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The Reading Glasses Shop.Co.Uk Limited

12178954

active
Private Limited Company
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

17 LEELAND MANSIONS LEELAND ROAD, LONDON, W13 9HE
Incorporated 29/08/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mr Daniel Miller

director · Since 29/08/2019

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 59

Also on 1 other board

Mr Sonny Ray Miller

director · Since 23/04/2024

DIRECTOR

BRITISH · ENGLAND · Age 20

Persons with Significant Control

Mr Daniel Miller

75–100% shares

British · England · Age 59

Castle Mill Lodge, Reigate Road, Dorking, RH4 1NN

Notified 29/08/2019

Former PSCs

Mr Desmond Paul Neville

Ceased 29/08/2019

CompanyRankvs 84678+ SIC 47910 peers
28

Financial strength3th percentile among SIC peers · 1/25
Employees21th percentile among SIC peers · 3/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength1/25 pts

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

Employees3/15 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.

Longevity7/15 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 31/03/2025

Net Worth

-£80k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

-£70k

Working capital

Current Assets

£29k

Current Liabilities

£99k

Fixed Assets

£6k

0avg. employees

Balance Sheet

Assets less current liabilities-£64k
Prepared with VT Final Accounts

EstimatesDerived

YearCurrent RatioImplied Profit
20250.29+£5k
20240.35-£632
20230.42-£6k
20220.58-£42k
20211.17
20201.00

Derived from filed accounts. Not audited figures.