freelands property ltd

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freelands property ltd Company Information

Share FREELANDS PROPERTY LTD
Live 
EstablishedSmallRapid

Company Number

06614115

Registered Address

29-31 leith hill, orpington, kent, BR5 2RS

Industry

Buying and selling of own real estate

 

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Telephone

02084647411

Next Accounts Due

March 2025

Group Structure

View All

Directors

Jonathan Price15 Years

David Stredder7 Years

Shareholders

freelands property holdings limited 100%

freelands property ltd Estimated Valuation

£397.5k - £5.3m

The estimated valuation range for freelands property ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £397.5k to £5.3m

freelands property ltd Estimated Valuation

£397.5k - £5.3m

The estimated valuation range for freelands property ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £397.5k to £5.3m

freelands property ltd Estimated Valuation

£397.5k - £5.3m

The estimated valuation range for freelands property ltd, derived from financial data as of June 2023 and the most recent industry multiples, is between £397.5k to £5.3m

Get a detailed valuation report, edit figures and unlock valuation multiples.

Freelands Property Ltd AI Business Plan

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Freelands Property Ltd Overview

Freelands Property Ltd is a live company located in kent, BR5 2RS with a Companies House number of 06614115. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in June 2008, it's largest shareholder is freelands property holdings limited with a 100% stake. Freelands Property Ltd is a established, small sized company, Pomanda has estimated its turnover at £3.2m with rapid growth in recent years.

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Freelands Property Ltd Health Check

Pomanda's financial health check has awarded Freelands Property Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

5 Strong

positive_score

1 Regular

positive_score

4 Weak

size

Size

annual sales of £3.2m, make it larger than the average company (£896.4k)

£3.2m - Freelands Property Ltd

£896.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 38%, show it is growing at a faster rate (2.2%)

38% - Freelands Property Ltd

2.2% - Industry AVG

production

Production

with a gross margin of 28.8%, this company has a higher cost of product (71.3%)

28.8% - Freelands Property Ltd

71.3% - Industry AVG

profitability

Profitability

an operating margin of 2.7% make it less profitable than the average company (29.4%)

2.7% - Freelands Property Ltd

29.4% - Industry AVG

employees

Employees

with 6 employees, this is above the industry average (4)

6 - Freelands Property Ltd

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.3k, the company has an equivalent pay structure (£35.3k)

£35.3k - Freelands Property Ltd

£35.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £541.6k, this is more efficient (£193.7k)

£541.6k - Freelands Property Ltd

£193.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 106 days, this is later than average (28 days)

106 days - Freelands Property Ltd

28 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2 days, this is quicker than average (33 days)

2 days - Freelands Property Ltd

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freelands Property Ltd

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Freelands Property Ltd

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 38.2%, this is a lower level of debt than the average (63.5%)

38.2% - Freelands Property Ltd

63.5% - Industry AVG

freelands property ltd 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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Freelands Property Ltd Competitor Analysis

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Perform a competitor analysis for freelands property ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.

freelands property ltd Ownership

FREELANDS PROPERTY LTD group structure

Freelands Property Ltd has 1 subsidiary company.

Ultimate parent company

1 parent

FREELANDS PROPERTY LTD

06614115

1 subsidiary

FREELANDS PROPERTY LTD Shareholders

freelands property holdings limited 100%

freelands property ltd directors

Freelands Property Ltd currently has 2 directors. The longest serving directors include Mr Jonathan Price (Jun 2008) and Mr David Stredder (Jul 2016).

officercountryagestartendrole
Mr Jonathan PriceUnited Kingdom49 years Jun 2008- Director
Mr David StredderUnited Kingdom65 years Jul 2016- Director

FREELANDS PROPERTY LTD financials

EXPORTms excel logo

Freelands Property Ltd's latest turnover from June 2023 is estimated at £3.2 million and the company has net assets of £736.6 thousand. According to their latest financial statements, we estimate that Freelands Property Ltd has 6 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover3,249,4315,155,255794,9691,245,6384,444,3652,532,666677,06330,37555,52717,7646,0175,6794,9034,787
Other Income Or Grants00000000000000
Cost Of Sales2,314,1833,693,222582,250918,6323,213,8051,812,125481,93621,48640,81413,4564,6114,2913,7163,625
Gross Profit935,2471,462,034212,719327,0061,230,560720,541195,1278,88914,7134,3081,4061,3881,1871,162
Admin Expenses846,3471,544,357-8,537303,8621,074,358222,084194,6909,365-15,4483,6202,0581,3571,1571,188
Operating Profit88,900-82,323221,25623,144156,202498,457437-47630,161688-6523130-26
Interest Payable00000000000000
Interest Receivable0000000005252110
Pre-Tax Profit88,900-82,323221,25623,144156,202498,457437-47630,161739-6003231-26
Tax-22,2250-42,039-4,397-29,678-94,707-830-6,032-1550-8-80
Profit After Tax66,675-82,323179,21718,747126,524403,750354-47624,129584-6002423-26
Dividends Paid00000000000000
Retained Profit66,675-82,323179,21718,747126,524403,750354-47624,129584-6002423-26
Employee Costs211,554368,11063,23599,707338,989196,34161,37632,16731,10430,97229,55628,93228,78029,088
Number Of Employees6112310621111111
EBITDA*88,900-82,323221,25623,144156,202498,457437-47630,161688-6523130-26

