reading family church
reading family church Company Information
Group Structure
View All
Industry
Activities of religious organisations
Registered Address
448a basingstoke road, reading, RG2 0RX
reading family church Estimated Valuation
Pomanda estimates the enterprise value of READING FAMILY CHURCH at £794.9k based on a Turnover of £1.2m and 0.65x industry multiple (adjusted for size and gross margin).
reading family church Estimated Valuation
Pomanda estimates the enterprise value of READING FAMILY CHURCH at £820.3k based on an EBITDA of £254.7k and a 3.22x industry multiple (adjusted for size and gross margin).
reading family church Estimated Valuation
Pomanda estimates the enterprise value of READING FAMILY CHURCH at £7.4m based on Net Assets of £3m and 2.45x industry multiple (adjusted for liquidity).
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Reading Family Church Overview
Reading Family Church is a live company located in reading, RG2 0RX with a Companies House number of 08039827. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in April 2012, it's largest shareholder is unknown. Reading Family Church is a established, small sized company, Pomanda has estimated its turnover at £1.2m with healthy growth in recent years.
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Reading Family Church Health Check
Pomanda's financial health check has awarded Reading Family Church a 5 rating. We use a traffic light system to show it exceeds the industry average on 8 measures and has 1 areas for improvement. Company Health Check FAQs
8 Strong
1 Regular
1 Weak
Size
annual sales of £1.2m, make it larger than the average company (£318.3k)
£1.2m - Reading Family Church
£318.3k - Industry AVG
Growth
3 year (CAGR) sales growth of 14%, show it is growing at a faster rate (3.5%)
14% - Reading Family Church
3.5% - Industry AVG
Production
with a gross margin of 88%, this company has a comparable cost of product (88%)
88% - Reading Family Church
88% - Industry AVG
Profitability
an operating margin of 20.4% make it more profitable than the average company (0.9%)
20.4% - Reading Family Church
0.9% - Industry AVG
Employees
with 16 employees, this is above the industry average (6)
16 - Reading Family Church
6 - Industry AVG
Pay Structure
on an average salary of £30.4k, the company has a higher pay structure (£23.8k)
£30.4k - Reading Family Church
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £76.2k, this is more efficient (£63.6k)
£76.2k - Reading Family Church
£63.6k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Reading Family Church
- - Industry AVG
Creditor Days
its suppliers are paid after 42 days, this is slower than average (23 days)
42 days - Reading Family Church
23 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Reading Family Church
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 4102 weeks, this is more cash available to meet short term requirements (353 weeks)
4102 weeks - Reading Family Church
353 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.2%, this is a lower level of debt than the average (5.4%)
1.2% - Reading Family Church
5.4% - Industry AVG
READING FAMILY CHURCH financials
Reading Family Church's latest turnover from December 2023 is £1.2 million and the company has net assets of £3 million. According to their latest financial statements, Reading Family Church has 16 employees and maintains cash reserves of £3 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 1,218,912 | 940,667 | 780,829 | 821,456 | 917,630 | 1,131,938 | 871,700 | 629,848 | 600,165 | 569,827 | 481,616 | 478,346 |
