The Spectacle Factory Limited

The Spectacle Factory Ltd, based in Wigan, UK, is a small, active company established 29 years ago. With seven employees and £352,162 in assets, it operates from a virtual address, managed by a solo founder who also serves as director and owner. Boasting a stellar 5.0 Google rating from 315 reviews, the company is a regular importer of optical and medical tools and devices, with 30 months of import activity recorded.

The company's website showcases a unique approach to eyewear retail. It's not just an online store; it's an experience. The site highlights a "virtual tour" of their physical store, emphasizing high-quality frames sourced globally, with a particular focus on Cartier specialist services. They offer bespoke Cartier eyewear creation, alongside a blog and vlog featuring expert advice and industry news. The website also promotes VIP service, personal consultations, and even offers guidance for customers located far away.

Financially, The Spectacle Factory Ltd presents a mixed picture. Current assets have decreased by 21% to £350,000, while net assets have fallen by 1.4% to £750,000. Bank borrowings have dramatically increased by 53%, reaching £29,000, and cash reserves have declined by 6% to £330,000. Creditors, however, have decreased by 9.1%, suggesting improved debt management. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the decrease in assets warrants attention. The company’s accounts are unaudited, a common practice for small entities.

Overall, The Spectacle Factory Ltd seems to be navigating a period of change. While its online presence and customer reviews are impressive, the financial data suggests some challenges. It’s clear the company is focused on delivering a premium eyewear experience, but maintaining financial stability will be key to its long-term success.

Registered in England/Wales under the registration number 03175425, with a registered address at WN4 0NA, England, Wigan, The Office, Moor Lane Farm, Downall Green Road, Ashton-In-Makerfield.

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