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Freeplus Limited

02129658

active
Private Limited Company
england wales
Companies House
Health Score
67 / 100

Some Concerns

25/30
Filing
10/30
Financial
32/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

405 LIVERPOOL ROAD, MANCHESTER, M30 7HB
Incorporated 08/05/1987

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 31/12/2025

Due 14/01/2027

On track

Industry

68201
Renting and operating of Housing Association real estate

Officers

Mr Philip Vincent Morris

director · Since 18/02/1991

JOINER

BRITISH · ENGLAND · Age 68

Also on 1 other board

Brian William O'Neill

director · Since 18/02/1991

JOINER

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Brian William O'Neill

secretary · Since 01/04/1996

BRITISH · UNITED KINGDOM · Age 66

Also on 5 other boards

Persons with Significant Control

Mr Brian William O'Neill

25–50% shares
25–50% votes

British · United Kingdom · Age 66

3 Greenbank Avenue, Swinton, Manchester, M27 0GB

Notified 06/04/2016

Charges4 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 23/06/1994Registered 04/07/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 25/02/1994Registered 16/03/1994
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 30/04/1992Registered 18/05/1992
charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 19/01/1989Registered 27/01/1989

CompanyRankvs 1186+ SIC 68201 peers
62

Financial strength40th percentile among SIC peers · 10/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 15.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength10/25 pts

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

Employees12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/10/2024

Net Worth

£100

Balance sheet strength

Cash

£131k

Cash in the bank

Net Current Assets

£137k

Working capital

Current Assets

£147k

Current Liabilities

£9k

Fixed Assets

£147k

Debtors

£16k

2avg. employees

Balance Sheet

Assets less current liabilities£284k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
202415.61
202313.55
202212.35
202111.80
20207.72
20197.26
20184.69

Derived from filed accounts. Not audited figures.