freeman bros ltd

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freeman bros ltd Company Information

Share FREEMAN BROS LTD
Live 
EstablishedSmallDeclining

Company Number

08239154

Website

-

Registered Address

the clouds hawthorns, corsham, wilts, SN13 0NT

Industry

Mixed farming

 

Telephone

01225810656

Next Accounts Due

August 2024

Group Structure

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Directors

Clive Freeman11 Years

Frank Freeman11 Years

Shareholders

frank freeman 50%

clive freeman 50%

freeman bros ltd Estimated Valuation

£330.9k

Pomanda estimates the enterprise value of FREEMAN BROS LTD at £330.9k based on a Turnover of £1.2m and 0.27x industry multiple (adjusted for size and gross margin).

freeman bros ltd Estimated Valuation

£967.2k

Pomanda estimates the enterprise value of FREEMAN BROS LTD at £967.2k based on an EBITDA of £324.7k and a 2.98x industry multiple (adjusted for size and gross margin).

freeman bros ltd Estimated Valuation

£1.8m

Pomanda estimates the enterprise value of FREEMAN BROS LTD at £1.8m based on Net Assets of £1.3m and 1.35x industry multiple (adjusted for liquidity).

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Freeman Bros Ltd Overview

Freeman Bros Ltd is a live company located in wilts, SN13 0NT with a Companies House number of 08239154. It operates in the mixed farming sector, SIC Code 01500. Founded in October 2012, it's largest shareholder is frank freeman with a 50% stake. Freeman Bros Ltd is a established, small sized company, Pomanda has estimated its turnover at £1.2m with declining growth in recent years.

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Freeman Bros Ltd Health Check

Pomanda's financial health check has awarded Freeman Bros Ltd a 5 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 Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

4 Weak

size

Size

annual sales of £1.2m, make it in line with the average company (£1.3m)

£1.2m - Freeman Bros Ltd

£1.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -4%, show it is growing at a slower rate (6.5%)

-4% - Freeman Bros Ltd

6.5% - Industry AVG

production

Production

with a gross margin of 18.5%, this company has a higher cost of product (35%)

18.5% - Freeman Bros Ltd

35% - Industry AVG

profitability

Profitability

an operating margin of 12.2% make it more profitable than the average company (6.2%)

12.2% - Freeman Bros Ltd

6.2% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (16)

6 - Freeman Bros Ltd

16 - Industry AVG

paystructure

Pay Structure

on an average salary of £25.4k, the company has an equivalent pay structure (£25.4k)

£25.4k - Freeman Bros Ltd

£25.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £206.3k, this is more efficient (£93.1k)

£206.3k - Freeman Bros Ltd

£93.1k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 88 days, this is later than average (22 days)

88 days - Freeman Bros Ltd

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 102 days, this is slower than average (37 days)

102 days - Freeman Bros Ltd

37 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freeman Bros Ltd

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (25 weeks)

42 weeks - Freeman Bros Ltd

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 17.4%, this is a lower level of debt than the average (39.3%)

17.4% - Freeman Bros Ltd

39.3% - Industry AVG

freeman bros 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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Freeman Bros Ltd Competitor Analysis

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

freeman bros ltd Ownership

FREEMAN BROS LTD group structure

Freeman Bros Ltd has no subsidiary companies.

Ultimate parent company

FREEMAN BROS LTD

08239154

FREEMAN BROS LTD Shareholders

frank freeman 50%
clive freeman 50%

freeman bros ltd directors

Freeman Bros Ltd currently has 2 directors. The longest serving directors include Mr Clive Freeman (Oct 2012) and Mr Frank Freeman (Oct 2012).

officercountryagestartendrole
Mr Clive FreemanEngland77 years Oct 2012- Director
Mr Frank FreemanEngland74 years Oct 2012- Director

FREEMAN BROS LTD financials

EXPORTms excel logo

Freeman Bros Ltd's latest turnover from November 2022 is estimated at £1.2 million and the company has net assets of £1.3 million. According to their latest financial statements, Freeman Bros Ltd has 6 employees and maintains cash reserves of £229.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Turnover1,237,9641,025,5341,846,3031,392,733284,144241,125270,141410,346471,814281,625
Other Income Or Grants0000000000
Cost Of Sales1,009,110813,1471,495,3891,111,793225,908190,035225,034323,534381,703221,909
Gross Profit228,854212,388350,914280,94058,23651,09045,10786,81290,11159,716
Admin Expenses77,423170,686235,63332,416-67,288-42,92420,205100,27651,05439,494
Operating Profit151,43141,702115,281248,524125,52494,01424,902-13,46439,05720,222
Interest Payable0000000000
Interest Receivable5,781177142682717672304356295115
Pre-Tax Profit157,21241,879115,423249,206126,24194,68625,206-13,10839,35220,338
Tax-29,870-7,957-21,930-47,349-23,986-17,990-5,0410-8,264-4,678
Profit After Tax127,34233,92293,493201,857102,25576,69620,165-13,10831,08815,660
Dividends Paid0000000000
Retained Profit127,34233,92293,493201,857102,25576,69620,165-13,10831,08815,660
Employee Costs152,625153,083144,531149,432116,44597,88698,82855,62078,64051,278
Number Of Employees6666544232
EBITDA*324,675202,290275,869399,720379,801239,572227,697193,533221,039168,054

