Farmilo Limited

Farmilo Ltd from Leicester UK: a small, active company founded nine years ago, employs nine people, and holds £225,632 in assets. It's a family business with two directors and two owners, operating from a real address. Regular importers of optical and medical tools and devices, they’re bringing in goods for five months now, with the last import operation made in September 2024.

The company operates as an independent optician, with a focus on enhancing vision through advanced technology. Their website highlights the Zeiss i.Profiler Plus, a machine that measures prescriptions with remarkable accuracy, and offers a range of designer frames and Zeiss Drive Safe lenses. They also offer private eye care plans to monitor eye health and catch problems early. The website is very well designed and easy to navigate.

Financially, Farmilo Ltd shows some interesting trends. While bank borrowings decreased by 15%, cash reserves fell by 23% to £89,000. Creditors increased by 13%, and net assets jumped by a whopping 650%, reaching £12,000. 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 flexible, but the decrease in cash reserves could be a cause for concern. The increase in net assets is a positive sign, suggesting improved profitability. No auditor is mentioned, which is typical for small, exempt companies. It’s possible the company is investing in new equipment or marketing to attract more customers, which would explain the decrease in cash reserves.

Registered in England/Wales under the registration number 09975176, with a registered address at LE2 1WQ, England, Leicester, 45 Queens Road.

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