Kad Optical Ltd

Kad Optical Ltd is a small, active company based in London, UK, established six years ago in 2018. With a single employee and £267,366 in assets, it operates from a virtual address shared by 181 other companies, a fact that raises some questions. The business is run by one director and owner, Dhorajiwala Ritesh, and primarily imports optical and medical tools and devices, with recent activity recorded just four months ago. It operates in the retail sale by opticians industries.

The company’s website, Aristone Optical, showcases a long-standing independent opticians business with over 70 years of experience. It offers comprehensive eye care services, including eye examinations, contact lens fittings, and same-day repair and replacement services. The website highlights a wide range of brands, from Tom Ford to Ray-Ban, and emphasizes personalized care and expert advice. It seems like a traditional, customer-focused business, with a strong emphasis on quality and service.

Financially, Kad Optical Ltd presents a mixed picture. While current assets increased by 29% to £270,000, net assets declined by 17% to £110,000. Bank borrowings remained steady at £37,000, but cash reserves decreased slightly to £140,000. Creditors saw a significant jump of 84%, reaching £190,000, which could indicate increased purchasing or delayed payments. Trade debtors also rose considerably, by 56%, suggesting customers are taking longer to settle their bills. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. The company is also using Acorah Software Products for its accounts production.

Overall, Kad Optical Ltd appears to be holding its own, but the increase in creditors and debtors suggests it may be facing some cash flow challenges. The business seems to be reliant on its established reputation and loyal customer base to navigate these pressures.

Registered in England/Wales under the registration number 11612238, with a registered address at W12 8LE, England, London, 32 Woodstock Grove Shepherds Bush.

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