freshwater associates limited
freshwater associates limited Company Information
Company Number
07678828
Next Accounts
Jun 2025
Industry
Accounting, and auditing activities
Shareholders
simon freshwater
philip freshwater
View AllGroup Structure
View All
Contact
Registered Address
1 gemini court 42a throwley way, sutton, SM1 4AF
Website
www.pgfreshwater.co.ukfreshwater associates limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWATER ASSOCIATES LIMITED at £1.6m based on a Turnover of £1.6m and 0.99x industry multiple (adjusted for size and gross margin).
freshwater associates limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWATER ASSOCIATES LIMITED at £558.6k based on an EBITDA of £89.2k and a 6.26x industry multiple (adjusted for size and gross margin).
freshwater associates limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWATER ASSOCIATES LIMITED at £656.5k based on Net Assets of £215.2k and 3.05x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freshwater Associates Limited Overview
Freshwater Associates Limited is a live company located in sutton, SM1 4AF with a Companies House number of 07678828. It operates in the accounting and auditing activities sector, SIC Code 69201. Founded in June 2011, it's largest shareholder is simon freshwater with a 25% stake. Freshwater Associates Limited is a established, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Freshwater Associates Limited Health Check
Pomanda's financial health check has awarded Freshwater Associates Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 3 areas for improvement. Company Health Check FAQs
3 Strong
5 Regular
3 Weak
Size
annual sales of £1.6m, make it larger than the average company (£207.4k)
- Freshwater Associates Limited
£207.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a similar rate (6.9%)
- Freshwater Associates Limited
6.9% - Industry AVG
Production
with a gross margin of 94.7%, this company has a comparable cost of product (94.7%)
- Freshwater Associates Limited
94.7% - Industry AVG
Profitability
an operating margin of 3.4% make it less profitable than the average company (12.6%)
- Freshwater Associates Limited
12.6% - Industry AVG
Employees
with 21 employees, this is above the industry average (3)
- Freshwater Associates Limited
3 - Industry AVG
Pay Structure
on an average salary of £34.5k, the company has an equivalent pay structure (£34.5k)
- Freshwater Associates Limited
£34.5k - Industry AVG
Efficiency
resulting in sales per employee of £77.7k, this is equally as efficient (£79.7k)
- Freshwater Associates Limited
£79.7k - Industry AVG
Debtor Days
it gets paid by customers after 81 days, this is near the average (76 days)
- Freshwater Associates Limited
76 days - Industry AVG
Creditor Days
its suppliers are paid after 135 days, this is slower than average (24 days)
- Freshwater Associates Limited
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freshwater Associates Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 24 weeks, this is less cash available to meet short term requirements (34 weeks)
24 weeks - Freshwater Associates Limited
34 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 63.9%, this is a higher level of debt than the average (52.6%)
63.9% - Freshwater Associates Limited
52.6% - Industry AVG
FRESHWATER ASSOCIATES LIMITED financials
Freshwater Associates Limited's latest turnover from September 2023 is estimated at £1.6 million and the company has net assets of £215.2 thousand. According to their latest financial statements, we estimate that Freshwater Associates Limited has 21 employees and maintains cash reserves of £116.3 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 16 | 20 | 18 | 18 | 16 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 99,264 | 148,439 | 194,919 | 119,256 | 151,522 | 38,070 | 40,958 | 85,411 | 102,890 | 100,431 | 81,786 | 48,227 |
| Intangible Assets | 0 | 0 | 0 | 0 | 1 | 2 | 10,283 | 20,564 | 30,845 | 41,126 | 51,407 | 61,688 |
| Investments & Other | 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 |
| Total Fixed Assets | 99,264 | 148,439 | 194,919 | 119,256 | 151,523 | 38,072 | 51,241 | 105,975 | 133,735 | 141,557 | 133,193 | 109,915 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 364,677 | 359,620 | 320,822 | 303,004 | 408,124 | 278,477 | 271,396 | 247,809 | 219,834 | 183,998 | 166,554 | 127,810 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 119,304 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 16,514 | 23,359 | 18,987 | 27,816 | 65,279 | 6,880 | 26,039 | 14,673 | 0 | 0 | 0 | 0 |
| Cash | 116,283 | 89,156 | 249,858 | 547,701 | 49,757 | 72,955 | 143,613 | 146,973 | 56,322 | 58,382 | 46,374 | 44,688 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 497,474 | 472,135 | 589,667 | 878,521 | 523,160 | 477,616 | 441,048 | 409,455 | 276,156 | 242,380 | 212,928 | 172,498 |
| total assets | 596,738 | 620,574 | 784,586 | 997,777 | 674,683 | 515,688 | 492,289 | 515,430 | 409,891 | 383,937 | 346,121 | 282,413 |
| Bank overdraft | 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 |
| Trade Creditors | 32,041 | 19,702 | 60,410 | 44,333 | 54,064 | 18,103 | 6,101 | 33,471 | 252,290 | 113,536 | 143,836 | 112,632 |
