freesports limited
freesports limited Company Information
Company Number
10743561
Website
www.freesports.tvRegistered Address
78 burton court franklins row, london, SW3 4SX
Industry
Other business support service activities n.e.c.
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
ssbl limited 100%
freesports limited Estimated Valuation
Pomanda estimates the enterprise value of FREESPORTS LIMITED at £4.2m based on a Turnover of £8.6m and 0.49x industry multiple (adjusted for size and gross margin).
freesports limited Estimated Valuation
Pomanda estimates the enterprise value of FREESPORTS LIMITED at £0 based on an EBITDA of £-569.6k and a 3.72x industry multiple (adjusted for size and gross margin).
freesports limited Estimated Valuation
Pomanda estimates the enterprise value of FREESPORTS LIMITED at £0 based on Net Assets of £-5.8m and 2.57x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freesports Limited Overview
Freesports Limited is a live company located in london, SW3 4SX with a Companies House number of 10743561. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in April 2017, it's largest shareholder is ssbl limited with a 100% stake. Freesports Limited is a young, mid sized company, Pomanda has estimated its turnover at £8.6m with low growth in recent years.
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Freesports Limited Health Check
Pomanda's financial health check has awarded Freesports Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £8.6m, make it larger than the average company (£4.3m)
- Freesports Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 3%, show it is growing at a slower rate (6.2%)
- Freesports Limited
6.2% - Industry AVG
Production
with a gross margin of 16.8%, this company has a higher cost of product (37.7%)
- Freesports Limited
37.7% - Industry AVG
Profitability
an operating margin of -6.6% make it less profitable than the average company (5.7%)
- Freesports Limited
5.7% - Industry AVG
Employees
with 22 employees, this is similar to the industry average (25)
- Freesports Limited
25 - Industry AVG
Pay Structure
on an average salary of £51.7k, the company has an equivalent pay structure (£51.7k)
- Freesports Limited
£51.7k - Industry AVG
Efficiency
resulting in sales per employee of £391.1k, this is more efficient (£164.9k)
- Freesports Limited
£164.9k - Industry AVG
Debtor Days
it gets paid by customers after 8 days, this is earlier than average (40 days)
- Freesports Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 309 days, this is slower than average (31 days)
- Freesports Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freesports Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - Freesports Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 2016.4%, this is a higher level of debt than the average (61.6%)
2016.4% - Freesports Limited
61.6% - Industry AVG
FREESPORTS LIMITED financials
Freesports Limited's latest turnover from December 2023 is estimated at £8.6 million and the company has net assets of -£5.8 million. According to their latest financial statements, we estimate that Freesports Limited has 22 employees and maintains cash reserves of £102.4 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 | |
|---|---|---|---|---|---|---|---|
| Turnover | |||||||
| Other Income Or Grants | |||||||
| Cost Of Sales | |||||||
| Gross Profit | -1,623,867 | -285,613 | |||||
| Admin Expenses | |||||||
| Operating Profit | |||||||
| Interest Payable | 0 | 0 | |||||
| Interest Receivable | 0 | 0 | |||||
| Pre-Tax Profit | -1,821,923 | -323,870 | |||||
| Tax | 0 | 0 | |||||
| Profit After Tax | -1,821,923 | -323,870 | |||||
| Dividends Paid | 0 | 0 | |||||
| Retained Profit | -1,821,923 | -323,870 | |||||
| Employee Costs | |||||||
| Number Of Employees | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 1,101 | 2,080 | 3,059 | 4,038 | 0 |
| Intangible Assets | 0 | 0 | 308,475 | 391,375 | 441,875 | 102,375 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 309,576 | 393,455 | 444,934 | 106,413 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 198,918 | 445,334 | 516,554 | 446,461 | 590,328 | 685,301 | 325,414 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 102,440 | 2,466 | 12,277 | 91,901 | 127,765 | 83,372 | 48,277 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 301,358 | 447,800 | 528,831 | 538,362 | 718,093 | 768,673 | 373,691 |
| total assets | 301,358 | 447,800 | 838,407 | 931,817 | 1,163,027 | 875,086 | 373,691 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 6,076,428 | 5,655,839 | 5,639,731 | 5,270,255 | 4,365,092 | 3,020,779 | 697,461 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 6,076,428 | 5,655,839 | 5,639,731 | 5,270,255 | 4,365,092 | 3,020,779 | 697,461 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 6,076,428 | 5,655,839 | 5,639,731 | 5,270,255 | 4,365,092 | 3,020,779 | 697,461 |
| net assets | -5,775,070 | -5,208,039 | -4,801,324 | -4,338,438 | -3,202,065 | -2,145,693 | -323,770 |
| total shareholders funds | -5,775,070 | -5,208,039 | -4,801,324 | -4,338,438 | -3,202,065 | -2,145,693 | -323,770 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 1,101 | 979 | 0 | 979 | 856 | 0 |
| Amortisation | 0 | 19,042 | 34,900 | 50,500 | 60,500 | 2,625 | 0 |
| Tax | 0 | 0 | |||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -246,416 | -71,220 | 70,093 | -143,867 | -94,973 | 359,887 | 325,414 |
| Creditors | 420,589 | 16,108 | 369,476 | 905,163 | 1,344,313 | 2,323,318 | 697,461 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | 0 | 0 | |||||
| cash flow from financing | 0 | 100 | |||||
| cash and cash equivalents | |||||||
| cash | 99,974 | -9,811 | -79,624 | -35,864 | 44,393 | 35,095 | 48,277 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 99,974 | -9,811 | -79,624 | -35,864 | 44,393 | 35,095 | 48,277 |
freesports limited Credit Report and Business Information
Freesports Limited Competitor Analysis
Perform a competitor analysis for freesports limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in SW3 area or any other competitors across 12 key performance metrics.
freesports limited Ownership
FREESPORTS LIMITED group structure
Freesports Limited has no subsidiary companies.
Ultimate parent company
TDL MEDIA LIMITED
IE487303
SSBL LIMITED
IE473481
2 parents
FREESPORTS LIMITED
10743561
freesports limited directors
Freesports Limited currently has 2 directors. The longest serving directors include Mr Michael O'Rourke (Apr 2024) and Ms Gemma O'Rourke (Apr 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Michael O'Rourke | England | 59 years | Apr 2024 | - | Director |
| Ms Gemma O'Rourke | England | 59 years | Apr 2024 | - | Director |
P&L
December 2023turnover
8.6m
+9%
operating profit
-569.6k
0%
gross margin
16.9%
-3.1%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-5.8m
+0.11%
total assets
301.4k
-0.33%
cash
102.4k
+40.54%
net assets
Total assets minus all liabilities
freesports limited company details
company number
10743561
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
April 2017
age
7
incorporated
UK
ultimate parent company
accounts
Audited Abridged
last accounts submitted
December 2023
previous names
viaplay group uk sports limited (May 2024)
freesports limited (November 2022)
accountant
STRATA AUDIT
auditor
-
address
78 burton court franklins row, london, SW3 4SX
Bank
-
Legal Advisor
-
freesports 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 freesports limited.
freesports limited Companies House Filings - See Documents
| date | description | view/download |
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