Freeola Limited in Braintree, CM7 5JY

Websites

Zoom

freeola.com

Zoom

www.freeola.com

Zoom

www.freeola.co.uk

Description

Data updated on: 01-11-2023

Freeola came into being in 2005 as a company enlisted under no 05335999, located at CM7 5JY Braintree at 94 Church Street. It has been in business for 19 years and its status at the time is active. It has been already 19 years since Freeola Limited is no longer featured under the name Fair Data. The enterprise's Standard Industrial Classification Code is 61900: Other telecommunications activities. The most recent filed accounts documents describe the period up to 2022-05-31 and the most recent confirmation statement was filed on 2023-01-18.

The trademark of Freeola is "FREEOLA". It was submitted in March, 2013 and its registration was completed by IPO in July, 2013. The corporation can use their trademark till March, 2023.

Taking into consideration the company's magnitude, it was vital to formally appoint additional executives: Timothy R. and Anthony R. who have been working together since 2018 to exercise independent judgement of the following firm. To provide support to the directors, this specific firm has been utilizing the skills of Diane M. as a secretary for the last 19 years.

Previous company's names
Freeola Limited 2005-05-06
Fair Data Limited 2005-01-18

Trade marks

Trademark UK00003001972

Trademark UK00003001972

Trademark image:	-
Trademark name:	FREEOLA
Status:	Registered
Filing date:	2013-03-20
Date of entry in register:	2013-07-26
Renewal date:	2023-03-20
Owner name:	Freeola Limited
Owner address:	92-102 East Street, Braintree, United Kingdom, CM7 3JW

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-05-31	2015-05-31	2016-05-31	2017-05-31	2018-05-31	2019-05-31	2020-05-31	2021-05-31	2022-05-31	2023-05-31
Currency
Net Worth	264 263	310 027

Balance Sheet
Cash Bank In Hand	521 554	173 401
Cash Bank On Hand		173 401	217 419	131 166	176 370	196 298	227 275	199 253	175 830	128 897
Current Assets	540 395	186 674	257 862	144 017	186 696	202 599	235 091	205 871	184 992	141 339
Debtors	17 194	11 613	38 662	11 223	8 782	4 910	6 750	5 521	7 823	11 241
Net Assets Liabilities		310 027	326 149	318 137	380 031	414 590	476 251	541 746	614 646	674 242
Net Assets Liabilities Including Pension Asset Liability	264 263	310 027
Other Debtors		6 435	500		1 315		1 350		500
Property Plant Equipment		91 942	108 713	649 065	652 009	668 617	718 674	687 138	770 863
Stocks Inventory	1 647	1 660
Tangible Fixed Assets	120 686	91 942
Total Inventories		1 660	1 781	1 628	1 544	1 391	1 066	1 097	1 339	1 201

Capital & Reserves
Called Up Share Capital	4 585	4 585
Profit Loss Account Reserve	259 678	305 442
Shareholder Funds	264 263	310 027

