freeways Company Information
Company Number
02209114
Next Accounts
Dec 2025
Industry
Residential care activities for learning disabilities, mental health and substance abuse
Shareholders
-
Group Structure
View All
Contact
Registered Address
leigh court centre pill road, abbots leigh, bristol, BS8 3RA
Website
http://freeways.org.ukfreeways Estimated Valuation
Pomanda estimates the enterprise value of FREEWAYS at £8m based on a Turnover of £9.3m and 0.86x industry multiple (adjusted for size and gross margin).
freeways Estimated Valuation
Pomanda estimates the enterprise value of FREEWAYS at £2.3m based on an EBITDA of £423.6k and a 5.5x industry multiple (adjusted for size and gross margin).
freeways Estimated Valuation
Pomanda estimates the enterprise value of FREEWAYS at £6.9m based on Net Assets of £2.1m and 3.3x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freeways Overview
Freeways is a live company located in bristol, BS8 3RA with a Companies House number of 02209114. It operates in the residential care activities for mental difficulties, mental health and substance abuse sector, SIC Code 87200. Founded in December 1987, it's largest shareholder is unknown. Freeways is a mature, mid sized company, Pomanda has estimated its turnover at £9.3m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Freeways Health Check
Pomanda's financial health check has awarded Freeways a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs
6 Strong
3 Regular
2 Weak
Size
annual sales of £9.3m, make it larger than the average company (£3.7m)
£9.3m - Freeways
£3.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a faster rate (6.8%)
9% - Freeways
6.8% - Industry AVG
Production
with a gross margin of 33.5%, this company has a comparable cost of product (33.5%)
33.5% - Freeways
33.5% - Industry AVG
Profitability
an operating margin of 4.2% make it as profitable than the average company (5.2%)
4.2% - Freeways
5.2% - Industry AVG
Employees
with 273 employees, this is above the industry average (87)
273 - Freeways
87 - Industry AVG
Pay Structure
on an average salary of £25.9k, the company has an equivalent pay structure (£25.4k)
£25.9k - Freeways
£25.4k - Industry AVG
Efficiency
resulting in sales per employee of £34.1k, this is less efficient (£40.4k)
£34.1k - Freeways
£40.4k - Industry AVG
Debtor Days
it gets paid by customers after 27 days, this is later than average (20 days)
27 days - Freeways
20 days - Industry AVG
Creditor Days
its suppliers are paid after 14 days, this is slower than average (8 days)
14 days - Freeways
8 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Freeways
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 106 weeks, this is more cash available to meet short term requirements (57 weeks)
106 weeks - Freeways
57 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 29.1%, this is a lower level of debt than the average (35.1%)
29.1% - Freeways
35.1% - Industry AVG
FREEWAYS financials
Freeways's latest turnover from March 2024 is £9.3 million and the company has net assets of £2.1 million. According to their latest financial statements, Freeways has 273 employees and maintains cash reserves of £1.8 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 9,317,000 | 7,820,000 | 7,377,000 | 7,130,000 | 6,091,000 | 5,818,000 | 5,491,000 | 5,497,000 | 5,772,000 | 5,847,000 | 5,841,000 | 5,877 | 5,666,000 | 5,623,000 | 5,749,000 |
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 139,000 |
Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 109,000 |
