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Downes Eyecare Limited

10868354

active
Private Limited Company
england wales
Companies House
Health Score
70 / 100

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

180 LONDON ROAD, ROMFORD, RM7 9EU
Incorporated 17/07/2017

Compliance

Last accounts

31/07/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 16/07/2025

Due 30/07/2026

On track

Industry

47782
Retail sale by opticians
86900
Other human health activities

Officers

Mr Junaid Muzammal

director · Since 17/07/2017

CO DIRECTOR

BRITISH · ENGLAND · Age 43

Mrs Yasmin Muzammal

director · Since 17/07/2017

CO DIRECTOR

BRITISH · ENGLAND · Age 48

Persons with Significant Control

Mr Junaid Muzammal

25–50% shares

British · England · Age 43

180, London Road, Romford, RM7 9EU

Notified 17/07/2017

Mrs Yasmin Muzammal

25–50% shares

British · England · Age 48

180, London Road, Romford, RM7 9EU

Notified 17/07/2017

CompanyRankvs 1235+ SIC 47782 peers
40

Financial strength6th percentile among SIC peers · 2/25
Employees79th percentile among SIC peers · 12/15
LiquidityCurrent ratio 0.43× · 2/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees12/15 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.

Longevity9/15 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 31/07/2025

Net Worth

-£45k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£51k

Working capital

Current Assets

£38k

Current Liabilities

£89k

Fixed Assets

£10k

Debtors

£479

6avg. employees+1

Director Loans

Company owes directors£81k

Balance Sheet

Intangible assets£7k
Assets less current liabilities-£41k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.43-£7k
20240.44-£9k
20230.47

Derived from filed accounts. Not audited figures.