Pomanda estimates the enterprise value of FREEDOM TRAVEL & CRUISE LTD at £900.5k based on a Turnover of £1m and 0.87x industry multiple (adjusted for size and gross margin).
freedom travel & cruise ltdEstimated Valuation
£21.2k
Pomanda estimates the enterprise value of FREEDOM TRAVEL & CRUISE LTD at £21.2k based on an EBITDA of £5k and a 4.28x industry multiple (adjusted for size and gross margin).
freedom travel & cruise ltdEstimated Valuation
£267.5k
Pomanda estimates the enterprise value of FREEDOM TRAVEL & CRUISE LTD at £267.5k based on Net Assets of £137.6k and 1.94x industry multiple (adjusted for liquidity).
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Freedom Travel & Cruise LtdOverview
Freedom Travel & Cruise Ltd is a live company located in oldham, OL3 6HA with a Companies House number of 08819421. It operates in the travel agency activities sector, SIC Code 79110. Founded in December 2013, it's largest shareholder is
geraldine frances yiatrou
with a 60% stake. Freedom Travel & Cruise Ltd is a established,
small sized company, Pomanda has estimated its turnover at
£1m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Freedom Travel & Cruise Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating4out of 5
4 Strong
2 Regular
4 Weak
Size
annual sales of £1m, make it smaller than the average company (£13.8m)
£1m - Freedom Travel & Cruise Ltd
£13.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 80%, show it is growing at a faster rate (49.3%)
80% - Freedom Travel & Cruise Ltd
49.3% - Industry AVG
Production
with a gross margin of 23.6%, this company has a comparable cost of product (23.6%)
23.6% - Freedom Travel & Cruise Ltd
23.6% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (4.3%)
-0.1% - Freedom Travel & Cruise Ltd
4.3% - Industry AVG
Employees
with 5 employees, this is below the industry average (36)
5 - Freedom Travel & Cruise Ltd
36 - Industry AVG
Pay Structure
on an average salary of £45.1k, the company has an equivalent pay structure (£45.1k)
£45.1k - Freedom Travel & Cruise Ltd
£45.1k - Industry AVG
Efficiency
resulting in sales per employee of £205.9k, this is less efficient (£336.3k)
£205.9k - Freedom Travel & Cruise Ltd
£336.3k - Industry AVG
Debtor Days
it gets paid by customers after 7 days, this is earlier than average (22 days)
7 days - Freedom Travel & Cruise Ltd
22 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Freedom Travel & Cruise Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Freedom Travel & Cruise Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 181 weeks, this is more cash available to meet short term requirements (25 weeks)
181 weeks - Freedom Travel & Cruise Ltd
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.7%, this is a lower level of debt than the average (78.5%)
25.7% - Freedom Travel & Cruise Ltd
78.5% - Industry AVG
FREEDOM TRAVEL & CRUISE LTD financials
EXPORT
Freedom Travel & Cruise Ltd's latest turnover from July 2024 is estimated at £1 million and the company has net assets of £137.6 thousand. According to their latest financial statements, Freedom Travel & Cruise Ltd has 5 employees and maintains cash reserves of £134.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Turnover
1,029,391
832,347
268,285
177,472
535,071
776,825
429,323
294,033
166,413
232,355
Other Income Or Grants
Cost Of Sales
786,538
634,656
205,336
137,132
419,145
629,930
349,379
243,150
139,027
192,311
Gross Profit
242,853
197,690
62,949
40,340
115,926
146,895
79,944
50,883
27,386
40,043
Admin Expenses
243,917
195,315
-4,143
-4,371
100,933
151,117
54,315
46,901
20,168
31,586
Operating Profit
-1,064
2,375
67,092
44,711
14,993
-4,222
25,629
3,982
7,218
8,457
Interest Payable
2,663
3,667
3,142
2,999
1,525
Interest Receivable
6,973
7,284
1,727
105
56
174
102
41
87
34
Pre-Tax Profit
3,247
5,992
65,678
41,817
13,523
-4,048
25,731
4,023
7,305
8,491
Tax
-812
-1,498
-12,479
-7,945
-2,569
-4,889
-804
-1,461
-1,783
Profit After Tax
2,435
4,494
53,199
33,872
10,954
-4,048
20,842
3,218
5,844
6,708
Dividends Paid
Retained Profit
2,435
4,494
53,199
33,872
10,954
-4,048
20,842
3,218
5,844
6,708
Employee Costs
225,321
209,349
142,470
133,652
145,460
136,699
67,353
31,571
29,937
29,346
Number Of Employees
5
5
4
4
4
4
2
1
1
1
EBITDA*
4,961
10,820
