Rae & Rae Opticians Ltd

Rae & Rae Opticians Ltd, based in York, UK, is a small, active company established four years ago. With seven employees and £123,806 in assets, it’s a family-run business led by four directors and a solo founder, Rae Tracey Nicola. The company enjoys a stellar 5.0 Google rating from 188 reviews, a testament to its customer service. It regularly imports optical and medical tools and devices, with recent activity recorded just last February.

The company operates as a retail optician, offering eye tests, designer frames, and contact lens services. Its website highlights a "family affair" and emphasizes personalized service, with a focus on curated frame collections and expert eyewear consultants. The business also offers NHS eye tests and boasts a range of designer eyewear, exclusive to the York location. The site’s design is clean and user-friendly, showcasing a commitment to a modern customer experience.

Financially, Rae & Rae Opticians Ltd presents a mixed picture. While cash bank on hand decreased by 14% to £36,000, creditors dropped by 12% to £120,000, suggesting improved debt management. However, accrued liabilities increased by a significant 180% to £11,000, which could indicate rising operational expenses. Trade debtors have doubled, which is a good sign. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in accrued liabilities warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Rae & Rae Opticians Ltd appears to be a well-regarded local business, but the financial data suggests it’s navigating some challenges—likely a common experience for growing companies.

Registered in England/Wales under the registration number 12719152, with a registered address at YO30 7DN, England, York, 9 Sycamore Terrace, Sycamore Terrace.

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