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The Liberty Church

09617844

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

LIBERTY POINT, WOODFORD GREEN, IG8 0UP
Incorporated 01/06/2015

Compliance

Accounts

Up to date

Confirmation statement

Up to date

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 58

Also on 4 other boards

Ms Oghenevona Cynthia Aghoghovbia

director · Since 19/06/2024

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Adebayo Fadugba

director · Since 19/06/2024

PASTOR

AMERICAN · UNITED STATES · Age 57

Charges1 outstanding

Charge
outstanding

THE CHARITY BANK LIMITED

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

CompanyRankvs 134+ SIC 94910 peers
66

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 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
134The Liberty Church
86
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 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

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+£532k
20227.97+£247k
202132.90+£898k
202049.50+£962k
20199.50+£217k
201815.34—

Derived from filed accounts. Not audited figures.