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Discovery Festival Ltd

03642421

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

MUSIC FACTORY, NEWARK, NG24 2ER
Incorporated 01/10/1998

Compliance

Last accounts

31/12/2024

micro entity

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 11/05/2026

Due 25/05/2027

On track

Industry

59112
Video production activities
90020
Support activities to performing arts

Officers

Mrs Elizabeth Lindsey Doogan-Hobbs Mbe

director · Since 10/09/1999

TV PRESENTER

BRITISH · ENGLAND · Age 66

Also on 4 other boards

Persons with Significant Control

Grandslam Holdings Ltd

75–100% shares
75–100% votes
Appoint directors
right-to-appoint-and-remove-directors-as-firm

Music Factory, Jessop Way, Newark, NG24 2ER

Reg: 10645493 · England · Private Limited Company

Notified 31/12/2022

Former PSCs

Mrs Liz Doogan-Hobbs

Ceased 31/12/2022

Liz Hobbs Group Ltd

Ceased 01/01/2026

CompanyRankvs 4997+ SIC 59112 peers
59

Financial strength84th percentile among SIC peers · 21/25
Employees39th percentile among SIC peers · 6/15
LiquidityCurrent ratio 0.08× · 2/20
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 strength21/25 pts

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

Employees6/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 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 31/12/2024

Net Worth

£35k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£7k

Working capital

Current Assets

£579

Current Liabilities

£8k

1avg. employees

Balance Sheet

Assets less current liabilities£7k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20240.08+£41k
20236.78

Derived from filed accounts. Not audited figures.