John Freeman (sales) Limited

John Freeman Sales Ltd, based in Oxon, UK, is a small, family business with an active status, celebrating 38 years in operation. Employing five people, the company holds £303,539 in assets and boasts a perfect 5.0 Google rating from two reviews. It’s a tight-knit operation with five directors and two owners, and has a real registered address. The company is an irregular importer, primarily dealing with iron or steel products, with the last import activity occurring just one month ago in June 2024.

The company’s website, Freeman Cruisers, reveals a focus on the restoration and supply of classic Freeman boats. It’s not just a sales operation; it’s a hub for enthusiasts, offering spare parts, online shopping, and a dedicated owners club. The site even highlights a connection to British Seagull and Sheridan Marine, suggesting a broader network within the marine industry. The website also has a section for Freeman boat sales.

Financially, John Freeman Sales Ltd presents a mixed picture. Cash bank on hand increased by 23% to £220,000, a positive sign of improved liquidity. However, creditors rose by 31% to £97,000, and trade debtors remained steady at £23,000. Equity increased by 8.4% to £210,000, which is good. Property, plant, and equipment decreased by 48% to £1300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in creditors warrants a closer look. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, John Freeman Sales Ltd seems to be holding its own, benefiting from a loyal customer base and a niche market. However, managing its liabilities and maintaining a healthy cash flow will be key to its continued success.

Registered in England/Wales under the registration number 02092311, with a registered address at OX10 9HU, Oxon, The Boat House, Moulsford.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.