* Earnings Before Interest, Tax, Depreciation and Amortisation

Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Tangible Assets1,092,9541,021,2321,049,592958,192719,808582,235502,743587,261627,586591,328
Intangible Assets0000000000
Investments & Other0000000000
Debtors (Due After 1 year)0000443,056241,469265,207198,650170,773175,543
Total Fixed Assets1,092,9541,021,2321,049,592958,1921,162,864823,704767,950785,911798,359766,871
Stock & work in progress0000000000
Trade Debtors300,737257,893382,759357,8940000020,886
Group Debtors0000000000
Misc Debtors00011,97232,3814,33993,640000
Cash229,641155,781198,12086,60595,29095,927172,90970,60271,82646,071
misc current assets0000000000
total current assets530,378413,674580,879456,471127,671100,266266,54970,60271,82666,957
total assets1,623,3321,434,9061,630,4711,414,6631,290,535923,9701,034,499856,513870,185833,828
Bank overdraft0000000000
Bank loan0000000000
Trade Creditors 282,440221,356450,8430000171,351171,915166,646
Group/Directors Accounts00054,3646,36839,368144,353000
other short term finances0000000000
hp & lease commitments0000000000
other current liabilities000274,164399,889102,579184,819000
total current liabilities282,440221,356450,843328,528406,257141,947329,172171,351171,915166,646
loans0000000000
hp & lease commitments0000000000
Accruals and Deferred Income0000000000
other liabilities0000000000
provisions0000000000
total long term liabilities0000000000
total liabilities282,440221,356450,843328,528406,257141,947329,172171,351171,915166,646
net assets1,340,8921,213,5501,179,6281,086,135884,278782,023705,327685,162698,270667,182
total shareholders funds1,340,8921,213,5501,179,6281,086,135884,278782,023705,327685,162698,270667,182
Nov 2022Nov 2021Nov 2020Nov 2019Nov 2018Nov 2017Nov 2016Nov 2015Nov 2014Nov 2013
Operating Activities
Operating Profit151,43141,702115,281248,524125,52494,01424,902-13,46439,05720,222
Depreciation173,244160,588160,588151,196254,277145,558202,795206,997181,982147,832
Amortisation0000000000
Tax-29,870-7,957-21,930-47,349-23,986-17,990-5,0410-8,264-4,678
Stock0000000000
Debtors42,844-124,86612,893-105,571229,629-113,039160,19727,877-25,656196,429
Creditors61,084-229,487450,843000-171,351-5645,269166,646
Accruals and Deferred Income00-274,164-125,725297,310-82,240184,819000
Deferred Taxes & Provisions0000000000
Cash flow from operations313,04589,712417,725332,217423,496252,38175,927165,092243,700133,593
Investing Activities
capital expenditure-244,966-132,228-251,988-389,580-391,850-225,050-118,277-166,672-218,240-739,160
Change in Investments0000000000
cash flow from investments-244,966-132,228-251,988-389,580-391,850-225,050-118,277-166,672-218,240-739,160
Financing Activities
Bank loans0000000000
Group/Directors Accounts00-54,36447,996-33,000-104,985144,353000
Other Short Term Loans 0000000000
Long term loans0000000000
Hire Purchase and Lease Commitments0000000000
other long term liabilities0000000000
share issue000000000651,522
interest5,781177142682717672304356295115
cash flow from financing5,781177-54,22248,678-32,283-104,313144,657356295651,637
cash and cash equivalents
cash73,860-42,339111,515-8,685-637-76,982102,307-1,22425,75546,071
overdraft0000000000
change in cash73,860-42,339111,515-8,685-637-76,982102,307-1,22425,75546,071

P&L

November 2022

turnover

1.2m

+21%

operating profit

151.4k

0%

gross margin

18.5%

-10.74%

turnover

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

Balance Sheet

November 2022

net assets

1.3m

+0.1%

total assets

1.6m

+0.13%

cash

229.6k

+0.47%

net assets

Total assets minus all liabilities

freeman bros ltd company details

company number

08239154

Type

Private limited with Share Capital

industry

01500 - Mixed farming

incorporation date

October 2012

age

12

accounts

Unaudited Abridged

ultimate parent company

None

previous names

N/A

incorporated

UK

address

the clouds hawthorns, corsham, wilts, SN13 0NT

last accounts submitted

November 2022

freeman bros 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 1 charges/mortgages relating to freeman bros ltd. Currently there are 1 open charges and 0 have been satisfied in the past.

charges

freeman bros ltd Companies House Filings - See Documents

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