Pritchard-cowburn Limited

Pritchard Cowburn Limited, based in Darwen, UK, is a small, holding company with an active status. Established 22 years ago in 2002, the business employs 14 people and holds £294,355 in assets. It operates from a virtual address – with 36 companies registered at the same location – and is managed by four directors and three owners. The company runs an e-commerce site and imports optical and medical tools and devices, though irregularly, with the last import activity recorded one month ago.

The company’s website, Pritchard Cowburn Opticians, showcases a professional, independent eyecare service with locations in Cardigan and Narberth, West Wales. They’ve been serving the community for over 60 years, investing in modern equipment like OCT retinal scanners and offering services ranging from standard eye tests to contact lens examinations. The website highlights a focus on high-quality care, dispensing opticians, and Essilor Visioffice digital fitting systems for accurate lens measurements. They even offer a Visiplan scheme for affordable eyecare.

Financially, Pritchard Cowburn Limited’s recent report shows some interesting trends. While cash reserves increased by a healthy 68% to £86,000, net assets also rose by 42% to £140,000. However, trade debtors increased by 15%, suggesting a potential delay in customer payments. Bank borrowings also increased, though not dramatically. The company meets the criteria for a small business – turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees – and, as such, hasn't been subject to an audit. The increase in bank borrowings, while not alarming, could indicate a need for additional working capital to support the business's operations. It's possible that the company is investing in new equipment or expanding its services, which would explain the increased borrowing.

Registered in England/Wales under the registration number 04497570, with a registered address at BB3 1AE, England, Darwen, Lancashire, Unit 317 India Mill Business Centre.

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