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Louth Vision Centre Limited

13080777

active
Private Limited Company
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

12 ELLIOT CLOSE, LEICESTER, LE2 4UN
Incorporated 14/12/2020

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Karundeep Singh Bal

director · Since 14/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 33

Also on 7 other boards

Mr Ryan Aaron Singh Khaira

director · Since 14/12/2020

DIRECTOR

BRITISH · UNITED KINGDOM · Age 32

Also on 7 other boards

Persons with Significant Control

Mr Karundeep Singh Bal

25–50% shares
25–50% votes

British · United Kingdom · Age 33

16, Lockhart Close, Leicester, LE3 3SF

Notified 14/12/2020

Mr Ryan Aaron Singh Khaira

25–50% shares
25–50% votes

British · United Kingdom · Age 32

12, Elliot Close, Leicester, LE2 4UN

Notified 14/12/2020

Charges1 outstanding

Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 22/03/2022Registered 28/03/2022

CompanyRankvs 511+ SIC 47782 peers
47

Financial strength84th percentile among SIC peers · 21/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 1.45× · 12/20
Longevity6 years trading (max 15) · 6/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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511Louth Vision Centre Limited
66
How is this score calculated?
Financial strength21/25 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.

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.

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

Outstanding charges: -10 pts

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

Going Concern Doubt

Act 2006. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going

Key FinancialsYear ending 31/12/2024

Net Worth

£145k

Balance sheet strength

Cash

£9k

Cash in the bank

Net Current Assets

£67k

Working capital

Current Assets

£215k

Current Liabilities

£149k

Fixed Assets

£83k

Debtors

£191k

8avg. employees+1

Tax at Year End(2022)

Corp tax£11k

Balance Sheet

Intangible assets£64k
Assets less current liabilities£150k
Signed by Mr Ryan Khaira 1 May 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20241.45+£44k
20231.23+£40k
20220.79+£41k
20210.64—

Derived from filed accounts. Not audited figures.