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City Opticians Limited

02949498

active
Private Limited Company
Companies House
Health Score
86 / 100

Healthy

30/30
Filing
20/30
Financial
36/40
Risk
  • 2 outstanding charges (-4)

Details

75 CHANCERY LANE, WC2A 1AA
Incorporated 15/07/1994

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47789
Other retail sale of new goods in specialised stores

Officers

Amajit Singh Notta

director · Since 20/06/2016

OPTICIAN

BRITISH · ENGLAND · Age 63

Mr Garry Otto Cheek

director · Since 28/06/2019

DISPENSING OPTICIAN MANAGER

IRISH · ENGLAND · Age 69

Also on 1 other board

Ms Sinead Sweeney

director · Since 28/06/2019

OPTOMETRIST

IRISH · UNITED KINGDOM · Age 45

Also on 2 other boards

Persons with Significant Control

Mr Amarjit Singh Notta

ownership-of-shares-75-to-100-percent-as-firm

British · United Kingdom · Age 63

75 Chancery Lane, WC2A 1AA

Notified 20/06/2016

Charges2 outstanding

Charge
outstanding

ESSILOR LIMITED

Created 20/06/2016Registered 21/06/2016
charge
outstanding

HSBC BANK PLC

Created 11/05/2004Registered 12/05/2004
charge
satisfied

CLYDESDALE BANK PLC

Created 15/04/1996Registered 22/04/1996Satisfied 09/06/2009

CompanyRankvs 2998+ SIC 47789 peers
54

Financial strength70th percentile among SIC peers · 18/25
Employees29th percentile among SIC peers · 4/15
LiquidityCurrent ratio 1.16× · 12/20
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 strength18/25 pts

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

Employees4/15 pts

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

Liquidity12/20 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 31/12/2024

Net Worth

£39k

Balance sheet strength

Cash

£3k

Cash in the bank

Net Current Assets

£20k

Working capital

Current Assets

£143k

Current Liabilities

£123k

Fixed Assets

£32k

Debtors

£69k

1avg. employees

Tax at Year End(2018)

Corp tax£384

Balance Sheet

Bank loans & overdrafts£13k
Assets less current liabilities£52k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20241.16-£15k
20231.28-£21k
20221.53-£7k
20211.64-£12k
20201.82-£8k
20191.71+£191
20181.58-£8k
20171.70

Derived from filed accounts. Not audited figures.