freegate ltd
freegate ltd Company Information
Group Structure
View All
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Registered Address
115 craven park road, london, N15 6BL
Website
freegategroup.comfreegate ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEGATE LTD at £591.2k based on a Turnover of £177.9k and 3.32x industry multiple (adjusted for size and gross margin).
freegate ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEGATE LTD at £1.5m based on an EBITDA of £237.2k and a 6.5x industry multiple (adjusted for size and gross margin).
freegate ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEGATE LTD at £3.7m based on Net Assets of £2.1m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freegate Ltd Overview
Freegate Ltd is a live company located in london, N15 6BL with a Companies House number of 05103965. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2004, it's largest shareholder is israel krausz with a 100% stake. Freegate Ltd is a mature, micro sized company, Pomanda has estimated its turnover at £177.9k with rapid growth in recent years.
Upgrade for unlimited company reports & a free credit check
Freegate Ltd Health Check
Pomanda's financial health check has awarded Freegate Ltd a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
3 Weak
Size
annual sales of £177.9k, make it smaller than the average company (£950k)
- Freegate Ltd
£950k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (4.7%)
- Freegate Ltd
4.7% - Industry AVG
Production
with a gross margin of 72.9%, this company has a comparable cost of product (72.9%)
- Freegate Ltd
72.9% - Industry AVG
Profitability
an operating margin of 132.6% make it more profitable than the average company (25.4%)
- Freegate Ltd
25.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Freegate Ltd
4 - Industry AVG
Pay Structure
on an average salary of £32.6k, the company has an equivalent pay structure (£32.6k)
- Freegate Ltd
£32.6k - Industry AVG
Efficiency
resulting in sales per employee of £177.9k, this is equally as efficient (£184.9k)
- Freegate Ltd
£184.9k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is near the average (32 days)
- Freegate Ltd
32 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Freegate Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freegate Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (10 weeks)
0 weeks - Freegate Ltd
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 67.1%, this is a similar level of debt than the average (68.7%)
67.1% - Freegate Ltd
68.7% - Industry AVG
FREEGATE LTD financials
Freegate Ltd's latest turnover from January 2024 is estimated at £177.9 thousand and the company has net assets of £2.1 million. According to their latest financial statements, we estimate that Freegate Ltd has 1 employee and maintains cash reserves of £29.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 7,313 | 8,603 | 10,121 | 11,908 | 14,009 | 14,964 | 15,678 | 20 | 29 | 43 | 63 | 93 | 1,724,575 | 1,724,642 | 1,724,742 |
| Intangible Assets | |||||||||||||||
| Investments & Other | 4,007,501 | 4,007,501 | 3,960,001 | 3,960,000 | 2,571,071 | 2,550,186 | 2,550,186 | 2,189,063 | 2,030,000 | 1,724,437 | 1,724,437 | 1,724,437 | |||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 4,014,814 | 4,016,104 | 3,970,122 | 3,971,908 | 2,585,080 | 2,565,150 | 2,565,864 | 2,189,083 | 2,030,029 | 1,724,480 | 1,724,500 | 1,724,530 | 1,724,575 | 1,724,642 | 1,724,742 |
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 15,771 | 19,185 | 11,075 | 237,438 | 242,438 | 32,261 | |||||||||
| Group Debtors | 59,999 | 59,999 | 59,999 | ||||||||||||
| Misc Debtors | 2,306,584 | 2,306,584 | 2,137,684 | 269,896 | 249,178 | ||||||||||
| Cash | 29,851 | 54,470 | 123,469 | 112,266 | 38,784 | 999 | 5,496 | 5,968 | 7,703 | 822 | 5,415 | 10,380 | 7,779 | 41,194 | 35,802 |
| misc current assets | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | |||||||||
| total current assets | 2,426,205 | 2,454,238 | 2,346,227 | 396,162 | 301,962 | 252,437 | 247,934 | 5,968 | 7,703 | 33,083 | 5,415 | 10,380 | 7,779 | 41,194 | 35,802 |
| total assets | 6,441,019 | 6,470,342 | 6,316,349 | 4,368,070 | 2,887,042 | 2,817,587 | 2,813,798 | 2,195,051 | 2,037,732 | 1,757,563 | 1,729,915 | 1,734,910 | 1,732,354 | 1,765,836 | 1,760,544 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 26,811 | 22,308 | 2,131,694 | 2,185,690 | 1,665,490 | 1,548,154 | 411,208 | 350,654 | 325,240 | 293,247 | 297,483 | 279,417 | |||
