NEW WINE INTERNATIONAL
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-12-06 (in 7mo)
Last made up 2025-11-22
Watchouts
None on the register
Cash
£490K
+19% vs 2023
Net assets
£6M
-0.7% vs 2023
Employees
17
-10.5% vs 2023
Profit before tax
—
Period ending 2024-12-31
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £34,759 | £108,297 | |
| Operating profit | -£65,061 | £37,413 | |
| Profit before tax | — | — | |
| Net profit | -£458,804 | -£38,360 | |
| Cash | £412,139 | £490,432 | |
| Total assets less current liabilities | £5,937,793 | £5,859,583 | |
| Net assets | £5,619,796 | £5,581,436 | |
| Equity | £5,619,796 | £5,581,436 | |
| Average employees | 19 | 17 | |
| Wages | £487,572 | £471,486 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -187.2% | 34.5% | |
| Net margin | -1320.0% | -35.4% | |
| Return on capital employed | -1.1% | 0.6% | |
| Gearing (liabilities / total assets) | 10.8% | 9.5% | |
| Current ratio | 1.65x | 2.09x | |
| Interest cover | -2.55x | 1.48x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Hilton Accountants
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity'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.”
Group structure
- NEW WINE INTERNATIONAL · parent
- Gateway Incorporated Limited 100%
- Vista Hospitality Limited 100%
- New Wine Central Limited 100%
Significant events
- “The Heart's Cry daily prayer meetings commenced on 1st January 2024 and lasted until the end of the year.”
- “Young Voices School Choir Competition took place in June, bringing together 4 local schools (127 children and their families) in the Royal Borough of Greenwich for an afternoon of music, fun, refreshments and personal development.”
- “Children Summer Club held from 29th July to 23rd August 2024 with approximately 20 children in attendance daily.”
- “Hallelujah Night (games, entertainment, variety show) in October 2024 with over 270 participants (including 182 Children).”
- “Sing for Joy Children's Party that hosted 200 Children and about 150 adults.”
- “1,224 full English breakfast meals served at the weekly Saturday Church for the Homeless over 51 weeks.”
- “We distributed 1,000 hampers during our Christmas Hamper Campaign that served approximately 4,500 beneficiaries in London, Essex, Kent and other nearby areas.”
- “68 people were received into membership during the year; we baptized 22 people and experienced the joy of 118 people (67 adults and 51 Youths) receiving Jesus Christ into their lives.”
- “Safeguarding Training for English & French speaking Workers and Leaders in February, and for our Portuguese speaking, Brazil Branch Workers and Leaders in October 2024.”
- “Youth Discipleship Programme hosted in April and October for young people aged 14 – 19.”
- “Neurodiversity Awareness Workshop in May 2024.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 8 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| OLALEYE, Babajide Stephen | Secretary | 2001-08-01 | — | British |
| ADEYEMI, Elizabeth Adejoke Olusola | Director | 2009-09-01 | Nov 1968 | British |
| ADEYI, Philip Olusegun | Director | 2009-09-01 | Jul 1956 | Nigerian |
| AKINYEMI, Olutoyin Oludamilola | Director | 2023-03-03 | Jan 1955 | British |
| ODIDI, Akinlaja Emmanuel | Director | 2023-03-03 | Mar 1969 | British |
| OLALEYE, Babajide Stephen | Director | 2005-04-26 | Nov 1963 | British |
Show 8 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| MARTIN, Daryl Frederick | Secretary | 2000-11-22 | 2001-08-01 |
| ADEYEMI, Adetayo, Dr | Director | 2000-11-22 | 2003-07-29 |
| AWORENI, Olugbenga | Director | 2000-11-22 | 2009-09-01 |
| BABALOLA, Olayemi Oluyemisi | Director | 2000-11-22 | 2005-04-26 |
| OLADOKUN, Omotola Olanrewaju | Director | 2005-04-26 | 2006-04-28 |
| OLIHA, Anthony Bamidele | Director | 2000-11-22 | 2005-04-26 |
| OLOWOFUSI, Raphael Oyedele | Director | 2000-11-22 | 2009-01-23 |
| TAIWO, Adekola Adewale | Director | 2005-04-26 | 2023-03-03 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 85 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-01-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-10-03 | AA | accounts | Accounts with accounts type group | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-25 | AA | accounts | Accounts with accounts type group | |
| 2023-12-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-14 | AA | accounts | Accounts with accounts type group | |
| 2023-04-16 | CH01 | officers | Change person director company with change date | |
| 2023-03-17 | TM01 | officers | Termination director company with name termination date | |
| 2023-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2023-03-17 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-10-07 | AA | accounts | Accounts with accounts type group | |
| 2022-01-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-04 | AA | accounts | Accounts with accounts type group | |
| 2020-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-11-05 | AA | accounts | Accounts with accounts type group | |
| 2019-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2019-10-04 | AA | accounts | Accounts with accounts type group | |
| 2018-11-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2018-09-27 | AA | accounts | Accounts with accounts type small |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+211.6%
£34,759 £108,297
-
Cash
+19%
£412,139 £490,432
-
Net assets
-0.7%
£5,619,796 £5,581,436
-
Employees
-10.5%
19 17
-
Operating profit
+157.5%
-£65,061 £37,413
-
Wages
-3.3%
£487,572 £471,486
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers