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Covenant Of Mercy Ltd

13419905

active
PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
england wales
Companies House
Health Score
70 / 100

Some Concerns

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

Details

C/O MJ SUPPORT & CO,, LONDON, E14 5RE
Incorporated 25/05/2021

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 24/11/2025

Due 08/12/2026

On track

Industry

94910
Activities of religious organisations

Officers

Mr Akeem Olalekan Moshood

director · Since 01/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 2 other boards

Dr Adedayo Emmanuel Owoade

director · Since 05/09/2023

DIRECTOR

BRITISH · ENGLAND · Age 46

Also on 1 other board

Persons with Significant Control

Dr Adedayo Emmanuel Owoade

Significant control

British · England · Age 46

C/O Mj Support & Co,, 30 Churchill Place, London, E14 5RE

Notified 05/09/2023

Former PSCs

Mrs Abiodun Ibiwumi Famuyibo

Ceased 05/09/2023

Mr Taiwo Abel Ojo

Ceased 01/03/2022

CompanyRankvs 1200+ SIC 94910 peers
49

Financial strength76th percentile among SIC peers · 19/25
Employees0th percentile among SIC peers · 0/15
LiquidityCurrent ratio 5.58× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
1Naima Jps
90
2New Kadampa Tradition - International Kadampa Buddhist Union
90
3Fellowship Afloat Charitable Trust
90
4Stepney Shahjalal Mosque & Cultural Centre
90
5Muslim Welfare House
90
6Icc Missions
90
7South Eastern Baptist Association
90
8Restore Hope
90
9Chinese Church In London
90
10The Christian Community In London Limited
90
1200Covenant Of Mercy Ltd
59
How is this score calculated?
Financial strength19/25 pts

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

Employees0/15 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.

Longevity5/15 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

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Going Concern Disclosure The trustees have not identified any material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going

Key FinancialsYear ending 31/05/2025

Net Worth

£60k

Balance sheet strength

Cash

£55k

Cash in the bank

Net Current Assets

£45k

Working capital

Current Assets

£55k

Current Liabilities

£10k

Fixed Assets

£15k

Balance Sheet

Assets less current liabilities£60k
Signed by Mr Akeem Olalekan MOSHOOD Trustee 22/05/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.58-£161k
2024—+£55k

Derived from filed accounts. Not audited figures.