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Freedom Apostolic Ministries Limited

10359676

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
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

THE FREEDOM CENTRE, BARNSTAPLE, EX32 8QA
Incorporated 05/09/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

58190
Other publishing activities
59200
Sound recording and music publishing activities
85590
Other education
94910
Activities of religious organisations

Officers

Mr Michael Parsons

director · Since 05/09/2016

CHURCH LEADER

BRITISH · UNITED KINGDOM · Age 68

Also on 1 other board

Mr Samuel Mark Lane

director · Since 31/01/2019

ADMINISTRATOR

BRITISH · UNITED KINGDOM · Age 37

Mr Michael Parsons

secretary · Since 01/02/2019

Also on 1 other board

Persons with Significant Control

Mr Michael Parsons

Appoint directors
Significant control

British · England · Age 68

The Freedom Centre, 1 Howard Avenue, Barnstaple, EX32 8QA

Notified 05/09/2016

Former PSCs

Mr Nigel Richard Harris

Ceased 01/02/2019

Mrs Rebecca Harris

Ceased 01/02/2019

Mr Jeremy Westcott

Ceased 27/02/2026

CompanyRankvs 1110+ SIC 58190 peers
76

Financial strength70th percentile among SIC peers · 18/25
Employees89th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.23× · 20/20
Longevity10 years trading (max 15) · 10/15
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.

Employees13/15 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.

Longevity10/15 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 30/09/2024

Net Worth

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£12k

Working capital

Current Assets

£17k

Current Liabilities

£5k

Fixed Assets

£2k

3avg. employees

Balance Sheet

Assets less current liabilities£13k
Signed by 10359676 2023-10-01 2024-09-30 10359676 2024-09-30 10359676 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20243.23-£10k
20234.55+£14k
20225.29
20210.93

Derived from filed accounts. Not audited figures.