Mike Addison Optician Ltd

  • Small
  • Active
  • 13 years
  • 5 employees
  • £144,899 (assets)
  • Real address
  • 1 director
  • 2 owners
  • Irregular importer
  • Family business

Field of Operation

Retail sale by opticians
47782 3963 companies

Social media

Summary

Mike Addison Optician Ltd from Appleby In Westmorland UK: small company, active status, founded 13 years ago, 5 employees, £144,899 assets, real address, 1 director, 2 owners, family business. Irregular importer of optical and medical tools and devices (1 months imported). It's a small, family-run optical practice serving the Eden Valley and beyond, operating from two main locations in Appleby and Kirkby Stephen, plus a satellite clinic in Shap. The company was founded thirteen years ago and employs five people, holding assets of £144,899. It’s a truly independent professional optical company with one director and two owners.

The business focuses on retail sale by opticians, offering eye examinations, contact lens services, and a range of optical products. Their website showcases a wide selection of frame brands, spectacle lenses, and sunglasses, catering to diverse customer needs. They also offer children’s eyecare and emergency services, and have started offering hearing care. The website gives a good impression of a relaxed, professional ambience, with a friendly team.

Financially, Mike Addison Optician Ltd shows some concerning trends. While current assets have increased by 39% to £140,000, net assets have jumped 130% to £73,000. Bank borrowings have decreased by 16% to £78,000, and cash reserves have increased by a whopping 330% to £46,000. Creditors have also decreased by 16% to £78,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant increase in net assets suggests a need to manage cash flow carefully. There's no auditor mentioned, which is likely due to its status as a small company.

Registered in England/Wales under the registration number 07900638, with a registered address at CA16 6XN, Appleby In Westmorland, The Shire Hall, The Sands.

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

Owners & PSC

  • 8 years
  • 25%+
  • 9 years
  • 50%+

Managers

Optician

Last reports

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Last news

  1. Confirmation statement made on 2025-01-29 with no updates
  2. Change of details for Mrs Marie Emily Addison as a person with significant control on 2025-01-21
  3. Notification of Marie Emily Addison as a person with significant control on 2017-01-31
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