corner stone (korean) church
corner stone (korean) church Company Information
Company Number
06219161
Website
https://cornerstonetv.comRegistered Address
13 approach road, london, SW20 8BA
Industry
Activities of religious organisations
Telephone
-
Next Accounts Due
January 2025
Group Structure
View All
Directors
Oon Park17 Years
Shareholders
-0%
corner stone (korean) church Estimated Valuation
Pomanda estimates the enterprise value of CORNER STONE (KOREAN) CHURCH at £155.6k based on a Turnover of £39.5k and 3.94x industry multiple (adjusted for size and gross margin).
corner stone (korean) church Estimated Valuation
Pomanda estimates the enterprise value of CORNER STONE (KOREAN) CHURCH at £0 based on an EBITDA of £-3.6k and a 19.84x industry multiple (adjusted for size and gross margin).
corner stone (korean) church Estimated Valuation
Pomanda estimates the enterprise value of CORNER STONE (KOREAN) CHURCH at £0 based on Net Assets of £-31.6k and 2.89x industry multiple (adjusted for liquidity).
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Corner Stone (korean) Church Overview
Corner Stone (korean) Church is a live company located in london, SW20 8BA with a Companies House number of 06219161. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in April 2007, it's largest shareholder is unknown. Corner Stone (korean) Church is a established, micro sized company, Pomanda has estimated its turnover at £39.5k with healthy growth in recent years.
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Corner Stone (korean) Church Health Check
Pomanda's financial health check has awarded Corner Stone (Korean) Church a 1.5 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
2 Strong
1 Regular
6 Weak
Size
annual sales of £39.5k, make it smaller than the average company (£287.8k)
£39.5k - Corner Stone (korean) Church
£287.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 11%, show it is growing at a faster rate (1.5%)
11% - Corner Stone (korean) Church
1.5% - Industry AVG
Production
with a gross margin of 79.5%, this company has a comparable cost of product (79.5%)
79.5% - Corner Stone (korean) Church
79.5% - Industry AVG
Profitability
an operating margin of -9.6% make it less profitable than the average company (0.6%)
-9.6% - Corner Stone (korean) Church
0.6% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - Corner Stone (korean) Church
6 - Industry AVG
Pay Structure
on an average salary of £10.9k, the company has a lower pay structure (£22.1k)
£10.9k - Corner Stone (korean) Church
£22.1k - Industry AVG
Efficiency
resulting in sales per employee of £39.5k, this is less efficient (£57.6k)
£39.5k - Corner Stone (korean) Church
£57.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Corner Stone (korean) Church
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Corner Stone (korean) Church
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Corner Stone (korean) Church
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is less cash available to meet short term requirements (381 weeks)
11 weeks - Corner Stone (korean) Church
381 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 441.2%, this is a higher level of debt than the average (5.3%)
441.2% - Corner Stone (korean) Church
5.3% - Industry AVG
CORNER STONE (KOREAN) CHURCH financials
Corner Stone (Korean) Church's latest turnover from April 2023 is £39.5 thousand and the company has net assets of -£31.6 thousand. According to their latest financial statements, Corner Stone (Korean) Church has 1 employee and maintains cash reserves of £8.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 39,452 | 27,650 | 17,170 | 29,112 | 37,584 | 30,055 | 40,761 | 47,259 | 49,486 | 51,844 | 46,039 | 50,158 | 52,699 | 57,827 |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 | 423 | 196 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -3,364 | 839 | 4,141 | -2,571 | 2,803 | 1,546 | 1,262 | -2,431 | -6,309 | -909 | -2,234 | -1,781 | 2,961 | -1,199 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -3,364 | 839 | 4,141 | -2,571 | 2,803 | 1,546 | 1,262 | -2,431 | -6,309 | -909 | -2,234 | -1,781 | 2,961 | -1,199 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -3,364 | 839 | 4,141 | -2,571 | 2,803 | 1,546 | 1,262 | -2,431 | -6,309 | -909 | -2,234 | -1,781 | 2,961 | -1,199 |
| Employee Costs | 10,855 | 9,888 | 9,760 | 9,760 | 9,760 | 9,793 | 11,616 | 23,917 | 26,251 | 24,439 | 12,620 | 12,676 | 12,794 | 12,805 |
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 404 | 539 | 719 | 959 | 1,279 | 512 | 2,114 | 2,818 | 3,757 | 4,581 | 6,107 | 7,563 | 9,284 | 12,378 |
