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Optimum Flooring Solutions Limited

12229255

active
Private Limited Company
Companies House
Health Score
90 / 100

Healthy

30/30
Filing
20/30
Financial
40/40
Risk

No risk factors detected.

Details

UNIT 1 OPTIMUM FLOORING SOLUTIONS LTD PRESTON NORTH ROAD, NORTH SHIELDS, NE29 9QR
Incorporated 26/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47530
Retail sale of carpets, rugs, wall and floor coverings in specialised stores

Officers

Mr Waheed Raza Akram

director · Since 26/09/2019

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 1 other board

Mr Stephen Paul Taylor

director · Since 26/09/2019

SALES EXECUTIVE

BRITISH · ENGLAND · Age 50

Persons with Significant Control

Mr Stephen Paul Taylor

25–50% shares
25–50% votes

British · England · Age 50

88 Chirton West View, North Shields, NE29 0EW

Notified 26/09/2019

Mr Waheed Raza Akram

25–50% shares
25–50% votes

British · England · Age 50

511, Durham Road, Gateshead, NE9 5EY

Notified 26/09/2019

CompanyRankvs 1085+ SIC 47530 peers
67

Financial strength76th percentile among SIC peers · 19/25
Employees43th percentile among SIC peers · 6/15
LiquidityCurrent ratio 3.41× · 20/20
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 strength19/25 pts

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

Employees6/15 pts

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

Liquidity20/20 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 30/09/2025

Net Worth

£62k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£57k

Working capital

Current Assets

£71k

Current Liabilities

£21k

Fixed Assets

£6k

2avg. employees

Tax at Year End(2022)

Corp tax£3k

Balance Sheet

Assets less current liabilities£62k
Signed by Mr Waheed Akram 22/06/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20253.41-£4k
20243.08+£17k
20232.13+£27k
20222.78-£524
20213.70

Derived from filed accounts. Not audited figures.