free spirit 3 ltd
free spirit 3 ltd Company Information
Company Number
09594782
Next Accounts
Dec 2025
Shareholders
mr peter gale
mr andrew james gale
View AllGroup Structure
View All
Industry
Activities of open-ended investment companies
Registered Address
unit 4b lynx business park, fordham road, snailwell, cambridgeshire, CB8 7NY
Website
www.freespiritautos.co.ukfree spirit 3 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREE SPIRIT 3 LTD at £547.9k based on a Turnover of £461.2k and 1.19x industry multiple (adjusted for size and gross margin).
free spirit 3 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREE SPIRIT 3 LTD at £0 based on an EBITDA of £-74.2k and a 3.68x industry multiple (adjusted for size and gross margin).
free spirit 3 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREE SPIRIT 3 LTD at £5.1m based on Net Assets of £4.1m and 1.23x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Free Spirit 3 Ltd Overview
Free Spirit 3 Ltd is a live company located in snailwell, CB8 7NY with a Companies House number of 09594782. It operates in the activities of open-ended investment companies sector, SIC Code 64304. Founded in May 2015, it's largest shareholder is mr peter gale with a 76.9% stake. Free Spirit 3 Ltd is a established, micro sized company, Pomanda has estimated its turnover at £461.2k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
Free Spirit 3 Ltd Health Check
Pomanda's financial health check has awarded Free Spirit 3 Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 0 measures and has 6 areas for improvement. Company Health Check FAQs
0 Strong
3 Regular
6 Weak
Size
annual sales of £461.2k, make it smaller than the average company (£2.9m)
- Free Spirit 3 Ltd
£2.9m - Industry AVG
Growth
3 year (CAGR) sales growth of -50%, show it is growing at a slower rate (2.8%)
- Free Spirit 3 Ltd
2.8% - Industry AVG
Production
with a gross margin of 45.2%, this company has a comparable cost of product (45.2%)
- Free Spirit 3 Ltd
45.2% - Industry AVG
Profitability
an operating margin of -16.1% make it less profitable than the average company (6.4%)
- Free Spirit 3 Ltd
6.4% - Industry AVG
Employees
with 2 employees, this is below the industry average (13)
2 - Free Spirit 3 Ltd
13 - Industry AVG
Pay Structure
on an average salary of £106.8k, the company has an equivalent pay structure (£106.8k)
- Free Spirit 3 Ltd
£106.8k - Industry AVG
Efficiency
resulting in sales per employee of £230.6k, this is equally as efficient (£230.6k)
- Free Spirit 3 Ltd
£230.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Free Spirit 3 Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Free Spirit 3 Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Free Spirit 3 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (33 weeks)
0 weeks - Free Spirit 3 Ltd
33 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.5%, this is a higher level of debt than the average (53.3%)
61.5% - Free Spirit 3 Ltd
53.3% - Industry AVG
FREE SPIRIT 3 LTD financials
Free Spirit 3 Ltd's latest turnover from March 2024 is estimated at £461.2 thousand and the company has net assets of £4.1 million. According to their latest financial statements, Free Spirit 3 Ltd has 2 employees and maintains cash reserves of £21.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 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 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||
| Intangible Assets | |||||||||
| Investments & Other | 10,550,404 | 8,476,226 | 8,423,286 | 7,281,473 | 4,700,791 | 4,786,623 | 4,182,181 | 4,144,918 | 2,537,263 |
| Debtors (Due After 1 year) | |||||||||
| Total Fixed Assets | 10,550,404 | 8,476,226 | 8,423,286 | 7,281,473 | 4,700,791 | 4,786,623 | 4,182,181 | 4,144,918 | 2,537,263 |
| Stock & work in progress | |||||||||
| Trade Debtors | |||||||||
| Group Debtors | |||||||||
| Misc Debtors | 90,000 | 152,607 | 92,365 | 163,310 | 161,346 | 135,895 | |||
| Cash | 21,667 | 59,733 | 19,462 | 35,897 | 49,702 | 240,513 | 376,772 | 22,854 | 3,909 |
| misc current assets | |||||||||
| total current assets | 111,667 | 212,340 | 111,827 | 199,207 | 211,048 | 376,408 | 376,772 | 22,854 | 3,909 |
| total assets | 10,662,071 | 8,688,566 | 8,535,113 | 7,480,680 | 4,911,839 | 5,163,031 | 4,558,953 | 4,167,772 | 2,541,172 |
| Bank overdraft | |||||||||
| Bank loan | |||||||||
| Trade Creditors | 4,492,637 | ||||||||
