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Exeter Network Church

05278022

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

48 QUEEN STREET, EXETER, EX4 3SR
Incorporated 04/11/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Mr Tomas Simon Hunt

director · Since 13/04/2022

OPERATIONS MANAGER

BRITISH · UNITED KINGDOM · Age 45

Also on 4 other boards

Mr Paul Stephen Morrish

director · Since 05/12/2022

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 53 other boards

Mr Andrew Edward Hingston

director · Since 26/06/2023

DIRECTOR SAFEGUARDING

BRITISH · ENGLAND · Age 45

Mrs Julia Elizabeth Jolley

director · Since 11/01/2024

CHURCH ENGAGEMENT MANAGER

BRITISH · ENGLAND · Age 49

CompanyRankvs 1500+ SIC 94910 peers
76

Financial strength83th percentile among SIC peers · 21/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.15× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees15/15 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

Going concern doubt: -10 pts

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

Going Concern Doubt

of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. 2.2 Going concern The Trustees assess whether the use of going concern is appropriate i.e. whether any material uncertainties related to events or conditions that may cast significant doubt on the ability

Key FinancialsYear ending 31/12/2024

Net Worth

£159k

Balance sheet strength

Cash

£166k

Cash in the bank

Net Current Assets

£155k

Working capital

Current Assets

£177k

Current Liabilities

£22k

Fixed Assets

£4k

Debtors

£11k

10avg. employees+2

People Costs

Wages & salaries£197k
NI contributions£11k

Balance Sheet

Assets less current liabilities£159k
Interest receivable£845
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20248.15-£20k
202126.91+£44k
202015.20+£53k
20193.61-£21k
20184.54

Derived from filed accounts. Not audited figures.