vision composite solutions ltd
vision composite solutions ltd Company Information
Company Number
02671904
Next Accounts
Dec 2025
Directors
Shareholders
hunter logic ltd
cs1 gurnard ltd
Group Structure
View All
Industry
Building of ships and floating structures
Registered Address
craftwork studios 1-3, dufferin street, london, EC1Y 8NA
Website
www.visionyachts.co.ukvision composite solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VISION COMPOSITE SOLUTIONS LTD at £1.7m based on a Turnover of £2m and 0.83x industry multiple (adjusted for size and gross margin).
vision composite solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VISION COMPOSITE SOLUTIONS LTD at £0 based on an EBITDA of £-265.9k and a 6.38x industry multiple (adjusted for size and gross margin).
vision composite solutions ltd Estimated Valuation
Pomanda estimates the enterprise value of VISION COMPOSITE SOLUTIONS LTD at £0 based on Net Assets of £-201.1k and 2.66x industry multiple (adjusted for liquidity).
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Vision Composite Solutions Ltd Overview
Vision Composite Solutions Ltd is a live company located in london, EC1Y 8NA with a Companies House number of 02671904. It operates in the building of ships and floating structures sector, SIC Code 30110. Founded in December 1991, it's largest shareholder is hunter logic ltd with a 80.3% stake. Vision Composite Solutions Ltd is a mature, small sized company, Pomanda has estimated its turnover at £2m with declining growth in recent years.
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Vision Composite Solutions Ltd Health Check
Pomanda's financial health check has awarded Vision Composite Solutions Ltd a 3 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 £2m, make it smaller than the average company (£22.7m)
- Vision Composite Solutions Ltd
£22.7m - Industry AVG
Growth
3 year (CAGR) sales growth of -22%, show it is growing at a slower rate (9.6%)
- Vision Composite Solutions Ltd
9.6% - Industry AVG
Production
with a gross margin of 19.2%, this company has a comparable cost of product (19.2%)
- Vision Composite Solutions Ltd
19.2% - Industry AVG
Profitability
an operating margin of -13.5% make it less profitable than the average company (6.5%)
- Vision Composite Solutions Ltd
6.5% - Industry AVG
Employees
with 15 employees, this is below the industry average (116)
15 - Vision Composite Solutions Ltd
116 - Industry AVG
Pay Structure
on an average salary of £51.6k, the company has an equivalent pay structure (£51.6k)
- Vision Composite Solutions Ltd
£51.6k - Industry AVG
Efficiency
resulting in sales per employee of £133.3k, this is less efficient (£192.4k)
- Vision Composite Solutions Ltd
£192.4k - Industry AVG
Debtor Days
it gets paid by customers after 13 days, this is earlier than average (34 days)
- Vision Composite Solutions Ltd
34 days - Industry AVG
Creditor Days
its suppliers are paid after 45 days, this is slower than average (29 days)
- Vision Composite Solutions Ltd
29 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Vision Composite Solutions Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 19 weeks, this is more cash available to meet short term requirements (7 weeks)
19 weeks - Vision Composite Solutions Ltd
7 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 226%, this is a higher level of debt than the average (65.5%)
226% - Vision Composite Solutions Ltd
65.5% - Industry AVG
VISION COMPOSITE SOLUTIONS LTD financials
Vision Composite Solutions Ltd's latest turnover from March 2024 is estimated at £2 million and the company has net assets of -£201.1 thousand. According to their latest financial statements, Vision Composite Solutions Ltd has 15 employees and maintains cash reserves of £76.2 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 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 | 15 | 19 | 24 | 42 | 33 | ||||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 8,897 | 11,942 | 6,159 | 700 | |||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 8,897 | 11,942 | 6,159 | 700 | |||||||||||
| Stock & work in progress | 79,000 | 75,000 | 15,000 | 10,000 | 10,000 | 5,000 | 5,000 | 5,000 | 5,000 | 3,000 | |||||
| Trade Debtors | 74,551 | 174,750 | 230,305 | 723,428 | 235,786 | 333,835 | 381,074 | 518,557 | 475,442 | 338,496 | 163,332 | 94,864 | 50,002 | 29,067 | 41,649 |
| Group Debtors | |||||||||||||||
| Misc Debtors | |||||||||||||||
| Cash | 76,165 | 144,213 | 242,195 | 86,277 | 26,069 | 109,941 | 82,727 | 54,509 | 47,574 | 19,374 | 52,672 | 113,216 | |||
| misc current assets | |||||||||||||||
| total current assets | 150,716 | 318,963 | 472,500 | 888,705 | 336,855 | 333,835 | 506,015 | 518,557 | 485,442 | 431,223 | 222,841 | 147,438 | 74,376 | 86,739 | 157,865 |
