Rex Wingate & Partners Limited

Rex Wingate Opticians, based in Chichester, UK, is a small, active company founded seventeen years ago. Employing six people and holding £121,035 in assets, it operates from a virtual address – thirteen companies are registered at the same location, raising a flag. The business is led by one director and two owners, and boasts a perfect 5.0 Google rating from four reviews. Rex Wingate & Partners Ltd regularly imports optical and medical tools and devices, with the latest import occurring three months ago.

The company’s website highlights its services as an optician, with two locations in Park Gate and Havant. Rex Wingate Opticians offers eye exams, lenses, eyewear, and specialized services like colorimetry and OCT scanning for glaucoma and AMD. It also showcases a selection of luxury eyewear brands like Dior and Cartier. The website's design is simple and functional, focusing on booking appointments and highlighting its range of services. It's clear that the business is retail-focused, with an emphasis on providing professional eye care and high-quality products.

Financially, Rex Wingate & Partners Ltd presents a mixed picture. Current assets have decreased by 15%, dropping to £120,000. Equity has also significantly declined by 45%, falling to £54,000. Bank borrowings have increased, reaching £19,000, and cash reserves have plummeted by 58%, leaving just £17,000. Creditors have also increased slightly, reaching £100,000. Despite these challenges, the company's small size (meeting two of three criteria for a small company) allows for flexibility. The lack of an auditor mentioned suggests it’s exempt from an audit as a small company, and the financial statements are unaudited.

Overall, Rex Wingate & Partners Ltd appears to be navigating a period of financial pressure, with declining assets and cash reserves. However, its strong Google rating and focus on specialized eye care services suggest a loyal customer base. Whether it can sustain its current trajectory remains to be seen, but the company’s commitment to quality and service could help it weather the storm.

Registered in England/Wales under the registration number 06542680, with a registered address at PO19 8FX, Chichester, West Sussex, Piper House 4 Dukes Court, Bognor Road.

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