the co-mission initiative trust
the co-mission initiative trust Company Information
Company Number
08848067
Next Accounts
May 2025
Industry
Activities of religious organisations
Shareholders
-
Group Structure
View All
Contact
Registered Address
577 kingston road, london, SW20 8SA
Website
www.co-mission.orgthe co-mission initiative trust Estimated Valuation
Pomanda estimates the enterprise value of THE CO-MISSION INITIATIVE TRUST at £769.7k based on a Turnover of £1.1m and 0.71x industry multiple (adjusted for size and gross margin).
the co-mission initiative trust Estimated Valuation
Pomanda estimates the enterprise value of THE CO-MISSION INITIATIVE TRUST at £0 based on an EBITDA of £-149.6k and a 3.54x industry multiple (adjusted for size and gross margin).
the co-mission initiative trust Estimated Valuation
Pomanda estimates the enterprise value of THE CO-MISSION INITIATIVE TRUST at £631.3k based on Net Assets of £243.5k and 2.59x industry multiple (adjusted for liquidity).
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The Co-mission Initiative Trust Overview
The Co-mission Initiative Trust is a live company located in london, SW20 8SA with a Companies House number of 08848067. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in January 2014, it's largest shareholder is unknown. The Co-mission Initiative Trust is a established, small sized company, Pomanda has estimated its turnover at £1.1m with healthy growth in recent years.
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The Co-mission Initiative Trust Health Check
Pomanda's financial health check has awarded The Co-Mission Initiative Trust a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
1 Regular
3 Weak
Size
annual sales of £1.1m, make it larger than the average company (£299.8k)
£1.1m - The Co-mission Initiative Trust
£299.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a faster rate (2%)
6% - The Co-mission Initiative Trust
2% - Industry AVG
Production
with a gross margin of 88%, this company has a comparable cost of product (88%)
88% - The Co-mission Initiative Trust
88% - Industry AVG
Profitability
an operating margin of -14% make it less profitable than the average company (3.6%)
-14% - The Co-mission Initiative Trust
3.6% - Industry AVG
Employees
with 14 employees, this is above the industry average (6)
14 - The Co-mission Initiative Trust
6 - Industry AVG
Pay Structure
on an average salary of £39.4k, the company has a higher pay structure (£22.6k)
£39.4k - The Co-mission Initiative Trust
£22.6k - Industry AVG
Efficiency
resulting in sales per employee of £77.2k, this is more efficient (£59.5k)
£77.2k - The Co-mission Initiative Trust
£59.5k - Industry AVG
Debtor Days
it gets paid by customers after 1 days, this is earlier than average (6 days)
1 days - The Co-mission Initiative Trust
6 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - The Co-mission Initiative Trust
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Co-mission Initiative Trust
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 664 weeks, this is more cash available to meet short term requirements (373 weeks)
664 weeks - The Co-mission Initiative Trust
373 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 7.5%, this is a higher level of debt than the average (5.8%)
7.5% - The Co-mission Initiative Trust
5.8% - Industry AVG
THE CO-MISSION INITIATIVE TRUST financials
The Co-Mission Initiative Trust's latest turnover from August 2023 is £1.1 million and the company has net assets of £243.5 thousand. According to their latest financial statements, The Co-Mission Initiative Trust has 14 employees and maintains cash reserves of £253.2 thousand 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 | 1,080,139 | 1,269,393 | 650,486 | 917,399 | 1,136,109 | 1,295,128 | 279,328 | 650,222 | 403,759 | 191,864 |
| Other Income Or Grants | ||||||||||
| Cost Of Sales | ||||||||||
| Gross Profit | ||||||||||
| Admin Expenses | ||||||||||
| Operating Profit | ||||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | -134,788 | 56,495 | -167,599 | -6,944 | -163,377 | 346,594 | -78,466 | 143,663 | 79,121 | 168,850 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -134,788 | 56,495 | -167,599 | -6,944 | -163,377 | 346,594 | -78,466 | 143,663 | 79,121 | 168,850 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | -134,788 | 56,495 | -167,599 | -6,944 | -163,377 | 346,594 | -78,466 | 143,663 | 79,121 | 168,850 |
| Employee Costs | 551,089 | 534,239 | 490,434 | 426,625 | 495,861 | 323,901 | ||||
