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The Redeemed Christian Church Of God (The Fountain)

06471722

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

RIMA HOUSE, BARKING, IG11 0RH
Incorporated 14/01/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Mrs Merukube Olaosebikan

director · Since 14/01/2010

HUMAN RESOURCES MANAGER

BRITISH · ENGLAND · Age 59

Mr Olubunmi Akintujoye

director · Since 11/12/2011

MINISTER OF RELIGION

BRITISH · ENGLAND · Age 64

Mr Charles Odafe Iduh

director · Since 22/09/2019

PASTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Mrs Titilola Oluwaseun Fowowe

director · Since 19/01/2025

TEACHER

BRITISH · ENGLAND · Age 44

Persons with Significant Control

Mr Thomas Adeyemi Aderounmu

Significant control

British · England · Age 70

Rima House, Ripple Road, Barking, IG11 0RH

Notified 06/04/2016

Former PSCs

Mr Olubunmi Akintujoye

Ceased 11/11/2025

Mrs Merukube Olaosebikan

Ceased 11/11/2025

Mr Anthony Adefemi

Ceased 04/02/2018

Mr Charles Iduh

Ceased 11/11/2025

Mr Daniel Akanmu

Ceased 22/09/2019

Charges2 outstanding

Charge
outstanding

KINGDOM BANK LIMITED (COMPANY NUMBER 4346834)

Created 28/11/2025Registered 29/11/2025
charge
outstanding

UNITY TRUST BANK PLC

Created 03/12/2009Registered 23/12/2009

CompanyRankvs 785+ SIC 94910 peers
63

Financial strength98th percentile among SIC peers · 25/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.53× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

Liquidity6/20 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

£2.2M

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£68k

Current Liabilities

£129k

Fixed Assets

£2.8M

Debtors

£6k

2avg. employees

People Costs

Wages & salaries£64k
NI contributions£2k

Balance Sheet

Bank loans & overdrafts£92k
Assets less current liabilities£2.7M
Interest receivable£61
Signed by Charles IduhPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.53-£49k
20230.87-£8k
20210.39-£11k
20200.60-£18k
20190.12+£1.3M
20180.13

Derived from filed accounts. Not audited figures.