Optima Products Limited in Buckinghamshire, HP11 1BS

Description

Data updated on: 01-11-2023

Optima Products Limited with Companies House Reg No. 01033081 has been in this business field for 53 years. This Private Limited Company can be reached at 57 London Road, High Wycombe in Buckinghamshire and their zip code is HP11 1BS. This firm known today as Optima Products Limited, was previously known under the name of Curtsons (radstock). The transformation has occurred in 2007-04-27. This company's declared SIC number is 25110: Manufacture of metal structures and parts of structures. 2023/01/31 is the last time the accounts were filed.

As the data suggests, the firm was established in 1971-11-30 and has so far been supervised by seventeen directors, out of whom three (Allan W., Christian M. and Nicholas C.) are still listed as current directors. Furthermore, the managing director's duties are regularly helped with by a secretary - Nicholas C., who was selected by the following firm on 1997-03-14.

Previous company's names
Optima Products Limited 2007-04-27
Curtsons (radstock) Limited 1971-11-30

Financial data based on annual reports

Profit & Loss
Date of Accounts	2012-01-31	2013-01-31	2014-01-31	2015-01-31	2016-01-31	2017-01-31	2018-01-31	2019-01-31	2020-01-31	2022-01-31	2023-01-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	3 068 333	3 268 012	3 561 458	4 167 781

Balance Sheet
Cash Bank In Hand	658 700	580 729	1 140 256	1 695 700
Cash Bank On Hand				1 695 700	1 487 312	1 851 819	2 654 518	2 640 840	932 134	570 090	2 837 551
Current Assets	1 979 334	2 172 619	2 703 985	3 455 116	4 069 968	4 748 233	5 949 024	6 939 884	4 528 005	7 219 935	8 216 438
Debtors	698 777	942 943	875 982	958 605	1 356 002	1 588 367	1 967 261	2 547 609	1 709 737	3 812 368	2 232 975
Net Assets Liabilities				4 167 781	5 053 751	5 586 309	6 384 101	6 310 750	6 262 855	9 118 993	9 987 386
Net Assets Liabilities Including Pension Asset Liability			3 561 458	4 167 781
Other Debtors				2 000	11 505	3 465	3 590
Property Plant Equipment				1 347 787	1 507 539	1 403 869	1 489 564	1 749 949	4 232 923	4 413 457	4 180 390
Stocks Inventory	621 857	648 947	687 747	800 811
Tangible Fixed Assets	1 630 350	1 508 785	1 420 328	1 347 787
Total Inventories				800 811	1 226 654	1 308 047	1 327 245	1 751 435	1 886 134	2 837 477	3 145 912

Capital & Reserves
Called Up Share Capital	856 182	856 182	856 182	856 182
Profit Loss Account Reserve	2 177 895	2 377 574	2 671 020	3 277 343
Shareholder Funds	3 068 333	3 268 012	3 561 458	4 167 781

