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Freestones Coaches Limited

04706069

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

15 STATION LANE, NORWICH, NR9 3AY
Incorporated 20/03/2003

Compliance

Last accounts

31/03/2024

total exemption full

Next accounts due

30/03/2026

Overdue

Confirmation statement

Last: 04/03/2026

Due 18/03/2027

On track

Industry

49390
Other passenger land transport

Officers

Mr Matthew Huggins

director · Since 25/10/2024

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Persons with Significant Control

Mr Matthew Huggins

75–100% shares
75–100% votes
Appoint directors

British · United Kingdom · Age 33

15, Station Lane, Norwich, NR9 3AY

Notified 29/10/2024

Former PSCs

Mrs Gloria Iris May Feeke

Ceased 20/03/2019

Mr Alan George Huggins

Ceased 29/10/2024

CompanyRankvs 2833+ SIC 49390 peers
53

Financial strength13th percentile among SIC peers · 3/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.88× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength3/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/03/2025

Net Worth

-£4k

Balance sheet strength

Cash

£7k

Cash in the bank

Net Current Assets

-£19k

Working capital

Current Assets

£145k

Current Liabilities

£164k

Fixed Assets

£388k

Debtors

£132k

10avg. employees-1

Tax at Year End(2024)

Corp tax£41k

Balance Sheet

Bank loans & overdrafts£10k
Assets less current liabilities£369k
Prepared with Caseware UK (AP4) 2025.0.111

EstimatesDerived

YearCurrent RatioImplied Profit
20250.88-£486k
20242.58-£15k
20231.88

Derived from filed accounts. Not audited figures.