70,586
47,533
17,302
639
29,934
6,355
9,591
10,637
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Tangible Assets
15,014
27,108
11,863
13,542
3,147
4,649
4,529
193
386
Intangible Assets
2,180
4,360
6,540
8,720
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
15,014
27,108
11,863
13,542
3,147
4,649
6,709
4,553
6,926
8,720
Stock & work in progress
Trade Debtors
19,948
24,729
19,462
6,460
3,476
26,065
18,489
18,139
13,984
12,756
Group Debtors
Misc Debtors
15,708
2,617
3,383
6,252
14,930
3,200
3,200
2,200
4,300
Cash
134,447
131,192
160,152
116,210
93,863
17,563
28,958
11,715
21,020
13,642
misc current assets
total current assets
170,103
158,538
182,997
128,922
112,269
46,828
50,647
32,054
39,304
26,398
total assets
185,117
185,646
194,860
142,464
115,416
51,477
57,356
36,607
46,230
35,118
Bank overdraft
10,223
10,000
10,000
10,000
Bank loan
Trade Creditors
1,689
26,310
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
28,371
22,130
25,838
16,641
21,798
18,813
20,644
20,737
29,889
total current liabilities
38,594
32,130
35,838
26,641
21,798
18,813
20,644
20,737
31,578
26,310
loans
8,781
18,333
28,333
38,333
50,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
2,000
2,000
provisions
124
total long term liabilities
8,905
18,333
28,333
38,333
50,000
2,000
2,000
total liabilities
47,499
50,463
64,171
64,974
71,798
18,813
20,644
20,737
33,578
28,310
net assets
137,618
135,183
130,689
77,490
43,618
32,664
36,712
15,870
12,652
6,808
total shareholders funds
137,618
135,183
130,689
77,490
43,618
32,664
36,712
15,870
12,652
6,808
Jul 2024
Jul 2023
Jul 2022
Jul 2021
Jul 2020
Jan 2019
Jan 2018
Jan 2017
Jan 2016
Jan 2015
Jan 2014
Operating Activities
Operating Profit
-1,064
2,375
67,092
44,711
14,993
-4,222
25,629
3,982
7,218
8,457
Depreciation
6,025
8,445
3,494
2,822
2,309
2,681
2,125
193
193
Amortisation
2,180
2,180
2,180
2,180
2,180
Tax
-812
-1,498
-12,479
-7,945
-2,569
-4,889
-804
-1,461
-1,783
Stock
Debtors
8,310
4,501
10,133
-5,694
-10,859
7,576
1,350
2,055
5,528
12,756
Creditors
-1,689
-24,621
26,310
Accruals and Deferred Income
6,241
-3,708
9,197
-5,157
2,985
-1,831
-93
-9,152
29,889
Deferred Taxes & Provisions
124
Cash flow from operations
2,204
1,113
57,171
40,125
28,577
-8,768
23,602
-7,345
7,870
22,408
Investing Activities
capital expenditure
6,069
-23,690
-1,815
-13,217
-807
-2,801
-6,461
-579
-10,900
Change in Investments
cash flow from investments
6,069
-23,690
-1,815
-13,217
-807
-2,801
-6,461
-579
-10,900
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-9,552
-10,000
-10,000
-11,667
50,000
Hire Purchase and Lease Commitments
other long term liabilities
-2,000
2,000
share issue
100
interest
4,310
3,617
-1,415
-2,894
-1,469
174
102
41
87
34
cash flow from financing
-5,242
-6,383
-11,415
-14,561
48,531
174
102
-1,959
87
2,134
cash and cash equivalents
cash
3,255
-28,960
43,942
22,347
76,300
-11,395
17,243
-9,305
7,378
13,642
overdraft
223
10,000
change in cash
3,032
-28,960
43,942
12,347
76,300
-11,395
17,243
-9,305
7,378
13,642
freedom travel & cruise ltd 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 freedom travel & cruise ltd. Get real-time insights into freedom travel & cruise ltd's credit score, group structure and payment trends.
Perform a competitor analysis for freedom travel & cruise ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in OL3 area or any other competitors across 12 key performance metrics.
freedom travel & cruise ltd Ownership
FREEDOM TRAVEL & CRUISE LTD group structure
Freedom Travel & Cruise Ltd has no subsidiary companies.
Ultimate parent company
FREEDOM TRAVEL & CRUISE LTD
08819421
FREEDOM TRAVEL & CRUISE LTD Shareholders
The largest shareholders in Freedom Travel & Cruise Ltd include Geraldine Frances Yiatrou and David William Booth.
geraldine frances yiatrou
60%
david william booth
40%
freedom travel & cruise ltd directors
Freedom Travel & Cruise Ltd currently has 2 directors.
The longest serving directors include
Mr Gary Lewis (Oct 2024) and
Mr Vimal Vithaldas (Oct 2024).
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 freedom travel & cruise ltd.
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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freedom travel & cruise ltdCompanies House Filings - See Documents
