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Development Discovery Ltd

10024785

active - proposal to strike off
Private Limited Company
Companies House
Health Score
N/A

Details

C/O DISCOVERY HOMES LTD, LONDON, EC2A 4NE
Incorporated 24/02/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

68100
Buying and selling of own real estate
85590
Other education

Officers

Mr Aidan Rhys Heron

director · Since 24/02/2016

ENTREPRENEUR

BRITISH · ENGLAND · Age 33

Also on 10 other boards

Mr Eduardo Antonio Prato Jaen

director · Since 01/03/2017

PROPERTY DEVELOPER

BRITISH · ENGLAND · Age 55

Also on 11 other boards

Persons with Significant Control

Mr Aidan Heron

25–50% votes

British · England · Age 33

C/O Discovery Homes Ltd, 86-90 Paul Street, London, EC2A 4NE

Notified 06/04/2016

Mr Alan Peter Christie

Significant control

British · France · Age 60

C/O Discovery Homes Ltd, 86-90 Paul Street, London, EC2A 4NE

Notified 13/02/2020

Former PSCs

Mrs Pauline Mary Heron

Ceased 01/04/2021

Mr Alan Peter Christie

Ceased 10/01/2020

Charges0 outstanding

Charge
satisfied

BUSINESS LENDING RESIDENTIAL FUNDING LIMITED

Created 04/12/2017Registered 07/12/2017Satisfied 22/10/2019
Charge
satisfied

MAYFAIR DEVELOPMENT FINANCE (SOUTHAMPTON) LIMITED

Created 04/12/2017Registered 05/12/2017Satisfied 22/10/2019
Charge
satisfied

ASSETZ CAPITAL TRUST COMPANY LIMITED

Created 11/04/2017Registered 13/04/2017Satisfied 05/12/2017

CompanyRankvs 19912+ SIC 68100 peers
66

Financial strength81th percentile among SIC peers · 20/25
Employees60th percentile among SIC peers · 9/15
LiquidityCurrent ratio 1.21× · 12/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
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19912Development Discovery Ltd
66
How is this score calculated?
Financial strength20/25 pts

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

Employees9/15 pts

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

Liquidity12/20 pts

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

Longevity10/15 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 28/02/2020

Net Worth

£64k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

£96k

Working capital

Current Assets

£564k

Current Liabilities

£468k

Fixed Assets

£6k

1avg. employees

Tax at Year End(2019)

Corp tax£4k
VAT£4k

Director Loans(2019)

Company owes directors£79k

Balance Sheet

Assets less current liabilities£103k
Signed by Mr Alan Christie 26th February 2021Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20201.21+£69k—
20190.97—£86k

Derived from filed accounts. Not audited figures.