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Discovery Systems Limited

13102403

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

118 ADAGIO POINT, LONDON, SE8 3FJ
Incorporated 29/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

62090
Other information technology service activities

Officers

Mr Paul Nicholas Deason

director · Since 29/12/2020

COMPUTER PROGRAMMER

BRITISH · ENGLAND · Age 44

Also on 1 other board

Persons with Significant Control

Mr Paul Nicholas Deason

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

British · England · Age 44

118 Adagio Point, 3 Laban Walk, London, SE8 3FJ

Notified 29/12/2020

Charges1 outstanding

Charge
outstanding

PAUL DEASON

Created 03/01/2023Registered 13/01/2023

CompanyRankvs 44215+ SIC 62090 peers
27

Financial strength2th percentile among SIC peers · 1/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.02× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

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

Employees13/15 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.

Longevity6/15 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

-£255k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£255k

Working capital

Current Assets

£6k

Current Liabilities

£261k

3avg. employees-2

Balance Sheet

Assets less current liabilities-£255k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.02-£45k
20230.06-£40k
20220.11-£101k
20210.23

Derived from filed accounts. Not audited figures.