Stow Opticians Limited

Stow Opticians Limited, based in Oxfordshire, UK, is a small, active company founded eight years ago. With £98,707 in assets and a real address at 17 High Street, Woodstock, it’s run by a single director and owner, Kumar Vik. The business has a stellar 5.0 Google rating based on two reviews, and operates as an irregular importer, bringing in optical and medical tools and devices for a couple of months, with the last import occurring in July 2022. The company operates in the retail sale by opticians industries.

The business appears to be a modest operation, meeting the criteria for a small company: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. While it has a website, it doesn's seem to be actively used for e-commerce. The focus appears to be on in-person services.

Financially, Stow Opticians Limited has experienced some volatility. Current assets have decreased by 28%, falling to £99,000. Net assets have also taken a hit, plummeting 290% to £13,000. Bank borrowings have decreased by 36%, and cash reserves have fallen 43% to £47,000. Creditors have decreased significantly, by 30%, suggesting improved debt management. Trade debtors have increased by 35%, which could be a sign of growth, but also a risk if payments aren't collected promptly. The company's small size means it is exempt from an audit, so the financial data is unaudited.

Overall, Stow Opticians Limited is navigating a period of change. While the business maintains a strong reputation and a loyal customer base, the financial data suggests a need for careful management and a focus on sustainable growth. The company's reliance on a single director and owner, Kumar Vik, could also be a point of vulnerability.

Registered in England/Wales under the registration number 10398853, with a registered address at OX20 1TE, United Kingdom, Oxfordshire, 17 High Street, Woodstock.

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