the freedom group of companies ltd.

the freedom group of companies ltd. Company Information

Share THE FREEDOM GROUP OF COMPANIES LTD.
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Company Number

02867838

Industry

Other personal service activities n.e.c.

 

Environmental consulting activities

 
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Shareholders

ngbf holdings ltd

Group Structure

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Contact

Registered Address

7 brown lane west, leeds, LS12 6EH

the freedom group of companies ltd. Estimated Valuation

£161.4m

Pomanda estimates the enterprise value of THE FREEDOM GROUP OF COMPANIES LTD. at £161.4m based on a Turnover of £140.4m and 1.15x industry multiple (adjusted for size and gross margin).

the freedom group of companies ltd. Estimated Valuation

£59.6m

Pomanda estimates the enterprise value of THE FREEDOM GROUP OF COMPANIES LTD. at £59.6m based on an EBITDA of £8.6m and a 6.89x industry multiple (adjusted for size and gross margin).

the freedom group of companies ltd. Estimated Valuation

£51.1m

Pomanda estimates the enterprise value of THE FREEDOM GROUP OF COMPANIES LTD. at £51.1m based on Net Assets of £21.5m and 2.37x industry multiple (adjusted for liquidity).

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The Freedom Group Of Companies Ltd. Overview

The Freedom Group Of Companies Ltd. is a live company located in leeds, LS12 6EH with a Companies House number of 02867838. It operates in the distribution of electricity sector, SIC Code 35130. Founded in November 1993, it's largest shareholder is ngbf holdings ltd with a 100% stake. The Freedom Group Of Companies Ltd. is a mature, mega sized company, Pomanda has estimated its turnover at £140.4m with healthy growth in recent years.

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The Freedom Group Of Companies Ltd. Health Check

Pomanda's financial health check has awarded The Freedom Group Of Companies Ltd. a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

6 Weak

size

Size

annual sales of £140.4m, make it larger than the average company (£4.4m)

£140.4m - The Freedom Group Of Companies Ltd.

£4.4m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (11.6%)

11% - The Freedom Group Of Companies Ltd.

11.6% - Industry AVG

production

Production

with a gross margin of 16.6%, this company has a higher cost of product (40.6%)

16.6% - The Freedom Group Of Companies Ltd.

40.6% - Industry AVG

profitability

Profitability

an operating margin of 4.6% make it less profitable than the average company (11.5%)

4.6% - The Freedom Group Of Companies Ltd.

11.5% - Industry AVG

employees

Employees

with 624 employees, this is above the industry average (92)

624 - The Freedom Group Of Companies Ltd.

92 - Industry AVG

paystructure

Pay Structure

on an average salary of £56.7k, the company has a higher pay structure (£47.2k)

£56.7k - The Freedom Group Of Companies Ltd.

£47.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £224.9k, this is more efficient (£174.7k)

£224.9k - The Freedom Group Of Companies Ltd.

£174.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 48 days, this is later than average (35 days)

48 days - The Freedom Group Of Companies Ltd.

35 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 27 days, this is close to average (28 days)

27 days - The Freedom Group Of Companies Ltd.

28 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 3 days, this is less than average (21 days)

3 days - The Freedom Group Of Companies Ltd.

21 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (31 weeks)

11 weeks - The Freedom Group Of Companies Ltd.

31 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 68.4%, this is a higher level of debt than the average (62.1%)

68.4% - The Freedom Group Of Companies Ltd.

