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Acorn Optical Limited

02110657

active
Private Limited Company
england wales
Companies House
Health Score
59 / 100

Notable Risks

25/30
Filing
0/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

GROUND FLOOR, ADVANCE HOUSE UNIT 9, WATERFALL LANE TRADING ESTATE, CRADLEY HEATH, B64 6PU
Incorporated 13/03/1987

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

31/05/2027

On track

Confirmation statement

Last: 15/05/2026

Due 29/05/2027

On track

Industry

47782
Retail sale by opticians

Officers

Mr Mark Francis Douglas Alexander

secretary · Since 15/05/1991

Y

BRITISH · UNITED KINGDOM · Age 63

Also on 9 other boards

Mr Mark Francis Douglas Alexander

director · Since 15/05/1991

OPTICIAN

BRITISH · UNITED KINGDOM · Age 63

Also on 9 other boards

Mr Christopher John Blackburn

director · Since 15/05/1991

OPTICIAN

BRITISH · ENGLAND · Age 65

Also on 2 other boards

Persons with Significant Control

Mr Mark Francis Douglas Alexander

25–50% shares
25–50% votes

British · England · Age 63

Ground Floor, Advance House, Unit 9, Waterfall Lane Trading Estate, Cradley Heath, B64 6PU

Notified 06/04/2016

Mr Christopher John Blackburn

25–50% shares
25–50% votes

British · England · Age 65

Ground Floor, Advance House, Unit 9, Waterfall Lane Trading Estate, Cradley Heath, B64 6PU

Notified 06/04/2016

Charges3 outstanding

charge
satisfied

LLOYDS TSB BANK PLC

Created 15/01/2009Registered 17/01/2009Satisfied 07/02/2024
charge
outstanding

YORKSHIRE BANK PLC

Created 26/03/2001Registered 06/04/2001
charge
satisfied

YORKSHIRE BANK PLC

Created 03/10/1988Registered 13/10/1988Satisfied 02/03/1990
charge
outstanding

YORKSHIRE BANK PLC

Created 03/08/1988Registered 10/08/1988
charge
outstanding

YORKSHIRE BANK PLC

Created 03/08/1988Registered 10/08/1988

CompanyRankvs 1170+ SIC 47782 peers
23

Financial strength5th percentile among SIC peers · 1/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.26× · 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 strength1/25 pts

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

Employees10/15 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

00 7 Creditors: amounts falling due after one year 2024 2023 £ £ Bank loans 3,750 8,750 8 Share capital 2024 2023 £ £ Allotted, called up and fully paid: Ordinary shares 100 100 9 Going concern The accounts have been prepared on the going concern basis. However, the balance sheet shows the company had net liabilities of £62,824 at 31 August 2024. There is a material uncert

Key FinancialsYear ending 31/08/2024

Net Worth

-£63k

Balance sheet strength

Cash

£21

Cash in the bank

Net Current Assets

-£83k

Working capital

Current Assets

£30k

Current Liabilities

£113k

Fixed Assets

£24k

Debtors

£13k

4avg. employees-1

Balance Sheet

Bank loans & overdrafts£4k
Assets less current liabilities-£59k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.26+£559
20230.28-£25k
20220.39+£5k
20210.41+£32k
20200.69+£17k
20190.22-£17k
20180.35

Derived from filed accounts. Not audited figures.