Back to search

The Redeemed Christian Church Of God - Stillwaters Colchester

07530478

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

HEATH HOUSE HEATH BUSINESS PARK, COLCHESTER, CO2 8GU
Incorporated 15/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

94910
Activities of religious organisations

Officers

Dr Oludare Adetokunbo Demuren

director · Since 15/02/2011

MEDICAL PRACTITIONER GP

BRITISH · UNITED KINGDOM · Age 75

Also on 1 other board

Dr Adeniyi Faboya

director · Since 15/02/2011

MEDICAL PRACTITIONER CONSULTAN

BRITISH · UNITED KINGDOM · Age 74

Dr Abiodun Olayinka Obisesan

director · Since 15/02/2011

MEDICAL PRACTITIONER GP

BRITISH · ENGLAND · Age 65

Also on 4 other boards

Mr Akintayo Akinsooto Ojo

director · Since 15/02/2011

CHARTERED ACCOUNTANT

BRITISH · ENGLAND · Age 58

Also on 9 other boards

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 21/06/2013Registered 02/07/2013

CompanyRankvs 395+ SIC 94910 peers
62

Financial strength94th percentile among SIC peers · 24/25
Employees78th percentile among SIC peers · 12/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
1Sheffield Diocesan Board Of Finance
90
2Naima Jps
90
3New Kadampa Tradition - International Kadampa Buddhist Union
90
4Kahal Imrei Chaim Limited
90
5Stepney Shahjalal Mosque & Cultural Centre
90
6Muslim Welfare House
90
7Icc Missions
90
8Restore Hope
90
9The Christian Community In London Limited
90
10The Church Of Pentecost - Uk
90
395The Redeemed Christian Church Of God - Stillwaters Colchester
78
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.

Liquidity16/20 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

Outstanding charges: -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 Board consider that there are no material uncertainties about the charitable company ability to continue as a going concern. The trustees have a reasonable expectation that the Chari

Key FinancialsYear ending 31/12/2024

Net Worth

£792k

Balance sheet strength

Cash

£101k

Cash in the bank

Net Current Assets

£35k

Working capital

Current Assets

£102k

Current Liabilities

£67k

Fixed Assets

£1.1M

Debtors

£722

2avg. employees

People Costs

Wages & salaries£67k
NI contributions£7k

Balance Sheet

Bank loans & overdrafts£53k
Assets less current liabilities£1.2M
Interest receivable£11k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.52-£58k
20232.23+£55k
20221.70+£42k
20211.24+£28k
20201.05+£19k
20190.81—

Derived from filed accounts. Not audited figures.