Back to search

Freeman Systems Limited

15176578

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

UNIT 4 PARK STREET, STOURBRIDGE, DY9 8SS
Incorporated 30/09/2023

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

24420
Aluminium production
25120
Manufacture of doors and windows of metal

Officers

Mr Luke Mark Freeman

director · Since 30/09/2023

SUPERVISOR

BRITISH · UNITED KINGDOM · Age 41

Mrs Amy Freeman

director · Since 30/09/2025

BRITISH · ENGLAND · Age 37

Mr David Hodgetts

director · Since 30/09/2025

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Mr Luke Mark Freeman

50–75% shares
50–75% votes

British · United Kingdom · Age 41

Unit 4, Park Street, Stourbridge, DY9 8SS

Notified 30/09/2023

Former PSCs

Mr Mark Anthony Freeman

Ceased 01/10/2024

CompanyRankvs 82+ SIC 24420 peers
52

Financial strength68th percentile among SIC peers · 17/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.9× · 6/20
Longevity3 years trading (max 15) · 3/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength17/25 pts

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

Employees11/15 pts

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

Liquidity6/20 pts

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

Longevity3/15 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 30/09/2024

Net Worth

£100k

Balance sheet strength

Cash

£152k

Cash in the bank

Net Current Assets

-£33k

Working capital

Current Assets

£284k

Current Liabilities

£317k

Fixed Assets

£133k

Debtors

£132k

6avg. employees

Balance Sheet

Assets less current liabilities£100k
Signed by Mr Luke Freeman Mr Mark Freeman 06/06/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.90

Derived from filed accounts. Not audited figures.