discovery r&d ltd
discovery r&d ltd Company Information
Company Number
13035951
Website
-Registered Address
67 westow street, london, SE19 3RW
Industry
Tax consultancy
Telephone
-
Next Accounts Due
September 2025
Group Structure
View All
Shareholders
alan john fitzgerald 25%
neil harvey 25%
View Alldiscovery r&d ltd Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY R&D LTD at £288.5k based on a Turnover of £205.3k and 1.41x industry multiple (adjusted for size and gross margin).
discovery r&d ltd Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY R&D LTD at £0 based on an EBITDA of £-5.4k and a 6.04x industry multiple (adjusted for size and gross margin).
discovery r&d ltd Estimated Valuation
Pomanda estimates the enterprise value of DISCOVERY R&D LTD at £5.6k based on Net Assets of £1.7k and 3.24x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Discovery R&d Ltd Overview
Discovery R&d Ltd is a live company located in london, SE19 3RW with a Companies House number of 13035951. It operates in the tax consultancy sector, SIC Code 69203. Founded in November 2020, it's largest shareholder is alan john fitzgerald with a 25% stake. Discovery R&d Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £205.3k with unknown growth in recent years.
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Discovery R&d Ltd Health Check
Pomanda's financial health check has awarded Discovery R&D Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 4 areas for improvement. Company Health Check FAQs
1 Strong
3 Regular
4 Weak
Size
annual sales of £205.3k, make it smaller than the average company (£377k)
- Discovery R&d Ltd
£377k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Discovery R&d Ltd
- - Industry AVG
Production
with a gross margin of 76.7%, this company has a comparable cost of product (76.7%)
- Discovery R&d Ltd
76.7% - Industry AVG
Profitability
an operating margin of -2.6% make it less profitable than the average company (8%)
- Discovery R&d Ltd
8% - Industry AVG
Employees
with 2 employees, this is below the industry average (5)
2 - Discovery R&d Ltd
5 - Industry AVG
Pay Structure
on an average salary of £53.9k, the company has an equivalent pay structure (£53.9k)
- Discovery R&d Ltd
£53.9k - Industry AVG
Efficiency
resulting in sales per employee of £102.7k, this is equally as efficient (£102.7k)
- Discovery R&d Ltd
£102.7k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Discovery R&d Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Discovery R&d Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Discovery R&d Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 51 weeks, this is more cash available to meet short term requirements (20 weeks)
51 weeks - Discovery R&d Ltd
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 74%, this is a higher level of debt than the average (62.1%)
74% - Discovery R&d Ltd
62.1% - Industry AVG
DISCOVERY R&D LTD financials
Discovery R&D Ltd's latest turnover from December 2023 is estimated at £205.3 thousand and the company has net assets of £1.7 thousand. According to their latest financial statements, Discovery R&D Ltd has 2 employees and maintains cash reserves of £4.9 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Turnover | |||
| Other Income Or Grants | |||
| Cost Of Sales | |||
| Gross Profit | |||
| Admin Expenses | |||
| Operating Profit | |||
| Interest Payable | |||
| Interest Receivable | |||
| Pre-Tax Profit | |||
| Tax | |||
| Profit After Tax | |||
| Dividends Paid | |||
| Retained Profit | |||
| Employee Costs | |||
| Number Of Employees | 2 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 |
| Misc Debtors | 1,753 | 25 | 0 |
| Cash | 4,943 | 23,807 | 1 |
| misc current assets | 0 | 0 | 0 |
| total current assets | 6,696 | 23,832 | 1 |
| total assets | 6,696 | 23,832 | 1 |
| Bank overdraft | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| other current liabilities | 4,953 | 17,488 | 0 |
| total current liabilities | 4,953 | 17,488 | 0 |
| loans | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 |
| total liabilities | 4,953 | 17,488 | 0 |
| net assets | 1,743 | 6,344 | 1 |
| total shareholders funds | 1,743 | 6,344 | 1 |
| Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 |
| Tax | |||
| Stock | 0 | 0 | 0 |
| Debtors | 1,728 | 25 | 0 |
| Creditors | 0 | 0 | 0 |
| Accruals and Deferred Income | -12,535 | 17,488 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 |
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | 0 | 0 | 0 |
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 |
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -18,864 | 23,806 | 1 |
| overdraft | 0 | 0 | 0 |
| change in cash | -18,864 | 23,806 | 1 |
discovery r&d ltd Credit Report and Business Information
Discovery R&d Ltd Competitor Analysis
Perform a competitor analysis for discovery r&d ltd by selecting its closest rivals and benchmarking them against 12 key performance metrics.
discovery r&d ltd Ownership
DISCOVERY R&D LTD group structure
Discovery R&D Ltd has no subsidiary companies.
Ultimate parent company
DISCOVERY R&D LTD
13035951
discovery r&d ltd directors
Discovery R&D Ltd currently has 4 directors. The longest serving directors include Mr Neil Harvey (Nov 2020) and Mr Georgios Georgiou (Nov 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Neil Harvey | United Kingdom | 60 years | Nov 2020 | - | Director |
| Mr Georgios Georgiou | United Kingdom | 48 years | Nov 2023 | - | Director |
| Mr Alan Fitzgerald | England | 72 years | Nov 2023 | - | Director |
| Mr Steven Collins | England | 44 years | Nov 2023 | - | Director |
P&L
December 2023turnover
205.3k
+127%
operating profit
-5.4k
0%
gross margin
76.7%
+9.69%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1.7k
-0.73%
total assets
6.7k
-0.72%
cash
4.9k
-0.79%
net assets
Total assets minus all liabilities
Similar Companies
discovery r&d ltd company details
company number
13035951
Type
Private limited with Share Capital
industry
69203 - Tax consultancy
incorporation date
November 2020
age
4
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
67 westow street, london, SE19 3RW
last accounts submitted
December 2023
discovery r&d ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to discovery r&d ltd.
discovery r&d ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
