oldham visionplus limited

oldham visionplus limited Company Information

Share OLDHAM VISIONPLUS LIMITED
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Company Number

02756055

Industry

Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

 

Shareholders

oldham specsavers ltd

specsavers uk holdings ltd & oldham specsavers ltd

Group Structure

View All

Contact

Registered Address

9 curzon street, oldham, OL1 3AE

oldham visionplus limited Estimated Valuation

£508.7k

Pomanda estimates the enterprise value of OLDHAM VISIONPLUS LIMITED at £508.7k based on a Turnover of £1.5m and 0.35x industry multiple (adjusted for size and gross margin).

oldham visionplus limited Estimated Valuation

£292.1k

Pomanda estimates the enterprise value of OLDHAM VISIONPLUS LIMITED at £292.1k based on an EBITDA of £98.4k and a 2.97x industry multiple (adjusted for size and gross margin).

oldham visionplus limited Estimated Valuation

£851k

Pomanda estimates the enterprise value of OLDHAM VISIONPLUS LIMITED at £851k based on Net Assets of £269.4k and 3.16x industry multiple (adjusted for liquidity).

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Oldham Visionplus Limited Overview

Oldham Visionplus Limited is a live company located in oldham, OL1 3AE with a Companies House number of 02756055. 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 October 1992, it's largest shareholder is oldham specsavers ltd with a 99.5% stake. Oldham Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.5m with healthy growth in recent years.

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Oldham Visionplus Limited Health Check

Pomanda's financial health check has awarded Oldham Visionplus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4out of 5
positive_score

3 Strong

positive_score

3 Regular

positive_score

5 Weak

size

Size

annual sales of £1.5m, make it smaller than the average company (£9m)

£1.5m - Oldham Visionplus Limited

£9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 11%, show it is growing at a similar rate (9.6%)

11% - Oldham Visionplus Limited

9.6% - Industry AVG

production

Production

with a gross margin of 29%, this company has a higher cost of product (45.7%)

29% - Oldham Visionplus Limited

45.7% - Industry AVG

profitability

Profitability

an operating margin of 6.7% make it more profitable than the average company (5%)

6.7% - Oldham Visionplus Limited

5% - Industry AVG

employees

Employees

with 44 employees, this is similar to the industry average (54)

44 - Oldham Visionplus Limited

54 - Industry AVG

paystructure

Pay Structure

on an average salary of £26.8k, the company has an equivalent pay structure (£26.8k)

£26.8k - Oldham Visionplus Limited

£26.8k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £33.3k, this is less efficient (£133.6k)

£33.3k - Oldham Visionplus Limited

£133.6k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 22 days, this is later than average (11 days)

22 days - Oldham Visionplus Limited

11 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 10 days, this is quicker than average (40 days)

10 days - Oldham Visionplus Limited

40 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Oldham Visionplus Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 30 weeks, this is more cash available to meet short term requirements (21 weeks)

30 weeks - Oldham Visionplus Limited

21 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 33.8%, this is a lower level of debt than the average (56.2%)

33.8% - Oldham Visionplus Limited

56.2% - Industry AVG

OLDHAM VISIONPLUS LIMITED financials

EXPORTms excel logo

Oldham Visionplus Limited's latest turnover from February 2024 is estimated at £1.5 million and the company has net assets of £269.4 thousand. According to their latest financial statements, Oldham Visionplus Limited has 44 employees and maintains cash reserves of £81.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,463,8971,432,1511,256,7591,083,0971,285,7441,290,2371,209,0251,188,3941,214,3081,002,9091,318,6023,027,9292,464,5132,314,8250
Other Income Or Grants000000000000000
Cost Of Sales1,039,1491,015,848887,894790,875937,963919,926856,746855,646885,190751,114964,5192,196,6201,795,0451,666,3220
Gross Profit424,748416,303368,865292,221347,781370,311352,279332,748329,118251,795354,082831,310669,468648,5030
Admin Expenses326,354309,368677,6026,151222,975487,483113,151369,133259,593253,981730,108722,140575,596739,740-586,143
Operating Profit98,394106,935-308,737286,070124,806-117,172239,128-36,38569,525-2,186-376,026109,17093,872-91,237586,143
Interest Payable000000000000000
Interest Receivable3,6103,6381,048208831619165140118111110
Pre-Tax Profit102,004110,573-307,689286,278125,637-116,553239,293-36,24569,644-2,185-376,025109,17193,873-91,236586,143
Tax-25,501-21,0090-54,393-23,8710-45,4660-13,92900-26,201-24,4070-164,120
Profit After Tax76,50389,564-307,689231,885101,766-116,553193,827-36,24555,715-2,185-376,02582,97069,466-91,236422,023
Dividends Paid000000000000000
Retained Profit76,50389,564-307,689231,885101,766-116,553193,827-36,24555,715-2,185-376,02582,97069,466-91,236422,023
Employee Costs1,177,8621,124,2001,177,060977,741992,635961,323930,354921,614933,352101,966118,944264,793214,461196,1310
Number Of Employees444449444443434344561311100
EBITDA*98,394106,935-308,737286,070124,806-117,172239,128-36,38569,525-2,186-376,026109,17093,872-91,237586,143

