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Acora Limited

02348923

active
Private Limited Company
Companies House
Health Score
71 / 100

Some Concerns

25/30
Filing
10/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ACORA HOUSE, BURGESS HILL, RH15 9TN
Incorporated 16/02/1989

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr David Robert Rabson

director · Since 01/09/2003

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 13 other boards

Gary John Page

secretary · Since 30/11/2007

FINANCE DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Also on 7 other boards

Mr Gary John Page

director · Since 19/05/2008

ACCOUNTANT

BRITISH · ENGLAND · Age 52

Also on 16 other boards

Mr David Lewis Hemmings

director · Since 17/02/2010

NONE

BRITISH · UNITED KINGDOM · Age 58

Also on 15 other boards

Mr Richard Charles Atkins

director · Since 25/09/2012

DIRECTOR

BRITISH · ENGLAND · Age 74

Also on 9 other boards

Mr James Karp

director · Since 01/08/2015

NONE

BRITISH · ENGLAND · Age 49

Also on 2 other boards

Persons with Significant Control

Acora Holdings Limited

75–100% shares
75–100% votes
Appoint directors

Acora House, Albert Drive, Burgess Hill, RH15 9TN

Reg: 05087971 · Companies House, Cardiff · Limited Copmpany

Notified 06/04/2016

Charges2 outstanding

Charge
outstanding

LDC (MANAGERS) LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUME

Created 30/09/2022Registered 12/10/2022
Charge
outstanding

ARES MANAGEMENT LIMITED (AS SECURITY AGENT FOR THE BENEFICIARIES)

Created 30/09/2022Registered 05/10/2022
Charge
satisfied

ALTER DOMUS TRUSTEES (UK) LIMITED

Created 04/02/2022Registered 11/02/2022Satisfied 05/10/2022
Charge
satisfied

SHAWBROOK BANK LIMITED (AS SECURITY TRUSTEE FOR THE SECURED PARTIES (AS DEFINED IN THE INSTRUME

Created 01/04/2020Registered 02/04/2020Satisfied 08/02/2022
Charge
satisfied

PALATINE PRIVATE EQUITY LLP (THE SECURITY TRUSTEE)

Created 10/03/2020Registered 13/03/2020Satisfied 05/10/2022
Charge
satisfied

PALATINE PRIVATE EQUITY LLP (THE SECURITY TRUSTEE)

Created 10/03/2020Registered 13/03/2020Satisfied 06/04/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 18/07/2019Registered 25/07/2019Satisfied 17/03/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 20/10/2017Registered 26/10/2017Satisfied 17/03/2020
Charge
satisfied

BARCLAYS BANK PLC

Created 03/11/2015Registered 22/11/2015Satisfied 17/03/2020
Charge
satisfied

LLOYDS TSB BANK PLC

Created 05/06/2013Registered 07/06/2013Satisfied 21/01/2016
charge
satisfied

LLOYDS TSB BANK PLC

Created 23/06/2006Registered 27/06/2006Satisfied 14/01/2016
charge
satisfied

LLOYDS TSB COMMERCIAL FINANCE LIMITED

Created 09/07/2001Registered 10/07/2001Satisfied 21/01/2016
charge
satisfied

CONFIDENTIAL INVOICE DISCOUNTING LIMITED

Created 29/12/1999Registered 06/01/2000Satisfied 27/06/2006
charge
satisfied

CONFIDENTIAL INVOICE DISCOUNTING LIMITED

Created 29/12/1995Registered 16/01/1996Satisfied 16/06/2011
charge
satisfied

BARCLAYS BANK PLC

Created 24/05/1990Registered 04/06/1990Satisfied 27/06/2006
charge
satisfied

BARCLAYS BANK PLC

Created 09/10/1989Registered 13/10/1989Satisfied 27/06/2006

CompanyRankvs 282820+ SIC 62020 peers
52

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.34× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern We are responsible for concluding on the appropriateness of the directors’ use of the going concern basis of accounting and, based on the audit evidence obtained, whether a material uncert

Key FinancialsYear ending 31/10/2022

Turnover

£42.3M

Annual revenue

Net Worth

£5.1M

Balance sheet strength

Cash

£14.2M

Cash in the bank

Profit Before Tax

£832k

Bottom line earnings

Net Current Assets

Working capital

Current Assets

£23.4M

Current Liabilities

£69.5M

Fixed Assets

£1.2M

Debtors

£9.3M

Cost of Sales

£10.2M

Admin Expenses

£31.2M

Operating Profit

£854k

Profit After Tax

£1.4M

341avg. employees+193

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£13.5M
NI contributions£1.6M

Balance Sheet

Intangible assets£8.8M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20220.34+£2.3M
20200.68+£981k
20190.27

Derived from filed accounts. Not audited figures.