62.1% - Industry AVG

THE FREEDOM GROUP OF COMPANIES LTD. financials

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The Freedom Group Of Companies Ltd.'s latest turnover from March 2024 is £140.4 million and the company has net assets of £21.5 million. According to their latest financial statements, The Freedom Group Of Companies Ltd. has 624 employees and maintains cash reserves of £10.2 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Turnover140,358,000107,917,000108,800,000103,028,000134,347,000109,529,000104,441,00088,866,000106,481,000141,411,000153,526,000134,254,000158,714,000156,752,000166,112,000
Other Income Or Grants000000000000000
Cost Of Sales117,089,00088,318,00091,901,00090,272,000113,517,00092,585,00089,021,00072,032,00087,224,000124,705,000135,837,000113,793,000129,119,000119,210,000116,178,000
Gross Profit23,269,00019,599,00016,899,00012,756,00020,830,00016,944,00015,420,00016,834,00019,257,00016,706,00017,689,00020,461,00029,595,00037,542,00049,934,000
Admin Expenses16,829,00015,674,00015,302,00013,685,00016,886,00014,173,00014,532,00016,327,00017,035,00027,011,0002,409,00024,142,00020,509,00038,902,00035,233,000
Operating Profit6,440,0003,925,0001,597,000-929,0003,944,0002,771,000888,000507,0002,222,000-10,305,00015,280,000-3,681,0009,086,000-1,360,00014,701,000
Interest Payable00028,00030,00018,00039,00044,00016,000406,00082,0005,000904,0001,296,0001,206,000
Interest Receivable000000000000000
Pre-Tax Profit6,440,0003,925,0001,597,000-957,0003,914,0002,753,000849,000463,0002,206,000-10,711,00015,198,000-3,686,0008,182,000-2,656,00013,495,000
Tax-1,935,000-972,000-429,00075,000-963,000-906,000-571,000-170,000-1,175,0001,314,0001,452,0001,609,000-3,484,0001,219,000-4,336,000
Profit After Tax4,505,0002,953,0001,168,000-882,0002,951,0001,847,000278,000293,0001,031,000-9,397,00016,650,000-2,077,0004,698,000-1,437,0009,159,000
Dividends Paid2,500,0003,000,000700,000900,0002,500,00020,804,000000000000
Retained Profit2,005,000-47,000468,000-1,782,000451,000-18,957,000278,000293,0001,031,000-9,397,00016,650,000-2,077,0004,698,000-1,437,0009,159,000
Employee Costs35,396,00031,060,00031,047,00034,350,00035,517,00026,896,00026,684,00026,019,00033,821,00045,346,00051,436,00041,977,00047,739,00060,839,00055,218,000
Number Of Employees6245896057037496946076087941,0561,1711,0301,2751,6161,709
EBITDA*8,648,0006,212,0003,896,0001,423,0006,085,0004,456,0003,160,0002,341,0004,078,000-8,198,00017,175,000-1,440,00011,139,0001,064,00016,591,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Tangible Assets806,000703,000706,0001,119,0001,340,0001,614,0003,741,0003,194,0002,239,0001,922,0002,957,0002,916,0003,134,0005,886,0006,630,000
Intangible Assets7,549,0009,529,00011,590,00013,422,00014,821,00015,019,00013,638,00015,004,00016,354,00017,521,00018,833,00021,700,00023,265,00024,490,00026,620,000
Investments & Other0000001,00012,643,00012,643,00012,827,00015,727,00015,792,00015,792,00015,792,00015,792,000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets8,355,00010,232,00012,296,00014,541,00016,161,00016,633,00017,380,00030,841,00031,236,00032,270,00037,517,00040,408,00042,191,00046,168,00049,042,000
Stock & work in progress1,029,000236,000234,000193,000203,000213,000172,000173,000116,000103,0007,808,0007,382,0005,745,0008,133,0008,790,000
Trade Debtors18,634,00013,815,00014,657,00017,857,00016,973,00019,241,00015,970,00010,748,00012,386,00016,165,00011,021,0009,677,00010,583,00015,521,00020,403,000
Group Debtors20,400,00010,352,0008,363,0004,307,0000018,023,000361,0002,971,0003,840,0003,024,0002,932,00001,473,000773,000
Misc Debtors9,541,0009,033,00010,386,00011,257,00016,562,00012,699,00014,094,00012,228,00010,824,00011,803,00010,574,00010,900,0009,759,00014,525,00012,851,000
Cash10,180,0005,981,0004,658,0002,236,0002,488,0002,332,0005,205,00018,341,00016,186,00014,168,00027,767,00026,323,00024,778,0009,962,00011,984,000
misc current assets00350,000001,533,000000000000
total current assets59,784,00039,417,00038,648,00035,850,00036,226,00036,018,00053,464,00041,851,00042,483,00046,079,00060,194,00057,214,00050,865,00049,614,00054,801,000
total assets68,139,00049,649,00050,944,00050,391,00052,387,00052,651,00070,844,00072,692,00073,719,00078,349,00097,711,00097,622,00093,056,00095,782,000103,843,000
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 8,980,0005,030,0006,678,0007,349,00010,540,00016,672,00015,899,00010,405,0009,146,00013,925,00017,562,00018,402,00014,833,00014,156,00011,558,000
