the redeemed christian church of god, covenant restoration assembly selly oak birmingham
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Company Information
Company Number
08648281
Next Accounts
May 2025
Shareholders
-
Group Structure
View All
Industry
Activities of religious organisations
Registered Address
126 fordrough, northfield, birmingham, B31 3LS
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Estimated Valuation
Pomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM at £630k based on a Turnover of £1.3m and 0.49x industry multiple (adjusted for size and gross margin).
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Estimated Valuation
Pomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM at £73.8k based on an EBITDA of £30.3k and a 2.44x industry multiple (adjusted for size and gross margin).
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Estimated Valuation
Pomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM at £168k based on Net Assets of £73.8k and 2.28x industry multiple (adjusted for liquidity).
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The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham Overview
The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham is a live company located in birmingham, B31 3LS with a Companies House number of 08648281. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in August 2013, it's largest shareholder is unknown. The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham is a established, small sized company, Pomanda has estimated its turnover at £1.3m with rapid growth in recent years.
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The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham Health Check
Pomanda's financial health check has awarded The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
3 Weak
Size
annual sales of £1.3m, make it larger than the average company (£297.7k)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
£297.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 35%, show it is growing at a faster rate (2%)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
2% - Industry AVG
Production
with a gross margin of 42.7%, this company has a higher cost of product (88%)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
88% - Industry AVG
Profitability
an operating margin of 2.4% make it less profitable than the average company (3.8%)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
3.8% - Industry AVG
Employees
with 13 employees, this is above the industry average (6)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
6 - Industry AVG
Pay Structure
on an average salary of £22.5k, the company has an equivalent pay structure (£22.5k)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
£22.5k - Industry AVG
Efficiency
resulting in sales per employee of £98.1k, this is more efficient (£59.1k)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
£59.1k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (6 days)
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
6 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 4.6%, this is a lower level of debt than the average (5.8%)
4.6% - The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham
5.8% - Industry AVG
THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM financials
The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham's latest turnover from August 2023 is estimated at £1.3 million and the company has net assets of £73.8 thousand. According to their latest financial statements, we estimate that The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham has 13 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | ||||||||||
| Interest Receivable | ||||||||||
| Pre-Tax Profit | ||||||||||
| Tax | ||||||||||
| Profit After Tax | ||||||||||
| Dividends Paid | ||||||||||
| Retained Profit | ||||||||||
| Employee Costs | ||||||||||
| Number Of Employees | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 2,644 | 2,231 | 659 | 804 | 776 | 293 | 261 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 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 |
| Total Fixed Assets | 0 | 0 | 0 | 2,644 | 2,231 | 659 | 804 | 776 | 293 | 261 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 70,103 | 46,062 | 35,778 | 25,975 | 19,415 | 28,283 | 16,800 | 500 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 7,200 | 7,200 | 7,200 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6,151 | 2,458 | 340 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 77,303 | 53,262 | 42,978 | 25,975 | 19,415 | 28,283 | 16,800 | 6,651 | 2,458 | 340 |
| total assets | 77,303 | 53,262 | 42,978 | 28,619 | 21,646 | 28,942 | 17,604 | 7,427 | 2,751 | 601 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 | 0 | 0 | 550 | 500 | 400 | 350 | 300 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 0 | 0 | 0 | 0 | 0 | 550 | 500 | 400 | 350 | 300 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 3,517 | 2,165 | 785 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 3,517 | 2,165 | 785 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 3,517 | 2,165 | 785 | 0 | 0 | 550 | 500 | 400 | 350 | 300 |
| net assets | 73,786 | 51,097 | 42,193 | 28,619 | 21,646 | 28,392 | 17,104 | 7,027 | 2,401 | 301 |
| total shareholders funds | 73,786 | 51,097 | 42,193 | 28,619 | 21,646 | 28,392 | 17,104 | 7,027 | 2,401 | 301 |
| Aug 2023 | Aug 2022 | Aug 2021 | Aug 2020 | Aug 2019 | Aug 2018 | Aug 2017 | Aug 2016 | Aug 2015 | Aug 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 259 | 98 | 87 | ||||
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 24,041 | 10,284 | 17,003 | 6,560 | -8,868 | 11,483 | 16,300 | 500 | 0 | 0 |
| Creditors | 0 | 0 | 0 | 0 | -550 | 50 | 100 | 50 | 50 | 300 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 1,352 | 1,380 | 785 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,151 | 3,693 | 2,118 | 340 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -6,151 | 3,693 | 2,118 | 340 |
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Credit Report and Business Information
The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham Competitor Analysis
Perform a competitor analysis for the redeemed christian church of god, covenant restoration assembly selly oak birmingham by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in B31 area or any other competitors across 12 key performance metrics.
the redeemed christian church of god, covenant restoration assembly selly oak birmingham Ownership
THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM group structure
The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham has no subsidiary companies.
Ultimate parent company
THE REDEEMED CHRISTIAN CHURCH OF GOD, COVENANT RESTORATION ASSEMBLY SELLY OAK BIRMINGHAM
08648281
the redeemed christian church of god, covenant restoration assembly selly oak birmingham directors
The Redeemed Christian Church Of God, Covenant Restoration Assembly Selly Oak Birmingham currently has 4 directors. The longest serving directors include Mrs Eunice Arowolo (Dec 2014) and Mr Samson Fadimu (Oct 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Eunice Arowolo | England | 61 years | Dec 2014 | - | Director |
| Mr Samson Fadimu | United Kingdom | 70 years | Oct 2017 | - | Director |
| Mrs Julianah Amao | United Kingdom | 58 years | Oct 2017 | - | Director |
| Pastor Richard Adekoya | England | 54 years | Oct 2017 | - | Director |
P&L
August 2023turnover
1.3m
+51%
operating profit
30.3k
0%
gross margin
42.8%
+115.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
73.8k
+0.44%
total assets
77.3k
+0.45%
cash
0
0%
net assets
Total assets minus all liabilities
the redeemed christian church of god, covenant restoration assembly selly oak birmingham company details
company number
08648281
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
August 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
August 2023
previous names
N/A
accountant
-
auditor
-
address
126 fordrough, northfield, birmingham, B31 3LS
Bank
-
Legal Advisor
-
the redeemed christian church of god, covenant restoration assembly selly oak birmingham 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 the redeemed christian church of god, covenant restoration assembly selly oak birmingham.
the redeemed christian church of god, covenant restoration assembly selly oak birmingham 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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the redeemed christian church of god, covenant restoration assembly selly oak birmingham Companies House Filings - See Documents
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