darlington visionplus limited
darlington visionplus limited Company Information
Company Number
03797182
Next Accounts
Nov 2025
Shareholders
darlington specsavers ltd
specsavers uk holdings ltd & darlington specsavers ltd
Group Structure
View All
Industry
Retail sale by opticians
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Website
specsavers.co.ukdarlington visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of DARLINGTON VISIONPLUS LIMITED at £989.6k based on a Turnover of £1.6m and 0.61x industry multiple (adjusted for size and gross margin).
darlington visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of DARLINGTON VISIONPLUS LIMITED at £545.2k based on an EBITDA of £152.6k and a 3.57x industry multiple (adjusted for size and gross margin).
darlington visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of DARLINGTON VISIONPLUS LIMITED at £655k based on Net Assets of £231.1k and 2.84x industry multiple (adjusted for liquidity).
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Darlington Visionplus Limited Overview
Darlington Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 03797182. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in June 1999, it's largest shareholder is darlington specsavers ltd with a 99.5% stake. Darlington Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with healthy growth in recent years.
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Darlington Visionplus Limited Health Check
Pomanda's financial health check has awarded Darlington Visionplus Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
1 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£4.1m)
- Darlington Visionplus Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 7%, show it is growing at a slower rate (12.5%)
- Darlington Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
- Darlington Visionplus Limited
68.1% - Industry AVG
Profitability
an operating margin of 9.4% make it more profitable than the average company (5.5%)
- Darlington Visionplus Limited
5.5% - Industry AVG
Employees
with 41 employees, this is above the industry average (33)
41 - Darlington Visionplus Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Darlington Visionplus Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £39.5k, this is less efficient (£102k)
- Darlington Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (13 days)
- Darlington Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
- Darlington Visionplus Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Darlington Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 67 weeks, this is more cash available to meet short term requirements (12 weeks)
67 weeks - Darlington Visionplus Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 31.8%, this is a lower level of debt than the average (58.8%)
31.8% - Darlington Visionplus Limited
58.8% - Industry AVG
DARLINGTON VISIONPLUS LIMITED financials
Darlington Visionplus Limited's latest turnover from February 2024 is estimated at £1.6 million and the company has net assets of £231.1 thousand. According to their latest financial statements, Darlington Visionplus Limited has 41 employees and maintains cash reserves of £139.7 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 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 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 | 41 | 35 | 37 | 40 | 43 | 39 | 37 | 41 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 564 | 754 | 677 | 625 | 1,494 | 314 | 2,176 | 1,114 | 1,095 | 1,284 | |||||
| Total Fixed Assets | 564 | 754 | 677 | 625 | 1,494 | 314 | 2,176 | 1,114 | 1,095 | 1,284 | |||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 21,560 | 76,027 | 97,806 | 81,657 | 85,857 | 80,352 | 93,950 | 74,450 | 205,885 | 114,849 | 285,972 | 253,752 | 321,181 | 275,513 | 415,393 |
| Group Debtors | 139,888 | 8,403 | 177,630 | 43,663 | 255,674 | 88,225 | 237,832 | 38,721 | |||||||
| Misc Debtors | 37,028 | 34,316 | 25,996 | 16,013 | 11,303 | 10,806 | 6,445 | 7,522 | |||||||
| Cash | 139,677 | 88,049 | 256,848 | 430,858 | 31,123 | 54,824 | 47,732 | 56,420 | 25 | 25 | 25 | 25 | 25 | 25 | 25 |
| misc current assets | |||||||||||||||
| total current assets | 338,153 | 206,795 | 558,280 | 572,191 | 383,957 | 234,207 | 385,959 | 177,113 | 205,910 | 114,874 | 285,997 | 253,777 | 321,206 | 275,538 | 415,418 |
