Wolfeyewear Ltd

Wolfeyewear Ltd, based in Ledburn, UK, is a small holding company with an active status, established twelve years ago. Employing eighteen people and holding assets of £1,956,858, the company operates from a real address and is overseen by three directors and one owner. It’s a regular importer and exporter, specializing in optical and medical tools and devices, with 214 months of import activity and 43 months of export activity recorded.

The company's website, Wolf Eyewear, caters to independent opticians, offering a range of eyewear collections for men, women, and children. The site emphasizes British designer eyewear, bold styles, and fun colours, produced to high standards. It also features a blog offering style advice and highlighting the importance of eye health. Wolf Eyewear operates an e-commerce site selling PPE and site supplies, boasting a perfect 5.0 Google rating from eight reviews.

Financially, Wolfeyewear Ltd presents a mixed picture. Bank borrowings have increased significantly by 150%, reaching £480,000, while cash reserves have fallen by 61%, dropping to £190,000. Creditors have risen by 37%, reaching £880,000, and trade debtors have increased by 57%, reaching £1,300,000. Equity has decreased by 6.6%, settling at £1,100,000. Despite these challenges, 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 for flexibility. The decrease in intangible assets, however, is a concern. The company is not audited, so the figures are unaudited.

The surge in borrowings suggests the company may be investing in growth, but the decline in cash reserves and equity warrants closer monitoring. The increase in trade debtors could indicate difficulties in collecting payments, or perhaps a strategic decision to offer more credit to customers. Overall, Wolfeyewear Ltd appears to be navigating a period of change, balancing growth initiatives with financial pressures.

Registered in England/Wales under the registration number 08385462, with a registered address at LU7 0GR, United Kingdom, Ledburn, Bedfordshire, Unit 2 Oakwood Enterprise Park, Rowden Lane.

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