Freestart Public Limited Company
Registered name: FREESTART PUBLIC LIMITED COMPANY
Freestart Public Limited Company made £2.6m revenue and a £548 loss in the year to 30 Nov 2025. read from filing text
Freestart Public Limited Company’s revenue fell 7% to £2.6m in the year to 30 Nov 2025, with a loss of £548 and 48 employees. The company is classified under “other information technology service activities” and is based in Wigan; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Wigan, North West
- Age
- 27 yrs · since 1999
- Type
- Public Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 Nov 2022 | 30 Nov 2023 | 30 Nov 2024 | 30 Nov 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text |
| Profit & loss | ||||
| Revenue (turnover) | £2.6m | £2.9m | £2.8m | £2.6m |
| Cost of sales | £458k | £472k | £487k | £471k |
| Gross profit | £2.1m | £2.4m | £2.3m | £2.2m |
| Operating profit | £79.6k | £212k | £30.5k | −£3.3k |
| Profit before tax | £75.8k | £213k | £36k | £1.3k |
| Profit after tax | £60.6k | £163k | £29.4k | −£548 |
| Profit (best available) | £60.6k | £163k | £29.4k | −£548 |
| Staff costs | £1.5m | £1.6m | £1.6m | £1.6m |
| Employees (average) | 55 | 48 | 48 | 48 |
| Ratios | ||||
| Profit margin | 2.3% | 5.6% | 1% | 0% |
| Gross margin | 82.3% | 83.8% | 82.8% | 82.2% |
| Revenue per employee | £47.1k | £60.8k | £58.9k | £54.9k |
| Profit per employee | £1.1k | £3.4k | £612 | −£11 |
| Cash conversion | −107.9% | −115.4% | −97.3% | — |
| Growth (year on year) | ||||
| Revenue growth | — | ▲12.6% | ▼3.2% | ▼6.7% |
| Profit growth | — | ▲169.1% | ▼82% | ▼101.9% |
| Headcount growth | — | ▼12.7% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £382k | £136k | £596k | £398k |
| Net assets | £791k | £934k | £464k | £442k |
| Fixed assets | £639k | £666k | £99.1k | £91k |
| Current assets | £488k | £803k | £647k | £604k |
| Debtors | £46.4k | £24.9k | £17.4k | £14.9k |
| Deferred income | — | — | £9.6k | £10.8k |
| Cash from operations | −£86k | −£244k | −£29.6k | £8.2k |
| Source | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2024 | FullAccounts · bulk data May 2025 | FullAccounts · bulk data May 2026 |
How the business works
- Profit margin
- 0%
- Profit ÷ revenue.
- Gross margin
- 82.2%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £54.9k
- Revenue ÷ average employees.
- Profit per employee
- −£11
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 3.5%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.4%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.6%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼5%
- Now £442k
- Cash at bank
- ▼33%
- Now £398k
- Headcount
- 0%
- Now 48
- Deferred income
- ▲13%
- Now £10.8k
- Fixed assets
- ▼8%
- Now £91k
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
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Sources
Latest figures from FullAccounts for the year to 30 Nov 2025 (profit −£548), from the Companies House accounts bulk data published May 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.