UK Companies House feature
WORKABLE SOFTWARE LIMITED
Cash
£5M
+237.5% vs 2019
Net assets
-£40M
+0.8% vs 2019
Employees
12
+33.3% vs 2019
Profit before tax
-£903K
+81.9% vs 2019
Profile
- Company number
- 08125469
- Status
- Active
- Incorporation
- 2012-07-02
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 62012
Profit before tax
3-year trend · vs UK AI & Enterprise SaaS median
Accounts
3-year trend · latest 2020-12-31
| Metric | Trend | 2018-12-31 | 2019-12-31 | 2020-12-31 |
|---|---|---|---|---|
| Turnover | — | £18,613,360 | £15,978,177 | |
| Operating profit | — | -£4,995,662 | -£903,720 | |
| Profit before tax | — | -£4,989,630 | -£903,379 | |
| Net profit | — | -£2,635,646 | £328,427 | |
| Cash | — | £1,474,660 | £4,976,732 | |
| Total assets less current liabilities | — | -£39,971,434 | -£39,643,007 | |
| Net assets | — | — | — | |
| Equity | -£37,335,788 | -£39,971,434 | -£39,643,007 | |
| Average employees | — | 9 | 12 | |
| Wages | — | £1,016,472 | £1,322,865 |
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
- IFRS
- Reporting scope
- Standalone (parent only)
- Auditor
- George Hay & Company
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The company has net current liabilities of $33,167,052 of which $43,787,352 (2023: $40,544,609) is owed to its holding parent company (Workable Technology Limited) and fellow subsidiary companies. The parent company and fellow subsidiaries have stated these balances will not be demanded until funds are available, and the company is able to facilitate the repayments.”
Subsidiaries
- Workable Single Member Private Company · Greece
- Workable Inc · USA
Significant events
- “As a UK company, the company is eligible to submit claims under the UK R&D Tax Credit Scheme. At the Statement of Financial Position date the claims yet to be submitted are those for the years ended 31 December 2023 and 31 December 2024.”
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
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MAGIATIS, Spyridon | Director | 2012-07-07 | Apr 1975 | Greek |
| MORAITAKIS, Nikolaos | Director | 2012-07-07 | Oct 1977 | Greek |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONG, Robert Bjarne Richard | Director | 2013-07-25 | 2015-03-31 |
| SAUNDERS, Ian William | Director | 2012-07-02 | 2012-07-07 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Workable Technology Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 70 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-30 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-12-16 | CH01 | officers | change person director company with change date |
| 2025-11-26 | AA | accounts | accounts with accounts type full |
| 2025-01-03 | AA | accounts | accounts with accounts type full |
| 2024-12-18 | CS01 | confirmation-statement | confirmation statement with updates |
| 2024-08-01 | CH01 | officers | change person director company with change date |
| 2024-07-01 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-12-05 | AA | accounts | accounts with accounts type full |
| 2023-08-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-08-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-08-18 | MR04 | mortgage | mortgage satisfy charge full |
| 2023-07-10 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-10 | CH01 | officers | change person director company with change date |
| 2023-02-02 | AA | accounts | accounts with accounts type full |
| 2022-07-08 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-07-08 | CH01 | officers | change person director company with change date |
| 2022-03-04 | AA | accounts | accounts with accounts type full |
| 2021-07-13 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-07-13 | CH01 | officers | change person director company with change date |
| 2021-06-22 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory