Hyndsight Opticians Ltd.

Hyndsight Opticians Ltd, based in Glasgow, UK, is a small, active company established thirteen years ago. With seven employees and £86,164 in assets, it operates from a real address and is managed by two directors, though no owners are officially listed. The company boasts a perfect 5.0 Google rating based on thirteen reviews and functions as an irregular importer, primarily dealing with optical and medical tools and devices, with the last import occurring in August 2024. It operates within the retail sale by opticians industries.

The company's website, while not providing extensive details, confirms its focus on optician services. It’s not apparent if the company has an ecommerce presence, but the focus is clearly on providing optical services.

Financially, Hyndsight Opticians Ltd presents a mixed picture. While current assets increased by 20% to £86,000, equity plummeted 91% to just £1,300—a significant drop. Bank borrowings decreased by 24%, reaching £19,000, and cash reserves rose 7.5% to £27,000. Creditors increased by 58%, suggesting a potential reliance on short-term financing. Trade debtors also doubled, indicating a possible shift in payment terms or increased sales volume. 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 sharp decline in equity warrants closer scrutiny. As a small company, it’s exempt from an audit, so the figures are unaudited.

The company's irregular import activity suggests a focused sourcing strategy, and the high Google rating indicates strong customer satisfaction. However, the financial data reveals a company potentially burning through cash, despite increased sales. Whether this is a temporary phase or a longer-term challenge remains to be seen, but Hyndsight Opticians Ltd will need to carefully manage its finances to sustain its operations and maintain its reputation.

Registered in Scotland under the registration number SC401173, with a registered address at G12 9JA, Glasgow, Hyndsight Opticians 131 Hyndland Road, Hyndland.

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