bradford visionplus limited
bradford visionplus limited Company Information
Company Number
02649539
Next Accounts
Nov 2025
Shareholders
bradford specsavers ltd
specsavers uk holdings ltd & bradford specsavers ltd
Group Structure
View All
Industry
Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Website
https://www.specsavers.co.ukbradford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of BRADFORD VISIONPLUS LIMITED at £524.9k based on a Turnover of £1.6m and 0.32x industry multiple (adjusted for size and gross margin).
bradford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of BRADFORD VISIONPLUS LIMITED at £2.4m based on an EBITDA of £799.4k and a 3.02x industry multiple (adjusted for size and gross margin).
bradford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of BRADFORD VISIONPLUS LIMITED at £3.5m based on Net Assets of £1.3m and 2.59x industry multiple (adjusted for liquidity).
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Bradford Visionplus Limited Overview
Bradford Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 02649539. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in September 1991, it's largest shareholder is bradford specsavers ltd with a 99.5% stake. Bradford Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with declining growth in recent years.
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Bradford Visionplus Limited Health Check
Pomanda's financial health check has awarded Bradford Visionplus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs
3 Strong
2 Regular
6 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£9.7m)
- Bradford Visionplus Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (10.3%)
- Bradford Visionplus Limited
10.3% - Industry AVG
Production
with a gross margin of 25.1%, this company has a higher cost of product (41.8%)
- Bradford Visionplus Limited
41.8% - Industry AVG
Profitability
an operating margin of 48.7% make it more profitable than the average company (4.3%)
- Bradford Visionplus Limited
4.3% - Industry AVG
Employees
with 44 employees, this is similar to the industry average (48)
44 - Bradford Visionplus Limited
48 - Industry AVG
Pay Structure
on an average salary of £29k, the company has an equivalent pay structure (£29k)
- Bradford Visionplus Limited
£29k - Industry AVG
Efficiency
resulting in sales per employee of £37.3k, this is less efficient (£155.4k)
- Bradford Visionplus Limited
£155.4k - Industry AVG
Debtor Days
it gets paid by customers after 26 days, this is later than average (14 days)
- Bradford Visionplus Limited
14 days - Industry AVG
Creditor Days
its suppliers are paid after 5 days, this is quicker than average (38 days)
- Bradford Visionplus Limited
38 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Bradford Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (20 weeks)
33 weeks - Bradford Visionplus Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 15.5%, this is a lower level of debt than the average (56.3%)
15.5% - Bradford Visionplus Limited
56.3% - Industry AVG
BRADFORD VISIONPLUS LIMITED financials
Bradford Visionplus Limited's latest turnover from February 2024 is estimated at £1.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Bradford Visionplus Limited has 44 employees and maintains cash reserves of £158.6 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | |||||||||||||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | |||||||||||||||
| Gross Profit | |||||||||||||||
| Admin Expenses | |||||||||||||||
| Operating Profit | |||||||||||||||
| Interest Payable | |||||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | |||||||||||||||
| Tax | |||||||||||||||
| Profit After Tax | |||||||||||||||
| Dividends Paid | |||||||||||||||
| Retained Profit | |||||||||||||||
| Employee Costs | |||||||||||||||
| Number Of Employees | 44 | 51 | 56 | 55 | 48 | 43 | 42 | 46 | 47 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 802 | 662 | 552 | 485 | 369 | 443 | 322 | 142 | 89 | 108 | |||||
| Total Fixed Assets | 802 | 662 | 552 | 485 | 369 | 443 | 322 | 142 | 89 | 108 | |||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 121,236 | 118,114 | 112,311 | 230,446 | 124,797 | 159,493 | 170,432 | 180,856 | 190,761 | 543,540 | 468,270 | 323,093 | 450,318 | 489,405 | 408,529 |
| Group Debtors | 1,248,912 | 800,473 | 277,368 | 1,913,065 | 1,534,803 | 1,088,418 | 1,107,604 | 693,256 | 298,940 | ||||||
| Misc Debtors | 46,026 | 36,544 | 36,757 | 14,280 | 10,422 | 12,218 | 17,964 | 13,210 | 11,684 | ||||||
