UK Companies House feature
WORKABLE TECHNOLOGY LIMITED
Cash
£59K
-98% vs 2019
Net assets
£52M
-2.4% vs 2019
Employees
235
-11.7% vs 2019
Profit before tax
—
Period ending 2020-12-31
Profile
- Company number
- 08789789
- Status
- Active
- Incorporation
- 2013-11-25
- Last accounts made up
- 2024-12-31
- Account category
- GROUP
- Primary SIC
- 62090
Cash
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 | — | — | — | |
| Operating profit | — | — | — | |
| Profit before tax | — | — | — | |
| Net profit | — | — | — | |
| Cash | — | £2,908,964 | £59,232 | |
| Total assets less current liabilities | — | £52,912,016 | £51,622,484 | |
| Net assets | — | — | — | |
| Equity | £54,276,307 | £52,912,016 | £51,622,484 | |
| Average employees | — | 266 | 235 | |
| Wages | — | — | — |
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
- Consolidated (group)
- Auditor
- George Hay & Company
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Consolidated Financial Statements have been prepared on a going concern basis which assumes that the Group will be able to cover its liquidity needs, including the mandatory payment terms as disclosed in Note 19 for the foreseeable future and, at a minimum, for the next 12 months after the approval of the Consolidated Financial Statements. In fact, the Group expects to end 2025 with a net profit of $5.1m and an ending cash balance of $30.9m, which is expected to fund operations through 2026 and beyond. Also, because the Group operates a subscription business with high customer retention rates, it is expected that the positive effect of bookings on revenue will only compound over time. As such, due to forecasted profitability in the future, and the fact that the Group is meeting its targets, the Group has improved its net current financial position from a net current liabilities of $4,465,190 as at 31 December 2022, to a net current asset position of $1,846,089 as at 31 December 2023 and $2,803,429 as at 31 December 2024.”
Subsidiaries
- Workable Software Limited · 100% held · England · Software-as-a-Service
- Workable Software Private Company · 100% held · Greece · Contract R&D services for the group
- Workable Inc. · 100% held · USA · Marketing support services for the group
Significant events
- “In April 2025, the Company undertook a capital reduction process, which was duly approved by the shareholders and in accordance with the Companies Act 2006. This involved the utilisation of the Company's share premium account by $19.7m, resulting in the creation of distributable reserves. The purpose of the capital reduction was to enable the Company to generate sufficient distributable reserves to support the payment of a dividends to its shareholders. Following the completion of the capital reduction process, the Company declared and paid an interim dividend of $6.10 per share.”
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
7 active · 1 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BOWDEN, Laurel Charmaine | Director | 2014-01-31 | May 1965 | British |
| EVANS, William Mark | Director | 2014-12-23 | Aug 1957 | Canadian |
| LOPEZ, Robert Bixel | Director | 2025-06-01 | Mar 1983 | American |
| MAGIATIS, Spyridon | Director | 2013-11-25 | Apr 1975 | Greek |
| MEDLOCK, Nathan Alexander | Director | 2018-10-18 | Apr 1972 | British |
| MORAITAKIS, Nikolaos | Director | 2013-11-25 | Oct 1977 | Greek |
| WATERHOUSE, Daniel David | Director | 2017-11-23 | Jul 1971 | British |
Show 1 resigned officer
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| TZIRALIS, Georgios | Director | 2014-01-31 | 2017-11-23 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 198 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-12-12 | SH01 | capital | capital allotment shares |
| 2025-12-11 | CS01 | confirmation-statement | confirmation statement with updates |
| 2025-12-11 | SH01 | capital | capital allotment shares |
| 2025-12-10 | CH01 | officers | change person director company with change date |
| 2025-12-09 | SH01 | capital | capital allotment shares |
| 2025-12-09 | SH01 | capital | capital allotment shares |
| 2025-12-09 | SH01 | capital | capital allotment shares |
| 2025-12-05 | SH19 | capital | capital statement capital company with date currency figure |
| 2025-12-05 | SH20 | capital | legacy |
| 2025-12-05 | CAP-SS | insolvency | legacy |
| 2025-12-05 | RESOLUTIONS | resolution | resolution |
| 2025-12-04 | CH01 | officers | change person director company with change date |
| 2025-12-03 | CH01 | officers | change person director company with change date |
| 2025-11-26 | AA | accounts | accounts with accounts type group |
| 2025-11-24 | SH01 | capital | capital allotment shares |
| 2025-11-19 | AD02 | address | change sail address company with old address new address |
| 2025-11-07 | SH01 | capital | capital allotment shares |
| 2025-09-01 | SH01 | capital | capital allotment shares |
| 2025-07-04 | SH01 | capital | capital allotment shares |
| 2025-07-04 | SH01 | capital | capital allotment shares |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory