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New Glory Ministries Limited

05860713

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
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

1 PHARAMOND, LONDON, NW2 5RD
Incorporated 28/06/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

96090
Other personal service activities

Officers

Ms Yetunde Abiola Bankole

director · Since 28/06/2006

PHARMACIST

BRITISH · UNITED KINGDOM · Age 63

Senior Pastor Olufunmilola Aderemilekun Osikoya

director · Since 28/06/2006

PASTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 1 other board

Miss Glida Rochester

secretary · Since 08/03/2022

Persons with Significant Control

Senior Pastor Olufunmilola Aderemilekun Osikoya

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · United Kingdom · Age 79

258/262, Flat1,Pharamond, London, NW2 5RD

Notified 14/08/2018

CompanyRankvs 5874+ SIC 96090 peers
79

Financial strength72th percentile among SIC peers · 18/25
Employees70th percentile among SIC peers · 11/15
LiquidityCurrent ratio 24.67× · 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 strength18/25 pts

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

Employees11/15 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 30/06/2024

Net Worth

£14k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£15k

Working capital

Current Assets

£15k

Current Liabilities

£600

Fixed Assets

£99

2avg. employees-1

Balance Sheet

Assets less current liabilities£15k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
202424.67-£2k
202327.93

Derived from filed accounts. Not audited figures.