Other research and experimental development on natural sciences and engineering
Registered Address
castleforbes house, mayor street, dublin 1 dublin ireland
Website
-
freedom topco limitedEstimated Valuation
€421.2m
Pomanda estimates the enterprise value of Freedom Topco LIMITED at €421.2m based on a Turnover of €139m and 3.03x industry multiple (adjusted for size and gross margin).
freedom topco limitedEstimated Valuation
€286.2m
Pomanda estimates the enterprise value of Freedom Topco LIMITED at €286.2m based on an EBITDA of €20.2m and a 14.15x industry multiple (adjusted for size and gross margin).
freedom topco limitedEstimated Valuation
€0
Pomanda estimates the enterprise value of Freedom Topco LIMITED at €0 based on Net Assets of €-456.5m and 1.75x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Freedom Topco LimitedOverview
Freedom Topco Limited is a live company located in mayor street. It operates in the other research and experimental development on natural sciences and engineering sector, SIC Code 72190. Founded in October 2020, it's largest shareholder is
freedom lux jv s.a.r.l
with a 82.9% stake. Freedom Topco Limited is a young,
mega sized company, Pomanda has estimated its turnover at
€139m with
unknown
growth in recent years.
Pomanda's financial health check has awarded Freedom Topco 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
Health Rating3out of 5
4 Strong
1 Regular
5 Weak
Size
annual sales of €139m, make it larger than the average company (€4.4m)
€139m - Freedom Topco Limited
€4.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - Freedom Topco Limited
- - Industry AVG
Production
with a gross margin of 77%, this company has a lower cost of product (49.8%)
77% - Freedom Topco Limited
49.8% - Industry AVG
Profitability
an operating margin of -13.3% make it less profitable than the average company (3.3%)
-13.3% - Freedom Topco Limited
3.3% - Industry AVG
Employees
with 625 employees, this is above the industry average (42)
625 - Freedom Topco Limited
42 - Industry AVG
Pay Structure
on an average salary of €141.8k, the company has a higher pay structure (€60.7k)
€141.8k - Freedom Topco Limited
€60.7k - Industry AVG
Efficiency
resulting in sales per employee of €222.4k, this is more efficient (€118.8k)
€222.4k - Freedom Topco Limited
€118.8k - Industry AVG
Debtor Days
it gets paid by customers after 105 days, this is later than average (53 days)
105 days - Freedom Topco Limited
53 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is close to average (40 days)
40 days - Freedom Topco Limited
40 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Freedom Topco Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 18 weeks, this is less cash available to meet short term requirements (38 weeks)
18 weeks - Freedom Topco Limited
38 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 140.8%, this is a higher level of debt than the average (38.6%)
140.8% - Freedom Topco Limited
38.6% - Industry AVG
Freedom Topco LIMITED financials
EXPORT
Freedom Topco Limited's latest turnover from March 2024 is €139 million and the company has net assets of -€456.5 million. According to their latest financial statements, Freedom Topco Limited has 625 employees and maintains cash reserves of €35.9 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Turnover
139,018,000
137,985,000
77,848,000
Other Income Or Grants
Cost Of Sales
32,048,000
53,418,000
38,498,000
Gross Profit
106,970,000
84,567,000
39,350,000
Admin Expenses
125,531,000
120,227,000
89,814,000
Operating Profit
-18,561,000
-35,660,000
-50,464,000
Interest Payable
154,951,000
135,261,000
82,343,000
Interest Receivable
836,000
1,825,000
Pre-Tax Profit
-172,676,000
-169,096,000
-132,807,000
Tax
2,501,000
4,003,000
2,125,000
Profit After Tax
-170,175,000
-165,093,000
-130,682,000
Dividends Paid
Retained Profit
-170,175,000
-165,093,000
-130,682,000
Employee Costs
88,632,000
82,335,000
42,826,000
Number Of Employees
625
663
563
EBITDA*
20,227,000
1,741,000
-28,080,000
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Tangible Assets
12,814,000
12,520,000
12,486,000
Intangible Assets
1,018,338,000
1,038,976,000
1,004,232,000
Investments & Other
6,691,000
8,581,000
6,722,000
Debtors (Due After 1 year)
5,820,000
3,406,000
3,007,000
Total Fixed Assets
1,031,152,000
1,051,496,000
