matthew ashimolowo media ministries limited
matthew ashimolowo media ministries limited Company Information
Company Number
03676025
Next Accounts
Aug 2025
Industry
Retail sale of books in specialised stores
Other education n.e.c.
Shareholders
matthew ashimolowo
Group Structure
View All
Contact
Registered Address
41 main road, gidea park, romford, essex, RM1 3DL
Website
www.pastormatthew.tvmatthew ashimolowo media ministries limited Estimated Valuation
Pomanda estimates the enterprise value of MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED at £338.8k based on a Turnover of £962.2k and 0.35x industry multiple (adjusted for size and gross margin).
matthew ashimolowo media ministries limited Estimated Valuation
Pomanda estimates the enterprise value of MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED at £132.9k based on an EBITDA of £51.2k and a 2.6x industry multiple (adjusted for size and gross margin).
matthew ashimolowo media ministries limited Estimated Valuation
Pomanda estimates the enterprise value of MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED at £954.2k based on Net Assets of £335.2k and 2.85x industry multiple (adjusted for liquidity).
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Matthew Ashimolowo Media Ministries Limited Overview
Matthew Ashimolowo Media Ministries Limited is a live company located in romford, RM1 3DL with a Companies House number of 03676025. It operates in the retail sale of books in specialised stores sector, SIC Code 47610. Founded in November 1998, it's largest shareholder is matthew ashimolowo with a 100% stake. Matthew Ashimolowo Media Ministries Limited is a mature, small sized company, Pomanda has estimated its turnover at £962.2k with rapid growth in recent years.
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Matthew Ashimolowo Media Ministries Limited Health Check
Pomanda's financial health check has awarded Matthew Ashimolowo Media Ministries Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
3 Weak
Size
annual sales of £962.2k, make it larger than the average company (£701.3k)
- Matthew Ashimolowo Media Ministries Limited
£701.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 46%, show it is growing at a faster rate (6.9%)
- Matthew Ashimolowo Media Ministries Limited
6.9% - Industry AVG
Production
with a gross margin of 25.7%, this company has a higher cost of product (39.7%)
- Matthew Ashimolowo Media Ministries Limited
39.7% - Industry AVG
Profitability
an operating margin of 5.3% make it more profitable than the average company (2.4%)
- Matthew Ashimolowo Media Ministries Limited
2.4% - Industry AVG
Employees
with 1 employees, this is below the industry average (10)
1 - Matthew Ashimolowo Media Ministries Limited
10 - Industry AVG
Pay Structure
on an average salary of £27.7k, the company has an equivalent pay structure (£27.7k)
- Matthew Ashimolowo Media Ministries Limited
£27.7k - Industry AVG
Efficiency
resulting in sales per employee of £962.2k, this is more efficient (£83.5k)
- Matthew Ashimolowo Media Ministries Limited
£83.5k - Industry AVG
Debtor Days
it gets paid by customers after 186 days, this is later than average (41 days)
- Matthew Ashimolowo Media Ministries Limited
41 days - Industry AVG
Creditor Days
its suppliers are paid after 60 days, this is close to average (63 days)
- Matthew Ashimolowo Media Ministries Limited
63 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Matthew Ashimolowo Media Ministries Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Matthew Ashimolowo Media Ministries Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (54.1%)
31.8% - Matthew Ashimolowo Media Ministries Limited
54.1% - Industry AVG
MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED financials
Matthew Ashimolowo Media Ministries Limited's latest turnover from November 2023 is estimated at £962.2 thousand and the company has net assets of £335.2 thousand. According to their latest financial statements, Matthew Ashimolowo Media Ministries Limited has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | 22,430 | 31,556 | |||||||||||||
| Admin Expenses | 31,106 | 48,881 | |||||||||||||
| Operating Profit | -8,676 | -17,325 | |||||||||||||
| Interest Payable | 0 | 0 | |||||||||||||
| Interest Receivable | 33 | 65 | |||||||||||||
| Pre-Tax Profit | -8,643 | -17,260 | |||||||||||||
| Tax | 0 | 0 | |||||||||||||
| Profit After Tax | -8,643 | -17,260 | |||||||||||||
| Dividends Paid | 0 | 0 | |||||||||||||
| Retained Profit | -8,643 | -17,260 | |||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 1 | 1 | 1 | ||||||||||||
| EBITDA* | -7,284 | -15,471 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 977 | 1,301 | 1,735 | 2,314 | 3,129 | 4,171 | 5,563 | 7,417 | 9,890 | 13,184 | 14,783 | 19,711 | 26,282 | 0 | 11,618 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8,713 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 977 | 1,301 | 1,735 | 2,314 | 3,129 | 4,171 | 5,563 | 7,417 | 9,890 | 13,184 | 14,783 | 19,711 | 26,282 | 8,713 | 11,618 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 25,771 | 42,171 | 54,685 | 72,548 | 116,482 | 93,159 | 139,889 | 239,235 | 352,812 | 413,492 | 449,751 |
| Trade Debtors | 490,574 | 422,849 | 250,438 | 102,458 | 0 | 63,616 | 73,007 | 61,414 | 22,079 | 80,172 | 115,920 | 111,679 | 107,799 | 126,310 | 97,415 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 78,126 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 977 | 3,263 | 6,250 | 35,166 | 9,897 | 621 | 6,844 | 6,350 | 6,315 | 5,405 | 11,818 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 490,574 | 422,849 | 250,438 | 102,458 | 104,874 | 109,050 | 133,942 | 169,128 | 148,458 | 173,952 | 262,653 | 357,264 | 466,926 | 545,207 | 558,984 |
