DCM (OPTICAL HOLDINGS) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-28
Confirmation statement due
2026-10-12 (in 5mo)
Last made up 2025-09-28
Watchouts
None on the register
Cash
£5M
-14.1% vs 2023
Net assets
£88M
+25.5% vs 2023
Employees
971
+1.3% vs 2023
Profit before tax
£23M
+19.9% vs 2023
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-28
| Metric | Trend | 2022-01-01 | 2022-12-31 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|---|---|
| Turnover | — | — | £105,312,000 | £111,321,000 | |
| Operating profit | — | — | £14,672,000 | £16,887,000 | |
| Profit before tax | — | — | £19,333,000 | £23,186,000 | |
| Net profit | — | — | £14,444,000 | £17,384,000 | |
| Cash | — | — | £5,284,000 | £4,539,000 | |
| Total assets less current liabilities | — | — | £78,774,000 | £96,060,000 | |
| Net assets | — | — | £69,712,000 | £87,503,000 | |
| Equity | £30,104,000 | £31,905,000 | £69,712,000 | £87,503,000 | |
| Average employees | — | — | 959 | 971 | |
| Wages | — | — | £29,105,000 | £29,467,000 | |
| Directors' remuneration | — | — | £637,000 | £662,000 |
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 2024-12-28 vs 2023-12-30
-
Turnover
+5.7%
£105,312,000 £111,321,000
-
Cash
-14.1%
£5,284,000 £4,539,000
-
Net assets
+25.5%
£69,712,000 £87,503,000
-
Employees
+1.3%
959 971
-
Operating profit
+15.1%
£14,672,000 £16,887,000
-
Profit before tax
+19.9%
£19,333,000 £23,186,000
-
Wages
+1.2%
£29,105,000 £29,467,000
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 | 2022-01-01 | 2022-12-31 | 2023-12-30 | 2024-12-28 |
|---|---|---|---|---|---|
| Operating margin | — | — | 13.9% | 15.2% | |
| Net margin | — | — | 13.7% | 15.6% | |
| Return on capital employed | — | — | 18.6% | 17.6% | |
| Gearing (liabilities / total assets) | — | — | 44.3% | 42.9% | |
| Current ratio | — | — | 2.21x | 2.29x | |
| Interest cover | — | — | 57.54x | 47.57x |
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
- DCM (OPTICAL HOLDINGS) LIMITED 2001-11-07 → present
- DAVID MOULSDALE (HOLDINGS) LIMITED 1994-04-22 → 2001-11-07
- DAVID MOULSDALE LIMITED 1993-09-23 → 1994-04-22
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- RSM UK Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The group has continued to generate significant profit from trading in 2024. The group has prepared forecasts and these show that the group has more than sufficient reserves going forward to withstand any future downturn in trading and will remain profitable and cash positive for at least a period of twelve months from the date of signing these financial statements.”
Group structure
- DCM (OPTICAL HOLDINGS) LIMITED · parent
- Optical Express Limited 100%
- Optical Express (Westfield) Limited 100%
- Optical Express (Holdings) Limited 100%
- The Frame Zone Limited 100%
- Cruach Capital Limited 100%
- Optical Express (Deutschland Holding) GmbH 100%
- Optical Express AG' 100%
- Optical Express Kliniken GmbH* 100%
- Optical Express Hamburg GmbH* 100%
- Optical Express Lindau GmbH* 75.5%
- Optical Express d.o.o* 75%
- Polikinika Optical Express^ 100%
Significant events
- “The exceptional items in the current and prior year relate to the release of the provisions for onerous lease contracts, losses from the write off of assets, dilapidations for closed stores and a loss on translation of inter-company balances. The current year exceptional items also includes the receipt of VAT recovered and the prior year had legal fees in relation to the recovery of VAT owing to the group.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MURDOCH, Graeme Ramsay | Secretary | 1994-04-13 | — | British |
| MEIN, Stewart | Director | 2006-03-15 | Jan 1971 | British |
| MOULSDALE, David Charles | Director | 1994-04-13 | Dec 1968 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| COMBINED SECRETARIAL SERVICES LIMITED | Corporate Nominee Secretary | 1993-09-23 | 1994-04-13 |
| BEARDWOOD, Joseph | Director | 2002-10-11 | 2004-04-09 |
| BLIN, Frank | Director | 2012-02-01 | 2015-09-10 |
| MCCONNELL, Jack Wilson, Lord | Director | 2011-07-29 | 2015-09-10 |
| MCKENZIE, Roderick Cheyne | Director | 2010-03-31 | 2015-09-10 |
| MOULSDALE, Gordon | Director | 2003-03-17 | 2015-06-29 |
| MOULSDALE, June | Director | 2003-03-17 | 2015-09-10 |
| MURDOCH, Graeme Ramsay | Director | 2003-03-17 | 2015-09-10 |
| COMBINED NOMINEES LIMITED | Corporate Nominee Director | 1993-09-23 | 1994-04-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Lorena Investments Limited | Corporate entity | Shares 75–100%, Voting 75–100% | 2016-04-06 | Active |
Filing timeline
Last 20 of 182 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-09-30 | AA | accounts | Accounts with accounts type group | |
| 2025-09-29 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-04-25 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2024-11-01 | CH01 | officers | Change person director company with change date | |
| 2024-09-30 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-30 | AA | accounts | Accounts with accounts type group | |
| 2023-10-16 | AA | accounts | Accounts with accounts type group | |
| 2023-10-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-06-30 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-10-04 | AA | accounts | Accounts with accounts type group | |
| 2022-09-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-10-30 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2021-10-30 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2021-10-30 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2021-10-21 | 466(Scot) | mortgage | Mortgage alter floating charge with number | |
| 2021-10-07 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-10-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-09-22 | AA | accounts | Accounts with accounts type group | |
| 2021-06-24 | MR04 | mortgage | Mortgage satisfy charge full | |
| 2021-06-24 | MR04 | mortgage | Mortgage satisfy charge full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- 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.