freelancer and contractor services association limited

freelancer and contractor services association limited Company Information

Share FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED
Live 
EstablishedMicroDeclining

Company Number

06622024

Industry

Other business support service activities n.e.c.

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

35 ballards lane, london, N3 1XW

freelancer and contractor services association limited Estimated Valuation

£140.4k

Pomanda estimates the enterprise value of FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED at £140.4k based on a Turnover of £361.6k and 0.39x industry multiple (adjusted for size and gross margin).

freelancer and contractor services association limited Estimated Valuation

£714k

Pomanda estimates the enterprise value of FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED at £714k based on an EBITDA of £249.5k and a 2.86x industry multiple (adjusted for size and gross margin).

freelancer and contractor services association limited Estimated Valuation

£1.4m

Pomanda estimates the enterprise value of FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED at £1.4m based on Net Assets of £575.7k and 2.35x industry multiple (adjusted for liquidity).

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Freelancer And Contractor Services Association Limited Overview

Freelancer And Contractor Services Association Limited is a live company located in london, N3 1XW with a Companies House number of 06622024. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in June 2008, it's largest shareholder is unknown. Freelancer And Contractor Services Association Limited is a established, micro sized company, Pomanda has estimated its turnover at £361.6k with declining growth in recent years.

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Freelancer And Contractor Services Association Limited Health Check

Pomanda's financial health check has awarded Freelancer And Contractor Services Association Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £361.6k, make it smaller than the average company (£3.6m)

£361.6k - Freelancer And Contractor Services Association Limited

£3.6m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (5.2%)

-2% - Freelancer And Contractor Services Association Limited

5.2% - Industry AVG

production

Production

with a gross margin of 17.5%, this company has a higher cost of product (38.1%)

17.5% - Freelancer And Contractor Services Association Limited

38.1% - Industry AVG

profitability

Profitability

an operating margin of 68.6% make it more profitable than the average company (6.1%)

68.6% - Freelancer And Contractor Services Association Limited

6.1% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (23)

7 - Freelancer And Contractor Services Association Limited

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £47.5k, the company has an equivalent pay structure (£47.5k)

£47.5k - Freelancer And Contractor Services Association Limited

£47.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £51.7k, this is less efficient (£151.6k)

£51.7k - Freelancer And Contractor Services Association Limited

£151.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 38 days, this is near the average (40 days)

38 days - Freelancer And Contractor Services Association Limited

40 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 198 days, this is slower than average (33 days)

198 days - Freelancer And Contractor Services Association Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freelancer And Contractor Services Association Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 224 weeks, this is more cash available to meet short term requirements (24 weeks)

224 weeks - Freelancer And Contractor Services Association Limited

24 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 22%, this is a lower level of debt than the average (61.3%)

22% - Freelancer And Contractor Services Association Limited

61.3% - Industry AVG

FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED financials

EXPORTms excel logo

Freelancer And Contractor Services Association Limited's latest turnover from September 2023 is estimated at £361.6 thousand and the company has net assets of £575.7 thousand. According to their latest financial statements, Freelancer And Contractor Services Association Limited has 7 employees and maintains cash reserves of £698.4 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Turnover361,604510,322206,109387,927322,693110,953143,019336,755348,676188,67459,921171,05118,13745,5560
Other Income Or Grants000000000000000
Cost Of Sales298,233421,815174,577323,113268,72192,331118,327277,167290,431157,77249,934140,96914,80536,6770
Gross Profit63,37188,50731,53264,81453,97218,62124,69259,58858,24530,9029,98730,0823,3328,8800
Admin Expenses-184,804-100,759-68,55342,320-28,79410,25030,80353,53057,1044,2714,44730,0534,26615,518-11,907
Operating Profit248,175189,266100,08522,49482,7668,371-6,1116,0581,14126,6315,54029-934-6,63811,907
Interest Payable000000000000000
Interest Receivable34,30210,9292401261,0227851371633301389379333629
Pre-Tax Profit282,477200,195100,32522,62083,7889,157-5,9746,2211,47126,7685,632108-901-6,60211,936
Tax-70,619-38,037-19,062-4,298-15,920-1,7400-1,244-294-5,621-1,295-2600-3,342
Profit After Tax211,858162,15881,26318,32267,8687,417-5,9744,9771,17721,1474,33782-901-6,6028,594
Dividends Paid000000000000000
Retained Profit211,858162,15881,26318,32267,8687,417-5,9744,9771,17721,1474,33782-901-6,6028,594
Employee Costs332,202179,187128,13683,11041,18539,14737,79176,05175,44037,61836,87436,65236,14735,2950
Number Of Employees743211122111110
EBITDA*249,531190,934101,39123,40382,8978,503-6,11113,0997,88326,7745,71761-934-6,63811,907

