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William Freer Limited

00229334

active
Private Limited Company
england wales
Companies House
Health Score
55 / 100

Notable Risks

25/30
Filing
0/30
Financial
30/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 6 outstanding charges (-10)

Details

360 MELTON ROAD, LEICESTER, LE4 7SL
Incorporated 31/03/1928

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 25/05/2026

Due 08/06/2027

On track

Industry

33120
Repair of machinery

Officers

Mr Richard William Freer

director · Since 26/02/1992

GENERAL MANAGER

BRITISH · ENGLAND · Age 63

Also on 23 other boards

Mr Richard William Freer

secretary · Since 03/09/1996

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 23 other boards

Gavin Karl Whitehead Smith

director · Since 01/07/2023

OPERATIONS DRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Richard William Freer

50–75% shares
50–75% votes

British · England · Age 63

360 Melton Road, Leicester, LE4 7SL

Notified 06/04/2016

Charges6 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 12/12/2018Registered 18/12/2018
charge
outstanding

BARCLAYS BANK PLC

Created 29/03/1993Registered 06/04/1993
charge
outstanding

BARCLAYS BANK PLC

Created 09/04/1992Registered 23/04/1992
charge
satisfied

BARCLAYS BANK PLC

Created 03/07/1991Registered 16/07/1991Satisfied 19/09/2014
charge
outstanding

BARCLAYS BANK PLC

Created 07/03/1991Registered 21/03/1991
charge
satisfied

BARCLAYS BANK PLC

Created 07/03/1991Registered 21/03/1991Satisfied 19/09/2014
charge
satisfied

BARCLAYS BANK PLC

Created 07/03/1991Registered 21/03/1991Satisfied 19/09/2014
charge
outstanding

BARCLAYS BANK PLC

Created 07/03/1991Registered 21/03/1991
charge
outstanding

BARCLAYS BANK PLC

Created 07/03/1991Registered 21/03/1991
charge
satisfied

MIDLAND BANK PLC

Created 14/01/1991Registered 17/01/1991Satisfied 02/08/1991

CompanyRankvs 15+ SIC 33120 peers
70

Financial strength100th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 4.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Net Worth

£6.6M

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

£1.6M

Working capital

Current Assets

£2.1M

Current Liabilities

£461k

Fixed Assets

£5.7M

Debtors

£1.8M

Profit After Tax

£77k

109avg. employees+7

Tax at Year End

Corp tax£3k

Balance Sheet

Bank loans & overdrafts£50k
Assets less current liabilities£7.3M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20244.47+£515k
20232.78+£224k
20223.55+£219k
20213.41+£65k
20202.44+£20k£3.9M
20192.43-£86k£2.2M
20182.41+£282k
20174.13

Derived from filed accounts. Not audited figures.