Pomanda estimates the enterprise value of RUNNING FREE DESIGN LIMITED at £270.3k based on a Turnover of £611.9k and 0.44x industry multiple (adjusted for size and gross margin).
running free design limitedEstimated Valuation
£0
Pomanda estimates the enterprise value of RUNNING FREE DESIGN LIMITED at £0 based on an EBITDA of £-22.2k and a 3.06x industry multiple (adjusted for size and gross margin).
running free design limitedEstimated Valuation
£597.3k
Pomanda estimates the enterprise value of RUNNING FREE DESIGN LIMITED at £597.3k based on Net Assets of £304.4k and 1.96x industry multiple (adjusted for liquidity).
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Running Free Design LimitedOverview
Running Free Design Limited is a live company located in bromsgrove, B61 0EG with a Companies House number of 07640594. It operates in the manufacture of other special-purpose machinery n.e.c. sector, SIC Code 28990. Founded in May 2011, it's largest shareholder is
darren myring
with a 100% stake. Running Free Design Limited is a established,
small sized company, Pomanda has estimated its turnover at
£611.9k with
low
growth in recent years.
Pomanda's financial health check has awarded Running Free Design Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
2 Strong
1 Regular
7 Weak
Size
annual sales of £611.9k, make it smaller than the average company (£13m)
£611.9k - Running Free Design Limited
£13m - Industry AVG
Growth
3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (9.3%)
2% - Running Free Design Limited
9.3% - Industry AVG
Production
with a gross margin of 22.5%, this company has a higher cost of product (32%)
22.5% - Running Free Design Limited
32% - Industry AVG
Profitability
an operating margin of -3.6% make it less profitable than the average company (7%)
-3.6% - Running Free Design Limited
7% - Industry AVG
Employees
with 2 employees, this is below the industry average (72)
2 - Running Free Design Limited
72 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
£51.9k - Running Free Design Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £305.9k, this is more efficient (£182.9k)
£305.9k - Running Free Design Limited
£182.9k - Industry AVG
Debtor Days
it gets paid by customers after 182 days, this is later than average (58 days)
182 days - Running Free Design Limited
58 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (42 days)
3 days - Running Free Design Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Running Free Design Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Running Free Design Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.3%, this is a lower level of debt than the average (47.3%)
1.3% - Running Free Design Limited
47.3% - Industry AVG
RUNNING FREE DESIGN LIMITED financials
EXPORT
Running Free Design Limited's latest turnover from March 2024 is estimated at £611.9 thousand and the company has net assets of £304.4 thousand. According to their latest financial statements, Running Free Design Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Turnover
611,895
603,530
552,668
568,505
615,041
738,997
799,307
192,424
88,082
40,214
4,742
6,308
397
Other Income Or Grants
Cost Of Sales
474,108
475,928
441,896
447,945
475,134
570,224
621,907
147,465
67,225
30,659
3,590
4,727
303
Gross Profit
137,787
127,602
110,771
120,560
139,907
168,773
177,400
44,959
20,857
9,555
1,152
1,580
94
Admin Expenses
159,984
104,312
108,265
140,591
164,859
45,513
-20,951
-30,486
11,819
-4,773
-7,102
-5,322
644
Operating Profit
-22,197
23,290
2,506
-20,031
-24,952
123,260
198,351
75,445
9,038
14,328
8,254
6,902
-550
Interest Payable
Interest Receivable
118
81
31
8
Pre-Tax Profit
-22,197
23,290
2,506
-20,031
-24,952
123,260
198,351
75,618
8,819
14,446
8,335
6,933
-542
Tax
-4,425
-476
-23,419
-37,687
-15,253
-1,524
-3,034
-1,917
-1,664
Profit After Tax
-22,197
18,865
2,030
-20,031
-24,952
99,841
160,664
60,365
7,295
11,412
6,418
5,269
-542
Dividends Paid
Retained Profit
-22,197
18,865
2,030
-20,031
-24,952
99,841
160,664
60,365
7,295
11,412
6,418
5,269
-542
Employee Costs
103,798
97,366
46,615
89,160
89,770
132,707
173,705
10,449
8,105
40,143
40,172
39,381
37,934
Number Of Employees
2
2
1
2
2
3
4
1
1
1
1
1