| total assets | 491,551 | 424,150 | 252,173 | 104,772 | 108,003 | 113,221 | 139,505 | 176,545 | 158,348 | 187,136 | 277,436 | 376,975 | 493,208 | 553,920 | 570,602 |
| Bank overdraft | 0 | 0 | 0 | 0 | 276 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 118,582 | 92,158 | 23,153 | 36,016 | 0 | 18,794 | 24,765 | 57,731 | 6,107 | 4,104 | 17,619 | 24,593 | 45,410 | 42,173 | 19,841 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 13,819 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 118,582 | 92,158 | 23,153 | 36,016 | 14,095 | 18,794 | 24,765 | 57,731 | 6,107 | 4,104 | 17,619 | 24,593 | 45,410 | 42,173 | 19,841 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 37,733 | 35,121 | 32,748 | 38,148 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 71,324 | 68,871 | 80,541 | 67,355 | 54,999 | 39,385 | 26,593 | 50,064 | 61,797 | 78,241 | 97,094 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 37,733 | 35,121 | 32,748 | 38,148 | 71,324 | 68,871 | 80,541 | 67,355 | 54,999 | 39,385 | 26,593 | 50,064 | 61,797 | 78,241 | 97,094 |
| total liabilities | 156,315 | 127,279 | 55,901 | 74,164 | 85,419 | 87,665 | 105,306 | 125,086 | 61,106 | 43,489 | 44,212 | 74,657 | 107,207 | 120,414 | 116,935 |
| net assets | 335,236 | 296,871 | 196,272 | 30,608 | 22,584 | 25,556 | 34,199 | 51,459 | 97,242 | 143,647 | 233,224 | 302,318 | 386,001 | 433,506 | 453,667 |
| total shareholders funds | 335,236 | 296,871 | 196,272 | 30,608 | 22,584 | 25,556 | 34,199 | 51,459 | 97,242 | 143,647 | 233,224 | 302,318 | 386,001 | 433,506 | 453,667 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -8,676 | -17,325 | |||||||||||||
| Depreciation | 1,042 | 1,392 | 1,854 | 2,473 | 3,294 | 4,396 | 4,928 | 6,571 | 0 | 2,905 | 3,897 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | 0 | 0 | |||||||||||||
| Stock | 0 | 0 | 0 | -25,771 | -16,400 | -12,514 | -17,863 | -43,934 | 23,323 | -46,730 | -99,346 | -113,577 | -60,680 | -36,259 | 449,751 |
| Debtors | 67,725 | 172,411 | 147,980 | 24,332 | 14,510 | -9,391 | 11,593 | 39,335 | -58,093 | -35,748 | 4,241 | 3,880 | -18,511 | 28,895 | 97,415 |
| Creditors | 26,424 | 69,005 | -12,863 | 36,016 | -18,794 | -5,971 | -32,966 | 51,624 | 2,003 | -13,515 | -6,974 | -20,817 | 3,237 | 22,332 | 19,841 |
| Accruals and Deferred Income | 2,612 | 2,373 | -5,400 | 24,329 | 13,819 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 8,650 | -42,167 | |||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -8,713 | 8,713 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | -71,324 | 2,453 | -11,670 | 13,186 | 12,356 | 15,614 | 12,792 | -23,471 | -11,733 | -16,444 | -18,853 | 97,094 |
| share issue | |||||||||||||||
| interest | 33 | 65 | |||||||||||||
| cash flow from financing | -11,637 | 13,251 | |||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | -977 | -2,286 | -2,987 | -28,916 | 25,269 | 9,276 | -6,223 | 494 | 35 | 910 | -6,413 | 11,818 |
| overdraft | 0 | 0 | 0 | -276 | 276 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | -701 | -2,562 | -2,987 | -28,916 | 25,269 | 9,276 | -6,223 | 494 | 35 | 910 | -6,413 | 11,818 |
matthew ashimolowo media ministries limited Credit Report and Business Information
Matthew Ashimolowo Media Ministries Limited Competitor Analysis
Perform a competitor analysis for matthew ashimolowo media ministries limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in RM1 area or any other competitors across 12 key performance metrics.
matthew ashimolowo media ministries limited Ownership
MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED group structure
Matthew Ashimolowo Media Ministries Limited has no subsidiary companies.
Ultimate parent company
MATTHEW ASHIMOLOWO MEDIA MINISTRIES LIMITED
03676025
matthew ashimolowo media ministries limited directors
Matthew Ashimolowo Media Ministries Limited currently has 2 directors. The longest serving directors include Reverend Yemisi Ashimolowo (Nov 1998) and Reverend Matthew Ashimolowo (Nov 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Reverend Yemisi Ashimolowo | United Kingdom | 65 years | Nov 1998 | - | Director |
| Reverend Matthew Ashimolowo | 72 years | Nov 1998 | - | Director |
P&L
November 2023turnover
962.2k
+11%
operating profit
51.2k
0%
gross margin
25.8%
-10.22%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
335.2k
+0.13%
total assets
491.6k
+0.16%
cash
0
0%
net assets
Total assets minus all liabilities
matthew ashimolowo media ministries limited company details
company number
03676025
Type
Private limited with Share Capital
industry
47610 - Retail sale of books in specialised stores
85590 - Other education n.e.c.
58110 - Book publishing
incorporation date
November 1998
age
26
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
November 2023
previous names
N/A
accountant
-
auditor
-
address
41 main road, gidea park, romford, essex, RM1 3DL
Bank
BARCLAYS BANK PLC, BARCLAYS BANK PLC, BARCLAYS BANK PLC
Legal Advisor
-
matthew ashimolowo media ministries limited 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 did not find charges/mortgages relating to matthew ashimolowo media ministries limited.
matthew ashimolowo media ministries limited Companies House Filings - See Documents
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