Optics Warehouse Limited

Optics Warehouse Ltd from Torquay UK: small company, holding company, active status, founded 17 years ago, 27 employees, £2,793,911 assets, real address, 2 directors, 1 owner, e-commerce site, google rating 5.0 based on 261 reviews. Regular importer of optical and medical tools and devices (307 months imported). Regular exporter of optical and medical tools and devices (37 months exported).

Optics Warehouse Ltd is a small holding company based in Torquay, UK, specializing in the sale of riflescopes and related equipment. Established seventeen years ago, the company employs twenty-seven people and holds assets valued at £2,793,911. It operates a thriving e-commerce site, boasting a perfect 5.0 Google rating from over 260 reviews. The business regularly imports and exports optical and medical tools and devices, with a long history of activity in both areas.

The company's website showcases a vast range of products, from riflescopes and mounts to night vision equipment and accessories. It caters to a diverse customer base, including airgun enthusiasts, hunters, and professionals in fields like surveillance and law enforcement. The site’s extensive product listings and detailed descriptions demonstrate a commitment to providing customers with a comprehensive selection of high-quality optics.

Financially, Optics Warehouse Ltd presents a mixed picture. While the company’s assets remain substantial, several key metrics indicate potential challenges. Accrued liabilities have increased significantly, jumping 360%, and bank borrowings have risen by 110%, suggesting a greater reliance on external financing. However, cash reserves have also grown by 10%, providing some buffer. Creditors have increased by 31%, which could indicate expanding operations, but also potential pressure on working capital. The company’s small size – meeting two of three criteria for a small company – allows for agility, but the rising liabilities are something to watch. There is no auditor mentioned, which is common for small companies.

Overall, Optics Warehouse Ltd appears to be a well-regarded online retailer with a strong reputation and a wide range of products. However, the financial data suggests that the company is navigating some challenges and will need to manage its liabilities carefully to maintain its long-term success.

Registered in England/Wales under the registration number 06364785, with a registered address at TQ2 7TD, England, Torquay, Devon, Riviera House, Nicholson Road.

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