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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

Accounts

4-year trend · latest reflected 2024-12-28

Metric Trend 2022-01-012022-12-312023-12-302024-12-28
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 959971
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

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 2022-01-012022-12-312023-12-302024-12-28
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 2.21x2.29x
Interest cover 57.54x47.57x

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

  1. DCM (OPTICAL HOLDINGS) LIMITED 2001-11-07 → present
  2. DAVID MOULSDALE (HOLDINGS) LIMITED 1994-04-22 → 2001-11-07
  3. 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

  1. DCM (OPTICAL HOLDINGS) LIMITED · parent
    1. Optical Express Limited 100% · Scotland · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    2. Optical Express (Westfield) Limited 100% · Scotland · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    3. Optical Express (Holdings) Limited 100% · Scotland · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    4. The Frame Zone Limited 100% · Scotland · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    5. Cruach Capital Limited 100% · Scotland · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    6. Optical Express (Deutschland Holding) GmbH 100% · Germany · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    7. Optical Express AG' 100% · Germany · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    8. Optical Express Kliniken GmbH* 100% · Germany · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    9. Optical Express Hamburg GmbH* 100% · Germany · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    10. Optical Express Lindau GmbH* 75.5% · Germany · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    11. Optical Express d.o.o* 75% · Croatia · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services
    12. Polikinika Optical Express^ 100% · Croatia · Ophthalmic refractive surgery, opticians, equipment lessor, central buying agent, and head office services

Significant events

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 PDF
2025-09-29 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-04-25 MR04 mortgage Mortgage satisfy charge full PDF
2024-11-01 CH01 officers Change person director company with change date PDF
2024-09-30 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-09-30 AA accounts Accounts with accounts type group PDF
2023-10-16 AA accounts Accounts with accounts type group
2023-10-13 CS01 confirmation-statement Confirmation statement with no updates PDF
2023-06-30 AD01 address Change registered office address company with date old address new address PDF
2022-10-04 AA accounts Accounts with accounts type group
2022-09-28 CS01 confirmation-statement Confirmation statement with no updates PDF
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 PDF
2021-10-05 CS01 confirmation-statement Confirmation statement with no updates PDF
2021-09-22 AA accounts Accounts with accounts type group
2021-06-24 MR04 mortgage Mortgage satisfy charge full PDF
2021-06-24 MR04 mortgage Mortgage satisfy charge full PDF

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