Donovan Smith Opticians Limited

Donovan Smith Opticians Ltd from West Yorkshire UK: small company, active status, founded 20 years ago, 14 employees, £410,024 assets, real address, 4 directors, 2 owners, family business, google rating 5.0 based on 261 reviews. Regular importer of optical and medical tools and devices (12 months imported). It’s a well-regarded, family-run opticians serving the Brighouse community for generations, providing expert eye care and a wide range of eyewear. The company operates in the retail sale by opticians industries and has a strong online presence, showcasing its services and brands.

The business is a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company’s website highlights its commitment to advanced eye examinations, myopia management, and personal frame styling, alongside offering a 20% discount on sunglasses with the purchase of optical frames. It also features a range of brands, including Etnia Barcelona, Tom Ford, and Ray-Ban. Customer testimonials praise the thoroughness of the eye tests and the professional service provided by the team.

Financially, Donovan Smith Opticians Ltd shows a mixed picture. Current assets decreased by 21%, falling to £410,000, while bank cash reserves declined by 32%, now sitting at £270,000. Creditors, however, saw a significant drop of 8.4%, suggesting improved debt management. Trade debtors increased by 51%, which could indicate expanded credit terms or delayed customer payments. Equity also decreased by 17%, dropping to £280,000. The company is exempt from an audit as a small business, so the financial data is unaudited. It's clear the business is facing some financial pressures, but the company's strong reputation and loyal customer base should help it navigate these challenges.

Registered in England/Wales under the registration number 05215158, with a registered address at HD6 1JR, West Yorkshire, 7 Bethel Street, Brighouse.

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