| total assets | 159,613 | 330,905 | 478,659 | 889,405 | 336,855 | 333,835 | 506,015 | 518,557 | 485,442 | 431,223 | 222,841 | 147,438 | 74,376 | 86,739 | 157,865 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 200,366 | 146,614 | 169,803 | 215,194 | 265,964 | 61,462 | 237,497 | 283,570 | 171,465 | 122,691 | 95,011 | 128,083 | 13,303 | 27,017 | 37,638 |
| Group/Directors Accounts | |||||||||||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | |||||||||||||||
| total current liabilities | 200,366 | 146,614 | 169,803 | 215,194 | 265,964 | 61,462 | 237,497 | 283,570 | 171,465 | 122,691 | 95,011 | 128,083 | 13,303 | 27,017 | 37,638 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | 160,342 | 121,730 | 172,743 | 189,989 | |||||||||||
| provisions | |||||||||||||||
| total long term liabilities | 160,342 | 121,730 | 172,743 | 189,989 | |||||||||||
| total liabilities | 360,708 | 268,344 | 342,546 | 405,183 | 265,964 | 61,462 | 237,497 | 283,570 | 171,465 | 122,691 | 95,011 | 128,083 | 13,303 | 27,017 | 37,638 |
| net assets | -201,095 | 62,561 | 136,113 | 484,222 | 70,891 | 272,373 | 268,518 | 234,987 | 313,977 | 308,532 | 127,830 | 19,355 | 61,073 | 59,722 | 120,227 |
| total shareholders funds | -201,095 | 62,561 | 136,113 | 484,222 | 70,891 | 272,373 | 268,518 | 234,987 | 313,977 | 308,532 | 127,830 | 19,355 | 61,073 | 59,722 | 120,227 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | Mar 2014 | Mar 2013 | Mar 2012 | Mar 2011 | Mar 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 3,559 | 4,232 | 1,843 | 350 | |||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | -79,000 | 4,000 | 75,000 | -15,000 | 15,000 | -10,000 | 5,000 | 2,000 | 3,000 | ||||||
| Debtors | -100,199 | -55,555 | -493,123 | 487,642 | -98,049 | -47,239 | -137,483 | 43,115 | 136,946 | 175,164 | 68,468 | 44,862 | 20,935 | -12,582 | 41,649 |
| Creditors | 53,752 | -23,189 | -45,391 | -50,770 | 204,502 | -176,035 | -46,073 | 112,105 | 48,774 | 27,680 | -33,072 | 114,780 | -13,714 | -10,621 | 37,638 |
| Accruals and Deferred Income | |||||||||||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | |||||||||||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | 38,612 | -51,013 | -17,246 | 189,989 | |||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -68,048 | -97,982 | 155,918 | 60,208 | 26,069 | -109,941 | 109,941 | -82,727 | 28,218 | 6,935 | 28,200 | -33,298 | -60,544 | 113,216 | |
| overdraft | |||||||||||||||
| change in cash | -68,048 | -97,982 | 155,918 | 60,208 | 26,069 | -109,941 | 109,941 | -82,727 | 28,218 | 6,935 | 28,200 | -33,298 | -60,544 | 113,216 |
vision composite solutions ltd Credit Report and Business Information
Vision Composite Solutions Ltd Competitor Analysis
Perform a competitor analysis for vision composite solutions ltd by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in EC1Y area or any other competitors across 12 key performance metrics.
vision composite solutions ltd Ownership
VISION COMPOSITE SOLUTIONS LTD group structure
Vision Composite Solutions Ltd has no subsidiary companies.
vision composite solutions ltd directors
Vision Composite Solutions Ltd currently has 1 director, Mr Robert Hunter serving since Sep 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Robert Hunter | United Kingdom | 54 years | Sep 2019 | - | Director |
P&L
March 2024turnover
2m
-10%
operating profit
-269.5k
0%
gross margin
19.2%
+14.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
-201.1k
-4.21%
total assets
159.6k
-0.52%
cash
76.2k
-0.47%
net assets
Total assets minus all liabilities
vision composite solutions ltd company details
company number
02671904
Type
Private limited with Share Capital
industry
30110 - Building of ships and floating structures
incorporation date
December 1991
age
34
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
vision yachts limited (March 2024)
vision composities limited (April 1992)
accountant
APPLE ACCOUNTANCY LIMITED
auditor
-
address
craftwork studios 1-3, dufferin street, london, EC1Y 8NA
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
vision composite solutions ltd 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 found 1 charges/mortgages relating to vision composite solutions ltd. Currently there are 1 open charges and 0 have been satisfied in the past.
vision composite solutions ltd 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 VISION COMPOSITE SOLUTIONS LTD. This can take several minutes, an email will notify you when this has completed.
vision composite solutions ltd Companies House Filings - See Documents
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