the ethiopian christian fellowship (uk)
the ethiopian christian fellowship (uk) Company Information
Company Number
09653290
Next Accounts
Dec 2024
Industry
Activities of religious organisations
Shareholders
-
Group Structure
View All
Contact
Registered Address
178 kings cross road, london, WC1X 9DE
Website
http://ecfcuk.orgthe ethiopian christian fellowship (uk) Estimated Valuation
Pomanda estimates the enterprise value of THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK) at £202.9k based on a Turnover of £213.7k and 0.95x industry multiple (adjusted for size and gross margin).
the ethiopian christian fellowship (uk) Estimated Valuation
Pomanda estimates the enterprise value of THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK) at £198.6k based on an EBITDA of £42.1k and a 4.72x industry multiple (adjusted for size and gross margin).
the ethiopian christian fellowship (uk) Estimated Valuation
Pomanda estimates the enterprise value of THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK) at £5.9m based on Net Assets of £2.3m and 2.59x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
The Ethiopian Christian Fellowship (uk) Overview
The Ethiopian Christian Fellowship (uk) is a live company located in london, WC1X 9DE with a Companies House number of 09653290. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in June 2015, it's largest shareholder is unknown. The Ethiopian Christian Fellowship (uk) is a young, micro sized company, Pomanda has estimated its turnover at £213.7k with declining growth in recent years.
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The Ethiopian Christian Fellowship (uk) Health Check
Pomanda's financial health check has awarded The Ethiopian Christian Fellowship (Uk) a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £213.7k, make it smaller than the average company (£284.1k)
£213.7k - The Ethiopian Christian Fellowship (uk)
£284.1k - Industry AVG
Growth
3 year (CAGR) sales growth of -6%, show it is growing at a slower rate (1.2%)
-6% - The Ethiopian Christian Fellowship (uk)
1.2% - Industry AVG
Production
with a gross margin of 56.7%, this company has a comparable cost of product (56.7%)
56.7% - The Ethiopian Christian Fellowship (uk)
56.7% - Industry AVG
Profitability
an operating margin of -6.7% make it less profitable than the average company (2.9%)
-6.7% - The Ethiopian Christian Fellowship (uk)
2.9% - Industry AVG
Employees
with 2 employees, this is below the industry average (6)
2 - The Ethiopian Christian Fellowship (uk)
6 - Industry AVG
Pay Structure
on an average salary of £19.7k, the company has an equivalent pay structure (£21.6k)
£19.7k - The Ethiopian Christian Fellowship (uk)
£21.6k - Industry AVG
Efficiency
resulting in sales per employee of £106.9k, this is more efficient (£55.6k)
£106.9k - The Ethiopian Christian Fellowship (uk)
£55.6k - Industry AVG
Debtor Days
it gets paid by customers after 50 days, this is later than average (6 days)
50 days - The Ethiopian Christian Fellowship (uk)
6 days - Industry AVG
Creditor Days
its suppliers are paid after 27 days, this is close to average (25 days)
27 days - The Ethiopian Christian Fellowship (uk)
25 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - The Ethiopian Christian Fellowship (uk)
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 1706 weeks, this is more cash available to meet short term requirements (403 weeks)
1706 weeks - The Ethiopian Christian Fellowship (uk)
403 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 0.8%, this is a lower level of debt than the average (5%)
0.8% - The Ethiopian Christian Fellowship (uk)
5% - Industry AVG
THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK) financials
The Ethiopian Christian Fellowship (Uk)'s latest turnover from March 2023 is £213.7 thousand and the company has net assets of £2.3 million. According to their latest financial statements, The Ethiopian Christian Fellowship (Uk) has 2 employees and maintains cash reserves of £594.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | 213,714 | 164,388 | 139,393 | 260,081 | 250,625 | 304,482 | 2,354,707 | |
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pre-Tax Profit | 9,015 | 17,084 | 2,460 | 63,871 | 63,921 | 44,917 | 2,067,545 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 9,015 | 17,084 | 2,460 | 63,871 | 63,921 | 44,917 | 2,067,545 | |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Retained Profit | 9,015 | 17,084 | 2,460 | 63,871 | 63,921 | 44,917 | 2,067,545 | |
| Employee Costs | 39,477 | 16,008 | 15,980 | 15,493 | 18,029 | 78,795 | 112,657 | |
