FREEHOLD MANAGERS PLC

• ⚠

  Material uncertainty over going concern

  material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

RSM UK Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Significant events

• “On 24 May 2024 the Leasehold and Freehold Reform Act 2024 received Royal Assent. The element of the Act that is likely to have the most significant financial effect on the sole client, and therefore the company, should the secondary legislation that is required to give legal effect to the provisions of the Act be made, relates to the changes that reduce the premium that will be available to the property owner when leaseholders exercise their statutory rights to enfranchisement or lease extension. A judicial review of this legislation is scheduled for July 2025 and it is unlikely that such secondary legislation be made before this judicial review is completed.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -7%

  £4,015,600 → £3,734,838

• Cash

  -6.4%

  £435,362 → £407,538

• Net assets

  -41.4%

  £1,690,317 → £990,628

• Employees

  -10.7%

  28 → 25

• Operating profit

  -22.9%

  £1,250,850 → £964,183

• Profit before tax

  -27.7%

  £1,465,183 → £1,059,890

• Wages

  +1.3%

  £1,568,955 → £1,589,758

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers