freeman lunn accountancy services limited

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freeman lunn accountancy services limited Company Information

Share FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED

Company Number

05534869

Directors

Peter Lunn

Shareholders

peter charles lunn

janice margaret lunn

Group Structure

View All

Industry

Bookkeeping activities

 +2

Registered Address

11 marlings park avenue, chislehurst, kent, BR7 6QN

Website

-

freeman lunn accountancy services limited Estimated Valuation

£50.2k

Pomanda estimates the enterprise value of FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED at £50.2k based on a Turnover of £66.1k and 0.76x industry multiple (adjusted for size and gross margin).

freeman lunn accountancy services limited Estimated Valuation

£0

Pomanda estimates the enterprise value of FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED at £0 based on an EBITDA of £-1.5k and a 4.88x industry multiple (adjusted for size and gross margin).

freeman lunn accountancy services limited Estimated Valuation

£1.2m

Pomanda estimates the enterprise value of FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED at £1.2m based on Net Assets of £343.9k and 3.53x industry multiple (adjusted for liquidity).

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Freeman Lunn Accountancy Services Limited Overview

Freeman Lunn Accountancy Services Limited is a live company located in kent, BR7 6QN with a Companies House number of 05534869. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in August 2005, it's largest shareholder is peter charles lunn with a 80% stake. Freeman Lunn Accountancy Services Limited is a mature, micro sized company, Pomanda has estimated its turnover at £66.1k with low growth in recent years.

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Freeman Lunn Accountancy Services Limited Health Check

Pomanda's financial health check has awarded Freeman Lunn Accountancy Services Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating3.5out of 5
positive_score

3 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £66.1k, make it smaller than the average company (£173.4k)

£66.1k - Freeman Lunn Accountancy Services Limited

£173.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (8.5%)

2% - Freeman Lunn Accountancy Services Limited

8.5% - Industry AVG

production

Production

with a gross margin of 86.1%, this company has a comparable cost of product (86.1%)

86.1% - Freeman Lunn Accountancy Services Limited

86.1% - Industry AVG

profitability

Profitability

an operating margin of -2.8% make it less profitable than the average company (7%)

-2.8% - Freeman Lunn Accountancy Services Limited

7% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (3)

2 - Freeman Lunn Accountancy Services Limited

3 - Industry AVG

paystructure

Pay Structure

on an average salary of £38k, the company has an equivalent pay structure (£38k)

£38k - Freeman Lunn Accountancy Services Limited

£38k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33k, this is less efficient (£75.1k)

£33k - Freeman Lunn Accountancy Services Limited

£75.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 37 days, this is earlier than average (84 days)

37 days - Freeman Lunn Accountancy Services Limited

84 days - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Freeman Lunn Accountancy Services Limited

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freeman Lunn Accountancy Services Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1179 weeks, this is more cash available to meet short term requirements (35 weeks)

1179 weeks - Freeman Lunn Accountancy Services Limited

35 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 4.3%, this is a lower level of debt than the average (58.4%)

4.3% - Freeman Lunn Accountancy Services Limited

58.4% - Industry AVG

FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED financials

EXPORTms excel logo

Freeman Lunn Accountancy Services Limited's latest turnover from October 2024 is estimated at £66.1 thousand and the company has net assets of £343.9 thousand. According to their latest financial statements, Freeman Lunn Accountancy Services Limited has 2 employees and maintains cash reserves of £345.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Turnover66,06170,62650,06461,74148,95647,78356,07654,157111,022140,607118,576169,750181,688161,246134,402
Other Income Or Grants
Cost Of Sales9,18614,1449,3578,6064,8441,9713,4805,5689,92813,58511,37112,71912,60017,9079,256
Gross Profit56,87456,48240,70753,13544,11345,81252,59748,589101,093127,022107,205157,031169,088143,338125,147
Admin Expenses58,71759,85939,59853,01447,23447,24447,20627,71275,39898,05293,333126,826132,041107,105111,069-200,550
Operating Profit-1,843-3,3771,109121-3,121-1,4325,39120,87725,69528,97013,87230,20537,04736,23314,078200,550
Interest Payable
Interest Receivable17,10017,6337,3143163162,3262,2527246811,2771,2091,109945767683343
Pre-Tax Profit15,25714,2568,423437-2,8058947,64321,60126,37630,24615,08131,31437,99237,00014,761200,893
Tax-3,814-3,564-1,600-83-170-1,452-4,104-5,275-6,049-3,167-7,202-9,118-9,620-4,133-56,250
Profit After Tax11,44310,6926,823354-2,8057246,19117,49721,10124,19711,91424,11228,87427,38010,628144,643
Dividends Paid
Retained Profit11,44310,6926,823354-2,8057246,19117,49721,10124,19711,91424,11228,87427,38010,628144,643
Employee Costs76,09061,66065,14457,16945,47461,02527,09727,43764,28293,55293,729152,838116,33193,03474,167
Number Of Employees222222112334433
EBITDA*-1,472-3,0331,317399-2,638-9735,79621,35126,19929,57114,64730,93640,99541,26920,737201,396

