OPTIMILL LTD
Company number 08119545 · Monitor this company
Executive summary
OPTIMILL Ltd represents an exceptionally well-managed small machining business that has delivered outstanding financial performance, growing net assets from £58k to £1.1M over nine years while eliminating all bank debt. Its balance sheet strength — with a 4.3x current ratio and £309k cash — places it in the top tier of UK small machining businesses and provides significant strategic optionality for investment or resilience through downturns. However, the substantial director loan balance (£369k), ageing plant and machinery (85% depreciated), and declining cash position warrant monitoring, as they suggest profit extraction may be outpacing reinvestment at a point in the cycle where capital renewal is increasingly necessary to maintain competitive positioning.
Shareholders' funds
£1,098,103
Balance sheet as at 2025-06-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-06-26
- Employees
- 13 (2025 accounts · was 14 in 2024)
- Registered office
- Mentor House, Ainsworth Street, Blackburn, Lancashire, England, BB1 6AY
- Postcode
- BB1 6AY
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-06-30
- Next due by
- 2027-03-31
- Financial year end
- 30 June
Confirmation statement
- Last statement dated
- 2026-08-12
- Next due by
- 2027-08-26
Nature of business (SIC)
- 25620 Machining
Officers 2 current · 1 resigned
Data protection registration
Registered with the ICO as a data protection fee payer — ZA697761 (Tier 2), registered since 2020.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous registered addresses 1
| Address | Changed on |
|---|---|
| SUITE 16 LINDEN BUSINESS CENTRE, LINDEN ROAD, COLNE, LANCASHIRE, BB8 9BA | 2016-07-25 |
Among its peers
Top 25%
by shareholders' funds, of 35 similar companies in BB
Trading since 2012.
Competitors Blackburn
This company ranks 5 among machining in Blackburn.
The class of 2012
21%
of the 492,231 companies incorporated in 2012 are still active today; 76% have since been dissolved.
A fact about the year, not a forecast for this company.