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Discovery Energy Limited

04616811

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

WAUNDWRGI, WHITLAND, SA34 0RH
Incorporated 13/12/2002

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

06100
Extraction of crude petroleum

Officers

Mr Kristian Ewen Ainsworth

secretary · Since 13/12/2002

FINANCE MANAGER

BRITISH · UNITED KINGDOM · Age 64

Also on 2 other boards

Mr Kristian Ewen Ainsworth

director · Since 13/12/2002

FINANCE DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 2 other boards

Persons with Significant Control

Mr Kristian Ewen Ainsworth

75–100% shares

British · England · Age 64

Waundwrgi, Waundwrgi, Whitland, SA34 0RH

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF DISCOVERY ENERGY PENSION SCHEME · KRISTIAN AINSWORTH AS TRUSTEE OF DISCOVERY ENERGY PENSION SCHEME

Created 23/04/2024Registered 23/04/2024
Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF THE DISCOVERY ENERGY PENSION SCHEME · KRISTIAN AINSWORTH AS TRUSTEE OF THE DISCOVERY ENERGY PENSION SCHEME

Created 30/09/2019Registered 09/10/2019
Charge
outstanding

MORGAN LLOYD TRUSTEES LIMITED AS TRUSTEE OF DISCOVERY ENERGY PENSION SCHEME · KRISTIAN AINSWORTH AS TRUSTEE OF DISCOVERY ENERGY PENSION SCHEME

Created 11/06/2018Registered 14/06/2018

CompanyRankvs 188+ SIC 06100 peers
46

Financial strength7th percentile among SIC peers · 2/25
Employees56th percentile among SIC peers · 8/15
LiquidityCurrent ratio 1.76× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength2/25 pts

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

Employees8/15 pts

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

Liquidity16/20 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.

Risk deductions

Outstanding charges: -10 pts

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

-£34k

Balance sheet strength

Cash

£410

Cash in the bank

Net Current Assets

£48k

Working capital

Current Assets

£112k

Current Liabilities

£64k

Fixed Assets

£16k

Debtors

£112k

1avg. employees

Tax at Year End(2023)

Dividends paid-£10k

Balance Sheet

Bank loans & overdrafts£3k
Assets less current liabilities£64k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.76-£109k
20232.51-£37k
20223.27-£43k
20213.73

Derived from filed accounts. Not audited figures.