Norville (20/20) Limited

Norville 20 20 Ltd from Bath UK is a large company, holding company, and is currently active. Founded four years ago in July 2020, it employs 105 people and operates from a virtual address, a point of concern. The company has two directors and one owner, and boasts a perfect 5.0 Google rating from a single review. It regularly imports and exports optical and medical tools and devices, with 266 months of import activity and 65 months of export activity.

The company's website reveals a diverse range of services and products. Beyond its core business of designing, producing, selling, marketing, and distributing optical corrective lenses, lens mounting, frames, and associated accessories, Norville 20 20 Ltd offers a wide array of services including prescriptions, lens brands, frame and lens packages, practice equipment, low vision aids, and even specialized services like EnChroma CVD lens tinting. The site also features a catalog, price lists, and a message us section, indicating a customer-focused approach. It even has a section for credit account applications.

Financially, Norville 20 20 Ltd presents a mixed picture. While some areas show improvement, others raise questions. Accrued liabilities decreased significantly, falling 70%, but computer software amortization increased by a substantial 96%. Property, plant, and equipment also saw a decline, dropping 5.6%. However, bank borrowings increased by 16%, and cash reserves decreased by 52%. Director remuneration has been cut by 63%, which could be a cost-saving measure or a reflection of changing business needs. The company's turnover is estimated to be over £36 million, and the balance sheet total is over £18 million, confirming its large company status. Despite these figures, the company is still losing money, with net losses at -£2.3 million. The company's auditor is Sumer Auditco Limited.

Overall, Norville 20 20 Ltd appears to be a well-established company with a broad product offering and a strong online presence. However, the financial data suggests that it’s facing some challenges, and it’s important to monitor its performance closely.

Registered in England/Wales under the registration number 12734351, with a registered address at BA1 3AU, United Kingdom, Bath, Somerset, 7-10 Kelso Place.

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