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Optima Manufacturing Jewellers Ltd

00903768

voluntary arrangement
Private Limited Company
Companies House
Health Score
N/A

Details

124-128 HOCKLEY HILL, BIRMINGHAM, B18 5AN
Incorporated 17/04/1967

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32120
Manufacture of jewellery and related articles

Officers

Mr Russell Keith Ambrose

director · Since 10/05/1999

MANUFACTURER

BRITISH · UNITED KINGDOM · Age 76

Also on 14 other boards

Mr Michael Adrian Joseph

secretary · Since 01/02/2024

Persons with Significant Control

Mr Russell Keith Ambrose

75–100% shares

British · United Kingdom · Age 76

124-128, Hockley Hill, Birmingham, B18 5AN

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

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satisfied

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CompanyRankvs 15+ SIC 32120 peers
26

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 0.66× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees0/15 pts

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

Liquidity6/20 pts

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

Longevity15/15 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 30/09/2024

Net Worth

-£3.7M

Balance sheet strength

Cash

£99k

Cash in the bank

Net Current Assets

-£750k

Working capital

Current Assets

£1.5M

Current Liabilities

£2.2M

Fixed Assets

£398k

Debtors

£506k

42avg. employees-8

Balance Sheet

Assets less current liabilities-£353k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20240.66-£834k
20231.03-£515k
20221.44-£53k
20211.51-£117k
20201.52-£386k
20191.74

Derived from filed accounts. Not audited figures.