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The Liberty Church

09617844

active
private limited guarant nsc limited exemption
england wales
Companies House
Confirmation statement overdue
Health Score
53 / 100

Notable Risks

15/30
Filing
0/30
Financial
38/40
Risk
  • Confirmation statement overdue (-10)
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

Liberty Point, 4 High Elms, Woodford Green, IG8 0UP
Incorporated 01/06/2015

Previously known as

Liberty Initiatives · until 25/06/2015

Compliance

Last accounts

31/12/2024

small

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 01/06/2025

Due 15/06/2026

Overdue

Industry

94910
Activities of religious organisations

Officers

Adegbemiga Oluwatundemilade Adewumi

secretary · Since 01/06/2015

Mrs Abimbola Rebecca Fola-Alade

director · Since 01/06/2015

PASTOR

BRITISH · ENGLAND · Age 55

Mr Oluseyi Adesanya

director · Since 20/10/2015

CONSULTANT

BRITISH · ENGLAND · Age 60

Mr Olusola Olayinka Ewedemi

director · Since 20/10/2015

PASTOR

BRITISH · ENGLAND · Age 59

Also on 4 other boards

Mr Adebayo Fadugba

director · Since 19/06/2024

PASTOR

AMERICAN · UNITED STATES · Age 57

Ms Oghenevona Cynthia Aghoghovbia

director · Since 19/06/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Abimbola Rebecca Fola-Alade

director · Since 01/06/2015

British · England · Age 55

Adegbemiga Oluwatundemilade Adewumi

secretary · Since 01/06/2015

Olusola Olayinka Ewedemi

director · Since 20/10/2015

British · England · Age 59

Oluseyi Adesanya

director · Since 20/10/2015

British · England · Age 60

Adebayo Fadugba

director · Since 19/06/2024

American · United States · Age 57

Oghenevona Cynthia Aghoghovbia

director · Since 19/06/2024

British · England · Age 41

Former

Adesola Adetola Fola-Alade

director · Resigned 20/10/2015

Charges1 outstanding

Charge
outstanding

THE CHARITY BANK LIMITED

Created 21/12/2022Registered 03/01/2023

Change History

statusactive
2026-07-25

Active

typeprivate-limited-guarant-nsc-limited-exemption
2026-07-25

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

address line1Liberty Point
2026-07-25

LIBERTY POINT

post townWoodford Green
2026-07-25

WOODFORD GREEN

officer appointedADEWUMI, Adegbemiga Oluwatundemilade
2026-07-25
officer appointedADESANYA, Oluseyi
2026-07-25
officer appointedAGHOGHOVBIA, Oghenevona Cynthia
2026-07-25
officer appointedEWEDEMI, Olusola Olayinka
2026-07-25
officer appointedFADUGBA, Adebayo
2026-07-25
officer appointedFOLA-ALADE, Abimbola Rebecca
2026-07-25

CompanyRankvs 451+ SIC 94910 peers
56

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 8.34× · 20/20
Longevity11 years trading (max 15) · 11/15
Filing complianceOne filing overdue · 5/15
Going concern doubt -10Outstanding 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.

Employees15/15 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.

Longevity11/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance5/15 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

have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going con

Key FinancialsYear ending 31/12/2024

Net Worth

£3.3M

Balance sheet strength

Cash

£1.6M

Cash in the bank

Net Current Assets

£1.5M

Working capital

Current Assets

£1.7M

Current Liabilities

£199k

Fixed Assets

£4.3M

Debtors

£41k

15avg. employees+4

People Costs

Wages & salaries£495k
NI contributions£41k

Balance Sheet

Bank loans & overdrafts£140k
Assets less current liabilities£5.8M
Interest receivable£23k
Signed by O C AghoghovbiaPrepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20248.34+£230k
20236.97

Derived from filed accounts. Not audited figures.