Kingsview Optical Limited

Kingsview Optical Ltd from East Sussex UK is a small, active company founded 31 years ago. With eleven employees and £989,474 in assets, it operates from a real address and is overseen by four directors and one owner. The company regularly imports and exports optical and medical tools and devices, having imported for 48 months and exported for 9 months.

Kingsview Optical is a UK-based precision optics company specializing in custom optical design and manufacture. Since 1996, it has built a reputation for quality, service, and competitive pricing, offering a one-stop solution for custom optics with on-site design, manufacture, coating, and assembly. The company supplies components and assemblies across various industries, including medical, research, aerospace, and defence, and also caters to specialist tool manufacturers. Its website highlights capabilities in optical design, manufacturing, vacuum coating, and assembly, with a focus on custom graticules and optical components.

Financially, Kingsview Optical shows some interesting trends. Accumulated depreciation on plant machinery decreased by 2.9%, and bank borrowings saw a significant drop of 33%, which is good news. However, cash reserves fell by nearly half, dropping to £140,000. Creditors also increased, suggesting a need to manage short-term liabilities. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the financial statements are unaudited. The company’s average number of employees decreased slightly, from 11 to 10.

Overall, Kingsview Optical appears to be a well-established, niche player in the optics industry. While the decrease in cash reserves warrants attention, the company’s long history, diverse capabilities, and focus on custom solutions suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 02826685, with a registered address at TN31 7TE, East Sussex, Harbour Road, Rye.

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