Freewall Systems Limited

POWER SEARCH PRICING

SOLUTIONS

freewall systems limited Company Information

Company Number

04186883

Next Accounts

Dec 2025

Directors

Mark Hurman

Gavin Hurman

Shareholders

freewall holdings limited

Group Structure

View All

Industry

Specialised construction activities (other than scaffold erection) n.e.c.

Registered Address

freewall systems ltd daux road, billingshurst, west sussex, RH14 9SJ

Website

www.freewall.co.uk

freewall systems limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of FREEWALL SYSTEMS LIMITED at £1.9m based on Net Assets of £828.7k and 2.27x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Freewall Systems Limited is a live company located in west sussex, RH14 9SJ with a Companies House number of 04186883. It operates in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in March 2001, it's largest shareholder is freewall holdings limited with a 100% stake. Freewall Systems Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with low growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

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

Health Rating4out of 5

3 Strong

3 Regular

6 Weak

Size

annual sales of £1.7m, make it smaller than the average company (£7.2m)

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (11.2%)

EXPORT

Freewall Systems Limited's latest turnover from March 2024 is estimated at £1.7 million and the company has net assets of £828.7 thousand. According to their latest financial statements, Freewall Systems Limited has 15 employees and maintains cash reserves of £569.4 thousand 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
Turnover	1,696,339	1,687,788	1,862,612	1,618,842	1,892,182	2,164,075	1,725,980	1,961,877	3,328,851	2,316,641	15,490	10,972	640
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	1,271,211	1,265,739	1,405,966	1,235,468	1,426,354	1,617,630	1,281,810	1,449,614	2,471,500	1,745,340	11,524	8,076	464
Gross Profit	425,128	422,049	456,646	383,374	465,828	546,445	444,170	512,263	857,352	571,301	3,965	2,896	176
Admin Expenses	145,119	747,382	214,594	167,938	1,612,035	148,858	242,953	39,136	665,543	-229,715	-17,229	-6,706	176
Operating Profit	280,009	-325,333	242,052	215,436	-1,146,207	397,587	201,217	473,127	191,809	801,016	21,194	9,602	0
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	21,125	11,047	2,387	321	889	9,820	5,287	1,674	1,966	1,152	96	23	0
Pre-Tax Profit	301,133	-314,286	244,440	215,757	-1,145,318	407,407	206,504	474,801	193,775	802,168	21,290	9,625	0
Tax	-75,283	0	-46,444	-40,994	0	-77,407	-39,236	-94,960	-38,755	-168,455	-4,897	-2,310	0
Profit After Tax	225,850	-314,286	197,996	174,763	-1,145,318	330,000	167,268	379,841	155,020	633,713	16,393	7,315	0
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	225,850	-314,286	197,996	174,763	-1,145,318	330,000	167,268	379,841	155,020	633,713	16,393	7,315	0
Employee Costs	733,055	634,680	560,344	543,161	638,966	672,552	570,908	721,303	699,190	529,594	36,919	36,241	35,776
Number Of Employees	15	14	13	13	15	16	14	18	18	14	1	1	1
EBITDA*	312,980	-307,690	252,072	235,487	-1,131,075	415,413	203,234	494,042	218,489	808,553	21,194	9,602	0

* 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
Tangible Assets	91,263	123,596	17,741	58,900	37,249	47,919	49,840	61,258	79,651	22,674	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	100
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	91,263	123,596	17,741	58,900	37,249	47,919	49,840	61,258	79,651	22,674	0	0	0	100
Stock & work in progress	141,827	143,211	128,325	148,769	196,240	179,769	128,749	144,762	137,117	140,055	0	0	0	0
Trade Debtors	228,135	270,988	444,922	351,609	222,681	257,851	237,325	223,794	620,164	371,701	100	940	100	0
Group Debtors	60,046	58,998	200,000	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	25,008	17,394	119,707	7,808	6,558	0	0	0	0	0	0	0	0	0
Cash	569,400	235,350	284,486	352,149	289,152	1,488,924	1,129,751	985,078	354,495	431,794	29,082	9,234	0	0
misc current assets	0	0	0	0	0	6,759	7,844	5,438	5,467	0	0	0	0	0
total current assets	1,024,416	725,941	1,177,440	860,335	714,631	1,933,303	1,503,669	1,359,072	1,117,243	943,550	29,182	10,174	100	0
total assets	1,115,679	849,537	1,195,181	919,235	751,880	1,981,222	1,553,509	1,420,330	1,196,894	966,224	29,182	10,174	100	100
Bank overdraft	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
Trade Creditors	79,651	91,701	31,295	37,108	207,448	291,472	193,759	227,848	384,353	308,703	5,374	2,759	0	0
Group/Directors Accounts	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
hp & lease commitments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
other current liabilities	184,557	124,132	243,424	163,032	0	0	0	0	0	0	0	0	0	0
total current liabilities	264,208	215,833	274,719	200,140	207,448	291,472	193,759	227,848	384,353	308,703	5,374	2,759	0	0
loans	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
Accruals and Deferred Income	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
provisions	22,816	30,899	3,371	0	0	0	0	0	0	0	0	0	0	0
total long term liabilities	22,816	30,899	3,371	0	0	0	0	0	0	0	0	0	0	0
total liabilities	287,024	246,732	278,090	200,140	207,448	291,472	193,759	227,848	384,353	308,703	5,374	2,759	0	0
net assets	828,655	602,805	917,091	719,095	544,432	1,689,750	1,359,750	1,192,482	812,541	657,521	23,808	7,415	100	100
total shareholders funds	828,655	602,805	917,091	719,095	544,432	1,689,750	1,359,750	1,192,482	812,541	657,521	23,808	7,415	100	100

