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Next accounts due

2026-09-30 (in 4mo)

Last filed for 2024-12-31

Confirmation statement due

2026-11-25 (in 6mo)

Last made up 2025-11-11

Watchouts

1 item

Cash

£197K

-40.2% vs 2023

Net assets

£1M

-2.1% vs 2023

Employees

13

-13.3% vs 2023

Profit before tax

-£37K

+79.7% vs 2023

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

2-year trend · latest reflected 2024-12-31

Metric Trend 2023-12-312024-12-31
Turnover £1,236,799£885,206
Operating profit £16,187£34,679
Profit before tax -£183,813-£37,392
Net profit -£181,759-£25,989
Cash £329,666£197,090
Total assets less current liabilities £1,640,423£1,639,218
Net assets £1,238,207£1,212,218
Equity £1,238,207£1,212,218
Average employees 1513
Wages £369,594£299,491
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

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 2023-12-312024-12-31
Operating margin 1.3%3.9%
Net margin -14.7%-2.9%
Return on capital employed 1.0%2.1%
Current ratio 2.32x1.90x

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 1 time since incorporation

  1. OPTILASE (UK) LIMITED 2022-04-20 → present
  2. THERAPIE (BELFAST) LTD 2009-11-12 → 2022-04-20

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
KPMG, Chartered Accountants
Audit opinion
Unqualified (clean)
Going concern
Material uncertainty disclosed

“We draw attention to the disclosure made in note 1 to the financial statements which explains that the financial statements are not prepared on the going concern basis for the reasons set out in that note.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

3 active · 3 resigned

Name Role Appointed Born Nationality
BARRY, Gerald Director 2021-02-01 May 1985 Irish
MCGLADE, Katie Elizabeth Director 2013-01-31 Aug 1987 Irish
MCGLADE, Phillip Martin Director 2013-01-31 Jan 1986 Irish
Show 3 resigned officers
Name Role Appointed Resigned
GILLIGAN, Darren Director 2009-11-12 2017-05-11
GILLIGAN, Tracey Director 2009-11-12 2017-05-11
SHORTT, Mark Director 2013-09-19 2017-10-01

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
Valterous Limited Corporate entity Shares 75–100%, Voting 75–100% 2016-04-06 Ceased 2022-04-19

Filing timeline

Last 20 of 61 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2023-01-18 MA Memorandum articles
  • 2023-01-08 RESOLUTIONS Resolution
  • 2022-04-20 CERTNM Certificate change of name company PDF
Date Type Category Description
2025-11-14 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-09-18 AA accounts Accounts with accounts type full
2024-11-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-10-03 AA accounts Accounts with accounts type full
2023-11-15 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-10-09 AA accounts Accounts with accounts type full
2023-06-07 MR04 mortgage Mortgage satisfy charge full PDF
2023-01-18 MA incorporation Memorandum articles
2023-01-08 RESOLUTIONS resolution Resolution
2023-01-05 AA accounts Accounts with accounts type full
2022-12-22 MR04 mortgage Mortgage satisfy charge full
2022-12-21 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2022-11-22 CS01 confirmation-statement Confirmation statement with updates PDF
2022-05-09 PSC08 persons-with-significant-control Notification of a person with significant control statement PDF
2022-05-09 PSC07 persons-with-significant-control Cessation of a person with significant control PDF
2022-04-20 CERTNM change-of-name Certificate change of name company PDF
2021-12-30 AA accounts Accounts with accounts type full
2021-12-20 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-02-26 AP01 officers Appoint person director company with name date PDF
2020-12-16 AA accounts Accounts with accounts type full

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
2

last 12 months

Capital events
0

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page