Pomanda estimates the enterprise value of VISION DISPENSING LTD. at £13m based on a Turnover of £18.8m and 0.69x industry multiple (adjusted for size and gross margin).
vision dispensing ltd.Estimated Valuation
£102.7m
Pomanda estimates the enterprise value of VISION DISPENSING LTD. at £102.7m based on an EBITDA of £13m and a 7.9x industry multiple (adjusted for size and gross margin).
vision dispensing ltd.Estimated Valuation
£28.1m
Pomanda estimates the enterprise value of VISION DISPENSING LTD. at £28.1m based on Net Assets of £13.9m and 2.03x industry multiple (adjusted for liquidity).
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Vision Dispensing Ltd.Overview
Vision Dispensing Ltd. is a live company located in london, W8 5RY with a Companies House number of 03912575. It operates in the retail sale via mail order houses or via internet sector, SIC Code 47910. Founded in January 2000, it's largest shareholder is
vision direct europe ltd
with a 100% stake. Vision Dispensing Ltd. is a mature,
mid sized company, Pomanda has estimated its turnover at
£18.8m with
low
growth in recent years.
Pomanda's financial health check has awarded Vision Dispensing Ltd. a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
Health Rating3.5out of 5
5 Strong
0 Regular
4 Weak
Size
annual sales of £18.8m, make it larger than the average company (£837.8k)
£18.8m - Vision Dispensing Ltd.
£837.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.3%)
0% - Vision Dispensing Ltd.
7.3% - Industry AVG
Production
with a gross margin of 81.3%, this company has a lower cost of product (36.2%)
81.3% - Vision Dispensing Ltd.
36.2% - Industry AVG
Profitability
an operating margin of 64% make it more profitable than the average company (3%)
64% - Vision Dispensing Ltd.
3% - Industry AVG
Employees
with 197 employees, this is above the industry average (8)
197 - Vision Dispensing Ltd.
8 - Industry AVG
Pay Structure
on an average salary of £42.2k, the company has a higher pay structure (£29.6k)
£42.2k - Vision Dispensing Ltd.
£29.6k - Industry AVG
Efficiency
resulting in sales per employee of £95.6k, this is less efficient (£199.8k)
£95.6k - Vision Dispensing Ltd.
£199.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Vision Dispensing Ltd.
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Vision Dispensing Ltd.
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vision Dispensing Ltd.
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 1 weeks, this is less cash available to meet short term requirements (18 weeks)
1 weeks - Vision Dispensing Ltd.
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 48.5%, this is a lower level of debt than the average (71.9%)
48.5% - Vision Dispensing Ltd.
71.9% - Industry AVG
VISION DISPENSING LTD. financials
EXPORT
Vision Dispensing Ltd.'s latest turnover from December 2022 is £18.8 million and the company has net assets of £13.9 million. According to their latest financial statements, Vision Dispensing Ltd. has 197 employees and maintains cash reserves of £78 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Sep 2009
Turnover
18,835,000
3,481,000
18,949,000
18,642,000
16,078,000
12,703,000
12,243,000
6,874,000
3,613,000
2,395,000
1,590,927
1,756,717
2,742,625
687,884
Other Income Or Grants
Cost Of Sales
3,525,000
4,939,000
4,250,000
3,618,000
3,037,000
2,398,000
2,367,000
1,080,000
531,000
1,050,000
798,311
1,093,225
2,046,565
543,189
Gross Profit
15,310,000
-1,458,000
14,699,000
15,024,000
13,041,000
10,305,000
9,876,000
5,794,000
3,082,000
1,345,000
792,616
663,492
696,060
144,695
Admin Expenses
3,249,000
9,978,000
7,882,000
8,062,000
4,799,000
4,005,000
2,982,000
2,053,000
419,000
-55,944
287,764
606,876
828,232
200,660
Operating Profit
12,061,000
-11,436,000
6,817,000
6,962,000
8,242,000
6,300,000
6,894,000
3,741,000
2,663,000
1,400,944
504,852
56,616
-132,172
-55,965
Interest Payable
193,000
710
1,113
1,600
