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The Spectacle Factory Shop Limited

02985333

active
Private Limited Company
england wales
Companies House
Health Score
86 / 100

Healthy

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

Details

348 UNION ROAD, ACCRINGTON, BB5 3JD
Incorporated 01/11/1994

Compliance

Last accounts

31/08/2025

total exemption full

Next accounts due

29/05/2027

On track

Confirmation statement

Last: 01/11/2025

Due 15/11/2026

On track

Industry

47782
Retail sale by opticians

Officers

Mr Asif Rashid

secretary · Since 26/06/2007

ACCOUNTANT

BRITISH · UNITED KINGDOM · Age 52

Also on 4 other boards

Mr Asif Rashid

director · Since 26/06/2007

ACCOUNTANT

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Mr Imran Rashid

director · Since 26/06/2007

OPTICIAN

BRITISH · ENGLAND · Age 48

Also on 1 other board

Persons with Significant Control

The Eye Clinic (Nw) Limited

75–100% shares
75–100% votes

348, Union Road, Accrington, BB5 3JD

Notified 31/10/2019

Charges2 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/03/2016Registered 17/03/2016
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 20/10/2015Registered 21/10/2015

CompanyRankvs 46+ SIC 47782 peers
76

Financial strength88th percentile among SIC peers · 22/25
Employees91th percentile among SIC peers · 14/15
LiquidityCurrent ratio 3.18× · 20/20
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 strength22/25 pts

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

Employees14/15 pts

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

Liquidity20/20 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 31/08/2025

Net Worth

£205k

Balance sheet strength

Cash

£21k

Cash in the bank

Net Current Assets

£270k

Working capital

Current Assets

£394k

Current Liabilities

£124k

Fixed Assets

£5k

Debtors

£360k

10avg. employees-1

Balance Sheet

Assets less current liabilities£275k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.18+£17k
20242.30+£4k
20232.96

Derived from filed accounts. Not audited figures.