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Tangible Assets1,1171,0326248321,4481,3781,2141,4201,5091,8052,3232,19111,84415,11019,9772,541
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets1,1171,0326248321,4481,3781,2141,4201,5091,8052,3232,19111,84415,11019,9772,541
Stock & work in progress
Trade Debtors6,7368,2962,5538,6213,5782,19311,01911,05215,50819,26814,78121,05121,67022,07318,43226,261
Group Debtors
Misc Debtors5,4001,4506,0374,6448,1509,0506,6607,3587,372
Cash345,864338,135333,584316,554314,532317,007303,281297,315281,850263,238247,452236,326207,373170,600136,255137,098
misc current assets
total current assets358,000347,881342,174329,819326,260328,250320,960315,725304,730282,506262,233257,377229,043192,673154,687163,359
total assets359,117348,913342,798330,651327,708329,628322,174317,145306,239284,311264,556259,568240,887207,783174,664165,900
Bank overdraft
Bank loan
Trade Creditors 18612,46316,90523,83129,26225,03219,29321,157
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities15,24916,48821,06515,74113,15212,2675,5376,51313,290
total current liabilities15,24916,48821,06515,74113,15212,2675,5376,69913,29012,46316,90523,83129,26225,03219,29321,157
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities15,24916,48821,06515,74113,15212,2675,5376,69913,29012,46316,90523,83129,26225,03219,29321,157
net assets343,868332,425321,733314,910314,556317,361316,637310,446292,949271,848247,651235,737211,625182,751155,371144,743
total shareholders funds343,868332,425321,733314,910314,556317,361316,637310,446292,949271,848247,651235,737211,625182,751155,371144,743
Oct 2024Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016Oct 2015Oct 2014Oct 2013Oct 2012Oct 2011Oct 2010Oct 2009
Operating Activities
Operating Profit-1,843-3,3771,109121-3,121-1,4325,39120,87725,69528,97013,87230,20537,04736,23314,078200,550
Depreciation3713442082784834594054745046017757313,9485,0366,659846
Amortisation
Tax-3,814-3,564-1,600-83-170-1,452-4,104-5,275-6,049-3,167-7,202-9,118-9,620-4,133-56,250
Stock
Debtors2,3901,156-4,6751,537485-6,436-731-4,4703,6124,487-6,270-619-4033,641-7,82926,261
Creditors-186186-12,463-4,442-6,926-5,4314,2305,739-1,86421,157
Accruals and Deferred Income-1,239-4,5775,3242,5898856,730-976-6,77713,290
Deferred Taxes & Provisions
Cash flow from operations-8,915-12,3309,7161,368-2,23812,0233,91315,12618,13914,59310,82418,92236,51033,74722,569140,042
Investing Activities
capital expenditure-456-752338-553-623-199-385-208-83-9078,922-682-169-24,095-3,387
Change in Investments
cash flow from investments-456-752338-553-623-199-385-208-83-9078,922-682-169-24,095-3,387
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest17,10017,6337,3143163162,3262,2527246811,2771,2091,109945767683343
cash flow from financing17,10017,6337,3143163162,3262,2527246811,2771,2091,109945767683443
cash and cash equivalents
cash7,7294,55117,0302,022-2,47513,7265,96615,46518,61215,78611,12628,95336,77334,345-843137,098
overdraft
change in cash7,7294,55117,0302,022-2,47513,7265,96615,46518,61215,78611,12628,95336,77334,345-843137,098

freeman lunn accountancy services limited 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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Freeman Lunn Accountancy Services Limited Competitor Analysis

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Perform a competitor analysis for freeman lunn accountancy services limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BR7 area or any other competitors across 12 key performance metrics.

freeman lunn accountancy services limited Ownership

FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED group structure

Freeman Lunn Accountancy Services Limited has no subsidiary companies.

Ultimate parent company

FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED

05534869

FREEMAN LUNN ACCOUNTANCY SERVICES LIMITED Shareholders

peter charles lunn 80%
janice margaret lunn 20%

freeman lunn accountancy services limited directors

Freeman Lunn Accountancy Services Limited currently has 1 director, Mr Peter Lunn serving since Aug 2005.

officercountryagestartendrole
Mr Peter Lunn78 years Aug 2005- Director

P&L

October 2024

turnover

66.1k

-6%

operating profit

-1.8k

0%

gross margin

86.1%

+7.65%

turnover

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

Balance Sheet

October 2024

net assets

343.9k

+0.03%

total assets

359.1k

+0.03%

cash

345.9k

+0.02%

net assets

Total assets minus all liabilities

freeman lunn accountancy services limited company details

company number

05534869

Type

Private limited with Share Capital

industry

69203 - Tax consultancy

69202 - Bookkeeping activities

69201 - Accounting, and auditing activities

incorporation date

August 2005

age

20

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2024

previous names

N/A

accountant

FREEMAN LUNN

auditor

-

address

11 marlings park avenue, chislehurst, kent, BR7 6QN

Bank

-

Legal Advisor

-

freeman lunn accountancy services 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 did not find charges/mortgages relating to freeman lunn accountancy services limited.

freeman lunn accountancy services 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.

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freeman lunn accountancy services limited Companies House Filings - See Documents

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