Interest Receivable
216,000
6,000
14,000
9,000
13,000
10,000
959,000
255,000
35
10
Pre-Tax Profit
12,277,000
-11,430,000
6,831,000
6,971,000
8,255,000
6,310,000
7,660,000
3,996,000
2,663,000
1,029,000
504,142
55,503
-133,737
-55,955
Tax
-2,432,000
2,460,000
-222,000
-972,000
-776,000
-521,000
55,000
-216,000
-10,000
9,629
5,565
9,130
838
Profit After Tax
9,845,000
-8,970,000
6,609,000
5,999,000
7,479,000
5,789,000
7,715,000
3,780,000
2,653,000
1,029,000
513,771
61,068
-124,607
-55,117
Dividends Paid
28,791,000
Retained Profit
9,845,000
-8,970,000
6,609,000
-22,792,000
7,479,000
5,789,000
7,715,000
3,780,000
2,653,000
1,029,000
513,771
61,068
-124,607
-55,117
Employee Costs
8,321,000
9,121,000
12,934,000
9,286,000
7,773,000
6,806,000
6,722,000
3,165,000
816,000
995,000
741,181
480,298
392,626
73,436
Number Of Employees
197
226
247
204
182
158
120
81
49
35
33
27
16
EBITDA*
12,992,000
-10,615,000
7,445,000
7,625,000
8,568,000
6,479,000
7,041,000
3,795,000
2,717,000
5,161,944
567,729
193,889
-31,840
-20,931
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Sep 2009
Tangible Assets
2,000
6,000
11,000
15,000
20,175,000
10,027,000
3,707
19,083
96,983
127,397
Intangible Assets
2,818,000
3,539,000
3,677,000
2,969,000
2,552,000
1,753,000
1,235,000
789,000
788,000
842,000
896,106
950,106
1,005,106
1,058,750
Investments & Other
Debtors (Due After 1 year)
20,175,000
10,027,000
4,012,000
1,599,000
746,530
412,967
Total Fixed Assets
2,820,000
3,545,000
3,688,000
2,984,000
2,552,000
1,753,000
21,410,000
10,816,000
4,800,000
2,441,000
1,646,343
1,382,156
1,102,089
1,186,147
Stock & work in progress
163,253
53,700
Trade Debtors
13,322,000
130,734
1,041,406
17,130
Group Debtors
23,841,000
10,404,000
7,417,000
29,529,000
22,748,000
80,080
Misc Debtors
178,000
3,254,000
2,120,000
701,000
2,000
2,000
5,000
4,000
2,000
10,000
984
25,448
Cash
78,000
355,000
142,000
48,000
7,000
22,000
209,000
46,000
199,000
40,970
43,686
75,204
misc current assets
total current assets
24,097,000
14,013,000
15,584,000
8,166,000
29,538,000
22,772,000
214,000
50,000
201,000
10,000
41,954
174,420
1,204,659
251,562
total assets
26,917,000
17,558,000
19,272,000
11,150,000
32,090,000
24,525,000
21,624,000
10,866,000
5,001,000
2,451,000
1,688,297
1,556,576
2,306,748
1,437,709
Bank overdraft
41,717
Bank loan
68,000
Trade Creditors
1,018,000
268,000
1,000
16,000
697
38,786
1,227,044
454,054
Group/Directors Accounts
998,105
819,927
other short term finances
hp & lease commitments
1,726
1,726
other current liabilities
2,676,000
3,386,000
6,180,000
3,982,000
2,767,000
2,940,000
2,365,000
379,000
158,000
24,000
85,833
199,547
106,758
117,428
total current liabilities
2,676,000
3,386,000
6,180,000
5,000,000
3,035,000
2,940,000
2,365,000
379,000
159,000
108,000
86,530
240,059
2,375,350
1,391,409
loans
80,000
85,000
91,000
663,000
817,000
1,105,235
1,328,910
hp & lease commitments
4,846
Accruals and Deferred Income
other liabilities
113,000
122,000
3,585,000
2,528,000
6,571
provisions
10,298,000
10,298,000
242,000
3,134
total long term liabilities
10,378,000
10,383,000
333,000
113,000
122,000
3,585,000
2,528,000
663,000
817,000
1,105,235
1,333,756
9,705
total liabilities
13,054,000
13,769,000
6,513,000
5,000,000
3,148,000
3,062,000
5,950,000
2,907,000
822,000
925,000
1,191,765
1,573,815
2,385,055
1,391,409
net assets
13,863,000
3,789,000
12,759,000
6,150,000
28,942,000
21,463,000
15,674,000
7,959,000
4,179,000
1,526,000
496,532
-17,239
-78,307
46,300
total shareholders funds
13,863,000
3,789,000
12,759,000
6,150,000
28,942,000
21,463,000
15,674,000
7,959,000
4,179,000
1,526,000
496,532
-17,239
-78,307
46,300
Dec 2022
Dec 2021
Dec 2020
Dec 2019
Dec 2018
Dec 2017
Dec 2016
Aug 2015
Aug 2014
Aug 2013
Aug 2012
Aug 2011
Aug 2010
Sep 2009
Operating Activities
Operating Profit
12,061,000
-11,436,000
6,817,000
6,962,000
8,242,000
6,300,000
6,894,000
3,741,000
2,663,000
1,400,944
504,852
56,616
-132,172
-55,965