| Number Of Employees | 14 | 13 | 17 | 12 | 10 | 9 | ||||
| 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 | 5,625 | 7,500 | 10,000 | 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 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 5,625 | 7,500 | 10,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 3,050 | 2,154 | 0 | 0 | 1,916 | 5,355 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 1,500 | 6,500 | 16,249 | 32,186 | 52,575 | 14,871 | 2,050 | 213 | 1,801 | 0 |
| Cash | 253,184 | 382,130 | 298,593 | 451,755 | 447,818 | 644,036 | 313,638 | 393,821 | 248,570 | 171,250 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 257,734 | 390,784 | 314,842 | 483,941 | 502,309 | 664,262 | 315,688 | 394,034 | 250,371 | 171,250 |
| total assets | 263,359 | 398,284 | 324,842 | 493,941 | 502,309 | 664,262 | 315,688 | 394,034 | 250,371 | 171,250 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| 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 | 19,810 | 19,947 | 3,000 | 4,500 | 5,924 | 4,500 | 2,520 | 2,400 | 2,400 | 2,400 |
| total current liabilities | 19,810 | 19,947 | 3,000 | 4,500 | 5,924 | 4,500 | 2,520 | 2,400 | 2,400 | 2,400 |
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 19,810 | 19,947 | 3,000 | 4,500 | 5,924 | 4,500 | 2,520 | 2,400 | 2,400 | 2,400 |
| net assets | 243,549 | 378,337 | 321,842 | 489,441 | 496,385 | 659,762 | 313,168 | 391,634 | 247,971 | 168,850 |
| total shareholders funds | 243,549 | 378,337 | 321,842 | 489,441 | 496,385 | 659,762 | 313,168 | 391,634 | 247,971 | 168,850 |
| 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 | 1,875 | 2,500 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -4,104 | -7,595 | -25,937 | -12,305 | 34,265 | 18,176 | 1,837 | -1,588 | 1,801 | 0 |
| Creditors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -137 | 16,947 | -1,500 | -1,424 | 1,424 | 1,980 | 120 | 0 | 0 | 2,400 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| 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 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash and cash equivalents | ||||||||||
| cash | -128,946 | 83,537 | -153,162 | 3,937 | -196,218 | 330,398 | -80,183 | 145,251 | 77,320 | 171,250 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -128,946 | 83,537 | -153,162 | 3,937 | -196,218 | 330,398 | -80,183 | 145,251 | 77,320 | 171,250 |
the co-mission initiative trust Credit Report and Business Information
The Co-mission Initiative Trust Competitor Analysis
Perform a competitor analysis for the co-mission initiative trust by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other small companies, companies in SW20 area or any other competitors across 12 key performance metrics.
the co-mission initiative trust Ownership
THE CO-MISSION INITIATIVE TRUST group structure
The Co-Mission Initiative Trust has no subsidiary companies.
Ultimate parent company
THE CO-MISSION INITIATIVE TRUST
08848067
the co-mission initiative trust directors
The Co-Mission Initiative Trust currently has 3 directors. The longest serving directors include Mr Philip Cooper (Jan 2014) and Ms Catrin Lee (Nov 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Philip Cooper | England | 60 years | Jan 2014 | - | Director |
| Ms Catrin Lee | England | 41 years | Nov 2018 | - | Director |
| Ms Olubunmi Balogun | England | 52 years | Oct 2020 | - | Director |
P&L
August 2023turnover
1.1m
-15%
operating profit
-151.5k
0%
gross margin
88%
-4.74%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
August 2023net assets
243.5k
-0.36%
total assets
263.4k
-0.34%
cash
253.2k
-0.34%
net assets
Total assets minus all liabilities
the co-mission initiative trust company details
company number
08848067
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
January 2014
age
10
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
August 2023
previous names
the co-mission antioch trust (July 2017)
accountant
-
auditor
BRINDLEY MILLEN LIMITED
address
577 kingston road, london, SW20 8SA
Bank
BARCLAYS BANK PLC
Legal Advisor
-
the co-mission initiative trust 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 co-mission initiative trust.
the co-mission initiative trust 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 THE CO-MISSION INITIATIVE TRUST. This can take several minutes, an email will notify you when this has completed.
the co-mission initiative trust Companies House Filings - See Documents
| date | description | view/download |
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