Visual Eyes (london) Limited

Visual Eyes London Ltd, based in Loughton, UK, is a small, active company founded 23 years ago. It employs just one person and holds £92,570 in assets, operating from a virtual address shared by many other companies. The business is led by two directors and has one owner, and it’s an irregular importer, primarily bringing in optical and medical tools and devices – just two months of imports were recorded, the last in July 2023.

The company’s website, Visual Eyes Opticians, paints a picture of a modern, patient-focused practice. It’s a Stanmore-based opticians offering a wide range of services, from routine eye tests to specialist treatments like OCT retinal imaging and Ortho-K lens assessments. The website highlights a commitment to safety, detailing enhanced cleaning procedures and social distancing measures implemented during the pandemic. It also promotes a range of designer eyewear brands and offers deals like "Buy 1 pair of kids glasses, get the 2nd pair free!" – a clear attempt to attract families. The business even has a dedicated dry eye clinic.

Looking at the financial data, Visual Eyes London Ltd shows some concerning trends. Accrued liabilities increased by 45%, while bank borrowings decreased by 35%, and cash reserves dropped by 33% to £78,000. Perhaps most worrying is the 7% decrease in equity, falling to £62,000. Trade debtors also decreased by 38%, which could mean slower payments from customers. Despite these challenges, the company’s small size—meeting two of three criteria for a small company—allows it to remain flexible. The lack of an auditor mentioned suggests the company is exempt, and the financial statements are unaudited.

Overall, Visual Eyes London Ltd appears to be a well-established local business facing some financial headwinds. While its website showcases a modern, patient-focused practice, the declining equity and cash reserves warrant close monitoring.

Registered in England/Wales under the registration number 04250205, with a registered address at IG10 4LF, England, Loughton, Essex, Honeycombe House, 167-169 High Road.

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