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Discovering Magazines Limited

08823868

active
Private Limited Company
england wales
Companies House
Health Score
85 / 100

Healthy

25/30
Filing
20/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

160 EASTGATE, PETERBOROUGH, PE6 8RD
Incorporated 23/12/2013

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/12/2025

Due 05/01/2027

On track

Industry

58130
Publishing of newspapers

Officers

Mr Andrew Richard Armstrong

director · Since 23/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 63

Also on 2 other boards

Mrs Claire Elizabeth Saberton

director · Since 23/12/2013

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 1 other board

Persons with Significant Control

Mr Andrew Richard Armstrong

25–50% shares
25–50% votes

British · England · Age 63

160, Eastgate, Peterborough, PE6 8RD

Notified 06/04/2016

Mrs Claire Elizabeth Saberton

25–50% shares
25–50% votes

British · England · Age 56

2, Fir Avenue, Bourne, PE10 9RY

Notified 06/04/2016

CompanyRankvs 66+ SIC 58130 peers
80

Financial strength84th percentile among SIC peers · 21/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.78× · 16/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
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66Discovering Magazines Limited
75
How is this score calculated?
Financial strength21/25 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.

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.

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 31/12/2024

Net Worth

£44k

Balance sheet strength

Cash

£62k

Cash in the bank

Net Current Assets

£44k

Working capital

Current Assets

£100k

Current Liabilities

£56k

Fixed Assets

£693

Debtors

£37k

61avg. employees+19

Tax at Year End

Corp tax£7k
VAT£21k

Director Loans

Company owes directors£495

Balance Sheet

Assets less current liabilities£44k
Signed by Mr Andrew Armstrong 11/07/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20241.78+£15k£414k
20231.51—£395k

Derived from filed accounts. Not audited figures.