tower of life ministries

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tower of life ministries Company Information

Share TOWER OF LIFE MINISTRIES

Company Number

06636951

Shareholders

-

Group Structure

View All

Industry

Activities of religious organisations

 

Registered Address

6 marlesford court rectory lane, wallington, SM6 8DY

tower of life ministries Estimated Valuation

£1k

Pomanda estimates the enterprise value of TOWER OF LIFE MINISTRIES at £1k based on a Turnover of £2.4k and 0.43x industry multiple (adjusted for size and gross margin).

tower of life ministries Estimated Valuation

£0

Pomanda estimates the enterprise value of TOWER OF LIFE MINISTRIES at £0 based on an EBITDA of £-157 and a 2.32x industry multiple (adjusted for size and gross margin).

tower of life ministries Estimated Valuation

£0

Pomanda estimates the enterprise value of TOWER OF LIFE MINISTRIES at £0 based on Net Assets of £-12.1k and 2.92x industry multiple (adjusted for liquidity).

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Tower Of Life Ministries Overview

Tower Of Life Ministries is a live company located in wallington, SM6 8DY with a Companies House number of 06636951. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in July 2008, it's largest shareholder is unknown. Tower Of Life Ministries is a established, micro sized company, Pomanda has estimated its turnover at £2.4k with declining growth in recent years.

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Tower Of Life Ministries Health Check

Pomanda's financial health check has awarded Tower Of Life Ministries a 1 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

Health Check Image
Health Rating1out of 5
positive_score

1 Strong

positive_score

1 Regular

positive_score

7 Weak

size

Size

annual sales of £2.4k, make it smaller than the average company (£304.4k)

£2.4k - Tower Of Life Ministries

£304.4k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -56%, show it is growing at a slower rate (6.8%)

-56% - Tower Of Life Ministries

6.8% - Industry AVG

production

Production

with a gross margin of 19%, this company has a higher cost of product (97.1%)

19% - Tower Of Life Ministries

97.1% - Industry AVG

profitability

Profitability

an operating margin of -6.4% make it less profitable than the average company (0.6%)

-6.4% - Tower Of Life Ministries

0.6% - Industry AVG

employees

Employees

with 1 employees, this is below the industry average (6)

1 - Tower Of Life Ministries

6 - Industry AVG

paystructure

Pay Structure

on an average salary of £23.7k, the company has an equivalent pay structure (£23.7k)

£23.7k - Tower Of Life Ministries

£23.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £2.4k, this is less efficient (£63k)

£2.4k - Tower Of Life Ministries

£63k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Tower Of Life Ministries

- - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 2305 days, this is slower than average (35 days)

2305 days - Tower Of Life Ministries

35 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Tower Of Life Ministries

- - Industry AVG

cashbalance

Cash Balance

There is insufficient data available for this Key Performance Indicator!

- - Tower Of Life Ministries

- - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 3380.4%, this is a higher level of debt than the average (5.2%)

3380.4% - Tower Of Life Ministries

5.2% - Industry AVG

TOWER OF LIFE MINISTRIES financials

EXPORTms excel logo

Tower Of Life Ministries's latest turnover from June 2024 is estimated at £2.4 thousand and the company has net assets of -£12.1 thousand. According to their latest financial statements, we estimate that Tower Of Life Ministries has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover2,43329,49227,54528,46630,65529,6575,7656,77711,42411,60436,13221,5536,971449381
Other Income Or Grants
Cost Of Sales1,97016,89621,88619,52322,35023,9174,7384,7589,46310,38835,12420,7135,987357271
Gross Profit46312,5965,6588,9438,3055,7401,0282,0191,9611,2151,00784098592110
Admin Expenses62011,6806,16212,01414,4688,3721,889-1,8855,8862,684-2,7538861,239-11110
Operating Profit-157916-504-3,071-6,163-2,632-8613,904-3,925-1,4693,760-46-254103
Interest Payable
Interest Receivable1111111
Pre-Tax Profit-157916-504-3,071-6,163-2,632-8603,905-3,924-1,4683,761-45-254104
Tax-229-742-790-27
Profit After Tax-157687-504-3,071-6,163-2,632-8603,163-3,924-1,4682,971-45-25477
Dividends Paid
Retained Profit-157687-504-3,071-6,163-2,632-8603,163-3,924-1,4682,971-45-25477
Employee Costs23,66222,53421,63121,09221,03421,08520,97720,98020,33820,53221,06321,17320,93121,12120,179
Number Of Employees111111111111111
EBITDA*-157916-504-3,071-6,163-2,632-8613,904-3,002-2375,4011,006864469487

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets3683684916568761,1691,5582,0772,7703,6934,9253,1533,3541,0971,463
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets3683684916568761,1691,5582,0772,7703,6934,9253,1533,3541,0971,463
Stock & work in progress
Trade Debtors131652493921481992,500
Group Debtors
Misc Debtors2,5002,500
Cash3883422482451269653191
misc current assets2,5002,5002,5002,500397397397397
total current assets131652492,8922,6482,6992,8882,8422,7482,745523493450588
total assets3683816569053,7683,8174,2574,9655,6126,4417,6703,6763,8471,5472,051
Bank overdraft
Bank loan
Trade Creditors 12,44012,29613,25813,00312,7956,6814,4894,3373,1091,4034,0212,8843,0316621,351
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
total current liabilities12,44012,29613,25813,00312,7956,6814,4894,3373,1091,4034,0212,8843,0316621,351
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities12,44012,29613,25813,00312,7956,6814,4894,3373,1091,4034,0212,8843,0316621,351
net assets-12,072-11,915-12,602-12,098-9,027-2,864-2326282,5035,0383,649792816885700
total shareholders funds-12,072-11,915-12,602-12,098-9,027-2,864-2326282,5035,0383,649792816885700
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit-157916-504-3,071-6,163-2,632-8613,904-3,925-1,4693,760-46-254103
Depreciation9231,2321,6411,0521,118366487
Amortisation
Tax-229-742-790-27
Stock
Debtors-13-152-84-2,6432442,449199-2,5002,500
Creditors144-9622552086,1142,1921521,2281,706-2,6181,137-1472,369-6891,351
Accruals and Deferred Income
Deferred Taxes & Provisions
Cash flow from operations-123-165-220-293-2,889-9084,390-1,296-3553,2488593,233-2471,838
Investing Activities
capital expenditure123165220293389519693-3,413-851-3,375-1,950
Change in Investments
cash flow from investments123165220293389519693-3,413-851-3,375-1,950
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue-5,0381,3892,857-11421185108700
interest1111111
cash flow from financing1-5,0371,3902,858-11322185109700
cash and cash equivalents
cash-388469431193043-138191
overdraft
change in cash-388469431193043-138191

tower of life ministries Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Tower Of Life Ministries Competitor Analysis

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Perform a competitor analysis for tower of life ministries by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in SM6 area or any other competitors across 12 key performance metrics.

tower of life ministries Ownership

TOWER OF LIFE MINISTRIES group structure

Tower Of Life Ministries has no subsidiary companies.

Ultimate parent company

TOWER OF LIFE MINISTRIES

06636951

TOWER OF LIFE MINISTRIES Shareholders

--

tower of life ministries directors

Tower Of Life Ministries currently has 1 director, Mr Olatunde Oyedeji serving since Jun 2024.

officercountryagestartendrole
Mr Olatunde OyedejiEngland63 years Jun 2024- Director

P&L

June 2024

turnover

2.4k

-92%

operating profit

-157

0%

gross margin

19.1%

-55.47%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

June 2024

net assets

-12.1k

+0.01%

total assets

368

-0.03%

cash

0

0%

net assets

Total assets minus all liabilities

tower of life ministries company details

company number

06636951

Type

Private Limited by guarantee without Share Capital Exempt from using Limited

industry

94910 - Activities of religious organisations

incorporation date

July 2008

age

17

incorporated

UK

ultimate parent company

None

accounts

Micro-Entity Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

-

address

6 marlesford court rectory lane, wallington, SM6 8DY

Bank

-

Legal Advisor

-

tower of life 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 did not find charges/mortgages relating to tower of life ministries.

tower of life 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.

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tower of life ministries Companies House Filings - See Documents

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