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Discover Direct Limited

08567125

active
Private Limited Company
england wales
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

505 PINNER ROAD, HARROW, HA2 6EH
Incorporated 12/06/2013

Compliance

Last accounts

30/09/2024

total exemption full

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 01/07/2025

Due 15/07/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr. Hussain Malik

director · Since 24/04/2017

DIRECTOR

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mr Hussain Malik

75–100% shares
75–100% votes
Appoint directors

British · England · Age 34

4 Elton Close, Aylesbury, HP18 1AB

Notified 01/06/2024

Former PSCs

Mr Iqbal Mohammed Malik

Ceased 13/06/2016

Mr Asghar Mohammed Malik

Ceased 01/06/2024

Mr Hussain Malik

Ceased 13/06/2016

CompanyRankvs 35988+ SIC 47910 peers
51

Financial strength7th percentile among SIC peers · 2/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.96× · 6/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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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.

Employees15/15 pts

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

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity13/15 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 30/09/2024

Net Worth

-£23k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£12k

Working capital

Current Assets

£312k

Current Liabilities

£324k

Fixed Assets

£65k

Debtors

£59k

6avg. employees-1

Tax at Year End(2022)

Corp tax£11k

Balance Sheet

Intangible assets£27k
Bank loans & overdrafts£22k
Assets less current liabilities£53k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.96-£29k
20230.96+£18k
20220.96-£62k
20211.25-£5k
20201.63+£80k
20190.80-£34k
20181.03

Derived from filed accounts. Not audited figures.