rhema christian ministries

rhema christian ministries Company Information

Share RHEMA CHRISTIAN MINISTRIES
Live 
MatureMicroLow

Company Number

03299533

Industry

Activities of religious organisations

 

Shareholders

-

Group Structure

View All

Contact

Registered Address

rhema house, 11 woodside green, woodside london, SE25 5EY

rhema christian ministries Estimated Valuation

£0

Pomanda estimates the enterprise value of RHEMA CHRISTIAN MINISTRIES at £0 based on a Turnover of £65.2k and -7.82x industry multiple (adjusted for size and gross margin).

rhema christian ministries Estimated Valuation

£1.1m

Pomanda estimates the enterprise value of RHEMA CHRISTIAN MINISTRIES at £1.1m based on an EBITDA of £-27.1k and a -38.88x industry multiple (adjusted for size and gross margin).

rhema christian ministries Estimated Valuation

£2.3m

Pomanda estimates the enterprise value of RHEMA CHRISTIAN MINISTRIES at £2.3m based on Net Assets of £781.3k and 2.94x industry multiple (adjusted for liquidity).

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Rhema Christian Ministries Overview

Rhema Christian Ministries is a live company located in woodside london, SE25 5EY with a Companies House number of 03299533. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in January 1997, it's largest shareholder is unknown. Rhema Christian Ministries is a mature, micro sized company, Pomanda has estimated its turnover at £65.2k with low growth in recent years.

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Rhema Christian Ministries Health Check

Pomanda's financial health check has awarded Rhema Christian Ministries a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating2.5out of 5
positive_score

2 Strong

positive_score

1 Regular

positive_score

6 Weak

size

Size

annual sales of £65.2k, make it smaller than the average company (£323.2k)

£65.2k - Rhema Christian Ministries

£323.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 2%, show it is growing at a slower rate (3.1%)

2% - Rhema Christian Ministries

3.1% - Industry AVG

production

Production

with a gross margin of 61.7%, this company has a comparable cost of product (61.7%)

61.7% - Rhema Christian Ministries

61.7% - Industry AVG

profitability

Profitability

an operating margin of -41.6% make it less profitable than the average company (-1%)

-41.6% - Rhema Christian Ministries

-1% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (6)

2 - Rhema Christian Ministries

6 - Industry AVG

paystructure

Pay Structure

There is insufficient data available for this Key Performance Indicator!

- - Rhema Christian Ministries

- - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £32.6k, this is less efficient (£63k)

£32.6k - Rhema Christian Ministries

£63k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Rhema Christian Ministries

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 4 days, this is quicker than average (39 days)

4 days - Rhema Christian Ministries

39 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Rhema Christian Ministries

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 3006 weeks, this is more cash available to meet short term requirements (354 weeks)

3006 weeks - Rhema Christian Ministries

354 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 0.4%, this is a lower level of debt than the average (5.2%)

0.4% - Rhema Christian Ministries

5.2% - Industry AVG

RHEMA CHRISTIAN MINISTRIES financials

EXPORTms excel logo

Rhema Christian Ministries's latest turnover from December 2023 is £65.2 thousand and the company has net assets of £781.3 thousand. According to their latest financial statements, we estimate that Rhema Christian Ministries has 2 employees and maintains cash reserves of £179.3 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover65,17372,26561,33862,31367,13069,62791,927414,38278,40983,83280,79277,67876,03178,31191,404
Other Income Or Grants000000000000000
Cost Of Sales24,99532,87321,35725,60146,07351,21257,173221,10352,38665,45772,35357,95138,03036,1010
Gross Profit40,17839,39239,98136,71221,05718,41534,754193,27926,02318,3758,43919,72738,00142,2100
Admin Expenses67,31362,40848,12643,30438,18439,11929,510-221,84040,21634,39118,76627,47261,108101,87137,917
Operating Profit-27,135-23,016-8,145-6,592-17,127-20,7045,244415,119-14,193-16,016-10,327-7,745-23,107-59,661-37,917
Interest Payable000000000000000
Interest Receivable000000000012000942
Pre-Tax Profit-17,252-15,832-7,610-6,374-15,374-18,8015,292332,603-12,904-14,667-8,940-6,337-21,547-57,936-37,037
Tax000000000000000
Profit After Tax-17,252-15,832-7,610-6,374-15,374-18,8015,292332,603-12,904-14,667-8,940-6,337-21,547-57,936-37,037
Dividends Paid000000000000000
Retained Profit-17,252-15,832-7,610-6,374-15,374-18,8015,292332,603-12,904-14,667-8,940-6,337-21,547-57,936-37,037
Employee Costs000042,13321,06221,548147,00641,67343,69464,24065,09572,037102,86792,441
Number Of Employees222221172222220
EBITDA*-27,135-23,016-8,014-6,415-16,950-20,2656,101415,845-10,005-11,632-6,066-3,813-18,342-54,409-28,006

