freshways lettings limited
freshways lettings limited Company Information
Company Number
10108097
Next Accounts
Sep 2025
Shareholders
nijjar family limited
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.
Registered Address
second floor park view, riverside way, camberley, GU15 3YL
Website
www.freshways.co.ukfreshways lettings limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWAYS LETTINGS LIMITED at £1.6m based on a Turnover of £477.9k and 3.31x industry multiple (adjusted for size and gross margin).
freshways lettings limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWAYS LETTINGS LIMITED at £5.8m based on an EBITDA of £898k and a 6.47x industry multiple (adjusted for size and gross margin).
freshways lettings limited Estimated Valuation
Pomanda estimates the enterprise value of FRESHWAYS LETTINGS LIMITED at £157.9k based on Net Assets of £90.4k and 1.75x industry multiple (adjusted for liquidity).
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Freshways Lettings Limited Overview
Freshways Lettings Limited is a live company located in camberley, GU15 3YL with a Companies House number of 10108097. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in April 2016, it's largest shareholder is nijjar family limited with a 100% stake. Freshways Lettings Limited is a young, micro sized company, Pomanda has estimated its turnover at £477.9k with declining growth in recent years.
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Freshways Lettings Limited Health Check
Pomanda's financial health check has awarded Freshways Lettings Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £477.9k, make it smaller than the average company (£1.1m)
- Freshways Lettings Limited
£1.1m - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (3.6%)
- Freshways Lettings Limited
3.6% - Industry AVG
Production
with a gross margin of 71%, this company has a comparable cost of product (71%)
- Freshways Lettings Limited
71% - Industry AVG
Profitability
an operating margin of 137.8% make it more profitable than the average company (21.6%)
- Freshways Lettings Limited
21.6% - Industry AVG
Employees
with 5 employees, this is above the industry average (4)
5 - Freshways Lettings Limited
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Freshways Lettings Limited
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £95.6k, this is less efficient (£202.7k)
- Freshways Lettings Limited
£202.7k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is earlier than average (33 days)
- Freshways Lettings Limited
33 days - Industry AVG
Creditor Days
its suppliers are paid after 17 days, this is quicker than average (34 days)
- Freshways Lettings Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freshways Lettings Limited
- - Industry AVG
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 - Freshways Lettings Limited
10 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.7%, this is a higher level of debt than the average (71.6%)
99.7% - Freshways Lettings Limited
71.6% - Industry AVG
FRESHWAYS LETTINGS LIMITED financials
Freshways Lettings Limited's latest turnover from December 2023 is estimated at £477.9 thousand and the company has net assets of £90.4 thousand. According to their latest financial statements, Freshways Lettings Limited has 5 employees and maintains cash reserves of £488 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 5 | 5 | 5 | 7 | 6 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 25,024,401 | 25,232,975 | 25,494,957 | 25,766,526 | 26,048,606 | 26,172,887 | 26,201,987 | 13,305,953 |
| Intangible Assets | ||||||||
| Investments & Other | ||||||||
| Debtors (Due After 1 year) | ||||||||
| Total Fixed Assets | 25,024,401 | 25,232,975 | 25,494,957 | 25,766,526 | 26,048,606 | 26,172,887 | 26,201,987 | 13,305,953 |
| Stock & work in progress | ||||||||
| Trade Debtors | 35,006 | 57,706 | 67,620 | 53,304 | 15,129 | 33,576 | 20,587 | 970 |
| Group Debtors | 562,059 | 1,258,655 | ||||||
| Misc Debtors | 502,594 | 2,265 | 2,320 | 141,107 | 1,975 | 2,401 | ||
| Cash | 488,017 | 26,093 | 51,186 | 101,852 | 102,179 | 30,904 | 170,600 | 4,827,818 |
| misc current assets | ||||||||
| total current assets | 1,587,676 | 86,064 | 121,126 | 296,263 | 119,283 | 66,881 | 191,187 | 6,087,443 |
| total assets | 26,612,077 | 25,319,039 | 25,616,083 | 26,062,789 | 26,167,889 | 26,239,768 | 26,393,174 | 19,393,396 |
| Bank overdraft | ||||||||
