Enchroma Uk Ltd

Enchroma UK Ltd is a small, active company based in London, UK, founded four years ago in 2020. With £817,372 in assets and a virtual address, it employs five people and is led by a single director, though no owners are officially listed. The company operates an e-commerce site and regularly imports optical and medical tools and devices, with its last import activity recorded six months ago.

The company’s website, EnChroma UK, specializes in colour-blind glasses and lens technology. It offers a range of products, including outdoor, indoor, and prescription glasses, as well as clip-ons and refurbished options. The site emphasizes its innovative technology, offering a colour-blind test and highlighting research showing improvements in colour vision for those with red-green colour blindness. It even has a partnership with a university, demonstrating a commitment to scientific validation.

Financially, Enchroma UK Ltd shows some concerning trends. Accrued liabilities decreased by 25%, while bank overdrafts increased by 87%, suggesting a need for more cash flow management. Amounts owed by group undertakings decreased by 55%, which could be a positive sign of reduced inter-company debt. Creditors increased by 29%, and trade debtors increased by 60%, which may indicate a need to improve collections. Despite these challenges, net assets increased by 14%, and equity increased by 14%, which is a positive sign. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Enchroma UK Ltd appears to be navigating a period of change. While its innovative product and strong online presence are encouraging, the financial data suggests a need for careful monitoring and proactive cash flow management.

Registered in England/Wales under the registration number 12835646, with a registered address at WC2A 2JR, London, London, 7 Bell Yard.

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