freedom commercials limited
freedom commercials limited Company Information
Company Number
09540547
Website
-Registered Address
6 old road, whaley bridge, high peak, SK23 7HR
Industry
Sale of other motor vehicles
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Faredun Baeez9 Years
Shareholders
faredun mohammed baeez 100%
freedom commercials limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM COMMERCIALS LIMITED at £199.1k based on a Turnover of £898.8k and 0.22x industry multiple (adjusted for size and gross margin).
freedom commercials limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM COMMERCIALS LIMITED at £28.4k based on an EBITDA of £10.1k and a 2.81x industry multiple (adjusted for size and gross margin).
freedom commercials limited Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM COMMERCIALS LIMITED at £254.4k based on Net Assets of £86.7k and 2.93x industry multiple (adjusted for liquidity).
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Freedom Commercials Limited Overview
Freedom Commercials Limited is a live company located in high peak, SK23 7HR with a Companies House number of 09540547. It operates in the sale of other motor vehicles sector, SIC Code 45190. Founded in April 2015, it's largest shareholder is faredun mohammed baeez with a 100% stake. Freedom Commercials Limited is a young, small sized company, Pomanda has estimated its turnover at £898.8k with healthy growth in recent years.
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Freedom Commercials Limited Health Check
Pomanda's financial health check has awarded Freedom Commercials Limited a 2 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
2 Strong
1 Regular
7 Weak
Size
annual sales of £898.8k, make it smaller than the average company (£25.8m)
- Freedom Commercials Limited
£25.8m - Industry AVG
Growth
3 year (CAGR) sales growth of 8%, show it is growing at a faster rate (5.8%)
- Freedom Commercials Limited
5.8% - Industry AVG
Production
with a gross margin of 10.2%, this company has a higher cost of product (14.4%)
- Freedom Commercials Limited
14.4% - Industry AVG
Profitability
an operating margin of 1.1% make it less profitable than the average company (4.2%)
- Freedom Commercials Limited
4.2% - Industry AVG
Employees
with 3 employees, this is below the industry average (50)
3 - Freedom Commercials Limited
50 - Industry AVG
Pay Structure
on an average salary of £41.3k, the company has an equivalent pay structure (£41.3k)
- Freedom Commercials Limited
£41.3k - Industry AVG
Efficiency
resulting in sales per employee of £299.6k, this is less efficient (£539.7k)
- Freedom Commercials Limited
£539.7k - Industry AVG
Debtor Days
it gets paid by customers after 56 days, this is later than average (19 days)
- Freedom Commercials Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 18 days, this is quicker than average (44 days)
- Freedom Commercials Limited
44 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freedom Commercials Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Freedom Commercials Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.5%, this is a lower level of debt than the average (67.5%)
42.5% - Freedom Commercials Limited
67.5% - Industry AVG
FREEDOM COMMERCIALS LIMITED financials
Freedom Commercials Limited's latest turnover from April 2023 is estimated at £898.8 thousand and the company has net assets of £86.7 thousand. According to their latest financial statements, Freedom Commercials Limited has 3 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 3 | 3 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,782 | 24,901 | 21,242 | 31,863 | 42,484 | 21,640 | 514 | 560 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 12,782 | 24,901 | 21,242 | 31,863 | 42,484 | 21,640 | 514 | 560 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 33,125 |
| Trade Debtors | 138,112 | 136,842 | 97,109 | 105,202 | 70,283 | 104,625 | 98,592 | 322 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,890 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 138,112 | 136,842 | 97,109 | 105,202 | 70,283 | 104,625 | 98,592 | 38,337 |
| total assets | 150,894 | 161,743 | 118,351 | 137,065 | 112,767 | 126,265 | 99,106 | 38,897 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 40,685 | 24,359 | 22,281 | 2,525 | 14,876 | 6,985 | 9,766 | 2,445 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 40,685 | 24,359 | 22,281 | 2,525 | 14,876 | 6,985 | 9,766 | 2,445 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 23,508 | 58,266 | 24,079 | 80,628 | 55,527 | 62,685 | 79,600 | 29,411 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 23,508 | 58,266 | 24,079 | 80,628 | 55,527 | 62,685 | 79,600 | 29,411 |
| total liabilities | 64,193 | 82,625 | 46,360 | 83,153 | 70,403 | 69,670 | 89,366 | 31,856 |
| net assets | 86,701 | 79,118 | 71,991 | 53,912 | 42,364 | 56,595 | 9,740 | 7,041 |
| total shareholders funds | 86,701 | 79,118 | 71,991 | 53,912 | 42,364 | 56,595 | 9,740 | 7,041 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 140 | |||||||
| Amortisation | 0 | |||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | -33,125 | 33,125 |
| Debtors | 1,270 | 39,733 | -8,093 | 34,919 | -34,342 | 6,033 | 98,270 | 322 |
| Creditors | 16,326 | 2,078 | 19,756 | -12,351 | 7,891 | -2,781 | 7,321 | 2,445 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -34,758 | 34,187 | -56,549 | 25,101 | -7,158 | -16,915 | 50,189 | 29,411 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,890 | 4,890 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -4,890 | 4,890 |
freedom commercials limited Credit Report and Business Information
Freedom Commercials Limited Competitor Analysis
Perform a competitor analysis for freedom commercials limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in SK23 area or any other competitors across 12 key performance metrics.
freedom commercials limited Ownership
FREEDOM COMMERCIALS LIMITED group structure
Freedom Commercials Limited has no subsidiary companies.
Ultimate parent company
FREEDOM COMMERCIALS LIMITED
09540547
freedom commercials limited directors
Freedom Commercials Limited currently has 1 director, Faredun Baeez serving since Apr 2015.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Faredun Baeez | United Kingdom | 44 years | Apr 2015 | - | Director |
P&L
April 2023turnover
898.8k
+6%
operating profit
10.1k
0%
gross margin
10.2%
+2.66%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
86.7k
+0.1%
total assets
150.9k
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
freedom commercials limited company details
company number
09540547
Type
Private limited with Share Capital
industry
45190 - Sale of other motor vehicles
incorporation date
April 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
N/A
last accounts submitted
April 2023
address
6 old road, whaley bridge, high peak, SK23 7HR
accountant
-
auditor
-
freedom commercials 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 freedom commercials limited.
freedom commercials limited Companies House Filings - See Documents
| date | description | view/download |
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