Pomanda estimates the enterprise value of FREEWATT LIMITED at £1.1m based on a Turnover of £3.6m and 0.32x industry multiple (adjusted for size and gross margin).
freewatt limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of FREEWATT LIMITED at £0 based on an EBITDA of £-70.4k and a 3.07x industry multiple (adjusted for size and gross margin).
freewatt limitedEstimated Valuation
£453.5k
Pomanda estimates the enterprise value of FREEWATT LIMITED at £453.5k based on Net Assets of £233.3k and 1.94x industry multiple (adjusted for liquidity).
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Freewatt LimitedOverview
Freewatt Limited is a dissolved company that was located in birmingham, B2 5LG with a Companies House number of 06553863. It operated in the other specialised construction activities n.e.c. sector, SIC Code 43999. Founded in April 2008, it's largest shareholder was
freewatt group limited
with a 89.1% stake. The last turnover for Freewatt Limited was estimated at £3.6m.
Pomanda's financial health check has awarded Freewatt Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating3out of 5
3 Strong
2 Regular
7 Weak
Size
annual sales of £3.6m, make it in line with the average company (£4m)
£3.6m - Freewatt Limited
£4m - Industry AVG
Growth
3 year (CAGR) sales growth of 80%, show it is growing at a faster rate (5.8%)
80% - Freewatt Limited
5.8% - Industry AVG
Production
with a gross margin of 15.4%, this company has a higher cost of product (24.7%)
15.4% - Freewatt Limited
24.7% - Industry AVG
Profitability
an operating margin of -4.7% make it less profitable than the average company (5.3%)
-4.7% - Freewatt Limited
5.3% - Industry AVG
Employees
with 12 employees, this is below the industry average (59)
12 - Freewatt Limited
59 - Industry AVG
Pay Structure
on an average salary of £37.7k, the company has an equivalent pay structure (£37.7k)
£37.7k - Freewatt Limited
£37.7k - Industry AVG
Efficiency
resulting in sales per employee of £295.9k, this is more efficient (£165.7k)
£295.9k - Freewatt Limited
£165.7k - Industry AVG
Debtor Days
it gets paid by customers after 72 days, this is later than average (59 days)
72 days - Freewatt Limited
59 days - Industry AVG
Creditor Days
its suppliers are paid after 160 days, this is slower than average (42 days)
160 days - Freewatt Limited
42 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is more than average (10 days)
23 days - Freewatt Limited
10 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (14 weeks)
0 weeks - Freewatt Limited
14 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 86.2%, this is a higher level of debt than the average (69.6%)
86.2% - Freewatt Limited
69.6% - Industry AVG
FREEWATT LIMITED financials
EXPORT
Freewatt Limited's latest turnover from July 2014 is estimated at £3.6 million and the company has net assets of £233.3 thousand. According to their latest financial statements, we estimate that Freewatt Limited has 12 employees and maintains cash reserves of £19.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2014
Jan 2013
Apr 2012
Apr 2011
Apr 2010
Turnover
3,551,280
924,960
1,470,711
610,838
113,163
Other Income Or Grants
Cost Of Sales
3,004,629
776,803
1,229,735
500,270
92,625
Gross Profit
546,651
148,157
240,977
110,568
20,538
Admin Expenses
712,856
377,968
-390,649
1,032
-70,330
Operating Profit
-166,205
-229,811
631,626
109,536
90,868
Interest Payable
1
3
121
119
Interest Receivable
352
1,296
1,301
309
Pre-Tax Profit
-165,853
-228,517
632,924
109,724
90,749
Tax
-151,902
-28,528
-25,410
Profit After Tax
-165,853
-228,517
481,022
81,196
65,339
Dividends Paid
Retained Profit
-165,853
-228,517
481,022
81,196
65,339
Employee Costs
451,837
148,271
220,308
107,585
34,778
Number Of Employees
12
4
6
3
1
EBITDA*
-70,351
-168,262
670,529
126,059
94,322
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2014
Jan 2013
Apr 2012
Apr 2011
Apr 2010
Tangible Assets
440,845
483,805
184,068
173,084
47,024
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
440,845
483,805
184,068
173,084
47,024
Stock & work in progress
190,597
38,343
433,514
114,971
29,451
Trade Debtors
707,084
166,239
197,469
81,979
11,757
Group Debtors
Misc Debtors
333,446
174,685
72,946
Cash
19,408
121,360
396,923
123,477
misc current assets
total current assets
1,250,535
500,627
1,027,906
320,427
114,154
total assets
1,691,380
984,432
1,211,974
493,511
161,178
Bank overdraft
45
45
3,663
Bank loan
Trade Creditors
1,320,638
377,959
503,189
266,959
45,240
Group/Directors Accounts
other short term finances
hp & lease commitments
26,803
20,907
2,646
other current liabilities
36,145
total current liabilities
1,320,638
377,959
530,037
287,911
87,694
loans
hp & lease commitments
39,447
58,965
8,144
Accruals and Deferred Income
other liabilities
137,455
188,454
provisions
18,879
14,833
total long term liabilities
137,455
207,333
54,280
58,965
8,144
total liabilities
1,458,093
585,292
584,317
346,876
95,838
net assets
233,287
399,140
627,657
146,635
65,340
total shareholders funds
233,287
399,140
627,657
146,635
65,340
Jul 2014
Jan 2013
Apr 2012
Apr 2011
Apr 2010
Operating Activities
Operating Profit
-166,205
-229,811
631,626
109,536
90,868
Depreciation
95,854
61,549
38,903
16,523
3,454
Amortisation
Tax
-151,902
-28,528
-25,410
Stock
152,254
-395,171
318,543
85,520
29,451
Debtors
699,606
143,455
115,490
-2,724
84,703
Creditors
942,679
-125,230
236,230
221,719
45,240
Accruals and Deferred Income
-36,145
36,145
Deferred Taxes & Provisions
-18,879
4,046
14,833
Cash flow from operations
1,589
-37,730
335,657
200,309
36,143
Investing Activities
capital expenditure
-52,894
-361,286
-49,887
-142,583
-50,478
Change in Investments
cash flow from investments
-52,894
-361,286
-49,887
-142,583
-50,478
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
-66,250
-13,622
69,082
10,790
other long term liabilities
-50,999
188,454
share issue
99
1
interest
352
1,295
1,298
188
-119
cash flow from financing
-50,647
123,499
-12,324
69,369
10,672
cash and cash equivalents
cash
-101,952
-275,563
273,446
123,477
overdraft
-45
-3,618
3,663
change in cash
-101,952
-275,518
273,446
127,095
-3,663
freewatt 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 freewatt limited. Get real-time insights into freewatt limited's credit score, group structure and payment trends.
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8th floor temple point, one temple row, birmingham, B2 5LG
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Legal Advisor
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freewatt 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 freewatt limited.
freewatt 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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freewatt limitedCompanies House Filings - See Documents
