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Precision Optical Transceivers Uk Limited

12394403

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)
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)

Details

UNIT 1 WOODSIDE, SWINDON, SN3 4WA
Incorporated 09/01/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26110
Manufacture of electronic components

Officers

Mr Brian Edward Anderson

director · Since 30/06/2024

LAWYER

AMERICAN · UNITED STATES · Age 52

Also on 10 other boards

Alec Thomas Lappe

director · Since 30/06/2024

TAX ACCOUNTANT

AMERICAN · UNITED STATES · Age 44

Anne La Belle Malyszko

director · Since 30/06/2024

ACCOUNTANT

AMERICAN · UNITED STATES · Age 46

Brian Edward Anderson

secretary · Since 06/11/2025

Persons with Significant Control

Former PSCs

Mr Todd Christopher Davis

Ceased 30/06/2024

CompanyRankvs 865+ SIC 26110 peers
26

Financial strength0th percentile among SIC peers · 0/25
Employees84th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.29× · 2/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
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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.

Employees13/15 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.

Longevity6/15 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£4.0M

Annual revenue

Net Worth

-£4.0M

Balance sheet strength

Cash

£482k

Cash in the bank

Profit Before Tax

-£1.1M

Bottom line earnings

Net Current Assets

-£4.2M

Working capital

Current Assets

£1.7M

Current Liabilities

£5.9M

Fixed Assets

£164k

Debtors

£580k

Cost of Sales

£2.8M

Gross Profit

£1.2M

Admin Expenses

£2.1M

Operating Profit

-£898k

Profit After Tax

-£1.1M

12avg. employees

Tax at Year End

VAT£99k

People Costs(2022)

Wages & salaries£843k
NI contributions£109k

Balance Sheet

Assets less current liabilities-£4.0M
Prepared with Sage Accounts Production Advanced 2023 - FRS102_2023

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20240.29-£746k£2.0M
20230.31-£1.3M
20220.41

Derived from filed accounts. Not audited figures.