New Vision Group Limited

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new vision group limited Company Information

Live

MatureMicroDeclining

Company Number

05196236

Website

http://nvg.net

Registered Address

1.02 south harrington building, 182 sefton street, liverpool, L3 4BQ

Industry

Computer consultancy activities

Telephone

01462648332

Next Accounts Due

11 days late

Group Structure

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Directors

Richard Veal4 Years

View All

Shareholders

tourism media limited 100%

new vision group limited Estimated Valuation

£2.4m

Pomanda estimates the enterprise value of NEW VISION GROUP LIMITED at £2.4m based on Net Assets of £1.1m and 2.25x industry multiple (adjusted for liquidity).

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New Vision Group Limited is a live company located in liverpool, L3 4BQ with a Companies House number of 05196236. It operates in the information technology consultancy activities sector, SIC Code 62020. Founded in August 2004, it's largest shareholder is tourism media limited with a 100% stake. New Vision Group Limited is a mature, micro sized company, Pomanda has estimated its turnover at £462.6k with declining growth in recent years.

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Pomanda's financial health check has awarded New Vision Group Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating3.5out of 5

3 Strong

2 Regular

6 Weak

Size

annual sales of £462.6k, make it smaller than the average company (£1.8m)

Growth

3 year (CAGR) sales growth of -14%, show it is growing at a slower rate (4.4%)

EXPORT

New Vision Group Limited's latest turnover from December 2022 is estimated at £462.6 thousand and the company has net assets of £1.1 million. According to their latest financial statements, New Vision Group Limited has 7 employees and maintains cash reserves of £200.5 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	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Turnover	462,597	200,788	449,485	732,662	709,391	923,868	898,596	1,219,312	2,188,603	3,927,554	4,270,743	1,786,662	2,545,232	2,582,312
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	248,557	107,464	231,855	170,707	171,969	154,314	391,616	499,610	911,278	1,491,562	1,516,585	662,687	967,595	955,688
Gross Profit	214,040	93,324	217,630	561,955	537,422	769,554	506,980	719,702	1,277,325	2,435,992	2,754,159	1,123,975	1,577,637	1,626,624
Admin Expenses	189,222	-84,388	186,856	393,474	460,394	597,059	273,978	662,836	1,576,608	2,264,144	2,358,195	1,056,207	1,497,466	1,609,791
Operating Profit	24,818	177,712	30,774	168,481	77,028	172,495	233,002	56,866	-299,283	171,848	395,964	67,768	80,171	16,833
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	9,750	758	197	0	0	0	428	1,155	1,023	884	854	572	1,227	1,078
Pre-Tax Profit	34,568	178,470	30,970	168,481	77,028	172,495	233,430	58,021	-298,260	172,732	396,818	68,339	81,397	17,911
Tax	-6,568	-33,909	-5,884	-12,283	3,547	-4,861	-46,686	-11,604	0	-39,728	-95,236	-17,768	-22,791	-5,015
Profit After Tax	28,000	144,561	25,086	156,198	80,575	167,634	186,744	46,417	-298,260	133,004	301,582	50,571	58,606	12,896
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	28,000	144,561	25,086	156,198	80,575	167,634	186,744	46,417	-298,260	133,004	301,582	50,571	58,606	12,896
Employee Costs	393,035	268,594	297,264	419,016	523,280	747,573	413,286	518,709	924,736	1,624,853	1,730,769	755,796	1,094,625	1,111,558
Number Of Employees	7	5	6	8	9	14	7	9	16	29	32	14	21	21
EBITDA*	25,165	178,795	33,424	170,286	78,853	174,834	253,866	67,644	-282,733	190,371	413,913	83,786	99,034	80,228

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Tangible Assets	97	632	3,158	5,807	6,222	7,048	8,962	33,207	46,067	57,759	55,786	49,740	54,107	60,738
Intangible Assets	0	0	0	0	0	0	0	0	51,500	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	20,000	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	97	632	3,158	5,807	6,222	7,048	8,962	33,207	97,567	77,759	55,786	49,740	54,107	60,738
Stock & work in progress	0	0	0	0	0	0	0	0	10,493	25,000	25,000	28,160	35,500	35,500
Trade Debtors	65,164	5,335	81,982	39,017	19,578	103,425	169,449	213,178	360,410	705,907	747,848	314,322	443,637	423,639
Group Debtors	834,784	816,482	816,422	816,362	816,302	753,587	511,463	271,463	0	0	0	0	0	0
Misc Debtors	5,950	6,668	7,518	33,738	29,202	22,067	87,390	87,456	0	0	0	114,971	379,056	437
Cash	200,544	356,580	250,148	143,201	85,263	110,551	114,596	234,092	227,900	181,334	172,450	169,320	59,279	431,387
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	1,106,442	1,185,065	1,156,070	1,032,318	950,345	989,630	882,898	806,189	598,803	912,241	945,298	626,773	917,472	890,963
total assets	1,106,539	1,185,697	1,159,228	1,038,125	956,567	996,678	891,860	839,396	696,370	990,000	1,001,084	676,513	971,579	951,701
Bank overdraft	0	0	0	0	0	32	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	2,566	2,014	7,751	17,570	4,612	59,088	72,577	156,515	436,982	117,607	268,560	70,917	134,092	302,490
Group/Directors Accounts	0	52,463	147,875	11,189	36,089	69,601	17,183	0	0	0	0	0	0	155,251
other short term finances	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
other current liabilities	44,891	100,138	117,081	147,931	210,629	243,295	345,072	366,180	0	0	0	97,952	282,881	0
total current liabilities	47,457	154,615	272,707	176,690	251,330	372,016	434,832	522,695	436,982	117,607	268,560	168,869	416,973	457,741
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	301,874	295,009	371,711	469,244	467,204
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	12,859	12,859	12,859	12,859	12,859
total long term liabilities	0	0	0	0	0	0	0	0	0	314,733	307,868	384,570	482,103	480,063
total liabilities	47,457	154,615	272,707	176,690	251,330	372,016	434,832	522,695	436,982	432,340	576,428	553,439	899,076	937,804
net assets	1,059,082	1,031,082	886,521	861,435	705,237	624,662	457,028	316,701	259,388	557,660	424,656	123,074	72,503	13,897
total shareholders funds	1,059,082	1,031,082	886,521	861,435	705,237	624,662	457,028	316,701	259,388	557,660	424,656	123,074	72,503	13,897

