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Disco Drives (King'S Lynn) Limited

02993740

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

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

Details

OLDMEDOW ROAD, KING'S LYNN, PE30 4LE
Incorporated 23/11/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

25620
Machining

Officers

Mr Robert William Greenacre

director · Since 31/03/2025

DIRECTOR

BRITISH · ENGLAND · Age 59

Persons with Significant Control

Mr Robert William Greenacre

75–100% shares
75–100% votes
Appoint directors

British · England · Age 59

3 Caley Street, Heacham, King's Lynn, PE31 7DP

Notified 31/03/2025

Charges0 outstanding

charge
satisfied

BARCLAYS BANK PLC

Created 27/04/1995Registered 05/05/1995Satisfied 27/02/2024

CompanyRankvs 357+ SIC 25620 peers
79

Financial strength68th percentile among SIC peers · 17/25
Employees81th percentile among SIC peers · 12/15
LiquidityCurrent ratio 3.61× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength17/25 pts

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

Employees12/15 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.

Longevity15/15 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 31/03/2025

Net Worth

£291k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£251k

Working capital

Current Assets

£348k

Current Liabilities

£96k

Fixed Assets

£30k

Debtors

£127k

14avg. employees

Tax at Year End(2021)

Corp tax£20k

Balance Sheet

Assets less current liabilities£281k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.61-£74k
20244.07+£5k
20233.81+£10k
20224.09+£7k
20213.85

Derived from filed accounts. Not audited figures.