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Discount Fireworks Ltd.

03743124

active
Private Limited Company
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

22 SEVEN WAYS PARADE, ILFORD, IG2 6JX
Incorporated 29/03/1999

Compliance

Last accounts

31/03/2025

total exemption full

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 23/01/2026

Due 06/02/2027

On track

Industry

47990
Other retail sale not in stores, stalls or markets

Officers

Mrs Mayuri Rajesh Vyas

secretary · Since 29/03/1999

SECRETARY

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Mr Dipak Rajesh Vyas

director · Since 27/05/2022

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 1 other board

Persons with Significant Control

Mr Dipak Rajesh Vyas

75–100% shares
75–100% votes

British · England · Age 38

22, Seven Ways Parade, Ilford, IG2 6JX

Notified 30/06/2025

Former PSCs

Mr Rajesh Vyas

Ceased 30/06/2025

CompanyRankvs 349+ SIC 47990 peers
88

Financial strength97th percentile among SIC peers · 24/25
Employees90th percentile among SIC peers · 14/15
LiquidityCurrent ratio 5.37× · 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 strength24/25 pts

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

Employees14/15 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

£743k

Balance sheet strength

Cash

£867k

Cash in the bank

Net Current Assets

£759k

Working capital

Current Assets

£932k

Current Liabilities

£174k

Fixed Assets

£7k

Debtors

£32k

4avg. employees+3

Balance Sheet

Assets less current liabilities£765k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20255.37+£104k
20245.11+£47k
20236.14+£60k
20224.30+£89k
20215.72+£130k
20205.53+£78k
20194.32

Derived from filed accounts. Not audited figures.