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Initiatives For Regional And International Development

11753900

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

RCCG THE SOUGHTOUT ASSEMBLY(FORMERLY MOUNT PENIEL), WOLVERHAMPTON, WV11 3NF
Incorporated 07/01/2019

Compliance

Last accounts

31/01/2025

total exemption full

Next accounts due

31/10/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

85590
Other education
88990
Other social work activities without accommodation

Officers

Dr Opeolu Oyejide Ojo

director · Since 07/01/2019

SENIOR LECTURER IN BIOTECHNOLO

NIGERIAN · UNITED KINGDOM · Age 51

Also on 1 other board

Miss Ayodele Falobi

secretary · Since 10/10/2019

Mr Ayodele Igandan

director · Since 10/11/2019

SOCIAL WORKER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Persons with Significant Control

Dr Opeolu Oyejide Ojo

25–50% votes
Appoint directors

Nigerian · United Kingdom · Age 51

15c, Gibbs Street, Wolverhampton, WV6 0RE

Notified 07/01/2019

CompanyRankvs 8439+ SIC 85590 peers
64

Financial strength80th percentile among SIC peers · 20/25
Employees16th percentile among SIC peers · 2/15
LiquidityCurrent ratio 6.96× · 20/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 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.

Longevity7/15 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 31/01/2025

Net Worth

£21k

Balance sheet strength

Cash

£4k

Cash in the bank

Net Current Assets

£38k

Working capital

Current Assets

£45k

Current Liabilities

£6k

Fixed Assets

£2k

Debtors

£40k

0avg. employees

Balance Sheet

Bank loans & overdrafts£20k
Assets less current liabilities£41k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied Profit
20256.96-£3k
20248.06-£8k
202310.59+£10k
2022207.99+£9k

Derived from filed accounts. Not audited figures.