FREEDOM SERVICES LIMITED

• ⚠

  Annual accounts overdue

  Due 2025-12-31.

• ⚠

  Material uncertainty over going concern

  We draw attention to Note 1.2 in the financial statements, which indicates that the group is currently experiencing a period of low liquidity, has received a notice of legal proceeding against them for an alleged breach of contract, and has entered into a long term capacity deal. As stated in Note 1.2, these events or conditions indicate that a 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

Saffery LLP

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“We draw attention to Note 1.2 in the financial statements, which indicates that the group is currently experiencing a period of low liquidity, has received a notice of legal proceeding against them for an alleged breach of contract, and has entered into a long term capacity deal. As stated in Note 1.2, these events or conditions indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.”

Group structure

1. FREEDOM SERVICES LIMITED · parent
   1. Action 365 Limited 100% · England
   2. Freedom Brokers Limited 100% · Gibraltar
   3. Pukka Insure Limited 100% · Gibraltar
   4. Freedom Insurance Guernsey Ltd 100% · Guernsey

Significant events

• “Within the period the Group has received a notice of legal proceeding against them regarding a contract dispute, this is an issue to the Company's going concern as they are reliant on the rest of the Group for financial support. The Group are currently working to defend this but as at this date have no indication of settlement date or outcome.”
• “During 2024 the Group received a loan from a related party, this will not be recalled before 2026.”
• “The new long term capacity deal is still in its infancy and there was a slight delay in reaching full capacity which has impacted the 2024 performance of the Group, however forecasted capacity has now been reached as of the final quarter of 2024.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  —

  Not reported

• Cash

  -100%

  £6,172 → £0

  lowest in 5 filed years

• Net assets

  —

  Not reported

• Employees

  —

  Not reported

• Profit before tax

  +36%

  -£3,441,505 → -£2,203,282

• Wages

  +33.9%

  £887,748 → £1,189,044

  highest in 5 filed years

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers