Company Overview
Horizon Optical Company Limited is a Dissolved Private Limited Company.
Registered Address

No.1 Colmore Square, Birmingham, West Midlands, B4 6HQ
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Companies House Data
Company NameHORIZON OPTICAL COMPANY LIMITED
Company Number01046776
Registered Office AddressNo.1 Colmore Square
 B4 6HQ
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date20/03/1972
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date31/12/2020
Accounts Last Made Up Date31/12/2018
Accounts Account CategorySMALL
Returns Next Due Date20/08/2016
Returns Last Made Up Date23/07/2015
Directors & Members
Show Resigned
Olivier Chupin - Director
(French, 51 years old, born October 1975)
Appointed 01 March 2020
 Active
Brian Deegan - Director
(Irish, 68 years old, born September 1958)
Appointed 01 January 2016
 Active
James Smith - Director
(British, 57 years old, born April 1969)
Appointed 01 March 2012
 Active
Secretaries
Show Resigned
Other Company Directorships
Olivier Chupin
ASE CORPORATE EYECARE LIMITED
BBGR LIMITED
EMNUK LIMITED
ESSILOR LIMITED
LEICESTER OPTICAL LIMITED
SINCLAIR OPTICAL SERVICES COMPANY LIMITED
UNITED OPTICAL LABORATORIES LIMITED
WHOLESALE LENS CORPORATION LIMITED
Brian Deegan
LEICESTER OPTICAL LIMITED
SINCLAIR OPTICAL SERVICES COMPANY LIMITED
UNITED OPTICAL LABORATORIES LIMITED
James Smith
ASE CORPORATE EYECARE LIMITED
BBGR LIMITED
BEDSTONE EDUCATIONAL TRUST LIMITED
CLEOBURY MORTIMER RUGBY FOOTBALL CLUB LIMITED
EMNUK LIMITED
ESSILOR EUROPEAN SHARED SERVICE CENTER LIMITED
ESSILOR LIMITED
LEICESTER OPTICAL LIMITED
LENSTEC LIMITED
LENSTEC OPTICAL GROUP LIMITED
PENNINE OPTICAL LIMITED
RAWDON OPTICAL LIMITED
SINCLAIR OPTICAL SERVICES COMPANY LIMITED
TANT LABORATORIES LIMITED
UNITED OPTICAL LABORATORIES LIMITED
WHOLESALE LENS CORPORATION LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2014 31-Dec-2013
Balance Sheet
Fixed Assets 370,968 370,968 387,669
Current Assets 824,929 824,929 724,779
Creditors Due Within One Year 779,254 779,254 477,380
Working Cap 45,675 45,675 247,399
Total Assets Less Current Liabilities 416,643 416,643 635,068
Long-term Liabilities 16,613 16,613 15,537
Net Assets 400,030 400,030 619,531
Share Capital & Reserves
Share Cap 100 100 100
Profit & Loss Reserves 399,930 399,930 619,431
Other Reserves 0 0 0
Shareholders Funds 400,030 400,030 619,531
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2014 31-Dec-2013
Tangible Fixed Assets - - -
Fixed Assets 31.0% 31.0% 34.8%
Stocks Inventory 10.8% 10.8% 15.1%
Debtors 53.2% 53.2% 48.9%
Cash Bank In Hand 0.2% 0.2% 0.2%
Current Assets 69.0% 69.0% 65.2%
Creditors Due Within One Year 65.2% 65.2% 42.9%
Net Current Assets Liabilities 3.8% 3.8% 22.2%
Creditors Due After One Year 1.4% 1.4% 1.4%
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability 33.5% 33.5% 55.7%
Called Up Share Capital 0.0% 0.0% 0.0%
Share Capital Allotted Called Up Paid 0.0% 0.0% 0.0%
Profit Loss Account Reserve 33.4% 33.4% 55.7%
Shareholder Funds 33.5% 33.5% 55.7%
Capital Employed - - -
Total Assets Less Current Liabilities 34.8% 34.8% 57.1%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2014 31-Dec-2013
Liquidity Ratio 1.1 1.1 1.5
Solvency Ratio 1.5 1.5 2.3
Reserves to Assets 0.3 0.3 0.6
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 0
Mortgages Part Satisfied 0
Mortgages Satisfied 7
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2018 31-Dec-2014 31-Dec-2013
Assets 1,195,897 1,195,897 1,112,448
Debt 795,867 795,867 492,917
Net Assets/Debt 400,030 400,030 619,531
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a Members' voluntary winding up
Appointment of a voluntary liquidator
Removal of liquidator by court order
Liquidators' statement of receipts and payments to 16 December 2022
Liquidators' statement of receipts and payments to 16 December 2021
Register(s) moved to registered inspection location Narrow Quay House Narrow Quay Bristol BS1 4QA
Register inspection address has been changed to Narrow Quay House Narrow Quay Bristol BS1 4QA
Registered office address changed from 9-11 Apex Business Centre Boscombe Road Dunstable Bedfordshire LU5 4SB to No.1 Colmore Square Birmingham West Midlands B4 6HQ on 4 January 2021
Appointment of a voluntary liquidator
Resolutions
Declaration of solvency
Confirmation statement made on 23 July 2020 with no updates
Appointment of Mr Olivier Marie Alain Chupin as a director on 1 March 2020
Termination of appointment of Lena Geraldine Henry as a director on 1 March 2020
Notification of Trifle Holdings Limited as a person with significant control on 26 June 2017
Cessation of Essilor International (Compagnie Generale D’Optique) as a person with significant control on 26 June 2017
Satisfaction of charge 6 in full
Confirmation statement made on 23 July 2019 with updates
Satisfaction of charge 7 in full
Appointment of Mrs Lena Geraldine Henry as a director on 28 February 2019
Termination of appointment of Peter James Smith as a director on 7 March 2019
Termination of appointment of Hitendra Gajjar as a director on 1 January 2019
Confirmation statement made on 23 July 2018 with no updates
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