soul church ltd
soul church ltd Company Information
Group Structure
View All
Industry
Other personal service activities n.e.c.
Registered Address
soul church & nursery, heartsease lane, norwich, NR7 9NT
Website
www.soulchurch.comsoul church ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUL CHURCH LTD at £3.7m based on a Turnover of £5.1m and 0.74x industry multiple (adjusted for size and gross margin).
soul church ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUL CHURCH LTD at £22.3m based on an EBITDA of £4.6m and a 4.87x industry multiple (adjusted for size and gross margin).
soul church ltd Estimated Valuation
Pomanda estimates the enterprise value of SOUL CHURCH LTD at £26m based on Net Assets of £13.3m and 1.96x industry multiple (adjusted for liquidity).
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Soul Church Ltd Overview
Soul Church Ltd is a live company located in norwich, NR7 9NT with a Companies House number of 07260215. It operates in the other service activities n.e.c. sector, SIC Code 96090. Founded in May 2010, it's largest shareholder is unknown. Soul Church Ltd is a established, mid sized company, Pomanda has estimated its turnover at £5.1m with rapid growth in recent years.
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Soul Church Ltd Health Check
Pomanda's financial health check has awarded Soul Church Ltd a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 2 areas for improvement. Company Health Check FAQs
8 Strong
2 Regular
2 Weak
Size
annual sales of £5.1m, make it larger than the average company (£845.4k)
£5.1m - Soul Church Ltd
£845.4k - Industry AVG
Growth
3 year (CAGR) sales growth of 47%, show it is growing at a faster rate (8.2%)
47% - Soul Church Ltd
8.2% - Industry AVG
Production
with a gross margin of 39.8%, this company has a comparable cost of product (39.8%)
39.8% - Soul Church Ltd
39.8% - Industry AVG
Profitability
an operating margin of 89.3% make it more profitable than the average company (5.8%)
89.3% - Soul Church Ltd
5.8% - Industry AVG
Employees
with 50 employees, this is above the industry average (14)
50 - Soul Church Ltd
14 - Industry AVG
Pay Structure
on an average salary of £17.2k, the company has a lower pay structure (£29k)
£17.2k - Soul Church Ltd
£29k - Industry AVG
Efficiency
resulting in sales per employee of £101.2k, this is more efficient (£73.3k)
£101.2k - Soul Church Ltd
£73.3k - Industry AVG
Debtor Days
it gets paid by customers after 28 days, this is near the average (27 days)
28 days - Soul Church Ltd
27 days - Industry AVG
Creditor Days
its suppliers are paid after 6 days, this is quicker than average (37 days)
6 days - Soul Church Ltd
37 days - Industry AVG
Stock Days
it holds stock equivalent to 0 days, this is less than average (32 days)
0 days - Soul Church Ltd
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 18 weeks, this is less cash available to meet short term requirements (58 weeks)
18 weeks - Soul Church Ltd
58 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 19.8%, this is a lower level of debt than the average (37.7%)
19.8% - Soul Church Ltd
37.7% - Industry AVG
SOUL CHURCH LTD financials
Soul Church Ltd's latest turnover from March 2024 is £5.1 million and the company has net assets of £13.3 million. According to their latest financial statements, Soul Church Ltd has 50 employees and maintains cash reserves of £298.4 thousand 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 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 5,058,071 | 3,629,805 | 4,679,994 | 1,597,711 | 2,142,145 | 1,866,788 | 1,529,617 | 846,242 | 710,797 | 478,935 | 428,873 | 341,526 | 315,802 | |
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | 457,258 | |||||||||||||
| Interest Payable | 15,554 | 17,307 | 22,700 | 20,291 | 18,285 | 11,998 | ||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | 3,270,720 | 2,112,227 | 3,203,197 | 457,258 | 807,961 | 724,157 | 518,133 | 122,379 | -265,733 | -56,067 | 113,457 | 6,646 | 57,697 | |
| Tax | 841 | |||||||||||||
