Discovery Music Distribution Limited
11541075
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- 2 outstanding charges (-4)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 29/08/2018
MANAGING DIRECTOR
BRITISH · UNITED KINGDOM · Age 80
Also on 16 other boards
Persons with Significant Control
Mr Howard John Cooper
British · United Kingdom · Age 80
13a, High Street, Pinner, HA5 5PJ
Notified 29/08/2018
Charges2 outstanding
EASY INVOICE FINANCE LIMITED
CAVENDISH INVESTMENTS (MANCHESTER) LIMITED
CompanyRankvs 278+ SIC 46431 peers19
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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.
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 31/08/2024
Net Worth
-£760k
Balance sheet strength
Cash
—
Cash in the bank
Net Current Assets
-£105k
Working capital
Current Assets
£69k
Current Liabilities
£174k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.40 | +£10k |
| 2023 | 0.51 | -£1.5M |
| 2022 | 0.66 | -£4k |
| 2021 | 0.55 | +£1.5M |
| 2020 | 0.39 | -£196k |
| 2019 | 0.72 | — |
Derived from filed accounts. Not audited figures.