Wilton Optical Ltd

Wilton Optical Ltd, based in Farnham, UK, is a small holding company with an active status, established six years ago. The company employs six people and holds £188,914 in assets. It operates from a real address and is overseen by three directors and one owner. Wilton Optical is an irregular importer, primarily dealing in optical and medical tools and devices, with the last import activity recorded one month ago.

The company’s website reveals a more established business: Wilton Optical Inc., operating since 1980. This business, located in Teaneck, New Jersey, specializes in fashionable and designer eyewear, offering prescription lenses with an onsite laboratory and eye exams through a partnership with Brown Eye Care. The website emphasizes personalized service and a wide selection of frames and contact lenses, catering to both commercial and individual customers. It also highlights a commitment to quality products and competitive pricing, with a clear focus on customer satisfaction.

Financially, Wilton Optical Ltd presents a mixed picture. While current assets increased by 35% to £190,000, equity decreased by 130% to -£7,400. Bank borrowings decreased by 18% to £120,000, and cash reserves plummeted 77% to £7,600. Creditors increased by 39% to £190,000, and trade debtors increased by 110% to £140,000. The company’s small size (meeting two of three conditions for being classified as small) suggests agility, but the significant drop in equity is concerning. The company is exempt from an audit, and the figures are unaudited.

It seems that the UK holding company supports the larger, more established US business. The US operation's long history and focus on customer service provide a strong foundation, while the UK holding company may be managing finances and imports. Whether this arrangement is sustainable remains to be seen, but for now, both entities appear to be operating, albeit with some financial pressures.

Registered in England/Wales under the registration number 11762694, with a registered address at GU9 7PN, England, Farnham, Surrey, Clarendon House, 63 Downing Street.

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