UK Companies House feature
OPTICAL EXPRESS (WESTFIELD) LIMITED
Cash
£352K
-37.8% vs 2023
Net assets
-£14M
-0.3% vs 2023
Employees
355
+10.6% vs 2023
Profit before tax
£0
-100% vs 2023
Profile
- Company number
- SC161695
- Status
- Active
- Incorporation
- 1995-11-17
- Last accounts made up
- 2024-12-28
- Account category
- FULL
- Primary SIC
- 86900
- Hubs
- UK Healthcare
Net assets
4-year trend · vs UK Healthcare median
Accounts
4-year trend · latest 2024-12-28
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|---|---|
| Turnover | — | — | — | — | |
| Operating profit | — | — | — | — | |
| Profit before tax | — | — | £39,000 | £0 | |
| Net profit | — | — | -£167,000 | -£41,000 | |
| Cash | — | — | £566,000 | £352,000 | |
| Total assets less current liabilities | — | — | -£13,129,000 | -£13,234,000 | |
| Net assets | — | — | -£13,721,000 | -£13,762,000 | |
| Equity | £13,693,000 | £13,554,000 | -£13,721,000 | -£13,762,000 | |
| Average employees | — | — | 321 | 355 | |
| Wages | — | — | £8,958,000 | £9,040,000 |
Values shown as filed in iXBRL accounts. — indicates the figure was not present in the extracted filing (either not filed under that concept or absent from the period). About these numbers
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group has continued to generate significant profit from trading in 2024. The group has prepared forecasts and these show that the group has more than sufficient reserves going forward to withstand any future downturn in trading and will remain profitable and cash positive for at least a period of twelve months from the date of signing these financial statements. As a result of this the directors consider that there that there will be appropriate cash within the group to pay all liabilities as they fall due.”
Significant events
- “sales increased to £18,731K in 2024 from £15,212K in 2023 mainly due to an increase in sales in the Optical Express Group. The company generated an EBITDA profit of £1,018K in the year compared to an EBITDA profit of £1,118K in 2023.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
3 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURDOCH, Graeme Ramsay | Secretary | 1995-11-17 | — | British |
| MEIN, Stewart | Director | 2008-05-29 | Jan 1971 | British |
| MOULSDALE, David Charles | Director | 1995-11-17 | Dec 1968 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1995-11-17 | 1995-11-17 |
| COMBINED NOMINEES LIMITED | Corporate Nominee Director | 1995-11-17 | 1995-11-17 |
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Director | 1995-11-17 | 1995-11-17 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Dcm (Optical Holdings) Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2025-11-24 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2025-09-29 | AA | accounts | accounts with accounts type full |
| 2024-11-27 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-11-01 | CH01 | officers | change person director company with change date |
| 2024-09-26 | AA | accounts | accounts with accounts type full |
| 2023-11-29 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-10-13 | AA | accounts | accounts with accounts type full |
| 2023-06-30 | AD01 | address | change registered office address company with date old address new address |
| 2022-11-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2022-10-04 | AA | accounts | accounts with accounts type full |
| 2021-11-17 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2021-10-30 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2021-10-21 | 466(Scot) | mortgage | mortgage alter floating charge with number |
| 2021-10-07 | MR01 | mortgage | mortgage create with deed with charge number charge creation date |
| 2021-09-22 | AA | accounts | accounts with accounts type full |
| 2021-06-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2021-06-24 | MR04 | mortgage | mortgage satisfy charge full |
| 2020-12-23 | AA | accounts | accounts with accounts type full |
| 2020-11-20 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2019-11-25 | CS01 | confirmation-statement | confirmation statement with no updates |
Credit score
Altman Z″ (private-firm) · reference 2024-12-28
-6.49
DISTRESS
Altman Z″
- Working capital / Total assets -0.926 × 6.56 = -6.07
- Retained earnings / Total assets 0.000 × 3.26 = +0.00
- EBIT / Total assets 0.000 × 6.72 = +0.00
- Book equity / Total liabilities -0.400 × 1.05 = -0.42
Bands: > 2.6 safe · 1.1–2.6 grey · < 1.1 distress. Z″ is a public-formula baseline, not a substitute for adverse-data signals (CCJs, charges, gazette notices) — those land in a later pass.
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory