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Opticare Midlands Limited

02310647

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)

Details

UNIT 3, NEWARK ON TRENT, NG24 1DH
Incorporated 31/10/1988

Compliance

Last accounts

30/04/2025

total exemption full

Next accounts due

31/01/2027

On track

Confirmation statement

Last: 24/09/2025

Due 08/10/2026

On track

Industry

86900
Other human health activities

Officers

Mr Shaishav Ramnik Shah Bsc (Hons) Mcoptom

director · Since 23/04/1992

OPTOMETRIST

BRITISH · ENGLAND · Age 62

Also on 2 other boards

Mrs Mauli Shaishav Shah

secretary · Since 02/09/2019

Mr Amar-Kaash Gandecha

director · Since 02/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 37

Also on 1 other board

Mr Shaimil Shah

director · Since 02/09/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 34

Persons with Significant Control

Mr Shaishav Ramnik Shah

25–50% shares
25–50% votes

British · England · Age 62

Unit 3, Newark On Trent, NG24 1DH

Notified 06/04/2016

Mr Shaimil Shah

25–50% shares
25–50% votes

British · United Kingdom · Age 34

Unit 3, Newark On Trent, NG24 1DH

Notified 29/10/2024

Mr Amar-Kaash Gandecha

25–50% shares
25–50% votes

British · England · Age 37

Unit 3, Newark On Trent, NG24 1DH

Notified 29/10/2024

Mrs Mauli Shaishav Shah

25–50% shares
25–50% votes

British · England · Age 59

Unit 3, Newark On Trent, NG24 1DH

Notified 05/01/2026

Mrs Kejal Gandecha

25–50% shares
25–50% votes

British · England · Age 34

Unit 3, Newark On Trent, NG24 1DH

Notified 05/01/2026

Mrs Victoria Leah Shah

25–50% shares
25–50% votes

British · England · Age 33

Unit 3, Newark On Trent, NG24 1DH

Notified 05/01/2026

Former PSCs

Mr Paresh Patel

Ceased 29/10/2024

Charges0 outstanding

Charge
satisfied

SANTANDER UK PLC

Created 16/11/2017Registered 18/11/2017Satisfied 19/01/2026
charge
satisfied

THE ROYAL BANK OF SCOTLAND PLC

Created 17/05/2002Registered 20/05/2002Satisfied 02/06/2017

CompanyRankvs 11052+ SIC 86900 peers
69

Financial strength86th percentile among SIC peers · 22/25
Employees97th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.46× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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11052Opticare Midlands Limited
69
How is this score calculated?
Financial strength22/25 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.

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

Key FinancialsYear ending 30/04/2025

Net Worth

£51k

Balance sheet strength

Cash

£27k

Cash in the bank

Net Current Assets

-£122k

Working capital

Current Assets

£105k

Current Liabilities

£227k

Fixed Assets

£180k

Debtors

£24k

21avg. employees+2

Tax at Year End(2021)

Corp tax£109k

Balance Sheet

Intangible assets£74k
Assets less current liabilities£58k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20250.46-£126k
20241.18-£130k
20231.99+£35k
20221.89+£46k
20211.96+£121k
20201.25+£56k
20190.78—
20180.94—

Derived from filed accounts. Not audited figures.