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Independent Optics Limited

02116735

active
Private Limited Company
Companies House
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

20 NORMAN WAY, OVER, CB24 5QE
Incorporated 30/03/1987

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr Jeremy Paul Izard

director · Since 23/08/2016

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 59

Also on 2 other boards

Mrs Lisa Jacqueline Izard

director · Since 19/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 60

Also on 1 other board

Mr Andrew Paul Dickinson

director · Since 24/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 64

Also on 7 other boards

Mr Ronald Watson Smith

director · Since 24/10/2023

DIRECTOR

BRITISH · ENGLAND · Age 61

Also on 5 other boards

Mr Jonathan Michael Walden

director · Since 24/10/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 5 other boards

Persons with Significant Control

Independent Optics Group Limited

75–100% shares
75–100% votes
Appoint directors

20, Norman Way Industrial Estate, Cambridge, CB24 5QE

Reg: 15153426 · Companies House Register Uk · Private Company Limited By Shares

Notified 24/10/2023

Former PSCs

Mr Jeremy Paul Izard

Ceased 24/10/2023

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 27/11/2025Registered 10/12/2025
Charge
satisfied

SANTANDER UK PLC

Created 28/02/2020Registered 13/03/2020Satisfied 20/11/2025
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/06/1987Registered 10/06/1987Satisfied 20/08/2016

CompanyRankvs 6609+ SIC 32990 peers
51

Financial strength50th percentile among SIC peers · 13/25
Employees82th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.98× · 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 strength13/25 pts

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

Employees12/15 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

£7k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£219k

Current Liabilities

£223k

Fixed Assets

£42k

9avg. employees+2

Balance Sheet

Assets less current liabilities£38k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.98+£665
20231.04-£6k
20221.25
20211.52
20201.35+£10k
20191.28-£15k
20181.17

Derived from filed accounts. Not audited figures.