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Michael Offord Optometrist Limited

10232659

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

7 KINGSTON PARK CENTRE, NEWCASTLE UPON TYNE, NE3 2FP
Incorporated 15/06/2016

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians
86900
Other human health activities

Officers

Mr Michael Stuart Marshall Offord

director · Since 15/06/2016

OPTOMETRIST

BRITISH · ENGLAND · Age 75

Mrs Alexandra Smith

director · Since 01/07/2019

DIRECTOR

ENGLISH · ENGLAND · Age 37

Miss Samantha Little

director · Since 21/11/2022

DIRECTOR

BRITISH · ENGLAND · Age 36

Persons with Significant Control

Mrs Alexandra Smith

25–50% shares
25–50% votes

English · England · Age 37

7 Kingston Park Centre, Kingston Park, Newcastle Upon Tyne, NE3 2FP

Notified 08/07/2021

Miss Samantha Little

25–50% shares

British · England · Age 36

7 Kingston Park Centre, Kingston Park, Newcastle Upon Tyne, NE3 2FP

Notified 31/07/2025

Former PSCs

Mr Michael Stuart Marshall Offord

Ceased 31/07/2025

Charges1 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 15/09/2016Registered 21/09/2016

CompanyRankvs 137+ SIC 47782 peers
73

Financial strength95th percentile among SIC peers · 24/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 4.89× · 20/20
Longevity10 years trading (max 15) · 10/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 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.

Longevity10/15 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

£441k

Balance sheet strength

Cash

£331k

Cash in the bank

Net Current Assets

£354k

Working capital

Current Assets

£444k

Current Liabilities

£91k

Fixed Assets

£110k

Debtors

£66k

14avg. employees-1

Tax at Year End

Corp tax£29k

Balance Sheet

Assets less current liabilities£464k
Prepared with Sage Accounts Production 24.0 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied Profit
20254.89+£45k
20245.26+£81k
20233.08-£27k
20222.81+£49k
20212.31+£69k
20201.90+£79k
20191.23+£74k
20180.89—

Derived from filed accounts. Not audited figures.