Sqi Pro Limited

SQI Pro Limited is a small, active company based in Tonbridge, UK, founded five years ago in 2019. With £65,965 in assets and a real address, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site and irregularly imports headgear and accessories, with just one month of import activity recorded as of September 2021.

The website, Focalpoint Optics, positions itself as a trusted retailer of optics and outdoor equipment, boasting a wide range of binoculars, telescopes, tripods, and related accessories. It caters to both astronomy enthusiasts and nature lovers, offering a mix of well-known brands like Celestron and Swarovski alongside its own branded products. The site also features a blog with articles and reviews, reinforcing its expertise in the field.

Financially, SQI Pro Limited is showing some concerning trends. Current assets have decreased by 28% to £66,000, while net assets have fallen by 16% to £29,000. Bank borrowings have increased by a significant amount, reaching £3,600, and cash reserves have declined by 53% to £7,100. Creditors have also risen by 16% to £30,000, suggesting increased short-term debt. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity raises questions about its long-term financial health. No auditor is mentioned, likely due to its small size and exemption from an audit.

While the website appears well-established and offers a diverse product range, the financial data suggests SQI Pro Limited is facing challenges. Whether it can navigate these pressures and maintain its position in the competitive optics market remains to be seen.

Registered in England/Wales under the registration number 12158892, with a registered address at TN11 0HP, England, Tonbridge, Bassetts Oast Maidstone Road, Hadlow.

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