ilford visionplus limited
ilford visionplus limited Company Information
Company Number
02834720
Next Accounts
Nov 2025
Shareholders
ilford specsavers ltd
specsavers uk holdings ltd & ilford specsavers ltd
Group Structure
View All
Industry
Retail sale by opticians
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Website
http://specsavers.co.ukilford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of ILFORD VISIONPLUS LIMITED at £884.4k based on a Turnover of £1.5m and 0.61x industry multiple (adjusted for size and gross margin).
ilford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of ILFORD VISIONPLUS LIMITED at £0 based on an EBITDA of £-338.5k and a 3.56x industry multiple (adjusted for size and gross margin).
ilford visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of ILFORD VISIONPLUS LIMITED at £371.9k based on Net Assets of £131.2k and 2.84x industry multiple (adjusted for liquidity).
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Ilford Visionplus Limited Overview
Ilford Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 02834720. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in July 1993, it's largest shareholder is ilford specsavers ltd with a 99.5% stake. Ilford 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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Ilford Visionplus Limited Health Check
Pomanda's financial health check has awarded Ilford Visionplus Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
2 Regular
7 Weak
Size
annual sales of £1.5m, make it smaller than the average company (£4.1m)
- Ilford Visionplus Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (12.5%)
- Ilford Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
- Ilford Visionplus Limited
68.1% - Industry AVG
Profitability
an operating margin of -23.3% make it less profitable than the average company (5.5%)
- Ilford Visionplus Limited
5.5% - Industry AVG
Employees
with 30 employees, this is similar to the industry average (33)
30 - Ilford Visionplus Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Ilford Visionplus Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £48.4k, this is less efficient (£102k)
- Ilford Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 20 days, this is later than average (13 days)
- Ilford Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
- Ilford Visionplus Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Ilford Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 49 weeks, this is more cash available to meet short term requirements (12 weeks)
49 weeks - Ilford Visionplus Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 46.4%, this is a lower level of debt than the average (58.8%)
46.4% - Ilford Visionplus Limited
58.8% - Industry AVG
ILFORD VISIONPLUS LIMITED financials
Ilford Visionplus Limited's latest turnover from February 2024 is estimated at £1.5 million and the company has net assets of £131.2 thousand. According to their latest financial statements, Ilford Visionplus Limited has 30 employees and maintains cash reserves of £106.9 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 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 30 | 31 | 33 | 37 | 43 | 42 | 39 | 41 | 38 | ||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 1,155 | 1,040 | 471 | 500 | 283 | 146 | 147 | ||||||||
| Total Fixed Assets | 1,155 | 1,040 | 471 | 500 | 283 | 146 | 147 | ||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 82,847 | 63,903 | 69,215 | 75,352 | 131,638 | 112,271 | 121,831 | 145,434 | 91,055 | 250,430 | 654,870 | 401,626 | 608,408 | 499,280 | 398,220 |
| Group Debtors | 33,163 | 241,857 | 126,733 | 105,246 | 38,794 | 60,273 | 25,351 | 83,510 | 291 | ||||||
| Misc Debtors | 20,446 | 20,536 | 23,943 | 15,125 | 5,769 | 6,691 | 7,042 | 6,124 | |||||||
| Cash | 106,946 | 223,086 | 280,266 | 447,908 | 55,735 | 42,233 | 39,917 | 23,943 | 92,662 | 30 | 30 | 30 | 30 | 30 | 30 |
| misc current assets | |||||||||||||||
| total current assets | 243,402 | 549,382 | 500,157 | 643,631 | 231,936 | 221,468 | 194,141 | 252,887 | 190,132 | 250,460 | 654,900 | 401,656 | 608,438 | 499,310 | 398,250 |
| total assets | 244,557 | 550,422 | 500,157 | 644,102 | 232,436 | 221,751 | 194,141 | 253,033 | 190,279 | 250,460 | 654,900 | 401,656 | 608,438 | 499,310 | 398,250 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,388 | 3,053 | 10,396 | 2,635 | 3,562 | 12,184 | 6,460 | 6,660 | 7,931 | 68,886 | 112,144 | 78,560 | 71,329 | 32,525 | 113,175 |
| Group/Directors Accounts | 3,441 | 6,444 | 50,057 | 2,503 | 6,303 | 10,184 | 2,753 | 3,590 | 56,351 | ||||||
| other short term finances | 21,815 | ||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 108,533 | 79,876 | 115,049 | 109,871 | 108,588 | 88,878 | 83,296 | 52,966 | 48,829 | ||||||
| total current liabilities | 113,362 | 89,373 | 175,502 | 115,009 | 118,453 | 111,246 | 92,509 | 85,031 | 113,111 | 68,886 | 112,144 | 78,560 | 71,329 | 32,525 | 113,175 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 113,362 | 89,373 | 175,502 | 115,009 | 118,453 | 111,246 | 92,509 | 85,031 | 113,111 | 68,886 | 112,144 | 78,560 | 71,329 | 32,525 | 113,175 |
| net assets | 131,195 | 461,049 | 324,655 | 529,093 | 113,983 | 110,505 | 101,632 | 168,002 | 77,168 | 181,574 | 542,756 | 323,096 | 537,109 | 466,785 | 285,075 |
| total shareholders funds | 131,195 | 461,049 | 324,655 | 529,093 | 113,983 | 110,505 | 101,632 | 168,002 | 77,168 | 181,574 | 542,756 | 323,096 | 537,109 | 466,785 | 285,075 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | Feb 2016 | Feb 2015 | Feb 2014 | Feb 2013 | Feb 2012 | Feb 2011 | Sep 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | -189,725 | 107,445 | 23,697 | 19,493 | -2,817 | 25,294 | -74,866 | 131,473 | -152,813 | -404,440 | 253,244 | -206,782 | 109,128 | 499,280 | 398,220 |
| Creditors | -1,665 | -7,343 | 7,761 | -927 | -8,622 | 5,724 | -200 | -1,271 | -60,955 | -43,258 | 33,584 | 7,231 | 38,804 | 32,525 | 113,175 |
| Accruals and Deferred Income | 28,657 | -35,173 | 5,178 | 1,283 | 19,710 | 5,582 | 30,330 | 4,137 | 48,829 | ||||||
| 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 | -3,003 | -43,613 | 47,554 | -3,800 | -3,881 | 7,431 | -837 | -52,761 | 56,351 | ||||||
| Other Short Term Loans | -21,815 | 21,815 | |||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | -116,140 | -57,180 | -167,642 | 392,173 | 13,502 | 2,316 | 15,974 | -68,719 | 92,632 | 30 | 30 | ||||
| overdraft | |||||||||||||||
| change in cash | -116,140 | -57,180 | -167,642 | 392,173 | 13,502 | 2,316 | 15,974 | -68,719 | 92,632 | 30 | 30 |
ilford visionplus limited Credit Report and Business Information
Ilford Visionplus Limited Competitor Analysis
Perform a competitor analysis for ilford 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.
ilford visionplus limited Ownership
ILFORD VISIONPLUS LIMITED group structure
Ilford Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
ILFORD VISIONPLUS LIMITED
02834720
ilford visionplus limited directors
Ilford Visionplus Limited currently has 3 directors. The longest serving directors include Mr Douglas Perkins (Nov 2015) and Mr Mohammed Rehmani (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Douglas Perkins | Guernsey | 82 years | Nov 2015 | - | Director |
| Mr Mohammed Rehmani | United Kingdom | 44 years | Feb 2016 | - | Director |
| Fizan Khan | England | 36 years | Mar 2021 | - | Director |
P&L
February 2024turnover
1.5m
+47%
operating profit
-338.5k
0%
gross margin
54.5%
-17.14%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
131.2k
-0.72%
total assets
244.6k
-0.56%
cash
106.9k
-0.52%
net assets
Total assets minus all liabilities
ilford visionplus limited company details
company number
02834720
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
July 1993
age
32
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
NATIONWIDE BUILDING SOCIETY
Legal Advisor
-
ilford 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 ilford visionplus limited.
ilford 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 ILFORD VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
ilford visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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