freemans accountancy no 2 ltd
freemans accountancy no 2 ltd Company Information
Group Structure
View All
Industry
Management consultancy activities (other than financial management)
Registered Address
regus house, malthouse avenue, cardiff gate b, cardiff, CF23 8RU
Website
-freemans accountancy no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEMANS ACCOUNTANCY NO 2 LTD at £83 based on a Turnover of £160 and 0.52x industry multiple (adjusted for size and gross margin).
freemans accountancy no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEMANS ACCOUNTANCY NO 2 LTD at £0 based on an EBITDA of £-5.3k and a 4.2x industry multiple (adjusted for size and gross margin).
freemans accountancy no 2 ltd Estimated Valuation
Pomanda estimates the enterprise value of FREEMANS ACCOUNTANCY NO 2 LTD at £266 based on Net Assets of £100 and 2.66x industry multiple (adjusted for liquidity).
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Freemans Accountancy No 2 Ltd Overview
Freemans Accountancy No 2 Ltd is a live company located in cardiff, CF23 8RU with a Companies House number of 13345796. It operates in the management consultancy activities other than financial management sector, SIC Code 70229. Founded in April 2021, it's largest shareholder is craig freeman with a 100% stake. Freemans Accountancy No 2 Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £160 with unknown growth in recent years.
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Freemans Accountancy No 2 Ltd Health Check
Pomanda's financial health check has awarded Freemans Accountancy No 2 Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
5 Weak
Size
annual sales of £160, make it smaller than the average company (£426.9k)
- Freemans Accountancy No 2 Ltd
£426.9k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Freemans Accountancy No 2 Ltd
- - Industry AVG
Production
with a gross margin of 58.8%, this company has a comparable cost of product (58.8%)
- Freemans Accountancy No 2 Ltd
58.8% - Industry AVG
Profitability
an operating margin of -3331.7% make it less profitable than the average company (8.5%)
- Freemans Accountancy No 2 Ltd
8.5% - Industry AVG
Employees
with 1 employees, this is below the industry average (4)
- Freemans Accountancy No 2 Ltd
4 - Industry AVG
Pay Structure
on an average salary of £49.1k, the company has an equivalent pay structure (£49.1k)
- Freemans Accountancy No 2 Ltd
£49.1k - Industry AVG
Efficiency
resulting in sales per employee of £160, this is less efficient (£116.8k)
- Freemans Accountancy No 2 Ltd
£116.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Freemans Accountancy No 2 Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 149 days, this is slower than average (25 days)
- Freemans Accountancy No 2 Ltd
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Freemans Accountancy No 2 Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 52 weeks, this is more cash available to meet short term requirements (27 weeks)
52 weeks - Freemans Accountancy No 2 Ltd
27 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (52.4%)
99.9% - Freemans Accountancy No 2 Ltd
52.4% - Industry AVG
FREEMANS ACCOUNTANCY NO 2 LTD financials
Freemans Accountancy No 2 Ltd's latest turnover from March 2024 is estimated at £160 and the company has net assets of £100. According to their latest financial statements, we estimate that Freemans Accountancy No 2 Ltd has 1 employee and maintains cash reserves of £145.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| 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 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | |||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | |||
| Stock & work in progress | |||
| Trade Debtors | |||
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 145,737 | 57,376 | 8,259 |
| misc current assets | |||
| total current assets | 145,737 | 57,376 | 8,259 |
| total assets | 145,737 | 57,376 | 8,259 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 27 | ||
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | 145,610 | 57,276 | 8,159 |
| total current liabilities | 145,637 | 57,276 | 8,159 |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 145,637 | 57,276 | 8,159 |
| net assets | 100 | 100 | 100 |
| total shareholders funds | 100 | 100 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | |||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | |||
| Creditors | 27 | ||
| Accruals and Deferred Income | 88,334 | 49,117 | 8,159 |
| Deferred Taxes & Provisions | |||
| 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 | 88,361 | 49,117 | 8,259 |
| overdraft | |||
| change in cash | 88,361 | 49,117 | 8,259 |
freemans accountancy no 2 ltd Credit Report and Business Information
Freemans Accountancy No 2 Ltd Competitor Analysis
Perform a competitor analysis for freemans accountancy no 2 ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other micro companies, companies in CF23 area or any other competitors across 12 key performance metrics.
freemans accountancy no 2 ltd Ownership
FREEMANS ACCOUNTANCY NO 2 LTD group structure
Freemans Accountancy No 2 Ltd has no subsidiary companies.
Ultimate parent company
FREEMANS ACCOUNTANCY NO 2 LTD
13345796
freemans accountancy no 2 ltd directors
Freemans Accountancy No 2 Ltd currently has 1 director, Mr Craig Freeman serving since Apr 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Craig Freeman | Wales | 54 years | Apr 2021 | - | Director |
P&L
March 2024turnover
160
0%
operating profit
-5.3k
0%
gross margin
58.8%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
100
0%
total assets
145.7k
+1.54%
cash
145.7k
+1.54%
net assets
Total assets minus all liabilities
Similar Companies
freemans accountancy no 2 ltd company details
company number
13345796
Type
Private limited with Share Capital
industry
70229 - Management consultancy activities (other than financial management)
incorporation date
April 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
freemans finance limited (April 2021)
accountant
-
auditor
-
address
regus house, malthouse avenue, cardiff gate b, cardiff, CF23 8RU
Bank
-
Legal Advisor
-
freemans accountancy no 2 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 freemans accountancy no 2 ltd.
freemans accountancy no 2 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.
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freemans accountancy no 2 ltd Companies House Filings - See Documents
| date | description | view/download |
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