1,016,718,000
Stock & work in progress
Trade Debtors
40,010,000
30,697,000
22,333,000
Group Debtors
Misc Debtors
12,869,000
9,552,000
13,364,000
Cash
35,944,000
27,478,000
29,910,000
misc current assets
total current assets
88,823,000
67,727,000
65,607,000
total assets
1,119,975,000
1,119,223,000
1,082,325,000
Bank overdraft
Bank loan
Trade Creditors
3,578,000
4,166,000
4,793,000
Group/Directors Accounts
other short term finances
hp & lease commitments
1,281,000
1,486,000
1,471,000
other current liabilities
95,354,000
71,905,000
56,309,000
total current liabilities
100,213,000
77,557,000
62,573,000
loans
1,715,190,000
1,531,750,000
1,276,618,000
hp & lease commitments
1,247,000
1,957,000
773,000
Accruals and Deferred Income
other liabilities
31,855,000
31,539,000
25,140,000
provisions
56,162,000
64,398,000
67,500,000
total long term liabilities
1,476,295,000
1,328,509,000
1,141,559,000
total liabilities
1,576,508,000
1,406,066,000
1,204,132,000
net assets
-456,533,000
-286,843,000
-121,807,000
total shareholders funds
-456,533,000
-286,843,000
-121,807,000
Mar 2024
Mar 2023
Mar 2022
Operating Activities
Operating Profit
-18,561,000
-35,660,000
-50,464,000
Depreciation
1,848,000
2,376,000
1,489,000
Amortisation
36,940,000
35,025,000
20,895,000
Tax
2,501,000
4,003,000
2,125,000
Stock
Debtors
15,044,000
4,951,000
38,704,000
Creditors
-588,000
-627,000
4,793,000
Accruals and Deferred Income
23,449,000
15,596,000
56,309,000
Deferred Taxes & Provisions
-8,236,000
-3,102,000
67,500,000
Cash flow from operations
22,309,000
12,660,000
63,943,000
Investing Activities
capital expenditure
-18,444,000
-72,179,000
-1,039,102,000
Change in Investments
-1,890,000
1,859,000
6,722,000
cash flow from investments
-16,554,000
-74,038,000
-1,045,824,000
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
183,440,000
255,132,000
1,276,618,000
Hire Purchase and Lease Commitments
-915,000
1,199,000
2,244,000
other long term liabilities
316,000
6,399,000
25,140,000
share issue
485,000
57,000
8,875,000
interest
-154,115,000
-133,436,000
-82,343,000
cash flow from financing
29,211,000
129,351,000
1,230,534,000
cash and cash equivalents
cash
8,466,000
-2,432,000
29,910,000
overdraft
change in cash
8,466,000
-2,432,000
29,910,000
freedom topco limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for freedom topco limited. Get real-time insights into freedom topco limited's credit score, group structure and payment trends.
Perform a competitor analysis for freedom topco limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in Region Area area or any other competitors across 12 key performance metrics.
freedom topco limited Ownership
Freedom Topco LIMITED group structure
Freedom Topco Limited has no subsidiary companies.
Ultimate parent company
Freedom Topco LIMITED
IE679933
Freedom Topco LIMITED Shareholders
The largest shareholders in Freedom Topco Limited include Freedom Lux Jv S.A.R.L and Fenergo Nominees Limited.
freedom lux jv s.a.r.l
82.92%
fenergo nominees limited
7.68%
jems murphy limited
5.97%
bouleo ventures limited
2.57%
freedom lux jv s.a.r.l.
0.84%
freedom topco limited
0.02%
freedom topco limited directors
Freedom Topco Limited currently has 15 directors.
The longest serving directors include
Darren Scott Cassidy (Apr 2021) and
David Benjamin Christophe Nicault (Apr 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024
net assets
-456.5m
+0.59%
total assets
1.1b
0%
cash
35.9m
+0.31%
net assets
Total assets minus all liabilities
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freedom topco limited company details
company number
IE679933
Type
LTD - PRIVATE COMPANY LIMITED BY SHARES
industry
72190 - Other research and experimental development on natural sciences and engineering
incorporation date
October 2020
age
5
incorporated
IE
ultimate parent company
None
accounts
Group
last accounts submitted
March 2024
previous names
hearcour limited (October 2020)
accountant
-
auditor
KPMG
address
castleforbes house, mayor street, dublin 1 dublin ireland
Bank
BANK OF IRELAND
Legal Advisor
WILLIAM FRY
freedom topco 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 freedom topco limited.
freedom topco 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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freedom topco limitedCompanies House Filings - See Documents
