Colour Optic Ltd
09906419
Some Concerns
- No accounts filed in last 18 months (-5)
- Active insolvency proceedings (-20)
Details
Compliance
Last accounts
31/07/2024
total exemption full
Next accounts due
30/07/2026
Confirmation statement
Last: 31/01/2026
Due 14/02/2027
Industry
Officers
director · Since 30/04/2019
CONSULTANT
BRITISH · ENGLAND · Age 51
Also on 6 other boards
Former
director · Resigned 09/07/2026
Persons with Significant Control
Mr Takrem Hussain Shah
British · England · Age 51
Ground Floor Techno Centre, Station Road, Leeds, LS18 5BJ
Notified 30/04/2019
Former PSCs
Mr Syed Abbas Ali
Ceased 28/10/2021
Charges0 outstanding
LLOYDS BANK PLC
LLOYDS BANK PLC
Insolvency History1 case
Michael Howorth (practitioner)
CompanyRankvs 13175+ SIC 47910 peers56
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Insolvency history: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Key FinancialsYear ending 31/07/2024
Net Worth
£450k
Balance sheet strength
Cash
£18k
Cash in the bank
Net Current Assets
£234k
Working capital
Current Assets
£847k
Current Liabilities
£613k
Fixed Assets
£309k
Debtors
£382k
Tax at Year End
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 1.38 | -£173k |
| 2023 | 1.32 | — |
Derived from filed accounts. Not audited figures.