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Thefreemac Ltd

13389166

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

15 PENDREA ROAD, PENZANCE, TR18 3ND
Incorporated 11/05/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62020
Information technology consultancy activities

Officers

Mr Simon Jon Elliott

director · Since 11/05/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 57

Also on 2 other boards

Persons with Significant Control

Mr Simon Jon Elliott

75–100% shares

British · United Kingdom · Age 57

15, Pendrea Road, Penzance, TR18 3ND

Notified 11/05/2021

CompanyRankvs 94791+ SIC 62020 peers
53

Financial strength51th percentile among SIC peers · 13/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio Infinity× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
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94791Thefreemac Ltd
33
How is this score calculated?
Financial strength13/25 pts

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

Employees0/15 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.

Longevity5/15 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 31/05/2025

Turnover

£130

Annual revenue

Net Worth

£3k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£158

Working capital

Current Assets

£158

Current Liabilities

£0

Fixed Assets

£3k

Profit After Tax

-£2k

Balance Sheet

Depreciation£1k
Assets less current liabilities£3k
Signed by 1.6.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
2025Infinity-£270
20240.20+£474
2023Infinity-£9k
20221.15—

Derived from filed accounts. Not audited figures.