| Bank loan | ||||||||
| Trade Creditors | 6,470 | 8,386 | 5,399 | 29,660 | ||||
| Group/Directors Accounts | 223,168 | 14,238,170 | 15,101,283 | 17,622,189 | 25,307,879 | 25,923,959 | 25,929,064 | 18,900,043 |
| other short term finances | ||||||||
| hp & lease commitments | ||||||||
| other current liabilities | 11,508,126 | 10,801,453 | 10,114,406 | 8,016,855 | 623,537 | 130,120 | 282,600 | 382,600 |
| total current liabilities | 11,737,764 | 25,048,009 | 25,221,088 | 25,639,044 | 25,931,416 | 26,054,079 | 26,241,324 | 19,282,643 |
| loans | 14,760,000 | |||||||
| hp & lease commitments | ||||||||
| Accruals and Deferred Income | ||||||||
| other liabilities | ||||||||
| provisions | 23,885 | 22,339 | 21,398 | 17,773 | 20,403 | 20,268 | 15,754 | 7,350 |
| total long term liabilities | 14,783,885 | 22,339 | 21,398 | 17,773 | 20,403 | 20,268 | 15,754 | 7,350 |
| total liabilities | 26,521,649 | 25,070,348 | 25,242,486 | 25,656,817 | 25,951,819 | 26,074,347 | 26,257,078 | 19,289,993 |
| net assets | 90,428 | 248,691 | 373,597 | 405,972 | 216,070 | 165,421 | 136,096 | 103,403 |
| total shareholders funds | 90,428 | 248,691 | 373,597 | 405,972 | 216,070 | 165,421 | 136,096 | 103,403 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 239,483 | 286,428 | 283,319 | 282,082 | 132,045 | 17,953 | 19,223 | 13,155 |
| Amortisation | ||||||||
| Tax | ||||||||
| Stock | ||||||||
| Debtors | 1,039,688 | -9,969 | -124,471 | 177,307 | -18,873 | 15,390 | -1,239,038 | 1,259,625 |
| Creditors | -1,916 | 2,987 | 5,399 | -29,660 | 29,660 | |||
| Accruals and Deferred Income | 706,673 | 687,047 | 2,097,551 | 7,393,318 | 493,417 | -152,480 | -100,000 | 382,600 |
| Deferred Taxes & Provisions | 1,546 | 941 | 3,625 | -2,630 | 135 | 4,514 | 8,404 | 7,350 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | ||||||||
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | ||||||||
| Group/Directors Accounts | -14,015,002 | -863,113 | -2,520,906 | -7,685,690 | -616,080 | -5,105 | 7,029,021 | 18,900,043 |
| Other Short Term Loans | ||||||||
| Long term loans | 14,760,000 | |||||||
| Hire Purchase and Lease Commitments | ||||||||
| other long term liabilities | ||||||||
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 461,924 | -25,093 | -50,666 | -327 | 71,275 | -139,696 | -4,657,218 | 4,827,818 |
| overdraft | ||||||||
| change in cash | 461,924 | -25,093 | -50,666 | -327 | 71,275 | -139,696 | -4,657,218 | 4,827,818 |
freshways lettings limited Credit Report and Business Information
Freshways Lettings Limited Competitor Analysis
Perform a competitor analysis for freshways lettings limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in GU15 area or any other competitors across 12 key performance metrics.
freshways lettings limited Ownership
FRESHWAYS LETTINGS LIMITED group structure
Freshways Lettings Limited has no subsidiary companies.
freshways lettings limited directors
Freshways Lettings Limited currently has 3 directors. The longest serving directors include Mr Balvinder Nijjar (Apr 2016) and Mr Ravinder Nijjar (Apr 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Balvinder Nijjar | United Kingdom | 54 years | Apr 2016 | - | Director |
| Mr Ravinder Nijjar | United Kingdom | 43 years | Apr 2016 | - | Director |
| Kalvinder Nijjar | United Kingdom | 56 years | Apr 2016 | - | Director |
P&L
December 2023turnover
477.9k
-16%
operating profit
658.5k
0%
gross margin
71%
+0.46%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
90.4k
-0.64%
total assets
26.6m
+0.05%
cash
488k
+17.7%
net assets
Total assets minus all liabilities
Similar Companies
freshways lettings limited company details
company number
10108097
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.
incorporation date
April 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
JAVED & CO
auditor
-
address
second floor park view, riverside way, camberley, GU15 3YL
Bank
BARCLAYS BANK PLC
Legal Advisor
-
freshways lettings 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 8 charges/mortgages relating to freshways lettings limited. Currently there are 4 open charges and 4 have been satisfied in the past.
freshways lettings 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 FRESHWAYS LETTINGS LIMITED. This can take several minutes, an email will notify you when this has completed.
freshways lettings limited Companies House Filings - See Documents
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