Ottica Limited

Ottica Limited is a small, active company based in London, UK, founded eight years ago in 2017. It operates as an e-commerce site, selling eyewear and accessories, and holds £100 in assets. The company has a single director, Eldad Rothman, and no owners are reported, likely one of them is in the directors list. The registered address, while seemingly virtual with thirty-one other companies registered there, is located at 5.2 Central House, 1 Ballards Lane, N3 1LQ.

The company’s website, Ottica Tullino, showcases a wide selection of sunglasses and eyeglasses from various brands, catering to both men and women. It offers free shipping and returns, and a 10% discount with the code WELCOME10. The site supports multiple currencies and languages, and lists a comprehensive list of countries it ships to. The site also highlights its commitment to customer service, with contact information readily available.

Financially, Ottica Limited’s recent report paints a mixed picture. Cash bank on hand has fallen by 58% to £100, while current assets have also decreased by 58% to £100. Bank borrowings have surged by a staggering 2,400% to £29,000, and net current assets have plummeted to -£99. Equity remains steady at £1, but creditors have decreased by 58% to £99. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp drop in cash and the increase in borrowing raise concerns. No auditor is mentioned, likely due to its small size and exemption from audit. The immediate and ultimate parent company is Optimax Investments Ltd, registered in Israel.

Overall, Ottica Limited appears to be navigating a challenging financial landscape, relying on its e-commerce platform and diverse product selection to generate revenue—though it's clear that managing its cash flow will be crucial for its continued success.

Registered in England/Wales under the registration number 10548653, with a registered address at N3 1LQ, United Kingdom, London, 5.2 Central House 1 Ballards Lane.

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