| Group/Directors Accounts | 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 |
| hp & lease commitments | 0 | 43,757 | 27,008 | 27,007 | 27,007 | 2,271 | 2,404 | 14,321 | 0 | 0 | 0 | 0 |
| other current liabilities | 217,692 | 182,099 | 154,675 | 201,270 | 100,815 | 109,189 | 124,056 | 166,902 | 0 | 0 | 0 | 0 |
| total current liabilities | 249,733 | 245,558 | 242,093 | 272,610 | 181,886 | 129,563 | 132,561 | 214,694 | 252,290 | 113,536 | 143,836 | 112,632 |
| loans | 129,904 | 171,714 | 221,080 | 275,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 12,135 | 55,892 | 82,899 | 109,907 | 0 | 1,603 | 4,007 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18,328 | 175,468 | 165,080 | 150,000 |
| provisions | 1,931 | 8,959 | 8,389 | 13,542 | 18,175 | 3,182 | 2,416 | 5,755 | 10,038 | 10,915 | 11,604 | 9,645 |
| total long term liabilities | 131,835 | 192,808 | 285,361 | 371,441 | 128,082 | 3,182 | 4,019 | 9,762 | 28,366 | 186,383 | 176,684 | 159,645 |
| total liabilities | 381,568 | 438,366 | 527,454 | 644,051 | 309,968 | 132,745 | 136,580 | 224,456 | 280,656 | 299,919 | 320,520 | 272,277 |
| net assets | 215,170 | 182,208 | 257,132 | 353,726 | 364,715 | 382,943 | 355,709 | 290,974 | 129,235 | 84,018 | 25,601 | 10,136 |
| total shareholders funds | 215,170 | 182,208 | 257,132 | 353,726 | 364,715 | 382,943 | 355,709 | 290,974 | 129,235 | 84,018 | 25,601 | 10,136 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 33,649 | 49,480 | 64,973 | 39,752 | 44,239 | 11,199 | 11,379 | 21,040 | 23,552 | 17,056 | 16,985 | 12,523 |
| Amortisation | 0 | 0 | 0 | 1 | 1 | 10,281 | 10,281 | 10,281 | 10,281 | 10,281 | 10,281 | 10,281 |
| Tax | ||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -1,788 | 43,170 | 8,989 | -142,583 | 68,742 | 107,226 | 34,953 | 42,648 | 35,836 | 17,444 | 38,744 | 127,810 |
| Creditors | 12,339 | -40,708 | 16,077 | -9,731 | 35,961 | 12,002 | -27,370 | -218,819 | 138,754 | -30,300 | 31,204 | 112,632 |
| Accruals and Deferred Income | 35,593 | 27,424 | -46,595 | 100,455 | -8,374 | -14,867 | -42,846 | 166,902 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | -7,028 | 570 | -5,153 | -4,633 | 14,993 | 766 | -3,339 | -4,283 | -877 | -689 | 1,959 | 9,645 |
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | ||||||||||||
| Change in Investments | 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 |
| Group/Directors Accounts | 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 |
| Long term loans | -41,810 | -49,366 | -53,920 | 275,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -55,892 | -27,008 | -27,006 | -27,008 | 134,643 | -1,736 | -14,321 | 18,328 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -18,328 | -157,140 | 10,388 | 15,080 | 150,000 |
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | ||||||||||||
| cash and cash equivalents | ||||||||||||
| cash | 27,127 | -160,702 | -297,843 | 497,944 | -23,198 | -70,658 | -3,360 | 90,651 | -2,060 | 12,008 | 1,686 | 44,688 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 27,127 | -160,702 | -297,843 | 497,944 | -23,198 | -70,658 | -3,360 | 90,651 | -2,060 | 12,008 | 1,686 | 44,688 |
freshwater associates limited Credit Report and Business Information
Freshwater Associates Limited Competitor Analysis
Perform a competitor analysis for freshwater associates limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in SM1 area or any other competitors across 12 key performance metrics.
freshwater associates limited Ownership
FRESHWATER ASSOCIATES LIMITED group structure
Freshwater Associates Limited has 2 subsidiary companies.
Ultimate parent company
FRESHWATER ASSOCIATES LIMITED
07678828
2 subsidiaries
freshwater associates limited directors
Freshwater Associates Limited currently has 3 directors. The longest serving directors include Mr Simon Freshwater (Jun 2011) and Mr Philip Freshwater (Jun 2011).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Simon Freshwater | England | 57 years | Jun 2011 | - | Director |
| Mr Philip Freshwater | United Kingdom | 53 years | Jun 2011 | - | Director |
| Mr Peter Freshwater | 84 years | Jun 2011 | - | Director |
P&L
September 2023turnover
1.6m
+20%
operating profit
55.5k
0%
gross margin
94.8%
+8.25%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
215.2k
+0.18%
total assets
596.7k
-0.04%
cash
116.3k
+0.3%
net assets
Total assets minus all liabilities
freshwater associates limited company details
company number
07678828
Type
Private limited with Share Capital
industry
69201 - Accounting, and auditing activities
incorporation date
June 2011
age
14
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
FRESHWATER ASSOCIATES LIMITED
auditor
-
address
1 gemini court 42a throwley way, sutton, SM1 4AF
Bank
-
Legal Advisor
-
freshwater associates 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 freshwater associates limited.
freshwater associates 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.
Click to start generating capital raising & share issue transactions for FRESHWATER ASSOCIATES LIMITED. This can take several minutes, an email will notify you when this has completed.
freshwater associates limited Companies House Filings - See Documents
| date | description | view/download |
|---|
