Back to search

Discovery First Limited

10432146

active
Private Limited Company
Companies House
Health Score
72 / 100

Some Concerns

30/30
Filing
10/30
Financial
32/40
Risk
  • Current liabilities exceed current assets (-10)
  • 4 outstanding charges (-8)

Details

C/O HASLERS, LOUGHTON, IG10 4PL
Incorporated 17/10/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

85100
Pre-primary education

Officers

Mrs Asha Patel

director · Since 17/10/2016

DENTIST

BRITISH · ENGLAND · Age 37

Also on 2 other boards

Mr Krishan Hansdev Patel

director · Since 17/10/2016

DIRECTOR

BRITISH · ENGLAND · Age 39

Also on 5 other boards

Persons with Significant Control

Krishan Hansdev Patel

25–50% shares
25–50% votes

British · England · Age 39

C/O Haslers, Old Station Road, Loughton, IG10 4PL

Notified 17/10/2016

Mrs Asha Patel

25–50% shares
25–50% votes

British · England · Age 37

C/O Haslers, Old Station Road, Loughton, IG10 4PL

Notified 29/11/2017

Charges4 outstanding

Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/05/2022Registered 04/05/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 22/04/2022Registered 27/04/2022
Charge
outstanding

BARCLAYS SECURITY TRUSTEE LIMITED

Created 03/08/2021Registered 05/08/2021
Charge
outstanding

BARCLAYS BANK PLC

Created 09/08/2017Registered 17/08/2017

CompanyRankvs 3631+ SIC 85100 peers
43

Financial strength89th percentile among SIC peers · 22/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 0.32× · 2/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
1Norfolk House School Limited
90
2The Blackheath Day Nursery Limited
90
3St George'S Weybridge
90
4Select Enterprises (South East) Limited
90
5Fisherfield Childcare Ltd
90
6Busy Bees Day Nurseries (Trading) Limited
90
7Good Manors Day Nurseries Limited
90
8Careroom Limited
90
9The Gower Schools Limited
90
10Bruton School For Girls
90
3631Discovery First Limited
52
How is this score calculated?
Financial strength22/25 pts

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

Employees4/15 pts

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

Liquidity2/20 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.

Risk deductions

Outstanding charges: -10 pts

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

£352k

Balance sheet strength

Cash

—

Cash in the bank

Net Current Assets

-£334k

Working capital

Current Assets

£155k

Current Liabilities

£489k

Fixed Assets

£2.4M

2avg. employees

Balance Sheet

Assets less current liabilities£2.1M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32+£29k
20230.46+£42k
20210.14+£90k
20200.14+£9k
20190.14+£21k
20180.15—

Derived from filed accounts. Not audited figures.