The most common and most likely answer to this crossword clue is the 3 plus 7 letter word TOY SOLDIER
I've seen this crossword clue in The Guardian
T
O
Y
S
O
L
D
I
E
R
Buddy explains!
The straight part
We know that "action man, perhaps" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case action man, perhaps = toy soldier.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.