Thompson Opticians Limited

Thompson Opticians Limited, based in Alnwick, UK, is a small, active company founded 38 years ago. With 31 employees and £270,324 in assets, it’s a well-established business run by two directors and a single owner, who is also the solo founder. The company operates in the retail sale by opticians industries, and is a irregular importer, bringing in optical and medical tools and devices, with its last import operation recorded 2 years ago.

The business’s website is not available for analysis.

Financially, Thompson Opticians Limited shows a mixed picture. Current assets increased by 14% to £270,000, while net assets dropped 67% to just £33,000. Bank borrowings increased by 260% to £120,000, and cash reserves fell 24% to £2,200. Creditors increased by 57% to £280,000, suggesting a need for better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. The company is exempt from audit, so the figures are unaudited.

The company’s financial data indicates a challenging period, with a significant decrease in equity and increased borrowing. It's possible the business is reinvesting heavily in its operations or facing increased costs. However, the rise in creditors suggests a need for careful financial planning.

Registered in England/Wales under the registration number 02112298, with a registered address at NE66 1JU, Alnwick, Northumberland, 6 Clayport Street.

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