Modstyle Eyewear Uk Limited

Modstyle Eyewear Uk Ltd, based in Addlestone, UK, is a small, active company founded two years ago. With a single employee and £150,570 in assets, it operates from a virtual address – a detail worth noting as sixty-four companies are registered at the same location. The business is a family affair, managed by four directors and two owners, and runs an e-commerce site. It’s also a regular importer, bringing in optical and medical tools and devices for the past eighteen months, with the last import occurring in February 2025.

The company’s website showcases a range of eyewear brands, including Avanti, Eclipse, and Kaleyedoscope, sold wholesale to retailers. It emphasizes online ordering, secure shipping, and award-winning customer service. The site also highlights the company’s dedication to quality and fashionable eyewear at affordable prices, featuring iconic Australian brands. It’s clear that Modstyle Eyewear is focused on providing a wide selection of eyewear through its webshop.

Financially, Modstyle Eyewear’s report reveals a mixed picture. While cash bank on hand has increased significantly by 420% to £21,000, current assets have also seen a substantial jump, rising 310% to £150,000. However, net assets have decreased by 130% to -£280,000, and creditors have increased dramatically, surging 150% to £440,000. Trade debtors have also risen by 72% to £38,000. The company’s small size—meeting two of three criteria for being classified as small—helps it maintain agility, but the decrease in equity is a cause for concern. The lack of an auditor mentioned suggests it’s likely exempt due to its size, meaning the financial statements are unaudited. It’s a bit of a strange situation, really, but the company seems to be holding its own.

Registered in England/Wales under the registration number 14218149, with a registered address at KT15 2PS, United Kingdom, Addlestone, Surrey, 238 Station Road.

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