marvellous light ministries international
marvellous light ministries international Company Information
Company Number
06302788
Website
-Registered Address
71-75 shelton street, covent garden, london, WC2H 9JQ
Industry
Activities of religious organisations
Telephone
01934273730
Next Accounts Due
April 2025
Group Structure
View All
Shareholders
-0%
marvellous light ministries international Estimated Valuation
Pomanda estimates the enterprise value of MARVELLOUS LIGHT MINISTRIES INTERNATIONAL at £702k based on a Turnover of £177.4k and 3.96x industry multiple (adjusted for size and gross margin).
marvellous light ministries international Estimated Valuation
Pomanda estimates the enterprise value of MARVELLOUS LIGHT MINISTRIES INTERNATIONAL at £322.3k based on an EBITDA of £16.2k and a 19.91x industry multiple (adjusted for size and gross margin).
marvellous light ministries international Estimated Valuation
Pomanda estimates the enterprise value of MARVELLOUS LIGHT MINISTRIES INTERNATIONAL at £225.7k based on Net Assets of £78.1k and 2.89x industry multiple (adjusted for liquidity).
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Marvellous Light Ministries International Overview
Marvellous Light Ministries International is a live company located in london, WC2H 9JQ with a Companies House number of 06302788. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in July 2007, it's largest shareholder is unknown. Marvellous Light Ministries International is a established, micro sized company, Pomanda has estimated its turnover at £177.4k with rapid growth in recent years.
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Marvellous Light Ministries International Health Check
Pomanda's financial health check has awarded Marvellous Light Ministries International a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 2 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
2 Weak
Size
annual sales of £177.4k, make it smaller than the average company (£289.3k)
- Marvellous Light Ministries International
£289.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 41%, show it is growing at a faster rate (1.8%)
- Marvellous Light Ministries International
1.8% - Industry AVG
Production
with a gross margin of 79.5%, this company has a comparable cost of product (79.5%)
- Marvellous Light Ministries International
79.5% - Industry AVG
Profitability
an operating margin of 8.6% make it more profitable than the average company (0.7%)
- Marvellous Light Ministries International
0.7% - Industry AVG
Employees
with 3 employees, this is below the industry average (6)
3 - Marvellous Light Ministries International
6 - Industry AVG
Pay Structure
on an average salary of £22.3k, the company has an equivalent pay structure (£22.3k)
- Marvellous Light Ministries International
£22.3k - Industry AVG
Efficiency
resulting in sales per employee of £59.1k, this is equally as efficient (£59.1k)
- Marvellous Light Ministries International
£59.1k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Marvellous Light Ministries International
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Marvellous Light Ministries International
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Marvellous Light Ministries International
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3368 weeks, this is more cash available to meet short term requirements (383 weeks)
3368 weeks - Marvellous Light Ministries International
383 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.5%, this is a lower level of debt than the average (5.3%)
1.5% - Marvellous Light Ministries International
5.3% - Industry AVG
MARVELLOUS LIGHT MINISTRIES INTERNATIONAL financials
Marvellous Light Ministries International's latest turnover from July 2023 is estimated at £177.4 thousand and the company has net assets of £78.1 thousand. According to their latest financial statements, Marvellous Light Ministries International has 3 employees and maintains cash reserves of £77.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 58,927 | 63,788 | 63,935 | 31,738 | 46,655 | 42,906 | 34,117 | 35,386 | 28,101 | 37,735 | 28,006 | 27,034 | 32,337 | ||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pre-Tax Profit | 21,524 | 17,948 | 14,857 | -7,045 | -10,401 | 1,804 | -219 | 5,419 | -2,484 | 4,688 | 1,663 | -7,996 | -8,541 | ||
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Profit After Tax | 21,524 | 17,948 | 14,857 | -7,045 | -10,401 | 1,804 | -219 | 5,419 | -2,484 | 4,688 | 1,663 | -7,996 | -8,541 | ||
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Retained Profit | 21,524 | 17,948 | 14,857 | -7,045 | -10,401 | 1,804 | -219 | 5,419 | -2,484 | 4,688 | 1,663 | -7,996 | -8,541 | ||
| Employee Costs | 19,600 | 18,933 | 16,867 | 19,433 | 24,391 | 19,833 | 20,000 | 19,213 | 17,092 | 20,523 | 16,321 | 19,024 | 18,722 | ||
| Number Of Employees | 3 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 4 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,071 | 332 | 767 | 1,199 | 202 | 908 | 3,321 | 3,752 | 28 | 268 | 508 | 230 | 1 | 2,913 | 6,486 |
