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Discount Electrics Limited

05392068

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

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

No risk factors detected.

Details

DISCOUNT ELECTRICS LTD MARTIN ROAD, LINCOLN, LN4 3BE
Incorporated 14/03/2005

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46499
46499
47910
Retail sale via mail order houses or via Internet

Officers

Mrs Linda Jean State

secretary · Since 14/03/2005

ELECTRICAL RETAILER

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Ian Kenneth State

director · Since 14/03/2005

ELECTRICAL RETAILER

BRITISH · ENGLAND · Age 59

Mrs Linda Jean State

director · Since 14/03/2005

ELECTRICAL RETAILER

BRITISH · ENGLAND · Age 60

Also on 1 other board

Persons with Significant Control

Mrs Linda Jean State

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 60

Discount Electrics Ltd, Martin Road, Lincoln, LN4 3BE

Notified 06/04/2016

Mr Ian Kenneth State

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

British · England · Age 59

Discount Electrics Ltd, Martin Road, Lincoln, LN4 3BE

Notified 06/04/2016

CompanyRankvs 505+ SIC 46499 peers
76

Financial strength91th percentile among SIC peers · 23/25
Employees23th percentile among SIC peers · 3/15
LiquidityCurrent ratio 10.46× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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505Discount Electrics Limited
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How is this score calculated?
Financial strength23/25 pts

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

Employees3/15 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 30/04/2025

Net Worth

£613k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£615k

Working capital

Current Assets

£680k

Current Liabilities

£65k

0avg. employees-8

Tax at Year End(2021)

Corp tax£17k

Balance Sheet

Assets less current liabilities£615k
Prepared with BTCSoftware AP Solution 2025 12.1.02

EstimatesDerived

YearCurrent RatioImplied Profit
202510.46-£65k
202443.21-£50k
202326.01-£8k
202223.80-£38k
202116.13-£31k
202018.94-£1k
201928.50—

Derived from filed accounts. Not audited figures.