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Optimal Decorating Contractors Limited

12333824

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 15 ELEVENTH AVENUE, GATESHEAD, NE11 0JY
Incorporated 26/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43341
Painting

Officers

Mr Graham Urwin

director · Since 26/11/2019

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 43

Also on 1 other board

Mrs Helen Urwin

director · Since 01/09/2022

DIRECTOR

BRITISH · UNITED KINGDOM · Age 44

Also on 1 other board

Persons with Significant Control

Mr Graham Urwin

25–50% shares

British · United Kingdom · Age 43

Unit 15, Eleventh Avenue, Gateshead, NE11 0JY

Notified 26/11/2019

Mrs Helen Urwin

25–50% shares

British · United Kingdom · Age 44

A6 Kingfisher House, Kingsway, Gateshead, NE11 0JQ

Notified 01/09/2022

CompanyRankvs 4226+ SIC 43341 peers
58

Financial strength93th percentile among SIC peers · 23/25
Employees8th percentile among SIC peers · 1/15
LiquidityCurrent ratio 1.48× · 12/20
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 strength23/25 pts

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

Employees1/15 pts

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

Liquidity12/20 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 30/11/2025

Net Worth

£161k

Balance sheet strength

Cash

£163k

Cash in the bank

Net Current Assets

£120k

Working capital

Current Assets

£369k

Current Liabilities

£249k

Fixed Assets

£195k

Debtors

£206k

0avg. employees-20

Tax at Year End

Corp tax£14k

Balance Sheet

Assets less current liabilities£315k
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20251.48+£3k
20241.62-£9k
20231.72+£1k
20222.21+£14k
20212.67

Derived from filed accounts. Not audited figures.