Other Financial Data
Audit Fees Expenses	20 000	21 000	21 975	17 350	17 750	16 350	19 000	22 750	24 000	25 750	27 500
Company Contributions To Money Purchase Plans Directors				2 400	2 400	2 761	2 761	3 132	2 644	2 400	2 400
Director Remuneration	98 752	99 595	87 839	93 049	101 994	130 561	170 748	193 616	41 541
Number Directors Accruing Benefits Under Money Purchase Scheme	1	1	1	1	1	1	1	1	1	1	1
Dividend Recommended By Directors											250 000
Accruals Deferred Income Within One Year	81 844	63 664	74 368	44 568
Accrued Liabilities Deferred Income				44 568	140 687	84 362	221 738	286 738	248 152	308 197	307 375
Accumulated Depreciation Impairment Property Plant Equipment				1 992 286	2 282 618	2 538 919	2 783 504	3 112 439	3 628 851	4 689 651	5 305 857
Administration Support Average Number Employees	8	17	21	31	34	41	44	49		57	61
Administrative Expenses	3 027 634	2 637 181	2 848 342	2 816 257	3 476 300	3 372 629	4 131 977	4 324 419	5 254 957	5 068 066	6 023 910
Amounts Owed By Group Undertakings				478 678	398 168	679 431	1 285 734	1 645 408	767 091	2 997 709	1 466 057
Amounts Owed By Group Undertakings Other Participating Interests After One Year			306 080
Amounts Owed By Group Undertakings Other Participating Interests Within One Year	43 122	193 768	20 275	478 678
Amounts Owed To Group Undertakings				3	394 129	1 000	3	3	504 526	3	5 615
Amounts Owed To Group Undertakings Other Participating Interests Within One Year	178 726	3 414	96 748	3
Applicable Tax Rate				21	20	20	19	19	19	19	19
Average Number Employees During Period	57	56	55	59	67	78	82	92	121	127	141
Capital Allowances In Excess Depreciation Leading To Decrease Increase In Tax	-18 936	-23 678	-4 373
Cash Cash Equivalents Cash Flow Value				1 695 700	1 487 312	1 851 819	2 654 518	2 640 840		570 090
Cash Flows Used In Acquiring Or Obtaining Control Subsidiaries Or Other Businesses Classified As Investing Activities					-180 000					-27 778	-1
Commitments Under Non-cancellable Operating Leases Other Items	20 903	16 519	11 436	10 608
Comprehensive Income Expense				606 323	885 970	532 558	797 792	1 188 589	702 105	955 560	1 118 393
Corporation Tax Due Within One Year	57 584	71 584	47 241	131 769
Corporation Tax Payable				131 769	49 938	102 995	30 267				25 000
Corporation Tax Recoverable								5 000	213 000	40 000
Cost Sales	3 562 258	3 425 138	4 409 864	4 856 809	5 928 229	5 149 252	6 355 518	7 884 907	9 362 562	8 750 544	11 164 976
Creditors				1 006 338	1 039 685	941 968	1 419 252	2 087 158	2 433 775	2 787 801	2 218 836
Creditors Due Within One Year	676 355	683 397	938 930	1 006 338
Current Tax For Period				175 126	149 938	202 995	195 000	145 000	-133 000	30 000	130 000
Debtors Due After One Year			306 080
Debtors Due Within One Year	698 777	942 943	569 902	958 605
Deferred Tax Asset Debtors						5 569		103 973
Deferred Tax Current Asset			12 389
Deferred Tax Current Asset Due Within One Year	14 874	13 847	12 389
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws				2 655	1 181		586				77 826
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences				17 248	35 287	-45 715	16 879	6 777		-16 953	64 009
Deferred Tax Liabilities				8 663	8 143		9 172	8 841		260 451	324 460
Depreciation Amortisation Expense				210 243	290 332	278 012	249 782	328 935	519 906	632 954	616 206
Depreciation Expense Property Plant Equipment				210 243	290 332	278 012	249 782	328 935	519 906	632 954	616 206
Depreciation Tangible Fixed Assets Expense	219 030	187 512	185 567	210 243
Depreciation Tangible Intangible Fixed Assets	9 873		151
Difference Between Accumulated Depreciation Amortisation Capital Allowances				-3 804
Disposals Decrease In Depreciation Impairment Property Plant Equipment						21 711			3 494
Disposals Property Plant Equipment						74 513			5 824
Dividends Paid								500 000	750 000		250 000
Dividends Paid Classified As Financing Activities								-500 000	-750 000		-250 000
Dividends Paid On Shares Interim								500 000	750 000		250 000
Dividends Received Classified As Investing Activities					-250 000	-183 250
Effective Current Tax Rate		24	23
Expenses Not Deductible For Tax Purposes	-20 643	3 988	-5 634
Fixed Asset Investments Additions		1	106 071
Fixed Asset Investments Cost Or Valuation	4	5	106 075
Fixed Asset Investments Disposals			1