Group/Directors Accounts00177,00001,797,0002,992,0004,001,00013,717,00015,933,00012,871,00017,851,00036,343,00034,153,00037,546,00038,402,000
other short term finances000000000000000
hp & lease commitments000000000006,00018,00054,00074,000
other current liabilities37,624,00025,089,00024,512,00023,933,00016,959,00010,347,0009,347,0008,285,0008,654,00012,758,00014,251,00012,329,00011,428,00016,086,00022,646,000
total current liabilities46,604,00030,119,00031,367,00031,282,00029,296,00030,011,00029,247,00032,407,00033,733,00039,554,00049,664,00067,080,00060,432,00067,842,00072,680,000
loans000000000000000
hp & lease commitments0000000000005,000076,000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions00002,200,0002,200,0002,200,0001,166,0001,160,0001,000,000855,0000019,0001,729,000
total long term liabilities00002,200,0002,200,0002,200,0001,166,0001,160,0001,000,000855,00005,00019,0001,805,000
total liabilities46,604,00030,119,00031,367,00031,282,00031,496,00032,211,00031,447,00033,573,00034,893,00040,554,00050,519,00067,080,00060,437,00067,861,00074,485,000
net assets21,535,00019,530,00019,577,00019,109,00020,891,00020,440,00039,397,00039,119,00038,826,00037,795,00047,192,00030,542,00032,619,00027,921,00029,358,000
total shareholders funds21,535,00019,530,00019,577,00019,109,00020,891,00020,440,00039,397,00039,119,00038,826,00037,795,00047,192,00030,542,00032,619,00027,921,00029,358,000
Mar 2024Mar 2023Feb 2022Feb 2021Feb 2020Mar 2019Apr 2018Apr 2017Apr 2016Apr 2015Apr 2014Apr 2013Apr 2012Apr 2011Apr 2010
Operating Activities
Operating Profit6,440,0003,925,0001,597,000-929,0003,944,0002,771,000888,000507,0002,222,000-10,305,00015,280,000-3,681,0009,086,000-1,360,00014,701,000
Depreciation228,000219,000272,000390,000473,000369,000922,000484,000506,000794,000703,000676,000828,0001,031,000807,000
Amortisation1,980,0002,068,0002,027,0001,962,0001,668,0001,316,0001,350,0001,350,0001,350,0001,313,0001,192,0001,565,0001,225,0001,393,0001,083,000
Tax-1,935,000-972,000-429,00075,000-963,000-906,000-571,000-170,000-1,175,0001,314,0001,452,0001,609,000-3,484,0001,219,000-4,336,000
Stock793,0002,00041,000-10,000-10,00041,000-1,00057,00013,000-7,705,000426,0001,637,000-2,388,000-657,0008,790,000
Debtors15,375,000-206,000-15,000-114,0001,595,000-16,147,00024,750,000-2,844,000-5,627,0007,189,0001,110,0003,167,000-11,177,000-2,508,00034,027,000
Creditors3,950,000-1,648,000-671,000-3,191,000-6,132,000773,0005,494,0001,259,000-4,779,000-3,637,000-840,0003,569,000677,0002,598,00011,558,000
Accruals and Deferred Income12,535,000577,000579,0006,974,0006,612,0001,000,0001,062,000-369,000-4,104,000-1,493,0001,922,000901,000-4,658,000-6,560,00022,646,000
Deferred Taxes & Provisions000-2,200,000001,034,0006,000160,000145,000855,0000-19,000-1,710,0001,729,000
Cash flow from operations7,030,0004,373,0003,349,0003,205,0004,017,00021,429,000-14,570,0005,854,000-206,000-11,353,00019,028,000-165,00017,220,000-224,0005,371,000
Investing Activities
capital expenditure-331,000-223,000-54,000-732,000-1,669,000-939,000-1,453,000-1,439,000-1,006,000240,000931,000-458,0001,924,000450,000-35,140,000
Change in Investments00000-1,000-12,642,0000-184,000-2,900,000-65,00000015,792,000
cash flow from investments-331,000-223,000-54,000-732,000-1,669,000-938,00011,189,000-1,439,000-822,0003,140,000996,000-458,0001,924,000450,000-50,932,000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts0-177,000177,000-1,797,000-1,195,000-1,009,000-9,716,000-2,216,0003,062,000-4,980,000-18,492,0002,190,000-3,393,000-856,00038,402,000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments0000000000-6,000-17,000-31,000-96,000150,000
other long term liabilities000000000000000
share issue0000000000000020,199,000
interest000-28,000-30,000-18,000-39,000-44,000-16,000-406,000-82,000-5,000-904,000-1,296,000-1,206,000
cash flow from financing0-177,000177,000-1,825,000-1,225,000-1,027,000-9,755,000-2,260,0003,046,000-5,386,000-18,580,0002,168,000-4,328,000-2,248,00057,545,000
cash and cash equivalents
cash4,199,0001,323,0002,422,000-252,000156,000-2,873,000-13,136,0002,155,0002,018,000-13,599,0001,444,0001,545,00014,816,000-2,022,00011,984,000
overdraft000000000000000
change in cash4,199,0001,323,0002,422,000-252,000156,000-2,873,000-13,136,0002,155,0002,018,000-13,599,0001,444,0001,545,00014,816,000-2,022,00011,984,000

the freedom group of companies ltd. Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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The Freedom Group Of Companies Ltd. Competitor Analysis

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Perform a competitor analysis for the freedom group of companies ltd. by selecting its closest rivals, whether from the ELECTRICITY, GAS, STEAM AND AIR CONDITIONING SUPPLY sector, other mega companies, companies in LS12 area or any other competitors across 12 key performance metrics.

the freedom group of companies ltd. Ownership

THE FREEDOM GROUP OF COMPANIES LTD. group structure

The Freedom Group Of Companies Ltd. has 1 subsidiary company.

Ultimate parent company

2 parents

THE FREEDOM GROUP OF COMPANIES LTD.

02867838

1 subsidiary

THE FREEDOM GROUP OF COMPANIES LTD. Shareholders

ngbf holdings ltd 100%

the freedom group of companies ltd. directors

The Freedom Group Of Companies Ltd. currently has 2 directors. The longest serving directors include Mr Jonathan Stockton (Jul 2020) and Mrs Rachel Salmon (Jun 2024).

officercountryagestartendrole
Mr Jonathan StocktonUnited Kingdom42 years Jul 2020- Director
Mrs Rachel SalmonEngland49 years Jun 2024- Director

P&L

March 2024

turnover

140.4m

+30%

operating profit

6.4m

+64%

gross margin

16.6%

-8.72%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

21.5m

+0.1%

total assets

68.1m

+0.37%

cash

10.2m

+0.7%

net assets

Total assets minus all liabilities

the freedom group of companies ltd. company details

company number

02867838

Type

Private limited with Share Capital

industry

96090 - Other personal service activities n.e.c.

74901 - Environmental consulting activities

35130 - Distribution of electricity

incorporation date

November 1993

age

32

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

March 2024

previous names

freedom facilities management limited (April 2002)

freedom maintenance limited (May 2001)

accountant

-

auditor

RSM UK AUDIT LLP

address

7 brown lane west, leeds, LS12 6EH

Bank

HSBC BANK PLC, HSBC BANK PLC, HSBC BANK PLC

Legal Advisor

-

the freedom group of companies ltd. 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 found 9 charges/mortgages relating to the freedom group of companies ltd.. Currently there are 1 open charges and 8 have been satisfied in the past.

the freedom group of companies ltd. 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.

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the freedom group of companies ltd. Companies House Filings - See Documents

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