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I Wear Opticians (North) Limited

08241293

active
Private Limited Company
england wales
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)

Details

133 GODWIN STREET, BRADFORD, BD1 3PP
Incorporated 05/10/2012

Compliance

Last accounts

31/10/2024

micro entity

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 05/10/2025

Due 19/10/2026

On track

Industry

86900
Other human health activities

Officers

Mr Sukhvinder Singh Virdee

director · Since 05/10/2012

DIRECTOR

BRITISH · ENGLAND · Age 47

Also on 1 other board

Persons with Significant Control

Mr Sukhvinder Singh Virdee

Appoint directors

British · England · Age 47

133, Godwin Street, Bradford, BD1 3PP

Notified 06/04/2016

CompanyRankvs 44794+ SIC 86900 peers
42

Financial strength1th percentile among SIC peers · 0/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 0.15× · 2/20
Longevity14 years trading (max 15) · 14/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 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.

Longevity14/15 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.

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

-£172k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£149k

Working capital

Current Assets

£26k

Current Liabilities

£175k

Fixed Assets

£3k

2avg. employees

Balance Sheet

Assets less current liabilities-£146k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.15-£15k
20230.22-£23k
20220.32-£243k
20210.49+£8k
20200.53-£627
20190.05+£9k
20180.05

Derived from filed accounts. Not audited figures.