Cambridge Spectacle Co Ltd

Cambridge Spectacle Co. Ltd, based in Birmingham, UK, is a small, active company founded three years ago. With just two employees and £208,153 in assets, it operates from a virtual address – ten companies share this location – and is led by three directors and a solo founder, Ejaz Ahmed. The company’s core business revolves around retail sale by opticians, both online and via mail order.

The company's website showcases a focus on quality eyewear and a commitment to ending preventable blindness. It features a range of spectacles and sunglasses, emphasizing style inspired by creativity and a passion for expert eyecare. The site highlights a team of opticians with over a decade of experience and even mentions collaborations with Harrods. The website clearly aims to create a brand built on expertise and a social mission.

Financially, Cambridge Spectacle Co. Ltd presents a mixed picture. While current assets grew by 7.5% to £210,000, bank cash fell by a significant 59% to £49,000. Trade debtors increased dramatically by 770%, suggesting a possible reliance on customer payments, and deferred tax assets surged by 510%. Borrowings remained steady at £41,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

The sharp decrease in cash reserves, despite growing trade debtors, could indicate a period of increased investment or potentially, a need to manage cash flow more effectively. The company’s focus on a niche market and commitment to social responsibility, however, suggests a strong foundation for long-term success.

Registered in England/Wales under the registration number 13420424, with a registered address at B3 1RB, England, Birmingham, West Midlands, Grosvenor House, 11 St. Pauls Square.

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