Wolds Optical Limited
- Active
- Small
- 29 years
- 11 employees
- £396,557 (cur assets)
- 0-1m
- Regular importer
- Real address
- 3 directors
- 2 owners
- Family business
- Driffield
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Wolds Optical Ltd, based in Driffield, UK, is a small, family-run business with an active status. Established 28 years ago in 1996, it employs 11 people and holds £447,915 in assets. The company operates from a real address and is managed by three directors and two owners. It runs an e-commerce site and regularly imports optical and medical tools and devices, with 13 months of import activity recorded.
Wolds Optical is a supplier of spectacles to independent opticians, offering a wide range of services including surfacing, glazing, and lens packages. They stock their own branded lenses (Odyssey, Pioneer, Inspired) alongside those from major manufacturers like Hoya and Essilor. The company emphasizes its large lens stock, specialist sports frame glazing, and commitment to customer service, positioning itself as a "one-stop shop lab" for independent opticians. They even offer emergency cover and collection/delivery services within a local area.
Financially, Wolds Optical Ltd shows a mixed picture. Current assets increased by 3.6% to £450,000, while net assets jumped 44% to £410,000. Bank borrowings remained steady, and cash reserves increased by 5.6% to £250,000. However, creditors decreased by 11%, and trade debtors also decreased. 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, but the changes in debt management are worth noting. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.
Overall, Wolds Optical Ltd appears to be a stable, well-established business, though a deeper look at the changes in debt management would be useful.
Registered in England/Wales under the registration number 03240084, with a registered address at YO25 9DJ, Driffield, East Yorkshire, 83 Pexton Road Kelleythorpe Industrial Estate.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 10 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- 10 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
-
Individual
- 13 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2025-03-31Download 11 pages pdf report
-
Director's details changed for Mr Steven Mark Hodgson on 2014-01-17Download 2 pages pdf report
-
Director's details changed for Mr Andrew James Hodgson on 2018-07-12Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Wolds Optical Limited
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