Unger & Fagan (marylebone) Ltd

Unger & Fagan Marylebone Ltd, a small company based in London, UK, has been active for a decade. Founded in 2014, it employs just two people and holds £159,173 in assets. With a real address and a single director and owner – a solo founder – the company enjoys a stellar 5.0 Google rating based on 35 reviews. They regularly import optical and medical tools and devices, with eight months of import activity recorded.

The company operates as an independent optician, offering a personalised and unhurried experience for clients. They hand-select their eyewear and lenses, and their expertise extends to eye conditions, utilising advanced technology like Optical Coherence Tomography (OCT). Many of their clients are medical professionals, drawn to their expert eyecare. Their website showcases a range of glasses and contact lenses, alongside information about eye conditions and services.

Financially, Unger & Fagan Marylebone Ltd shows a mixed picture. Current assets have increased by 29% to £160,000, while net assets have improved significantly, decreasing by 46% to -£62,000. Bank borrowings have decreased by 13% to £110,000, and cash reserves have increased by 620% to £14,000. Creditors have decreased by 120% to £50,000. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it's exempt from an audit, so the financial information is unaudited.

Despite the improvements, the negative equity suggests the company may be reinvesting heavily in its business, or facing challenges in maintaining profitability. The solo founder's dedication and the positive customer reviews suggest a strong foundation, but continued financial monitoring will be crucial for long-term success.

Registered in England/Wales under the registration number 09065090, with a registered address at W1U 3QU, England, London, 4 George Street, Marylebone.

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