Maltings Eye Care Limited

Maltings Eye Care Limited, based in St Albans, UK, is a small, active company established fifteen years ago. With six employees and £128,628 in assets, it’s a family-run opticians boasting a stellar 5.0 Google rating from seventeen reviews. The company operates in the human health activities industries and is a irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity occurring one month ago. It has three directors and one owner, Abrahams David Philip.

The company's website highlights a focus on personal, caring, and professional service, emphasizing its independent status and commitment to quality. It offers a range of services including eye tests, contact lens fittings, and retinal imaging, alongside a selection of frames sourced from fashion capitals like Milan, Barcelona, and Paris. The website also promotes advanced lens technologies and myopia management solutions. It's clear that Maltings Eye Care is positioning itself as a provider of comprehensive eye care, combining traditional optometry with cutting-edge technology.

Financially, Maltings Eye Care shows a mixed picture. While cash reserves increased by a respectable 25% to £58,000, current assets remained relatively flat at £130,000. Debtors decreased significantly by 26% to £25,000, which is a positive sign of improved cash flow management. However, creditors increased by 20% to £44,000, and accumulated depreciation for property, plant, and equipment grew by 13%, indicating increased wear and tear on assets. The company's small size (meeting two of three criteria for a small company) allows for agility, but the slight decrease in equity (-13%) suggests a need to monitor profitability. The accounts are unaudited, a common exemption for small companies. It’s a little concerning that the company’s retained earnings and accumulated losses are down, but the strong customer reviews and focus on quality suggest a solid foundation for future growth.

Registered in England/Wales under the registration number 06923737, with a registered address at AL1 3HL, St Albans, Herts, 9 The Maltings.

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