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Manchester Optical Ltd

04746961

active
Private Limited Company
Companies House
Health Score
68 / 100

Some Concerns

30/30
Filing
0/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

277 STOCKPORT ROAD, ASHTON-UNDER-LYNE, OL7 0NT
Incorporated 28/04/2003

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

74909
Other professional, scientific and technical activities

Officers

Mr Brian Mark Penchion

secretary · Since 12/05/2003

OPTICIAN

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Paul Gray

director · Since 12/05/2003

OPTICIAN

BRITISH · UNITED KINGDOM · Age 60

Mr Brian Mark Penchion

director · Since 12/05/2003

OPTICIAN

BRITISH · ENGLAND · Age 68

Also on 5 other boards

Mr Nathan Paul William Gray

director · Since 20/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 26

Mr Gary Penchion

director · Since 20/10/2022

DIRECTOR

BRITISH · ENGLAND · Age 43

Persons with Significant Control

Mr Brian Mark Penchion

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · England · Age 68

277, Stockport Road, Ashton-Under-Lyne, OL7 0NT

Notified 28/04/2017

Mr Paul Gray

25–50% shares
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes
voting-rights-25-to-50-percent-as-firm

British · England · Age 60

277, Stockport Road, Ashton-Under-Lyne, OL7 0NT

Notified 28/04/2017

Charges1 outstanding

charge
outstanding

BIBBY FINANCIAL SERVICES LTD (AS SECURITY TRUSTEE)

Created 16/03/2012Registered 22/03/2012

CompanyRankvs 33516+ SIC 74909 peers
42

Financial strength13th percentile among SIC peers · 3/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.76× · 6/20
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 strength3/25 pts

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

Employees13/15 pts

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

Liquidity6/20 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 31/05/2025

Net Worth

-£2k

Balance sheet strength

Cash

£25k

Cash in the bank

Net Current Assets

-£36k

Working capital

Current Assets

£113k

Current Liabilities

£149k

Fixed Assets

£41k

Debtors

£44k

3avg. employees

Tax at Year End

Corp tax£2k

Balance Sheet

Intangible assets£32k
Bank loans & overdrafts£6k
Assets less current liabilities£5k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.76+£0
20250.76
20240.78
20230.81

Derived from filed accounts. Not audited figures.