redeemed christian church of god new life assembly borehamwood
redeemed christian church of god new life assembly borehamwood Company Information
Company Number
08768971
Next Accounts
Sep 2025
Industry
Activities of religious organisations
Shareholders
-
Group Structure
View All
Contact
Registered Address
202 chells way, stevenage, hertfordshire, SG2 0LZ
redeemed christian church of god new life assembly borehamwood Estimated Valuation
Pomanda estimates the enterprise value of REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD at £783.5k based on a Turnover of £1.7m and 0.47x industry multiple (adjusted for size and gross margin).
redeemed christian church of god new life assembly borehamwood Estimated Valuation
Pomanda estimates the enterprise value of REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD at £0 based on an EBITDA of £-2.5k and a 2.3x industry multiple (adjusted for size and gross margin).
redeemed christian church of god new life assembly borehamwood Estimated Valuation
Pomanda estimates the enterprise value of REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD at £341.1k based on Net Assets of £140.4k and 2.43x industry multiple (adjusted for liquidity).
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Redeemed Christian Church Of God New Life Assembly Borehamwood Overview
Redeemed Christian Church Of God New Life Assembly Borehamwood is a live company located in hertfordshire, SG2 0LZ with a Companies House number of 08768971. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in November 2013, it's largest shareholder is unknown. Redeemed Christian Church Of God New Life Assembly Borehamwood is a established, small sized company, Pomanda has estimated its turnover at £1.7m with rapid growth in recent years.
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Redeemed Christian Church Of God New Life Assembly Borehamwood Health Check
Pomanda's financial health check has awarded Redeemed Christian Church Of God New Life Assembly Borehamwood a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
4 Weak
Size
annual sales of £1.7m, make it larger than the average company (£317.1k)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
£317.1k - Industry AVG
Growth
3 year (CAGR) sales growth of 48%, show it is growing at a faster rate (3.5%)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
3.5% - Industry AVG
Production
with a gross margin of 32.8%, this company has a higher cost of product (88%)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
88% - Industry AVG
Profitability
an operating margin of -0.1% make it less profitable than the average company (0.9%)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
0.9% - Industry AVG
Employees
with 15 employees, this is above the industry average (6)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
6 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £112k, this is more efficient (£63.5k)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
£63.5k - Industry AVG
Debtor Days
it gets paid by customers after 30 days, this is later than average (6 days)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
6 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (25 days)
- Redeemed Christian Church Of God New Life Assembly Borehamwood
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Redeemed Christian Church Of God New Life Assembly Borehamwood
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Redeemed Christian Church Of God New Life Assembly Borehamwood
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.3%, this is a lower level of debt than the average (5.4%)
0.3% - Redeemed Christian Church Of God New Life Assembly Borehamwood
5.4% - Industry AVG
REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD financials
Redeemed Christian Church Of God New Life Assembly Borehamwood's latest turnover from December 2023 is estimated at £1.7 million and the company has net assets of £140.4 thousand. According to their latest financial statements, we estimate that Redeemed Christian Church Of God New Life Assembly Borehamwood has 15 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 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 | 1 | |||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 140,701 | 143,597 | 145,704 | 142,079 | 139,317 | 182,371 | 83,196 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 129,636 | 124,879 | 79,516 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 140,701 | 143,597 | 145,704 | 142,079 | 139,317 | 182,371 | 83,196 | 129,636 | 124,879 | 79,516 |
| total assets | 140,701 | 143,597 | 145,704 | 142,079 | 139,317 | 182,371 | 83,196 | 129,636 | 124,879 | 79,516 |
| 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 | 350 | 700 | 0 | 350 | 350 | 350 | 350 | 350 | 350 | 350 |
| 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 | 350 | 700 | 0 | 350 | 350 | 350 | 350 | 350 | 350 | 350 |
| 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 | 0 | 0 | 350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 350 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 350 | 700 | 350 | 350 | 350 | 350 | 350 | 350 | 350 | 350 |
| net assets | 140,351 | 142,897 | 145,354 | 141,729 | 138,967 | 182,021 | 82,846 | 129,286 | 124,529 | 79,166 |
| total shareholders funds | 140,351 | 142,897 | 145,354 | 141,729 | 138,967 | 182,021 | 82,846 | 129,286 | 124,529 | 79,166 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Nov 2019 | Nov 2018 | Nov 2017 | Nov 2016 | Nov 2015 | Nov 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -2,896 | -2,107 | 3,625 | 2,762 | -43,054 | 99,175 | 83,196 | 0 | 0 | 0 |
| Creditors | -350 | 700 | -350 | 0 | 0 | 0 | 0 | 0 | 0 | 350 |
| 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 | 0 | -350 | 350 | 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 | -129,636 | 4,757 | 45,363 | 79,516 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -129,636 | 4,757 | 45,363 | 79,516 |
redeemed christian church of god new life assembly borehamwood Credit Report and Business Information
Redeemed Christian Church Of God New Life Assembly Borehamwood Competitor Analysis
Perform a competitor analysis for redeemed christian church of god new life assembly borehamwood by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SG2 area or any other competitors across 12 key performance metrics.
redeemed christian church of god new life assembly borehamwood Ownership
REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD group structure
Redeemed Christian Church Of God New Life Assembly Borehamwood has no subsidiary companies.
Ultimate parent company
REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD
08768971
redeemed christian church of god new life assembly borehamwood directors
Redeemed Christian Church Of God New Life Assembly Borehamwood currently has 3 directors. The longest serving directors include Ms Funmilayo Adetunji (Nov 2013) and Mr Lucky Albert (Nov 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Funmilayo Adetunji | 48 years | Nov 2013 | - | Director | |
| Mr Lucky Albert | 57 years | Nov 2013 | - | Director | |
| Mrs Jelilat Dada | 51 years | Dec 2015 | - | Director |
P&L
December 2023turnover
1.7m
-1%
operating profit
-2.5k
0%
gross margin
32.9%
+34.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
140.4k
-0.02%
total assets
140.7k
-0.02%
cash
0
0%
net assets
Total assets minus all liabilities
redeemed christian church of god new life assembly borehamwood company details
company number
08768971
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
November 2013
age
12
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
rccg new life assembly borehamwood ltd (July 2014)
accountant
-
auditor
-
address
202 chells way, stevenage, hertfordshire, SG2 0LZ
Bank
-
Legal Advisor
-
redeemed christian church of god new life assembly borehamwood 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 redeemed christian church of god new life assembly borehamwood.
redeemed christian church of god new life assembly borehamwood 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 REDEEMED CHRISTIAN CHURCH OF GOD NEW LIFE ASSEMBLY BOREHAMWOOD. This can take several minutes, an email will notify you when this has completed.
redeemed christian church of god new life assembly borehamwood Companies House Filings - See Documents
| date | description | view/download |
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