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Midlands Optical Enterprises Limited

11614654

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

Some Concerns

30/30
Filing
0/30
Financial
40/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

12 ELLIOT CLOSE, LEICESTER, LE2 4UN
Incorporated 10/10/2018

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 09/10/2025

Due 23/10/2026

On track

Industry

47782
Retail sale by opticians

Officers

Mr Karundeep Singh Bal

director · Since 10/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 7 other boards

Mr Ryan Aaron Singh Khaira

director · Since 10/10/2018

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 7 other boards

Persons with Significant Control

Mr Karundeep Singh Bal

Appoint directors

British · United Kingdom · Age 33

16, Lockhart Close, Leicester, LE3 3SF

Notified 10/10/2018

CompanyRankvs 490+ SIC 47782 peers
61

Financial strength84th percentile among SIC peers · 21/25
Employees72th percentile among SIC peers · 11/15
LiquidityCurrent ratio 1.66× · 16/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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490Midlands Optical Enterprises Limited
66
How is this score calculated?
Financial strength21/25 pts

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

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity8/15 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

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern

Key FinancialsYear ending 31/10/2025

Net Worth

£151k

Balance sheet strength

Cash

£1k

Cash in the bank

Net Current Assets

£62k

Working capital

Current Assets

£156k

Current Liabilities

£94k

Fixed Assets

£124k

Debtors

£144k

5avg. employees+1

Balance Sheet

Intangible assets£82k
Assets less current liabilities£187k
Signed by Mr Ryan Khaira 13 July 2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.66+£8k
20241.51+£28k
20231.69—

Derived from filed accounts. Not audited figures.