Altacor Limited

Altacor Ltd, based in Windsor, UK, is a small holding company with an active status, celebrating its 20th anniversary this year. The company holds £6,653,401 in assets and operates from a virtual address, a fact highlighted by the presence of 148 other companies registered at the same location. It’s managed by three directors and owned by two individuals, though the ownership list was changed nine months ago and isn's exhaustive.

Altacor’s business model is somewhat unusual, acting as an irregular importer of optical and medical tools and devices – just one month of imports was recorded back in 2017 – while simultaneously functioning as a regular exporter of pharmaceutical products, with nine months of export activity as of June 2024. The company’s website reveals it’s a specialist ophthalmology company, offering ocular surface disease and ophthalmic surgery products to healthcare professionals and consumers. Its primary focus is the retail of dry eye solutions, with a significant portion of its business dedicated to Clinitas drops and gel, available for order through its website. The website also highlights a division focused on high-end piano restoration, operating under the same "1066" branding.

Financially, Altacor Ltd presents a mixed picture. While current assets increased by a substantial 65% to £6,700,000, equity dropped significantly by 77% to £5,800,000. Bank borrowings are not reported, and cash reserves are not reported. Trade debtors increased by 88%, suggesting potential challenges in collecting payments, while creditors also rose by 12%. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants closer examination. The company’s accounts are unaudited, and no auditor is mentioned.

The company’s unusual import/export balance, coupled with the dual focus on ophthalmology and piano restoration, suggests a complex and perhaps evolving business strategy. Whether this diversification will prove sustainable remains to be seen.

Registered in England/Wales under the registration number 05422117, with a registered address at SL4 1RU, England, Windsor, Berkshire, St Stephens House, Arthur Road.

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