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Vision For Life Ltd

12876541

active
Private Limited Company
england wales
Companies House
Health Score
83 / 100

Healthy

25/30
Filing
20/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • 1 outstanding charge (-2)

Details

12 CLIFTON ROAD, ILFORD, IG2 7DF
Incorporated 13/09/2020

Compliance

Last accounts

30/09/2024

micro entity

Next accounts due

30/06/2026

On track

Confirmation statement

Last: 11/10/2025

Due 25/10/2026

On track

Industry

47782
Retail sale by opticians

Officers

Mrs Pratheepa Pancharatnam

director · Since 13/09/2020

OPTOMETRIST

BRITISH · ENGLAND · Age 40

Mr Anura Pancharatnam

secretary · Since 19/05/2022

Persons with Significant Control

Mrs Pratheepa Pancharatnam

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm
25–50% votes

British · England · Age 40

12, Clifton Road, Ilford, IG2 7DF

Notified 13/09/2020

Mr Anura Pancharatnam

25–50% shares
ownership-of-shares-25-to-50-percent-as-trust
ownership-of-shares-25-to-50-percent-as-firm

British · England · Age 46

12, Clifton Road, Ilford, IG2 7DF

Notified 01/11/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 02/02/2022Registered 08/02/2022

CompanyRankvs 336+ SIC 47782 peers
64

Financial strength80th percentile among SIC peers · 20/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.52× · 20/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength20/25 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.

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.

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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2024

Net Worth

£115k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£47k

Working capital

Current Assets

£65k

Current Liabilities

£19k

Fixed Assets

£288k

8avg. employees

Balance Sheet

Assets less current liabilities£334k
Prepared with Companies House

EstimatesDerived

YearCurrent RatioImplied Profit
20243.52+£54k
2023+£60k
20220.85
20211.51

Derived from filed accounts. Not audited figures.