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets600,000600,000600,000600,131600,308600,485600,924601,130268,641272,829275,907278,077282,009286,126290,410
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets600,000600,000600,000600,131600,308600,485600,924601,130268,641272,829275,907278,077282,009286,126290,410
Stock & work in progress000000000000000
Trade Debtors00001,2000000000000
Group Debtors000000000000000
Misc Debtors5,1285,1875,45610,86710,8035,3526,2996,4306,0986,4426,24012,2986,1955,70914,668
Cash179,310197,187213,313214,853221,632245,917261,623254,089253,766262,000277,621277,021286,001337,926351,903
misc current assets000000000000000
total current assets184,438202,374218,769225,720233,635251,269267,922260,519259,864268,442283,861289,319292,196343,635366,571
total assets784,438802,374818,769825,851833,943851,754868,846861,649528,505541,271559,768567,396574,205629,761656,981
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 2881,5092,2011,5222,7334,7483,3501,0434924504,1683,2343,69535,7513,709
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities2,8132,2762,1472,2982,8053,2272,9163,3183,3283,2323,3442,9662,9774,9306,256
total current liabilities3,1013,7854,3483,8205,5387,9756,2664,3613,8203,6827,5126,2006,67240,6819,965
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities3,1013,7854,3483,8205,5387,9756,2664,3613,8203,6827,5126,2006,67240,6819,965
net assets781,337798,589814,421822,031828,405843,779862,580857,288524,685537,589552,256561,196567,533589,080647,016
total shareholders funds781,337798,589814,421822,031828,405843,779862,580857,288524,685537,589552,256561,196567,533589,080647,016
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit-27,135-23,016-8,145-6,592-17,127-20,7045,244415,119-14,193-16,016-10,327-7,745-23,107-59,661-37,917
Depreciation001311771774398577264,1884,3844,2613,9324,7655,2529,911
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors-59-269-5,411-1,1366,651-947-131332-344202-6,0586,103486-8,95914,668
Creditors-1,221-692679-1,211-2,0151,3982,30755142-3,718934-461-32,05632,0423,709
Accruals and Deferred Income537129-151-507-422311-402-1096-112378-11-1,953-1,3266,256
Deferred Taxes & Provisions000000000000000
Cash flow from operations-27,760-23,310-2,075-6,997-26,038-17,6098,137416,054-9,523-15,6641,304-10,388-52,837-14,734-32,709
Investing Activities
capital expenditure000000-651-333,2150-1,306-2,0910-648-968-300,321
Change in Investments000000000000000
cash flow from investments000000-651-333,2150-1,306-2,0910-648-968-300,321
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000000000000684,053
interest000000000012000942
cash flow from financing000000000012000684,995
cash and cash equivalents
cash-17,877-16,126-1,540-6,779-24,285-15,7067,534323-8,234-15,621600-8,980-51,925-13,977351,903
overdraft000000000000000
change in cash-17,877-16,126-1,540-6,779-24,285-15,7067,534323-8,234-15,621600-8,980-51,925-13,977351,903

rhema christian ministries Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Rhema Christian Ministries Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for rhema christian ministries by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SE25 area or any other competitors across 12 key performance metrics.

rhema christian ministries Ownership

RHEMA CHRISTIAN MINISTRIES group structure

Rhema Christian Ministries has no subsidiary companies.

Ultimate parent company

RHEMA CHRISTIAN MINISTRIES

03299533

RHEMA CHRISTIAN MINISTRIES Shareholders

--

rhema christian ministries directors

Rhema Christian Ministries currently has 2 directors. The longest serving directors include Ms Marva Scott (Oct 2003) and Mr Jonathan Swaby (Aug 2008).

officercountryagestartendrole
Ms Marva Scott67 years Oct 2003- Director
Mr Jonathan Swaby59 years Aug 2008- Director

P&L

December 2023

turnover

65.2k

-10%

operating profit

-27.1k

0%

gross margin

61.7%

+13.09%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

781.3k

-0.02%

total assets

784.4k

-0.02%

cash

179.3k

-0.09%

net assets

Total assets minus all liabilities

rhema christian ministries company details

company number

03299533

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94910 - Activities of religious organisations

incorporation date

January 1997

age

27

incorporated

UK

ultimate parent company

None

accounts

Total Exemption Full

last accounts submitted

December 2023

previous names

N/A

accountant

MIROSLAV SIBA

auditor

-

address

rhema house, 11 woodside green, woodside london, SE25 5EY

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

rhema christian ministries Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We found 4 charges/mortgages relating to rhema christian ministries. Currently there are 0 open charges and 4 have been satisfied in the past.

charges

rhema christian ministries Companies House Filings - See Documents

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