Norma Davies Opticians Limited

Norma Davies Opticians Limited is a small, active company based in Swansea, UK, holding company founded 14 years ago in 9/24/2010. It employs 14 people and has £517,728 in assets. The business operates from a real address and is led by two directors and one owner. It’s a regular importer, specializing in optical and medical tools and devices, with 16 months of import activity recorded.

The company’s website highlights its status as a family-run, independent practice established in 1975. It has three locations: Carmarthen, Morriston, and Llandysul. The website emphasizes personalized service, advanced technology (including retinal scans), and a curated selection of eyewear from international brands. It's clear they're aiming for a premium experience, not just a quick eye test.

Financially, Norma Davies Opticians Limited shows a mixed picture. Current assets increased slightly by 1%, reaching £520,000, while net assets grew by 4.1% to £210,000. However, bank borrowings increased significantly, rising by 2,400% to £29,000, and cash reserves decreased by 3.2% to £340,000. Creditors also decreased by 13%, suggesting better debt management. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible, but the increase in bank borrowings is something to keep an eye on. No auditor is mentioned, which is typical for a small company.

Overall, Norma Davies Opticians Limited seems to be holding its own, benefiting from its reputation for quality service and a curated eyewear selection. However, the increased borrowing suggests it may be investing in growth or facing some financial pressures—something to monitor in the coming years.

Registered in England/Wales under the registration number 07387545, with a registered address at SA6 6AB, Swansea, West Glamorgan, 6 Pentrepoeth Road, Morriston.

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