Mayfair Vision Limited

Mayfair Vision Ltd, based in London, UK, is a small, active company founded thirteen years ago. Employing fifteen people and holding assets of £255,985, it operates from a real address and is overseen by two directors and one owner. Boasting a perfect 5.0 Google rating from three reviews, the company is a regular importer of optical and medical tools and devices, with 37 months of import activity recorded, the latest in October 2024.

The company’s website showcases a wholesale business specializing in optical solutions for opticians across the UK. It offers a wide range of products, including prescription safety glasses, sports glasses, lenses (transitions, progressive, occupational, tinted), and frames from various brands like GLBL Eyewear. The site also features a partner portal for ordering stock finished lenses and highlights its history, starting as a small glazing lab and evolving into a supplier of innovative optical solutions. It even has a history section detailing its growth, including investments in robotic edgers, surfacing labs, and partnerships.

Financially, Mayfair Vision Ltd presents a mixed picture. Current assets grew by 8.3% to £260,000, while bank borrowings decreased by 24% to £16,000. However, cash reserves plummeted 94% to a mere £2,200—a significant drop. Trade debtors increased substantially by 45%, suggesting potential delays in customer payments. Equity grew by 13% to £480,000. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s likely exempt from an audit, so the figures are unaudited.

The sharp decline in cash reserves is a point of concern, suggesting the company may be burning through money faster than it’s bringing it in. However, the growth in equity and assets indicates a potentially healthy underlying business, and the company’s focus on innovative optical solutions and strong partnerships could position it for future success.

Registered in England/Wales under the registration number 07993684, with a registered address at NW2 7GD, England, London, Unit 3 Streakes Field Road.

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