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Holding Forth The Word Ltd

04473839

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

HOLDING FORTH CHRISTIAN CENTRE BRADWELL ROAD, MILTON KEYNES, MK13 0EJ
Incorporated 29/06/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Mr Olabiyi Olayinka Ajala

director · Since 29/06/2002

REVEREND

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Morakinyo Adekunle Olanrewaju

director · Since 05/01/2015

IT NETWORK CONSULTANT

BRITISH · ENGLAND · Age 67

Also on 2 other boards

Mr Adeleye Olubiyi Adewuyi

director · Since 07/05/2015

IT CONSULTANT

BRITISH · ENGLAND · Age 60

Also on 2 other boards

Persons with Significant Control

Mr Adeleye Olubiyi Adewuyi

25–50% votes
Appoint directors

British · England · Age 60

Holding Forth Christian Centre, Bradwell Road, Milton Keynes, MK13 0EJ

Notified 01/07/2016

Mr Olabiyi Olayinka Ajala

25–50% votes
Appoint directors

British · England · Age 65

Holding Forth Christian Centre, Bradwell Road, Milton Keynes, MK13 0EJ

Notified 01/07/2016

Former PSCs

Dr Adeola Adetoke Vaughan

Ceased 16/10/2025

Ms Idara Alison Osung

Ceased 18/04/2019

Charges1 outstanding

Charge
outstanding

KINGDOM BANK LIMITED

Created 07/03/2016Registered 10/03/2016
charge
satisfied

AIB GROUP (UK) P.L.C

Created 31/05/2007Registered 12/06/2007Satisfied 19/10/2022

CompanyRankvs 73+ SIC 94910 peers
77

Financial strength94th percentile among SIC peers · 24/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 46.73× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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73Holding Forth The Word Ltd
87
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.

Employees13/15 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.

Risk deductions

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/06/2023

Net Worth

£767k

Balance sheet strength

Cash

£285k

Cash in the bank

Net Current Assets

£301k

Working capital

Current Assets

£307k

Current Liabilities

£7k

Fixed Assets

£887k

Debtors

£22k

3avg. employees-1

Balance Sheet

Assets less current liabilities£1.2M
Signed by Rev O.O AjalaPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
202346.73+£41k
202252.31+£19k
2021101.16+£81k
202067.53+£50k
201956.62+£18k
201843.35—

Derived from filed accounts. Not audited figures.