Farmigea Ophthalmics Limited

Farmigea Ophthalmics Limited is a small, active holding company based in Addlestone, UK. Founded nine years ago in 2015, it holds £805,031 in assets and employs just one person. The company has two directors and two owners, although the list of owners changed a year ago and isn’t exhaustive. It operates from a virtual address, registered at a location shared by thirty-three other companies, which raises some questions.

The company’s core business involves manufacturing medical and dental instruments and supplies, and it’s an irregular importer, with its top import category being essential oils and perfumes, totaling just one month of imports, the last being in 2022. Its website showcases a range of eye care products, including HydraMed and Cellusan, marketed as "naturally better eyecare." The site also features news and events, highlighting Farmigea's participation in industry conferences and its support for Rugby League. It seems to have a professional website with a cart and my account options.

Financially, Farmigea Ophthalmics Limited shows a mixed picture. Cash reserves have decreased by 62% to £21,000, while creditors have fallen by 20% to £780,000. Trade debtors have increased by 11% to £460,000, and equity has improved to -£350,000. The company’s small size—meeting two of three conditions for a small company—helps it remain flexible, but the decline in cash reserves and the negative equity are concerning. It’s an audit exempt company, so the numbers aren’t audited.

Overall, Farmigea Ophthalmics Limited appears to be navigating a challenging financial landscape, despite its active status and niche product offering. Whether it can sustain its operations and capitalize on its market position remains to be seen.

Registered in England/Wales under the registration number 09794537, with a registered address at KT15 2LE, Addlestone, Surrey, Dixcart House Addlestone Road, Bourne Business Park.

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