Fixed Assets	1 765 354	1 778 790	1 796 403	1 723 862	2 063 614	1 780 044	1 865 639	2 126 024	4 738 998	4 947 310	4 314 244
Foreign Exchange Gain Loss Recognised In Profit Loss	9		-34 010
Further Item Operating Income Component Total Other Operating Income					41 974		56 202	54 259	55 997	109 091	109 091
Further Operating Expense Item Component Total Operating Expenses				14 613	13 503	1 407
Future Minimum Lease Payments Under Non-cancellable Operating Leases				8 840		14 400	14 400	14 400	50 000	15 598	15 598
Gain Loss Due To Foreign Exchange Differences Recognised In Profit Or Loss				11 311	-47 275	25 178	-910	-1 492	-18 760	14 475	-41 728
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				-17 120	115 178	-66 805	550 012	698 173	346 617	1 073 643	-593 965
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-95 012	-397 397	-310 765	-384 463	-521 375	941 899	-1 398 028	1 539 393
Gain Loss On Disposal Assets Income Statement Subtotal						-52 802	22 197		-2 330	-5 272	45 744
Gain Loss On Disposals Property Plant Equipment						-52 802	22 197		-2 330	-5 272	45 744
Gross Profit Loss	3 360 144	2 931 281	3 216 447	3 597 557	4 236 686	4 049 768	4 899 283	5 519 294	5 829 267	5 819 822	7 310 298
Hire Leasing Plant Machinery Costs	21 641	21 624	19 672
Historical Cost Depreciation Charge Less Actual Depreciation Charge Calculated On Revalued Amount	7 285	7 285	7 285
Historical Cost Profit Loss For Period	265 020	206 964	300 731
Historical Cost Profit Loss On Ordinary Activities Before Taxation	346 571	309 575	389 430
Impairment Loss On Investments							100
Impairment Loss Reversal On Investments							100
Income From Shares In Group Undertakings					250 000	183 250
Income Taxes Paid Refund Classified As Operating Activities				-87 241	-231 769	-155 367	-95 505	-67 771	-71 290	-5 086	48 537
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				555 444	-208 388	364 507	802 699	-13 678	-1 708 706	-322 937	2 267 461
Increase Decrease In Current Tax From Adjustment For Prior Periods				-3 357		5 429	-172 223	-112 496	-3 710	14 053	-8 537
Increase Decrease In Net Deferred Tax Liability From Amount Recognised In Profit Or Loss					35 287	-45 715		6 777
Increase Decrease In Stocks Inventories Finished Goods Work In Progress				113 064	425 843	81 393	19 198	424 190	134 699	790 916	308 435
Increase From Depreciation Charge For Year Property Plant Equipment					290 332	278 012		328 935	519 906		616 206
Interest Expense								2 021
Interest Expense On Bank Overdrafts								2 021	1 436	1 944	1 819
Interest Income								717
Interest Paid Classified As Operating Activities								-2 021	-1 436	-1 944	-1 819
Interest Payable Similar Charges	244
Interest Payable Similar Charges Finance Costs								2 021	1 436	9 944	-5 181
Investment Income Net Amounts Written Off Back To Investments					254 795	183 988
Investment Property				270 000	270 000	270 000	270 000	270 000	400 000	400 000
Investment Property Fair Value Model					270 000		270 000	270 000	400 000	400 000
Investments Fixed Assets	4	5	106 075	106 075	286 075	106 175	106 075	106 075	106 075	133 853	133 854
Investments In Group Undertakings				106 075	286 075	106 175	106 075	106 075	106 075	133 853	133 854
Key Management Personnel Compensation Total				95 449	104 394	133 322	173 509	196 748	49 731
Loans Other Than Banks Loans Overdrafts Finance Charges	47
Net Cash Flows From Used In Financing Activities								500 000	750 000		250 000
Net Cash Flows From Used In Investing Activities				137 702	375 289	43 156	313 280	588 603	3 005 210	316 299	-62 604
Net Cash Flows From Used In Operating Activities				-693 146	-166 901	-407 663	-1 115 979	-1 074 925	-2 046 504	6 638	-2 454 857
Net Cash Generated From Operations				-780 387	-398 670	-563 030	-1 211 484	-1 144 717	-2 119 230	-8 392	-2 401 139
Net Current Assets Liabilities	1 302 979	1 489 222	1 765 055	2 448 778	3 030 283	3 806 265	4 529 772	4 852 726	2 094 230	4 432 134	5 997 602
Net Deferred Tax Liability Asset				4 859	40 146		11 310	18 087
Net Increase Decrease In Shareholders Funds	257 735	199 679	293 446
Net Interest Received Paid Classified As Investing Activities					-4 795	-738		-717
Nominal Value Allotted Share Capital				856 182	856 182	856 182	856 182	856 182		856 182	856 182
Number Shares Allotted		856 182	856 182	856 182
Number Shares Issued Fully Paid					856 182	856 182		856 182	856 182		856 182