| Intangible Assets | 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 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 404 | 539 | 719 | 959 | 1,279 | 512 | 2,114 | 2,818 | 3,757 | 4,581 | 6,107 | 7,563 | 9,284 | 12,378 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 651 | 0 | 798 | 798 | 798 | 1,023 | 798 | 798 | 0 | 0 | 0 | 0 |
| Group Debtors | 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 |
| Cash | 8,704 | 10,794 | 8,687 | 6,356 | 12,770 | 5,266 | 5,981 | 6,186 | 2,480 | 4,290 | 4,205 | 5,205 | 4,805 | 3,353 |
| misc current assets | 142 | 0 | 244 | 115 | 123 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 8,846 | 10,794 | 9,582 | 6,471 | 13,691 | 6,064 | 6,779 | 7,209 | 3,278 | 5,088 | 4,205 | 5,205 | 4,805 | 3,353 |
| total assets | 9,250 | 11,333 | 10,301 | 7,430 | 14,970 | 6,576 | 8,893 | 10,027 | 7,035 | 9,669 | 10,312 | 12,768 | 14,089 | 15,731 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3,567 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 39,526 | 0 | 0 | 0 | 0 | 0 | 46,239 | 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 finances | 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 |
| other current liabilities | 40,806 | 0 | 39,331 | 40,602 | 45,571 | 39,980 | 43,843 | 0 | 40,816 | 37,141 | 36,876 | 37,096 | 36,637 | 37,672 |
| total current liabilities | 40,806 | 39,526 | 39,331 | 40,602 | 45,571 | 39,980 | 43,843 | 46,239 | 40,816 | 37,141 | 36,876 | 37,096 | 36,637 | 41,239 |
| loans | 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 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 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 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 40,806 | 39,526 | 39,331 | 40,602 | 45,571 | 39,980 | 43,843 | 46,239 | 40,816 | 37,141 | 36,876 | 37,096 | 36,637 | 41,239 |
| net assets | -31,556 | -28,193 | -29,030 | -33,172 | -30,601 | -33,404 | -34,950 | -36,212 | -33,781 | -27,472 | -26,564 | -24,328 | -22,548 | -25,508 |
| total shareholders funds | -31,556 | -28,193 | -29,030 | -33,172 | -30,601 | -33,404 | -34,950 | -36,212 | -33,781 | -27,472 | -26,564 | -24,328 | -22,548 | -25,508 |
| Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 135 | 180 | 240 | 320 | 426 | 171 | 705 | 939 | 1,253 | 1,527 | 2,036 | 2,521 | 3,095 | 4,126 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 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 | 0 | -651 | 651 | -798 | 0 | 0 | -225 | 225 | 0 | 798 | 0 | 0 | 0 | 0 |
| Creditors | -39,526 | 39,526 | 0 | 0 | 0 | 0 | -46,239 | 46,239 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 40,806 | -39,331 | -1,271 | -4,969 | 5,591 | -3,863 | 43,843 | -40,816 | 3,675 | 265 | -220 | 459 | -1,035 | 37,672 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||||||
| 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 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5 | 0 | 0 | -423 | -196 |
| cash flow from financing | 1 | -2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | -4 | -2 | 1 | -424 | -24,505 |
| cash and cash equivalents | ||||||||||||||
| cash | -2,090 | 2,107 | 2,331 | -6,414 | 7,504 | -715 | -205 | 3,706 | -1,810 | 85 | -1,000 | 400 | 1,452 | 3,353 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3,567 | 3,567 |
| change in cash | -2,090 | 2,107 | 2,331 | -6,414 | 7,504 | -715 | -205 | 3,706 | -1,810 | 85 | -1,000 | 400 | 5,019 | -214 |
corner stone (korean) church Credit Report and Business Information
Corner Stone (korean) Church Competitor Analysis
Perform a competitor analysis for corner stone (korean) church by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SW20 area or any other competitors across 12 key performance metrics.
corner stone (korean) church Ownership
CORNER STONE (KOREAN) CHURCH group structure
Corner Stone (Korean) Church has no subsidiary companies.
Ultimate parent company
CORNER STONE (KOREAN) CHURCH
06219161
corner stone (korean) church directors
Corner Stone (Korean) Church currently has 1 director, Oon Park serving since Apr 2007.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Oon Park | 69 years | Apr 2007 | - | Director |
P&L
April 2023turnover
39.5k
+43%
operating profit
-3.8k
0%
gross margin
79.5%
+51.72%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2023net assets
-31.6k
+0.12%
total assets
9.3k
-0.18%
cash
8.7k
-0.19%
net assets
Total assets minus all liabilities
corner stone (korean) church company details
company number
06219161
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
April 2007
age
17
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
corner stone church (September 2007)
last accounts submitted
April 2023
address
13 approach road, london, SW20 8BA
accountant
S KWON
auditor
-
corner stone (korean) church 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 corner stone (korean) church.
corner stone (korean) church Companies House Filings - See Documents
| date | description | view/download |
|---|