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 2,062,424 | 2,074,870 | 1,949,802 | 2,109,065 | 2,121,262 | ||||||||||
| total current liabilities | 2,062,424 | 2,074,870 | 1,949,802 | 2,135,876 | 2,143,570 | 2,131,694 | 2,185,690 | 1,665,490 | 1,548,154 | 411,208 | 350,654 | 325,240 | 293,247 | 297,483 | 279,417 |
| loans | 1,993,807 | 2,019,947 | 2,079,866 | 1,162,462 | 1,212,853 | 1,262,960 | 1,313,673 | 1,398,449 | |||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 1,366,258 | ||||||||||||||
| provisions | 263,896 | 263,896 | 263,896 | 263,896 | |||||||||||
| total long term liabilities | 2,257,703 | 2,283,843 | 2,343,762 | 263,896 | 1,162,462 | 1,212,853 | 1,262,960 | 1,313,673 | 1,366,258 | 1,398,449 | |||||
| total liabilities | 4,320,127 | 4,358,713 | 4,293,564 | 2,399,772 | 2,143,570 | 2,131,694 | 2,185,690 | 1,665,490 | 1,548,154 | 1,573,670 | 1,563,507 | 1,588,200 | 1,606,920 | 1,663,741 | 1,677,866 |
| net assets | 2,120,892 | 2,111,629 | 2,022,785 | 1,968,298 | 743,472 | 685,893 | 628,108 | 529,561 | 489,578 | 183,893 | 166,408 | 146,710 | 125,434 | 102,095 | 82,678 |
| total shareholders funds | 2,120,892 | 2,111,629 | 2,022,785 | 1,968,298 | 743,472 | 685,893 | 628,108 | 529,561 | 489,578 | 183,893 | 166,408 | 146,710 | 125,434 | 102,095 | 82,678 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 1,290 | 1,518 | 1,787 | 2,101 | 2,481 | 2,644 | 2,771 | 9 | 14 | 20 | 30 | 45 | 67 | 100 | 151 |
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -3,414 | 177,010 | 1,938,862 | 20,718 | 11,740 | -5,000 | 242,438 | -32,261 | 32,261 | ||||||
| Creditors | -26,811 | 4,503 | -2,109,386 | -53,996 | 520,200 | 117,336 | 1,136,946 | 60,554 | 25,414 | 31,993 | -4,236 | 18,066 | 279,417 | ||
| Accruals and Deferred Income | -12,446 | 125,068 | -159,263 | -12,197 | 2,121,262 | ||||||||||
| Deferred Taxes & Provisions | 263,896 | ||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 47,500 | 1 | 1,388,929 | 20,885 | 361,123 | 159,063 | 305,563 | 1,724,437 | |||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | -26,140 | -59,919 | 2,079,866 | -1,162,462 | -50,391 | -50,107 | -50,713 | 1,313,673 | -1,398,449 | 1,398,449 | |||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -1,366,258 | 1,366,258 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -24,619 | -68,999 | 11,203 | 73,482 | 37,785 | -4,497 | -472 | -1,735 | 6,881 | -4,593 | -4,965 | 2,601 | -33,415 | 5,392 | 35,802 |
| overdraft | |||||||||||||||
| change in cash | -24,619 | -68,999 | 11,203 | 73,482 | 37,785 | -4,497 | -472 | -1,735 | 6,881 | -4,593 | -4,965 | 2,601 | -33,415 | 5,392 | 35,802 |
freegate ltd Credit Report and Business Information
Freegate Ltd Competitor Analysis
Perform a competitor analysis for freegate ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in N15 area or any other competitors across 12 key performance metrics.
freegate ltd Ownership
FREEGATE LTD group structure
Freegate Ltd has no subsidiary companies.
Ultimate parent company
FREEGATE LTD
05103965
freegate ltd directors
Freegate Ltd currently has 1 director, Mr Israel Krausz serving since Jan 2016.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Israel Krausz | United Kingdom | 58 years | Jan 2016 | - | Director |
P&L
January 2024turnover
177.9k
-15%
operating profit
235.9k
0%
gross margin
72.9%
+0.51%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
2.1m
0%
total assets
6.4m
0%
cash
29.9k
-0.45%
net assets
Total assets minus all liabilities
Similar Companies
freegate ltd company details
company number
05103965
Type
Private limited with Share Capital
industry
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
incorporation date
April 2004
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
January 2024
previous names
N/A
accountant
VENITT AND GREAVES
auditor
-
address
115 craven park road, london, N15 6BL
Bank
-
Legal Advisor
-
freegate 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 7 charges/mortgages relating to freegate ltd. Currently there are 2 open charges and 5 have been satisfied in the past.
freegate 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.
Click to start generating capital raising & share issue transactions for FREEGATE LTD. This can take several minutes, an email will notify you when this has completed.
freegate ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
