UK Companies House feature
ACORA LIMITED
Cash
£14M
+316.1% vs 2021
Net assets
£5M
+45.4% vs 2021
Employees
341
+25.4% vs 2021
Profit before tax
£1M
Period ending 2022-10-31
Profile
- Company number
- 02348923
- Status
- Active
- Incorporation
- 1989-02-16
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62020
Net assets
5-year trend · vs UK AI & Enterprise SaaS median
Accounts
5-year trend · latest 2022-10-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 |
|---|---|---|---|---|---|---|
| Turnover | — | £17,775,578 | — | £31,054,866 | £42,302,143 | |
| Operating profit | — | £1,422,332 | — | — | £1,267,365 | |
| Profit before tax | — | £1,203,031 | — | — | £1,233,057 | |
| Net profit | — | £1,185,827 | — | £785,087 | £1,383,991 | |
| Cash | — | £24,494 | — | £3,401,526 | £14,155,320 | |
| Total assets less current liabilities | — | £5,542,516 | — | — | — | |
| Net assets | — | £1,901,985 | — | £3,536,705 | £5,141,255 | |
| Equity | £896,158 | £1,901,985 | £3,212,671 | £3,536,705 | £5,141,255 | |
| Average employees | — | 136 | — | 272 | 341 | |
| Wages | — | £6,269,282 | — | £10,909,322 | £13,488,695 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Grant Thornton UK LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reviewed detailed forecasts of expected revenues, expenditure, cash flows and compliance with banking covenants as part of preparing the business plans for the group to August 2026. As such, the directors believe that the group will be able to settle its liabilities as they fall due for a period of 12 months from the date of signing the financial statements and therefore consider that it is appropriate to prepare these financial statements on a going concern basis.”
Subsidiaries
- Computer Service Centre Limited · 100% held · UK · Technology
- Infosec Partners MAK DOOEL Skopje · 100% held · North Macedonia · Technology
- Acora Netherlands BV · 51% held · Netherlands · Technology
- Elastacloud Limited · 100% held · UK · Technology
- Elastacloud LLP · 100% held · India · Technology
- Elastacloud SL · 100% held · Spain · Technology
- Elastacloud LLC · 100% held · US · Technology
Significant events
- “On the 21 August 2024, the company acquired 100% of the share capital of Elastacloud Limited, a company incorporated in the United Kingdom, and 100% of Elastacloud LLP, a company incorporated in India, Elastacloud SL, a company incorporated in Spain, and Elastacloud LLC, a company incorporated in the United States of America, for a consideration of £20.1M.”
- “On the 31 March 2025, Acora Limited purchased 100% of the share capital of Hydras IT Limited. The acquisition expands our AWS capabilities and strengthens our position as a leading business technology services partner built for the AI era. The total consideration was £5.6M.”
- “Secrutiny Limited, SIBAR Group Limited, JSYK Limited and Infosec Partners Limited were dissolved and the shares disposed of during the year.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 11 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PAGE, Gary John | Secretary | 2007-11-30 | — | British |
| ATKINS, Richard Charles | Director | 2012-09-25 | Feb 1952 | British |
| HEMMINGS, David Lewis | Director | 2010-02-17 | Sep 1967 | British |
| KARP, James | Director | 2015-08-01 | Apr 1977 | British |
| PAGE, Gary John | Director | 2008-05-19 | Aug 1973 | British |
| RABSON, David Robert | Director | 2003-09-01 | Mar 1976 | British |
Show 11 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVEY, Anita Jacqueline | Secretary | — | 2007-04-24 |
| FORDHAM, David Richard | Secretary | 2007-04-24 | 2007-11-30 |
| DAVEY, Anita Jacqueline | Director | — | 2007-04-30 |
| DAVEY, Michael John | Director | — | 2006-06-23 |
| DAVIES, John Ernest | Director | — | 2006-06-23 |
| FAULKNER, Paul Raymond | Director | 2013-07-31 | 2016-09-20 |
| FORDHAM, David Richard | Director | 2006-07-03 | 2009-04-20 |
| GANLY, Lee Andrew | Director | 2006-07-03 | 2013-07-31 |
| GRIEVES, Carl | Director | 2011-08-02 | 2012-02-09 |
| JACKSON, Gordon Charles | Director | 2003-10-09 | 2004-02-11 |
| READ, Sean Peter | Director | 2010-02-17 | 2013-04-30 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Acora Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 166 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-16 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-06 | DISS40 | gazette | gazette filings brought up to date |
| 2025-12-03 | AA | accounts | accounts with accounts type full |
| 2025-12-02 | GAZ1 | gazette | gazette notice compulsory |
| 2025-03-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-09-25 | AA | accounts | accounts with accounts type full |
| 2024-06-07 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-10 | AA01 | accounts | change account reference date company current extended |
| 2023-07-28 | AA | accounts | accounts with accounts type full |
| 2023-06-12 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-05-24 | CH01 | officers | change person director company with change date |
| 2022-10-13 | AA | accounts | accounts with accounts type full |
| 2022-10-12 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-10-05 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-10-05 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-10-05 | MR04 | mortgage | mortgage satisfy charge full |
| 2022-06-14 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-02-11 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2022-02-08 | MR04 | mortgage | mortgage satisfy charge full |
| 2021-07-26 | AA | accounts | accounts with accounts type full |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory