essential christian
essential christian Company Information
Company Number
06667924
Next Accounts
Jun 2025
Shareholders
-
Group Structure
View All
Industry
Sound recording and music publishing activities
+2Registered Address
14 horsted square, uckfield, east sussex, TN22 1QG
Website
www.essentialchristian.orgessential christian Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £3.5m based on a Turnover of £5.4m and 0.64x industry multiple (adjusted for size and gross margin).
essential christian Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £0 based on an EBITDA of £-194.2k and a 3.33x industry multiple (adjusted for size and gross margin).
essential christian Estimated Valuation
Pomanda estimates the enterprise value of ESSENTIAL CHRISTIAN at £0 based on Net Assets of £-332.2k and 1.95x industry multiple (adjusted for liquidity).
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Essential Christian Overview
Essential Christian is a live company located in east sussex, TN22 1QG with a Companies House number of 06667924. It operates in the sound recording and music publishing activities sector, SIC Code 59200. Founded in August 2008, it's largest shareholder is unknown. Essential Christian is a established, mid sized company, Pomanda has estimated its turnover at £5.4m with healthy growth in recent years.
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Essential Christian Health Check
Pomanda's financial health check has awarded Essential Christian a 4 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 4 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
4 Weak
Size
annual sales of £5.4m, make it larger than the average company (£397.1k)
£5.4m - Essential Christian
£397.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a faster rate (5.6%)
13% - Essential Christian
5.6% - Industry AVG
Production
with a gross margin of 60%, this company has a comparable cost of product (60%)
60% - Essential Christian
60% - Industry AVG
Profitability
an operating margin of -4.4% make it less profitable than the average company (6.9%)
-4.4% - Essential Christian
6.9% - Industry AVG
Employees
with 33 employees, this is above the industry average (4)
33 - Essential Christian
4 - Industry AVG
Pay Structure
on an average salary of £36.6k, the company has an equivalent pay structure (£32.8k)
£36.6k - Essential Christian
£32.8k - Industry AVG
Efficiency
resulting in sales per employee of £164.6k, this is more efficient (£103.3k)
£164.6k - Essential Christian
£103.3k - Industry AVG
Debtor Days
it gets paid by customers after 5 days, this is earlier than average (28 days)
5 days - Essential Christian
28 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (30 days)
7 days - Essential Christian
30 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (21 days)
1 days - Essential Christian
21 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (150 weeks)
18 weeks - Essential Christian
150 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.2%, this is a higher level of debt than the average (50%)
147.2% - Essential Christian
50% - Industry AVG
ESSENTIAL CHRISTIAN financials
Essential Christian's latest turnover from September 2023 is £5.4 million and the company has net assets of -£332.2 thousand. According to their latest financial statements, Essential Christian has 33 employees and maintains cash reserves of £356.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,432,520 | 5,621,266 | 3,517,339 | 3,760,449 | 4,937,460 | 4,129,152 | 4,298,619 | 4,819,854 | 4,736,915 | 3,833,153 | 4,627,629 | 5,205,030 | 5,866,729 | 6,806,898 | 12,287,017 |
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -278,797 | 312,071 | -205,857 | 11,295 | 148,039 | 2,777 | 134,282 | -104,487 | -292,516 | -636,900 | -333,218 | -335,465 | 686,219 | -656,421 | 2,304,298 |
| Tax | |||||||||||||||
| Profit After Tax | -278,797 | 312,071 | -205,857 | 11,295 | 148,039 | 2,777 | 134,282 | -104,487 | -292,516 | -636,900 | -333,218 | -335,465 | 686,219 | -656,421 | 2,304,298 |
| Dividends Paid | |||||||||||||||
| Retained Profit | -278,797 | 312,071 | -205,857 | 11,295 | 148,039 | 2,777 | 134,282 | -104,487 | -292,516 | -638,043 | -332,774 | -337,698 | 683,095 | -664,396 | 2,606,653 |
| Employee Costs | 1,209,244 | 1,165,189 | 1,385,918 | 1,404,607 | 1,287,572 | 1,046,093 | 1,081,414 | 1,263,378 | 1,283,001 | 1,269,934 | 1,287,036 | 1,532,626 | 1,747,475 | 2,137,118 | 2,564,655 |
| Number Of Employees | 33 | 32 | 39 | 45 | 42 | 42 | 37 | 41 | 44 | 41 | 41 | 55 | 63 | 64 | 94 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 62,352 | 64,913 | 80,084 | 104,818 | 97,773 | 116,223 | 81,783 | 110,733 | 155,453 | 178,039 | 149,208 | 562,794 | 2,637,393 | 2,857,332 | 6,447,605 |
| Intangible Assets | 36,447 | 19,162 | 224,159 | ||||||||||||
| Investments & Other | 163,217 | 238,687 | 6 | 2,315,095 | 356,172 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 98,799 | 84,075 | 80,084 | 104,818 | 97,773 | 116,223 | 81,783 | 110,733 | 155,453 | 341,256 | 387,895 | 562,800 | 2,637,393 | 5,172,427 | 7,027,936 |
| Stock & work in progress | 8,507 | 24,630 | 59,499 | 95,253 | 126,436 | 147,525 | 143,559 | 154,192 | 381,518 | 407,820 | 345,075 | 378,324 | 323,244 | 469,015 | 529,478 |
| Trade Debtors | 81,306 | 152,637 | 213,538 | 211,360 | 57,145 | 93,079 | 93,201 | 149,135 | 163,694 | 108,235 | 269,721 | 178,694 | 223,870 | 429,075 | 327,150 |
| Group Debtors | 3,017 | 10,064 | |||||||||||||
| Misc Debtors | 151,022 | 152,599 | 154,720 | 232,892 | 230,508 | 189,727 | 292,670 | 216,999 | 172,587 | 226,657 | 233,788 | 200,464 | 189,838 | 234,373 | 489,417 |
| Cash | 356,234 | 688,353 | 392,818 | 362,328 | 797,855 | 545,342 | 354,506 | 515,810 | 240,715 | 416,398 | 413,472 | 486,418 | 312,280 | 448,824 | 662,735 |
| misc current assets | |||||||||||||||
| total current assets | 597,069 | 1,018,219 | 820,575 | 901,833 | 1,211,944 | 975,673 | 883,936 | 1,036,136 | 958,514 | 1,159,110 | 1,265,073 | 1,243,900 | 1,059,296 | 1,581,287 | 2,008,780 |
| total assets | 695,868 | 1,102,294 | 900,659 | 1,006,651 | 1,309,717 | 1,091,896 | 965,719 | 1,146,869 | 1,113,967 | 1,500,366 | 1,652,968 | 1,806,700 | 3,696,689 | 6,753,714 | 9,036,716 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 46,064 | 52,507 | 82,332 | 14,825 | 205,169 | 159,620 | 32,467 | 177,043 | 209,155 | 241,951 | 272,629 | 237,190 | 346,911 | 514,964 | 531,067 |
| Group/Directors Accounts | 1,036 | 6,864 | |||||||||||||
| other short term finances | 575,000 | 575,000 | 750,000 | 750,000 | 829,136 | 729,454 | 680,742 | 831,023 | 826,199 | 827,902 | 278,593 | 309,442 | 1,034,961 | 875,203 | 3,799,117 |
| hp & lease commitments | |||||||||||||||
| other current liabilities | 402,976 | 524,162 | 429,773 | 397,415 | 442,296 | 517,745 | 570,210 | 590,785 | 447,034 | 342,165 | 302,064 | 365,795 | 390,080 | 510,898 | 846,587 |
| total current liabilities | 1,024,040 | 1,151,669 | 1,262,105 | 1,162,240 | 1,476,601 | 1,406,819 | 1,283,419 | 1,598,851 | 1,482,388 | 1,413,054 | 853,286 | 912,427 | 1,771,952 | 1,907,929 | 5,176,771 |
| loans | 275,000 | 275,000 | 1,255,100 | ||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 697,430 | ||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 972,430 | 275,000 | 1,255,100 | ||||||||||||
| total liabilities | 1,024,040 | 1,151,669 | 1,262,105 | 1,162,240 | 1,476,601 | 1,406,819 | 1,283,419 | 1,598,851 | 1,482,388 | 1,413,054 | 853,286 | 912,427 | 2,744,382 | 2,182,929 | 6,431,871 |
| net assets | -332,160 | -54,691 | -365,021 | -161,404 | -169,457 | -317,459 | -322,182 | -453,390 | -368,723 | 87,312 | 799,234 | 893,381 | 949,183 | 4,562,810 | 2,604,845 |
| total shareholders funds | -332,160 | -54,691 | -365,021 | -161,404 | -169,457 | -317,459 | -322,182 | -453,390 | -368,723 | 87,312 | 799,234 | 893,381 | 949,183 | 4,562,810 | 2,604,845 |
| Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 38,330 | 42,676 | 54,241 | 57,427 | 59,249 | 57,166 | 63,152 | 70,061 | 65,327 | 56,099 | 65,472 | 120,058 | 245,640 | 294,249 | 629,740 |
| Amortisation | 9,028 | 2,922 | |||||||||||||
| Tax | |||||||||||||||
| Stock | -16,123 | -34,869 | -35,754 | -31,183 | -21,089 | 3,966 | -10,633 | -227,326 | -26,302 | 62,745 | -33,249 | 55,080 | -145,771 | -60,463 | 529,478 |
| Debtors | -72,908 | -63,022 | -75,994 | 156,599 | 4,847 | -103,065 | 19,737 | 29,853 | 1,389 | -171,634 | 127,368 | -44,614 | -239,676 | -153,119 | 816,567 |
| Creditors | -6,443 | -29,825 | 67,507 | -190,344 | 45,549 | 127,153 | -144,576 | -32,112 | -32,796 | -30,678 | 35,439 | -109,721 | -168,053 | -16,103 | 531,067 |
