Discovery Flexibles Limited
02417982
Healthy
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 16/09/2025
DIRECTOR
BRITISH · UNITED KINGDOM · Age 43
Also on 12 other boards
Persons with Significant Control
Discovery Flexibles Holdings Limited
International House, 24 Holborn Viaduct, London, EC1A 2BN
Reg: 06518117 · Registrar Of Companies For England And Wales · Private Limited Company
Notified 06/04/2016
Former PSCs
Mr Thomas Christopher Wrigley
Ceased 15/02/2019
Charges2 outstanding
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CompanyRankvs 22+ SIC 82920 peers69
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
Outstanding charges: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Directors either intend to liquidate the Company or to cease opera
Key FinancialsYear ending 31/12/2024
Turnover
£15.4M
Annual revenue
Net Worth
£949k
Balance sheet strength
Cash
£49k
Cash in the bank
Profit Before Tax
£683k
Bottom line earnings
Net Current Assets
£5.1M
Working capital
Current Assets
£7.9M
Current Liabilities
£2.9M
Fixed Assets
£1.4M
Debtors
£6.3M
Cost of Sales
£12.9M
Gross Profit
£2.4M
Admin Expenses
£1.2M
Profit After Tax
£528k
Tax at Year End(2019)
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 2.77 | -£722k |
| 2023 | 2.18 | +£805k |
| 2022 | 1.99 | +£595k |
| 2021 | 1.19 | +£1.7M |
| 2020 | 1.21 | -£6.3M |
| 2019 | 1.17 | +£175k |
| 2018 | 1.11 | -£1.9M |
| 2016 | 2.04 | — |
Derived from filed accounts. Not audited figures.