Back to search

M & H Optical Ltd

13705421

active
Private Limited Company
Companies House
Health Score
65 / 100

Some Concerns

25/30
Filing
0/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)

Details

238 FOG LANE, MANCHESTER, M20 6EL
Incorporated 26/10/2021

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Andromachi Frangouli

director · Since 21/03/2022

DIRECTOR

BRITISH · ENGLAND · Age 52

Persons with Significant Control

Andromachi Frangouli

75–100% shares
75–100% votes

British · England · Age 52

238, Fog Lane, Manchester, M20 6EL

Notified 21/03/2022

Former PSCs

Mr Rohail Ahmed Nawaz

Ceased 21/03/2022

CompanyRankvs 1542+ SIC 47782 peers
36

Financial strength13th percentile among SIC peers · 3/25
Employees44th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.76× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Show leaderboard
How is this score calculated?
Financial strength3/25 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.

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 31/10/2023

Net Worth

-£3k

Balance sheet strength

Cash

£70

Cash in the bank

Net Current Assets

-£9k

Working capital

Current Assets

£27k

Current Liabilities

£36k

Fixed Assets

£5k

Debtors

£8k

2avg. employees

Balance Sheet

Intangible assets£4k
Assets less current liabilities-£3k
Signed by Miss Andromachi Frangouli 15 August 2024Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20230.76-£5k
20220.51

Derived from filed accounts. Not audited figures.