Downes Eyecare Limited
10868354
Some Concerns
- No accounts filed in last 18 months (-5)
- Negative net worth (-10)
- Current liabilities exceed current assets (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mr Junaid Muzammal
British · England · Age 42
180, London Road, Romford, RM7 9EU
Notified 17/07/2017
Mrs Yasmin Muzammal
British · England · Age 48
180, London Road, Romford, RM7 9EU
Notified 17/07/2017
CompanyRankvs 1308+ SIC 47782 peers39
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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.
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
-£39k
Balance sheet strength
Cash
£12k
Cash in the bank
Net Current Assets
-£45k
Working capital
Current Assets
£35k
Current Liabilities
£80k
Fixed Assets
£14k
Debtors
£304
Director Loans
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 0.44 | -£9k |
| 2023 | 0.47 | -£1k |
| 2022 | 0.47 | -£21k |
| 2021 | 0.83 | -£450 |
| 2020 | 0.76 | +£12k |
| 2019 | 0.26 | -£14k |
| 2018 | 0.28 | — |
Derived from filed accounts. Not audited figures.