freedom people limited
freedom people limited Company Information
Company Number
08404720
Next Accounts
Jan 2025
Industry
Temporary employment agency activities
Shareholders
neil alastair ashton
rhomaios ram
Group Structure
View All
Contact
Registered Address
recovery house, hainault busines, 15-17 roebuck road, ilford, essex, IG6 3TU
Website
www.capexhc.comfreedom people limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM PEOPLE LIMITED at £960.7k based on a Turnover of £4.9m and 0.2x industry multiple (adjusted for size and gross margin).
freedom people limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM PEOPLE LIMITED at £193.9k based on an EBITDA of £66.4k and a 2.92x industry multiple (adjusted for size and gross margin).
freedom people limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM PEOPLE LIMITED at £0 based on Net Assets of £-171.7k and 1.53x industry multiple (adjusted for liquidity).
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Freedom People Limited Overview
Freedom People Limited is a dissolved company that was located in ilford, IG6 3TU with a Companies House number of 08404720. It operated in the temporary employment agency activities sector, SIC Code 78200. Founded in February 2013, it's largest shareholder was neil alastair ashton with a 97.6% stake. The last turnover for Freedom People Limited was estimated at £4.9m.
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Freedom People Limited Health Check
Pomanda's financial health check has awarded Freedom People Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.9m, make it smaller than the average company (£10.2m)
- Freedom People Limited
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of -7%, show it is growing at a slower rate (3.6%)
- Freedom People Limited
3.6% - Industry AVG
Production
with a gross margin of 17%, this company has a comparable cost of product (17%)
- Freedom People Limited
17% - Industry AVG
Profitability
an operating margin of 1.3% make it less profitable than the average company (2.1%)
- Freedom People Limited
2.1% - Industry AVG
Employees
with 3 employees, this is below the industry average (52)
3 - Freedom People Limited
52 - Industry AVG
Pay Structure
on an average salary of £39.6k, the company has an equivalent pay structure (£39.6k)
- Freedom People Limited
£39.6k - Industry AVG
Efficiency
resulting in sales per employee of £1.6m, this is more efficient (£222.9k)
- Freedom People Limited
£222.9k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (53 days)
- Freedom People Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 23 days, this is slower than average (4 days)
- Freedom People Limited
4 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freedom People Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is average cash available to meet short term requirements (4 weeks)
3 weeks - Freedom People Limited
4 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 120.7%, this is a higher level of debt than the average (76.9%)
120.7% - Freedom People Limited
76.9% - Industry AVG
FREEDOM PEOPLE LIMITED financials
Freedom People Limited's latest turnover from June 2019 is estimated at £4.9 million and the company has net assets of -£171.7 thousand. According to their latest financial statements, Freedom People Limited has 3 employees and maintains cash reserves of £75.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|
| 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 | 3 | 3 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|
| Tangible Assets | 2,656 | 1,927 | 2,267 | 2,672 | 2,477 | 2,914 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 30,000 | 39,750 | 10,000 | 22,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 32,656 | 41,677 | 12,267 | 24,672 | 2,477 | 2,914 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 340,147 | 237,275 | 256,292 | 371,236 | 556,008 | 596,139 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 383,038 | 139,337 | 201,162 | 203,342 | 0 | 0 |
| Cash | 75,774 | 28,185 | 111,643 | 127,633 | 132,330 | 133,787 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 798,959 | 404,797 | 569,097 | 702,211 | 688,338 | 729,926 |
| total assets | 831,615 | 446,474 | 581,364 | 726,883 | 690,815 | 732,840 |
| Bank overdraft | 228,460 | 69,808 | 150,141 | 101,984 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 259,892 | 221,395 | 353,411 | 445,146 | 702,042 | 732,694 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 514,994 | 372,579 | 284,961 | 292,993 | 0 | 0 |
| total current liabilities | 1,003,346 | 663,782 | 788,513 | 840,123 | 702,042 | 732,694 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,003,346 | 663,782 | 788,513 | 840,123 | 702,042 | 732,694 |
| net assets | -171,731 | -217,308 | -207,149 | -113,240 | -11,227 | 146 |
| total shareholders funds | -171,731 | -217,308 | -207,149 | -113,240 | -11,227 | 146 |
| Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Operating Profit | ||||||
| Depreciation | 469 | 340 | 405 | 471 | 437 | 487 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 346,573 | -80,842 | -117,124 | 18,570 | -40,131 | 596,139 |
| Creditors | 38,497 | -132,016 | -91,735 | -256,896 | -30,652 | 732,694 |
| Accruals and Deferred Income | 142,415 | 87,618 | -8,032 | 292,993 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||
| Investing Activities | ||||||
| capital expenditure | ||||||
| Change in Investments | -9,750 | 29,750 | -12,000 | 22,000 | 0 | 0 |
| cash flow from investments | ||||||
| Financing Activities | ||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||
| interest | ||||||
| cash flow from financing | ||||||
| cash and cash equivalents | ||||||
| cash | 47,589 | -83,458 | -15,990 | -4,697 | -1,457 | 133,787 |
| overdraft | 158,652 | -80,333 | 48,157 | 101,984 | 0 | 0 |
| change in cash | -111,063 | -3,125 | -64,147 | -106,681 | -1,457 | 133,787 |
freedom people limited Credit Report and Business Information
Freedom People Limited Competitor Analysis
Perform a competitor analysis for freedom people limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other undefined companies, companies in IG6 area or any other competitors across 12 key performance metrics.
freedom people limited Ownership
FREEDOM PEOPLE LIMITED group structure
Freedom People Limited has no subsidiary companies.
Ultimate parent company
FREEDOM PEOPLE LIMITED
08404720
freedom people limited directors
Freedom People Limited currently has 2 directors. The longest serving directors include Mr Neil Ashton (Feb 2013) and Ms Samia Ahdal (Apr 2019).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Ashton | 62 years | Feb 2013 | - | Director | |
| Ms Samia Ahdal | United Kingdom | 62 years | Apr 2019 | - | Director |
P&L
June 2019turnover
4.9m
+40%
operating profit
65.9k
0%
gross margin
17.1%
-2.88%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2019net assets
-171.7k
-0.21%
total assets
831.6k
+0.86%
cash
75.8k
+1.69%
net assets
Total assets minus all liabilities
freedom people limited company details
company number
08404720
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
February 2013
age
12
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
June 2019
previous names
capex human capital ltd (September 2019)
accountant
-
auditor
-
address
recovery house, hainault busines, 15-17 roebuck road, ilford, essex, IG6 3TU
Bank
-
Legal Advisor
-
freedom people 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 found 2 charges/mortgages relating to freedom people limited. Currently there are 1 open charges and 1 have been satisfied in the past.
freedom people 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 FREEDOM PEOPLE LIMITED. This can take several minutes, an email will notify you when this has completed.
freedom people limited Companies House Filings - See Documents
| date | description | view/download |
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