Pre-Tax Profit | 361,000 | -7,000 | 463,000 | 546,000 | -120,000 | 152,000 | 207,000 | 96,000 | 283,000 | 329,000 | 313,000 | 246 | 240,000 | 179,000 | 68,000 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit After Tax | 361,000 | -7,000 | 463,000 | 546,000 | -120,000 | 152,000 | 207,000 | 96,000 | 283,000 | 329,000 | 313,000 | 246 | 240,000 | 179,000 | 68,000 |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Retained Profit | 361,000 | -7,000 | 463,000 | 546,000 | -120,000 | 152,000 | 207,000 | 96,000 | 283,000 | 329,000 | 313,000 | 246 | 240,000 | 179,000 | 68,000 |
Employee Costs | 7,069,000 | 6,192,000 | 4,624,000 | 4,537,000 | 4,196,000 | 3,825,000 | 3,617,000 | 3,591,000 | 3,600,000 | 3,771,000 | 3,776,000 | 3,743 | 3,659,000 | 3,576,000 | 3,727,000 |
Number Of Employees | 273 | 250 | 232 | 233 | 230 | 222 | 223 | 231 | 235 | 243 | 239 | 226 | 218 | 218 | 226 |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 96,000 | 100,000 | 53,000 | 39,000 | 21,000 | 14,000 | 18,000 | 0 | 0 | 0 | 63,000 | 78 | 0 | 28,000 | 31,000 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 31,000 | 47,000 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 482,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 96,000 | 100,000 | 535,000 | 39,000 | 21,000 | 14,000 | 18,000 | 16,000 | 31,000 | 47,000 | 63,000 | 78 | 0 | 28,000 | 31,000 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 703,000 | 637,000 | 343,000 | 279,000 | 379,000 | 368,000 | 159,000 | 162,000 | 198,000 | 311,000 | 431,000 | 338 | 196,000 | 268,000 | 381,000 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 383,000 | 336,000 | 251,000 | 238,000 | 112,000 | 129,000 | 167,000 | 169,000 | 259,000 | 226,000 | 196,000 | 230 | 218,000 | 181,000 | 230,000 |
Cash | 1,752,000 | 1,591,000 | 1,935,000 | 1,614,000 | 1,217,000 | 1,191,000 | 1,278,000 | 1,203,000 | 1,237,000 | 866,000 | 704,000 | 1,170 | 959,000 | 451,000 | 312,000 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 2,838,000 | 2,564,000 | 2,529,000 | 2,131,000 | 1,708,000 | 1,688,000 | 1,604,000 | 1,534,000 | 1,694,000 | 1,403,000 | 1,331,000 | 1,738 | 1,373,000 | 900,000 | 923,000 |
total assets | 2,934,000 | 2,664,000 | 3,064,000 | 2,170,000 | 1,729,000 | 1,702,000 | 1,622,000 | 1,550,000 | 1,725,000 | 1,450,000 | 1,394,000 | 1,816 | 1,373,000 | 928,000 | 954,000 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 241,000 | 156,000 | 131,000 | 79,000 | 105,000 | 87,000 | 57,000 | 53,000 | 254,000 | 136,000 | 242,000 | 241 | 221,000 | 135,000 | 165,000 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 612,000 | 598,000 | 430,000 | 408,000 | 328,000 | 249,000 | 242,000 | 269,000 | 224,000 | 242,000 | 292,000 | 864 | 550,000 | 295,000 | 340,000 |
total current liabilities | 853,000 | 754,000 | 561,000 | 487,000 | 433,000 | 336,000 | 299,000 | 322,000 | 478,000 | 378,000 | 534,000 | 1,105 | 771,000 | 430,000 | 505,000 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total long term liabilities | 0 | 0 | 0 | 220,000 | 771,000 | 721,000 | 792,000 | 975,000 | 422,000 | 653,000 | 296,000 | 270 | 552,000 | 335,000 | 284,000 |
total liabilities | 853,000 | 754,000 | 561,000 | 707,000 | 1,204,000 | 1,057,000 | 1,091,000 | 1,297,000 | 900,000 | 1,031,000 | 830,000 | 1,375 | 1,323,000 | 765,000 | 789,000 |
net assets | 2,081,000 | 1,910,000 | 2,503,000 | 1,463,000 | 525,000 | 645,000 | 531,000 | 253,000 | 825,000 | 419,000 | 564,000 | 441 | 50,000 | 163,000 | 165,000 |
total shareholders funds | 2,081,000 | 1,910,000 | 2,503,000 | 1,463,000 | 525,000 | 645,000 | 531,000 | 253,000 | 825,000 | 419,000 | 564,000 | 441 | 50,000 | 163,000 | 165,000 |
Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 30,000 | 21,000 | 97,000 | 8,000 | 4,000 | 4,000 | 1,000 | 0 | 0 | 0 | 16,000 | 0 | 28,000 | 16,000 | 18,000 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 16,000 | 15,000 | 16,000 | 16,000 | 0 | 0 | 0 | 0 | 0 |
Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | 113,000 | 379,000 | 77,000 | 26,000 | -6,000 | 171,000 | -5,000 | -126,000 | -80,000 | -90,000 | 626,432 | -413,432 | -35,000 | -162,000 | 611,000 |
Creditors | 85,000 | 25,000 | 52,000 | -26,000 | 18,000 | 30,000 | 4,000 | -201,000 | 118,000 | -106,000 | 241,759 | -220,759 | 86,000 | -30,000 | 165,000 |
Accruals and Deferred Income | 14,000 | 168,000 | 22,000 | 80,000 | 79,000 | 7,000 | -27,000 | 45,000 | -18,000 | -50,000 | 291,136 | -549,136 | 255,000 | -45,000 | 340,000 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | -19,000 | 0 | 0 | 0 | 0 | 0 | 0 | -13,000 | -9,000 |
Change in Investments | 0 | -482,000 | 482,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | 0 | 482,000 | -482,000 | 0 | 0 | 0 | -19,000 | 0 | 0 | 0 | 0 | 0 | 0 | -13,000 | -9,000 |
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30,000 |
cash flow from financing | -190,000 | -586,000 | 577,000 | 392,000 | 0 | -38,000 | 71,000 | -668,000 | 123,000 | -474,000 | 250,559 | -49,805 | -353,000 | -181,000 | 67,000 |
cash and cash equivalents | |||||||||||||||
cash | 161,000 | -344,000 | 321,000 | 397,000 | 26,000 | -87,000 | 75,000 | -34,000 | 371,000 | 162,000 | 702,830 | -957,830 | 508,000 | 139,000 | 312,000 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 161,000 | -344,000 | 321,000 | 397,000 | 26,000 | -87,000 | 75,000 | -34,000 | 371,000 | 162,000 | 702,830 | -957,830 | 508,000 | 139,000 | 312,000 |
freeways Credit Report and Business Information
Freeways Competitor Analysis
Perform a competitor analysis for freeways by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other mid companies, companies in BS8 area or any other competitors across 12 key performance metrics.
freeways Ownership
FREEWAYS group structure
Freeways has 1 subsidiary company.
freeways directors
Freeways currently has 6 directors. The longest serving directors include Mr Franklin Morton (Mar 2007) and Mr Christopher Britton (May 2015).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Franklin Morton | 60 years | Mar 2007 | - | Director | |
Mr Christopher Britton | 64 years | May 2015 | - | Director | |
Mrs Dawn Pincott | 58 years | Jan 2020 | - | Director | |
Mrs Melanie Barnett | 56 years | Jun 2021 | - | Director | |
Mr Bruce Sawyer | United Kingdom | 66 years | Sep 2021 | - | Director |
Mr Christopher Browne | 69 years | Mar 2023 | - | Director |
P&L
March 2024turnover
9.3m
+19%
operating profit
393.6k
0%
gross margin
33.6%
-0.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
2.1m
+0.09%
total assets
2.9m
+0.1%
cash
1.8m
+0.1%
net assets
Total assets minus all liabilities
freeways company details
company number
02209114
Type
Private Ltd By Guarantee w/o Share Cap
industry
87200 - Residential care activities for learning disabilities, mental health and substance abuse
incorporation date
December 1987
age
37
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
freeways trust limited (April 2004)
accountant
-
auditor
BISHOP FLEMING LLP
address
leigh court centre pill road, abbots leigh, bristol, BS8 3RA
Bank
BARCLAYS BANK PLC
Legal Advisor
BURGES SALMON LLP
freeways Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to freeways.
freeways Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for FREEWAYS. This can take several minutes, an email will notify you when this has completed.
freeways Companies House Filings - See Documents
date | description | view/download |
---|