Gw Optics Ltd

Gw Optics Ltd, based in New Malden, UK, is a small, active company founded eleven years ago in 2013. With just one employee and £37,732 in assets, it's a solo-founder operation led by a single director and owner, Lee Uk Joo. The company boasts a perfect 5.0 Google rating from two reviews and regularly imports optical and medical tools and devices—a consistent pattern over the last 37 months, with the last import recorded in June 2022.

The company operates in the non-specialised wholesale trade industries, with a focus on importing and distributing optical and medical equipment. While no website is available for review, this suggests a business-to-business model rather than direct consumer sales.

Financially, Gw Optics Ltd presents a mixed picture. Current assets have fallen by 42% to £38,000, while net assets have also declined by 31% to £30,000. Cash reserves have dropped 20% to £20,000, and bank borrowings have increased. Interestingly, creditors have significantly decreased by 64%, suggesting improved debt management. The company declared a dividend of £5,000, which is a positive sign. 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 nimble, but the decline in equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Registered in England/Wales under the registration number 08697227, with a registered address at KT3 3ST, New Malden, Surrey, Unit 1 Kingspark Business Centre, Kingston Road.

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