newcastle visionplus limited
newcastle visionplus limited Company Information
Company Number
03662904
Next Accounts
Nov 2025
Industry
Retail sale by opticians
Shareholders
newcastle specsavers limited
specsavers uk holdings ltd & newcastle specsavers ltd
Group Structure
View All
Contact
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Website
http://specsavers.comnewcastle visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCASTLE VISIONPLUS LIMITED at £1.5m based on a Turnover of £2.4m and 0.64x industry multiple (adjusted for size and gross margin).
newcastle visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCASTLE VISIONPLUS LIMITED at £0 based on an EBITDA of £-48.5k and a 3.59x industry multiple (adjusted for size and gross margin).
newcastle visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of NEWCASTLE VISIONPLUS LIMITED at £429.4k based on Net Assets of £148.2k and 2.9x industry multiple (adjusted for liquidity).
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Newcastle Visionplus Limited Overview
Newcastle Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 03662904. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in November 1998, it's largest shareholder is newcastle specsavers limited with a 99.5% stake. Newcastle Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.4m with high growth in recent years.
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Newcastle Visionplus Limited Health Check
Pomanda's financial health check has awarded Newcastle Visionplus Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 4 areas for improvement. Company Health Check FAQs
2 Strong
5 Regular
4 Weak
Size
annual sales of £2.4m, make it smaller than the average company (£9.7m)
- Newcastle Visionplus Limited
£9.7m - Industry AVG
Growth
3 year (CAGR) sales growth of 21%, show it is growing at a faster rate (13%)
- Newcastle Visionplus Limited
13% - Industry AVG
Production
with a gross margin of 57%, this company has a comparable cost of product (68.4%)
- Newcastle Visionplus Limited
68.4% - Industry AVG
Profitability
an operating margin of -2% make it less profitable than the average company (5.6%)
- Newcastle Visionplus Limited
5.6% - Industry AVG
Employees
with 52 employees, this is similar to the industry average (45)
52 - Newcastle Visionplus Limited
45 - Industry AVG
Pay Structure
on an average salary of £32.7k, the company has an equivalent pay structure (£32.7k)
- Newcastle Visionplus Limited
£32.7k - Industry AVG
Efficiency
resulting in sales per employee of £46.4k, this is less efficient (£102k)
- Newcastle Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (11 days)
- Newcastle Visionplus Limited
11 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (42 days)
- Newcastle Visionplus Limited
42 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Newcastle Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 55 weeks, this is more cash available to meet short term requirements (13 weeks)
55 weeks - Newcastle Visionplus Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.9%, this is a similar level of debt than the average (58.8%)
53.9% - Newcastle Visionplus Limited
58.8% - Industry AVG
NEWCASTLE VISIONPLUS LIMITED financials
Newcastle Visionplus Limited's latest turnover from February 2024 is estimated at £2.4 million and the company has net assets of £148.2 thousand. According to their latest financial statements, Newcastle Visionplus Limited has 52 employees and maintains cash reserves of £184.3 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 | Feb 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 | 52 | 57 | 51 | 45 | 50 | 50 | 48 | 50 | 52 | ||||||
| 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 | Feb 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) | 1,101 | 1,199 | 0 | 1,097 | 1,256 | 1,043 | 1,427 | 615 | 553 | 517 | 448 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 1,101 | 1,199 | 0 | 1,097 | 1,256 | 1,043 | 1,427 | 615 | 553 | 517 | 448 | 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 | 75,823 | 80,118 | 91,216 | 64,503 | 54,883 | 68,074 | 89,816 | 68,295 | 91,123 | 220,376 | 664,109 | 670,300 | 523,133 | 582,307 | 571,860 |
