Acrown Limited
Registered name: ACROWN LIMITED
Part of Challenge Group Holdings Limited groupAcrown Limited made £0 revenue and a £365 loss in the year to 31 Mar 2023.
Acrown Limited’s revenue was £0 in the year to 31 Mar 2023, with a loss of £365 and 0 employees. The company is classified under “activities of other holding companies” and is based in Wigan; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Wigan, North West
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £0 | £0 |
| Profit before tax | £30 | −£365 |
| Profit after tax | £30 | −£365 |
| Profit (best available) | £30 | −£365 |
| Employees (average) | 0 | 0 |
| Ratios | ||
| Profit margin | — | — |
| Growth (year on year) | ||
| Profit growth | — | ▼1317% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £5.1k | £0 |
| Net assets | £2.6m | £2.6m |
| Current assets | £5.1k | £4.8k |
| Debtors | £20 | £4.8k |
| Source | Accounts · bulk data Dec 2023 | Accounts · bulk data Dec 2023 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- 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
- ▼0%
- Now £2.6m
- Cash at bank
- ▼100%
- Now £0
- Headcount
- —
- Now 0
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Challenge Group Holdings Limitedultimate parent75–100%
- Challenge Group (Eot) Limited75–100%
- Challenge Group Holdings Limited75–100%
- Challenge Recruitment Group Limited75–100%
- Acrown Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Challenge-TRG Recruitment LimitedIn AdministrationRev. £231m · Profit £91.1k
Sister companies (2)
- Challenge Logistics LimitedIn AdministrationRev. £19.9m · Profit £1.4m
- C-TRG Resource LimitedIn AdministrationFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Mar 2023 (profit −£365), from the Companies House accounts bulk data published Dec 2023. 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.