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Abundant Life Family Churches Limited

03562095

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

FIRST FLOOR NORTH, HIGH WYCOMBE, HP11 2EE
Incorporated 12/05/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Professor Abimbola Olowofoyeku

director · Since 25/01/2007

PROFESSOR OF LAW

BRITISH · UNITED KINGDOM · Age 66

Also on 1 other board

Mr Joel Oluwasiji Akinsipe

director · Since 01/02/2009

IT CONSULTANT

BRITISH · ENGLAND · Age 51

Also on 2 other boards

Stephanie Olowofoyeku

director · Since 01/02/2009

TEACHER

BRITISH · UNITED KINGDOM · Age 64

Mrs Doris Akinsipe

secretary · Since 04/01/2018

CompanyRankvs 679+ SIC 94910 peers
71

Financial strength82th percentile among SIC peers · 21/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 34.35× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength21/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/05/2018

Net Worth

£146k

Balance sheet strength

Cash

£144k

Cash in the bank

Net Current Assets

£145k

Working capital

Current Assets

£149k

Current Liabilities

£4k

Fixed Assets

£463

Debtors

£6k

Balance Sheet

Assets less current liabilities£146k
Signed by Professor A OlowofoyekuPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
201834.35

Derived from filed accounts. Not audited figures.