Company Overview
R. Young (Opticians) Limited is a Dissolved Private Limited Company.
Registered Address

76 Front Street, Prudhoe, Northumberland, NE42 5PU
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Companies House Data
Company NameR. YOUNG (OPTICIANS) LIMITED
Company Number00593996
Registered Office Address76 Front Street
 NE42 5PU
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date20/11/1957
Accounting Reference Date Day30
Accounting Reference Date Month5
Accounts Next Due Date30/05/2023
Accounts Last Made Up Date31/05/2021
Accounts Account CategoryDORMANT
Returns Next Due Date09/02/2017
Returns Last Made Up Date12/01/2016
Directors & Members
Show Resigned
Paul Young - Director
(British, 65 years old, born December 1961)
Glennis Young - Director
(British, 63 years old, born June 1963)
Appointed 01 April 2012
 Active
Secretaries
Show Resigned
Glennis Young - Secretary
(British)
Appointed 01 January 2009
 Active
Other Company Directorships
Paul Young
No companies found
Glennis Young
No companies found
Balance Sheet Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Balance Sheet
Fixed Assets 0 0 0
Current Assets 63,257 100,796 151,981
Creditors Due Within One Year 62,509 90,095 87,037
Working Cap 125,766 190,891 239,018
Total Assets Less Current Liabilities 748 10,701 64,944
Long-term Liabilities - - 0
Net Assets - - 64,944
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds - - 64,944
Common Size Financial Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Tangible Fixed Assets - - -
Fixed Assets 0.0% 0.0% 0.0%
Stocks Inventory - - -
Debtors 100.0% 100.0% 100.0%
Cash Bank In Hand - 0.0% 0.0%
Current Assets 100.0% 100.0% 100.0%
Creditors Due Within One Year 98.8% 89.4% 57.3%
Net Current Assets Liabilities - - -
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 - - 42.7%
Capital Employed - - -
Total Assets Less Current Liabilities 1.2% 10.6% 42.7%
Financial Ratio Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Liquidity Ratio 1.0 1.1 1.7
Solvency Ratio - - 1.7
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-May-2021 31-May-2020 31-May-2019
Assets 63,257 100,796 151,981
Debt - - 87,037
Net Assets/Debt - - 64,944
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 via compulsory strike-off
Compulsory strike-off action has been suspended
First Gazette notice for compulsory strike-off
Confirmation statement made on 13 January 2022 with no updates
Confirmation statement made on 13 January 2021 with no updates
Confirmation statement made on 12 January 2020 with no updates
Director's details changed for Mr Paul Young on 26 March 2019
Director's details changed for Mrs Glennis Young on 26 March 2019
Change of details for Mr Paul Young as a person with significant control on 27 March 2019
Change of details for Mrs Glennis Young as a person with significant control on 27 March 2019
Change of details for Mr Paul Young as a person with significant control on 26 March 2019
Director's details changed for Mr Paul Young on 18 July 2019
Secretary's details changed for Mrs Glennis Young on 18 July 2019
Director's details changed for Mrs Glennis Young on 18 July 2019
Change of details for Mrs Glennis Young as a person with significant control on 26 March 2019
Previous accounting period shortened from 31 May 2018 to 30 May 2018
Confirmation statement made on 12 January 2019 with no updates
Previous accounting period extended from 31 March 2018 to 31 May 2018
Confirmation statement made on 12 January 2018 with no updates
Director's details changed for Mrs Glennis Young on 15 January 2018
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