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William Freer Limited

00229334

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-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: 25/05/2025

Due 08/06/2026

On track

Industry

33120
Repair of machinery

Officers

Richard William Freer

secretary · Since 03/09/1996

British

Richard William Freer

director · Since 26/02/1992

British

Gavin Karl Whitehead Smith

director · Since 01/07/2023

British

Former

Richard William Kiziak

secretary · Resigned 31/08/1996

Nigel Alastair Moult

secretary · Resigned 20/07/1993

John Ball

director · Resigned 30/08/1996

William Richard Freer

director · Resigned 29/06/1997

Roy Anthony Gayton

director · Resigned 30/06/1997

Michael Charles Leslie Hall

director · Resigned 30/11/2005

Richard William Kiziak

director · Resigned 31/08/1996

John Kibert Mclauchlan

director · Resigned 31/12/1992

Nigel Alastair Moult

director · Resigned 20/07/1993

Maurice Ruck

director · Resigned 06/01/1993

Mark John Whitehead

director · Resigned 01/12/2023

CompanyRankvs 105+ SIC 33120 peers
80

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 -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

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 Profit
20244.47+£515k
20232.78+£724k
20174.13—

Derived from filed accounts. Not audited figures.