swan centre visionplus limited
swan centre visionplus limited Company Information
Company Number
02817911
Next Accounts
Nov 2025
Industry
Retail sale by opticians
Shareholders
swan centre specsavers ltd
specsavers uk holdings ltd & swan centre specsavers ltd
Group Structure
View All
Contact
Registered Address
2 coventry street, swan centre, kidderminster, worcestershire, DY10 2DG
Website
https://www.specsavers.comswan centre visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SWAN CENTRE VISIONPLUS LIMITED at £971.6k based on a Turnover of £1.7m and 0.57x industry multiple (adjusted for size and gross margin).
swan centre visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SWAN CENTRE VISIONPLUS LIMITED at £197.2k based on an EBITDA of £55.7k and a 3.54x industry multiple (adjusted for size and gross margin).
swan centre visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SWAN CENTRE VISIONPLUS LIMITED at £527.6k based on Net Assets of £191k and 2.76x industry multiple (adjusted for liquidity).
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Swan Centre Visionplus Limited Overview
Swan Centre Visionplus Limited is a live company located in kidderminster, DY10 2DG with a Companies House number of 02817911. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in May 1993, it's largest shareholder is swan centre specsavers ltd with a 99.5% stake. Swan Centre Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Swan Centre Visionplus Limited Health Check
Pomanda's financial health check has awarded Swan Centre Visionplus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
4 Regular
4 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£4.6m)
- Swan Centre Visionplus Limited
£4.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 15%, show it is growing at a faster rate (12.5%)
- Swan Centre Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (68.4%)
- Swan Centre Visionplus Limited
68.4% - Industry AVG
Profitability
an operating margin of 3.3% make it less profitable than the average company (5.6%)
- Swan Centre Visionplus Limited
5.6% - Industry AVG
Employees
with 39 employees, this is similar to the industry average (45)
39 - Swan Centre Visionplus Limited
45 - Industry AVG
Pay Structure
on an average salary of £31.8k, the company has an equivalent pay structure (£31.8k)
- Swan Centre Visionplus Limited
£31.8k - Industry AVG
Efficiency
resulting in sales per employee of £43.5k, this is less efficient (£101.5k)
- Swan Centre Visionplus Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (13 days)
- Swan Centre Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (42 days)
- Swan Centre Visionplus Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Swan Centre Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 48 weeks, this is more cash available to meet short term requirements (13 weeks)
48 weeks - Swan Centre Visionplus Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25.1%, this is a lower level of debt than the average (58.2%)
25.1% - Swan Centre Visionplus Limited
58.2% - Industry AVG
SWAN CENTRE VISIONPLUS LIMITED financials
Swan Centre Visionplus Limited's latest turnover from February 2024 is estimated at £1.7 million and the company has net assets of £191 thousand. According to their latest financial statements, Swan Centre Visionplus Limited has 39 employees and maintains cash reserves of £59.6 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 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 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 | 39 | 34 | 34 | 33 | 36 | 38 | 37 | 39 | 38 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 648 | 583 | 615 | 418 | 732 | 917 | 1,063 | 537 | 508 | 624 | 624 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 648 | 583 | 615 | 418 | 732 | 917 | 1,063 | 537 | 508 | 624 | 624 | 0 | 0 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 52,103 | 59,702 | 62,755 | 69,541 | 58,121 | 78,826 | 71,569 | 76,808 | 91,613 | 208,957 | 171,850 | 288,306 | 228,544 | 263,030 | 263,556 |
| Group Debtors | 110,525 | 115,474 | 57,789 | 24,283 | 145,160 | 60,084 | 23,183 | 2,787 | 52,475 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 32,089 | 25,363 | 21,701 | 9,467 | 12,509 | 10,362 | 6,498 | 9,586 | 4,800 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 59,563 | 19,126 | 132,059 | 137,001 | 30,672 | 46,246 | 59,621 | 91,074 | 55,880 | 0 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 254,280 | 219,665 | 274,304 | 240,292 | 246,462 | 195,518 | 160,871 | 180,255 | 204,768 | 208,957 | 171,850 | 288,306 | 228,544 | 263,030 | 263,556 |
