First Light Optics Limited

First Light Optics Ltd from Exeter, UK, is a small, holding company with an active status. Founded eighteen years ago in 2006, the company employs seventeen people and holds £1,675,138 in assets. It has a real address, three directors, and one owner, operates an e-commerce site, and enjoys a stellar 5.0 Google rating from seventy-three reviews. The company regularly imports and exports optical and medical tools and devices, with a substantial history of nineteen months of import activity and twenty-one months of export activity.

The company’s website showcases a wide array of telescopes, binoculars, and accessories, catering to astronomy enthusiasts. It sells brands like SkyWatcher, Tele Vue, and Unistellar, and offers everything from beginner telescopes to advanced astrophotography equipment. The site also features a blog with helpful guides and product reviews, reinforcing its position as a trusted source for astronomical gear. It’s clear the company is focused on serving a niche market with high-quality products and expert advice.

Financially, First Light Optics Ltd presents a mixed picture. Current assets decreased by 10% to £1,700,000, while net assets also fell 10% to £1,500,000. Bank borrowings increased by 100% to £29,000, and cash reserves declined by 10% to £310,000. Trade debtors increased by 10% to £32,000, suggesting a potential challenge in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in equity raises questions. With no auditor mentioned, the figures are unaudited.

Overall, First Light Optics Ltd appears to be a well-regarded business in a specialized market. However, the recent financial trends suggest a need for careful management and a focus on maintaining profitability. The company’s strong online presence and loyal customer base offer a solid foundation for future success, but it’s important to address the financial pressures to ensure long-term sustainability.

Registered in England/Wales under the registration number 05892293, with a registered address at EX2 8PY, Exeter, 7 Budlake Units Budlake Road, Marsh Barton Trading Estate.

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