Parker & Hammond Eyecare Ltd

Parker & Hammond Eyecare Ltd, based in Altrincham, UK, is a small, active company founded seventeen years ago in 2007. With fifteen employees and £155,653 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in optical and medical tools and devices, with its last import operation recorded one month ago in November 2023.

The company's website showcases a comprehensive eye care service, operating two practices in Harrow and Northwood. They offer a wide range of services, from routine eye examinations and technology-driven vision testing to specialist treatments like Ortho-K and light therapy for dry AMD. Spectacle frames and lenses are a key offering, with a selection of premium brands like Lindberg, Mykita, and Tom Ford. Contact lens services are also prominent, catering to children and those seeking overnight vision correction. The website also highlights a commitment to clinical excellence, with a team of specialist optometrists and a focus on providing comprehensive care.

Financially, Parker & Hammond Eyecare Ltd presents a mixed picture. Accrued liabilities have increased by 53%, while the company’s bank borrowings have completely vanished, dropping 100%. Cash reserves have grown by 19%, reaching £26,000. However, creditors have surged by a significant 330%, reaching £610,000—a substantial increase. Net assets have also increased by 18%, reaching £350,000. The company’s small size, meeting two of three criteria for a small business (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), allows for flexibility. The increase in creditors suggests a need to manage debt, but the growth in net assets indicates overall financial health. No auditor is mentioned, which is typical for small, exempt companies.

Overall, Parker & Hammond Eyecare Ltd appears to be a stable, albeit growing, business. The expansion of services and the premium brands offered suggest a focus on quality and customer satisfaction. The financial trends indicate a period of growth and investment, but also a need to carefully manage debt.

Registered in England/Wales under the registration number 06312063, with a registered address at WA14 5NQ, England, Altrincham, C/O Emmerson Accountancy Limited Atlantic Business Centre, Atlantic Street.

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