| Other Income Or Grants | ||||||||||||
| Cost Of Sales | ||||||||||||
| Gross Profit | ||||||||||||
| Admin Expenses | ||||||||||||
| Operating Profit | ||||||||||||
| Interest Payable | ||||||||||||
| Interest Receivable | ||||||||||||
| Pre-Tax Profit | 297,042 | 136,766 | 111,964 | 253,533 | 352,452 | 560,692 | 369,448 | 114,227 | 153,881 | 200,659 | 115,583 | 373,115 |
| Tax | ||||||||||||
| Profit After Tax | 297,042 | 136,766 | 111,964 | 253,533 | 352,452 | 560,692 | 369,448 | 114,227 | 153,881 | 200,659 | 115,583 | 373,115 |
| Dividends Paid | ||||||||||||
| Retained Profit | 297,042 | 136,766 | 111,964 | 253,533 | 352,452 | 560,692 | 369,448 | 114,227 | 153,881 | 200,659 | 115,583 | 373,115 |
| Employee Costs | 486,026 | 426,839 | 352,569 | 334,837 | 290,679 | 297,278 | 290,076 | 288,020 | 235,335 | 202,497 | 175,123 | 55,933 |
| Number Of Employees | 16 | 16 | 15 | 8 | 8 | 8 | 6 | 5 | 4 | 4 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 26,771 | 27,814 | 28,488 | 21,710 | 11,932 | 6,216 | 9,165 | 11,883 | 14,617 | 13,720 | 18,519 | 19,173 |
| Intangible Assets | ||||||||||||
| Investments & Other | ||||||||||||
| Debtors (Due After 1 year) | ||||||||||||
| Total Fixed Assets | 26,771 | 27,814 | 28,488 | 21,710 | 11,932 | 6,216 | 9,165 | 11,883 | 14,617 | 13,720 | 18,519 | 19,173 |
| Stock & work in progress | ||||||||||||
| Trade Debtors | 1,675 | |||||||||||
| Group Debtors | ||||||||||||
| Misc Debtors | 92,209 | 73,263 | 45,534 | 38,106 | 43,106 | 415,771 | 73,228 | 14,333 | 50,785 | 37,732 | 29,227 | 20,191 |
| Cash | 2,957,870 | 2,669,809 | 2,561,773 | 2,448,846 | 2,214,622 | 1,498,050 | 1,266,345 | 962,048 | 786,087 | 648,229 | 457,516 | 339,698 |
| misc current assets | ||||||||||||
| total current assets | 3,050,079 | 2,744,747 | 2,607,307 | 2,486,952 | 2,257,728 | 1,913,821 | 1,339,573 | 976,381 | 836,872 | 685,961 | 486,743 | 359,889 |
| total assets | 3,076,850 | 2,772,561 | 2,635,795 | 2,508,662 | 2,269,660 | 1,920,037 | 1,348,738 | 988,264 | 851,489 | 699,681 | 505,262 | 379,062 |
| Bank overdraft | ||||||||||||
| Bank loan | ||||||||||||
| Trade Creditors | 16,999 | 15,522 | 7,503 | 9,575 | 15,814 | 5,247 | ||||||
| Group/Directors Accounts | ||||||||||||
| other short term finances | ||||||||||||
| hp & lease commitments | ||||||||||||
| other current liabilities | 20,491 | 14,721 | 30,243 | 15,074 | 29,605 | 24,934 | 14,327 | 16,300 | 750 | 750 | 750 | 700 |
| total current liabilities | 37,490 | 30,243 | 30,243 | 15,074 | 29,605 | 24,934 | 14,327 | 16,300 | 8,253 | 10,325 | 16,564 | 5,947 |
| loans | ||||||||||||
| hp & lease commitments | ||||||||||||
| Accruals and Deferred Income | ||||||||||||
| other liabilities | 7,500 | 7,500 | 14,500 | |||||||||
| provisions | ||||||||||||
| total long term liabilities | 7,500 | 7,500 | 14,500 | |||||||||
| total liabilities | 37,490 | 30,243 | 30,243 | 15,074 | 29,605 | 32,434 | 21,827 | 30,800 | 8,253 | 10,325 | 16,564 | 5,947 |
| net assets | 3,039,360 | 2,742,318 | 2,605,552 | 2,493,588 | 2,240,055 | 1,887,603 | 1,326,911 | 957,464 | 843,236 | 689,356 | 488,698 | 373,115 |
| total shareholders funds | 3,039,360 | 2,742,318 | 2,605,552 | 2,493,588 | 2,240,055 | 1,887,603 | 1,326,911 | 957,464 | 843,236 | 689,356 | 488,698 | 373,115 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||
| Operating Profit | ||||||||||||
| Depreciation | 6,341 | 5,906 | 10,359 | 8,478 | 7,264 | 3,673 | 3,618 | 3,483 | 12,304 | 11,606 | 10,585 | 54 |
| Amortisation | ||||||||||||