* Earnings Before Interest, Tax, Depreciation and Amortisation

Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets000000000000000
Intangible Assets000000000000000
Investments & Other000000000000000
Debtors (Due After 1 year)8946355420403001724484004110000
Total Fixed Assets8946355420403001724484004110000
Stock & work in progress000000000000000
Trade Debtors90,322124,44386,885107,438120,440118,131104,47970,99471,562155,163212,095628,885474,346433,882610,368
Group Debtors189,246100,507102,423230,483107,11223,994166,786119,965160,54973,57200000
Misc Debtors45,28818,44817,6616,1866,4587,5658,3044,5945,200000000
Cash81,09056,434125,480293,626122,52699,08366,03764,77047,180175175175175175175
misc current assets000000000000000
total current assets405,946299,832332,449637,733356,536248,773345,606260,323284,491228,910212,270629,060474,521434,057610,543
total assets406,840300,467332,991637,733356,939248,773345,606260,495284,939229,310212,681629,060474,521434,057610,543
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 28,64924,10817,10616,07821,73228,80120,28924,81917,030124,197105,383145,73774,168103,170188,420
Group/Directors Accounts1,7102,99755,84763,19065,46469,27061,99644,53942,297000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities107,07880,462156,702147,44090,60373,32869,39466,55464,784000000
total current liabilities137,437107,567229,655226,708177,799171,399151,679135,912124,111124,197105,383145,73774,168103,170188,420
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities137,437107,567229,655226,708177,799171,399151,679135,912124,111124,197105,383145,73774,168103,170188,420
net assets269,403192,900103,336411,025179,14077,374193,927124,583160,828105,113107,298483,323400,353330,887422,123
total shareholders funds269,403192,900103,336411,025179,14077,374193,927124,583160,828105,113107,298483,323400,353330,887422,123
Feb 2024Feb 2023Feb 2022Feb 2021Feb 2020Feb 2019Feb 2018Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit98,394106,935-308,737286,070124,806-117,172239,128-36,38569,525-2,186-376,026109,17093,872-91,237586,143
Depreciation000000000000000
Amortisation000000000000000
Tax-25,501-21,0090-54,393-23,8710-45,4660-13,92900-26,201-24,4070-164,120
Stock000000000000000
Debtors81,71736,522-136,596109,69484,723-129,879279,569-42,0348,62416,629-416,379154,53940,464-176,486610,368
Creditors4,5417,0021,028-5,654-7,0698,51220,2897,789-107,16718,814-40,35471,569-29,002-85,250188,420
Accruals and Deferred Income26,616-76,2409,26256,83717,2753,93469,3941,77064,784000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations22,333-19,834-161,851173,16626,41825,1533,77615,2084,589-1-1-1-1-175
Investing Activities
capital expenditure000000000000000
Change in Investments000000000000000
cash flow from investments000000000000000
Financing Activities
Bank loans000000000000000
Group/Directors Accounts-1,287-52,850-7,343-2,274-3,8067,27461,9962,24242,297000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue0000001000000000100
interest3,6103,6381,048208831619165140118111110
cash flow from financing2,323-49,212-6,295-2,066-2,9757,89362,2612,38242,41511111100
cash and cash equivalents
cash24,656-69,046-168,146171,10023,44333,04666,03717,59047,00500000175
overdraft000000000000000
change in cash24,656-69,046-168,146171,10023,44333,04666,03717,59047,00500000175

oldham visionplus limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Oldham Visionplus Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for oldham 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 OL1 area or any other competitors across 12 key performance metrics.

oldham visionplus limited Ownership

OLDHAM VISIONPLUS LIMITED group structure

Oldham Visionplus Limited has no subsidiary companies.

Ultimate parent company

2 parents

OLDHAM VISIONPLUS LIMITED

02756055

OLDHAM VISIONPLUS LIMITED Shareholders

oldham specsavers ltd 99.5%
specsavers uk holdings ltd & oldham specsavers ltd 0.5%

oldham visionplus limited directors

Oldham Visionplus Limited currently has 2 directors. The longest serving directors include Ms Catherine Hughes (Mar 2014) and Mr Ben Francis (Nov 2020).

officercountryagestartendrole
Ms Catherine HughesEngland46 years Mar 2014- Director
Mr Ben FrancisEngland44 years Nov 2020- Director

P&L

February 2024

turnover

1.5m

+2%

operating profit

98.4k

0%

gross margin

29.1%

-0.18%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

February 2024

net assets

269.4k

+0.4%

total assets

406.8k

+0.35%

cash

81.1k

+0.44%

net assets

Total assets minus all liabilities

oldham visionplus limited company details

company number

02756055

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

October 1992

age

32

incorporated

UK

accounts

Audit Exemption Subsidiary

last accounts submitted

February 2024

previous names

N/A

accountant

-

auditor

-

address

9 curzon street, oldham, OL1 3AE

Bank

NATIONWIDE BUILDING SOCIETY

Legal Advisor

-

oldham 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 oldham visionplus limited.

charges

oldham visionplus limited Companies House Filings - See Documents

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