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Morel Eyewear ( U.K.) Limited

11624943

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

59-60 THAMES STREET, WINDSOR, SL4 1TX
Incorporated 16/10/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Jerome Morel

director · Since 08/07/2021

COMPANY DIRECTOR

FRENCH · FRANCE · Age 59

Persons with Significant Control

Jerome Morel

Significant control
significant-influence-or-control-as-trust
significant-influence-or-control-as-firm

French · France · Age 59

59-60, Thames Street, Windsor, SL4 1TX

Notified 08/07/2021

Former PSCs

Zuma Eyewear Ltd

Ceased 07/07/2021

CompanyRankvs 1426+ SIC 47782 peers
38

Financial strength1th percentile among SIC peers · 0/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 0.54× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength0/25 pts

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

Employees9/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2024

Net Worth

-£304k

Balance sheet strength

Cash

£63k

Cash in the bank

Net Current Assets

-£299k

Working capital

Current Assets

£352k

Current Liabilities

£650k

Debtors

£288k

3avg. employees-1

Balance Sheet

Bank loans & overdrafts£5k
Assets less current liabilities-£299k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20240.54-£53k
2023+£24k
2022-£157k

Derived from filed accounts. Not audited figures.