| total assets | 254,928 | 220,248 | 274,919 | 240,710 | 247,194 | 196,435 | 161,934 | 180,792 | 205,276 | 209,581 | 172,474 | 288,306 | 228,544 | 263,030 | 263,556 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 3,565 | 2,815 | 1,470 | 980 | 7,415 | 23,007 | 14,562 | 1,035 | 5,899 | 62,684 | 57,921 | 46,043 | 46,692 | 68,909 | 80,246 |
| Group/Directors Accounts | 500 | 18,165 | 44,938 | 1,114 | 788 | 11,365 | 2,077 | 813 | 783 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 59,894 | 51,606 | 77,650 | 63,329 | 35,632 | 47,312 | 47,307 | 56,607 | 61,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 63,959 | 72,586 | 124,058 | 65,423 | 43,835 | 81,684 | 63,946 | 58,455 | 68,385 | 62,684 | 57,921 | 46,043 | 46,692 | 68,909 | 80,246 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 63,959 | 72,586 | 124,058 | 65,423 | 43,835 | 81,684 | 63,946 | 58,455 | 68,385 | 62,684 | 57,921 | 46,043 | 46,692 | 68,909 | 80,246 |
| net assets | 190,969 | 147,662 | 150,861 | 175,287 | 203,359 | 114,751 | 97,988 | 122,337 | 136,891 | 146,897 | 114,553 | 242,263 | 181,852 | 194,121 | 183,310 |
| total shareholders funds | 190,969 | 147,662 | 150,861 | 175,287 | 203,359 | 114,751 | 97,988 | 122,337 | 136,891 | 146,897 | 114,553 | 242,263 | 181,852 | 194,121 | 183,310 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | -5,757 | 58,262 | 39,151 | -112,813 | 66,333 | 47,876 | 12,595 | -59,678 | -60,185 | 37,107 | -115,832 | 59,762 | -34,486 | -526 | 263,556 |
| Creditors | 750 | 1,345 | 490 | -6,435 | -15,592 | 8,445 | 13,527 | -4,864 | -56,785 | 4,763 | 11,878 | -649 | -22,217 | -11,337 | 80,246 |
| Accruals and Deferred Income | 8,288 | -26,044 | 14,321 | 27,697 | -11,680 | 5 | -9,300 | -5,096 | 61,703 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -17,665 | -26,773 | 43,824 | 326 | -10,577 | 9,288 | 1,264 | 30 | 783 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 40,437 | -112,933 | -4,942 | 106,329 | -15,574 | -13,375 | -31,453 | 35,194 | 55,880 | 0 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 40,437 | -112,933 | -4,942 | 106,329 | -15,574 | -13,375 | -31,453 | 35,194 | 55,880 | 0 | 0 | 0 | 0 | 0 | 0 |
swan centre visionplus limited Credit Report and Business Information
Swan Centre Visionplus Limited Competitor Analysis
Perform a competitor analysis for swan centre 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 DY10 area or any other competitors across 12 key performance metrics.
swan centre visionplus limited Ownership
SWAN CENTRE VISIONPLUS LIMITED group structure
Swan Centre Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
SWAN CENTRE VISIONPLUS LIMITED
02817911
swan centre visionplus limited directors
Swan Centre Visionplus Limited currently has 6 directors. The longest serving directors include Mr Timothy Reeves (Jun 1993) and Mr Jonathan Lee (May 1998).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Timothy Reeves | England | 59 years | Jun 1993 | - | Director |
| Mr Jonathan Lee | 61 years | May 1998 | - | Director | |
| Mrs Emma Singh | England | 44 years | Feb 2020 | - | Director |
| Mr Randeep Singh | United Kingdom | 43 years | Feb 2020 | - | Director |
| Mrs Emma Singh | England | 44 years | Feb 2020 | - | Director |
| Mr John Perkins | Guernsey | 52 years | Feb 2020 | - | Director |
P&L
February 2024turnover
1.7m
+62%
operating profit
55.7k
0%
gross margin
57%
-13.24%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
191k
+0.29%
total assets
254.9k
+0.16%
cash
59.6k
+2.11%
net assets
Total assets minus all liabilities
swan centre visionplus limited company details
company number
02817911
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
May 1993
age
32
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
kidderminster visionplus limited (June 1993)
accountant
-
auditor
-
address
2 coventry street, swan centre, kidderminster, worcestershire, DY10 2DG
Bank
NATIONAL WESTMINSTER BANK PLC
Legal Advisor
-
swan centre 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 swan centre visionplus limited.
swan centre 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 SWAN CENTRE VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
swan centre visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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