Pomanda estimates the enterprise value of FREESTYLE IT LIMITED at £258.6k based on a Turnover of £356.2k and 0.73x industry multiple (adjusted for size and gross margin).
freestyle it limitedEstimated Valuation
£6.2m
Pomanda estimates the enterprise value of FREESTYLE IT LIMITED at £6.2m based on an EBITDA of £1.3m and a 4.94x industry multiple (adjusted for size and gross margin).
freestyle it limitedEstimated Valuation
£3.9m
Pomanda estimates the enterprise value of FREESTYLE IT LIMITED at £3.9m based on Net Assets of £1.7m and 2.25x industry multiple (adjusted for liquidity).
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Freestyle It LimitedOverview
Freestyle It Limited is a live company located in hook, RG27 9GR with a Companies House number of 04580919. It operates in the other information technology service activities sector, SIC Code 62090. Founded in November 2002, it's largest shareholder is
warwick john harvey everett
with a 50% stake. Freestyle It Limited is a mature,
micro sized company, Pomanda has estimated its turnover at
£356.2k with
declining
growth in recent years.
Pomanda's financial health check has awarded Freestyle It Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating4.5out of 5
3 Strong
3 Regular
3 Weak
Size
annual sales of £356.2k, make it smaller than the average company (£7.4m)
£356.2k - Freestyle It Limited
£7.4m - Industry AVG
Growth
3 year (CAGR) sales growth of -54%, show it is growing at a slower rate (8%)
-54% - Freestyle It Limited
8% - Industry AVG
Production
with a gross margin of 51.7%, this company has a comparable cost of product (51.7%)
51.7% - Freestyle It Limited
51.7% - Industry AVG
Profitability
an operating margin of 352.4% make it more profitable than the average company (3.5%)
352.4% - Freestyle It Limited
3.5% - Industry AVG
Employees
with 2 employees, this is below the industry average (43)
2 - Freestyle It Limited
43 - Industry AVG
Pay Structure
on an average salary of £74.4k, the company has an equivalent pay structure (£74.4k)
£74.4k - Freestyle It Limited
£74.4k - Industry AVG
Efficiency
resulting in sales per employee of £178.1k, this is equally as efficient (£178.1k)
£178.1k - Freestyle It Limited
£178.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Freestyle It Limited
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Freestyle It Limited
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Freestyle It Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 85 weeks, this is more cash available to meet short term requirements (14 weeks)
85 weeks - Freestyle It Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 50.3%, this is a lower level of debt than the average (64.7%)
50.3% - Freestyle It Limited
64.7% - Industry AVG
FREESTYLE IT LIMITED financials
EXPORT
Freestyle It Limited's latest turnover from December 2023 is estimated at £356.2 thousand and the company has net assets of £1.7 million. According to their latest financial statements, Freestyle It Limited has 2 employees and maintains cash reserves of £2.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Turnover
356,249
5,178,664
2,714,583
3,576,704
4,894,680
2,649,818
9,044,842
5,800,710
5,328,981
6,023,570
7,257,178
7,038,493
6,453,259
6,372,542
4,876,264
Other Income Or Grants
Cost Of Sales
172,064
2,455,710
1,284,922
1,712,205
2,348,699
1,247,918
7,762,289
4,645,982
4,296,456
4,872,129
6,037,718
5,823,843
5,238,720
5,203,053
4,033,105
Gross Profit
184,185
2,722,954
1,429,661
1,864,499
2,545,981
1,401,900
1,282,553
1,154,728
1,032,525
1,151,441
1,219,460
1,214,650
1,214,539
1,169,489
843,159
Admin Expenses
-1,071,360
2,784,394
1,340,994
1,860,559
2,521,600
1,392,091
899,372
825,980
827,730
926,224
957,010
852,853
840,678
757,768
609,251
Operating Profit
1,255,545
-61,440
88,667
3,940
24,381
9,809
383,181
328,748
204,795
225,217
262,450
361,797
373,861
411,721
233,908
Interest Payable
3,171
7,318
