit for the year before taxation was £2,893,000 and profit for the year was £3,440,000 or 5.09 pence per diluted share against total revenue of £37,072,000, EBITDA before non-recurring, acquisition, share based payments, depreciation, amortisation, impairment, finance and tax costs of £4,838,000, operating loss of £2,250,000, loss for the year before taxation of £2,385,000 and loss for the year of £1,433,000 or 2.26 pence per diluted share a year ago. Net cash generated from operating activities was £4,905,000 against £7,204,000 a year ago. Payments for property, plant and equipment was £1,180,000 against £353,000 a year ago. Payments to acquire intangible assets was £129,000 against £178,000 a year ago.

Allocate Software plc. Proposes Dividend for the Full Financial Year 2014

Allocate Software plc. proposed to pay a dividend in respect of the full financial year 2014 of 1.45 pence per share (2013: 1.32 pence).

Another Bidder Emerges For Allocate Software

Allocate Software plc. (AIM:ALL) announced that another undisclosed bidder had emerged. The company said that two third-party potential offerers had requested to receive any information that HgCapital had. The first of these potential offerors has confirmed that it does not intend to make an offer. Allocate has allowed the second potential offer or to access information, but noted there could be no certainty that this potential offer or will make an offer, or the terms on which any offer might be made.

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