Freedom Engineering Co Limited
00913144
Some Concerns
- Current liabilities exceed current assets (-10)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
30/06/2025
total exemption full
Next accounts due
30/11/2026
Confirmation statement
Last: 31/03/2025
Due 14/04/2026
Industry
Officers
director · Since 31/03/1991
ENGINEER
BRITISH · ENGLAND · Age 77
Also on 1 other board
Persons with Significant Control
Mr Michael John Freeman
British · England · Age 77
Rivendell, 25 Hall Park, North Ferriby, HU14 3NL
Notified 06/04/2016
Former PSCs
Mrs Andrea Margaret Freeman
Ceased 23/01/2026
Charges0 outstanding
NATIONAL WESTMINSTER BANK PLC
Insolvency History1 case
David Antony Willis (practitioner) · Mark David Hodgett (practitioner)
CompanyRankvs 30+ SIC 28150 peers71
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 30/06/2025
Net Worth
£493k
Balance sheet strength
Cash
£280k
Cash in the bank
Net Current Assets
£465k
Working capital
Current Assets
£541k
Current Liabilities
£76k
Fixed Assets
£35k
Debtors
£258k
Tax at Year End(2018)
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 7.15 | -£79k |
| 2024 | 5.54 | -£4k |
| 2023 | 6.27 | -£26k |
| 2022 | 6.35 | +£19k |
| 2021 | 6.01 | +£106k |
| 2020 | 4.06 | -£31k |
| 2019 | 2.96 | -£86k |
| 2018 | 3.78 | — |
Derived from filed accounts. Not audited figures.