EYE XCEL LIMITED
Company number 05814814 · Monitor this company
Executive summary
Eye Xcel Limited occupies a vulnerable niche position within the UK optometry market as a single-site Boots Opticians franchisee in Stevenage, operating with technically insolvent balance sheet (shareholders' deficit of £35,867) and severe working capital deficiency (net current liabilities of £271,512). While recent modest improvements in cash generation and debt reduction indicate operational viability, the company substantially underperforms sector norms across all key financial metrics and remains dependent upon creditor forbearance for continued going concern status. The structural challenges facing independent optometry practices—online disruption, corporate consolidation, and NHS funding pressure—are compounded in this case by legacy acquisition debt and single-site concentration risk.
Shareholders' funds
£102,997
Balance sheet as at 2018-09-30
What it does
The principal activity of the company is optometry and the sale of spectacles.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2006-05-12
- Employees
- 9 (2025 accounts · was 11 in 2024)
- Registered office
- 35 Queensway, Stevenage, Hertfordshire, SG1 1BS
- Postcode
- SG1 1BS
- Capital
- 4 GBP
- Accounts category
- Total Exemption Full
- Charges
- 2 outstanding
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-28
- Financial year end
- 28 September
Confirmation statement
- Last statement dated
- 2026-05-12
- Next due by
- 2027-05-26
Nature of business (SIC)
- 86900 Other human health activities
Officers 2 current · 2 resigned
Previous company names
| Name | Date changed |
|---|---|
| SQUARE SCREEN LIMITED | 2006-06-23 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 12 YORK PLACE, LEEDS, WEST YORKSHIRE, LS1 2DS | 2006-07-03 |
Among its peers
Top 25%
by shareholders' funds, of 372 similar companies in SG
Among the biggest employers among its local peers (9 staff).
Among the oldest 25% of its local peers, trading since 2006.
Competitors Stevenage
This company ranks 52 among other human health activities in Stevenage.
The class of 2006
41%
of the 1,873 companies in this sector incorporated in 2006 are still active today; 57% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 1 title
- Freehold
- 1
- Most recent registration
- 2016-11-29
- Price paid, where recorded
- £575,000
- Where
- Hertfordshire
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HD436109 | Hertfordshire | Freehold | 2016-11-29 | £575,000 |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.