First Optical Ltd
Registered name: FIRST OPTICAL LTD
First Optical Ltd made £385k revenue and a £51.4k loss in the year to 31 Mar 2025.
First Optical Ltd’s revenue fell 23% to £385k in the year to 31 Mar 2025, with a loss of £51.4k and 5 employees. The company is classified under “retail sale by opticians” and is based in London; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 33 yrs · since 1993
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2022 | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|---|---|
| Disclosure | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | — | — | £500k | £385k |
| Cost of sales | — | — | £136k | £135k |
| Gross profit | — | — | £364k | £250k |
| Operating profit | — | — | £22.4k | −£55.9k |
| Profit before tax | — | — | £22k | −£56k |
| Profit after tax | — | — | £17.4k | −£51.4k |
| Profit (best available) | — | — | £17.4k | −£51.4k |
| Employees (average) | 5 | 6 | 5 | 5 |
| Ratios | ||||
| Profit margin | — | — | 3.5% | −13.4% |
| Gross margin | — | — | 72.9% | 65% |
| Revenue per employee | — | — | £99.9k | £77k |
| Profit per employee | — | — | £3.5k | −£10.3k |
| Growth (year on year) | ||||
| Revenue growth | — | — | — | ▼23% |
| Profit growth | — | — | — | ▼396.1% |
| Headcount growth | — | ▲20% | ▼16.7% | 0% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | — | — | £15.3k | £12.2k |
| Net assets | £69k | £62.2k | £69.6k | £8.2k |
| Fixed assets | £12.7k | £9.5k | £7.2k | £5.4k |
| Current assets | £153k | £142k | £104k | £99.8k |
| Debtors | — | — | £14.3k | £1.8k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2024 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- −13.4%
- Profit ÷ revenue.
- Gross margin
- 65%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £77k
- Revenue ÷ average employees.
- Profit per employee
- −£10.3k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 1.4%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 0.5%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼88%
- Now £8.2k
- Cash at bank
- ▼20%
- Now £12.2k
- Headcount
- 0%
- Now 5
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £5.4k
Group structure
Subsidiaries (1)
- The Reel Eye Company LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£51.4k), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.