Optrical Limited

Optrical Limited, based in Rotherham, UK, is a small, active company founded eight years ago. Employing six people and holding £108,414 in assets, it’s a compact operation managed by a single director and owner. The company’s status is active, and it operates from a real address shared by two other businesses. Optrical is an irregular importer, primarily dealing in organic chemicals, with recent import activity recorded just two months ago.

The company’s website, while minimal, reveals a focus on manufacturing optical precision instruments. It's a niche market, and the company seems to be targeting specialized industries. There's no indication of e-commerce or direct-to-consumer sales.

Financially, Optrical Limited presents a mixed picture. Current assets have fallen significantly, dropping 72% to £110,000. Net assets have also taken a hit, decreasing 52% to £310,000. Bank borrowings have increased by 3.3%, reaching £880,000, while cash reserves have plummeted 82%, leaving just £49,000. On a brighter note, creditors have decreased by 54%, suggesting improved debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s financial data is unaudited, as it’s exempt from an audit.

The sharp decline in cash reserves and net assets is concerning, although it could be due to investments in equipment or raw materials. The increase in bank borrowings suggests the company may be relying on external financing to sustain operations. The lack of employees reported is unusual, and it's possible the director is handling most tasks personally. Suyal Navin is both the director and owner, and the director list was changed just one month ago.

Registered in England/Wales under the registration number 10306921, with a registered address at S11 9PS, Sheffield, Frp Advisory Trading Ltd The Manor House, 260 Ecclesall Road South.

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