the everlasting arms ministries
the everlasting arms ministries Company Information
Company Number
04234547
Next Accounts
3 days late
Industry
Activities of religious organisations
Shareholders
-
Group Structure
View All
Contact
Registered Address
600-608 old kent road, london, SE15 1JB
the everlasting arms ministries Estimated Valuation
Pomanda estimates the enterprise value of THE EVERLASTING ARMS MINISTRIES at £168.8k based on a Turnover of £239.3k and 0.71x industry multiple (adjusted for size and gross margin).
the everlasting arms ministries Estimated Valuation
Pomanda estimates the enterprise value of THE EVERLASTING ARMS MINISTRIES at £0 based on an EBITDA of £-114.9k and a 3.51x industry multiple (adjusted for size and gross margin).
the everlasting arms ministries Estimated Valuation
Pomanda estimates the enterprise value of THE EVERLASTING ARMS MINISTRIES at £7m based on Net Assets of £2.7m and 2.59x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Everlasting Arms Ministries Overview
The Everlasting Arms Ministries is a live company located in london, SE15 1JB with a Companies House number of 04234547. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in June 2001, it's largest shareholder is unknown. The Everlasting Arms Ministries is a mature, micro sized company, Pomanda has estimated its turnover at £239.3k with declining growth in recent years.
Upgrade for unlimited company reports & a free credit check
The Everlasting Arms Ministries Health Check
Pomanda's financial health check has awarded The Everlasting Arms Ministries a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
5 Weak
Size
annual sales of £239.3k, make it in line with the average company (£283.7k)
£239.3k - The Everlasting Arms Ministries
£283.7k - Industry AVG
Growth
3 year (CAGR) sales growth of -44%, show it is growing at a slower rate (1.3%)
- The Everlasting Arms Ministries
1.3% - Industry AVG
Production
with a gross margin of 89.8%, this company has a comparable cost of product (89.8%)
89.8% - The Everlasting Arms Ministries
89.8% - Industry AVG
Profitability
an operating margin of -59.7% make it less profitable than the average company (5.9%)
-59.7% - The Everlasting Arms Ministries
5.9% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - The Everlasting Arms Ministries
6 - Industry AVG
Pay Structure
on an average salary of £30.2k, the company has a higher pay structure (£21.9k)
£30.2k - The Everlasting Arms Ministries
£21.9k - Industry AVG
Efficiency
resulting in sales per employee of £79.8k, this is more efficient (£56.4k)
£79.8k - The Everlasting Arms Ministries
£56.4k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - The Everlasting Arms Ministries
- - Industry AVG
Creditor Days
its suppliers are paid after 57 days, this is slower than average (22 days)
57 days - The Everlasting Arms Ministries
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Everlasting Arms Ministries
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 986 weeks, this is more cash available to meet short term requirements (399 weeks)
986 weeks - The Everlasting Arms Ministries
399 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 8.3%, this is a higher level of debt than the average (5.2%)
8.3% - The Everlasting Arms Ministries
5.2% - Industry AVG
THE EVERLASTING ARMS MINISTRIES financials
The Everlasting Arms Ministries's latest turnover from March 2023 is £239.3 thousand and the company has net assets of £2.7 million. According to their latest financial statements, The Everlasting Arms Ministries has 3 employees and maintains cash reserves of £122.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 239,295 | 200,280 | 146,049 | 299,359 | 327,532 | 244,757 | 532,983 | 318,616 | 340,802 | 456,388 | ||||
| Other Income Or Grants | 0 | 0 | 0 | |||||||||||
| Cost Of Sales | 0 | 0 | 0 | |||||||||||
| Gross Profit | 318,616 | 340,802 | 456,388 | |||||||||||
| Admin Expenses | 292,009 | 359,316 | 352,364 | |||||||||||
| Operating Profit | 26,607 | -18,514 | 104,024 | |||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | ||||
