Oakhill Optical Limited

Oakhill Optical Ltd, based in Dudley, UK, is a small, active company established ten years ago. Employing ten people and holding £197,409 in assets, it operates from a real address and is managed by three directors and one owner, boasting a stellar 5.0 Google rating from two reviews. The company regularly imports optical and medical tools and devices, with its last import operation occurring in August 2024.

The company's website highlights its expertise in creating high-quality optical lenses, emphasizing over 40 years of industry experience and strong customer relationships. It offers both a fast, competitively priced service and a web ordering system allowing customers to remote edge their own lenses, which are then processed by a Nidek robotic system. The site also provides contact information, including a phone number and email address, and even a form to submit inquiries.

Financially, Oakhill Optical Ltd presents a mixed picture. Current assets decreased by 4.9% to £200,000, while net assets fell 9.7% to £240,000. Bank borrowings remained stable, and cash reserves were unchanged at £62,000. Trade debtors decreased by 7.4%, suggesting improved collection efforts, but provisions for liabilities increased by 88%, which could indicate potential future obligations. The company’s small size—meeting two of three conditions for being classified as small—helps maintain agility, but the decline in equity warrants further observation. As a small company, it’s likely exempt from an audit, so the financial data is unaudited.

Overall, Oakhill Optical Ltd appears to be a stable, albeit modestly sized, business. While the financial trends suggest some pressures, its long-standing industry experience and focus on quality position it well for continued success.

Registered in England/Wales under the registration number 09562117, with a registered address at DY1 2AW, England, Dudley, West Midlands, "The Old Doctor's House", 74 Grange Road.

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