MARTIN SMITH OPTICIANS LIMITED Financials
- Company number
- 05148514CopyCopy
- Registered office
- 22 Saltergate, Lincoln, LN2 1DH
- Incorporated
- 08/06/2004
Company snapshot
- Status
- Active
- Employees
- 7 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
-20.71%vs 20242024: £238.60K
Total Assets
-10.32%vs 20242024: £372.77K
Cash in Bank
-15.40%vs 20242024: £186.50K
Total Liabilities
8.15%vs 20242024: £134.17K
Employees
-1vs 20242024: 8
In 2025, MARTIN SMITH OPTICIANS LIMITED reported net assets of £189.19K. The same filing shows total assets of £334.29K, cash in bank of £157.78K and total liabilities of £145.10K. Reported headcount was 7 in 2025. Net Assets fell from £238.60K in 2024 to £189.19K in 2025 (-20.71%). Okredo holds filed figures for 2021–2025; 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
-20.71%from £238.60K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MARTIN SMITH OPTICIANS LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-36.5%vs 2023-20.3% a year compound (CAGR)
Cash in Bank
-28.1%vs 2023-15.2% a year compound (CAGR)
Total Assets
-18.3%vs 2023-9.6% a year compound (CAGR)
Total Liabilities
+30%vs 2023+14% a year compound (CAGR)
Employees
0%vs 2023Biggest increase
Total Liabilities+30%
£111.59K in 2023 to £145.10K in 2025
Biggest decrease
Net Assets-36.5%
£297.71K in 2023 to £189.19K in 2025
MARTIN SMITH OPTICIANS LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MARTIN SMITH OPTICIANS 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
- 56.59%2025
- 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
- 43.41%2025
- 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
- 108.74%2025
- 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
- 47.20%2025
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for MARTIN SMITH OPTICIANS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 301.84K | 291.18K | 297.71K | 238.60K | 189.19K |
| Total Assets£ | 456.74K | 400.46K | 409.30K | 372.77K | 334.29K |
| Cash in Bank£ | 271.60K | 223.27K | 219.45K | 186.50K | 157.78K |
| Total Liabilities£ | 154.89K | 109.27K | 111.59K | 134.17K | 145.10K |
| Employees | 7 | 7 | 7 | 8 | 7 |
MARTIN SMITH OPTICIANS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for MARTIN SMITH OPTICIANS LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
MARTIN SMITH OPTICIANS LIMITED reported net assets of £189.19K for 2025. That compares with £238.60K in 2024, a change of -20.71%.
MARTIN SMITH OPTICIANS LIMITED reported total assets of £334.29K for 2025. That compares with £372.77K in 2024, a change of -10.32%.
MARTIN SMITH OPTICIANS LIMITED reported cash in bank of £157.78K for 2025. That compares with £186.50K in 2024, a change of -15.40%.
MARTIN SMITH OPTICIANS LIMITED reported 7 employees in 2025, compared with 8 in 2024.
Between 2023 and 2025, MARTIN SMITH OPTICIANS LIMITED's net assets fell by 36.5%, cash in bank fell by 28.1%, total assets fell by 18.3% and total liabilities rose by 30%. Net assets contracted at 20.3% a year across the two years to 2025, from £297.71K to £189.19K. Reported headcount went from 7 in 2023 to 7 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.