| Pre-Tax Profit | -135,659 | -81,748 | -253,721 | -416,357 | -575,914 | -638,220 | 40,508 | 26,608 | -18,512 | 104,024 | ||||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Profit After Tax | -135,659 | -81,748 | -253,721 | -416,357 | -575,914 | -638,220 | 40,508 | 26,608 | -18,512 | 104,024 | ||||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Retained Profit | -135,659 | -81,748 | -253,721 | -416,357 | -575,914 | -638,220 | 40,508 | 26,608 | -18,512 | 104,024 | ||||
| Employee Costs | 90,637 | 100,647 | 139,758 | 16,564 | ||||||||||
| Number Of Employees | 3 | 3 | 3 | 3 | 1 | |||||||||
| EBITDA* | 28,932 | -16,189 | 113,015 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 764,898 | 790,666 | 827,959 | 877,311 | 941,107 | 902,916 | 742,092 | 711,607 | 5,021,049 | 0 | 5,012,406 | 5,012,406 | 5,014,731 | 5,017,056 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5,015,025 | 0 | 76,600 | 76,600 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 76,600 |
| Debtors (Due After 1 year) | 2,000,000 | 2,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,764,898 | 2,790,666 | 2,827,959 | 877,311 | 941,107 | 902,916 | 742,092 | 711,607 | 5,021,049 | 5,015,025 | 5,012,406 | 5,089,006 | 5,091,331 | 5,093,656 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 121,122 | 93,021 | 43,225 | 48,337 | 35,903 | 49,506 | 41,410 | 50,643 | 64,466 | 56,881 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 36,840 | 145,340 | 120,547 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 79,302 |
| Cash | 122,243 | 216,562 | 282,443 | 505,644 | 737,374 | 1,241,045 | 1,834,020 | 2,621,609 | 12,077 | 17,385 | 4,496 | 10,947 | 12,006 | 20,283 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 159,083 | 361,902 | 402,990 | 626,766 | 830,395 | 1,284,270 | 1,882,357 | 2,657,512 | 61,583 | 58,795 | 55,139 | 75,413 | 68,887 | 99,585 |
| total assets | 2,923,981 | 3,152,568 | 3,230,949 | 1,504,077 | 1,771,502 | 2,187,186 | 2,624,449 | 3,369,119 | 5,082,632 | 5,073,820 | 5,067,545 | 5,164,419 | 5,160,218 | 5,193,241 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,181,597 | 0 | 0 | 133,082 | 0 | 5,161 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,876 | 18,841 | 16,623 | 56,669 | 10,310 | 9,840 | 24,740 | 123,943 | 0 | 505,003 | 298,420 | 8,609 | 1,030 | 3,856 |
| Group/Directors Accounts | 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 | 88,942 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,570 | 21,789 | 20,639 | 0 | 3,500 | 3,500 | 0 | 3,500 | 8,733 | 0 | 0 | 124,649 | 132,856 | 11,601 |
| total current liabilities | 6,446 | 40,630 | 37,262 | 56,669 | 13,810 | 13,340 | 24,740 | 127,443 | 2,190,330 | 505,003 | 298,420 | 266,340 | 133,886 | 109,560 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,717,024 | 0 | 1,961,804 | 2,116,665 | 2,155,502 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 235,431 | 294,175 | 294,175 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1,725,117 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 235,431 | 294,175 | 294,175 | 0 | 0 | 0 | 0 | 0 | 0 | 1,717,024 | 1,725,117 | 1,961,804 | 2,116,665 | 2,155,502 |
| total liabilities | 241,877 | 334,805 | 331,437 | 56,669 | 13,810 | 13,340 | 24,740 | 127,443 | 2,190,330 | 2,222,027 | 2,023,537 | 2,228,144 | 2,250,551 | 2,265,062 |
| net assets | 2,682,104 | 2,817,763 | 2,899,512 | 1,447,408 | 1,757,692 | 2,173,846 | 2,599,709 | 3,241,676 | 2,892,302 | 2,851,793 | 3,044,008 | 2,936,275 | 2,909,667 | 2,928,179 |
| total shareholders funds | 2,682,104 | 2,817,763 | 2,899,512 | 1,447,408 | 1,757,692 | 2,173,846 | 2,599,709 | 3,241,676 | 2,892,302 | 2,851,793 | 3,044,008 | 2,936,275 | 2,909,667 | 2,928,179 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 26,607 | -18,514 | 104,024 | |||||||||||
| Depreciation | 28,008 | 37,293 | 49,352 | 80,246 | 57,823 | 34,431 | 25,658 | 20,662 | 4,977 | 1,310 | 0 | 2,325 | 2,325 | 8,991 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4,975 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -108,500 | 24,793 | 1,999,425 | 28,101 | 49,796 | -5,112 | 12,434 | -13,603 | 8,096 | -9,233 | -13,823 | 7,585 | -22,421 | 79,302 |
