Pure Optics Ltd

Pure Optics Ltd, based in Milton Keynes, UK, is a small, active company established 17 years ago. With six employees and £529,302 in assets, it operates from a real address and is managed by one director and one owner. The company regularly imports and exports optical and medical tools and devices, with 6 months of import activity and 30 months of export activity recorded.

The company's website showcases a focus on bespoke eyewear, partnering with brands like Polaris and Staffan Preutz Design. It appears to specialize in high-quality rimless eyewear, offering handcrafted designs and even custom lens options. The site also mentions a UK glazing laboratory and distribution services, suggesting a broader range of optical services beyond retail. It’s a very niche business.

Financially, Pure Optics Ltd presents a mixed picture. Accumulated amortisation for intangible assets increased by 15%, while depreciation for property and plant equipment rose by 6%. Bank borrowings remained steady, but cash reserves decreased by 36%. Creditors, however, fell by 24%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of a named auditor is typical for a small, exempt company.

Overall, Pure Optics Ltd appears to be a stable, albeit small, business. The decrease in cash reserves and increase in bank borrowings could be due to investments in inventory or expansion efforts, but it’s worth keeping an eye on. The company’s focus on high-end eyewear and specialized services suggests a strategy of targeting a specific market segment, which could be a good way to thrive despite its size.

Registered in England/Wales under the registration number 06298585, with a registered address at MK1 1NL, England, Milton Keynes, 12 Peverel Drive, Granby Trade Park, Bletchley.

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