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Discount Tech Ltd

14415613

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

DISCOUNT TECH LTD UNIT 67 BIZSPACE BUSINESS PARK KINGS ROAD, BIRMINGHAM, B11 2AL
Incorporated 12/10/2022

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Asif Sultan

director · Since 12/10/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 56

Also on 3 other boards

Persons with Significant Control

Mr Asif Sultan

75–100% shares
75–100% votes

British · United Kingdom · Age 56

Discount Tech Ltd Unit 67 Bizspace Business Park, Kings Road, Birmingham, B11 2AL

Notified 12/10/2022

CompanyRankvs 39685+ SIC 47910 peers
45

Financial strength73th percentile among SIC peers · 18/25
Employees54th percentile among SIC peers · 8/15
LiquidityNo balance sheet data · 0/20
Longevity4 years trading (max 15) · 4/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength18/25 pts

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

Employees8/15 pts

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

Liquidity0/20 pts

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

Longevity4/15 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 31/10/2024

Turnover

£6k

Annual revenue

Net Worth

£3k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£3k

Working capital

Current Assets

£3k

Current Liabilities

Profit After Tax

-£182

1avg. employees

Balance Sheet

Assets less current liabilities£3k
Signed by 1.11.23Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent Ratio
2023Infinity

Derived from filed accounts. Not audited figures.