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September 03, 2015 3:42 PM ET

Software

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

Phone:

44 20 7355 5555

Fax:

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 Launches NurseRevalidation Combining Allocate’s Service

Allocate Software announced the launch of NurseRevalidation to help its customers address the upcoming NMC legislative requirements for nurse and midwife revalidation. The decision to offer a solution is a direct response to overwhelming demand from nursing workforce customers for Allocate to provide a solution. Allocate Software has been able to secure an exclusive license with Premier IT to use their technology as part of NurseRevalidation solution into the secondary care sector across both public and independent healthcare organizations. Allocate Software believes that robust nurse appraisal and training management has always been a vital facet in enabling teams to deliver safe care. NurseRevalidation will help organizations support their nursing workforce to ensure individuals are fully trained, with the right, up-to-date skills and experience. The process is complementary to many of the foundation information sets required in HealthRoster and SafeCare to ensure the right people, with the right skills in the right place at the right time.

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).

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 14, 2014
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