Operating Profit Loss	339 530			795 340	816 400	691 179	837 548	1 263 174	643 177	877 467	1 400 684
Other Creditors					34 581	61 301	60 444	61 607
Other Debtors Within One Year	350	1 200		2 000
Other Differences Leading To An Increase Decrease In Tax Charge	1 077	1 368	609
Other Interest Receivable Similar Income Finance Income					4 795	738		717
Other Operating Income	7 020	8 190	14 040
Other Operating Income Format1				14 040	56 014	14 040	70 242	68 299	68 867	125 711	114 296
Other Operating Leases Expiring Between Two Five Years	20 072	11 436	10 608
Other Operating Leases Expiring Within One Year	831	5 083	828	10 608
Other Taxation Social Security Payable				42 906	55 707	63 192	69 051	83 578	91 549	93 103	102 411
Other Taxation Social Security Within One Year	49 178	43 856	40 176	42 906
Par Value Share		1	1	1	1	1		1	1		1
Pension Costs	235 669	226 640	198 232
Pension Other Post-employment Benefit Costs Other Pension Costs				198 229	255 868	213 676	226 031	34 423	48 885	48 692	62 606
Prepayments Accrued Income				112 009	113 289	98 217	134 071	73 973	209 551	131 447	125 918
Prepayments Accrued Income Current Asset Due Within One Year	98 293	221 954	83 397	112 009
Proceeds From Sales Property Plant Equipment							-42 986			-785
Production Average Number Employees	49	39	34	28	33	37	38	43		70	80
Profit Loss				606 323	885 970	532 558	797 792	1 188 589	702 105	659 910	1 325 393
Profit Loss For Period	257 735	199 679	293 446
Profit Loss On Ordinary Activities Before Tax	339 286	302 290	382 145	795 340	1 071 195	695 267	837 448	1 261 870	771 741	867 523	1 405 865
Property Plant Equipment Gross Cost				3 340 073	3 790 157	3 942 788	4 273 068	4 862 388	7 861 774	9 103 108	9 486 247
Provisions				4 859	40 146	-5 569	11 310	668 000	468 000	260 451	324 460
Provisions For Liabilities Balance Sheet Subtotal				4 859	40 146		11 310	668 000	570 373	260 451	324 460
Provisions For Liabilities Charges	-14 874	-13 847	-12 389	4 859
Purchase Property Plant Equipment				-137 702	-450 084	-227 144	-356 266	-589 320	-3 005 210	-289 306	-383 139
Raw Materials				776 087	1 209 287	1 293 980	1 270 286	1 516 848	1 713 636	2 487 844	2 651 982
Recoverable Value-added Tax					83 969		67 414		128 910		19 292
Rental Leasing Income				14 040	14 040	14 040	14 040	14 040	12 870	16 620	5 205
Rental Other Income From Property Contributing To Other Operating Income	7 020	8 190	14 040
Share Capital Allotted Called Up Paid	856 182	856 182	856 182	856 182
Share Premium Account	34 256	34 256	34 256	34 256
Short-term Borrowing Charges Including Bank Interest	197
Social Security Costs	176 709	172 223	155 702	169 417	207 034	238 748	273 584	301 933	348 063	354 299	466 067
Staff Costs	2 056 482	2 023 846	1 939 849
Staff Costs Employee Benefits Expense				2 161 486	2 715 472	2 912 970	3 343 659	3 774 165	4 309 575	4 164 724	5 069 415
Standard Nominal Tax Rate	26	24	23
Stocks Raw Materials Consumables	606 124	626 895	661 764	776 087
Tangible Fixed Assets Additions		38 633	86 430	125 586
Tangible Fixed Assets Cost Or Valuation	3 045 599	3 111 394	3 202 371	3 340 073
Tangible Fixed Assets Depreciation	1 415 249	1 602 609	1 782 043	1 992 286
Tangible Fixed Assets Depreciation Charged In Period		114 475	103 704	128 992
Tangible Fixed Assets Depreciation Decrease Increase On Disposals		152	6 133
Tangible Fixed Assets Disposals		606	8 396
Tax Decrease Increase From Effect Tax Incentives								86 017		115 000	128 440
Tax Expense Credit Applicable Tax Rate				167 021	214 239	139 053	160 455	239 755	146 631	164 829	267 114
Tax Increase Decrease From Effect Capital Allowances Depreciation				3 637	12 588	3 699	29 193	20 440	33 660	13 485	-7 803
Tax Increase Decrease From Effect Dividends From U K Companies					-50 000	-36 650
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss				1 813	7 217	51 178	21 645	11 599	21 280	24 213	-23 435
Tax Increase Decrease From Other Short-term Timing Differences				17 248	35 287
Tax On Group Profit On Ordinary Activities Standard U K Tax Rate	88 214	72 550	87 893
Tax On Profit Or Loss On Ordinary Activities	81 551	102 611	88 699
Tax Tax Credit On Profit Or Loss On Ordinary Activities				189 017	185 225	162 709	39 656	73 281	69 636	207 613	80 472
Total Additions Including From Business Combinations Property Plant Equipment					450 084	227 144		589 320	3 005 210		383 139