25,955
5,604
11,352
2,452
4,168
5,231
6,177
7,112
8,067
9,704
Interest Receivable
130,417
63,151
3,100
751
4,399
2,402
19,016
19,016
19,041
20,641
17,493
19,115
19,073
20,654
14,308
Pre-Tax Profit
1,385,961
1,711
91,767
1,520
21,462
-13,744
396,593
336,412
221,384
241,690
274,712
374,735
385,822
424,308
238,512
Tax
-346,490
-325
-17,436
-289
-4,078
-78,557
-68,367
-45,807
-50,824
-57,600
-83,277
-92,230
-104,046
-53,455
Profit After Tax
1,039,471
1,386
74,331
1,231
17,384
-13,744
318,036
268,045
175,577
190,866
217,112
291,458
293,592
320,262
185,057
Dividends Paid
213,000
203,000
200,000
200,000
220,000
195,000
220,000
260,000
160,000
Retained Profit
1,039,471
1,386
74,331
1,231
17,384
-13,744
105,036
65,045
-24,423
-9,134
-2,888
96,458
73,592
60,262
25,057
Employee Costs
148,707
634,167
875,561
821,826
862,010
1,142,421
1,205,983
1,220,274
1,984,471
2,134,844
2,570,545
2,477,535
2,237,857
2,247,709
Number Of Employees
2
9
13
13
14
19
21
22
36
39
48
47
43
45
EBITDA*
1,255,545
-60,924
89,183
4,576
25,581
10,229
383,781
329,348
210,195
230,617
267,850
367,872
380,221
424,441
243,585
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Tangible Assets
600,831
602,421
602,937
603,453
604,089
605,289
606,489
608,289
610,089
615,489
620,889
626,251
631,010
634,971
637,156
Intangible Assets
Investments & Other
1,500
1,500
1,500
1,500
1,500
Debtors (Due After 1 year)
Total Fixed Assets
600,831
603,921
604,437
604,953
605,589
606,789
606,489
608,289
610,089
615,489
620,889
626,251
631,010
634,971
637,156
Stock & work in progress
117,753
188,355
137,779
256,551
265,430
324,896
220,959
293,363
46,093
21,946
Trade Debtors
1,165,736
523,601
725,884
1,153,899
457,212
2,815,643
708,921
729,887
938,705
1,188,201
910,278
517,879
974,576
681,096
Group Debtors
305,289
22,220
Misc Debtors
233,580
97,022
157,842
88,694
190,343
395,235
75,770
75,587
95,578
45,608
30,885
12,521
14,139
Cash
2,881,777
2,086,477
1,522,154
957,936
544,320
628,701
11,757
53,318
46,151
56,127
56,304
36,186
538,245
50,282
396,997
misc current assets
1,500
total current assets
2,883,277
3,485,793
2,142,777
2,146,951
1,809,133
1,394,009
3,410,990
975,788
1,108,176
1,355,840
1,615,009
1,198,308
1,362,008
1,085,090
1,100,039
total assets
3,484,108
4,089,714
2,747,214
2,751,904
2,414,722
2,000,798
4,017,479
1,584,077
1,718,265
1,971,329
2,235,898
1,824,559
1,993,018
1,720,061
1,737,195
Bank overdraft
10,130
10,130
546,015
10,130
234,749
131,516
484,508
157,436
19,927
93,594
176,502
Bank loan
Trade Creditors
953,786
328,235
583,275
537,638
389,579
2,278,577
709,151
612,738
951,191
838,737
667,352
1,028,457
737,209
712,079
Group/Directors Accounts
1,717,873
2,283,910
1,294,269
other short term finances
hp & lease commitments
other current liabilities
33,926
159,180
433,258
1,551,508
1,157,217
899,865
470,469
242,842
303,739
259,684
249,071
289,299
285,998
260,619
237,682
total current liabilities
1,751,799
3,396,876
2,055,762
2,134,783
1,704,985
1,299,574
3,295,061
962,123
1,151,226
1,342,391
1,572,316
1,114,087
1,334,382
1,091,422
1,126,263
loans
93,847
102,718
110,168
114,740
124,870
162,346
187,856
231,858
276,480
320,075
362,630
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
93,847
102,718
110,168
114,740
124,870
162,346
187,856
231,858
276,480
320,075
362,630
total liabilities
1,751,799
3,396,876
2,055,762
2,134,783
1,798,832
1,402,292
3,405,229
1,076,863
1,276,096
1,504,737
1,760,172
1,345,945
1,610,862
1,411,497
1,488,893
net assets
1,732,309
692,838
691,452
617,121
615,890
598,506
612,250
507,214
442,169
466,592
475,726
478,614
382,156
308,564
248,302
total shareholders funds
1,732,309
692,838
691,452
617,121
615,890
598,506
612,250
507,214
442,169
466,592
475,726
478,614
382,156
308,564
248,302
Dec 2023
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Dec 2015
Dec 2014
Dec 2013
Dec 2012
Dec 2011
Dec 2010
Dec 2009
Operating Activities
Operating Profit
1,255,545