1
EBITDA*
-22,197
23,290
2,506
-20,031
-24,952
123,260
198,351
76,093
10,348
14,328
9,327
7,975
-550
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Tangible Assets
1,956
3,294
5,224
7,181
8,086
7,406
8,561
2,714
3,362
2,163
2,677
3,218
4,291
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
1,956
3,294
5,224
7,181
8,086
7,406
8,561
2,714
3,362
2,163
2,677
3,218
4,291
Stock & work in progress
10,973
4,730
2,477
3,233
120
Trade Debtors
306,631
325,947
306,594
303,087
319,835
378,618
297,024
109,279
22,464
15,579
1,560
2,304
Group Debtors
Misc Debtors
669
904
Cash
8,644
23,615
23,384
9,211
3,206
misc current assets
total current assets
306,631
325,947
306,594
303,087
319,835
378,618
297,024
109,279
42,081
43,924
27,421
15,417
4,230
total assets
308,587
329,241
311,818
310,268
327,921
386,024
305,585
111,993
45,443
46,087
30,098
18,635
8,521
Bank overdraft
Bank loan
Trade Creditors
4,144
2,601
4,043
4,523
2,145
11,606
18,383
6,517
4,063
6,805
192
46
153
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
4,168
total current liabilities
4,144
2,601
4,043
4,523
2,145
11,606
18,383
6,517
4,063
6,805
4,360
46
153
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
10,000
16,724
14,592
13,484
8,909
provisions
23,690
36,315
15,253
1,524
377
total long term liabilities
23,690
36,315
15,253
11,524
16,724
14,592
13,861
8,909
total liabilities
4,144
2,601
4,043
4,523
2,145
35,296
54,698
21,770
15,587
23,529
18,952
13,907
9,062
net assets
304,443
326,640
307,775
305,745
325,776
350,728
250,887
90,223
29,856
22,558
11,146
4,728
-541
total shareholders funds
304,443
326,640
307,775
305,745
325,776
350,728
250,887
90,223
29,856
22,558
11,146
4,728
-541
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Operating Activities
Operating Profit
-22,197
23,290
2,506
-20,031
-24,952
123,260
198,351
75,445
9,038
14,328
8,254
6,902
-550
Depreciation
648
1,310
1,073
1,073
Amortisation
Tax
-4,425
-476
-23,419
-37,687
-15,253
-1,524
-3,034
-1,917
-1,664
Stock
-10,973
6,243
2,253
-756
3,113
120
Debtors
-19,316
19,353
3,507
-16,748
-58,783
81,594
187,745
86,815
6,885
14,019
-1,413
2,069
904
Creditors
1,543
-1,442
-480
2,378
-9,461
-6,777
11,866
2,454
-2,742
6,613
146
-107
153
Accruals and Deferred Income
-4,168
4,168
Deferred Taxes & Provisions
-23,690
-12,625
21,062
13,729
1,524
-377
377
Cash flow from operations
-1,338
-1,930
-1,957
-905
680
-1,155
5,847
1,181
-5,522
-2,533
13,516
1,399
-1,421
Investing Activities
capital expenditure
1,338
1,930
1,957
905
-680
1,155
-5,847
-2,509
514
-532
-4,291
Change in Investments
cash flow from investments
1,338
1,930
1,957
905
-680
1,155
-5,847
-2,509
514
-532
-4,291
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
-10,000
-6,724
2,132
1,108
4,575
8,909
share issue
2
3
1
interest
118
81
31
8
cash flow from financing
-9,998
-6,721
2,250
1,189
4,606
8,918
cash and cash equivalents
cash
-8,644
-14,971
231
14,173
6,005
3,206
overdraft
change in cash
-8,644
-14,971
231
14,173
6,005
3,206
running free design 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 running free design limited. Get real-time insights into running free design limited's credit score, group structure and payment trends.
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running free design limited Ownership
RUNNING FREE DESIGN LIMITED group structure
Running Free Design Limited has no subsidiary companies.
Ultimate parent company
RUNNING FREE DESIGN LIMITED
07640594
RUNNING FREE DESIGN LIMITED Shareholders
The sole shareholder of Running Free Design Limited is Darren Myring.
darren myring
100%
running free design limited directors
Running Free Design Limited currently has 1 director, Mr Darren Myring serving since May 2011.
28990 - Manufacture of other special-purpose machinery n.e.c.
incorporation date
May 2011
age
14
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
8 upland road, bromsgrove, B61 0EG
Bank
-
Legal Advisor
-
running free design 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 running free design limited.
running free design 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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running free design limitedCompanies House Filings - See Documents
