Western Discoveries Limited
06655611
Some Concerns
- No accounts filed in last 18 months (-5)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 24/07/2008
DIRECTOR
BRITISH · ENGLAND · Age 46
Also on 1 other board
Persons with Significant Control
Mr Russell Adam Peake
British · England · Age 46
Chynoey, Newmill, Penzance, TR20 8XW
Notified 06/04/2016
Mrs Sabrina Peake
British · England · Age 47
Chynoey, Newmill, Penzance, TR20 8XW
Notified 06/04/2016
CompanyRankvs 130+ SIC 79120 peers83
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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 30/11/2024
Net Worth
£77k
Balance sheet strength
Cash
£95k
Cash in the bank
Net Current Assets
£77k
Working capital
Current Assets
£111k
Current Liabilities
£34k
Fixed Assets
£18
Debtors
£15k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.28 | +£42k |
| 2023 | 2.01 | +£19k |
| 2022 | 1.19 | -£25k |
| 2021 | 1.55 | -£141 |
| 2020 | 2.77 | -£68k |
| 2019 | 1.75 | -£36k |
| 2018 | 1.92 | — |
Derived from filed accounts. Not audited figures.