Back to search

Bay Optical Ltd

13219382

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

THE RIVENDELL CENTRE,, MALDON, CM9 5QP
Incorporated 23/02/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Paul Graves

director · Since 06/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 73

Mrs Juliet Pettican

director · Since 06/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 41

Also on 1 other board

Mr Robert Graves

director · Since 08/02/2023

DIRECTOR

BRITISH · ENGLAND · Age 39

Persons with Significant Control

Mr Paul Graves

25–50% shares
25–50% votes
Appoint directors

British · England · Age 73

C/O Xeinadin South Essex Ltd, The Rivendell Centre, Maldon, CM9 5QP

Notified 06/02/2023

Former PSCs

Mr James David Gale

Ceased 10/11/2022

Mr Tim Howard

Ceased 06/02/2023

CompanyRankvs 377+ SIC 47782 peers
71

Financial strength86th percentile among SIC peers · 22/25
Employees58th percentile among SIC peers · 9/15
LiquidityCurrent ratio 2.41× · 20/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
1R. C. Pinder Limited
90
2S.H. Harrold (1937) Limited
90
3Vision Value Opticians Limited
90
4Watney Eyecare Limited
90
5Leightons Hearingcare Limited
90
6Select Specs Limited
90
7Dipple & Conway (Norwich) Limited
89
8Valli Birchwood Limited
89
9Hodd, Barnes And Dickins Limited
89
10William J Wilkinson Limited
89
377Bay Optical Ltd
71
How is this score calculated?
Financial strength22/25 pts

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

Employees9/15 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.

Longevity5/15 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 28/02/2025

Net Worth

£168k

Balance sheet strength

Cash

£17k

Cash in the bank

Net Current Assets

£19k

Working capital

Current Assets

£32k

Current Liabilities

£13k

Fixed Assets

£149k

Debtors

£3k

3avg. employees+1

Balance Sheet

Intangible assets£142k
Assets less current liabilities£168k
Signed by Miss Juliet Pettican 20/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20252.41+£21k
20240.91—

Derived from filed accounts. Not audited figures.