| Accruals and Deferred Income | -121,186 | 94,389 | 32,358 | -44,881 | -75,449 | -52,465 | -20,575 | 143,751 | 104,869 | 40,101 | -63,731 | -24,285 | -120,818 | -335,689 | 846,587 |
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | -90,474 | -33,802 | -25,341 | -42,741 | -84,930 | 348,114 | 1,534,541 | -25,701 | -24,100 | -795,225 | |||||
| Change in Investments | -163,217 | -75,470 | 238,681 | 6 | -2,315,095 | 1,958,923 | 356,172 | ||||||||
| cash flow from investments | -90,474 | -33,802 | -25,341 | 120,476 | -9,460 | 109,433 | 1,534,535 | 2,289,394 | -1,983,023 | -1,151,397 | |||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -1,036 | 1,036 | -6,864 | 6,864 | |||||||||||
| Other Short Term Loans | -175,000 | -79,136 | 99,682 | 48,712 | -150,281 | 4,824 | -1,703 | 549,309 | -30,849 | -725,519 | 159,758 | -2,923,914 | 3,799,117 | ||
| Long term loans | -275,000 | -980,100 | 1,255,100 | ||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | -697,430 | 697,430 | |||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | 1,328 | -176,741 | 2,240 | -82,378 | 99,645 | 50,658 | -153,355 | 24,644 | 476,466 | -3,446,398 | -1,274,789 | 5,052,409 | |||
| cash and cash equivalents | |||||||||||||||
| cash | -332,119 | 295,535 | 30,490 | -435,527 | 252,513 | 190,836 | -161,304 | 275,095 | -175,683 | 2,926 | -72,946 | 174,138 | -136,544 | -213,911 | 662,735 |
| overdraft | |||||||||||||||
| change in cash | -332,119 | 295,535 | 30,490 | -435,527 | 252,513 | 190,836 | -161,304 | 275,095 | -175,683 | 2,926 | -72,946 | 174,138 | -136,544 | -213,911 | 662,735 |
essential christian Credit Report and Business Information
Essential Christian Competitor Analysis
Perform a competitor analysis for essential christian by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other mid companies, companies in TN22 area or any other competitors across 12 key performance metrics.
essential christian Ownership
ESSENTIAL CHRISTIAN group structure
Essential Christian has 2 subsidiary companies.
Ultimate parent company
ESSENTIAL CHRISTIAN
06667924
2 subsidiaries
essential christian directors
Essential Christian currently has 8 directors. The longest serving directors include Mr David Dorricott (Aug 2008) and Miss Elaine Duncan (Aug 2012).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Dorricott | 68 years | Aug 2008 | - | Director | |
| Miss Elaine Duncan | Scotland | 66 years | Aug 2012 | - | Director |
| Ms Tania Bright | England | 52 years | Mar 2016 | - | Director |
| Mr Martin Young | United Kingdom | 58 years | Oct 2018 | - | Director |
| Ms Olivia Amartey | England | 63 years | Jul 2021 | - | Director |
| Mrs Debra Green | United Kingdom | 67 years | Jul 2021 | - | Director |
| Rev Christopher Rogers | 46 years | Sep 2021 | - | Director | |
| Mr Hugh Francis | England | 58 years | Nov 2023 | - | Director |
P&L
September 2023turnover
5.4m
-3%
operating profit
-241.5k
0%
gross margin
60.1%
-1.49%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
-332.2k
+5.07%
total assets
695.9k
-0.37%
cash
356.2k
-0.48%
net assets
Total assets minus all liabilities
Similar Companies
essential christian company details
company number
06667924
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
82302 - Activities of conference organizers
59200 - Sound recording and music publishing activities
94910 - Activities of religious organisations
incorporation date
August 2008
age
17
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
September 2023
previous names
memralife group. (March 2017)
eternalfx (January 2009)
accountant
-
auditor
JACOB CAVENAGH & SKEET
address
14 horsted square, uckfield, east sussex, TN22 1QG
Bank
LLOYDS TSB BANK PLC, LLOYDS TSB BANK PLC
Legal Advisor
ANTHONY COLLINS SOLICITORS LLP
essential christian 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 4 charges/mortgages relating to essential christian. Currently there are 1 open charges and 3 have been satisfied in the past.
essential christian 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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essential christian Companies House Filings - See Documents
| date | description | view/download |
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