	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	280,009	-325,333	242,052	215,436	-1,146,207	397,587	201,217	473,127	191,809	801,016	21,194	9,602	0	0	0
Depreciation	32,971	17,643	10,020	20,051	15,132	17,826	2,017	20,915	26,680	7,537	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-75,283	0	-46,444	-40,994	0	-77,407	-39,236	-94,960	-38,755	-168,455	-4,897	-2,310	0	0	0
Stock	-1,384	14,886	-20,444	-47,471	16,471	51,020	-16,013	7,645	-2,938	140,055	0	0	0	0	0
Debtors	-34,191	-417,249	405,212	130,178	-28,612	20,526	13,531	-396,370	248,463	371,601	-840	840	100	0	0
Creditors	-12,050	60,406	-5,813	-170,340	-84,024	97,713	-34,089	-156,505	75,650	303,329	2,615	2,759	0	0	0
Accruals and Deferred Income	60,425	-119,292	80,392	163,032	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	-8,083	27,528	3,371	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	313,564	63,315	-101,190	104,478	-1,202,958	364,173	132,391	631,302	9,859	431,771	19,752	9,211	-100	0	0
Investing Activities
capital expenditure	-638	-123,498	31,139	-41,702	-4,462	-15,905	9,401	-2,522	-83,657	-30,211	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	-100	100	0
cash flow from investments	-638	-123,498	31,139	-41,702	-4,462	-15,905	9,401	-2,522	-83,657	-30,211	0	0	100	-100	0
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	0	0	0	-100	0	0	0	100	0	0	0	0	0	100	0
interest	21,125	11,047	2,387	321	889	9,820	5,287	1,674	1,966	1,152	96	23	0	0	0
cash flow from financing	21,125	11,047	2,387	221	889	9,820	5,287	1,774	1,966	1,152	96	23	0	100	0
cash and cash equivalents
cash	334,050	-49,136	-67,663	62,997	-1,199,772	359,173	144,673	630,583	-77,299	402,712	19,848	9,234	0	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	334,050	-49,136	-67,663	62,997	-1,199,772	359,173	144,673	630,583	-77,299	402,712	19,848	9,234	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for freewall systems limited. Get real-time insights into freewall systems limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for freewall systems limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other small companies, companies in RH14 area or any other competitors across 12 key performance metrics.

FREEWALL SYSTEMS LIMITED group structure

Freewall Systems Limited has no subsidiary companies.

Ultimate parent company

FREEWALL SYSTEMS LIMITED

04186883

FREEWALL SYSTEMS LIMITED Shareholders

freewall holdings limited

100%

Freewall Systems Limited currently has 2 directors. The longest serving directors include Mr Mark Hurman (Apr 2001) and Mr Gavin Hurman (Apr 2001).

officer	country	age	start	end	role
Mr Mark Hurman		58 years	Apr 2001	-	Director
Mr Gavin Hurman	England	54 years	Apr 2001	-	Director

P&L

March 2024

turnover

1.7m

+1%

operating profit

280k

gross margin

25.1%

+0.22%

turnover

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

Balance Sheet

March 2024

net assets

828.7k

+0.37%

total assets

1.1m

+0.31%

cash

569.4k

+1.42%

net assets

Total assets minus all liabilities

Similar Companies

tt construction solutions limited

armour contracts (holdings) limited

city central contracts limited

3.5

m.c.b. dewatering limited

capital hoist solutions limited

1.5

company number

04186883

Type

Private limited with Share Capital

industry

43999 - Specialised construction activities (other than scaffold erection) n.e.c.

incorporation date

March 2001

ultimate parent company

None

previous names

direct racking limited (March 2014)

address

freewall systems ltd daux road, billingshurst, west sussex, RH14 9SJ

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 freewall systems limited.

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 FREEWALL SYSTEMS LIMITED. This can take several minutes, an email will notify you when this has completed.

freewall systems limited Company Information

freewall systems limited Estimated Valuation

freewall systems limited Estimated Valuation

freewall systems limited Estimated Valuation

Freewall Systems Limited Overview

Freewall Systems Limited Health Check

FREEWALL SYSTEMS LIMITED financials

freewall systems limited Credit Report and Business Information

Freewall Systems Limited Competitor Analysis

freewall systems limited Ownership

freewall systems limited directors

freewall systems limited company details

freewall systems limited Charges & Mortgages

freewall systems limited Capital Raised & Share Issues BETA

freewall systems limited Companies House Filings - See Documents