Abbey Optical Ltd

Abbey Optical Ltd is a small, active company based in Loughton, UK, founded just one year ago in June 2023. With £30,867 in assets and a virtual address (registered at an address with 267 other companies), it's a solo-founded operation run by a single director and owner, Lewis Josie. The business operates in the retail sale by opticians industries and is an irregular importer of optical and medical tools and devices, with just one month of import activity recorded as of March 2024.

The company's website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. It's unclear if Abbey Optical Ltd operates an online store or primarily serves customers through other channels.

Financially, Abbey Optical Ltd appears to be in a precarious position. While its current assets remain at £31,000, net assets have plummeted to just £1,900—a significant decline. Cash reserves are also low at £17,000, and the company has a net current liabilities of -£310. Trade debtors are at £12,000, while creditors are at £31,000. The lack of employees (one reported) hints at a lean operation, but the negative equity and low cash balance suggest potential financial strain. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The irregular import activity, combined with the limited financial resources, suggests Abbey Optical Ltd is navigating a challenging market.

Registered in England/Wales under the registration number 14956579, with a registered address at IG10 4LF, England, Loughton, Essex, Honeycombe House, 167-169 High Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.