totally free wills ltd
totally free wills ltd Company Information
Company Number
06044279
Website
-Registered Address
4 castlecroft court, castlecroft road, bury, lancashire, BL9 0LN
Industry
Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
Telephone
-
Next Accounts Due
October 2024
Group Structure
View All
Shareholders
richard isaac harris 50%
stephen lawrence cainer 50%
totally free wills ltd Estimated Valuation
Pomanda estimates the enterprise value of TOTALLY FREE WILLS LTD at £16.3k based on a Turnover of £35.2k and 0.46x industry multiple (adjusted for size and gross margin).
totally free wills ltd Estimated Valuation
Pomanda estimates the enterprise value of TOTALLY FREE WILLS LTD at £0 based on an EBITDA of £-1.4k and a 3.4x industry multiple (adjusted for size and gross margin).
totally free wills ltd Estimated Valuation
Pomanda estimates the enterprise value of TOTALLY FREE WILLS LTD at £0 based on Net Assets of £-122.9k and 0.06x industry multiple (adjusted for liquidity).
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Totally Free Wills Ltd Overview
Totally Free Wills Ltd is a live company located in bury, BL9 0LN with a Companies House number of 06044279. It operates in the activities of patent and copyright agents sector, SIC Code 69109. Founded in January 2007, it's largest shareholder is richard isaac harris with a 50% stake. Totally Free Wills Ltd is a established, micro sized company, Pomanda has estimated its turnover at £35.2k with rapid growth in recent years.
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Totally Free Wills Ltd Health Check
Pomanda's financial health check has awarded Totally Free Wills Ltd a 2 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
3 Strong
1 Regular
6 Weak
Size
annual sales of £35.2k, make it smaller than the average company (£591k)
- Totally Free Wills Ltd
£591k - Industry AVG
Growth
3 year (CAGR) sales growth of 53%, show it is growing at a faster rate (7.6%)
- Totally Free Wills Ltd
7.6% - Industry AVG
Production
with a gross margin of 32.6%, this company has a higher cost of product (65.1%)
- Totally Free Wills Ltd
65.1% - Industry AVG
Profitability
an operating margin of -3.9% make it less profitable than the average company (16.5%)
- Totally Free Wills Ltd
16.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (7)
- Totally Free Wills Ltd
7 - Industry AVG
Pay Structure
on an average salary of £31.7k, the company has an equivalent pay structure (£31.7k)
- Totally Free Wills Ltd
£31.7k - Industry AVG
Efficiency
resulting in sales per employee of £35.2k, this is less efficient (£77k)
- Totally Free Wills Ltd
£77k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (51 days)
- Totally Free Wills Ltd
51 days - Industry AVG
Creditor Days
its suppliers are paid after 1887 days, this is slower than average (23 days)
- Totally Free Wills Ltd
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Totally Free Wills Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Totally Free Wills Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 175658.6%, this is a higher level of debt than the average (53%)
175658.6% - Totally Free Wills Ltd
53% - Industry AVG
TOTALLY FREE WILLS LTD financials
Totally Free Wills Ltd's latest turnover from January 2023 is estimated at £35.2 thousand and the company has net assets of -£122.9 thousand. According to their latest financial statements, we estimate that Totally Free Wills Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 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 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 70 | 29 | 79 | 20 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 88 | 440 | 1,785 | 3,126 | 3,530 | 4,028 | 2,258 | 1,125 | 133 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 70 | 29 | 79 | 20 | 24 | 88 | 440 | 1,785 | 3,126 | 3,530 | 4,028 | 2,258 | 1,125 | 133 |
| total assets | 70 | 29 | 79 | 20 | 24 | 88 | 440 | 1,785 | 3,126 | 3,530 | 4,028 | 2,258 | 1,125 | 133 |
| 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 | 122,745 | 121,345 | 121,095 | 121,845 | 121,395 | 28,056 | 28,056 | 121,095 | 121,095 | 121,134 | 121,186 | 121,368 | 119,348 | 109,206 |
| 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 | 0 | 0 | 0 | 0 | 0 | 93,039 | 93,039 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 122,745 | 121,345 | 121,095 | 121,845 | 121,395 | 121,095 | 121,095 | 121,095 | 121,095 | 121,134 | 121,186 | 121,368 | 119,348 | 109,206 |
| 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 | 216 | 216 | 216 | 216 | 180 | 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 216 | 216 | 216 | 216 | 180 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 122,961 | 121,561 | 121,311 | 122,061 | 121,575 | 121,095 | 121,095 | 121,095 | 121,095 | 121,134 | 121,186 | 121,368 | 119,348 | 109,206 |
| net assets | -122,891 | -121,532 | -121,232 | -122,041 | -121,551 | -121,007 | -120,655 | -119,310 | -117,969 | -117,604 | -117,158 | -119,110 | -118,223 | -109,073 |
| total shareholders funds | -122,891 | -121,532 | -121,232 | -122,041 | -121,551 | -121,007 | -120,655 | -119,310 | -117,969 | -117,604 | -117,158 | -119,110 | -118,223 | -109,073 |
| Jan 2023 | Jan 2022 | Jan 2021 | Jan 2020 | Jan 2019 | Jan 2018 | Jan 2017 | Jan 2016 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 41 | -50 | 59 | -4 | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 1,400 | 250 | -750 | 450 | 93,339 | 0 | -93,039 | 0 | -39 | -52 | -182 | 2,020 | 10,142 | 109,206 |
| Accruals and Deferred Income | 0 | 0 | 0 | 36 | -92,859 | 0 | 93,039 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 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 |
| Hire Purchase and Lease Commitments | 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 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | 0 | 0 | 0 | 0 | -88 | -352 | -1,345 | -1,341 | -404 | -498 | 1,770 | 1,133 | 992 | 133 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | -88 | -352 | -1,345 | -1,341 | -404 | -498 | 1,770 | 1,133 | 992 | 133 |
totally free wills ltd Credit Report and Business Information
Totally Free Wills Ltd Competitor Analysis
Perform a competitor analysis for totally free wills ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in BL9 area or any other competitors across 12 key performance metrics.
totally free wills ltd Ownership
TOTALLY FREE WILLS LTD group structure
Totally Free Wills Ltd has no subsidiary companies.
Ultimate parent company
TOTALLY FREE WILLS LTD
06044279
totally free wills ltd directors
Totally Free Wills Ltd currently has 2 directors. The longest serving directors include Mr Stephen Cainer (Jun 2007) and Mr Richard Harris (Jun 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Cainer | England | 58 years | Jun 2007 | - | Director |
| Mr Richard Harris | England | 57 years | Jun 2007 | - | Director |
P&L
January 2023turnover
35.2k
-35%
operating profit
-1.4k
0%
gross margin
32.6%
-11.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2023net assets
-122.9k
+0.01%
total assets
70
+1.41%
cash
0
0%
net assets
Total assets minus all liabilities
totally free wills ltd company details
company number
06044279
Type
Private limited with Share Capital
industry
69109 - Activities of patent and copyright agents; other legal activities (other than those of barristers and solicitors) n.e.c.
incorporation date
January 2007
age
17
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
January 2023
address
4 castlecroft court, castlecroft road, bury, lancashire, BL9 0LN
accountant
-
auditor
-
totally free wills 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 did not find charges/mortgages relating to totally free wills ltd.
totally free wills ltd Companies House Filings - See Documents
| date | description | view/download |
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