BAYFIELDS Y LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-24 (in 6mo)
Last made up 2025-11-10
Watchouts
Cash
£249K
+27.6% vs 2023
Net assets
£2M
+30.7% highest in 5 filed years
Employees
134
+10.7% highest in 5 filed years
Profit before tax
£531K
-0.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Material uncertainty over going concern
The company generated a profit of £502,001 for the year ended 31 December 2024. As at the year end, the company had net current liabilities of £6,453,280 as a result of historic acquisitions in order to facilitate growth of the business. However the company continues to be cash generative in order to service its debts, with further improvement in underlying cash generation in 2025. Funding for the business comes from 4 main sources, all of these sources are long-term trusted partners of the business and remain fully supportive with a desire to advance further funds to support the right investments. However forecasts prepared by the directors also show that if any or all of these funding sources become unavailable the business would be able to pause acquiring and pay down debt.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2024-12-31
| Metric | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | £1,951,947 | £6,416,541 | — | £15,820,989 | £18,105,190 | |
| Operating profit | — | £324,688 | £341,848 | — | £643,810 | £653,694 | |
| Profit before tax | — | £317,928 | £328,972 | £296,365 | £535,822 | £530,747 | |
| Net profit | — | £288,928 | £191,911 | £285,996 | £394,624 | £502,001 | |
| Cash | — | £243,924 | £1,067,252 | £171,038 | £195,501 | £249,410 | |
| Total assets less current liabilities | — | £792,512 | £1,182,624 | £2,166,739 | £2,466,151 | £3,100,140 | |
| Net assets | — | £762,448 | £954,359 | £1,240,355 | £1,634,979 | £2,136,980 | |
| Equity | £473,520 | £762,448 | £954,359 | £1,240,355 | £1,634,979 | £2,136,980 | |
| Average employees | — | 25 | 63 | 124 | 121 | 134 | |
| Wages | — | — | £1,615,745 | £3,352,122 | £4,029,510 | £4,751,081 | |
| Directors' remuneration | — | — | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+14.4%
£15,820,989 £18,105,190
highest in 4 filed years
-
Cash
+27.6%
£195,501 £249,410
-
Net assets
+30.7%
£1,634,979 £2,136,980
highest in 5 filed years
-
Employees
+10.7%
121 134
highest in 5 filed years
-
Operating profit
+1.5%
£643,810 £653,694
highest in 4 filed years
-
Profit before tax
-0.9%
£535,822 £530,747
-
Wages
+17.9%
£4,029,510 £4,751,081
highest in 4 filed years
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | 16.6% | 5.3% | — | 4.1% | 3.6% | |
| Net margin | — | 14.8% | 3.0% | — | 2.5% | 2.8% | |
| Return on capital employed | — | 41.0% | 28.9% | — | 26.1% | 21.1% | |
| Current ratio | — | — | — | — | 0.24x | 0.37x | |
| Interest cover | — | 48.03x | 26.55x | — | 5.96x | 5.32x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 2 times since incorporation
- BAYFIELDS Y LIMITED 2017-05-17 → present
- BAYFIELDS (HEADINGLEY) LIMITED 2013-02-12 → 2017-05-17
- BAYFIELD & BARTLAM OPTICAL LIMITED 2005-11-25 → 2013-02-12
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Azets Audit Services Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Material uncertainty disclosed
“The company generated a profit of £502,001 for the year ended 31 December 2024. As at the year end, the company had net current liabilities of £6,453,280 as a result of historic acquisitions in order to facilitate growth of the business. However the company continues to be cash generative in order to service its debts, with further improvement in underlying cash generation in 2025. Funding for the business comes from 4 main sources, all of these sources are long-term trusted partners of the business and remain fully supportive with a desire to advance further funds to support the right investments. However forecasts prepared by the directors also show that if any or all of these funding sources become unavailable the business would be able to pause acquiring and pay down debt.”
Group structure
- BAYFIELDS Y LIMITED · parent
- Bayfields Audiology Dormant Limited 100%
- Samantha Parker Dormant Limited 100%
- H. A. Hudson Limited 100%
- Quiet Key Dormant Limited 100%
- M. B. Bellmore Dormant Limited 100%
- Simon Pestell Limited 100%
- T.C.O Atkinson Limited 100%
- Looking Ahead Limited 100%
- Stephen Pinnington (Nantwich) Limited 100%
- The Optical Shop (West) Dormant Limited 100%
- Image Optical Limited 100%
- Cottam & Glaister Limited 100%
- Oldbury & Cruickshank Eyecare Limited 100%
- I Wear (Chesire) Ltd 100%
- Blenkinsop & Co Limited 100%
- Brooks & Wardman Limited 100%
- Eyeworks London Limited 100%
Significant events
- “The company continued to acquire and has a strong pipeline of practices, with 5 practices either acquired or in Heads of Terms. Further acquisitions will be made where these will strengthen the business and add to shareholder value.”
- “On 17 May 2024 the company acquired the share capital of Eyeworks London Limited.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BAYFIELD, Royston Edward | Director | 2005-11-25 | Jun 1980 | British |
| COOK, Charlotte Elizabeth | Director | 2023-01-04 | Feb 1982 | British |
| SHELTON, Mark Adam | Director | 2023-01-04 | Apr 1989 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARTLAM, Louise Michelle | Secretary | 2005-11-25 | 2010-11-15 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 2005-11-25 | 2005-11-25 |
| BARTLAM, Louise Michelle | Director | 2005-11-25 | 2010-11-15 |
| BOYES, Chris | Director | 2020-03-09 | 2020-03-09 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 2005-11-25 | 2005-11-25 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mr Royston Edward Bayfield | Individual | Shares 75–100% | 2016-11-25 | Ceased 2016-11-25 |
| Bayfields Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 95 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-02 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-11-27 | CH01 | officers | Change person director company with change date | |
| 2025-11-27 | CH01 | officers | Change person director company with change date | |
| 2025-10-03 | AA | accounts | Accounts with accounts type full | |
| 2024-11-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type full | |
| 2024-02-26 | CH01 | officers | Change person director company with change date | |
| 2023-11-22 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type full | |
| 2023-05-22 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2023-01-04 | AP01 | officers | Appoint person director company with name date | |
| 2022-11-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-30 | AA | accounts | Accounts with accounts type full | |
| 2021-12-15 | AA | accounts | Accounts with accounts type full | |
| 2021-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-01-12 | AA | accounts | Accounts with accounts type full | |
| 2020-12-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2020-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2020-03-20 | CH01 | officers | Change person director company with change date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.