A new polydentate Schiff base ligand and its metal complexes were synthesized and characterized by elemental analyses, IR, 1H NMR, electronic, ESR and mass spectra, conductivity and magnetic susceptibility measurements as well as thermal analyses. The free ligand was synthesized by condensation of o-acetoacetylphenol with salicylaldehyde hydrazone. The analytical and spectroscopic tools showed that the obtained complexes are mono- and binuclear complexes, which can be generally formulated as: (L)M2X2(H2O)m·nZ; M = Cr, Fe, Ni or Cu, X = OAc or NO3, m = 5 or nil and n = 3, 1.5 or 0.5 and Z = EtOH or H2O, (H2L)2M(X)m.nH2O; M = Mn, Zn, or Cd, X = EtOH, H2O or nil, m = 2 or nil and n = 3.5 or 0, (HL)2Co2·0.5H2O and (H2L)2UO2(H2O). The metal complexes displayed octahedral, tetrahedral and square-planar geometrical arrangements, while uranium complex displayed seven-coordinate. Kinetic parameters (Ea, A, ΔH, ΔS and ΔG) of the thermal decomposition stages have been evaluated using Coats–Redfern equations. The molecular structural parameters of the ligand and its metal complexes have been calculated and correlated with the experimental data such as IR. The antimicrobial activity of the ligand and its complexes was screened against some kinds of bacteria and fungi. The antitumor activity of the ligand and its Ni(II) and Cu(II) complexes was investigated against HepG2 cell line. Display omitted •A new Schiff base and its metal complexes were synthesized and characterized.•The complexes exhibited different geometrical arrangements.•Kinetic parameters were calculated.•The ligand and its complexes showed antimicrobial activity.•The antitumor activity of the ligand and its Ni(II) and Cu(II) complexes was investigated against HepG2 cell line.