Freewall Systems Limited in Billingshurst, RH14 9SJ

Description

Data updated on: 01-11-2023

This Freewall Systems Limited company has been in this business field for at least 23 years, as it's been founded in 2001. Started with Companies House Reg No. 04186883, Freewall Systems was set up as a Private Limited Company with office in Freewall Systems Ltd, Billingshurst RH14 9SJ. The company currently known as Freewall Systems Limited, was previously listed as Direct Racking. The transformation has occurred in Fri, 7th Mar 2014. This enterprise's SIC and NACE codes are 43999 which stands for Other specialised construction activities not elsewhere classified. 2022-03-31 is the last time account status updates were reported.

That company owes its accomplishments and constant development to a group of two directors, specifically Mark H. and Gavin H., who have been leading the company since April 2001. In addition, the managing director's responsibilities are regularly backed by a secretary - Gavin H., who was selected by this specific company 21 years ago.

Previous company's names
Freewall Systems Limited 2014-03-07
Direct Racking Limited 2001-03-26

Financial data based on annual reports

Profit & Loss
Date of Accounts	2015-03-31	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency
Net Worth	657 521	812 540

Balance Sheet
Cash Bank On Hand		354 495	985 078	1 129 751	1 488 924	289 152	352 149	284 486	235 350
Current Assets	943 550	1 117 243	1 353 634	1 495 825	1 926 544	708 073	860 335	1 177 440	725 941
Debtors	371 701	625 631	223 794	237 325	257 851	222 681	359 417	764 629	347 380
Net Assets Liabilities		812 541	1 192 482	1 359 750	1 689 750	544 432	719 095	917 091	602 805
Property Plant Equipment		79 651	61 258	49 840	47 919	37 249	58 900	17 741
Total Inventories		137 117	144 762	128 749	179 769	196 240	148 769	128 325	143 211
Cash Bank In Hand	431 794	354 495
Other Debtors							7 808	119 707	17 394
Stocks Inventory	140 055	137 117
Tangible Fixed Assets	22 674	79 651

Capital & Reserves
Called Up Share Capital	100	100
Profit Loss Account Reserve	657 421	812 440
Shareholder Funds	657 521	812 540

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment		34 217	55 132	72 834	79 039	94 168	96 508	90 521	59 021
Additions Other Than Through Business Combinations Property Plant Equipment			2 522	6 915	21 284	4 462	47 211
Average Number Employees During Period		18	18	14	16	15	13	13	14
Creditors		384 353	227 848	193 759	291 472	207 448	200 140	274 719	215 833
Depreciation Expense Property Plant Equipment		26 681	20 914	18 037	17 826	15 131	20 052
Disposals Decrease In Depreciation Impairment Property Plant Equipment				-335	-11 621	-3	-17 710	16 007	49 143
Disposals Property Plant Equipment				-631	-17 000	-3	-23 220	47 146	54 610
Increase From Depreciation Charge For Year Property Plant Equipment			20 915	18 037	17 826	15 132	20 051	10 020	17 643
Net Current Assets Liabilities	634 847	732 889	1 131 224	1 309 910	1 641 831	507 183	660 195	902 721	510 108
Other Inventories		137 117	144 762	128 749	179 769	196 240	148 769
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal		5 467	5 438	7 844	6 759	6 558	6 880
Property Plant Equipment Gross Cost		113 868	116 390	122 674	126 958	131 417	155 408	108 262	182 617
Amounts Owed By Group Undertakings								200 000	58 998
Creditors Due Within One Year	308 703	384 354
Number Shares Allotted		100
Other Creditors							5 274	123 639	13 109
Other Taxation Social Security Payable							157 758	119 785	111 023
Par Value Share		1
Provisions For Liabilities Balance Sheet Subtotal								3 371	30 899
Tangible Fixed Assets Additions		83 657
Tangible Fixed Assets Cost Or Valuation	30 211	113 868
Tangible Fixed Assets Depreciation	7 537	34 217
Tangible Fixed Assets Depreciation Charged In Period		26 680
Total Additions Including From Business Combinations Property Plant Equipment									128 965
Total Assets Less Current Liabilities	657 521	812 540					719 095	920 462	633 704
Trade Creditors Trade Payables							37 108	31 295	91 701
Trade Debtors Trade Receivables							351 609	444 922	270 988
Value Shares Allotted	100	100