Total Assets Less Current Liabilities	3 068 333	3 268 012	3 561 458	4 172 640	5 093 897	5 586 309	6 395 411	6 978 750	6 833 228	9 379 444	10 311 846
Total Current Tax Expense Credit				171 769	149 938	208 424	22 777	32 504	-136 710	150 086	16 463
Total Reserves	2 212 151	2 411 830	2 705 276	3 311 599
Total U K Foreign Current Tax After Adjustments Relief	87 584	101 584	87 241
Trade Creditors Trade Payables				781 274	364 643	622 635	1 037 749	1 565 963	1 589 548	2 312 319	1 778 435
Trade Creditors Within One Year	309 023	459 767	663 218	781 274
Trade Debtors Trade Receivables				365 918	749 071	797 896	476 452	719 255	391 185	643 212	621 708
Trade Debtors Within One Year	533 837	512 174	453 841	365 918
Turnover Gross Operating Revenue	6 922 402	6 356 419	7 626 311	7 066 239
Turnover Revenue				8 454 366	10 164 915	9 199 020	11 254 801	13 404 201	15 191 829	14 570 366	18 475 274
U K Current Corporation Tax	87 584	101 584	87 241
U K Deferred Tax	-6 033	1 027	1 458
Value-added Tax Payable				5 818		6 483		89 269		74 179
V A T Current Asset	8 301
V A T Due Total Creditors		41 112	17 179	5 818
Wages Salaries	1 644 104	1 624 983	1 585 915	1 793 840	2 252 570	2 460 546	2 844 044	3 437 809	3 912 627	3 761 733	4 540 742
Work In Progress	15 733	22 052	25 983	24 724	17 367	14 067	56 959	234 587	172 498	349 633	493 930
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss									206 346		64 009
Assumed Percentage Employees Opting For Early Retirement										3	3
Assumed Rate Increase Pensionable Salaries										4	3
Assumed Rate Increase Pensions In Payment Deferred Pensions										3	3
Capital Commitments									55 105
Cash Cash Equivalents Held In Defined Benefit Plan Fair Value										384 000	323 000
Cash Payments To On Behalf Employees										400 000	200 000
Company Contributions To Money Purchase Schemes Directors	24 900	24 900	2 400	2 400
Debt Securities Held In Defined Benefit Plan Fair Value										1 994 000	2 676 000
Decrease In Assets Defined Benefit Plan From Benefits Paid										187 000	194 000
Decrease Increase In Liabilities Defined Benefit Plan From Remeasurement										498 000	1 780 000
Deferred Tax Liability Asset Related To Defined Benefit Plan										199 000	191 000
Deficit Surplus In Defined Benefit Plan										-199 000	-191 000
Defined Benefit Liabilities From Plans That Are Wholly Or Partly Funded Present Value										6 656 000	4 849 000
Discount Rate Used Defined Benefit Plan										2	4
Disposals Investment Property Fair Value Model											400 000
Equity Securities Held In Defined Benefit Plan Fair Value										4 477 000	2 041 000
Fair Value Assets Defined Benefit Plan										6 855 000	5 040 000
Fair Value Assets In Defined Benefit Plans Less Present Value Funded Obligations										6 855 000	5 040 000
Further Item Deferred Expense Credit Component Total Deferred Tax Expense										74 480
Further Item Gain Loss In Other Comprehensive Income Before Tax Component Total Other Comprehensive Income Before Tax										365 000	-207 000
Further Item Increase Decrease In Assets Defined Benefit Plan Component Total Change In Fair Value Plan Assets										113 000	-1 972 000
Further Item Interest Expense Component Total Interest Expense										8 000	-7 000
Further Item Tax Increase Decrease Component Adjusting Items											8 747
Further Non-cash Item Leading To Gain Loss In Cash Flows Component Total Adjustments From Non-cash Items										8 000	-7 000
Gain Loss On Remeasurement Defined Benefit Plans Before Tax In Other Comprehensive Income											-207 000
Income Tax Expense Credit On Components Other Comprehensive Income										69 350
Increase In Assets Defined Benefit Plan From Contributions By Employer										400 000	200 000
Increase In Assets Defined Benefit Plan From Interest Income										98 000	151 000
Increase In Liabilities Defined Benefit Plan From Interest Expense										106 000	144 000
Liabilities Defined Benefit Plan Present Value										6 656 000	4 849 000
Other Cash Inflow Outflow Classified As Operating Activities										8 000	-7 000
Other Comprehensive Income Expense Net Tax										295 650	-207 000
Proceeds From Sales Investment Properties											-445 744
Tax Increase Decrease Arising From Group Relief Tax Reconciliation										106 033	-105 000
Total Deferred Tax Expense Credit								40 777	206 346	57 527	64 009