| Group/Directors Accounts | 4,085,293 | 4,039,917 | 4,036,917 | ||||||
| other short term finances | |||||||||
| hp & lease commitments | |||||||||
| other current liabilities | 5,774,345 | 5,237,849 | 4,960,969 | 4,000 | 5,726 | 5,747 | 3,664,793 | 2,760,865 | |
| total current liabilities | 5,774,345 | 5,237,849 | 4,960,969 | 4,492,637 | 4,089,293 | 4,045,643 | 4,042,664 | 3,664,793 | 2,760,865 |
| loans | |||||||||
| hp & lease commitments | |||||||||
| Accruals and Deferred Income | |||||||||
| other liabilities | |||||||||
| provisions | 781,285 | 470,007 | 501,851 | 428,512 | 45,026 | 136,371 | 46,546 | 72,857 | |
| total long term liabilities | 781,285 | 470,007 | 501,851 | 428,512 | 45,026 | 136,371 | 46,546 | 72,857 | |
| total liabilities | 6,555,630 | 5,707,856 | 5,462,820 | 4,921,149 | 4,134,319 | 4,182,014 | 4,089,210 | 3,737,650 | 2,760,865 |
| net assets | 4,106,441 | 2,980,710 | 3,072,293 | 2,559,531 | 777,520 | 981,017 | 469,743 | 430,122 | -219,693 |
| total shareholders funds | 4,106,441 | 2,980,710 | 3,072,293 | 2,559,531 | 777,520 | 981,017 | 469,743 | 430,122 | -219,693 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||
| Operating Profit | |||||||||
| Depreciation | |||||||||
| Amortisation | |||||||||
| Tax | |||||||||
| Stock | |||||||||
| Debtors | -62,607 | 60,242 | -70,945 | 1,964 | 25,451 | 135,895 | |||
| Creditors | -4,492,637 | 4,492,637 | |||||||
| Accruals and Deferred Income | 536,496 | 276,880 | 4,960,969 | -4,000 | -1,726 | -21 | -3,659,046 | 903,928 | 2,760,865 |
| Deferred Taxes & Provisions | 311,278 | -31,844 | 73,339 | 383,486 | -91,345 | 89,825 | -26,311 | 72,857 | |
| Cash flow from operations | |||||||||
| Investing Activities | |||||||||
| capital expenditure | |||||||||
| Change in Investments | 2,074,178 | 52,940 | 1,141,813 | 2,580,682 | -85,832 | 604,442 | 37,263 | 1,607,655 | 2,537,263 |
| cash flow from investments | |||||||||
| Financing Activities | |||||||||
| Bank loans | |||||||||
| Group/Directors Accounts | -4,085,293 | 45,376 | 3,000 | 4,036,917 | |||||
| Other Short Term Loans | |||||||||
| Long term loans | |||||||||
| Hire Purchase and Lease Commitments | |||||||||
| other long term liabilities | |||||||||
| share issue | |||||||||
| interest | |||||||||
| cash flow from financing | |||||||||
| cash and cash equivalents | |||||||||
| cash | -38,066 | 40,271 | -16,435 | -13,805 | -190,811 | -136,259 | 353,918 | 18,945 | 3,909 |
| overdraft | |||||||||
| change in cash | -38,066 | 40,271 | -16,435 | -13,805 | -190,811 | -136,259 | 353,918 | 18,945 | 3,909 |
free spirit 3 ltd Credit Report and Business Information
Free Spirit 3 Ltd Competitor Analysis
Perform a competitor analysis for free spirit 3 ltd by selecting its closest rivals, whether from the FINANCIAL AND INSURANCE ACTIVITIES sector, other micro companies, companies in CB8 area or any other competitors across 12 key performance metrics.
free spirit 3 ltd Ownership
FREE SPIRIT 3 LTD group structure
Free Spirit 3 Ltd has no subsidiary companies.
Ultimate parent company
FREE SPIRIT 3 LTD
09594782
free spirit 3 ltd directors
Free Spirit 3 Ltd currently has 2 directors. The longest serving directors include Mr Peter Gale (May 2015) and Mr Andrew Gale (May 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Peter Gale | England | 69 years | May 2015 | - | Director |
| Mr Andrew Gale | England | 32 years | May 2024 | - | Director |
P&L
March 2024turnover
461.2k
+82%
operating profit
-74.2k
0%
gross margin
45.3%
-39.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
4.1m
+0.38%
total assets
10.7m
+0.23%
cash
21.7k
-0.64%
net assets
Total assets minus all liabilities
free spirit 3 ltd company details
company number
09594782
Type
Private limited with Share Capital
industry
64304 - Activities of open-ended investment companies
incorporation date
May 2015
age
10
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
-
address
unit 4b lynx business park, fordham road, snailwell, cambridgeshire, CB8 7NY
Bank
-
Legal Advisor
-
free spirit 3 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 2 charges/mortgages relating to free spirit 3 ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
free spirit 3 ltd 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 FREE SPIRIT 3 LTD. This can take several minutes, an email will notify you when this has completed.
free spirit 3 ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
