freemans event partners (brand partnerships) limited

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freemans event partners (brand partnerships) limited Company Information

Share FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED

Company Number

11747926

Shareholders

freemans event partners holdings limited

Group Structure

View All

Industry

Event catering activities

 

Registered Address

unit q2, quadrant distribution c, quadrant way, gloucester, gloucestershire, GL2 2RN

freemans event partners (brand partnerships) limited Estimated Valuation

£374.6k

Pomanda estimates the enterprise value of FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED at £374.6k based on a Turnover of £936.3k and 0.4x industry multiple (adjusted for size and gross margin).

freemans event partners (brand partnerships) limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED at £1.9m based on an EBITDA of £653.1k and a 2.98x industry multiple (adjusted for size and gross margin).

freemans event partners (brand partnerships) limited Estimated Valuation

£1.6m

Pomanda estimates the enterprise value of FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED at £1.6m based on Net Assets of £560.2k and 2.85x industry multiple (adjusted for liquidity).

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Freemans Event Partners (brand Partnerships) Limited Overview

Freemans Event Partners (brand Partnerships) Limited is a live company located in gloucester, GL2 2RN with a Companies House number of 11747926. It operates in the event catering activities sector, SIC Code 56210. Founded in January 2019, it's largest shareholder is freemans event partners holdings limited with a 100% stake. Freemans Event Partners (brand Partnerships) Limited is a young, small sized company, Pomanda has estimated its turnover at £936.3k with rapid growth in recent years.

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Freemans Event Partners (brand Partnerships) Limited Health Check

Pomanda's financial health check has awarded Freemans Event Partners (Brand Partnerships) Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

2 Weak

size

Size

annual sales of £936.3k, make it larger than the average company (£534.6k)

£936.3k - Freemans Event Partners (brand Partnerships) Limited

£534.6k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 129%, show it is growing at a faster rate (12%)

129% - Freemans Event Partners (brand Partnerships) Limited

12% - Industry AVG

production

Production

with a gross margin of 23.7%, this company has a higher cost of product (42.6%)

23.7% - Freemans Event Partners (brand Partnerships) Limited

42.6% - Industry AVG

profitability

Profitability

an operating margin of 69.8% make it more profitable than the average company (6.1%)

69.8% - Freemans Event Partners (brand Partnerships) Limited

6.1% - Industry AVG

employees

Employees

with 9 employees, this is similar to the industry average (10)

9 - Freemans Event Partners (brand Partnerships) Limited

10 - Industry AVG

paystructure

Pay Structure

on an average salary of £19.2k, the company has an equivalent pay structure (£19.2k)

£19.2k - Freemans Event Partners (brand Partnerships) Limited

£19.2k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £104k, this is more efficient (£64.6k)

£104k - Freemans Event Partners (brand Partnerships) Limited

£64.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 94 days, this is later than average (32 days)

94 days - Freemans Event Partners (brand Partnerships) Limited

32 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 48 days, this is slower than average (27 days)

48 days - Freemans Event Partners (brand Partnerships) Limited

27 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Freemans Event Partners (brand Partnerships) Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 24 weeks, this is average cash available to meet short term requirements (28 weeks)

24 weeks - Freemans Event Partners (brand Partnerships) Limited

28 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 54.7%, this is a lower level of debt than the average (78%)

54.7% - Freemans Event Partners (brand Partnerships) Limited

78% - Industry AVG

FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED financials

EXPORTms excel logo

Freemans Event Partners (Brand Partnerships) Limited's latest turnover from January 2024 is estimated at £936.3 thousand and the company has net assets of £560.2 thousand. According to their latest financial statements, Freemans Event Partners (Brand Partnerships) Limited has 9 employees and maintains cash reserves of £317.9 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Turnover936,334278,952157,26878,07485,386
Other Income Or Grants
Cost Of Sales714,525226,865140,82970,18870,576
Gross Profit221,80952,08716,4397,88614,811
Admin Expenses-431,253-86,618-19,84776,928-26,195
Operating Profit653,062138,70536,286-69,04241,006
Interest Payable31,92526,959390432
Interest Receivable8,3465,11657283
Pre-Tax Profit629,483116,86336,858-69,35040,574
Tax-157,371-22,204-7,003-7,709
Profit After Tax472,11294,65929,855-69,35032,865
Dividends Paid
Retained Profit472,11294,65929,855-69,35032,865
Employee Costs172,759147,600122,274105,929
Number Of Employees98763
EBITDA*653,062138,97437,660-67,66842,112