Depreciation
17,000
5,000
4,000
2,000
3,707,000
8,877
82,273
46,688
16,701
Amortisation
914,000
816,000
624,000
661,000
326,000
179,000
147,000
54,000
54,000
54,000
54,000
55,000
53,644
18,333
Tax
-2,432,000
2,460,000
-222,000
-972,000
-776,000
-521,000
55,000
-216,000
-10,000
9,629
5,565
9,130
838
Stock
-163,253
109,553
53,700
Debtors
10,361,000
-1,784,000
7,324,000
-21,413,000
6,781,000
2,570,000
10,149,000
6,017,000
2,405,000
861,486
203,813
-497,705
918,748
122,658
Creditors
-1,018,000
750,000
268,000
-1,000
-15,000
15,303
-38,089
-1,188,258
772,990
454,054
Accruals and Deferred Income
-710,000
-2,794,000
2,198,000
1,215,000
-173,000
575,000
1,986,000
221,000
134,000
-61,833
-113,714
92,789
-10,670
117,428
Deferred Taxes & Provisions
10,056,000
242,000
-3,134
3,134
Cash flow from operations
-511,000
891,000
1,321,000
30,031,000
1,106,000
3,963,000
-1,067,000
-2,218,000
421,000
4,253,928
221,742
-238,191
-285,557
375,031
Investing Activities
capital expenditure
-206,000
-678,000
-1,332,000
-1,095,000
-1,125,000
19,478,000
-10,741,000
-10,082,000
-3,703,187
6,499
-4,373
-16,274
-1,221,181
Change in Investments
cash flow from investments
-206,000
-678,000
-1,332,000
-1,095,000
-1,125,000
19,478,000
-10,741,000
-10,082,000
-3,703,187
6,499
-4,373
-16,274
-1,221,181
Financing Activities
Bank loans
-68,000
68,000
Group/Directors Accounts
-998,105
178,178
819,927
Other Short Term Loans
Long term loans
-5,000
-6,000
91,000
-663,000
-154,000
-288,235
-223,675
1,328,910
Hire Purchase and Lease Commitments
-6,572
4,846
1,726
other long term liabilities
-113,000
-9,000
-3,463,000
1,057,000
2,528,000
-6,571
6,571
share issue
229,000
468
101,417
interest
216,000
6,000
14,000
9,000
13,000
10,000
766,000
255,000
-710
-1,113
-1,565
10
cash flow from financing
440,000
105,000
-104,000
4,000
-3,453,000
1,823,000
2,120,000
-222,000
-219,767
-230,957
327,967
184,910
921,354
cash and cash equivalents
cash
-277,000
213,000
94,000
41,000
-15,000
-187,000
163,000
-153,000
199,000
-40,970
-2,716
43,686
-75,204
75,204
overdraft
-41,717
41,717
change in cash
-277,000
213,000
94,000
41,000
-15,000
-187,000
163,000
-153,000
199,000
-40,970
-2,716
85,403
-116,921
75,204
vision dispensing ltd. Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for vision dispensing ltd.. Get real-time insights into vision dispensing ltd.'s credit score, group structure and payment trends.
Perform a competitor analysis for vision dispensing ltd. by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other mid companies, companies in W 8 area or any other competitors across 12 key performance metrics.
vision dispensing ltd. Ownership
VISION DISPENSING LTD. group structure
Vision Dispensing Ltd. has no subsidiary companies.
The sole shareholder of Vision Dispensing Ltd. is Vision Direct Europe Ltd.
vision direct europe ltd
100%
vision dispensing ltd. directors
Vision Dispensing Ltd. currently has 4 directors.
The longest serving directors include
Mr Alessandro Cobelli (Dec 2021) and
Mr Alessandro Cobelli (Dec 2021).
47910 - Retail sale via mail order houses or via Internet
incorporation date
January 2000
age
25
incorporated
UK
ultimate parent company
ESSILORLUXOTTICA SA
accounts
Full Accounts
last accounts submitted
December 2022
previous names
getlenses dispensing ltd (March 2014)
getoptics dispensing ltd (February 2013)
accountant
-
auditor
FORVISMAZARS LLP
address
1 wrights lane, london, W8 5RY
Bank
THE ROYAL BANK OF SCOTLAND PLC
Legal Advisor
-
vision dispensing ltd. 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 found 3 charges/mortgages relating to vision dispensing ltd.. Currently there are 1 open charges and 2 have been satisfied in the past.
vision dispensing ltd. 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 VISION DISPENSING LTD.. This can take several minutes, an email will notify you when this has completed.
vision dispensing ltd.Companies House Filings - See Documents