| total assets | 338,717 | 207,549 | 558,957 | 572,816 | 385,451 | 234,521 | 388,135 | 178,227 | 207,005 | 116,158 | 285,997 | 253,777 | 321,206 | 275,538 | 415,418 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,233 | 6,692 | 20,330 | 7,746 | 14,188 | 28,309 | 12,538 | 4,638 | 84,784 | 115,058 | 71,650 | 40,823 | 64,082 | 69,315 | 81,106 |
| Group/Directors Accounts | 5,826 | 1,399 | 51,115 | 4,105 | 1,441 | 5,929 | 3,372 | 9,073 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 100,603 | 87,318 | 128,214 | 112,605 | 82,199 | 69,710 | 70,146 | 69,099 | |||||||
| total current liabilities | 107,662 | 95,409 | 199,659 | 124,456 | 97,828 | 103,948 | 86,056 | 82,810 | 84,784 | 115,058 | 71,650 | 40,823 | 64,082 | 69,315 | 81,106 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 107,662 | 95,409 | 199,659 | 124,456 | 97,828 | 103,948 | 86,056 | 82,810 | 84,784 | 115,058 | 71,650 | 40,823 | 64,082 | 69,315 | 81,106 |
| net assets | 231,055 | 112,140 | 359,298 | 448,360 | 287,623 | 130,573 | 302,079 | 95,417 | 122,221 | 1,100 | 214,347 | 212,954 | 257,124 | 206,223 | 334,312 |
| total shareholders funds | 231,055 | 112,140 | 359,298 | 448,360 | 287,623 | 130,573 | 302,079 | 95,417 | 122,221 | 1,100 | 214,347 | 212,954 | 257,124 | 206,223 | 334,312 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Oct 2016 | Oct 2015 | Oct 2014 | Oct 2013 | Oct 2012 | Oct 2011 | Oct 2010 | Oct 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 79,540 | -182,609 | 160,151 | -212,370 | 174,631 | -160,706 | 340,403 | -85,173 | 90,847 | -169,839 | 32,220 | -67,429 | 45,668 | -139,880 | 415,393 |
| Creditors | -5,459 | -13,638 | 12,584 | -6,442 | -14,121 | 15,771 | 12,538 | -80,146 | -30,274 | 43,408 | 30,827 | -23,259 | -5,233 | -11,791 | 81,106 |
| Accruals and Deferred Income | 13,285 | -40,896 | 15,609 | 30,406 | 12,489 | -436 | 70,146 | 69,099 | |||||||
| 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 | 4,427 | -49,716 | 47,010 | 2,664 | -4,488 | 2,557 | 3,372 | 9,073 | |||||||
| Other Short Term Loans | |||||||||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | |||||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | |||||||||||||||
| cash flow from financing | |||||||||||||||
| cash and cash equivalents | |||||||||||||||
| cash | 51,628 | -168,799 | -174,010 | 399,735 | -23,701 | 7,092 | 47,732 | 56,395 | 25 | ||||||
| overdraft | |||||||||||||||
| change in cash | 51,628 | -168,799 | -174,010 | 399,735 | -23,701 | 7,092 | 47,732 | 56,395 | 25 |
darlington visionplus limited Credit Report and Business Information
Darlington Visionplus Limited Competitor Analysis
Perform a competitor analysis for darlington 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.
darlington visionplus limited Ownership
DARLINGTON VISIONPLUS LIMITED group structure
Darlington Visionplus Limited has no subsidiary companies.
Ultimate parent company
1 parent
DARLINGTON VISIONPLUS LIMITED
03797182
darlington visionplus limited directors
Darlington Visionplus Limited currently has 4 directors. The longest serving directors include Mr Andrew Higginson (May 2022) and Ms Sarah Hearn (Nov 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Andrew Higginson | England | 37 years | May 2022 | - | Director |
| Ms Sarah Hearn | England | 50 years | Nov 2022 | - | Director |
| Mr Douglas Perkins | Guernsey | 82 years | Nov 2022 | - | Director |
| Ms Emma Alexander-Smith | England | 39 years | Dec 2023 | - | Director |
P&L
February 2024turnover
1.6m
+43%
operating profit
152.6k
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
231.1k
+1.06%
total assets
338.7k
+0.63%
cash
139.7k
+0.59%
net assets
Total assets minus all liabilities
darlington visionplus limited company details
company number
03797182
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
June 1999
age
26
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
-
Legal Advisor
-
darlington 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 darlington visionplus limited.
darlington 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 DARLINGTON VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
darlington visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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