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The Reconciliation Ministries

05589164

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • 1 outstanding charge (-2)

Details

53 EASTBOURNE CLOSE, PRESTON, PR2 3YR
Incorporated 11/10/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Yetunde Aduke Onilogbo

secretary · Since 12/11/2005

TEACHING

BRITISH · Age 58

Mr Wellington Olalekan Adegunwa

director · Since 12/11/2005

PASTOR

BRITISH · UNITED KINGDOM · Age 53

Also on 6 other boards

Mr Mathias Ogheneochuko Ogbeta

director · Since 12/11/2005

PROGRAMMER

BRITISH · ENGLAND · Age 58

Also on 3 other boards

Mr Afolabi Folorunsho Erinle

director · Since 24/11/2017

ASSESSOR/TRAINER

BRITISH · ENGLAND · Age 53

Also on 2 other boards

Mr Oyekunle Ezekiel Oyedokun

director · Since 24/11/2017

TELECOMMUNICATION ENGINEER

BRITISH · ENGLAND · Age 51

Also on 1 other board

Persons with Significant Control

Mr Wellington Olalekan Adegunwa

Significant control

British · United Kingdom · Age 53

53, Eastbourne Close, Preston, PR2 3YR

Notified 31/10/2016

Charges1 outstanding

Charge
outstanding

NEWSTAR GROUP (UK) HOLDINGS LIMITED

Created 01/08/2025Registered 14/08/2025

CompanyRankvs 114+ SIC 94910 peers
76

Financial strength95th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 142.17× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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90
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90
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90
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7Icc Missions
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114The Reconciliation Ministries
86
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.

Employees12/15 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 31/12/2024

Net Worth

£1.0M

Balance sheet strength

Cash

£636k

Cash in the bank

Net Current Assets

£633k

Working capital

Current Assets

£637k

Current Liabilities

£4k

Fixed Assets

£407k

Debtors

£2k

2avg. employees
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
2024142.17+£246k
202391.86+£113k
202256.12+£92k
202116.69+£48k
202041.23+£76k
201944.23+£42k
201831.28—

Derived from filed accounts. Not audited figures.