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Opticlear Limited

04149457

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

1 KINGS AVENUE, LONDON, N21 3NA
Incorporated 29/01/2001

Compliance

Last accounts

31/08/2024

total exemption full

Next accounts due

31/08/2026

On track

Confirmation statement

Last: 29/01/2026

Due 12/02/2027

On track

Industry

47782
Retail sale by opticians

Officers

Mr Sukhdev Singh Notta

director · Since 02/04/2007

OPTICIAN

BRITISH · ENGLAND · Age 56

Also on 3 other boards

Persons with Significant Control

Opticlear2 Limited

ownership-of-shares-75-to-100-percent-as-firm
voting-rights-75-to-100-percent-as-firm
right-to-appoint-and-remove-directors-as-firm

1 Kings Avenue, London, N21 3NA

Reg: 06074435 · Psc Register · Limited Liability Company

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 05/02/2018Registered 06/02/2018
Charge
satisfied

BOOTS OPTICIANS PROFESSIONAL SERVICES LIMITED AS THE LENDER

Created 08/05/2017Registered 12/05/2017Satisfied 06/06/2018
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 02/04/2007Registered 05/04/2007Satisfied 06/06/2018

CompanyRankvs 441+ SIC 47782 peers
58

Financial strength64th percentile among SIC peers · 16/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 1.22× · 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 strength16/25 pts

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

Employees10/15 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 31/08/2024

Net Worth

£37k

Balance sheet strength

Cash

£391

Cash in the bank

Net Current Assets

£61k

Working capital

Current Assets

£342k

Current Liabilities

£281k

Fixed Assets

£86k

Debtors

£309k

4avg. employees

Balance Sheet

Assets less current liabilities£146k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.22-£12k
20231.30-£20k
20221.40+£7k
20211.45+£37k
20201.45+£17k
20191.15+£18k
20181.24

Derived from filed accounts. Not audited figures.