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Action 365 Ltd

03839322

in administration
Private Limited Company
Companies House
Health Score
N/A

Details

RIVERSIDE HOUSE, MANCHESTER, M3 5EN
Incorporated 10/09/1999

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development
66290
Other activities auxiliary to insurance and pension funding

Officers

Miss Samantha White

director · Since 21/12/2012

CLAIMS HANDLER

BRITISH · UNITED KINGDOM · Age 51

Also on 6 other boards

Mrs Eleanor Mary Lumsdon

secretary · Since 01/10/2015

Mr Matthew James Boswell

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Miss Chantel Cherelle Emilius

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Mr Luke Mayor

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Mr David John Williams

director · Since 02/01/2024

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Persons with Significant Control

Freedom Services Limited

75–100% shares

Eden Point, Three Acres Lane, Cheadle, SK8 6RL

Reg: 10643901 · England & Wales · Private Limited Company

Notified 28/11/2018

Freedom Services Ltd

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

Biz Space, Cheadle Place, Stockport Road, Cheadle, SK8 2JX

Reg: 10643901 · Companies House · Private Limited Company

Notified 28/11/2018

Former PSCs

Ms Samantha Anne White

Ceased 28/11/2017

Freedom Services Group Limited

Ceased 30/09/2018

Miss Sam Anne White

Ceased 30/09/2018

Charges1 outstanding

Charge
outstanding

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Created 07/04/2021Registered 08/04/2021
Charge
satisfied

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satisfied

BARCLAYS BANK PLC

Created 05/10/2020Registered 06/10/2020Satisfied 25/02/2021
Charge
satisfied

PONT FINANCE LIMITED

Created 09/09/2020Registered 11/09/2020Satisfied 25/02/2021
Charge
satisfied

MAVEN CAPITAL PARTNERS UK LLP (AS SECURITY TRUSTEE)

Created 02/03/2016Registered 09/03/2016Satisfied 08/09/2020
charge
satisfied

ORBIT DEVELOPMENTS (MANCHESTER) LIMITED

Created 26/11/2000Registered 30/11/2000Satisfied 10/03/2020
charge
satisfied

HSBC BANK PLC

Created 15/08/2000Registered 16/08/2000Satisfied 08/09/2020

CompanyRankvs 15+ SIC 62012 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.94× · 16/20
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 strength0/25 pts

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

Employees0/15 pts

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

Liquidity16/20 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

adopt the ‘going concern’ basis of accounting. There have been a number of factors that have contributed to there being material uncertainty relating to going concern. The current and expected levels of liquidity within the Group are low. The Group are currently working to address this with an additional financing process underway. Within the period the Company ha

Key FinancialsYear ending 31/12/2023

Net Worth

£8.8M

Balance sheet strength

Cash

£89k

Cash in the bank

Profit Before Tax

£2.0M

Bottom line earnings

Net Current Assets

£8.1M

Working capital

Current Assets

£16.6M

Current Liabilities

£8.5M

Fixed Assets

£904k

Debtors

£15.1M

Cost of Sales

£5.9M

Admin Expenses

£6.1M

Profit After Tax

£2.1M

184avg. employees-18

Tax at Year End

Corp tax£0

People Costs

Wages & salaries£3.8M

Balance Sheet

Intangible assets£227k
Bank loans & overdrafts£432k
Assets less current liabilities£9.0M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20231.94+£2.2M
20221.45+£4.5M
20191.41

Derived from filed accounts. Not audited figures.