Company Overview
Victory Celebration Ministries is listed at the official companies registry as Active Private Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption. The company was incorporated on Monday 06 November 2006, so this is a well established company. Victory Celebration Ministries has been in business for 19 years and 4 months. The accounts status is micro entity and the accounts are next due on Monday 31 August 2026.
Registered Address

64 Darlaston Road, Walsall, West Midlands, WS2 9RE
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Companies House Data
Company NameVICTORY CELEBRATION MINISTRIES
Company Number05988885
Registered Office Address64 Darlaston Road
 WS2 9RE
Company CategoryPrivate Limited Company By Guarantee Without Share Capital, Use Of 'Limited' Exemption
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date06/11/2006
Accounting Reference Date Day30
Accounting Reference Date Month11
Accounts Next Due Date31/08/2026
Accounts Last Made Up Date30/11/2024
Accounts Account CategoryMICRO ENTITY
Returns Next Due Date04/12/2016
Returns Last Made Up Date06/11/2015
Directors & Members
Lawrence Fagbayi - Director
(British, 68 years old, born March 1958)
Appointed 06 November 2010
 Active
Paul Sekuwanda - Director
(Ugandan, 64 years old, born April 1962)
Appointed 06 November 2006
 Active
Sylvia Wamala - Director
(British, 68 years old, born June 1958)
Appointed 06 November 2010
 Active
Marvette Williams - Director
(British, 56 years old, born November 1970)
Appointed 30 September 2011
 Active
Secretaries
Show Resigned
Marvette Williams - Secretary
(British)
Appointed 06 November 2010
 Active
Other Company Directorships
Lawrence Fagbayi
A4J LIMITED
THE GP MINISTRIES
Paul Sekuwanda
THE GP MINISTRIES
VISION ENTERPRISE LIMITED
Sylvia Wamala
No companies found
Marvette Williams
ETTEWIL LTD
VISION ENTERPRISE LIMITED
Balance Sheet Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2021 30-Nov-2020
Balance Sheet
Fixed Assets 3,016 3,016 3,020
Current Assets 13 13 151
Creditors Due Within One Year 840 840 767
Working Cap -827 -827 -616
Total Assets Less Current Liabilities 2,189 2,189 2,404
Long-term Liabilities 0 0 0
Net Assets 2,189 2,189 2,404
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 2,189 2,189 2,404
Common Size Financial Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2021 30-Nov-2020
Tangible Fixed Assets - - -
Fixed Assets 99.6% 99.6% 95.2%
Stocks Inventory - - -
Debtors - - -
Cash Bank In Hand - - -
Current Assets 0.4% 0.4% 4.8%
Creditors Due Within One Year 27.7% 27.7% 24.2%
Net Current Assets Liabilities -27.3% -27.3% -19.4%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 72.3% 72.3% 75.8%
Capital Employed - - -
Total Assets Less Current Liabilities 72.3% 72.3% 75.8%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2021 30-Nov-2020
Liquidity Ratio 0.0 0.0 0.2
Solvency Ratio 3.6 3.6 4.1
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 0
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 30-Nov-2024 30-Nov-2021 30-Nov-2020
Assets 3,029 3,029 3,171
Debt 840 840 767
Net Assets/Debt 2,189 2,189 2,404

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.Current debt exceeded short term liquid assets as at the balance sheet date. We would normally view this in the context of other profitability and solvency indicators. Total reserves including retained profitability and movement in reserves has some deficiency. The balance sheet presents modest net assets. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
Other Business around WS2 9RE
No other companies found in the same location
Document Filings
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 6 November 2024 with no updates
Confirmation statement made on 6 November 2023 with no updates
Director's details changed for Reverend/Pastor Paul Wilson Sekuwanda on 7 July 2023
Change of details for Mrs Marvette Ann Williams as a person with significant control on 7 July 2023
Change of details for Reverend/Pastor Paul Wilson Sekuwanda as a person with significant control on 7 July 2023
Director's details changed for Mrs Marvette Ann Williams on 7 July 2023
Secretary's details changed for Marvette Ann Williams on 7 July 2023
Registered office address changed from 1 Holden Crescent Walsall West Midlands WS3 1PY to 64 Darlaston Road Walsall West Midlands WS2 9RE on 7 July 2023
Confirmation statement made on 6 November 2022 with no updates
Confirmation statement made on 6 November 2021 with no updates
Confirmation statement made on 6 November 2020 with no updates
Confirmation statement made on 6 November 2019 with no updates
Confirmation statement made on 6 November 2018 with no updates
Confirmation statement made on 6 November 2017 with no updates
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