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Northern Light Optical Limited

13074542

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

ORBIT JOSEPH SWAN ROAD, SEDGEFIELD, TS21 3FB
Incorporated 10/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

26701
Manufacture of optical precision instruments

Officers

Mr Graham John Murray

director · Since 29/01/2021

SCIENTIST

BRITISH · ENGLAND · Age 57

Persons with Significant Control

Mr Graham John Murray

75–100% shares
75–100% votes
Appoint directors

British · England · Age 57

Orbit, Joseph Swan Road, Sedgefield, TS21 3FB

Notified 29/01/2021

Former PSCs

University Of Durham

Ceased 29/01/2021

CompanyRankvs 227+ SIC 26701 peers
36

Financial strength9th percentile among SIC peers · 2/25
Employees48th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.51× · 6/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength2/25 pts

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

Employees7/15 pts

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

Liquidity6/20 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.

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

Key FinancialsYear ending 31/12/2025

Net Worth

-£4k

Balance sheet strength

Cash

£298

Cash in the bank

Net Current Assets

-£4k

Working capital

Current Assets

£4k

Current Liabilities

£9k

Fixed Assets

£494

Debtors

£4k

1avg. employees+1

Tax at Year End

Corp tax£5k

Director Loans

Company owes directors£6k

Balance Sheet

Intangible assets£100
Assets less current liabilities-£4k
Prepared with Sage Accounts Production Advanced 2025 - FRS102_2025

EstimatesDerived

YearCurrent RatioImplied Profit
20250.51-£13k
20241.96-£9k
20231.87

Derived from filed accounts. Not audited figures.