cornerstone foundation (global) limited
cornerstone foundation (global) limited Company Information
Company Number
04586128
Next Accounts
Dec 2025
Industry
Other social work activities without accommodation n.e.c.
Shareholders
-
Group Structure
View All
Contact
Registered Address
2nd floor, 123 fonthill road, london, N4 3HH
Website
www.cornerstonefgl.orgcornerstone foundation (global) limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE FOUNDATION (GLOBAL) LIMITED at £28.7k based on a Turnover of £89.3k and 0.32x industry multiple (adjusted for size and gross margin).
cornerstone foundation (global) limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE FOUNDATION (GLOBAL) LIMITED at £381 based on an EBITDA of £118 and a 3.22x industry multiple (adjusted for size and gross margin).
cornerstone foundation (global) limited Estimated Valuation
Pomanda estimates the enterprise value of CORNERSTONE FOUNDATION (GLOBAL) LIMITED at £41.6k based on Net Assets of £13.3k and 3.12x industry multiple (adjusted for liquidity).
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Cornerstone Foundation (global) Limited Overview
Cornerstone Foundation (global) Limited is a live company located in london, N4 3HH with a Companies House number of 04586128. It operates in the other social work activities without accommodation n.e.c. sector, SIC Code 88990. Founded in November 2002, it's largest shareholder is unknown. Cornerstone Foundation (global) Limited is a mature, micro sized company, Pomanda has estimated its turnover at £89.3k with declining growth in recent years.
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Cornerstone Foundation (global) Limited Health Check
Pomanda's financial health check has awarded Cornerstone Foundation (Global) Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 7 areas for improvement. Company Health Check FAQs
1 Strong
2 Regular
7 Weak
Size
annual sales of £89.3k, make it smaller than the average company (£488.2k)
- Cornerstone Foundation (global) Limited
£488.2k - Industry AVG
Growth
3 year (CAGR) sales growth of -15%, show it is growing at a slower rate (6.4%)
- Cornerstone Foundation (global) Limited
6.4% - Industry AVG
Production
with a gross margin of 27.9%, this company has a higher cost of product (68.1%)
- Cornerstone Foundation (global) Limited
68.1% - Industry AVG
Profitability
an operating margin of 0.1% make it less profitable than the average company (3.6%)
- Cornerstone Foundation (global) Limited
3.6% - Industry AVG
Employees
with 2 employees, this is below the industry average (14)
- Cornerstone Foundation (global) Limited
14 - Industry AVG
Pay Structure
on an average salary of £25k, the company has an equivalent pay structure (£25k)
- Cornerstone Foundation (global) Limited
£25k - Industry AVG
Efficiency
resulting in sales per employee of £44.7k, this is equally as efficient (£39.9k)
- Cornerstone Foundation (global) Limited
£39.9k - Industry AVG
Debtor Days
it gets paid by customers after 55 days, this is later than average (14 days)
- Cornerstone Foundation (global) Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 3 days, this is quicker than average (5 days)
- Cornerstone Foundation (global) Limited
5 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Cornerstone Foundation (global) Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Cornerstone Foundation (global) Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.3%, this is a lower level of debt than the average (12.5%)
4.3% - Cornerstone Foundation (global) Limited
12.5% - Industry AVG
CORNERSTONE FOUNDATION (GLOBAL) LIMITED financials
Cornerstone Foundation (Global) Limited's latest turnover from March 2024 is estimated at £89.3 thousand and the company has net assets of £13.3 thousand. According to their latest financial statements, we estimate that Cornerstone Foundation (Global) Limited has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | 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 | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | |||||||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | 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 | 256 | 284 | 315 | 350 | 389 | 533 | 592 | 657 | 730 | 811 | 890 | 974 | 1,082 | 1,401 | 1,751 |
| 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 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 256 | 284 | 315 | 350 | 389 | 533 | 592 | 657 | 730 | 811 | 890 | 974 | 1,082 | 1,401 | 1,751 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 13,660 | 13,543 | 13,321 | 13,031 | 14,868 | 14,685 | 13,283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,545 | 10,682 | 10,252 | 6,888 | 4,319 | 534 | 519 | 461 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 13,660 | 13,543 | 13,321 | 13,031 | 14,868 | 14,685 | 13,283 | 12,545 | 10,682 | 10,252 | 6,888 | 4,319 | 534 | 519 | 461 |
