Back to search

Freeworld Solutions Limited

08954782

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

116-118 OLDHAM ROAD, MANCHESTER, M4 6AG
Incorporated 24/03/2014

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 24/03/2026

Due 07/04/2027

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Paul Liburd

secretary · Since 24/03/2014

Mr Paul Leonard Liburd

director · Since 24/03/2014

DIRECTOR

BRITISH · UNITED KINGDOM · Age 46

Also on 14 other boards

Persons with Significant Control

Mr Paul Leonard Liburd

75–100% shares

British · United Kingdom · Age 46

116-118, Oldham Road, Manchester, M4 6AG

Notified 06/04/2016

CompanyRankvs 44403+ SIC 47910 peers
45

Financial strength14th percentile among SIC peers · 4/25
Employees54th percentile among SIC peers · 8/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength4/25 pts

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

Employees8/15 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.

Longevity12/15 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 30/09/2024

Net Worth

-£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£2k

Working capital

Current Assets

£27k

Current Liabilities

£30k

Fixed Assets

£1k

1avg. employees

Balance Sheet

Assets less current liabilities-£911
Prepared with BTCSoftware AP Solution 2024 11.1.03

EstimatesDerived

YearCurrent RatioImplied Profit
20240.92+£7k
20230.50+£6k
20220.26+£15k
20210.49-£32k
20200.39-£475
20190.15

Derived from filed accounts. Not audited figures.