Trulife Optics Limited

TruLife Optics Ltd, based in London, UK, is a small, active company established 27 years ago. With 37 employees and £2,131,407 in assets, it operates from a real address and is overseen by seven directors and one owner. The company regularly imports optical and medical tools and devices—16 months of activity recorded—and exports photographic and cinematographic goods, with a longer history of 98 months.

The company’s website highlights its position as a world-leading developer and manufacturer of holographic optical components for augmented reality (AR) devices. It emphasizes its expertise in areas like curved waveguide mass manufacture, holographic materials, and AR capabilities, partnering with Nitto Denko. The site details a full range of services, from optical design and material selection to mass replication and encapsulation in prescription spectacle lenses. It’s clear that TruLife isn’s just selling components; it’s offering complete solutions for AR system developers. They even have a showroom in Harrods, London.

Financially, TruLife Optics Ltd shows some interesting trends. Cash bank increased by 65% to £940,000, which is good news. However, net assets increased by only 11% to £7.2 million, which suggests that the increase in cash wasn’t matched by a similar increase in other assets. Creditors decreased by 25% to £420,000, which is a positive sign for debt management. Trade debtors, however, have increased dramatically—by 130%—to £1.1 million. This could indicate a period of rapid growth, but it also raises questions about cash flow. 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 it to remain agile. The accounts were audited by Acuity Professional Partnership LLP.

Overall, TruLife Optics Ltd appears to be a financially stable company with a clear focus on a high-growth market. The increase in trade debtors is something to keep an eye on, but the company’s strong position in the AR component space suggests it’s well-positioned for continued success.

Registered in England/Wales under the registration number 03502794, with a registered address at E14 0FR, London, Fitting Shop Building, 79 Trinity Buoy Wharf.

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