ACORA LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-02 (in 10mo)
Last made up 2026-02-16
Watchouts
None on the register
Cash
£4M
+41.2% vs 2023
Net assets
-£10M
-29.2% lowest in 5 filed years
Employees
438
+0.2% vs 2023
Profit before tax
-£393K
+94.1% vs 2023
Net assets
7-year trend · vs Technology median
Accounts
7-year trend · latest reflected 2024-12-31
| Metric | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | £17,775,578 | — | £31,054,866 | £42,302,143 | £78,760,193 | £79,064,321 | |
| Operating profit | — | £1,422,332 | — | — | £1,267,365 | -£6,609,681 | -£387,420 | |
| Profit before tax | — | £1,203,031 | — | — | £1,233,057 | -£6,646,319 | -£393,164 | |
| Net profit | — | £1,185,827 | — | £785,087 | £1,383,991 | -£6,804,435 | -£2,216,574 | |
| Cash | — | £24,494 | — | £3,401,526 | £14,155,320 | £2,798,072 | £3,950,019 | |
| Total assets less current liabilities | — | £5,542,516 | — | — | — | -£7,238,976 | -£9,562,606 | |
| Net assets | — | £1,901,985 | — | £3,536,705 | £5,141,255 | -£7,595,276 | -£9,811,850 | |
| Equity | £896,158 | £1,901,985 | £3,212,671 | £3,536,705 | £5,141,255 | -£7,595,276 | -£9,811,850 | |
| Average employees | — | 136 | — | 272 | 341 | 437 | 438 | |
| Wages | — | £6,269,282 | — | £10,909,322 | £13,488,695 | £27,671,589 | £21,070,775 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2018-10-31 | 2019-10-31 | 2020-10-31 | 2021-10-31 | 2022-10-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | — | 8.0% | — | — | 3.0% | -8.4% | -0.5% | |
| Net margin | — | 6.7% | — | 2.5% | 3.3% | -8.6% | -2.8% | |
| Return on capital employed | — | 25.7% | — | — | — | 91.3% | 4.1% | |
| Current ratio | — | — | — | — | — | 0.33x | 0.36x | |
| Interest cover | — | 11.59x | — | — | 58.54x | -176.28x | -45.14x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- 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.”
Group structure
- ACORA LIMITED · parent
- Computer Service Centre Limited 100%
- Infosec Partners MAK DOOEL Skopje 100%
- Acora Netherlands BV 51%
- Elastacloud Limited 100%
- Elastacloud LLP 100%
- Elastacloud SL 100%
- Elastacloud LLC 100%
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 and subsidiary information is drawn from the narrative of the latest annual accounts. 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 |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+0.4%
£78,760,193 £79,064,321
-
Cash
+41.2%
£2,798,072 £3,950,019
-
Net assets
-29.2%
-£7,595,276 -£9,811,850
lowest in 5 filed years
-
Employees
+0.2%
437 438
-
Operating profit
+94.1%
-£6,609,681 -£387,420
-
Profit before tax
+94.1%
-£6,646,319 -£393,164
-
Wages
-23.9%
£27,671,589 £21,070,775
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers