Eyejusters Ltd

Eyejusters Ltd, based in Oxford, UK, is a small, active company founded 14 years ago in 2010. With three employees and £104,498 in assets, it operates from a real address and is led by four directors, though no owners are officially listed. The company runs an e-commerce site and regularly imports and exports optical and medical tools and devices – nineteen months of imports and thirty-nine months of exports recorded. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

The company’s website, eyejusters.com, focuses on selling adjustable reading glasses, positioning them as a solution for those needing multiple pairs. The site highlights free delivery and a 30-day trial, and features testimonials from satisfied customers. It even has a video explaining the product’s versatility. The site also mentions a connection to high-end piano restoration through 1066 Pianos, though the extent of this link isn’s entirely clear.

Financially, Eyejusters Ltd shows some concerning trends. While current assets increased slightly to £100,000, net assets declined sharply to -£27,000. Bank borrowings increased significantly, reaching £29,000, and cash reserves fell to £8,800. Creditors also rose, reaching £130,000. The company’s small size allows it to remain agile, but the drop in equity suggests it’s burning through cash. As a small company, it’s exempt from an audit, so the financial statements aren’t independently verified.

Overall, Eyejusters Ltd appears to be facing financial pressures despite its active import/export operations and a well-designed e-commerce presence. Whether it can sustain its growth and manage its cash flow remains to be seen, and it's a little concerning that there's no mention of an auditor.

Registered in England/Wales under the registration number 07331698, with a registered address at OX2 0LX, England, Oxford, Unit 6 Curtis Industrial Estate, North Hinksey Lane.

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