| 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 | 1,071 | 332 | 767 | 1,199 | 202 | 908 | 3,321 | 3,752 | 28 | 268 | 508 | 230 | 1 | 2,913 | 6,486 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 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 | 502 | 930 | 0 | 31 | 19 | 27 | 717 | 616 | 213 | 257 | 579 | 198 | 185 | 81 | 634 |
| Cash | 77,742 | 63,907 | 48,513 | 26,472 | 9,804 | 4,712 | 8,400 | 8,358 | 10,765 | 10,702 | 4,409 | 7,543 | 2,995 | 1,037 | 2,226 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 78,244 | 64,837 | 48,513 | 26,503 | 9,823 | 4,739 | 9,117 | 8,974 | 10,978 | 10,959 | 4,988 | 7,741 | 3,180 | 1,118 | 2,860 |
| total assets | 79,315 | 65,169 | 49,280 | 27,702 | 10,025 | 5,647 | 12,438 | 12,726 | 11,006 | 11,227 | 5,496 | 7,971 | 3,181 | 4,031 | 9,346 |
| 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 | 0 | 0 | 0 | 0 | 0 | 11,944 | 0 | 0 | 0 | 350 | 0 | 0 | 0 | 471 | 642 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,167 | 335 |
| 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 | 1,200 | 1,200 | 1,248 | 1,194 | 1,465 | 0 | 11,595 | 1,482 | 1,566 | 1,218 | 1,256 | 1,247 | 1,145 | 1,020 | 0 |
| total current liabilities | 1,200 | 1,200 | 1,248 | 1,194 | 1,465 | 11,944 | 11,595 | 1,482 | 1,566 | 1,568 | 1,256 | 1,247 | 1,145 | 3,658 | 977 |
| 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 | 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 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 1,200 | 1,200 | 1,248 | 1,194 | 1,465 | 11,944 | 11,595 | 1,482 | 1,566 | 1,568 | 1,256 | 1,247 | 1,145 | 3,658 | 977 |
| net assets | 78,115 | 63,969 | 48,032 | 26,508 | 8,560 | -6,297 | 843 | 11,244 | 9,440 | 9,659 | 4,240 | 6,724 | 2,036 | 373 | 8,369 |
| total shareholders funds | 78,115 | 63,969 | 48,032 | 26,508 | 8,560 | -6,297 | 843 | 11,244 | 9,440 | 9,659 | 4,240 | 6,724 | 2,036 | 373 | 8,369 |
| Jul 2023 | Jul 2022 | Jul 2021 | Jul 2020 | Jul 2019 | Jul 2018 | Jul 2017 | Jul 2016 | Jul 2015 | Jul 2014 | Jul 2013 | Jul 2012 | Jul 2011 | Jul 2010 | Jul 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 868 | 435 | 431 | 309 | 706 | 918 | 1,476 | 1,003 | 240 | 240 | 240 | 13 | 0 | 3,573 | 3,572 |
| Amortisation | 0 | 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 | ||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -428 | 930 | -31 | 12 | -8 | -690 | 101 | 403 | -44 | -322 | 381 | 13 | 104 | -553 | 634 |
| Creditors | 0 | 0 | 0 | 0 | -11,944 | 11,944 | 0 | 0 | -350 | 350 | 0 | 0 | -471 | -171 | 642 |
| Accruals and Deferred Income | 0 | -48 | 54 | -271 | 1,465 | -11,595 | 10,113 | -84 | 348 | -38 | 9 | 102 | 125 | 1,020 | 0 |
| 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 | -2,167 | 1,832 | 335 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| cash flow from financing | 0 | 0 | 0 | -95 | 0 | 0 | 0 | 0 | 0 | 0 | -2,167 | 1,832 | 17,245 | ||
| cash and cash equivalents | |||||||||||||||
| cash | 13,835 | 15,394 | 22,041 | 16,668 | 5,092 | -3,688 | 42 | -2,407 | 63 | 6,293 | -3,134 | 4,548 | 1,958 | -1,189 | 2,226 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 13,835 | 15,394 | 22,041 | 16,668 | 5,092 | -3,688 | 42 | -2,407 | 63 | 6,293 | -3,134 | 4,548 | 1,958 | -1,189 | 2,226 |
marvellous light ministries international Credit Report and Business Information
Marvellous Light Ministries International Competitor Analysis
Perform a competitor analysis for marvellous light ministries international by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WC2H area or any other competitors across 12 key performance metrics.
marvellous light ministries international Ownership
MARVELLOUS LIGHT MINISTRIES INTERNATIONAL group structure
Marvellous Light Ministries International has no subsidiary companies.
Ultimate parent company
MARVELLOUS LIGHT MINISTRIES INTERNATIONAL
06302788
marvellous light ministries international directors
Marvellous Light Ministries International currently has 3 directors. The longest serving directors include Archbishop Malcolm Wilson (Jul 2007) and Mr Kelvin Hopkins (Aug 2008).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Archbishop Malcolm Wilson | United Kingdom | 77 years | Jul 2007 | - | Director |
| Mr Kelvin Hopkins | United Kingdom | 71 years | Aug 2008 | - | Director |
| Mrs Margaret Wilson | United Kingdom | 79 years | Jul 2015 | - | Director |
P&L
July 2023turnover
177.4k
+8%
operating profit
15.3k
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
July 2023net assets
78.1k
+0.22%
total assets
79.3k
+0.22%
cash
77.7k
+0.22%
net assets
Total assets minus all liabilities
marvellous light ministries international company details
company number
06302788
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
July 2007
age
17
incorporated
UK
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
last accounts submitted
July 2023
address
71-75 shelton street, covent garden, london, WC2H 9JQ
accountant
-
auditor
-
marvellous light ministries international 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 marvellous light ministries international.
marvellous light ministries international Companies House Filings - See Documents
| date | description | view/download |
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