Other Financial Data
Audit Fees Expenses	2 850
Accounting Period Subsidiary	2 014	2 015
Accrued Liabilities Deferred Income			91 947	87 938	96 858	92 820	87 760	114 998	122 188	99 386
Accumulated Depreciation Impairment Property Plant Equipment		385 723	400 947	238 904	234 110	230 429	259 924	200 026	172 001	174 909
Adjustment For Prior Periods Leading To An Increase Decrease In Tax Charge	-628
Administrative Expenses	795 875	811 035	783 494
Applicable Tax Rate		20	20
Average Number Employees During Period			21	18	16	16	14	15	14	13
Bank Borrowings Overdrafts				271 919	255 685	16 800	16 800	16 800	16 800	11 130
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	16 039
Corporation Tax Payable					14		-2 016	1 006
Cost Sales	629 632	520 382	522 775
Creditors		186 108	254 315	271 919	255 685	239 245	222 179	127 742	96 678	206 041
Creditors Due Within One Year	610 367	186 108
Current Tax For Period		1 668
Debtors Due Within One Year	17 194	11 613
Depreciation Expense Property Plant Equipment		43 687	38 410
Depreciation Tangible Fixed Assets Expense	43 360	43 687
Difference Between Accumulated Depreciation Amortisation Capital Allowances	20 709	16 739
Disposals Decrease In Depreciation Impairment Property Plant Equipment			23 186	207 974	44 987	32 756	2 360	106 861	76 252	11 993
Disposals Investment Property Fair Value Model				234 250
Disposals Property Plant Equipment			51 467	209 836	71 560	57 863	82 026	106 861	171 375	137 933
Expenses Not Deductible For Tax Purposes	11 740
Fixed Assets	354 944	326 200	342 971	649 073	652 017	668 625	718 682	687 146	770 871	766 006
Gain Loss From Disposal Fixed Assets	10 335
Gross Profit Loss	864 416	841 431	790 601
Increase From Depreciation Charge For Year Property Plant Equipment			38 410	45 931	40 193	29 075	31 855	46 963	48 227	50 219
Interest Payable Similar Charges Finance Costs			133
Investment Property		234 250	234 250
Investment Property Fair Value Model		234 250	234 250
Investments Fixed Assets	8	8	8	8	8	8	8	8	8	8
Investments In Group Undertakings		8	8	8	8	8	8	8	8	8
Net Current Assets Liabilities	-69 972	566	3 547	-59 017	-16 301	-6 525	-2 514	1 496	-40 219	-64 702
Net Increase Decrease In Shareholders Funds	68 440
Number Shares Allotted		4 585
Operating Profit Loss	83 113	42 276	18 987
Other Borrowings	350 000
Other Creditors		99 782	1 200
Other Creditors Due Within One Year	469 957	99 782
Other Deferred Tax Expense Credit		-3 970	3 630
Other Interest Receivable Similar Income	2 904
Other Interest Receivable Similar Income Finance Income		1 186	898
Other Operating Income	14 572
Other Operating Income Format1		11 880	11 880
Other Taxation Social Security Payable		59 095	16 221	11 536	17 252	12 661	10 869	12 092	11 237	11 610
Par Value Share		1
Prepayments Accrued Income			6 830	6 942	5 067	4 910	5 400	5 521	7 323	11 241
Profit Loss		45 764	16 122
Profit Loss For Period	68 440
Profit Loss On Ordinary Activities Before Tax	86 017	43 462	19 752
Property Plant Equipment Gross Cost		477 665	509 660	887 969	886 119	899 046	978 598	887 164	942 864	940 907
Provisions Additional Amounts Provided		-3 970
Provisions For Liabilities Balance Sheet Subtotal		16 739	20 369			8 265	17 738	19 154	19 328	27 062
Provisions For Liabilities Charges	20 709	16 739
Recoverable Value-added Tax			26 798
Share Capital Allotted Called Up Paid	4 585	4 585
Standard Nominal Tax Rate	20
Tangible Fixed Assets Additions		31 852
Tangible Fixed Assets Cost Or Valuation	475 674	477 665
Tangible Fixed Assets Depreciation	354 988	385 723
Tangible Fixed Assets Depreciation Charged In Period		43 687
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		12 952
Tangible Fixed Assets Disposals		29 861
Taxation Social Security Due Within One Year	75 604	59 095
Tax Decrease Increase From Effect Revenue Exempt From Taxation		7 777
Tax Expense Credit Applicable Tax Rate		8 692	3 950
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		9 103	2 695
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	17 203
Tax On Profit Or Loss On Ordinary Activities	17 577
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-2 302	3 630
Total Additions Including From Business Combinations Property Plant Equipment			83 462	588 145	69 710	70 790	161 578	15 427	227 075	202
Total Assets Less Current Liabilities	284 972	326 766	346 518	590 056	635 716	662 100	716 168	688 642	730 652	701 304
Total U K Foreign Current Tax After Adjustments Relief	12 437
Trade Creditors Trade Payables		27 231	130 447	27 934	28 885	45 889	43 412	20 336	36 620	42 631
Trade Creditors Within One Year	64 806	27 231
Trade Debtors Trade Receivables		5 178	4 534	4 281	2 400
Turnover Gross Operating Revenue	1 494 048
Turnover Revenue		1 361 813	1 313 376
U K Current Corporation Tax	13 065
U K Deferred Tax	5 140
Director Remuneration Benefits Excluding Payments To Third Parties	102 128	93 509