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Freedom Convenience Ltd

10949141

active
Private Limited Company
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

SUITE 3 ST LOYES HOUSE, BEDFORD, MK40 1ZL
Incorporated 06/09/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47110
Retail sale in non-specialised stores with food, beverages or tobacco predominating

Officers

Mr Alex Kapadia

director · Since 06/09/2017

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 06/09/2017

Charges1 outstanding

Charge
outstanding

IWOCA SKYE FINANCE LTD

Created 18/03/2021Registered 01/04/2021

CompanyRankvs 864+ SIC 47110 peers
72

Financial strength96th percentile among SIC peers · 24/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.03× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity9/15 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 30/09/2024

Net Worth

£299k

Balance sheet strength

Cash

£562k

Cash in the bank

Net Current Assets

£374k

Working capital

Current Assets

£738k

Current Liabilities

£364k

Fixed Assets

£169k

Debtors

£31k

15avg. employees-2

Tax at Year End(2021)

Corp tax£25k

Balance Sheet

Intangible assets£69k
Assets less current liabilities£542k
Prepared with BTCSoftware AP Solution 2024 11.2.01

EstimatesDerived

YearCurrent RatioImplied Profit
20242.03-£14k
20232.29+£22k
20222.63+£75k
20215.09+£78k
20200.89+£121k
20190.53
20180.37

Derived from filed accounts. Not audited figures.