-61,440
88,667
3,940
24,381
9,809
383,181
328,748
204,795
225,217
262,450
361,797
373,861
411,721
233,908
Depreciation
516
516
636
1,200
420
600
600
5,400
5,400
5,400
6,075
6,360
6,360
9,677
Amortisation
6,360
Tax
-346,490
-325
-17,436
-289
-4,078
-78,557
-68,367
-45,807
-50,824
-57,600
-83,277
-92,230
-104,046
-53,455
Stock
-117,753
-70,602
50,576
-118,772
-8,879
-59,466
103,937
-72,404
247,270
24,147
21,946
Debtors
-1,399,316
778,693
-568,392
-75,798
617,258
-2,563,323
2,426,187
-20,783
-228,809
-199,526
292,646
410,763
-458,315
307,619
681,096
Creditors
-953,786
625,551
-255,040
45,637
148,059
-1,888,998
1,569,426
96,413
-338,453
112,454
171,385
-361,105
291,248
25,130
712,079
Accruals and Deferred Income
-125,254
-274,078
-1,118,250
394,291
257,352
429,396
227,627
-60,897
44,055
10,613
-40,228
3,301
25,379
22,937
237,682
Deferred Taxes & Provisions
Cash flow from operations
1,229,331
-488,469
-733,151
520,013
-72,591
1,184,552
-374,486
436,052
107,678
561,852
-55,176
-411,568
815,663
36,696
436,849
Investing Activities
capital expenditure
1,590
780
1,200
1,200
-38
-1,316
-2,399
-10,535
-646,833
Change in Investments
-1,500
1,500
cash flow from investments
3,090
-720
1,200
1,200
-38
-1,316
-2,399
-10,535
-646,833
Financing Activities
Bank loans
Group/Directors Accounts
-566,037
989,641
1,294,269
Other Short Term Loans
Long term loans
-93,847
-8,871
-7,450
-4,572
-10,130
-37,476
-25,510
-44,002
-44,622
-43,595
-42,555
362,630
Hire Purchase and Lease Commitments
other long term liabilities
share issue
223,245
interest
130,417
63,151
3,100
-2,420
-2,919
-23,553
13,412
7,664
16,589
16,473
12,262
12,938
11,961
12,587
4,604
cash flow from financing
-435,620
1,052,792
1,297,369
-96,267
-11,790
-31,003
8,840
-2,466
-20,887
-9,037
-31,740
-31,684
-31,634
-29,968
590,479
cash and cash equivalents
cash
795,300
564,323
564,218
413,616
-84,381
616,944
-41,561
7,167
-9,976
-177
20,118
-502,059
487,963
-346,715
396,997
overdraft
-10,130
-535,885
535,885
-224,619
103,233
-352,992
327,072
137,509
-73,667
-82,908
176,502
change in cash
795,300
564,323
564,218
423,746
-84,381
1,152,829
-577,446
231,786
-113,209
352,815
-306,954
-639,568
561,630
-263,807
220,495
freestyle it limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for freestyle it limited. Get real-time insights into freestyle it limited's credit score, group structure and payment trends.
Perform a competitor analysis for freestyle it limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other micro companies, companies in RG27 area or any other competitors across 12 key performance metrics.
freestyle it limited Ownership
FREESTYLE IT LIMITED group structure
Freestyle It Limited has no subsidiary companies.
Ultimate parent company
FREESTYLE IT LIMITED
04580919
FREESTYLE IT LIMITED Shareholders
The largest shareholders in Freestyle It Limited include Warwick John Harvey Everett and Jonathan Guy Wright.
warwick john harvey everett
50%
jonathan guy wright
50%
freestyle it limited directors
Freestyle It Limited currently has 2 directors.
The longest serving directors include
Mr Warwick Everett (Mar 2003) and
Mr Jonathan Wright (Mar 2003).
62090 - Other information technology and computer service activities
incorporation date
November 2002
age
23
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
WULMER ASSOCIATES
auditor
-
address
2 murrell green business park, london road, hook, hampshire, RG27 9GR
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
freestyle it limited 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 6 charges/mortgages relating to freestyle it limited. Currently there are 2 open charges and 4 have been satisfied in the past.
freestyle it limited 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 FREESTYLE IT LIMITED. This can take several minutes, an email will notify you when this has completed.
freestyle it limitedCompanies House Filings - See Documents