| Cash | 158,624 | 24,214 | 91,136 | 218,221 | 21,531 | 17,490 | 2,281 | 133,768 | 15,541 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 1,574,798 | 979,345 | 517,572 | 2,376,012 | 1,691,553 | 1,277,619 | 1,298,281 | 1,021,090 | 516,926 | 543,540 | 468,270 | 323,093 | 450,318 | 489,405 | 408,529 |
| total assets | 1,575,600 | 980,007 | 518,124 | 2,376,012 | 1,692,038 | 1,277,988 | 1,298,724 | 1,021,412 | 517,068 | 543,629 | 468,378 | 323,093 | 450,318 | 489,405 | 408,529 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 20,010 | 4,975 | 15,833 | 11,009 | 13,677 | 25,741 | 36,643 | 14,997 | 8,910 | 126,836 | 104,996 | 81,348 | 135,249 | 185,760 | 90,084 |
| Group/Directors Accounts | 6,554 | 59,641 | 64,305 | 4,621 | 120,367 | 53,288 | 2,514 | 704 | 2,659 | ||||||
| other short term finances | 32,564 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 217,179 | 186,709 | 233,285 | 240,449 | 193,122 | 179,213 | 208,463 | 257,052 | 90,147 | ||||||
| total current liabilities | 243,743 | 251,325 | 313,423 | 256,079 | 327,166 | 258,242 | 247,620 | 272,753 | 134,280 | 126,836 | 104,996 | 81,348 | 135,249 | 185,760 | 90,084 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 942 | ||||||||||||||
| total long term liabilities | 942 | ||||||||||||||
| total liabilities | 243,743 | 251,325 | 313,423 | 257,021 | 327,166 | 258,242 | 247,620 | 272,753 | 134,280 | 126,836 | 104,996 | 81,348 | 135,249 | 185,760 | 90,084 |
| net assets | 1,331,857 | 728,682 | 204,701 | 2,118,991 | 1,364,872 | 1,019,746 | 1,051,104 | 748,659 | 382,788 | 416,793 | 363,382 | 241,745 | 315,069 | 303,645 | 318,445 |
| total shareholders funds | 1,331,857 | 728,682 | 204,701 | 2,118,991 | 1,364,872 | 1,019,746 | 1,051,104 | 748,659 | 382,788 | 416,793 | 363,382 | 241,745 | 315,069 | 303,645 | 318,445 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 461,183 | 528,805 | -1,730,803 | 487,284 | 410,009 | -35,945 | 408,799 | 386,117 | -42,102 | 75,251 | 145,285 | -127,225 | -39,087 | 80,876 | 408,529 |
| Creditors | 15,035 | -10,858 | 4,824 | -2,668 | -12,064 | -10,902 | 21,646 | 6,087 | -117,926 | 21,840 | 23,648 | -53,901 | -50,511 | 95,676 | 90,084 |
| Accruals and Deferred Income | 30,470 | -46,576 | -7,164 | 47,327 | 13,909 | -29,250 | -48,589 | 166,905 | 90,147 | ||||||
| Deferred Taxes & Provisions | -942 | 942 | |||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -53,087 | -4,664 | 59,684 | -115,746 | 67,079 | 50,774 | 1,810 | -1,955 | 2,659 | ||||||
| Other Short Term Loans | -32,564 | 32,564 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 134,410 | -66,922 | -127,085 | 196,690 | 4,041 | 15,209 | -131,487 | 118,227 | 15,541 | ||||||
| overdraft | |||||||||||||||
| change in cash | 134,410 | -66,922 | -127,085 | 196,690 | 4,041 | 15,209 | -131,487 | 118,227 | 15,541 |
bradford visionplus limited Credit Report and Business Information
Bradford Visionplus Limited Competitor Analysis
Perform a competitor analysis for bradford visionplus limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in PO15 area or any other competitors across 12 key performance metrics.
bradford visionplus limited Ownership
BRADFORD VISIONPLUS LIMITED group structure
Bradford Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
BRADFORD VISIONPLUS LIMITED
02649539
bradford visionplus limited directors
Bradford Visionplus Limited currently has 5 directors. The longest serving directors include Fahid Kadri (Aug 2021) and Mr John Perkins (Jul 2023).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Fahid Kadri | England | 42 years | Aug 2021 | - | Director |
| Mr John Perkins | Guernsey | 52 years | Jul 2023 | - | Director |
| Ihtasham Khan | England | 32 years | Jul 2023 | - | Director |
| Saddam Hussain | England | 34 years | Jul 2023 | - | Director |
| Mrs Mary Perkins | Guernsey | 81 years | Jul 2023 | - | Director |
P&L
February 2024turnover
1.6m
-6%
operating profit
799.4k
0%
gross margin
25.2%
-0.79%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
1.3m
+0.83%
total assets
1.6m
+0.61%
cash
158.6k
+5.55%
net assets
Total assets minus all liabilities
Similar Companies
bradford visionplus limited company details
company number
02649539
Type
Private limited with Share Capital
industry
47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c
incorporation date
September 1991
age
34
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
bradford visionplus limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to bradford visionplus limited.
bradford visionplus limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for BRADFORD VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
bradford visionplus limited Companies House Filings - See Documents
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