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Optical Suppliers Limited

07254062

active
Private Limited Company
Companies House
Health Score
81 / 100

Healthy

25/30
Filing
20/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • 2 outstanding charges (-4)

Details

FRENSHAM FENCER HILL PARK, NEWCASTLE UPON TYNE, NE3 2EA
Incorporated 14/05/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Zagham Sharif

director · Since 01/11/2023

OPTICIAN

BRITISH · UNITED KINGDOM · Age 47

Also on 24 other boards

Persons with Significant Control

Ilharia Holdings Limited

75–100% shares

Frensham, Fencer Hill Park, Newcastle Upon Tyne, NE3 2EA

Reg: 11227373 · Registrar Of Companies For England And Wales · Private Limited Company

Notified 01/11/2023

Former PSCs

Mr Matthew Specter

Ceased 01/11/2023

Charges2 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 30/04/2026Registered 08/05/2026
Charge
outstanding

LLOYDS BANK PLC

Created 30/04/2026Registered 06/05/2026

CompanyRankvs 1103+ SIC 47782 peers
35

Financial strength6th percentile among SIC peers · 2/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.47× · 2/20
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 strength2/25 pts

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

Employees11/15 pts

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

Liquidity2/20 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 31/10/2024

Net Worth

-£43k

Balance sheet strength

Cash

£15k

Cash in the bank

Profit Before Tax

£2k

Bottom line earnings

Net Current Assets

-£65k

Working capital

Current Assets

£57k

Current Liabilities

£121k

Fixed Assets

£48k

Debtors

£28k

Gross Profit

£306k

Operating Profit

£3k

Profit After Tax

-£3k

5avg. employees-2

People Costs

Wages & salaries£207k
NI contributions£13k

Balance Sheet

Intangible assets£5k
Depreciation£11k
Assets less current liabilities-£17k
Prepared with Sage Accounts Production 24.0 - FRS102_2024

EstimatesDerived

YearCurrent RatioImplied Profit
20240.47-£3k
20230.39-£42k
20220.94-£63k
20211.08+£42k
20200.65

Derived from filed accounts. Not audited figures.