freedom labs ltd
freedom labs ltd Company Information
Group Structure
View All
Industry
Support activities to performing arts
Registered Address
4 yeo bank business park, kenn road, clevedon, north somerset, BS21 6UW
Website
-freedom labs ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM LABS LTD at £9.1k based on a Turnover of £22.2k and 0.41x industry multiple (adjusted for size and gross margin).
freedom labs ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM LABS LTD at £63k based on an EBITDA of £11.9k and a 5.3x industry multiple (adjusted for size and gross margin).
freedom labs ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEDOM LABS LTD at £0 based on Net Assets of £-8.1k and 0.95x industry multiple (adjusted for liquidity).
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Freedom Labs Ltd Overview
Freedom Labs Ltd is a live company located in clevedon, BS21 6UW with a Companies House number of 12399470. It operates in the support activities to performing arts sector, SIC Code 90020. Founded in January 2020, it's largest shareholder is edward karney with a 100% stake. Freedom Labs Ltd is a young, micro sized company, Pomanda has estimated its turnover at £22.2k with declining growth in recent years.
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Freedom Labs Ltd Health Check
Pomanda's financial health check has awarded Freedom Labs Ltd 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
1 Regular
6 Weak
Size
annual sales of £22.2k, make it smaller than the average company (£270.5k)
- Freedom Labs Ltd
£270.5k - Industry AVG
Growth
3 year (CAGR) sales growth of -20%, show it is growing at a slower rate (10%)
- Freedom Labs Ltd
10% - Industry AVG
Production
with a gross margin of 13.1%, this company has a higher cost of product (39.2%)
- Freedom Labs Ltd
39.2% - Industry AVG
Profitability
an operating margin of 53.5% make it more profitable than the average company (4.4%)
- Freedom Labs Ltd
4.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (5)
1 - Freedom Labs Ltd
5 - Industry AVG
Pay Structure
on an average salary of £29.8k, the company has an equivalent pay structure (£29.8k)
- Freedom Labs Ltd
£29.8k - Industry AVG
Efficiency
resulting in sales per employee of £22.2k, this is less efficient (£77.2k)
- Freedom Labs Ltd
£77.2k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is earlier than average (15 days)
- Freedom Labs Ltd
15 days - Industry AVG
Creditor Days
its suppliers are paid after 95 days, this is slower than average (29 days)
- Freedom Labs Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freedom Labs Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Freedom Labs Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1003.6%, this is a higher level of debt than the average (32.1%)
1003.6% - Freedom Labs Ltd
32.1% - Industry AVG
FREEDOM LABS LTD financials
Freedom Labs Ltd's latest turnover from January 2024 is estimated at £22.2 thousand and the company has net assets of -£8.1 thousand. According to their latest financial statements, Freedom Labs Ltd has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| 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 | 1 | 1 | 1 | 1 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Tangible Assets | 490 | 810 | 1,130 | 601 |
| Intangible Assets | ||||
| Investments & Other | ||||
| Debtors (Due After 1 year) | ||||
| Total Fixed Assets | 490 | 810 | 1,130 | 601 |
| Stock & work in progress | ||||
| Trade Debtors | 408 | 156 | 2,339 | 4,570 |
| Group Debtors | ||||
| Misc Debtors | ||||
| Cash | ||||
| misc current assets | ||||
| total current assets | 408 | 156 | 2,339 | 4,570 |
| total assets | 898 | 966 | 3,469 | 5,171 |
| Bank overdraft | ||||
| Bank loan | ||||
| Trade Creditors | 5,033 | 16,765 | 20,789 | 15,850 |
| Group/Directors Accounts | ||||
| other short term finances | ||||
| hp & lease commitments | ||||
| other current liabilities | ||||
| total current liabilities | 5,033 | 16,765 | 20,789 | 15,850 |
| loans | ||||
| hp & lease commitments | ||||
| Accruals and Deferred Income | 1,410 | 1,230 | 1,980 | |
| other liabilities | ||||
| provisions | 2,569 | |||
| total long term liabilities | 3,979 | 1,230 | 1,980 | |
| total liabilities | 9,012 | 17,995 | 22,769 | 15,850 |
| net assets | -8,114 | -17,029 | -19,300 | -10,679 |
| total shareholders funds | -8,114 | -17,029 | -19,300 | -10,679 |
| Jan 2024 | Jan 2023 | Jan 2022 | Jan 2021 | |
|---|---|---|---|---|
| Operating Activities | ||||
| Operating Profit | ||||
| Depreciation | ||||
| Amortisation | ||||
| Tax | ||||
| Stock | ||||
| Debtors | 252 | -2,183 | -2,231 | 4,570 |
| Creditors | -11,732 | -4,024 | 4,939 | 15,850 |
| Accruals and Deferred Income | 180 | -750 | 1,980 | |
| Deferred Taxes & Provisions | 2,569 | |||
| Cash flow from operations | ||||
| Investing Activities | ||||
| capital expenditure | ||||
| Change in Investments | ||||
| cash flow from investments | ||||
| Financing Activities | ||||
| Bank loans | ||||
| Group/Directors Accounts | ||||
| 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 | ||||
| overdraft | ||||
| change in cash |
freedom labs ltd Credit Report and Business Information
Freedom Labs Ltd Competitor Analysis
Perform a competitor analysis for freedom labs ltd by selecting its closest rivals, whether from the ARTS, ENTERTAINMENT AND RECREATION sector, other micro companies, companies in BS21 area or any other competitors across 12 key performance metrics.
freedom labs ltd Ownership
FREEDOM LABS LTD group structure
Freedom Labs Ltd has no subsidiary companies.
Ultimate parent company
FREEDOM LABS LTD
12399470
freedom labs ltd directors
Freedom Labs Ltd currently has 1 director, Mr Edward Karney serving since Jan 2020.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Edward Karney | United Kingdom | 47 years | Jan 2020 | - | Director |
P&L
January 2024turnover
22.2k
-8%
operating profit
11.9k
0%
gross margin
13.2%
-12.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
January 2024net assets
-8.1k
-0.52%
total assets
898
-0.07%
cash
0
0%
net assets
Total assets minus all liabilities
freedom labs ltd company details
company number
12399470
Type
Private limited with Share Capital
industry
90020 - Support activities to performing arts
incorporation date
January 2020
age
5
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
January 2024
previous names
freedom music consultancy ltd (February 2023)
accountant
-
auditor
-
address
4 yeo bank business park, kenn road, clevedon, north somerset, BS21 6UW
Bank
-
Legal Advisor
-
freedom labs 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 did not find charges/mortgages relating to freedom labs ltd.
freedom labs 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 FREEDOM LABS LTD. This can take several minutes, an email will notify you when this has completed.
freedom labs ltd Companies House Filings - See Documents
| date | description | view/download |
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