BIRMINGHAM OPTICAL GROUP LIMITED Financials
- Company number
- 01038848CopyCopy
- Registered office
- Unit 4 Gravelly Industrial Estate, Birmingham B24 8HZ
- Incorporated
- 19/01/1972
Company snapshot
- Status
- Active
- Employees
- 68 (2024)
- Latest financial data
- 2024
- Accounts type
- Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
24.29%vs 20232023: £4.97M
Total Assets
-7.99%vs 20232023: £16.59M
Cash in Bank
70.02%vs 20232023: £406.03K
Total Liabilities
-21.36%vs 20232023: £10.75M
Employees
-1vs 20232023: 69
In 2024, BIRMINGHAM OPTICAL GROUP LIMITED reported net assets of £6.18M. The same filing shows total assets of £15.26M, cash in bank of £690.33K and total liabilities of £8.45M. Reported headcount was 68 in 2024. Total Liabilities fell from £10.75M in 2023 to £8.45M in 2024 (-21.36%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
24.29%from £4.97M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BIRMINGHAM OPTICAL GROUP LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+30.7%vs 2022+14.3% a year compound (CAGR)
Cash in Bank
+395%vs 2022+122% a year compound (CAGR)
Total Assets
-9.7%vs 2022-5% a year compound (CAGR)
Total Liabilities
-20%vs 2022-10.5% a year compound (CAGR)
Employees
+1.5%vs 2022+1Biggest increase
Cash in Bank+395%
£139.45K in 2022 to £690.33K in 2024
Biggest decrease
Total Liabilities-20%
£10.56M in 2022 to £8.45M in 2024
BIRMINGHAM OPTICAL GROUP LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BIRMINGHAM OPTICAL GROUP LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 40.47%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 55.39%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 8.17%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 4.52%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
- Revenue per employee
- £252.18K2024
- Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BIRMINGHAM OPTICAL GROUP LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 4.61M | 4.73M | 4.97M | 6.18M |
| Total Assets£ | 19.74M | 16.90M | 16.59M | 15.26M |
| Cash in Bank£ | 715.31K | 139.45K | 406.03K | 690.33K |
| Total Liabilities£ | 13.80M | 10.56M | 10.75M | 8.45M |
| Employees | 65 | 67 | 69 | 68 |
BIRMINGHAM OPTICAL GROUP LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for BIRMINGHAM OPTICAL GROUP LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
BIRMINGHAM OPTICAL GROUP LIMITED reported net assets of £6.18M for 2024. That compares with £4.97M in 2023, a change of 24.29%.
BIRMINGHAM OPTICAL GROUP LIMITED reported total assets of £15.26M for 2024. That compares with £16.59M in 2023, a change of -7.99%.
BIRMINGHAM OPTICAL GROUP LIMITED reported cash in bank of £690.33K for 2024. That compares with £406.03K in 2023, a change of 70.02%.
BIRMINGHAM OPTICAL GROUP LIMITED reported 68 employees in 2024, compared with 69 in 2023.
Between 2022 and 2024, BIRMINGHAM OPTICAL GROUP LIMITED's net assets rose by 30.7%, cash in bank rose by 395%, total assets fell by 9.7% and total liabilities fell by 20%. Net assets compounded at 14.3% a year across the two years to 2024, from £4.73M to £6.18M. Reported headcount went from 67 in 2022 to 68 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.