| Tax | ||||||||||||
| Stock | ||||||||||||
| Debtors | 17,271 | 29,404 | 7,428 | -5,000 | -372,665 | 342,543 | 58,895 | -36,452 | 13,053 | 8,505 | 9,036 | 20,191 |
| Creditors | 1,477 | 15,522 | -7,503 | -2,072 | -6,239 | 10,567 | 5,247 | |||||
| Accruals and Deferred Income | 5,770 | -15,522 | 15,169 | -14,531 | 4,671 | 10,607 | -1,973 | 15,550 | 50 | 700 | ||
| Deferred Taxes & Provisions | ||||||||||||
| Cash flow from operations | ||||||||||||
| Investing Activities | ||||||||||||
| capital expenditure | -725 | -900 | -750 | |||||||||
| Change in Investments | ||||||||||||
| cash flow from investments | -725 | -900 | -750 | |||||||||
| Financing Activities | ||||||||||||
| Bank loans | ||||||||||||
| Group/Directors Accounts | ||||||||||||
| Other Short Term Loans | ||||||||||||
| Long term loans | ||||||||||||
| Hire Purchase and Lease Commitments | ||||||||||||
| other long term liabilities | -7,500 | -7,000 | 14,500 | |||||||||
| share issue | ||||||||||||
| interest | ||||||||||||
| cash flow from financing | -7,500 | -7,001 | 14,501 | -1 | -1 | |||||||
| cash and cash equivalents | ||||||||||||
| cash | 288,061 | 108,036 | 112,927 | 234,224 | 716,572 | 231,705 | 304,297 | 175,961 | 137,858 | 190,713 | 117,818 | 339,698 |
| overdraft | ||||||||||||
| change in cash | 288,061 | 108,036 | 112,927 | 234,224 | 716,572 | 231,705 | 304,297 | 175,961 | 137,858 | 190,713 | 117,818 | 339,698 |
reading family church Credit Report and Business Information
Reading Family Church Competitor Analysis
Perform a competitor analysis for reading family church by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in RG2 area or any other competitors across 12 key performance metrics.
reading family church Ownership
READING FAMILY CHURCH group structure
Reading Family Church has no subsidiary companies.
Ultimate parent company
READING FAMILY CHURCH
08039827
reading family church directors
Reading Family Church currently has 7 directors. The longest serving directors include Mr Sean Green (Apr 2012) and Mrs Natasha Davidson (Jan 2020).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Sean Green | 57 years | Apr 2012 | - | Director | |
| Mrs Natasha Davidson | United Kingdom | 37 years | Jan 2020 | - | Director |
| Mr Matthew Blake | United Kingdom | 39 years | Sep 2020 | - | Director |
| Dr Peter Chigada | United Kingdom | 47 years | May 2022 | - | Director |
| Mr Peter Harley | United Kingdom | 36 years | May 2022 | - | Director |
| Mrs Kathryn Twine | United Kingdom | 41 years | Sep 2023 | - | Director |
| Mr Stephen Mitchell | United Kingdom | 44 years | Jan 2024 | - | Director |
P&L
December 2023turnover
1.2m
+30%
operating profit
248.3k
0%
gross margin
88%
-4.73%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
3m
+0.11%
total assets
3.1m
+0.11%
cash
3m
+0.11%
net assets
Total assets minus all liabilities
reading family church company details
company number
08039827
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
April 2012
age
13
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
BRUTON CHARLES
address
448a basingstoke road, reading, RG2 0RX
Bank
HSBC BANK PLC
Legal Advisor
CLIFTON INGRAM LLP
reading family 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 reading family church.
reading family church 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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reading family church Companies House Filings - See Documents
| date | description | view/download |
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