Freedom Eyecare Limited

Freedom Eyecare Limited, based in Marlborough, UK, is a small, active company founded nineteen years ago in 2005. With four employees and £246,352 in assets, it operates from a real address and is overseen by three directors and one owner, Bhatia Roy. The company boasts a stellar 5.0 Google rating from eleven reviews, and is an irregular importer of optical and medical tools and devices, with the last import activity occurring in February 2022.

The company's website, freedomeyecare.co.uk, focuses on providing home visiting opticians, particularly for those who find it difficult to get out. They offer both NHS and private eye tests, delivering and fitting glasses in the comfort of customers’ homes throughout Nottinghamshire and surrounding areas. The site emphasizes convenience and accessibility, catering to a specific niche market. It's a simple, functional website, powered by Weebly and managed by SiteGround.

Financially, Freedom Eyecare Limited presents a mixed picture. While cash bank on hand remained steady at £220,000, net assets declined slightly to £140,000. Creditors decreased by 21%, suggesting improved debt management, but trade debtors increased by 11%. A concerning trend is the reduction in the average number of employees from four to three, a 25% decrease. Fixed assets also saw a 15% reduction. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. As a small company, it’s exempt from an audit, relying on unaudited financial statements.

Overall, Freedom Eyecare Limited seems to be navigating a period of adjustment. While it maintains a strong reputation and a focused service offering, the decrease in employees and slight decline in net assets warrant close monitoring. The company’s ability to sustain its growth and profitability will depend on its continued focus on its niche market and efficient operations.

Registered in England/Wales under the registration number 05542491, with a registered address at SN8 1HN, England, Marlborough, Wiltshire, Jacqueline Burns Opticians, 140 High Street.

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