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Action Artificial Intelligence Limited

09929210

in administration
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

UNIT 8,THE PRIORY PRIORY ROAD, COVENTRY, CV8 3FX
Incorporated 24/12/2015

Compliance

Last accounts

30/09/2023

total exemption full

Next accounts due

30/06/2025

Overdue

Confirmation statement

Last: 05/02/2024

Due 19/02/2025

Overdue

Industry

74909
Other professional, scientific and technical activities

Officers

Dr Richard John Tolcher

secretary · Since 24/12/2015

Mr Richard John Tolcher

director · Since 24/12/2015

TECHNOLOGIST

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Dr John James Taylor

director · Since 30/01/2017

CEO

BRITISH · UNITED KINGDOM · Age 52

Also on 2 other boards

Persons with Significant Control

Former PSCs

Mr Richard John Tolcher

Ceased 31/10/2023

Mr John James Taylor

Ceased 31/10/2023

Charges1 outstanding

Charge
outstanding

INNOVATE UK LOANS LIMITED

Created 23/02/2021Registered 24/02/2021

Insolvency History1 case

in administration

Mark Grahame Tailby (practitioner) · Craig Andrew Ridgley (practitioner)

CompanyRankvs 15+ SIC 74909 peers
7

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.14× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -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.

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.

Longevity10/15 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

Outstanding charges: -10 pts

Insolvency history: -10 pts

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

Key FinancialsYear ending 30/09/2023

Net Worth

-£697k

Balance sheet strength

Cash

£22k

Cash in the bank

Net Current Assets

-£148k

Working capital

Current Assets

£24k

Current Liabilities

£171k

Fixed Assets

£100

Debtors

£2k

22avg. employees

Tax at Year End(2022)

VAT-£76

Balance Sheet

Bank loans & overdrafts£19k
Assets less current liabilities-£148k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.14-£434k
20225.54-£82k
202214.96-£1.1M
20219.30+£800k£237k
20203.11-£344k
201941.25+£424k
20181.29

Derived from filed accounts. Not audited figures.