ACCORA LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-05-01 (in 1y)
Last made up 2026-04-17
Watchouts
None on the register
Cash
£3M
+46.4% vs 2023
Net assets
£31M
+25.6% vs 2023
Employees
105
+15.4% vs 2023
Profit before tax
£16M
+37.8% vs 2023
Net assets
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £39,738,651 | £48,097,443 | |
| Operating profit | £11,827,474 | £16,047,163 | |
| Profit before tax | £11,709,635 | £16,132,576 | |
| Net profit | £10,530,009 | £14,473,116 | |
| Cash | £2,074,391 | £3,036,364 | |
| Total assets less current liabilities | £24,910,118 | £31,350,305 | |
| Net assets | £24,642,296 | £30,962,212 | |
| Equity | £24,642,296 | £30,962,212 | |
| Average employees | 91 | 105 | |
| Wages | £4,450,640 | £5,221,163 | |
| Directors' remuneration | £147,047 | £186,915 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+21%
£39,738,651 £48,097,443
-
Cash
+46.4%
£2,074,391 £3,036,364
-
Net assets
+25.6%
£24,642,296 £30,962,212
-
Employees
+15.4%
91 105
-
Operating profit
+35.7%
£11,827,474 £16,047,163
-
Profit before tax
+37.8%
£11,709,635 £16,132,576
-
Wages
+17.3%
£4,450,640 £5,221,163
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 29.8% | 33.4% | |
| Net margin | 26.5% | 30.1% | |
| Return on capital employed | 47.5% | 51.2% | |
| Current ratio | 3.90x | 4.85x | |
| Interest cover | 1121.30x | 534.87x |
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.
Name history
Renamed 2 times since incorporation
- ACCORA LIMITED 2008-06-02 → present
- ACCORA UNLIMITED 2008-06-02 → 2008-06-02
- DRAKE MOBILITY UNLIMITED 2003-09-30 → 2008-06-02
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Streets Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “A major milestone was the successful achievement of ISO 13485 certification in August 2025, demonstrating the Company's commitment to internationally recognised standards of quality management for medical devices.”
- “The research and development team were additionally resourced in 2024, with further expansion taking place in 2025 to enable full product prototyping capabilities in-house.”
- “The Company gained and implemented certification of ISO 14001.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DRAKE, Timothy | Secretary | 2003-09-30 | — | British |
| DRAKE, Laurie | Director | 2014-10-31 | Sep 1985 | British |
| DRAKE, Nicholas | Director | 2019-11-01 | Feb 1982 | British |
| DRAKE, Samuel | Director | 2003-09-30 | Sep 1980 | British |
| DRAKE, Timothy | Director | 2003-09-30 | Dec 1977 | British |
| SMITH, Richard Carl | Director | 2022-03-23 | Mar 1987 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| SECRETARIAL APPOINTMENTS LIMITED | Corporate Secretary | 2003-09-30 | 2003-09-30 |
| DRAKE, Anthony John | Director | 2003-09-30 | 2022-10-21 |
| DRAKE, Nicholas | Director | 2005-06-30 | 2014-10-31 |
| DRAKE, Nina | Director | 2003-09-30 | 2014-10-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Uphall Cambridge Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 92 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2026-04-27 | CH03 | officers | Change person secretary company with change date | |
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2026-04-27 | CH01 | officers | Change person director company with change date | |
| 2025-09-26 | AA | accounts | Accounts with accounts type full | |
| 2025-08-12 | CH01 | officers | Change person director company with change date | |
| 2025-08-12 | CH01 | officers | Change person director company with change date | |
| 2025-04-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-10-01 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-09-17 | AA | accounts | Accounts with accounts type full | |
| 2024-08-19 | CH01 | officers | Change person director company with change date | |
| 2024-01-31 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-12 | AA | accounts | Accounts with accounts type full | |
| 2023-10-11 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-10-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-09 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-10-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-05 | AA | accounts | Accounts with accounts type full | |
| 2022-05-10 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 8
- 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.