SPECSAVERS EYE CARE SERVICES LIMITED
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Cash
£297k
+56% vs 2025
Net assets
£8.2m
-47% lowest in 3 filed years
Employees
1,140
+6.9% highest in 3 filed years
Profit before tax
£14m
-24.7% lowest in 3 filed years
Net assets
3-year trend · vs Health Care median
Accounts
3-year trend · Δ = latest vs prior filed period · latest reflected 2026-02-28
| Metric | Trend | 2024-02-28 | 2025-02-28 | 2026-02-28 | Δ vs prior |
|---|---|---|---|---|---|
| Turnover | £110,879,165 | £129,485,682 | £143,300,926 | +10.7% | |
| Operating profit | £23,548,436 | £19,998,551 | £16,047,553 | -19.8% | |
| Profit before tax | £22,966,587 | £18,868,841 | £14,209,745 | -24.7% | |
| Net profit | £18,172,498 | £13,071,890 | £8,502,934 | -35% | |
| Cash | £559,337 | £190,137 | £296,682 | +56% | |
| Total assets less current liabilities | £16,761,175 | £17,438,604 | £10,208,973 | -41.5% | |
| Net assets | £15,000,555 | £15,491,446 | £8,214,785 | -47% | |
| Equity | £15,000,555 | £15,491,446 | £8,214,785 | -47% | |
| Average employees | 944 | 1,066 | 1,140 | +6.9% | |
| Wages | £34,462,060 | £39,780,706 | £46,111,405 | +15.9% | |
| Directors' remuneration | — | — | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-02-28 | 2025-02-28 | 2026-02-28 |
|---|---|---|---|---|
| Operating margin | 21.2% | 15.4% | 11.2% | |
| Net margin | 16.4% | 10.1% | 5.9% | |
| Return on capital employed | 140.5% | 114.7% | 157.2% | |
| Gearing (liabilities / total assets) | 74.9% | 79.1% | 86.7% | |
| Current ratio | 0.78x | 0.68x | 0.70x | |
| Interest cover | 28.04x | 12.99x | 7.21x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Name history
Renamed 1 time since incorporation
- SPECSAVERS EYE CARE SERVICES LIMITED 2016-11-28 → present
- GEELONG LIMITED 2016-11-21 → 2016-11-28
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- BDO LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“Specsavers and its clinics have access to significant cash holdings, alongside positive operating cashflows which support the group’s liquidity and longer-term viability, and provide the ability to withstand reasonably possible downside scenarios should they arise.”
Group structure
- SPECSAVERS EYE CARE SERVICES LIMITED · parent
- New Medical Systems Limited 100%
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 7 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| SPECSAVERS OPTICAL GROUP LIMITED | Corporate Secretary | 2016-11-21 | — | — |
| BAINBRIDGE, Peter John | Director | 2025-06-30 | May 1971 | British |
| EDMONDS, Giles Stuart Rutherford | Director | 2016-11-21 | Jul 1972 | British |
| PERKINS, Douglas John David | Director | 2016-11-24 | Apr 1943 | British |
Show 7 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DIAMOND, Jeremy Paul | Director | 2016-11-24 | 2020-12-31 |
| FUSSEY, Paul | Director | 2016-11-24 | 2025-06-30 |
| KIRKPATRICK, James Nigel Pollock | Director | 2016-11-24 | 2020-12-31 |
| LYTHE, Rebecca Lucy | Director | 2021-01-14 | 2025-06-30 |
| MANNERS, Timothy David | Director | 2016-11-24 | 2020-12-31 |
| MARSHALL, John Paul | Director | 2016-11-24 | 2024-06-17 |
| SHAH, Darshak Ashok | Director | 2016-11-24 | 2020-12-31 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Mary Lesley Perkins | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-21 | Active |
| Mr Douglas John David Perkins | Individual | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-11-21 | Active |
Filing timeline
Last 20 of 49 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-01-07 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-19 | AA | accounts | Accounts with accounts type group | |
| 2025-11-13 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-08-28 | AA | accounts | Accounts with accounts type group | |
| 2025-07-02 | TM01 | officers | Termination director company with name termination date | |
| 2025-07-01 | AP01 | officers | Appoint person director company with name date | |
| 2025-07-01 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-05 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-08-28 | AA | accounts | Accounts with accounts type group | |
| 2024-06-27 | TM01 | officers | Termination director company with name termination date | |
| 2023-12-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-10-28 | AA | accounts | Accounts with accounts type group | |
| 2023-01-20 | AA | accounts | Accounts with accounts type group | |
| 2022-12-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-01-11 | CH01 | officers | Change person director company with change date | |
| 2021-12-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-12-07 | AA | accounts | Accounts with accounts type group | |
| 2021-11-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-11-12 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2021-01-19 | AP01 | officers | Appoint person director company with name date | |
| 2021-01-07 | MA | incorporation | Memorandum articles |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 2
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.