freedom property solutions limited

Live EstablishedMicroHealthy

freedom property solutions limited Company Information

Share FREEDOM PROPERTY SOLUTIONS LIMITED

Company Number

09825888

Shareholders

david lockett

beverly lockett

Group Structure

View All

Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 +1

Registered Address

the oakley kidderminster road, droitwich, WR9 9AY

freedom property solutions limited Estimated Valuation

£550.5k

Pomanda estimates the enterprise value of FREEDOM PROPERTY SOLUTIONS LIMITED at £550.5k based on a Turnover of £173.9k and 3.17x industry multiple (adjusted for size and gross margin).

freedom property solutions limited Estimated Valuation

£605.2k

Pomanda estimates the enterprise value of FREEDOM PROPERTY SOLUTIONS LIMITED at £605.2k based on an EBITDA of £93.6k and a 6.46x industry multiple (adjusted for size and gross margin).

freedom property solutions limited Estimated Valuation

£209.1k

Pomanda estimates the enterprise value of FREEDOM PROPERTY SOLUTIONS LIMITED at £209.1k based on Net Assets of £125.9k and 1.66x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Freedom Property Solutions Limited Overview

Freedom Property Solutions Limited is a live company located in droitwich, WR9 9AY with a Companies House number of 09825888. It operates in the buying and selling of own real estate sector, SIC Code 68100. Founded in October 2015, it's largest shareholder is david lockett with a 50% stake. Freedom Property Solutions Limited is a established, micro sized company, Pomanda has estimated its turnover at £173.9k with healthy growth in recent years.

View Sample
View Sample
View Sample

Upgrade for unlimited company reports & a free credit check

Freedom Property Solutions Limited Health Check

Pomanda's financial health check has awarded Freedom Property Solutions Limited a 3 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

Health Check Image
Health Rating3out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £173.9k, make it smaller than the average company (£838.2k)

£173.9k - Freedom Property Solutions Limited

£838.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (2.7%)

14% - Freedom Property Solutions Limited

2.7% - Industry AVG

production

Production

with a gross margin of 70.9%, this company has a comparable cost of product (70.9%)

70.9% - Freedom Property Solutions Limited

70.9% - Industry AVG

profitability

Profitability

an operating margin of 53.8% make it more profitable than the average company (26.2%)

53.8% - Freedom Property Solutions Limited

26.2% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Freedom Property Solutions Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £33.3k, the company has an equivalent pay structure (£33.3k)

£33.3k - Freedom Property Solutions Limited

£33.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £87k, this is less efficient (£180.8k)

£87k - Freedom Property Solutions Limited

£180.8k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 25 days, this is near the average (29 days)

25 days - Freedom Property Solutions Limited

29 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 56 days, this is slower than average (33 days)

56 days - Freedom Property Solutions Limited

33 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freedom Property Solutions Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (10 weeks)

2 weeks - Freedom Property Solutions Limited

10 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 88.8%, this is a higher level of debt than the average (66.4%)

88.8% - Freedom Property Solutions Limited

66.4% - Industry AVG

FREEDOM PROPERTY SOLUTIONS LIMITED financials

EXPORTms excel logo

Freedom Property Solutions Limited's latest turnover from October 2023 is estimated at £173.9 thousand and the company has net assets of £125.9 thousand. According to their latest financial statements, Freedom Property Solutions Limited has 2 employees and maintains cash reserves of £7.2 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Turnover173,916167,044127,326118,691221,407174,8824,721
Other Income Or Grants
Cost Of Sales50,64050,51139,04235,80968,36252,9511,377
Gross Profit123,276116,53388,28382,882153,045121,9313,344
Admin Expenses29,693160,91754,042160,412186,537145,9263,911
Operating Profit93,583-44,38434,241-77,530-33,492-23,995-567
Interest Payable86,54363,54035,73719,8978,409
Interest Receivable2566947361
Pre-Tax Profit7,296-107,855-1,492-97,420-41,865-23,994-567
Tax-1,824
Profit After Tax5,472-107,855-1,492-97,420-41,865-23,994-567
Dividends Paid
Retained Profit5,472-107,855-1,492-97,420-41,865-23,994-567
Employee Costs66,57067,29263,80364,25567,73865,67930,214
Number Of Employees2222221
EBITDA*93,629-44,22534,445-77,371-33,446-23,995-567

* Earnings Before Interest, Tax, Depreciation and Amortisation

Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Tangible Assets4620532,0525,002
Intangible Assets
Investments & Other1,100,0331,100,0331,100,000372,262373,238
Debtors (Due After 1 year)
Total Fixed Assets1,100,0331,100,0791,100,205404,314378,240
Stock & work in progress
Trade Debtors12,35113,2946,1363,252403
Group Debtors267
Misc Debtors1,80044,23676,97992,73512,883
Cash7,1662,6003,5704,3549,355317
misc current assets
total current assets19,78417,69453,94284,585102,09013,200403
total assets1,119,8171,117,7731,154,147488,899480,33013,200403
Bank overdraft3,686
Bank loan7,9827,850
Trade Creditors 7,8601,41411,08210,77417,534737970
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities169,072174,963176,775238,770280,05637,022
total current liabilities184,914184,227187,857249,544301,27637,759970
loans758,692764,027768,492403,199245,478
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions50,26949,04944,269
total long term liabilities808,961813,076812,761403,199245,478
total liabilities993,875997,3031,000,618652,743546,75437,759970
net assets125,942120,470153,529-163,844-66,424-24,559-567
total shareholders funds125,942120,470153,529-163,844-66,424-24,559-567
Oct 2023Oct 2022Oct 2021Oct 2020Oct 2019Oct 2018Oct 2017Oct 2016
Operating Activities
Operating Profit93,583-44,38434,241-77,530-33,492-23,995-567
Depreciation4615920415946
Amortisation
Tax-1,824
Stock
Debtors-2,476-35,278-29,859-12,50479,85212,480403
Creditors6,446-9,668308-6,76016,797-233970
Accruals and Deferred Income-5,891-1,812-61,995-41,286243,03437,022
Deferred Taxes & Provisions1,2204,78044,269
Cash flow from operations96,056-15,64746,886-112,913146,533314
Investing Activities
capital expenditure31,643-27,209-5,048
Change in Investments33727,738-976373,238
cash flow from investments-33-696,095-26,233-378,286
Financing Activities
Bank loans1327,850
Group/Directors Accounts
Other Short Term Loans
Long term loans-5,335-4,465365,293157,721245,478
Hire Purchase and Lease Commitments
other long term liabilities
share issue74,796318,8652
interest-86,287-63,471-35,733-19,890-8,3731
cash flow from financing-91,49014,710648,425137,831237,1053
cash and cash equivalents
cash4,566-970-784-5,0019,038317
overdraft-3,6863,686
change in cash4,566-970-784-1,3155,352317

freedom property solutions limited 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 property solutions limited. Get real-time insights into freedom property solutions limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Freedom Property Solutions Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for freedom property solutions limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in WR9 area or any other competitors across 12 key performance metrics.

freedom property solutions limited Ownership

FREEDOM PROPERTY SOLUTIONS LIMITED group structure

Freedom Property Solutions Limited has no subsidiary companies.

Ultimate parent company

FREEDOM PROPERTY SOLUTIONS LIMITED

09825888

FREEDOM PROPERTY SOLUTIONS LIMITED Shareholders

david lockett 50%
beverly lockett 50%

freedom property solutions limited directors

Freedom Property Solutions Limited currently has 2 directors. The longest serving directors include Mr David Lockett (Oct 2015) and Ms Beverley Lockett (Oct 2017).

officercountryagestartendrole
Mr David LockettFrance59 years Oct 2015- Director
Ms Beverley LockettEngland56 years Oct 2017- Director

P&L

October 2023

turnover

173.9k

+4%

operating profit

93.6k

0%

gross margin

70.9%

+1.61%

turnover

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

Balance Sheet

October 2023

net assets

125.9k

+0.05%

total assets

1.1m

0%

cash

7.2k

+1.76%

net assets

Total assets minus all liabilities

freedom property solutions limited company details

company number

09825888

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

68100 - Buying and selling of own real estate

incorporation date

October 2015

age

10

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

October 2023

previous names

N/A

accountant

PROPERTY TAX PEOPLE LIMITED

auditor

-

address

the oakley kidderminster road, droitwich, WR9 9AY

Bank

BARCLAYS BANK PLC

Legal Advisor

-

freedom property solutions 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 4 charges/mortgages relating to freedom property solutions limited. Currently there are 3 open charges and 1 have been satisfied in the past.

freedom property solutions 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 PROPERTY SOLUTIONS LIMITED. This can take several minutes, an email will notify you when this has completed.

freedom property solutions limited Companies House Filings - See Documents

datedescriptionview/download