International Lens Co. Ltd

International Lens Co Ltd from Rayleigh UK: a small, active company founded 25 years ago, employs 10 people, and holds £760,351 in assets. It operates from a virtual address and is a family business with four directors and two owners. The company runs an e-commerce site and regularly imports and exports optical and medical tools and devices—66 months of imports and 14 months of exports.

The company’s website highlights its role as an optical wholesaler in Southend-on-Sea. It’s a private limited company registered in England and Wales, and operates in the “other business support service activities n.e.c.” industry. The company’s website lists Nossel Philip Leonard and Nossel Sheila Catherine as the owners, with Nossel Bradley, Nossel Philip Leonard, Nossel Sheila Catherine, and Nossel Philip Leonard listed as directors.

Financially, International Lens Co Ltd shows some concerning trends. While turnover remains steady, net assets have fallen by 18%, dropping to £630,000. Cash reserves have also declined by 31%, now at £180,000. Bank borrowings have seen a slight decrease, but the most striking change is the surge in trade creditors, which have increased by 110% to £130,000. This suggests the company is relying more on credit from suppliers. The company’s small size—meeting two of three criteria for being classified as small—helps it remain flexible, but the increase in trade creditors could indicate financial strain. No auditor is mentioned, likely due to the company's exemption as a small entity. The company’s director remuneration has remained constant at £24,000.

Registered in England/Wales under the registration number 03922579, with a registered address at SS6 7EA, Rayleigh, Essex, 44-50 High Street.

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