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First Light Optics Limited

05892293

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

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

Details

7 BUDLAKE UNITS BUDLAKE ROAD, EXETER, EX2 8PY
Incorporated 31/07/2006

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Annette Graham

secretary · Since 31/07/2006

BRITISH

Mr Stephen Leslie Graham

director · Since 31/07/2006

MANAGER

BRITISH · ENGLAND · Age 61

Also on 2 other boards

Mr Grant Bowskill

director · Since 14/03/2017

MANAGER

BRITISH · ENGLAND · Age 41

Also on 5 other boards

Persons with Significant Control

First Light Optics Holdings Limited

75–100% shares
75–100% votes

7 Budlake Units, Budlake Road, Exeter, EX2 8PY

Reg: 15240479 · Register Of Companies · Limited Liability

Notified 19/03/2024

Former PSCs

Mr Stephen Leslie Graham

Ceased 19/03/2024

Mrs Annette Graham

Ceased 19/03/2024

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 01/09/2025Registered 02/09/2025

CompanyRankvs 216+ SIC 47910 peers
80

Financial strength99th percentile among SIC peers · 25/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2.86× · 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 strength25/25 pts

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

Employees15/15 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 31/07/2025

Net Worth

£1.5M

Balance sheet strength

Cash

£373k

Cash in the bank

Net Current Assets

£1.4M

Working capital

Current Assets

£2.1M

Current Liabilities

£751k

Fixed Assets

£150k

Debtors

£156k

20avg. employees+2

Balance Sheet

Intangible assets£12k
Assets less current liabilities£1.5M
Prepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20252.86+£35k
20244.94+£37k
20233.61+£287k
20222.62+£488k
20211.62+£545k
20201.25+£68k
20191.08+£23k
20180.95

Derived from filed accounts. Not audited figures.