I2i Optometrists Glasgow Ltd

I2i Optometrists Glasgow Ltd, based in Glasgow, UK, is a large, active family business established twelve years ago. With forty employees and £7,956,118 in assets, it’s a significant player in the local optical market. The company, led by a single director and two owners, has a real address and maintains a strong online presence, boasting a 4.0 Google rating from 52 reviews. It regularly imports and exports optical and medical tools and devices, with 108 months of import activity and 93 months of export activity recorded, the latest in January 2025.

The company’s website highlights its commitment to providing quality eyewear and expert optical services. With three branches across Glasgow—Howard Street, Argyle Street, and Crown Street—I2i Optometrists caters to a wide range of customers, offering everything from routine eye tests to high-end designer frames like Chanel and Tom Ford. The Howard Street location, in particular, showcases an impressive selection of over 5000 frames. The website also prominently features Lindberg eyewear, emphasizing its Danish design and innovation.

Financially, I2i Optometrists Glasgow Ltd shows a mixed picture. Current assets increased by 20% to £8,000,000, while net assets rose 34% to £6,600,000. However, bank borrowings increased by 2,400% to £9,000, and cash reserves decreased by 24% to £960,000. Creditors decreased by 18%, suggesting improved debt management. The company meets the criteria for a large company, having turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The accounts were audited by O'Haras Accountants Limited.

The surge in bank borrowings, despite the increase in assets, warrants closer attention. It suggests the company may be investing in growth—perhaps expanding its branch network or stocking more inventory—but could also indicate increased operating costs. The decrease in cash reserves, while not alarming, highlights the need for careful financial planning. Overall, I2i Optometrists Glasgow Ltd appears to be a thriving business, but it's important to monitor its financial trends closely.

Registered in Scotland under the registration number SC430456, with a registered address at G1 4HF, Glasgow, 153 Howard Street.

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