| total assets | 13,916 | 13,827 | 13,636 | 13,381 | 15,257 | 15,218 | 13,875 | 13,202 | 11,412 | 11,063 | 7,778 | 5,293 | 1,616 | 1,920 | 2,212 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 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 | 600 | 600 | 600 | 0 | 720 | 720 | 780 | 1,280 | 0 | 0 | 9,220 | 0 | 16,513 | 0 | 0 |
| 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 | 3,250 | 5,687 | 0 | 12,992 | 0 | 16,405 | 16,788 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 750 | 750 |
| total current liabilities | 600 | 600 | 600 | 0 | 720 | 720 | 780 | 1,280 | 3,250 | 5,687 | 9,220 | 12,992 | 16,513 | 17,155 | 17,538 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 600 | 600 | 600 | 600 | 720 | 720 | 780 | 1,280 | 3,250 | 5,687 | 9,220 | 12,992 | 16,513 | 17,155 | 17,538 |
| net assets | 13,316 | 13,227 | 13,036 | 12,781 | 14,537 | 14,498 | 13,095 | 11,922 | 8,162 | 5,376 | -1,442 | -7,699 | -14,897 | -15,235 | -15,326 |
| total shareholders funds | 13,316 | 13,227 | 13,036 | 12,781 | 14,537 | 14,498 | 13,095 | 11,922 | 8,162 | 5,376 | -1,442 | -7,699 | -14,897 | -15,235 | -15,326 |
| Mar 2024 | 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 | |||||||||||||||
| Depreciation | 73 | 81 | 79 | 84 | 108 | 319 | 350 | 438 | |||||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 117 | 222 | 290 | -1,837 | 183 | 1,402 | 13,283 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Creditors | 0 | 0 | 600 | -720 | 0 | -60 | -500 | 1,280 | 0 | -9,220 | 9,220 | -16,513 | 16,513 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -750 | 0 | 750 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | -3,250 | -2,437 | 5,687 | -12,992 | 12,992 | -16,405 | -383 | 16,788 |
| 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 | -600 | 600 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -12,545 | 1,863 | 430 | 3,364 | 2,569 | 3,785 | 15 | 58 | 461 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -12,545 | 1,863 | 430 | 3,364 | 2,569 | 3,785 | 15 | 58 | 461 |
cornerstone foundation (global) limited Credit Report and Business Information
Cornerstone Foundation (global) Limited Competitor Analysis
Perform a competitor analysis for cornerstone foundation (global) limited by selecting its closest rivals, whether from the HUMAN HEALTH AND SOCIAL WORK ACTIVITIES sector, other micro companies, companies in N 4 area or any other competitors across 12 key performance metrics.
cornerstone foundation (global) limited Ownership
CORNERSTONE FOUNDATION (GLOBAL) LIMITED group structure
Cornerstone Foundation (Global) Limited has no subsidiary companies.
Ultimate parent company
CORNERSTONE FOUNDATION (GLOBAL) LIMITED
04586128
cornerstone foundation (global) limited directors
Cornerstone Foundation (Global) Limited currently has 7 directors. The longest serving directors include Mrs Osaro Aiyeola (Nov 2002) and Mrs Ayodeji Adesina (Nov 2002).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Osaro Aiyeola | 59 years | Nov 2002 | - | Director | |
| Mrs Ayodeji Adesina | 56 years | Nov 2002 | - | Director | |
| Mr Olutunmbi Idowu | 62 years | Oct 2021 | - | Director | |
| Mrs Olutoyin Aworinde | England | 62 years | Oct 2021 | - | Director |
| Mr Ayuba Aleshe | 61 years | Oct 2021 | - | Director | |
| Mr Enoch Makinde | United Kingdom | 62 years | Oct 2021 | - | Director |
| Pastor Blessing Molomo | 60 years | Oct 2021 | - | Director |
P&L
March 2024turnover
89.3k
+4%
operating profit
118.7
0%
gross margin
27.9%
+6.67%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
13.3k
+0.01%
total assets
13.9k
+0.01%
cash
0
0%
net assets
Total assets minus all liabilities
cornerstone foundation (global) limited company details
company number
04586128
Type
Private Ltd By Guarantee w/o Share Cap
industry
88990 - Other social work activities without accommodation n.e.c.
incorporation date
November 2002
age
23
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
March 2024
previous names
cornerstone foundation (international) limited (March 2008)
cornerstone bible fellowship association limited (November 2007)
accountant
-
auditor
-
address
2nd floor, 123 fonthill road, london, N4 3HH
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
cornerstone foundation (global) 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 cornerstone foundation (global) limited.
cornerstone foundation (global) limited 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 CORNERSTONE FOUNDATION (GLOBAL) LIMITED. This can take several minutes, an email will notify you when this has completed.
cornerstone foundation (global) limited Companies House Filings - See Documents
| date | description | view/download |
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