DISCOVER THE WORLD LIMITED
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Next accounts due
2027-06-30 (in 1y)
Last filed for 2025-09-30
Confirmation statement due
2026-11-10 (in 6mo)
Last made up 2025-10-27
Watchouts
None on the register
Cash
£8M
-10.7% vs 2024
Net assets
£343K
+135.3% first positive since 2022
Employees
89
-2.2% vs 2024
Profit before tax
£681K
+754% highest in 6 filed years
Name history
Renamed 1 time since incorporation
- DISCOVER THE WORLD LIMITED 1989-05-31 → present
- ODYSSEY TRAVEL LIMITED 1988-09-13 → 1989-05-31
Net assets
10-year trend · vs Consumer Discretionary median
Accounts
10-year trend · latest reflected 2025-09-30
| Metric | Trend | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2022-09-30 | 2022-10-01 | 2023-09-30 | 2023-10-01 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | £12,312,425 | — | £1,603,118 | — | £9,011,256 | — | £20,384,100 | — | £24,594,086 | £27,909,529 | |
| Operating profit | -£437,303 | — | -£754,289 | — | -£961,491 | — | £555,661 | — | -£358,886 | £467,668 | |
| Profit before tax | -£226,421 | — | -£402,500 | — | -£556,832 | — | £617,501 | — | -£104,108 | £680,846 | |
| Net profit | -£206,152 | — | -£292,830 | — | -£496,186 | — | £582,919 | — | -£113,413 | £497,202 | |
| Cash | £3,233,022 | — | £1,501,113 | — | £3,980,015 | — | £7,166,718 | — | £8,889,289 | £7,937,114 | |
| Total assets less current liabilities | £1,969,042 | — | £641,644 | — | -£307,945 | — | £280,577 | — | £271,092 | £525,539 | |
| Net assets | £465,255 | — | £172,425 | — | -£323,761 | — | £259,158 | — | £145,745 | £342,947 | |
| Equity | £465,255 | £465,255 | £172,425 | £172,425 | -£323,761 | -£323,761 | £259,158 | £259,158 | £145,745 | £342,947 | |
| Average employees | 75 | — | 42 | — | 49 | — | 68 | — | 91 | 89 | |
| Wages | £2,720,988 | — | £1,421,189 | — | £1,710,302 | — | £2,430,815 | — | £3,529,976 | £3,811,474 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-09-30 | 2020-10-01 | 2021-09-30 | 2021-10-01 | 2022-09-30 | 2022-10-01 | 2023-09-30 | 2023-10-01 | 2024-09-30 | 2025-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | -3.6% | — | -47.1% | — | -10.7% | — | 2.7% | — | -1.5% | 1.7% | |
| Net margin | -1.7% | — | -18.3% | — | -5.5% | — | 2.9% | — | -0.5% | 1.8% | |
| Return on capital employed | -22.2% | — | -117.6% | — | 312.2% | — | 198.0% | — | -132.4% | 89.0% | |
| Current ratio | — | — | — | — | — | — | — | — | 0.99x | 1.01x | |
| Interest cover | — | — | — | — | -50604.79x | — | 50514.64x | — | -16313.00x | 4066.68x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Xeinadin Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Group structure
- DISCOVER THE WORLD LIMITED · parent
- Arctic Experience Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LEANEY, Mark | Secretary | — | — | British |
| FURLEPA, Paul Andrzej | Director | 2016-04-11 | Nov 1964 | British |
| LEANEY, Mark | Director | — | Nov 1951 | British |
| SHERLOCK, Nicola Jayne | Director | 2023-11-30 | Jul 1968 | English |
| STACEY, Clive Lindsay | Director | — | Jul 1953 | British |
| STACEY, Daniel Clive James | Director | 2015-05-18 | Jul 1983 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BEALE, Mark Ernest | Director | 2009-12-01 | 2010-06-17 |
| CARWARDINE, Mark | Director | — | 1994-07-10 |
| HANCOCK, Georgina | Director | 2015-05-18 | 2024-12-13 |
| PARRY, Robin William | Director | 2020-08-10 | 2022-08-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Clive Lindsay Stacey | Individual | Significant influence | 2016-04-06 | Active |
Filing timeline
Last 20 of 117 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-17 | AA | accounts | Accounts with accounts type full | |
| 2025-10-27 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-05-08 | AA | accounts | Accounts with accounts type full | |
| 2025-01-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-06-25 | AA | accounts | Accounts with accounts type full | |
| 2024-04-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-01-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-30 | AP01 | officers | Appoint person director company with name date | |
| 2023-06-26 | AA | accounts | Accounts with accounts type full | |
| 2023-01-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-11-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-11-08 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-11-03 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-06-27 | AA | accounts | Accounts with accounts type full | |
| 2022-02-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-07-13 | AA | accounts | Accounts with accounts type full | |
| 2021-04-07 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-02-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-08-27 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-09-30 vs 2024-09-30
-
Turnover
+13.5%
£24,594,086 £27,909,529
highest in 6 filed years
-
Cash
-10.7%
£8,889,289 £7,937,114
-
Net assets
+135.3%
£145,745 £342,947
first positive since 2022
-
Employees
-2.2%
91 89
-
Operating profit
+230.3%
-£358,886 £467,668
first positive since 2024
-
Profit before tax
+754%
-£104,108 £680,846
highest in 6 filed years
-
Wages
+8%
£3,529,976 £3,811,474
highest in 6 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers