
Company Number
11429520
Next Accounts
Sep 2026
Shareholders
-
Group Structure
View All
Industry
Activities of religious organisations
Registered Address
14 wills avenue, hately heath, west bromwich, west midlands, B71 2QS
Website
www.facebook.comPomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD OLDBURY ON THE ROCK, OLDBURY at £53.5k based on a Turnover of £130.7k and 0.41x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD OLDBURY ON THE ROCK, OLDBURY at £4.6k based on an EBITDA of £2.3k and a 2.02x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of THE REDEEMED CHRISTIAN CHURCH OF GOD OLDBURY ON THE ROCK, OLDBURY at £66.3k based on Net Assets of £27.1k and 2.45x industry multiple (adjusted for liquidity).
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The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury is a live company located in west bromwich, B71 2QS with a Companies House number of 11429520. It operates in the activities of religious organizations sector, SIC Code 94910. Founded in June 2018, it's largest shareholder is unknown. The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury is a young, micro sized company, Pomanda has estimated its turnover at £130.7k with rapid growth in recent years.
Pomanda's financial health check has awarded The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
1 Regular
5 Weak
Size
annual sales of £130.7k, make it smaller than the average company (£314.7k)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
£314.7k - Industry AVG
Growth
3 year (CAGR) sales growth of 44%, show it is growing at a faster rate (7.1%)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
7.1% - Industry AVG
Production
with a gross margin of 23.3%, this company has a higher cost of product (98.8%)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
98.8% - Industry AVG
Profitability
an operating margin of 1.7% make it more profitable than the average company (0%)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
0% - Industry AVG
Employees
with 1 employees, this is below the industry average (6)
1 - The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
6 - Industry AVG
Pay Structure
on an average salary of £23.8k, the company has an equivalent pay structure (£23.8k)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
£23.8k - Industry AVG
Efficiency
resulting in sales per employee of £130.7k, this is more efficient (£63k)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
£63k - Industry AVG
Debtor Days
it gets paid by customers after 76 days, this is later than average (6 days)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
6 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (24 days)
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
24 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 1.1%, this is a lower level of debt than the average (4.7%)
1.1% - The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury
4.7% - Industry AVG
The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury's latest turnover from December 2024 is estimated at £130.7 thousand and the company has net assets of £27.1 thousand. According to their latest financial statements, The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury has 1 employee and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
---|---|---|---|---|---|---|---|
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 | 1 | 1 | 1 | 1 | 1 | |
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
---|---|---|---|---|---|---|---|
Tangible Assets | |||||||
Intangible Assets | |||||||
Investments & Other | |||||||
Debtors (Due After 1 year) | |||||||
Total Fixed Assets | |||||||
Stock & work in progress | |||||||
Trade Debtors | 27,384 | 25,643 | 13,228 | 9,598 | 4,078 | 2,016 | 413 |
Group Debtors | |||||||
Misc Debtors | |||||||
Cash | |||||||
misc current assets | |||||||
total current assets | 27,384 | 25,643 | 13,228 | 9,598 | 4,078 | 2,016 | 413 |
total assets | 27,384 | 25,643 | 13,228 | 9,598 | 4,078 | 2,016 | 413 |
Bank overdraft | |||||||
Bank loan | |||||||
Trade Creditors | 300 | 250 | 250 | ||||
Group/Directors Accounts | |||||||
other short term finances | |||||||
hp & lease commitments | |||||||
other current liabilities | |||||||
total current liabilities | 300 | 250 | 250 | ||||
loans | |||||||
hp & lease commitments | |||||||
Accruals and Deferred Income | |||||||
other liabilities | |||||||
provisions | |||||||
total long term liabilities | |||||||
total liabilities | 300 | 250 | 250 | ||||
net assets | 27,084 | 25,393 | 12,978 | 9,598 | 4,078 | 2,016 | 413 |
total shareholders funds | 27,084 | 25,393 | 12,978 | 9,598 | 4,078 | 2,016 | 413 |
Dec 2024 | Dec 2023 | Dec 2022 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
---|---|---|---|---|---|---|---|
Operating Activities | |||||||
Operating Profit | |||||||
Depreciation | |||||||
Amortisation | |||||||
Tax | |||||||
Stock | |||||||
Debtors | 1,741 | 12,415 | 9,150 | 5,520 | 2,062 | 1,603 | 413 |
Creditors | 50 | 250 | |||||
Accruals and Deferred Income | |||||||
Deferred Taxes & Provisions | |||||||
Cash flow from operations | |||||||
Investing Activities | |||||||
capital expenditure | |||||||
Change in Investments | |||||||
cash flow from investments | |||||||
Financing Activities | |||||||
Bank loans | |||||||
Group/Directors Accounts | |||||||
Other Short Term Loans | |||||||
Long term loans | |||||||
Hire Purchase and Lease Commitments | |||||||
other long term liabilities | |||||||
share issue | |||||||
interest | |||||||
cash flow from financing | |||||||
cash and cash equivalents | |||||||
cash | |||||||
overdraft | |||||||
change in cash |
Perform a competitor analysis for the redeemed christian church of god oldbury on the rock, oldbury by selecting its closest rivals, whether from the OTHER SERVICE ACTIVITIES sector, other micro companies, companies in B71 area or any other competitors across 12 key performance metrics.
THE REDEEMED CHRISTIAN CHURCH OF GOD OLDBURY ON THE ROCK, OLDBURY group structure
The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury has no subsidiary companies.
Ultimate parent company
THE REDEEMED CHRISTIAN CHURCH OF GOD OLDBURY ON THE ROCK, OLDBURY
11429520
The Redeemed Christian Church Of God Oldbury On The Rock, Oldbury currently has 3 directors. The longest serving directors include Mr Emmanuel Folarin (Jun 2018) and Ms Elizabeth Popoola (Jun 2018).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Emmanuel Folarin | 55 years | Jun 2018 | - | Director | |
Ms Elizabeth Popoola | 50 years | Jun 2018 | - | Director | |
Mrs Oluwatoyin Oludayomi | 63 years | Aug 2020 | - | Director |
P&L
December 2024turnover
130.7k
+11%
operating profit
2.3k
0%
gross margin
23.4%
-27.64%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2024net assets
27.1k
+0.07%
total assets
27.4k
+0.07%
cash
0
0%
net assets
Total assets minus all liabilities
company number
11429520
Type
Private Limited by guarantee without Share Capital Exempt from using Limited
industry
94910 - Activities of religious organisations
incorporation date
June 2018
age
7
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
-
address
14 wills avenue, hately heath, west bromwich, west midlands, B71 2QS
Bank
-
Legal Advisor
-
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 oldbury on the rock, oldbury.
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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