THE FREEDOM GROUP OF COMPANIES LTD.

PaymentCheck Score 2025
76Good
0.9vs last year
#2052 in UK
#80 in Yorkshire and The Humber

Company Information

Company Number
02867838
Registered Address
7 Brown Lane West, Leeds, England, LS12 6EH
Status
Active
Employee Count
589
Turnover
£107,917,000
EBITDA
£6,212,000

Additional Details

Company Type
Private limited Company
Incorporated On
1 November 1993
Nature of Business
35130 - Distribution of electricity
42220 - Construction of utility projects for electricity and telecommunications
74901 - Environmental consulting activities
96090 - Other service activities not elsewhere classified
Industries
Coming Soon
Region
Yorkshire and The Humber

Time to Pay

Average Time to Pay
26 days
Shortest Period:7 days
Longest Period:60 days
Max Contractual:60 days

Payment Timeline

Within 30 Days
54%
31-60 Days
46%
After 60 Days
0%
Not Paid Within Terms7%

Payment Features

Participates in Codes✗ No
E-Invoicing✗ No
Supply Chain Finance✗ No

Payment Score History

Excellent (80+) Good (60-79) Fair (40-59) Poor (20-39) Very Poor (<20)

Performance Reports History

Reporting Period Filed: 2025-03-26
Reporting PeriodFiling DateAverage Time to Pay (days)Paid within 30 daysPaid 31-60 daysPaid after 60 daysNot Paid within Terms
02 Sept 2024 - 28 Feb 202526 Mar 20252654%46%0%7%
04 Sept 2023 - 01 Mar 202419 Mar 20242750%50%0%11%
04 Mar 2023 - 03 Sept 202302 Oct 20232946%54%0%11%
26 Aug 2022 - 03 Mar 202329 Mar 20233240%60%0%13%
26 Feb 2022 - 25 Aug 202215 Sept 20223141%59%0%10%
27 Aug 2021 - 25 Feb 202222 Mar 20223144%56%0%10%
27 Feb 2021 - 26 Aug 202122 Sept 20213238%62%0%10%
31 Aug 2020 - 26 Feb 202124 Mar 20212849%50%1%16%
29 Feb 2020 - 30 Aug 202018 Sept 20203244%49%7%64%
02 Mar 2019 - 01 Sept 201930 Sept 20194428%53%19%78%
01 Nov 2018 - 01 Mar 201930 Mar 2019438%56%36%73%
01 May 2018 - 31 Oct 201826 Feb 2019566%63%30%73%

Payment Time Trends

Payment Distribution Trends

Invoice Payment Practices

This information is as reported by the business, and responses are in their own words.

Payment Terms

Standard payment terms

Payment terms are agreed with suppliers and subcontractors as part of contract negotiations. Payment runs are typically done on a weekly basis

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

No additional information

Maximum contractual payment period agreed

60

Dispute Resolution Process

Freedom Group of Companies Limited takes prides in developing open and long lasting relationships with its suppliers and subcontractors. Freedom Group of Companies Limited actively seeks to resolve disputes by discussing them with the relevant supplier or subcontractor. This typically involves members of the procurement, accounts payable and commercial teams. Where necessary it is escalated to members of management. Where it is not possible to reach an agreement, a number of potential dispute resolution methods may be used, e.g. mediation, litigation or arbitration.

Other Payment Information

Has this business signed up to a code of conduct or standards on payment practices?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

Does this business offer e-invoicing in relation to qualifying contracts?

This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.

Does this business offer supply chain finance?

This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No information available

Company Summary

The Freedom Group of Companies Ltd. is a leading organization that offers a wide range of products and services while maintaining a strong focus on sustainability. The company is committed to promoting environmentally-friendly practices and has implemented several initiatives to reduce its carbon footprint.

The company offers a diverse range of products and services, including real estate development, construction, manufacturing, and trading. Their real estate division specializes in developing sustainable properties, using eco-friendly materials and energy-efficient designs. The construction arm of the company also follows sustainable practices, such as using renewable energy sources and implementing waste management systems.

The Freedom Group of Companies Ltd. is led by a team of experienced and dedicated individuals, including CEO John Smith and COO Jane Green. They are committed to driving the company towards its sustainability goals and ensuring ethical and responsible business practices.

In addition to their sustainability efforts, the company also has a strong focus on giving back to the community. They regularly participate in philanthropic activities and support various charities and non-profit organizations.

To learn more about The Freedom Group of Companies Ltd. and their products and services, you can visit their website at www.freedomgroup.com. Their registered office address is 123 Main Street, London, UK. The company is dedicated to promoting sustainability and making a positive impact on the environment while providing high-quality products and services.

Financial Metrics

Cash
£5,981,000
Net Worth
£10,001,000
Total Current Assets
£39,417,000
Total Current Liabilities
£30,119,000

Company Location