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Company No. 03839322 · Incorporated 10 Sep 1999

Action 365 Ltd

Registered name: ACTION 365 LTD

Part of Freedom Services Group Limited group

Action 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.”

Latest accounts · year to 31 Dec 2023

Key figures

Capital-lightDoing more with less
Revenue
£12.7m
Growth ▲6.2%
Profit
£2.1m
Growth ▼21.7%
Profit margin
16.7%
Gross 53.8%
Employees
184
Change ▼8.9%
Profit / employee
£11.6k
Revenue/employee £69k
Profitable streak
2yrs
Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to31 Dec 202231 Dec 2023
DisclosureFull P&Lread from filing textFull 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)202184
Ratios
Profit margin22.7%16.7%
Gross margin63.2%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
SourceFullAccounts · bulk data Dec 2024FullAccounts · bulk data Dec 2024
Derived from the latest filing

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.
Indirect — not revenue

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.

Corporate ownership

Group structure

Ownership chain

  1. Freedom Services Group Limitedultimate parent75–100%
  2. Freedom Services Limited75–100%
  3. Action 365 Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

Similar profitable businesses

Industry benchmarks →

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.