| Number Of Employees | 2 | 1 | 1 | 1 | 1 | 4 | 5 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 1,660,394 | 1,637,522 | 1,686,902 | 1,738,494 | 1,761,674 | 1,767,851 | 1,801,903 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,660,394 | 1,637,522 | 1,686,902 | 1,738,494 | 1,761,674 | 1,767,851 | 1,801,903 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 29,827 | 20,237 | 0 | 25,705 | 0 | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,552 | 12,989 | 27,766 | 6,899 | 33,097 | 41,057 | 63,557 | 0 |
| Cash | 594,140 | 602,054 | 533,408 | 480,726 | 385,468 | 310,651 | 218,443 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 626,519 | 635,280 | 561,174 | 513,330 | 418,565 | 351,708 | 282,000 | 0 |
| total assets | 2,286,913 | 2,272,802 | 2,248,076 | 2,251,824 | 2,180,239 | 2,119,559 | 2,083,903 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,000 | 1,193 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 11,100 | 11,811 | 5,362 | 11,570 | 3,856 | 7,097 | 16,358 | 0 |
| total current liabilities | 18,100 | 13,004 | 5,362 | 11,570 | 3,856 | 7,097 | 16,358 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 18,100 | 13,004 | 5,362 | 11,570 | 3,856 | 7,097 | 16,358 | 0 |
| net assets | 2,268,813 | 2,259,798 | 2,242,714 | 2,240,254 | 2,176,383 | 2,112,462 | 2,067,545 | 0 |
| total shareholders funds | 2,268,813 | 2,259,798 | 2,242,714 | 2,240,254 | 2,176,383 | 2,112,462 | 2,067,545 | 0 |
| Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 56,395 | 49,380 | 52,315 | 52,244 | 46,628 | 40,753 | 39,535 | |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -847 | 5,460 | -4,838 | -493 | -7,960 | -22,500 | 63,557 | 0 |
| Creditors | 5,807 | 1,193 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | -711 | 6,449 | -6,208 | 7,714 | -3,241 | -9,261 | 16,358 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash flow from financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| cash and cash equivalents | ||||||||
| cash | -7,914 | 68,646 | 52,682 | 95,258 | 74,817 | 92,208 | 218,443 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,914 | 68,646 | 52,682 | 95,258 | 74,817 | 92,208 | 218,443 | 0 |
the ethiopian christian fellowship (uk) Credit Report and Business Information
The Ethiopian Christian Fellowship (uk) Competitor Analysis
Perform a competitor analysis for the ethiopian christian fellowship (uk) by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in WC1X area or any other competitors across 12 key performance metrics.
the ethiopian christian fellowship (uk) Ownership
THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK) group structure
The Ethiopian Christian Fellowship (Uk) has no subsidiary companies.
Ultimate parent company
THE ETHIOPIAN CHRISTIAN FELLOWSHIP (UK)
09653290
the ethiopian christian fellowship (uk) directors
The Ethiopian Christian Fellowship (Uk) currently has 7 directors. The longest serving directors include Mr Abebe Shiferaw (Dec 2017) and Mr Abraham Seyoum-Zerfue (Dec 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Abebe Shiferaw | United Kingdom | 62 years | Dec 2017 | - | Director |
| Mr Abraham Seyoum-Zerfue | United Kingdom | 61 years | Dec 2017 | - | Director |
| Mrs Zerfnesh Abegaz | United Kingdom | 71 years | Dec 2017 | - | Director |
| Mrs Luam Kidane | United Kingdom | 47 years | Dec 2017 | - | Director |
| Mr Makonnen Masresha Asfaw | England | 59 years | Dec 2022 | - | Director |
| Mr Gizaw Wolde Yohannes | 76 years | Dec 2022 | - | Director | |
| Mr Huriso Roma | England | 60 years | Mar 2023 | - | Director |
P&L
March 2023turnover
213.7k
+30%
operating profit
-14.3k
0%
gross margin
56.7%
+18.91%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2023net assets
2.3m
0%
total assets
2.3m
+0.01%
cash
594.1k
-0.01%
net assets
Total assets minus all liabilities
the ethiopian christian fellowship (uk) company details
company number
09653290
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
June 2015
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2023
previous names
N/A
accountant
EMMANUEL ODURO ATUAH
auditor
-
address
178 kings cross road, london, WC1X 9DE
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
the ethiopian christian fellowship (uk) 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 ethiopian christian fellowship (uk).
the ethiopian christian fellowship (uk) 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 ETHIOPIAN CHRISTIAN FELLOWSHIP (UK). This can take several minutes, an email will notify you when this has completed.
the ethiopian christian fellowship (uk) Companies House Filings - See Documents
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