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Tangible Assets2691,6433,017
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets2691,6433,017
Stock & work in progress
Trade Debtors242,13483,43479,87016,498
Group Debtors674,987733,124100316,789
Misc Debtors1,86315,75038,25193,47069,665
Cash317,940292,370165,098
misc current assets
total current assets1,236,924832,308410,491258,668402,952
total assets1,236,924832,308410,760260,311405,969
Bank overdraft567,55712,794
Bank loan
Trade Creditors 94,8618,6031,0433,8942,853
Group/Directors Accounts66,16035,679339,031
other short term finances
hp & lease commitments
other current liabilities581,822168,019350,087257,12318,326
total current liabilities676,683744,179417,290296,696373,004
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities676,683744,179417,290296,696373,004
net assets560,24188,129-6,530-36,38532,965
total shareholders funds560,24188,129-6,530-36,38532,965
Jan 2024Jan 2023Jan 2022Jan 2021Jan 2020
Operating Activities
Operating Profit653,062138,70536,286-69,04241,006
Depreciation2691,3741,3741,106
Amortisation
Tax-157,371-22,204-7,003-7,709
Stock
Debtors86,676714,18724,551-309,382402,952
Creditors86,2587,560-2,8511,0412,853
Accruals and Deferred Income413,803-182,06892,964238,79718,326
Deferred Taxes & Provisions
Cash flow from operations909,076-771,92596,219481,552-347,370
Investing Activities
capital expenditure-4,123
Change in Investments
cash flow from investments-4,123
Financing Activities
Bank loans
Group/Directors Accounts-66,16030,481-303,352339,031
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue100
interest-23,579-21,843572-307-432
cash flow from financing-23,579-88,00331,053-303,659338,699
cash and cash equivalents
cash317,940-292,370127,272165,098
overdraft-567,557567,557-12,79412,794
change in cash885,497-859,927127,272177,892-12,794

freemans event partners (brand partnerships) limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Freemans Event Partners (brand Partnerships) Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for freemans event partners (brand partnerships) limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other small companies, companies in GL2 area or any other competitors across 12 key performance metrics.

freemans event partners (brand partnerships) limited Ownership

FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED group structure

Freemans Event Partners (Brand Partnerships) Limited has no subsidiary companies.

Ultimate parent company

1 parent

FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED

11747926

FREEMANS EVENT PARTNERS (BRAND PARTNERSHIPS) LIMITED Shareholders

freemans event partners holdings limited 100%

freemans event partners (brand partnerships) limited directors

Freemans Event Partners (Brand Partnerships) Limited currently has 1 director, Mr Stephen Freeman serving since Jan 2019.

officercountryagestartendrole
Mr Stephen FreemanEngland48 years Jan 2019- Director

P&L

January 2024

turnover

936.3k

+236%

operating profit

653.1k

0%

gross margin

23.7%

+26.87%

turnover

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

Balance Sheet

January 2024

net assets

560.2k

+5.36%

total assets

1.2m

+0.49%

cash

317.9k

0%

net assets

Total assets minus all liabilities

freemans event partners (brand partnerships) limited company details

company number

11747926

Type

Private limited with Share Capital

industry

56210 - Event catering activities

incorporation date

January 2019

age

6

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

January 2024

previous names

N/A

accountant

-

auditor

-

address

unit q2, quadrant distribution c, quadrant way, gloucester, gloucestershire, GL2 2RN

Bank

-

Legal Advisor

-

freemans event partners (brand partnerships) 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 2 charges/mortgages relating to freemans event partners (brand partnerships) limited. Currently there are 2 open charges and 0 have been satisfied in the past.

freemans event partners (brand partnerships) 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.

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freemans event partners (brand partnerships) limited Companies House Filings - See Documents

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