FREEMAN'S CHOICE LTD Financials
- Company number
- 12527394CopyCopy
- Registered office
- Freeman's Choice Ltd Freeman’S Choice Ltd, Collingwood Buildings, 38 Collingwood Street,, Newcastle Upon Tyne NE1 1JF
- Incorporated
- 20/03/2020
Company snapshot
- Status
- Active
- Employees
- 0 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £15.57K
Total Assets
2024: £56.32K
Cash in Bank
2022: £18.75K
Total Liabilities
2022: £54.74K
Employees
2024: 10
In 2025, FREEMAN'S CHOICE LTD reported net assets of £-38.19K. The same filing shows total assets of £7.95K, cash in bank of £34.32K and total liabilities of £116.27K. Reported headcount was 0 in 2025. Total Liabilities rose from £54.74K in 2022 to £116.27K in 2023 (112.42%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures FREEMAN'S CHOICE LTD filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
Total Assets
-76.2% a year compound (CAGR)
Employees
Biggest decrease
Net Assets-292%
£19.92K in 2023 to £-38.19K in 2025
Every indicator Okredo holds for FREEMAN'S CHOICE LTD fell between 2023 and 2025. The steepest fall came in net assets, pointing to a weakening balance sheet, with total assets and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FREEMAN'S CHOICE LTD's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- -480.49%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 82.88%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 29.52%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 24.46%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FREEMAN'S CHOICE LTD by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 29.00 | 63.70K | 19.92K | 15.57K | -38.19K |
| Total Assets£ | 5.44K | 122.61K | 140.29K | 56.32K | 7.95K |
| Cash in Bank£ | – | 18.75K | 34.32K | – | – |
| Total Liabilities£ | 5.41K | 54.74K | 116.27K | – | – |
| Employees | 1 | 40 | 55 | 10 | 0 |
FREEMAN'S CHOICE LTD financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FREEMAN'S CHOICE LTD covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
FREEMAN'S CHOICE LTD reported net assets of £-38.19K for 2025. That compares with £15.57K in 2024, a change of -345.32%.
FREEMAN'S CHOICE LTD reported total assets of £7.95K for 2025. That compares with £56.32K in 2024, a change of -85.89%.
FREEMAN'S CHOICE LTD reported cash in bank of £34.32K for 2023. That compares with £18.75K in 2022, a change of 83.08%.
FREEMAN'S CHOICE LTD reported 0 employees in 2025, compared with 10 in 2024.
Between 2023 and 2025, FREEMAN'S CHOICE LTD's net assets fell by 292%, total assets fell by 94.3% and employee numbers fell by 100%. Total assets contracted at 76.2% a year across the two years to 2025, from £140.29K to £7.95K. Reported headcount went from 55 in 2023 to 0 in 2025 (-55).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.