| Profit After Tax | 3,270,720 | 2,112,227 | 3,203,197 | 458,099 | 807,961 | 724,157 | 518,133 | 122,379 | -265,733 | -56,067 | 113,457 | 6,646 | 57,697 | |
| Dividends Paid | ||||||||||||||
| Retained Profit | 3,270,720 | 2,112,227 | 3,203,197 | 458,099 | 807,961 | 724,157 | 518,133 | 122,379 | -265,733 | -56,067 | 113,457 | 6,646 | 57,697 | |
| Employee Costs | 858,151 | 784,864 | 731,867 | 633,112 | 609,185 | 554,616 | 451,284 | 324,406 | 273,459 | 177,433 | 90,958 | 89,608 | 55,989 | |
| Number Of Employees | 50 | 46 | 50 | 48 | 36 | 40 | 33 | 29 | 22 | 19 | 12 | 14 | 15 | |
| EBITDA* | 518,255 |
* 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 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 15,717,608 | 8,951,151 | 3,545,877 | 2,500,775 | 2,392,016 | 2,395,126 | 2,358,396 | 2,304,863 | 2,281,928 | 2,582,567 | 3,610,622 | 3,630,024 | 3,624,899 | |
| Intangible Assets | ||||||||||||||
| Investments & Other | 1 | 1 | 1 | |||||||||||
| Debtors (Due After 1 year) | ||||||||||||||
| Total Fixed Assets | 15,717,608 | 8,951,151 | 3,545,877 | 2,500,775 | 2,392,017 | 2,395,127 | 2,358,397 | 2,304,863 | 2,281,928 | 2,582,567 | 3,610,622 | 3,630,024 | 3,624,899 | |
| Stock & work in progress | 516 | 352 | 550 | 3,275 | ||||||||||
| Trade Debtors | 401,775 | 487,590 | 451,935 | 289,114 | 349,471 | 195,671 | 129,552 | 28,629 | 18,177 | 20,985 | 20,350 | 12,420 | 16,803 | |
| Group Debtors | 1,249 | |||||||||||||
| Misc Debtors | 104,914 | 10,737 | 1,981,484 | 1,361 | ||||||||||
| Cash | 298,422 | 1,827,709 | 1,957,681 | 1,924,145 | 1,522,279 | 1,061,720 | 461,682 | 166,628 | 78,340 | 98,490 | 268,119 | 185,575 | 208,179 | |
| misc current assets | ||||||||||||||
| total current assets | 805,627 | 2,326,388 | 4,391,100 | 2,213,809 | 1,871,750 | 1,258,640 | 595,870 | 195,257 | 96,517 | 119,475 | 288,469 | 197,995 | 224,982 | |
| total assets | 16,523,235 | 11,277,539 | 7,936,977 | 4,714,584 | 4,263,767 | 3,653,767 | 2,954,267 | 2,500,120 | 2,378,445 | 2,702,042 | 3,899,091 | 3,828,019 | 3,849,881 | |
| Bank overdraft | 205,981 | 53,906 | 53,906 | 53,906 | 53,906 | 53,906 | ||||||||
| Bank loan | 53,906 | 36,292 | ||||||||||||
| Trade Creditors | 50,633 | 17,262 | 27,515 | 26,877 | 19,268 | 30,312 | 13,502 | 13,130 | 7,449 | 8,640 | 3,616 | 6,606 | 7,986 | |
| Group/Directors Accounts | 3,578 | 1 | ||||||||||||
| other short term finances | 89,191 | 1,231,181 | ||||||||||||
| hp & lease commitments | ||||||||||||||
| other current liabilities | 695,462 | 49,536 | 42,129 | 23,571 | 36,290 | 23,314 | 28,854 | 52,451 | 14,888 | 19,823 | 4,648 | 4,567 | 10,707 | |
| total current liabilities | 835,286 | 1,297,979 | 69,644 | 50,448 | 59,136 | 259,607 | 96,263 | 119,487 | 76,243 | 82,369 | 62,170 | 65,079 | 54,985 | |
| loans | 2,437,669 | 188,001 | 228,763 | 272,711 | 324,449 | 485,630 | 525,106 | 563,708 | ||||||
| hp & lease commitments | ||||||||||||||
| Accruals and Deferred Income | ||||||||||||||
| other liabilities | ||||||||||||||
| provisions | ||||||||||||||
| total long term liabilities | 2,437,669 | 188,001 | 228,763 | 272,711 | 324,449 | 485,630 | 525,106 | 563,708 | ||||||
| total liabilities | 3,272,955 | 1,297,979 | 69,644 | 50,448 | 59,136 | 259,607 | 284,264 | 348,250 | 348,954 | 406,818 | 547,800 | 590,185 | 618,693 | |
| net assets | 13,250,280 | 9,979,560 | 7,867,333 | 4,664,136 | 4,204,631 | 3,394,160 | 2,670,003 | 2,151,870 | 2,029,491 | 2,295,224 | 3,351,291 | 3,237,834 | 3,231,188 | |
| total shareholders funds | 13,250,280 | 9,979,560 | 7,867,333 | 4,664,136 | 4,204,631 | 3,394,160 | 2,670,003 | 2,151,870 | 2,029,491 | 2,295,224 | 3,351,291 | 3,237,834 | 3,231,188 |
| 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 | Jun 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 457,258 | |||||||||||||
| Depreciation | 50,691 | 41,646 | 48,731 | 60,997 | 88,556 | 118,981 | 83,726 | 65,004 | 395,581 | 43,954 | 26,098 | 32,399 | 24,660 | |
| Amortisation | ||||||||||||||
| Tax | 841 | |||||||||||||
| Stock | 164 | 352 | -550 | 550 | -3,275 | 3,275 | ||||||||
