I2I OPTOMETRISTS GLASGOW LTD
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Next accounts due
2026-10-31 (in 5mo)
Last filed for 2025-01-31
Confirmation statement due
2026-08-29 (in 3mo)
Last made up 2025-08-15
Watchouts
Cash
£1M
Latest balance sheet
Net assets
£8M
highest in 4 filed years
Employees
47
highest in 3 filed years
Profit before tax
£2M
Period ending 2025-01-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Outstanding charges registered
One or more mortgages or charges remain undischarged on the Companies House register.
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-01-31
| Metric | Trend | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £14,917,475 | £20,142,351 | |
| Operating profit | — | — | — | — | £1,362,468 | £1,728,576 | |
| Profit before tax | — | — | — | — | £1,462,091 | £2,137,785 | |
| Net profit | — | — | — | — | £1,112,227 | £1,602,731 | |
| Cash | £1,526,986 | £2,849,045 | — | — | £963,955 | £1,211,488 | |
| Total assets less current liabilities | £3,783,419 | £4,518,455 | — | — | £6,669,313 | £8,286,381 | |
| Net assets | £3,772,953 | £4,503,377 | — | — | £6,644,648 | £8,235,279 | |
| Equity | £3,772,953 | £4,503,377 | £4,975,881 | — | £6,644,648 | £8,235,279 | |
| Average employees | — | 27 | — | — | 45 | 47 | |
| Wages | — | — | — | — | £1,143,024 | £1,556,468 | |
| Directors' remuneration | — | — | — | — | £7,956 | £9,282 |
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 → FY2025 · period ending 2025-01-31 vs 2023-11-30
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2019-11-30 | 2020-11-30 | 2021-11-30 | 2022-11-30 | 2023-11-30 | 2025-01-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 9.1% | 8.6% | |
| Net margin | — | — | — | — | 7.5% | 8.0% | |
| Return on capital employed | — | — | — | — | 20.4% | 20.9% | |
| Gearing (liabilities / total assets) | — | — | — | — | 19.0% | 17.3% | |
| Current ratio | — | — | — | — | 5.19x | 5.56x | |
| Interest cover | — | — | — | — | 280.57x | — |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- O'Haras Accountants Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”
Significant events
- “Introduction of a virtual try-on system, which has helped improve engagement and conversion rates.”
- “Plans to introduce contact lenses into the product mix in 2025.”
- “Ongoing progress on the new flagship store at 348 Argyle Street, Glasgow, which remains a work in progress. Once completed, it will establish one of the largest eyewear stores in the UK.”
- “Continued growth of in-house collections including Seeing Society and BlueScreen.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| DHILLON, Gurjit Singh | Director | 2026-01-30 | Aug 1989 | British |
| MCCAULEY, Sean | Director | 2012-08-15 | May 1970 | Irish |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Aspecta Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2026-01-30 | Active |
| Jacqueline Mccauley | Individual | Shares 25–50%, Voting 25–50% | 2016-04-06 | Ceased 2026-01-30 |
| Mr Sean Mccauley | Individual | Shares 50–75%, Voting 50–75%, Appoints directors | 2016-04-06 | Ceased 2026-01-30 |
Filing timeline
Last 20 of 44 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-02-24 MA Memorandum articles
- 2026-02-24 RESOLUTIONS Resolution
- 2026-02-02 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-02-24 | MA | incorporation | Memorandum articles | |
| 2026-02-24 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-18 | AP01 | officers | Appoint person director company with name date | |
| 2026-02-18 | ANNOTATION | miscellaneous | Legacy | |
| 2026-02-18 | ANNOTATION | miscellaneous | Legacy | |
| 2026-02-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2026-02-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2026-02-02 | RESOLUTIONS | resolution | Resolution | |
| 2026-02-02 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2026-01-30 | SH01 | capital | Capital allotment shares | |
| 2026-01-28 | AA | accounts | Accounts with accounts type full | |
| 2025-09-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-29 | AA | accounts | Accounts with accounts type full | |
| 2024-11-06 | AA01 | accounts | Change account reference date company current extended | |
| 2024-08-28 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-28 | CH01 | officers | Change person director company with change date | |
| 2024-08-28 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-08-28 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2023-11-27 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 13
- Capital events
- 1
- Officers appointed
- 1
- 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.