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Old Town Optometrists Ltd

08411799

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

BECKSIDE COURT, BEVERLEY, HU17 0LF
Incorporated 20/02/2013

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mrs Nicola Louise Glover

director · Since 20/02/2013

OPTOMETRIST

BRITISH · ENGLAND · Age 49

Persons with Significant Control

Mrs Nicola Louise Glover

75–100% shares
75–100% votes
Appoint directors

British · England · Age 49

69 High Street, Bridlington, YO16 4PR

Notified 06/04/2016

Charges1 outstanding

charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 28/03/2013Registered 04/04/2013

CompanyRankvs 322+ SIC 47782 peers
53

Financial strength71th percentile among SIC peers · 18/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 2.47× · 20/20
Longevity13 years trading (max 15) · 13/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength18/25 pts

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

Employees7/15 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.

Longevity13/15 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

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

6. The financial statements have been prepared under the historical cost convention. Having regard to liquidity risk, current market conditions and other factors affecting the company, the use of the going concern basis of accounting is appropriate as, in the opinion of the directors, there are no material uncertainties related to events or conditions that may cast significant doubt about the abil

Key FinancialsYear ending 30/04/2025

Net Worth

£65k

Balance sheet strength

Cash

£5k

Cash in the bank

Net Current Assets

£30k

Working capital

Current Assets

£51k

Current Liabilities

£20k

Fixed Assets

£35k

Debtors

£7k

2avg. employees

Balance Sheet

Intangible assets£33k
Assets less current liabilities£65k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.47+£340
20242.01+£643
20231.86-£4k
20221.47-£2k
20211.28

Derived from filed accounts. Not audited figures.