Discount Discs (uk) Limited

Discount Discs Uk Ltd, based in Leek, UK, is a small, family-run business with an active status. Founded 18 years ago in 2006, it employs seven people and holds £151,508 in assets. The company has three directors and two owners, and boasts a Google rating of 4.0 based on three reviews. It's a regular importer of miscellaneous manufactured goods, with 13 months of import activity recorded, the latest in January 2025.

The company operates in the retail sale via mail order houses or via internet industries. However, its online shop has closed. The website states, "The online shop you were looking for has been closed," indicating a cessation of e-commerce operations.

Financially, Discount Discs Uk Ltd presents a mixed picture. Current assets decreased by 27% to £150,000, while net assets dropped 21% to £81,000. Bank borrowings decreased by 31% to £9,000, and cash reserves increased by 17% to £8,400. Creditors decreased by 44%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company's depreciation charges have remained constant, and the number of employees has decreased from seven to five.

In short, Discount Discs Uk Ltd is facing challenges with its online presence, but it’s holding steady financially. The family business model suggests resilience, but the future depends on adapting to the changing retail landscape.

Registered in England/Wales under the registration number 05903751, with a registered address at ST13 8BF, Leek, Staffordshire, Unit 18 Town Yard Business Park, Station Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.