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Freewebstore Ltd

06713528

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

6 SLATER TERRACE, BURNLEY, BB11 1BU
Incorporated 02/10/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62012
Business and domestic software development

Officers

Mr Martin Hermansen

secretary · Since 02/10/2008

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mr Martin Hermansen

director · Since 02/10/2008

SOFTWARE DEVELOPER

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Mrs Hailey Hermansen

director · Since 17/06/2021

DIRECTOR

BRITISH · ENGLAND · Age 46

Persons with Significant Control

Mr Martin Hermansen

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

British · United Kingdom · Age 46

6, Slater Terrace, Burnley, BB11 1BU

Notified 06/04/2016

CompanyRankvs 969+ SIC 62012 peers
86

Financial strength87th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.22× · 20/20
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 strength22/25 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.

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.

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

Key FinancialsYear ending 28/02/2025

Net Worth

£110k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£103k

Working capital

Current Assets

£117k

Current Liabilities

£28k

Fixed Assets

£19k

5avg. employees-2

Balance Sheet

Assets less current liabilities£121k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20254.22+£2k
20243.54-£9k
20234.27-£23k
20224.15-£14k
20213.72+£74k
20204.20+£2k
20194.25

Derived from filed accounts. Not audited figures.