Company Overview
Modern Eyewear Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 23 March 1955, so this is a well established company. Modern Eyewear Limited has been in business for 71 years. The accounts status is total exemption full and the accounts are next due on Tuesday 30 June 2026.
Registered Address

Cambus House, 217 Cambuslang Road, Glasgow, G72 7TS
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Companies House Data
Company NameMODERN EYEWEAR LIMITED
Company NumberSC030651
Registered Office AddressCambus House
 217 Cambuslang Road
 G72 7TS
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date23/03/1955
Accounting Reference Date Day30
Accounting Reference Date Month9
Accounts Next Due Date30/06/2026
Accounts Last Made Up Date30/09/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date02/02/2017
Returns Last Made Up Date05/01/2016
Directors & Members
Show Resigned
James Marsh - Director
(British, 76 years old, born June 1950)
Catherine Marsh - Director
(British, 79 years old, born May 1947)
Appointed 24 November 1989
 Active
Christopher Marsh - Director
(British, 55 years old, born July 1971)
Appointed 13 April 1999
 Active
Secretaries
Show Resigned
James Marsh - Secretary
(British)
Appointed 19 August 1993
 Active
Other Company Directorships
James Marsh
DEVINE & FITZSIMONS LIMITED
MODERN EYEWEAR LTD
ONE OPTICAL LIMITED
ONE OPTICAL OPTHALMIC LENS DIVISION LIMITED
RITE VU LTD
Catherine Marsh
MODERN EYEWEAR LTD
Christopher Marsh
RITE VU LTD
Balance Sheet Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Balance Sheet
Fixed Assets 294,674 294,674 299,291
Current Assets 284,027 284,027 255,635
Creditors Due Within One Year 187,849 187,849 129,025
Working Cap 96,178 96,178 126,610
Total Assets Less Current Liabilities 390,852 390,852 425,901
Long-term Liabilities 222,491 222,491 79,774
Net Assets 168,361 168,361 346,127
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 168,361 168,361 346,127
Common Size Financial Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Tangible Fixed Assets - - -
Fixed Assets 50.9% 50.9% 53.9%
Stocks Inventory - - -
Debtors 30.5% 30.5% 28.0%
Cash Bank In Hand 2.3% 2.3% 4.5%
Current Assets 49.1% 49.1% 46.1%
Creditors Due Within One Year 32.5% 32.5% 23.3%
Net Current Assets Liabilities 16.6% 16.6% 22.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 29.1% 29.1% 62.4%
Capital Employed - - -
Total Assets Less Current Liabilities 67.5% 67.5% 76.7%
Financial Ratio Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Liquidity Ratio 1.5 1.5 2.0
Solvency Ratio 1.4 1.4 2.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 5
Mortgages Outstanding 4
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 30-Sep-2024 30-Sep-2022 30-Sep-2021
Assets 578,701 578,701 554,926
Debt 410,340 410,340 208,799
Net Assets/Debt 168,361 168,361 346,127

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. The amount of net assets suggests sufficient cover for total debts and obligations for the size of the company inferred by the balance sheet.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

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
Confirmation statement made on 5 January 2026 with updates
Satisfaction of charge 2 in full
Satisfaction of charge 1 in full
Confirmation statement made on 5 January 2025 with updates
Confirmation statement made on 5 January 2024 with updates
Confirmation statement made on 5 January 2023 with updates
Confirmation statement made on 5 January 2022 with updates
Change of details for Mr James Andrew Marsh as a person with significant control on 17 September 2021
Confirmation statement made on 5 January 2021 with updates
Statement of capital following an allotment of shares on 19 February 2020
Confirmation statement made on 5 January 2020 with no updates
Confirmation statement made on 5 January 2019 with no updates
Satisfaction of charge 4 in full
Confirmation statement made on 5 January 2018 with no updates
Confirmation statement made on 5 January 2017 with updates
Registration of charge SC0306510006, created on 7 July 2016
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