sittingbourne visionplus limited
sittingbourne visionplus limited Company Information
Company Number
04345461
Next Accounts
Nov 2025
Shareholders
sittingbourne specsavers ltd
specsavers uk holdings ltd & sittingbourne specsavers ltd
Group Structure
View All
Industry
Retail sale by opticians
Registered Address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
sittingbourne visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE VISIONPLUS LIMITED at £1m based on a Turnover of £1.7m and 0.61x industry multiple (adjusted for size and gross margin).
sittingbourne visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE VISIONPLUS LIMITED at £90k based on an EBITDA of £25.2k and a 3.58x industry multiple (adjusted for size and gross margin).
sittingbourne visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of SITTINGBOURNE VISIONPLUS LIMITED at £608k based on Net Assets of £214.5k and 2.84x industry multiple (adjusted for liquidity).
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Sittingbourne Visionplus Limited Overview
Sittingbourne Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 04345461. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in December 2001, it's largest shareholder is sittingbourne specsavers ltd with a 99.6% stake. Sittingbourne Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with healthy growth in recent years.
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Sittingbourne Visionplus Limited Health Check
Pomanda's financial health check has awarded Sittingbourne Visionplus Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£4.1m)
- Sittingbourne Visionplus Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 13%, show it is growing at a similar rate (12.5%)
- Sittingbourne Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
- Sittingbourne Visionplus Limited
68.1% - Industry AVG
Profitability
an operating margin of 1.5% make it less profitable than the average company (5.5%)
- Sittingbourne Visionplus Limited
5.5% - Industry AVG
Employees
with 40 employees, this is above the industry average (33)
40 - Sittingbourne Visionplus Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Sittingbourne Visionplus Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.1k, this is less efficient (£102k)
- Sittingbourne Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 10 days, this is earlier than average (13 days)
- Sittingbourne Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (43 days)
- Sittingbourne Visionplus Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Sittingbourne Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 60 weeks, this is more cash available to meet short term requirements (12 weeks)
60 weeks - Sittingbourne Visionplus Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 32.2%, this is a lower level of debt than the average (58.8%)
32.2% - Sittingbourne Visionplus Limited
58.8% - Industry AVG
SITTINGBOURNE VISIONPLUS LIMITED financials
Sittingbourne Visionplus Limited's latest turnover from February 2024 is estimated at £1.7 million and the company has net assets of £214.5 thousand. According to their latest financial statements, Sittingbourne Visionplus Limited has 40 employees and maintains cash reserves of £118.1 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 | 40 | 43 | 37 | 35 | 36 | 38 | 40 | 39 | 41 | ||||||
| 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 | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 838 | 625 | 545 | 453 | 459 | 324 | 358 | 178 | 207 | ||||||
| Total Fixed Assets | 838 | 625 | 545 | 453 | 459 | 324 | 358 | 178 | 207 | ||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 46,978 | 46,362 | 47,810 | 70,192 | 95,662 | 92,989 | 102,681 | 84,042 | 80,226 | 201,175 | 370,937 | 293,591 | 445,668 | 308,079 | 354,655 |
| Group Debtors | 110,774 | 22,336 | 116,910 | 56,136 | 43,036 | 8,510 | 1,657 | 1,295 | |||||||
| Misc Debtors | 39,814 | 48,694 | 41,203 | 15,651 | 31,258 | 16,245 | 169 | 2 | 166 | ||||||
| Cash | 118,129 | 166,110 | 172,025 | 535,439 | 144,465 | 84,951 | 129,459 | 152,046 | 170,284 | ||||||
| misc current assets | |||||||||||||||
| total current assets | 315,695 | 283,502 | 377,948 | 677,418 | 271,385 | 237,221 | 240,819 | 237,747 | 251,971 | 201,175 | 370,937 | 293,591 | 445,668 | 308,079 | 354,655 |
