Optical Express (Gyle) Limited
Registered name: OPTICAL EXPRESS (GYLE) LIMITED
Part of Moulsdale Investments Limited groupOptical Express (Gyle) Limited made £19.6m revenue and £3.2m profit in the year to 27 Dec 2025.
Optical Express (Gyle) Limited’s revenue grew 11% to £19.6m in the year to 27 Dec 2025, with £3.2m profit. The company is classified under “retail sale by opticians” and is based in Glasgow; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Glasgow, Scotland
- Age
- 32 yrs · since 1994
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate parent company is Lorena Investments Limited, a company incorporated in Scotland. Group financial statements are available at”
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 30 Dec 2023 | 27 Dec 2024 | 28 Dec 2024 | 27 Dec 2025 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&Lread from filing text | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £17.6m | £16.7m | £17.6m | £17.6m | £19.6m |
| Cost of sales | £2.6m | £2.8m | −£3.2m | £3.2m | −£3.1m |
| Gross profit | £15m | £13.9m | £14.4m | £14.4m | £16.5m |
| Operating profit | £5.3m | £4m | £3.5m | £3.5m | £4.3m |
| Profit before tax | £5.3m | £4m | £3.5m | £3.5m | £4.3m |
| Profit after tax | £4.2m | £3m | £2.6m | £2.6m | £3.2m |
| Profit (best available) | £4.2m | £3m | £2.6m | £2.6m | £3.2m |
| Staff costs | £3m | £2.9m | — | £3.3m | — |
| Employees (average) | 81 | 70 | — | 83 | — |
| Ratios | |||||
| Profit margin | 24.1% | 18.1% | 14.9% | 14.9% | 16.6% |
| Gross margin | 85.3% | 83.3% | 81.8% | 81.8% | 84.1% |
| Revenue per employee | £217k | £238k | — | £212k | — |
| Profit per employee | £52.2k | £43.2k | — | £31.7k | — |
| Growth (year on year) | |||||
| Revenue growth | — | ▼5.2% | ▲5.8% | ▲5.8% | ▲10.9% |
| Profit growth | — | ▼28.5% | ▼13% | ▼13% | ▲23.1% |
| Headcount growth | — | ▼13.6% | — | ▲18.6% | — |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £447k | £455k | — | £188k | — |
| Net assets | £17.7m | £20.7m | — | £23.4m | — |
| Fixed assets | £3.4m | £3.1m | — | £2.8m | — |
| Current assets | £19.2m | £21.7m | — | £24.8m | — |
| Debtors | £27k | £34k | — | £105k | — |
| Deferred income | £2.2m | £2m | — | £1.8m | — |
| Source | Accounts · bulk data Sep 2024 | Accounts · bulk data Sep 2024 | Accounts · bulk data Oct 2026 | FullAccounts · bulk data Sep 2025 | Accounts · bulk data Oct 2026 |
How the business works
- Profit margin
- 16.6%
- Profit ÷ revenue.
- Gross margin
- 84.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Moulsdale Investments Limitedultimate parent75–100%
- Optical Express (Gyle) Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (3)
- Anglia Community Eye Service LimitedRev. £23.3m · Profit £6m
- DCM (Optical Holdings) LimitedRev. — · Profit £4.8m
- Lorena Cosmetics Holdings SPV LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Similar profitable businesses
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Sources
Latest figures from accounts for the year to 27 Dec 2025 (profit £3.2m), from the Companies House accounts bulk data published Oct 2026. Spotted an error? Request a correction.
Updated from Companies House on 15 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.