	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Mar 2016	Mar 2015	Mar 2014	Mar 2013	Mar 2012	Mar 2011	Mar 2010
Operating Activities
Operating Profit	24,818	177,712	30,774	168,481	77,028	172,495	233,002	56,866	-299,283	171,848	395,964	67,768	80,171	16,833
Depreciation	347	1,083	2,650	1,805	1,825	2,339	20,864	10,778	16,550	18,523	17,949	16,018	18,863	20,246
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	43,149
Tax	-6,568	-33,909	-5,884	-12,283	3,547	-4,861	-46,686	-11,604	0	-39,728	-95,236	-17,768	-22,791	-5,015
Stock	0	0	0	0	0	0	-10,493	-10,493	-14,507	0	-3,160	-7,340	0	35,500
Debtors	77,413	-77,437	16,805	24,035	-13,997	110,777	407,892	211,687	-345,497	-41,941	318,555	-393,400	398,617	424,076
Creditors	552	-5,737	-9,819	12,958	-54,476	-13,489	-364,405	-280,467	319,375	-150,953	197,643	-63,175	-168,398	302,490
Accruals and Deferred Income	-55,247	-16,943	-30,850	-62,698	-32,666	-101,777	345,072	366,180	-301,874	6,865	-174,654	-282,462	284,921	467,204
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	-12,859	0	0	0	0	12,859
Cash flow from operations	-113,511	199,643	-29,934	84,228	9,255	-56,070	-209,552	-59,441	81,913	48,496	26,271	121,121	-205,851	398,190
Investing Activities
capital expenditure	188	1,443	-1	-1,390	-999	-425	67,741	53,582	-56,358	-20,496	-23,995	-11,651	-12,232	-124,133
Change in Investments	0	0	0	0	0	0	0	0	-20,000	20,000	0	0	0	0
cash flow from investments	188	1,443	-1	-1,390	-999	-425	67,741	53,582	-36,358	-40,496	-23,995	-11,651	-12,232	-124,133
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-52,463	-95,412	136,686	-24,900	-33,512	52,418	17,183	0	0	0	0	0	-155,251	155,251
Other Short Term Loans	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
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	0	10,896	10,896	-12	0	0	0	0	1,001
interest	9,750	758	197	0	0	0	428	1,155	1,023	884	854	572	1,227	1,078
cash flow from financing	-42,713	-94,654	136,883	-24,900	-33,512	52,418	28,507	12,051	1,011	884	854	572	-154,024	157,330
cash and cash equivalents
cash	-156,036	106,432	106,947	57,938	-25,288	-4,045	-113,304	6,192	46,566	8,884	3,130	110,041	-372,108	431,387
overdraft	0	0	0	0	-32	32	0	0	0	0	0	0	0	0
change in cash	-156,036	106,432	106,947	57,938	-25,256	-4,077	-113,304	6,192	46,566	8,884	3,130	110,041	-372,108	431,387

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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NEW VISION GROUP LIMITED group structure

New Vision Group Limited has no subsidiary companies.

Ultimate parent company

SIMPLEVIEW LLC

#0115776

TOURISM MEDIA LIMITED

09825815

2 parents

NEW VISION GROUP LIMITED

05196236

NEW VISION GROUP LIMITED Shareholders

tourism media limited

100%

New Vision Group Limited currently has 3 directors. The longest serving directors include Mr Richard Veal (Nov 2019) and Mr Richard Veal (Nov 2019).

officer	country	age	start	end	role
Mr Richard Veal	England	55 years	Nov 2019	-	Director
Mr Richard Veal		55 years	Nov 2019	-	Director
Mr Jordan Copland		62 years	Aug 2024	-	Director

P&L

December 2022

turnover

462.6k

+130%

operating profit

24.8k

gross margin

46.3%

-0.45%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2022

net assets

1.1m

+0.03%

total assets

1.1m

-0.07%

cash

200.5k

-0.44%

net assets

Total assets minus all liabilities

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company number

05196236

Type

Private limited with Share Capital

industry

62020 - Computer consultancy activities

incorporation date

August 2004

accounts

Small Company

ultimate parent company

SIMPLEVIEW LLC

previous names

touch vision new media limited (November 2004)

last accounts submitted

December 2022

address

1.02 south harrington building, 182 sefton street, liverpool, L3 4BQ

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 2 charges/mortgages relating to new vision group limited. Currently there are 1 open charges and 1 have been satisfied in the past.

new vision group limited Company Information

new vision group limited Estimated Valuation

new vision group limited Estimated Valuation

new vision group limited Estimated Valuation

New Vision Group Limited Overview

New Vision Group Limited Health Check

NEW VISION GROUP LIMITED financials

new vision group limited Credit Report and Business Information

New Vision Group Limited Competitor Analysis

new vision group limited Ownership

new vision group limited directors

new vision group limited company details

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new vision group limited Companies House Filings - See Documents