How much does Freedom Brokers Ltd make?

Freedom Brokers Ltd reported revenue of £8.4m and a loss of £1.2m in the year to 31 Dec 2023, according to its accounts filed at Companies House.

How many employees does Freedom Brokers Ltd have?

Freedom Brokers Ltd reported an average of 0 employees in the year to 31 Dec 2023.

Is Freedom Brokers Ltd profitable?

No — Freedom Brokers Ltd reported a loss of £1.2m in the year to 31 Dec 2023.

Company No. 10399389 · Incorporated 28 Sep 2016

Freedom Brokers Ltd

Registered name: FREEDOM BROKERS LTD

Part of Freedom Services Group Limited group

Freedom Brokers Ltd made £8.4m revenue and a £1.2m loss in the year to 31 Dec 2023. read from filing text

Freedom Brokers Ltd’s revenue fell 6% to £8.4m in the year to 31 Dec 2023, with a loss of £1.2m and 0 employees. The company is classified under “activities of insurance agents and brokers” and is based in Cheadle; we hold 2 years of its filed accounts.

Full P&L filedSection K · Financial and insurance activitiesSIC 66220Activities of insurance agents and brokers

Status: Liquidation
Location: Cheadle, North West
Age: 10 yrs · since 2016
Type: Private Limited Company

Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “Freedom Services Limited is the immediate parent company. The company's ultimate parent company is Freedom Services Group Limited. Its registered office address is Biz Space, Cheadle Place, Stockport ”

Latest accounts · year to 31 Dec 2023

Key figures

Small team

Revenue

£8.4m

Growth ▼6.2%

Profit

−£1.2m

Growth —

Profit margin

−13.8%

Gross 32.1%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2022	31 Dec 2023
Disclosure	Full P&Lread from filing text	Full P&Lread from filing text
Profit & loss
Revenue (turnover)	£8.9m	£8.4m
Cost of sales	£4.2m	£5.7m
Gross profit	£4.7m	£2.7m
Operating profit	−£345k	−£2.1m
Profit before tax	−£338k	−£2m
Profit after tax	−£348k	−£1.2m
Profit (best available)	−£348k	−£1.2m
Employees (average)	0	0
Ratios
Profit margin	−3.9%	−13.8%
Gross margin	52.4%	32.1%
Growth (year on year)
Revenue growth	—	▼6.2%
Balance sheet — indirect signals, not revenue
Cash at bank	£890k	£18.3k
Net assets	£217k	−£937k
Fixed assets	£2.7m	£1.8m
Current assets	£2.1m	£2m
Debtors	£770k	£200k
Deferred income	£367k	£225k
Source	FullAccounts · bulk data Dec 2024	FullAccounts · bulk data Dec 2024

Derived from the latest filing

How the business works

Profit margin: −13.8%; Profit ÷ revenue.
Gross margin: 32.1%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 21.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 2.7%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 2.4%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▼531%; Now −£937k
Cash at bank: ▼98%; Now £18.3k
Headcount: —; Now 0
Deferred income: ▼39%; Now £225k
Fixed assets: ▼33%; Now £1.8m

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Freedom Services Group Limitedultimate parent75–100%
Freedom Services Limited75–100%
Freedom Brokers Ltdthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (1)

Action 365 LtdIn AdministrationRev. £12.7m · Profit £2.1m

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Dec 2023 (profit −£1.2m), from the Companies House accounts bulk data published Dec 2024. 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.