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Quality Glaze Optical Laboratories Limited

06405932

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

2ND FLOOR, LONDON, NW3 4QG
Incorporated 22/10/2007

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Barry Reid

director · Since 22/10/2007

DIRECTOR

BRITISH · UNITED KINGDOM · Age 54

Mr Ben Huckle

director · Since 08/08/2018

DISPENSING OPTICIAN

BRITISH · ENGLAND · Age 36

Mrs Helen Louise Reid

director · Since 29/10/2024

DIRECTOR

BRITISH · WALES · Age 55

Also on 1 other board

Persons with Significant Control

Mr Barry Reid

25–50% shares
25–50% votes
Appoint directors

British · United Kingdom · Age 54

2nd Floor, 201 Haverstock Hill, London, NW3 4QG

Notified 01/07/2016

Mr Ben Huckle

25–50% shares
25–50% votes
Appoint directors

British · England · Age 36

201 Haverstock Hill, London, NW3 4QG

Notified 08/08/2018

Former PSCs

Mrs Sangeeta Kaur Koonar

Ceased 08/08/2018

Charges1 outstanding

Charge
outstanding

NATIONWIDE FINANCE LTD

Created 31/10/2024Registered 31/10/2024

CompanyRankvs 39664+ SIC 86900 peers
39

Financial strength3th percentile among SIC peers · 1/25
Employees12th percentile among SIC peers · 2/15
LiquidityCurrent ratio 1.98× · 16/20
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 strength1/25 pts

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

Employees2/15 pts

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

Liquidity16/20 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

-£50k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£85k

Working capital

Current Assets

£173k

Current Liabilities

£87k

Fixed Assets

£10k

Debtors

£91k

0avg. employees

Tax at Year End(2024)

Corp tax£0

Balance Sheet

Assets less current liabilities£95k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.98+£0
20251.98+£10k
20240.89+£43k
20230.76-£1k
20220.82-£28k
20210.60-£27k
20201.03
20190.41
20180.40

Derived from filed accounts. Not audited figures.