Living Faith Foundation
05314031
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Last accounts
31/08/2024
total exemption full
Next accounts due
31/05/2026
Confirmation statement
Last: 11/12/2025
Due 25/12/2026
Industry
Officers
director · Since 07/09/2006
MINISTER OF RELIGION
BRITISH · ENGLAND · Age 63
Also on 4 other boards
director · Since 01/08/2016
Persons with Significant Control
Mr Gabriel Gringo Orakpo
British · England · Age 63
16, Beech Road, Birmingham, B17 9TD
Notified 11/01/2023
Joseph Prince Olaiya
Nigerian · Nigeria · Age 69
16, Beech Road, Birmingham, B17 9TD
Notified 11/01/2023
CompanyRankvs 17361+ SIC 85600 peers36
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 31/08/2024
Net Worth
-£88k
Balance sheet strength
Cash
£3k
Cash in the bank
Net Current Assets
-£113k
Working capital
Current Assets
-£111k
Current Liabilities
£2k
Fixed Assets
£21k
Debtors
-£113k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | -64.39 | -£35k |
| 2023 | -49.69 | -£58k |
| 2022 | -18.89 | -£1 |
| 2021 | 0.63 | +£0 |
| 2020 | 1.04 | +£0 |
| 2019 | 1.67 | -£246 |
| 2018 | 1.50 | — |
Derived from filed accounts. Not audited figures.