| Creditors | -14,965 | 2,218 | -40,046 | 46,359 | 470 | -14,900 | -99,203 | 123,943 | -505,003 | 206,583 | 289,811 | 7,579 | -2,826 | 3,856 |
| Accruals and Deferred Income | -19,219 | 1,150 | 20,639 | -3,500 | 0 | 3,500 | -3,500 | -5,233 | 8,733 | 0 | -124,649 | -8,207 | 121,255 | 11,601 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 20,719 | 124,661 | 49,170 | |||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | 0 | 0 | 0 | 5,276,375 | -10,999 | |||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -76,600 | 76,600 |
| cash flow from investments | 0 | 0 | 0 | 5,276,375 | -10,999 | |||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 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 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -88,942 | 88,942 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1,717,024 | 1,717,024 | -1,961,804 | -154,861 | -38,837 | 2,155,502 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | -58,744 | 0 | 294,175 | 0 | 0 | 0 | 0 | 0 | 0 | -1,725,117 | 1,725,117 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | ||||
| cash flow from financing | -58,744 | -1 | 2,000,000 | 203 | 150,051 | 987,595 | -1,717,022 | -154,860 | -127,778 | 5,068,599 | ||||
| cash and cash equivalents | ||||||||||||||
| cash | -94,319 | -65,881 | -223,201 | -231,730 | -503,671 | -592,975 | -787,589 | 2,609,532 | -5,308 | 12,889 | -6,451 | -1,059 | -8,277 | 20,283 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,181,597 | 2,181,597 | 0 | -133,082 | 133,082 | -5,161 | 5,161 |
| change in cash | -94,319 | -65,881 | -223,201 | -231,730 | -503,671 | -592,975 | -787,589 | 4,791,129 | -2,186,905 | 12,889 | 126,631 | -134,141 | -3,116 | 15,122 |
the everlasting arms ministries Credit Report and Business Information
The Everlasting Arms Ministries Competitor Analysis
Perform a competitor analysis for the everlasting arms ministries by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SE15 area or any other competitors across 12 key performance metrics.
the everlasting arms ministries Ownership
THE EVERLASTING ARMS MINISTRIES group structure
The Everlasting Arms Ministries has no subsidiary companies.
Ultimate parent company
THE EVERLASTING ARMS MINISTRIES
04234547
the everlasting arms ministries directors
The Everlasting Arms Ministries currently has 5 directors. The longest serving directors include Mr Aderibigbe Adesola (Apr 2009) and Ms Olayinka Ogunnoiki (Apr 2009).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Aderibigbe Adesola | 60 years | Apr 2009 | - | Director | |
| Ms Olayinka Ogunnoiki | 61 years | Apr 2009 | - | Director | |
| Mr Olatunde Sogbesan | England | 62 years | May 2020 | - | Director |
| Mr David Babarinsa | England | 62 years | May 2020 | - | Director |
| Ms Catherine Deigh | England | 57 years | Dec 2021 | - | Director |
P&L
March 2023turnover
239.3k
+19%
operating profit
-142.9k
0%
gross margin
89.8%
-2.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.7m
-0.05%
total assets
2.9m
-0.07%
cash
122.2k
-0.44%
net assets
Total assets minus all liabilities
Similar Companies
the everlasting arms ministries company details
company number
04234547
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
June 2001
age
23
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
HELEN IGBAGI
auditor
-
address
600-608 old kent road, london, SE15 1JB
Bank
BARCLAYS BANK PLC
Legal Advisor
WELLERS LAW GROUP
the everlasting arms 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 2 charges/mortgages relating to the everlasting arms ministries. Currently there are 0 open charges and 2 have been satisfied in the past.
the everlasting arms ministries Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for THE EVERLASTING ARMS MINISTRIES. This can take several minutes, an email will notify you when this has completed.
the everlasting arms ministries Companies House Filings - See Documents
| date | description | view/download |
|---|
