Auerbach & Steele Limited

Auerbach & Steele Ltd from Chelsea UK: a small, active company founded 30 years ago, employs 14 people, and holds £357,360 in assets. With a real address and three directors, it’s a well-established business, boasting a perfect 5.0 Google rating from 86 reviews. The company regularly imports optical and medical tools and devices, with 63 months of import activity recorded.

The company operates as a premium independent optician, with a focus on customer service, innovative technology, and design-led eyewear. The website showcases a multi-story building with dedicated spaces for eye examinations, private consultations, frame fittings, and children's services. It’s clear they’re not just selling glasses; they’re offering a premium experience. The website also features a blog, showcasing their expertise and commitment to eye health.

Financially, Auerbach & Steele Ltd presents a mixed picture. While current assets increased slightly to £370,000, net assets decreased by 3.3% to £240,000. Bank borrowings decreased by 10%, and cash reserves remained stable at £160,000. Creditors increased by 19%, and trade debtors increased by 3.7%. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage cash flow. The accounts are unaudited, as is common for small companies. It seems like the company is doing okay, but it could be better.

Registered in England/Wales under the registration number 03000402, with a registered address at SW3 4PL, United Kingdom, Chelsea, London, 123 Kings Road.

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