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Owl Optical Limited

00946246

active
Private Limited Company
england wales
Companies House
Health Score
63 / 100

Some Concerns

25/30
Filing
0/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

SCRIVENS HOUSE 60 ISLINGTON ROW MIDDLEWAY, BIRMINGHAM, B15 1PH
Incorporated 20/01/1969

Compliance

Last accounts

27/10/2024

full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 27/06/2025

Due 11/07/2026

On track

Industry

47741
47741
47782
Retail sale by opticians

Officers

Mr Nicholas James Georgevic

secretary · Since 30/06/2015

Also on 30 other boards

Mr Nicholas James Georgevic

director · Since 30/06/2015

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 30 other boards

Mr Adrian Michael Ellis

director · Since 28/07/2020

OPERATIONS DIRECTOR

BRITISH · ENGLAND · Age 53

Mr Gareth Owen Parry

director · Since 17/02/2025

DISPENSING OPTICIAN

BRITISH · ENGLAND · Age 60

Persons with Significant Control

Scrivens Ltd

75–100% shares

60, Islington Row Middleway, Birmingham, B15 1PH

Reg: 00377588 · England & Wales · Limited Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

SEAMAP LIMITED

Created 07/08/2024Registered 08/08/2024
charge
satisfied

BARCLAYS BANK PLC

Created 10/03/2008Registered 15/03/2008Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 31/12/1996Registered 14/01/1997Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 19/02/1992Registered 26/02/1992Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 29/08/1989Registered 07/09/1989Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 24/05/1985Registered 05/06/1985Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 24/05/1985Registered 05/06/1985Satisfied 14/07/2015
charge
satisfied

MIDLAND BANK TRUST COMPANY LIMITED.

Created 02/10/1984Registered 04/10/1984Satisfied 26/03/1997
charge
satisfied

BARCLAYS BANK PLC

Created 31/03/1978Registered 13/04/1978Satisfied 14/07/2015
charge
satisfied

BARCLAYS BANK PLC

Created 07/10/1976Registered 12/10/1976Satisfied 14/07/2015

CompanyRankvs 197+ SIC 47741 peers
27

Financial strength1th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.1× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding 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.

Employees15/15 pts

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

Liquidity2/20 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

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. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 27/10/2024

Turnover

£17.4M

Annual revenue

Net Worth

-£9.5M

Balance sheet strength

Cash

£481k

Cash in the bank

Profit Before Tax

-£2.3M

Bottom line earnings

Net Current Assets

-£5.3M

Working capital

Current Assets

£604k

Current Liabilities

£5.9M

Fixed Assets

£4.4M

Debtors

£123k

Gross Profit

£17.4M

Admin Expenses

£19.7M

Operating Profit

-£2.3M

Profit After Tax

-£2.4M

362avg. employees+8

People Costs

Wages & salaries£12.1M
NI contributions£933k

Balance Sheet

Assets less current liabilities-£940k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20240.10-£2.4M
20230.11

Derived from filed accounts. Not audited figures.