Matheson Optometrists Ltd

Matheson Optometrists Ltd is a small, holding company based in Darwen, UK, with an active status. Founded 26 years ago in 1999, the company employs ten people and holds £2,706,826 in assets. It operates from a virtual address – 157 companies are registered at the same location – and is overseen by two directors and one owner. The company is an irregular importer, bringing in optical and medical tools and devices, with its last import operation recorded over five years ago in July 2019.

The company’s website showcases a well-established practice offering comprehensive eye and hearing care services from two locations: Alresford and Grayshott. Matheson Optometrists Hearing Care provides eye examinations (including advanced OCT technology), contact lens fittings, and hearing aid services. It also sells a range of designer eyewear brands, like David Beckham and Kate Spade. The website's testimonials highlight the friendly service and quality care provided, with customers praising the fair pricing and expert advice.

Financially, Matheson Optometrists Ltd demonstrates a mixed picture. Cash reserves have seen a substantial increase, jumping 350% to £620,000, which is a positive sign. However, net losses deepened, and bank borrowings surged by 2,400%, reaching £29,000. Trade debtors ballooned by 890%, suggesting delayed customer payments or expanded credit terms, and creditors rose 35% to £34,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The company is holding steady but facing pressures.

Registered in England/Wales under the registration number 03730101, with a registered address at BB3 1AE, England, Darwen, Unit 317 India Mill Business Centre.

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