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets241,377215,7472,804,4572,224,8121,182,8691,228,7972,313,382188,677176,557271,954255,0676,0256,0256,025
Intangible Assets00000000000000
Investments & Other00000000000000
Debtors (Due After 1 year)00000000000000
Total Fixed Assets241,377215,7472,804,4572,224,8121,182,8691,228,7972,313,382188,677176,557271,954255,0676,0256,0256,025
Stock & work in progress00000000000000
Trade Debtors949,7111,612,23946,748189,8601,086,075594,49318,0986,91713,7813,9270000
Group Debtors00000000000000
Misc Debtors00000000000000
Cash000000000020,607164134111
misc current assets00000000000000
total current assets949,7111,612,23946,748189,8601,086,075594,49318,0986,91713,7813,92720,607164134111
total assets1,191,0881,827,9862,851,2052,414,6722,268,9441,823,2902,331,480195,594190,338275,881275,6746,1896,1596,136
Bank overdraft00000000000000
Bank loan00000000000000
Trade Creditors 18,98923,7492,098,9551,841,6391,714,6581,395,5282,307,46817,35111,6196,2916,1536,0686,0626,062
Group/Directors Accounts00000000000000
other short term finances00000000000000
hp & lease commitments00000000000000
other current liabilities00000000000000
total current liabilities18,98923,7492,098,9551,841,6391,714,6581,395,5282,307,46817,35111,6196,2916,1536,0686,0626,062
loans00000000000000
hp & lease commitments00000000000000
Accruals and Deferred Income00000000000000
other liabilities435,4971,134,31000000154,585154,585269,585270,000000
provisions00000000000000
total long term liabilities435,4971,134,31000000154,585154,585269,585270,000000
total liabilities454,4861,158,0592,098,9551,841,6391,714,6581,395,5282,307,468171,936166,204275,876276,1536,0686,0626,062
net assets736,602669,927752,250573,033554,286427,76224,01223,65824,1345-4791219774
total shareholders funds736,602669,927752,250573,033554,286427,76224,01223,65824,1345-4791219774
Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit88,900-82,323221,25623,144156,202498,457437-47630,161688-6523130-26
Depreciation00000000000000
Amortisation00000000000000
Tax-22,2250-42,039-4,397-29,678-94,707-830-6,032-1550-8-80
Stock00000000000000
Debtors-662,5281,565,491-143,112-896,215491,582576,39511,181-6,8649,8543,9270000
Creditors-4,760-2,075,206257,316126,981319,130-911,9402,290,1175,7325,32813885606,062
Accruals and Deferred Income00000000000000
Deferred Taxes & Provisions00000000000000
Cash flow from operations724,443-3,723,020579,6451,041,943-45,928-1,084,5852,279,29012,12019,603-3,256-56729226,036
Investing Activities
capital expenditure-25,6302,588,710-579,645-1,041,94345,9281,084,585-2,124,705-12,12095,397-16,887-249,04200-6,025
Change in Investments00000000000000
cash flow from investments-25,6302,588,710-579,645-1,041,94345,9281,084,585-2,124,705-12,12095,397-16,887-249,04200-6,025
Financing Activities
Bank loans00000000000000
Group/Directors Accounts00000000000000
Other Short Term Loans 00000000000000
Long term loans00000000000000
Hire Purchase and Lease Commitments00000000000000
other long term liabilities-698,8131,134,3100000-154,5850-115,000-415270,000000
share issue000000000-100000100
interest0000000005252110
cash flow from financing-698,8131,134,3100000-154,5850-115,000-463270,05211100
cash and cash equivalents
cash000000000-20,60720,4433023111
overdraft00000000000000
change in cash000000000-20,60720,4433023111

P&L

June 2023

turnover

3.2m

-37%

operating profit

88.9k

0%

gross margin

28.8%

+1.49%

turnover

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

Balance Sheet

June 2023

net assets

736.6k

+0.1%

total assets

1.2m

-0.35%

cash

0

0%

net assets

Total assets minus all liabilities

freelands property ltd company details

company number

06614115

Type

Private limited with Share Capital

industry

68100 - Buying and selling of own real estate

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

June 2008

age

16

accounts

Micro-Entity Accounts

previous names

N/A

incorporated

UK

address

29-31 leith hill, orpington, kent, BR5 2RS

last accounts submitted

June 2023

freelands property 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 5 charges/mortgages relating to freelands property ltd. Currently there are 4 open charges and 1 have been satisfied in the past.

charges

freelands property ltd Companies House Filings - See Documents

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