Action 365 Ltd
Registered name: ACTION 365 LTD
Part of Freedom Services Group Limited groupAction 365 Ltd made £12.7m revenue and £2.1m profit in the year to 31 Dec 2023. read from filing text
Action 365 Ltd’s revenue grew 6% to £12.7m in the year to 31 Dec 2023, with £2.1m profit and 184 employees. The company is classified under “business and domestic software development” and is based in Manchester; we hold 2 years of its filed accounts.
- Status
- In Administration
- Location
- Manchester, North West
- Age
- 27 yrs · since 1999
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company's immediate parent company is Freedom Services Limited.”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&Lread from filing text | Full P&Lread from filing text |
| Profit & loss | ||
| Revenue (turnover) | £12m | £12.7m |
| Cost of sales | £4.4m | £5.9m |
| Gross profit | £7.6m | £6.8m |
| Operating profit | £3m | £1.7m |
| Profit before tax | £3m | £2m |
| Profit after tax | £2.7m | £2.1m |
| Profit (best available) | £2.7m | £2.1m |
| Staff costs | £4.3m | £4.2m |
| Employees (average) | 202 | 184 |
| Ratios | ||
| Profit margin | 22.7% | 16.7% |
| Gross margin | 63.2% | 53.8% |
| Revenue per employee | £59.2k | £69k |
| Profit per employee | £13.4k | £11.6k |
| Growth (year on year) | ||
| Revenue growth | — | ▲6.2% |
| Profit growth | — | ▼21.7% |
| Headcount growth | — | ▼8.9% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £2.2m | £88.7k |
| Net assets | £6.6m | £8.8m |
| Fixed assets | £1.5m | £904k |
| Current assets | £17.3m | £16.6m |
| Debtors | £2.5m | £290k |
| Deferred income | £2.4m | £4.2m |
| Source | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2024 |
How the business works
- Profit margin
- 16.7%
- Profit ÷ revenue.
- Gross margin
- 53.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £69k
- Revenue ÷ average employees.
- Profit per employee
- £11.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 7.1%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 33.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 2.3%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲33%
- Now £8.8m
- Cash at bank
- ▼96%
- Now £88.7k
- Headcount
- ▼9%
- Now 184
- Deferred income
- ▲74%
- Now £4.2m
- Fixed assets
- ▼41%
- Now £904k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Freedom Services Group Limitedultimate parent75–100%
- Freedom Services Limited75–100%
- Action 365 Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (1)
- Freedom Brokers LtdLiquidationRev. £8.4m · Profit −£1.2m
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
- Storm Ideas LimitedEdinburgh · Business and domestic software development
- Revenue
- £12.7m
- Profit
- £2.2m
- Staff
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- Talos360 LimitedWarrington · Business and domestic software development
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- Profit
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- Cimcorp UK LtdWarwick · Business and domestic software development
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- Fleet Claims Administration LimitedBicester · Business and domestic software development
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- Mayden House LimitedBath · Business and domestic software development
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- £12.6m
- Profit
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- Centurion Management Systems LimitedHorsham · Business and domestic software development
- Revenue
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- Profit
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- Staff
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2023 (profit £2.1m), from the Companies House accounts bulk data published Dec 2024. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.