UK Companies House feature
WORKFRONT, LTD.
Cash
£6M
+182.1% vs 2023
Net assets
£15M
+124.1% vs 2023
Employees
29
-23.7% vs 2023
Profit before tax
£10M
+73.8% vs 2023
Profile
- Company number
- 06466672
- Status
- Active
- Incorporation
- 2008-01-08
- Last accounts made up
- 2024-11-30
- Account category
- FULL
- Primary SIC
- 62012
Net assets
9-year trend · vs UK AI & Enterprise SaaS median
Accounts
9-year trend · latest 2024-11-30
| Metric | Trend | 2020-01-01 | 2020-12-31 | 2021-01-01 | 2021-11-30 | 2021-12-01 | 2022-11-30 | 2022-12-01 | 2023-11-30 | 2024-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | — | £21,067,504 | — | £19,288,229 | — | £19,765,688 | — | £19,156,161 | £16,733,931 | |
| Operating profit | — | -£1,554,083 | — | £2,560,428 | — | £1,683,887 | — | £5,856,278 | £10,179,815 | |
| Profit before tax | — | -£1,553,923 | — | £2,560,187 | — | £1,683,887 | — | £5,856,278 | £10,179,815 | |
| Net profit | — | -£1,553,923 | — | £2,560,187 | — | £1,472,140 | — | £4,206,953 | £7,840,613 | |
| Cash | £555,963 | £754,427 | £754,427 | £3,444,521 | £3,444,521 | £2,137,444 | £2,070,334 | £2,283,685 | £6,441,991 | |
| Total assets less current liabilities | — | -£3,528,826 | — | -£322,747 | — | £1,984,211 | — | £6,569,890 | £14,724,134 | |
| Net assets | — | -£3,546,883 | — | -£322,747 | — | £1,984,211 | — | £6,569,890 | £14,724,134 | |
| Equity | -£405,159 | -£3,546,883 | -£3,546,883 | -£322,747 | -£322,747 | £1,984,211 | £1,984,211 | £6,569,890 | £14,724,134 | |
| Average employees | — | 84 | — | 73 | — | 59 | — | 38 | 29 | |
| Wages | — | £13,870,857 | — | £7,653,596 | — | £6,715,739 | — | £4,135,040 | £3,721,665 |
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
- James Cowper Kreston Audit
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The director intends to close the company and therefore does not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements.”
Significant events
- “As part of the integration, the Company agreed to transfer the customer-related intangible assets and the remaining customer contracts associated with Workfront products, valued at £5,811,665 to Adobe Systems Software Ireland Limited.”
- “The Company has sold its intellectual property assets and it is planned that here will be an orderly wind down of activities during 2025 to 2026.”
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
1 active · 15 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HIGGINS, Mark | Director | 2021-07-19 | Nov 1973 | Irish |
Show 15 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| KNELL, Abraham | Secretary | 2008-03-13 | 2009-02-10 |
| OLSON, Michael, Mr. | Secretary | 2009-02-11 | 2015-07-15 |
| BLAKELAW SECRETARIES LIMITED | Corporate Secretary | 2008-01-08 | 2008-05-14 |
| ALLEN, Brian, Mr. | Director | 2016-11-15 | 2018-04-30 |
| BOHRER, Daniel | Director | 2018-04-30 | 2021-07-19 |
| CHILDS, Peter | Director | 2016-11-15 | 2018-04-30 |
| ENGH, Amy Nichole | Director | 2015-07-15 | 2016-11-15 |
| HOLSTEN, Steve | Director | 2018-04-30 | 2021-03-09 |
| JOHNSON, Scott, Mr. | Director | 2008-03-13 | 2012-01-05 |
| MILLER, Austin | Director | 2015-07-15 | 2016-11-15 |
| OLSON, Michael, Mr. | Director | 2009-02-11 | 2015-07-15 |
| OSTLER, Ryan | Director | 2018-04-30 | 2020-08-21 |
| SAILSBERY, Eric Franklin, Corporate Controller | Director | 2012-01-05 | 2018-04-30 |
| SHARP, Curtis Pratt | Director | 2017-06-04 | 2021-07-19 |
| BLAKELAW DIRECTOR SERVICES LIMITED | Corporate Director | 2008-01-08 | 2008-03-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Adobe Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2020-12-07 | Active |
| Workfront, Inc. | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2020-12-07 |
Filing timeline
Last 20 of 98 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-01-26 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-08-15 | AA | accounts | accounts with accounts type full |
| 2025-02-11 | AD03 | address | move registers to sail company with new address |
| 2025-02-11 | AD02 | address | change sail address company with new address |
| 2025-02-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-10-01 | AD01 | address | change registered office address company with date old address new address |
| 2024-08-16 | AA | accounts | accounts with accounts type full |
| 2024-01-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-08-30 | AA | accounts | accounts with accounts type full |
| 2023-01-31 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-08-31 | AA | accounts | accounts with accounts type full |
| 2022-02-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-06 | AA | accounts | accounts with accounts type full |
| 2021-09-28 | AD01 | address | change registered office address company with date old address new address |
| 2021-09-01 | AD01 | address | change registered office address company with date old address new address |
| 2021-07-29 | PSC07 | persons-with-significant-control | cessation of a person with significant control |
| 2021-07-29 | AP01 | officers | appoint person director company with name date |
| 2021-07-29 | PSC02 | persons-with-significant-control | notification of a person with significant control |
| 2021-07-29 | TM01 | officers | termination director company with name termination date |
| 2021-07-29 | TM01 | officers | termination director company with name termination date |
Credit score
Altman Z″ (private-firm) · reference 2024-11-30
7.64
SAFE
Altman Z″
- Working capital / Total assets 0.561 × 6.56 = +3.68
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.388 × 6.72 = +2.61
- Book equity / Total liabilities 1.281 × 1.05 = +1.35
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory