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Freedom Brokers Ltd

10399389

liquidation
Private Limited Company
Companies House
Health Score
N/A

Details

BIZ SPACE, CHEADLE PLACE, CHEADLE, SK8 2JX
Incorporated 28/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

66220
Activities of insurance agents and brokers

Officers

Mrs Eleanor Mary Lumsdon

secretary · Since 28/09/2016

Miss Samantha Anne White

director · Since 28/09/2016

CHIEF EXECUTIVE

BRITISH · UNITED KINGDOM · Age 51

Also on 1 other board

Mr Matthew James Boswell

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Miss Chantel Cherelle Emilius

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 3 other boards

Mr Luke Mayor

director · Since 02/01/2024

DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 4 other boards

Mr David John Williams

director · Since 02/01/2024

NON-EXECUTIVE DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 6 other boards

Persons with Significant Control

Freedom Services Ltd

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

Biz Space, Cheadle Place, Stockport Road, Cheadle, SK8 2JX

Reg: 10643901 · Companies House · Private Limited Company

Notified 01/09/2018

Former PSCs

Miss Samantha Anne White

Ceased 01/09/2018

Charges1 outstanding

Charge
outstanding

GROWTH LENDING 2020 LIMITED

Created 07/04/2021Registered 08/04/2021
Charge
satisfied

METRO BANK PLC

Created 24/02/2021Registered 25/02/2021Satisfied 09/04/2021
Charge
satisfied

PONT FINANCE LIMITED

Created 09/09/2020Registered 11/09/2020Satisfied 25/02/2021
Charge
satisfied

PORT FINANCE LIMITED

Created 09/09/2020Registered 10/09/2020Satisfied 08/10/2020

CompanyRankvs 59800+ SIC 66220 peers
9

Financial strength0th percentile among SIC peers · 0/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.44× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees2/15 pts

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

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity10/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

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

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to Note 1.2 in the financial statements, which indicates that the group is currently experiencing a period of low liquidity, has received a notice of legal proceeding against them

Key FinancialsYear ending 31/12/2023

Net Worth

-£937k

Balance sheet strength

Cash

£18k

Cash in the bank

Profit Before Tax

-£2.0M

Bottom line earnings

Net Current Assets

-£2.6M

Working capital

Current Assets

£2.0M

Current Liabilities

£4.6M

Fixed Assets

£1.8M

Debtors

£1.2M

Cost of Sales

£5.7M

Admin Expenses

£3.8M

Profit After Tax

-£1.2M

0avg. employees

Balance Sheet

Intangible assets£1.8M
Assets less current liabilities-£769k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20230.44-£1.2M
20220.47+£104k
20191.25

Derived from filed accounts. Not audited figures.