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Federation Of Optometrists And Dispensing Opticians Educational Charity

03524572

active
PRI/LBG/NSC (Private, Limited by guarantee, no share capital, use of 'Limited' exemption)
england wales
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

34 HIGH STREET, WALSALL, WS9 8LZ
Incorporated 10/03/1998

Compliance

Last accounts

31/12/2024

total exemption full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 10/03/2026

Due 24/03/2027

On track

Industry

85421
First-degree level higher education

Officers

Mr David Deryck Hewlett

secretary · Since 03/05/2005

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 9 other boards

Mr. Stuart Alan Tinger

director · Since 01/03/2015

DIRECTOR

BRITISH · UNITED KINGDOM · Age 79

Also on 3 other boards

Mr David Deryck Hewlett

director · Since 04/10/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 9 other boards

Mr Harjit Sandhu

director · Since 04/10/2019

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 45

Also on 2 other boards

CompanyRankvs 93+ SIC 85421 peers
78

Financial strength96th percentile among SIC peers · 24/25
Employees28th percentile among SIC peers · 4/15
LiquidityCurrent ratio 264.79× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
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93Federation Of Optometrists And Dispensing Opticians Educational Charity
78
How is this score calculated?
Financial strength24/25 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.

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.

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

£507k

Balance sheet strength

Cash

£359k

Cash in the bank

Net Current Assets

£507k

Working capital

Current Assets

£509k

Current Liabilities

£2k

Debtors

£150k

0avg. employees

Balance Sheet

Assets less current liabilities£507k
Interest receivable£5k
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024_Charity

EstimatesDerived

YearCurrent Ratio
2024264.79

Derived from filed accounts. Not audited figures.