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Freedom Way Healthcare Limited

09315788

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

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

Details

26 GANTON ROAD, WALSALL, WS3 3XQ
Incorporated 18/11/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86101
Hospital activities

Officers

Mr Ezra Volo Sibanda

director · Since 18/11/2014

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 54

Also on 2 other boards

Mrs Sithembile Eugenia Sibanda

director · Since 31/08/2020

NURSE

BRITISH · ENGLAND · Age 49

Also on 1 other board

Persons with Significant Control

Mr Ezra Volo Sibanda

25–50% shares
25–50% votes
Appoint directors

British · England · Age 54

26, Ganton Road, Walsall, WS3 3XQ

Notified 06/04/2016

Mrs Sithembile Eugenia Sibanda

25–50% shares
25–50% votes
Appoint directors

British · England · Age 49

26, Ganton Road, Walsall, WS3 3XQ

Notified 01/08/2023

CompanyRankvs 775+ SIC 86101 peers
77

Financial strength73th percentile among SIC peers · 18/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.6× · 20/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 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.

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 30/11/2024

Net Worth

£12k

Balance sheet strength

Cash

£519

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£16k

Current Liabilities

£5k

Fixed Assets

£5k

Debtors

£16k

2avg. employees

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities£17k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20243.60+£1k
20232.35+£4k
20222.13+£3k
20212.83+£2k
20203.07+£555
20191.17-£840
20181.42

Derived from filed accounts. Not audited figures.