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Discount Cisco Limited

06314304

liquidation
Private Limited Company
england wales
Companies House
Insolvency history
Health Score
N/A

Details

C/O ARKIN & CO ALPHA HOUSE 176A, BARNET, EN5 5SZ
Incorporated 16/07/2007

Compliance

Last accounts

31/07/2018

total exemption full

Next accounts due

30/04/2020

Overdue

Confirmation statement

Last: 21/06/2019

Due 02/08/2020

Overdue

Industry

46510
Wholesale of computers, computer peripheral equipment and software
46520
Wholesale of electronic and telecommunications equipment and parts

Officers

Mr Robert Kenneth Farmer

director · Since 18/07/2007

BROKER SPECIALIST

BRITISH · ENGLAND · Age 68

Also on 4 other boards

Persons with Significant Control

Mr Robert Kenneth Farmer

75–100% shares

British · England · Age 68

176a, High Street, Barnet, EN5 5SZ

Notified 06/04/2016

Charges4 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 26/11/2019Registered 28/11/2019
Charge
outstanding

HSBC BANK PLC

Created 27/11/2017Registered 29/11/2017
Charge
outstanding

HSBC INVOICE FINANCE (UK) LTD

Created 21/07/2016Registered 21/07/2016
Charge
outstanding

HSBC BANK PLC

Created 23/01/2014Registered 25/01/2014

Insolvency History1 case

compulsory liquidation06/07/2022

The Official Receiver Or Ipswich (practitioner)

CompanyRankvs 15+ SIC 46510 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.52× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 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

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/07/2018

Net Worth

£757k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£721k

Working capital

Current Assets

£2.1M

Current Liabilities

£1.4M

Fixed Assets

£36k

Debtors

£815k

12avg. employees

Tax at Year End

Corp tax£25k

Balance Sheet

Intangible assets£22k
Assets less current liabilities£757k
Prepared with Sage Accounts Production 18.30 - FRS

EstimatesDerived

YearCurrent Ratio
20181.52

Derived from filed accounts. Not audited figures.