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Matthew Ashimolowo Media Ministries Limited

03676025

active
Private Limited Company
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

41 MAIN ROAD, ROMFORD, RM1 3DL
Incorporated 30/11/1998

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47610
Retail sale of books in specialised stores
47630
Retail sale of music and video recordings in specialised stores
58110
Book publishing
85590
Other education

Officers

Reverend Yemisi Busola Ashimolowo

secretary · Since 30/11/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 13 other boards

Reverend Matthew Abiodun Ashimolowo

director · Since 30/11/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 74

Also on 5 other boards

Reverend Yemisi Busola Ashimolowo

director · Since 30/11/1998

DIRECTOR

BRITISH · UNITED KINGDOM · Age 66

Also on 13 other boards

Persons with Significant Control

Reverend Matthew Abiodun Ashimolowo

75–100% shares

British · United Kingdom · Age 74

41 Main Road, Romford, RM1 3DL

Notified 30/06/2016

CompanyRankvs 108+ SIC 47610 peers
80

Financial strength96th percentile among SIC peers · 24/25
Employees40th percentile among SIC peers · 6/15
LiquidityCurrent ratio 5.16× · 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 strength24/25 pts

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

Employees6/15 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 30/11/2024

Net Worth

£366k

Balance sheet strength

Cash

£20k

Cash in the bank

Net Current Assets

£402k

Working capital

Current Assets

£498k

Current Liabilities

£97k

Fixed Assets

£733

Debtors

£473k

1avg. employees

Tax at Year End

Corp tax£85k

Balance Sheet

Assets less current liabilities£403k
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20245.16+£31k
20234.14+£38k
202210.37+£101k
202110.82+£166k
20202.84+£8k
20197.44-£3k
20185.80

Derived from filed accounts. Not audited figures.