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Opera Gallery London Limited

05245534

active
Private Limited Company
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Loss before tax (-10)
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

10-12 BOURLET CLOSE, LONDON, W1W 7BR
Incorporated 29/09/2004

Compliance

Last accounts

31/12/2024

medium

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 12/08/2025

Due 26/08/2026

On track

Industry

47789
Other retail sale of new goods in specialised stores
82990
Other business support service activities

Officers

Gilles Michel Dyan

director · Since 29/09/2004

DIRECTOR

FRENCH · SINGAPORE · Age 65

Persons with Significant Control

Opera Gallery Group Limited

75–100% shares

13, Hanover Square, London, W1S 1HN

Reg: 4202567 · Companies House England And Wales · Private Company Limited By Shares

Notified 06/04/2016

Charges1 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 06/03/2024Registered 19/03/2024
charge
satisfied

HSBC BANK PLC

Created 29/08/2007Registered 04/09/2007Satisfied 24/10/2017
charge
satisfied

NEWSTATES LTD

Created 11/02/2005Registered 16/02/2005Satisfied 27/09/2023

CompanyRankvs 185+ SIC 47789 peers
68

Financial strength99th percentile among SIC peers · 25/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 2.11× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength25/25 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.

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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the director with respect to going con

Key FinancialsYear ending 31/12/2024

Turnover

£13.9M

Annual revenue

Net Worth

£5.5M

Balance sheet strength

Cash

£1.0M

Cash in the bank

Profit Before Tax

-£409k

Bottom line earnings

Net Current Assets

£4.8M

Working capital

Current Assets

£9.1M

Current Liabilities

£4.3M

Fixed Assets

£1.7M

Debtors

£2.4M

Cost of Sales

£11.0M

Gross Profit

£2.9M

Admin Expenses

£2.1M

Operating Profit

-£223k

Profit After Tax

-£345k

7avg. employees+1

Tax at Year End(2019)

Corp tax£2k

Director Loans

Company owes directors£8k

People Costs

Wages & salaries£219k
NI contributions£34k

Balance Sheet

Assets less current liabilities£6.5M
Prepared with Sage Accounts Production Advanced 2024 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20242.11-£345k
20235.41-£7k
20212.26-£381k
20202.98+£18k
20192.98

Derived from filed accounts. Not audited figures.