Providing comprehensive advanced accounting software, Capium Limited is an award-winning company that seeks to enhance the efficiency of the tasks for accountants. Using automated accounts production and powerful practice management tools that enable accountants, they run a smart and strategic system. As they continue to grow, the funds for this campaign will go towards marketing and further expansion.
Pioneering a new way to make accountancy easier and faster.
Capium are the pioneers of connected cloud accounting software for owners of small and medium-sized accountancy practices.
We believe our success lay at the heart of our deeply ingrained values of our vision to continuously innovate and anticipate the next bounce of the ball, arming our accountants with intelligence, support and technology to ensure they can win. We take the hard work, leg work and guesswork out of running an accountancy practice. This has resulted in our software suite becoming the backbone of 1400+ practices across the UK.
We care about our clients and value ourselves in collaborative work to bring out the best in their experience, answering any queries and problems fast. On top of that Capium is easy to set up, easy to train staff on and most importantly, easy to use. Whether they’re just getting started, or need help with advanced features, we’re here for them at every step with user guides, step-by-step tutorials, onboarding advice, help with migrating from other solutions and most importantly granting them access to a community of connected, ambitious accountants. Moreover, Capium helps coordinate and streamline all of the team's work so that everyone knows what needs to get done, who’s responsible for doing it and when it’s due. For this reason, we have an incredible 97.7% retention rate.
Having hit some huge milestones at our business, our business is continuously growing and as demand increases, we will be further expanding our business with the funds raised for this campaign as well as using it towards marketing.
Capium Limited runs on cloud software in which many companies had adapted to during the pandemic. Research conducted by 'Flexera, 27% of leaders mentioned a significant increase in cloud spend due to Covid-19.' Read more below in the Forbes article below.
Credit Risk Comment:
The directors are providing a personal guarantee, this means that if the business fails the directors become personally liable for the loan. There have been no CCJs for the business or directors. The business is well capitalised and the bank statements show affordability. The business has a large amount on intangible assets (development software) and therefore has a negative tangible networth, which is an exception to our policy. The business is trading profitably with substantial EBITDA and the directors are all homeowners and have sufficient equity to cover the loan.
Where will the funds go?
"Pioneering a new way to make accountancy easier and faster."