| total assets | 316,533 | 284,127 | 378,493 | 677,871 | 271,844 | 237,545 | 241,177 | 237,925 | 251,971 | 201,382 | 370,937 | 293,591 | 445,668 | 308,079 | 354,655 |
| Bank overdraft | |||||||||||||||
| Bank loan | 30,824 | ||||||||||||||
| Trade Creditors | 5,106 | 8,574 | 5,260 | 10,885 | 19,697 | 26,119 | 10,933 | 9,528 | 3,426 | 203,255 | 56,515 | 60,170 | 90,409 | 143,261 | 126,307 |
| Group/Directors Accounts | 1,413 | 805 | 57,899 | 4,747 | 71,895 | 2,305 | 2,079 | 48,296 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 95,541 | 84,734 | 96,812 | 76,738 | 49,412 | 71,712 | 72,625 | 67,524 | 71,514 | ||||||
| total current liabilities | 102,060 | 94,113 | 159,971 | 92,370 | 141,004 | 100,136 | 85,637 | 125,348 | 105,764 | 203,255 | 56,515 | 60,170 | 90,409 | 143,261 | 126,307 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 102,060 | 94,113 | 159,971 | 92,370 | 141,004 | 100,136 | 85,637 | 125,348 | 105,764 | 203,255 | 56,515 | 60,170 | 90,409 | 143,261 | 126,307 |
| net assets | 214,473 | 190,014 | 218,522 | 585,501 | 130,840 | 137,409 | 155,540 | 112,577 | 146,207 | -1,873 | 314,422 | 233,421 | 355,259 | 164,818 | 228,348 |
| total shareholders funds | 214,473 | 190,014 | 218,522 | 585,501 | 130,840 | 137,409 | 155,540 | 112,577 | 146,207 | -1,873 | 314,422 | 233,421 | 355,259 | 164,818 | 228,348 |
| 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 | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 80,387 | -88,451 | 64,036 | 15,053 | -25,215 | 40,876 | 25,839 | 4,192 | -119,695 | -169,555 | 77,346 | -152,077 | 137,589 | -46,576 | 354,655 |
| Creditors | -3,468 | 3,314 | -5,625 | -8,812 | -6,422 | 15,186 | 1,405 | 6,102 | -199,829 | 146,740 | -3,655 | -30,239 | -52,852 | 16,954 | 126,307 |
| Accruals and Deferred Income | 10,807 | -12,078 | 20,074 | 27,326 | -22,300 | -913 | 5,101 | -3,990 | 71,514 | ||||||
| Deferred Taxes & Provisions | |||||||||||||||
| Cash flow from operations | |||||||||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | -30,824 | 30,824 | |||||||||||||
| Group/Directors Accounts | 608 | -57,094 | 53,152 | -67,148 | 69,590 | 226 | -46,217 | 48,296 | |||||||
| 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 | -47,981 | -5,915 | -363,414 | 390,974 | 59,514 | -44,508 | -22,587 | -18,238 | 170,284 | ||||||
| overdraft | |||||||||||||||
| change in cash | -47,981 | -5,915 | -363,414 | 390,974 | 59,514 | -44,508 | -22,587 | -18,238 | 170,284 |
sittingbourne visionplus limited Credit Report and Business Information
Sittingbourne Visionplus Limited Competitor Analysis
Perform a competitor analysis for sittingbourne 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.
sittingbourne visionplus limited Ownership
SITTINGBOURNE VISIONPLUS LIMITED group structure
Sittingbourne Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
SITTINGBOURNE VISIONPLUS LIMITED
04345461
sittingbourne visionplus limited directors
Sittingbourne Visionplus Limited currently has 3 directors. The longest serving directors include Sharnpal Bains (Sep 2018) and Mrs Mary Perkins (Aug 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Sharnpal Bains | England | 44 years | Sep 2018 | - | Director |
| Mrs Mary Perkins | Guernsey | 81 years | Aug 2024 | - | Director |
| Mr Daniel Bilson | England | 39 years | Aug 2024 | - | Director |
P&L
February 2024turnover
1.7m
+39%
operating profit
25.2k
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
214.5k
+0.13%
total assets
316.5k
+0.11%
cash
118.1k
-0.29%
net assets
Total assets minus all liabilities
sittingbourne visionplus limited company details
company number
04345461
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
December 2001
age
24
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
February 2024
previous names
great grey visionplus limited (April 2002)
accountant
-
auditor
-
address
forum 6, parkway, solent business park whiteley, fareham, PO15 7PA
Bank
-
Legal Advisor
-
sittingbourne 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 sittingbourne visionplus limited.
sittingbourne 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 SITTINGBOURNE VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
sittingbourne visionplus limited Companies House Filings - See Documents
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