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Optical World (Southall) Ltd

07516006

active
Private Limited Company
Companies House
Health Score
84 / 100

Healthy

30/30
Filing
20/30
Financial
34/40
Risk
  • 3 outstanding charges (-6)

Details

11 THE BROADWAY, SOUTHALL, UB1 1JR
Incorporated 03/02/2011

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

86900
Other human health activities

Officers

Mr Jagjit Singh Sagoo

director · Since 03/02/2011

OPTHALMIC OPTICIAN

BRITISH · ENGLAND · Age 65

Also on 11 other boards

Mrs Hardish Kaur Sagoo

secretary · Since 11/08/2020

Persons with Significant Control

Mr Jagjit Singh Sagoo

50–75% shares
50–75% votes
Appoint directors

British · England · Age 65

11, The Broadway, Southall, UB1 1JR

Notified 06/04/2016

Charges3 outstanding

charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 05/12/2011Registered 12/12/2011
charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 05/12/2011Registered 12/12/2011
charge
outstanding

SANTANDER UK PLC (AS SECURITY TRUSTEE)

Created 05/12/2011Registered 12/12/2011

CompanyRankvs 580+ SIC 86900 peers
79

Financial strength99th percentile among SIC peers · 25/25
Employees96th percentile among SIC peers · 14/15
LiquidityCurrent ratio 2.56× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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580Optical World (Southall) Ltd
89
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.

Employees14/15 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

£2.0M

Balance sheet strength

Cash

£362k

Cash in the bank

Net Current Assets

£336k

Working capital

Current Assets

£551k

Current Liabilities

£215k

Fixed Assets

£3.0M

Debtors

£183k

13avg. employees+1

Tax at Year End(2020)

Dividends paid£90k

Balance Sheet

Assets less current liabilities£3.4M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.56+£121k
20242.13+£159k
20231.60-£31k
20221.59+£54k
20211.81+£113k
20203.79+£105k
20191.79+£156k
20181.77—

Derived from filed accounts. Not audited figures.