| Debtors | 8,362 | -1,935,092 | 2,144,305 | -60,357 | 152,551 | 66,007 | 102,284 | 10,452 | -2,808 | 635 | 7,930 | -4,383 | 16,803 | |
| Creditors | 33,371 | -10,253 | 638 | 7,609 | -11,044 | 16,810 | 372 | 5,681 | -1,191 | 5,024 | -2,990 | -1,380 | 7,986 | |
| Accruals and Deferred Income | 645,926 | 7,407 | 18,558 | -12,719 | 12,976 | -5,540 | -23,597 | 37,563 | -4,935 | 15,175 | 81 | -6,140 | 10,707 | |
| Deferred Taxes & Provisions | ||||||||||||||
| Cash flow from operations | 573,793 | |||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | -136,232 | -86,079 | -94,842 | |||||||||||
| Change in Investments | -1 | 1 | ||||||||||||
| cash flow from investments | 1 | -136,233 | -86,079 | -94,842 | ||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | -53,906 | 17,614 | 36,292 | |||||||||||
| Group/Directors Accounts | -3,578 | 3,578 | -1 | 1 | ||||||||||
| Other Short Term Loans | -1,141,990 | 1,231,181 | ||||||||||||
| Long term loans | 2,437,669 | -188,001 | -40,762 | -43,948 | -51,738 | -161,181 | -39,476 | -38,602 | 563,708 | |||||
| Hire Purchase and Lease Commitments | ||||||||||||||
| other long term liabilities | ||||||||||||||
| share issue | ||||||||||||||
| interest | -15,554 | -17,307 | -22,700 | -20,291 | -18,285 | -11,998 | ||||||||
| cash flow from financing | 1,295,679 | 1,231,181 | -2,172 | 6,088 | -188,002 | -40,761 | -59,502 | -69,045 | -1,183,881 | -113,673 | -39,273 | 3,761,493 | ||
| cash and cash equivalents | ||||||||||||||
| cash | -1,529,287 | -129,972 | 33,536 | 401,866 | 460,559 | 600,038 | 295,054 | 88,288 | -20,150 | -169,629 | 82,544 | -22,604 | 208,179 | |
| overdraft | -205,981 | 152,075 | 53,906 | |||||||||||
| change in cash | -1,529,287 | -129,972 | 33,536 | 401,866 | 666,540 | 447,963 | 295,054 | 88,288 | -20,150 | -169,629 | 28,638 | -22,604 | 208,179 |
soul church ltd Credit Report and Business Information
Soul Church Ltd Competitor Analysis
Perform a competitor analysis for soul church ltd by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other mid companies, companies in NR7 area or any other competitors across 12 key performance metrics.
soul church ltd Ownership
SOUL CHURCH LTD group structure
Soul Church Ltd has no subsidiary companies.
Ultimate parent company
SOUL CHURCH LTD
07260215
soul church ltd directors
Soul Church Ltd currently has 6 directors. The longest serving directors include Mr Mark Hollinger (May 2014) and Mr John Norman (Jun 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Hollinger | England | 52 years | May 2014 | - | Director |
| Mr John Norman | England | 46 years | Jun 2014 | - | Director |
| Mr Steven Mawston | England | 55 years | Jan 2019 | - | Director |
| Mr Richard Nash | 69 years | Jul 2019 | - | Director | |
| Mrs Susan Knights | England | 53 years | Feb 2020 | - | Director |
| Mr William McKinney | England | 64 years | Nov 2023 | - | Director |
P&L
March 2024turnover
5.1m
+39%
operating profit
4.5m
0%
gross margin
39.9%
-2.27%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
13.3m
+0.33%
total assets
16.5m
+0.47%
cash
298.4k
-0.84%
net assets
Total assets minus all liabilities
soul church ltd company details
company number
07260215
Type
Private Ltd By Guarantee w/o Share Cap
industry
96090 - Other personal service activities n.e.c.
incorporation date
May 2010
age
15
incorporated
UK
ultimate parent company
accounts
Group
last accounts submitted
March 2024
previous names
norwich family life church (April 2015)
accountant
-
auditor
SEXTY & CO
address
soul church & nursery, heartsease lane, norwich, NR7 9NT
Bank
-
Legal Advisor
-
soul church ltd 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 6 charges/mortgages relating to soul church ltd. Currently there are 3 open charges and 3 have been satisfied in the past.
soul church ltd 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 SOUL CHURCH LTD. This can take several minutes, an email will notify you when this has completed.
soul church ltd Companies House Filings - See Documents
| date | description | view/download |
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