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Tangible Assets1,5571,1191,7051,81801312636373884621,165338000
Intangible Assets00000006,66613,333000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets1,5571,1191,7051,81801312637,30313,7214621,165338000
Stock & work in progress000000000000000
Trade Debtors37,83390,5587,707128,63592,18523,77538,73281,27060,46142,11210,56836,7871,77411,8072,149
Group Debtors000000000000000
Misc Debtors000034,80438,32510,81400000000
Cash698,422608,328363,161116,651135,079137,39372,04937,22393,03338,98416,10820,91110,7462,59111,730
misc current assets000000000000000
total current assets736,255698,886370,868245,286262,068199,493121,595118,493153,49481,09626,67657,69812,52014,39813,879
total assets737,812700,005372,573247,104262,068199,624121,858125,796167,21581,55827,84158,03612,52014,39813,879
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 162,089336,140170,866126,660159,94658,83267,48592,985139,38154,90122,33156,86311,42912,4065,285
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities00000106,53827,53600000000
total current liabilities162,089336,140170,866126,660159,946165,37095,02192,985139,38154,90122,33156,86311,42912,4065,285
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities162,089336,140170,866126,660159,946165,37095,02192,985139,38154,90122,33156,86311,42912,4065,285
net assets575,723363,865201,707120,444102,12234,25426,83732,81127,83426,6575,5101,1731,0911,9928,594
total shareholders funds575,723363,865201,707120,444102,12234,25426,83732,81127,83426,6575,5101,1731,0911,9928,594
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Sep 2018Sep 2017Sep 2016Sep 2015Sep 2014Sep 2013Sep 2012Sep 2011Sep 2010Sep 2009
Operating Activities
Operating Profit248,175189,266100,08522,49482,7668,371-6,1116,0581,14126,6315,54029-934-6,63811,907
Depreciation1,3561,6681,30690913113203747514317732000
Amortisation00000006,6676,667000000
Tax-70,619-38,037-19,062-4,298-15,920-1,7400-1,244-294-5,621-1,295-2600-3,342
Stock000000000000000
Debtors-52,72582,851-120,9281,64664,88912,554-31,72420,80918,34931,544-26,21935,013-10,0339,6582,149
Creditors-174,051165,27444,206-33,286101,114-8,653-25,500-46,39684,48032,570-34,53245,434-9777,1215,285
Accruals and Deferred Income0000-106,53879,00227,53600000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations57,586235,320247,463-15,827-3,33664,55827,649-55,35073,72022,179-3,89110,4568,122-9,17511,701
Investing Activities
capital expenditure-1,794-1,082-1,193-2,727007,040-623-20,001560-1,004-370000
Change in Investments000000000000000
cash flow from investments-1,794-1,082-1,193-2,727007,040-623-20,001560-1,004-370000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue000000000000000
interest34,30210,9292401261,0227851371633301389379333629
cash flow from financing34,30210,9292401261,0227851371633301389379333629
cash and cash equivalents
cash90,094245,167246,510-18,428-2,31465,34434,826-55,81054,04922,876-4,80310,1658,155-9,13911,730
overdraft000000000000000
change in cash90,094245,167246,510-18,428-2,31465,34434,826-55,81054,04922,876-4,80310,1658,155-9,13911,730

freelancer and contractor services association 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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Freelancer And Contractor Services Association Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for freelancer and contractor services association limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other micro companies, companies in N 3 area or any other competitors across 12 key performance metrics.

freelancer and contractor services association limited Ownership

FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED group structure

Freelancer And Contractor Services Association Limited has no subsidiary companies.

Ultimate parent company

FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED

06622024

FREELANCER AND CONTRACTOR SERVICES ASSOCIATION LIMITED Shareholders

--

freelancer and contractor services association limited directors

Freelancer And Contractor Services Association Limited currently has 5 directors. The longest serving directors include Mr James Burrows (Oct 2021) and Mr Christopher Bryce (Jan 2022).

officercountryagestartendrole
Mr James BurrowsEngland39 years Oct 2021- Director
Mr Christopher BryceEngland64 years Jan 2022- Director
Mr Julian BallEngland56 years Nov 2023- Director
Mr Matthew FryerEngland47 years Nov 2023- Director
Mr Zeeshan AnwarEngland37 years Nov 2024- Director

P&L

September 2023

turnover

361.6k

-29%

operating profit

248.2k

0%

gross margin

17.6%

+1.05%

turnover

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

Balance Sheet

September 2023

net assets

575.7k

+0.58%

total assets

737.8k

+0.05%

cash

698.4k

+0.15%

net assets

Total assets minus all liabilities

freelancer and contractor services association limited company details

company number

06622024

Type

Private Ltd By Guarantee w/o Share Cap

industry

82990 - Other business support service activities n.e.c.

incorporation date

June 2008

age

16

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

September 2023

previous names

the service providers association limited (March 2010)

accountant

JSA SERVICES LIMITED

auditor

-

address

35 ballards lane, london, N3 1XW

Bank

-

Legal Advisor

-

freelancer and contractor services association 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 freelancer and contractor services association limited.

freelancer and contractor services association 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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freelancer and contractor services association limited Companies House Filings - See Documents

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