Masons Avenue Optics Limited

Masons Avenue Optics Ltd, based in London, UK, is a small, holding company with an active status. Founded six years ago in December 2018, it employs ten people and holds £348,053 in assets. The company boasts a perfect 5.0 Google rating from thirty reviews and has a real registered address with two directors and one owner. It's a regular importer of optical and medical tools and devices, with eleven months of import activity recorded, the latest in December 2024.

The company operates as an optician, offering a range of services including eye exams, dispensing, and orthokeratology. Its website highlights a focus on premium brands like Lindberg and emphasizes a partner card scheme for loyal customers. It also appears to have a group of opticians, with a sister practice called St Swithins Opticians. The site offers online appointment booking and a blog, and uses cookies to analyse website traffic. It's clear that the company is focused on providing a high-quality service and building a strong online presence.

Financially, Masons Avenue Optics Ltd shows a mixed picture. While current assets increased by 45% to £350,000, net assets rose by 27% to £55,000. However, bank borrowings increased significantly by 240%, reaching £18,000, and cash reserves plummeted 93% to just £2,200. Trade debtors also increased dramatically, by 130%, reaching £240,000. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a mentioned auditor is typical for a small company and means the figures are unaudited.

The increase in borrowings and decrease in cash reserves suggest the company may be burning through money, perhaps due to investments in inventory or marketing. However, the increase in trade debtors could indicate strong sales growth. The company’s small size allows for flexibility, but the financial pressures need to be monitored closely.

Registered in England/Wales under the registration number 11721520, with a registered address at EC2V 5HR, United Kingdom, London, 11 Mason's Avenue.

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