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Freedom Wines Limited

09249741

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

SUITE 3 ST LOYES HOUSE, BEDFORD, MK40 1ZL
Incorporated 06/10/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47250
Retail sale of beverages in specialised stores

Officers

Mr Alex Kapadia

director · Since 06/10/2014

RETAILER

BRITISH · UNITED KINGDOM · Age 46

Also on 2 other boards

Persons with Significant Control

Mr Alex Kapadia

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

British · United Kingdom · Age 46

Suite 3, St Loyes House, Bedford, MK40 1ZL

Notified 06/10/2016

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2019Registered 11/11/2019

CompanyRankvs 70+ SIC 47250 peers
76

Financial strength98th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.01× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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.

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

£754k

Balance sheet strength

Cash

£740k

Cash in the bank

Net Current Assets

£608k

Working capital

Current Assets

£1.2M

Current Liabilities

£604k

Fixed Assets

£221k

Debtors

£198k

20avg. employees+3

Tax at Year End(2022)

Corp tax£27k

Balance Sheet

Assets less current liabilities£829k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
20242.01+£105k
20232.35+£53k
20222.63+£110k
20212.75+£146k
20201.76
20191.55
20181.37

Derived from filed accounts. Not audited figures.