Black & Lizars Limited

Black & Lizars Limited, based in Edinburgh, UK, is a small, active company with a 26-year history. Employing 74 people and holding £3,314,155 in assets, it’s a well-established player in the Scottish optical market. The company, run by two directors and one owner, boasts a respectable 4.0 Google rating from 10 reviews, and regularly imports optical and medical tools and devices—the last operation occurring in October 2024.

The company’s website highlights its heritage as one of Scotland’s oldest opticians, with nine optical practices and hearing care services. It offers a range of specialist services, including Nikon lenses, OrthoK contact lenses, myopia management, and retinal imaging—all geared toward providing high-level eye care. The site also features a section on piano restoration, hinting at a related business venture.

Financially, Black & Lizars shows a mixed picture. While cash bank on hand increased by 12% to £1.8 million, average employee numbers decreased by 15% to 63. Creditors rose by 8% to £830,000, and intangible assets vanished completely, dropping 100% to zero. Despite these challenges, net assets increased by 4% to £4 million, and retained earnings also saw a 4% increase. 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 decrease in employees could indicate restructuring or cost-cutting measures. With no auditor mentioned, the unaudited accounts rely on director-reported data. It's a bit concerning that the company's intangible assets have disappeared, but the increase in net assets suggests a focus on core business operations.

Registered in Scotland under the registration number SC189423, with a registered address at EH4 5BZ, Scotland, Edinburgh, 15-17 Main Street, Davidsons Mains.

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