Buchanan Optometrists Ltd

Buchanan Optometrists Ltd, based in Dover, UK, is a small, active family business established 16 years ago. With six employees and £387,705 in assets, it operates from a virtual address, registered at a location shared by 24 other companies. Two directors and two owners manage the practice, which boasts a perfect 5.0 Google rating from 108 reviews. The company regularly imports optical and medical tools and devices, with recent activity recorded just three months ago.

The company’s website showcases a wide range of services, from standard eye examinations and myopia management to specialist treatments for dry eyes and sports vision. It's clear they aren't just a standard optician; they offer advanced technology like Heidelberg Spectralis 4D OCT eye scans and even bespoke frame design. They have a dedicated audiology center, and the website highlights numerous awards, including being crowned Independent and Technology Practice of the Year. It's clear Buchanan Optometrists is positioning itself as a premium provider, attracting celebrity clients and emphasizing expert care.

Financially, Buchanan Optometrists Ltd shows a mixed picture. While cash reserves remained stable at £110,000, current assets decreased by 3% to £390,000. Bank borrowings saw a significant drop of 50%, falling to £10,000, and creditors decreased by 21% to £52,000. Debtor levels, however, increased by 5% to £210,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is expected given its size, and the figures are unaudited.

The decrease in assets, while not alarming, suggests a need for careful management. The company’s focus on high-end services and technology, combined with its strong reputation, should help sustain its position, but monitoring these financial trends will be important going forward.

Registered in England/Wales under the registration number 06665407, with a registered address at CT16 1BL, Dover, Kent, Charlton House, Dour Street.

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