| Group Debtors | 13,970 | 60,634 | 887 | 374 | 0 | 28,981 | 171,057 | 57,509 | 5,782 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 46,399 | 51,299 | 45,978 | 14,990 | 17,641 | 17,867 | 1,455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 184,250 | 136,980 | 307,303 | 311,716 | 249,050 | 189,864 | 111,327 | 107,789 | 249,855 | 25 | 25 | 25 | 25 | 25 | 25 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 320,442 | 329,031 | 445,384 | 391,583 | 321,574 | 304,786 | 373,655 | 233,593 | 346,760 | 220,401 | 664,134 | 670,325 | 523,158 | 582,332 | 571,885 |
| total assets | 321,543 | 330,230 | 445,384 | 392,680 | 322,830 | 305,829 | 375,082 | 234,208 | 347,313 | 220,918 | 664,582 | 670,325 | 523,158 | 582,332 | 571,885 |
| 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 | 6,843 | 2,226 | 11,546 | 6,251 | 6,393 | 8,414 | 3,439 | 669 | 1,143 | 223,242 | 103,578 | 86,645 | 56,170 | 79,337 | 79,825 |
| Group/Directors Accounts | 3,859 | 1,476 | 92,931 | 109,434 | 49,494 | 14,749 | 2,406 | 632 | 231,915 | 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 | 162,667 | 138,255 | 165,520 | 198,224 | 168,724 | 169,997 | 136,775 | 120,070 | 112,215 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 173,369 | 141,957 | 269,997 | 313,909 | 224,611 | 193,160 | 142,620 | 121,371 | 345,273 | 223,242 | 103,578 | 86,645 | 56,170 | 79,337 | 79,825 |
| 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 | 173,369 | 141,957 | 269,997 | 313,909 | 224,611 | 193,160 | 142,620 | 121,371 | 345,273 | 223,242 | 103,578 | 86,645 | 56,170 | 79,337 | 79,825 |
| net assets | 148,174 | 188,273 | 175,387 | 78,771 | 98,219 | 112,669 | 232,462 | 112,837 | 2,040 | -2,324 | 561,004 | 583,680 | 466,988 | 502,995 | 492,060 |
| total shareholders funds | 148,174 | 188,273 | 175,387 | 78,771 | 98,219 | 112,669 | 232,462 | 112,837 | 2,040 | -2,324 | 561,004 | 583,680 | 466,988 | 502,995 | 492,060 |
| 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 | Feb 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 | -55,957 | 55,169 | 57,117 | 7,184 | -42,185 | -147,790 | 137,336 | 28,961 | -123,435 | -443,664 | -5,743 | 147,167 | -59,174 | 10,447 | 571,860 |
| Creditors | 4,617 | -9,320 | 5,295 | -142 | -2,021 | 4,975 | 2,770 | -474 | -222,099 | 119,664 | 16,933 | 30,475 | -23,167 | -488 | 79,825 |
| Accruals and Deferred Income | 24,412 | -27,265 | -32,704 | 29,500 | -1,273 | 33,222 | 16,705 | 7,855 | 112,215 | 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 | 2,383 | -91,455 | -16,503 | 59,940 | 34,745 | 12,343 | 1,774 | -231,283 | 231,915 | 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 | 47,270 | -170,323 | -4,413 | 62,666 | 59,186 | 78,537 | 3,538 | -142,066 | 249,830 | 0 | 0 | 0 | 0 | 0 | 25 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 47,270 | -170,323 | -4,413 | 62,666 | 59,186 | 78,537 | 3,538 | -142,066 | 249,830 | 0 | 0 | 0 | 0 | 0 | 25 |
newcastle visionplus limited Credit Report and Business Information
Newcastle Visionplus Limited Competitor Analysis
Perform a competitor analysis for newcastle 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.
newcastle visionplus limited Ownership
NEWCASTLE VISIONPLUS LIMITED group structure
Newcastle Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
NEWCASTLE VISIONPLUS LIMITED
03662904
newcastle visionplus limited directors
Newcastle Visionplus Limited currently has 4 directors. The longest serving directors include Mr John Loughran (Jan 1999) and Mr Neil Marley (Feb 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr John Loughran | 59 years | Jan 1999 | - | Director | |
| Mr Neil Marley | England | 37 years | Feb 2018 | - | Director |
| Ms Clare Neil | England | 46 years | Feb 2018 | - | Director |
| Mr Douglas Perkins | Guernsey | 81 years | Apr 2023 | - | Director |
P&L
February 2024turnover
2.4m
+44%
operating profit
-48.5k
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
148.2k
-0.21%
total assets
321.5k
-0.03%
cash
184.3k
+0.35%
net assets
Total assets minus all liabilities
newcastle visionplus limited company details
company number
03662904
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
November 1998
age
26
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
cruisebuy limited (January 1999)
accountant
-
auditor
-
address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Bank
-
Legal Advisor
-
newcastle 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 newcastle visionplus limited.
newcastle 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.
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newcastle visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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