richmond visionplus limited
richmond visionplus limited Company Information
Company Number
05255253
Next Accounts
Nov 2025
Shareholders
richmond specsavers ltd
specsavers uk holdings ltd & richmond 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.ukrichmond visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND VISIONPLUS LIMITED at £615.6k based on a Turnover of £1m and 0.6x industry multiple (adjusted for size and gross margin).
richmond visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND VISIONPLUS LIMITED at £1.5m based on an EBITDA of £427.6k and a 3.52x industry multiple (adjusted for size and gross margin).
richmond visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of RICHMOND VISIONPLUS LIMITED at £1.7m based on Net Assets of £615.6k and 2.84x industry multiple (adjusted for liquidity).
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Richmond Visionplus Limited Overview
Richmond Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 05255253. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in October 2004, it's largest shareholder is richmond specsavers ltd with a 99.6% stake. Richmond Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £1m with high growth in recent years.
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Richmond Visionplus Limited Health Check
Pomanda's financial health check has awarded Richmond Visionplus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £1m, make it smaller than the average company (£4.1m)
- Richmond Visionplus Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 29%, show it is growing at a faster rate (12.5%)
- Richmond Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
- Richmond Visionplus Limited
68.1% - Industry AVG
Profitability
an operating margin of 41.9% make it more profitable than the average company (5.5%)
- Richmond Visionplus Limited
5.5% - Industry AVG
Employees
with 24 employees, this is below the industry average (33)
24 - Richmond Visionplus Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Richmond Visionplus Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.6k, this is less efficient (£102k)
- Richmond Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (13 days)
- Richmond Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 2 days, this is quicker than average (43 days)
- Richmond Visionplus Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Richmond Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 11 weeks, this is average cash available to meet short term requirements (12 weeks)
11 weeks - Richmond Visionplus Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 10.7%, this is a lower level of debt than the average (58.8%)
10.7% - Richmond Visionplus Limited
58.8% - Industry AVG
RICHMOND VISIONPLUS LIMITED financials
Richmond Visionplus Limited's latest turnover from February 2024 is estimated at £1 million and the company has net assets of £615.6 thousand. According to their latest financial statements, Richmond Visionplus Limited has 24 employees and maintains cash reserves of £16.8 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 | 24 | 25 | 23 | 19 | 15 | 14 | 16 | 16 | |||||||
| 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) | 658 | 695 | 28 | 228 | 141 | 45 | |||||||||
| Total Fixed Assets | 658 | 695 | 28 | 228 | 141 | 45 | |||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 31,108 | 17,295 | 9,487 | 10,728 | 36,481 | 32,435 | 32,875 | 38,897 | 309,826 | 220,646 | 264,509 | 212,687 | 144,760 | 226,942 | 159,927 |
| Group Debtors | 625,723 | 220,579 | 300 | 38,159 | 1,333,408 | 989,627 | 725,177 | 385,701 | |||||||
| Misc Debtors | 14,741 | 12,948 | 24,222 | 6,562 | 4,062 | 5,239 | 5,025 | ||||||||
| Cash | 16,841 | 108,972 | 145,325 | 87,211 | 24,686 | 35,576 | 8,281 | 14,060 | |||||||
| misc current assets | |||||||||||||||
| total current assets | 688,413 | 359,794 | 179,334 | 142,660 | 1,398,637 | 1,062,877 | 766,333 | 443,683 | 309,826 | 220,646 | 264,509 | 212,687 | 144,760 | 226,942 | 159,927 |
| total assets | 689,071 | 360,489 | 179,334 | 142,688 | 1,398,865 | 1,063,018 | 766,378 | 443,683 | 309,826 | 220,646 | 264,509 | 212,687 | 144,760 | 226,942 | 159,927 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 2,862 | 2,723 | 1,704 | 4,905 | 3,579 | 3,636 | 4,011 | 7,773 | 38,918 | 25,062 | 37,257 | 54,643 | 23,587 | 123,406 | 19,930 |
| Group/Directors Accounts | 3,249 | 4,186 | 76,286 | 3,396 | 8,213 | 1,919 | 73,161 | 104,302 | 56,929 | ||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 67,390 | 61,172 | 65,049 | 64,711 | 50,943 | 49,708 | 33,350 | 34,785 | |||||||
| total current liabilities | 73,501 | 68,081 | 143,039 | 73,012 | 62,735 | 55,263 | 110,522 | 146,860 | 95,847 | 25,062 | 37,257 | 54,643 | 23,587 | 123,406 | 19,930 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 73,501 | 68,081 | 143,039 | 73,012 | 62,735 | 55,263 | 110,522 | 146,860 | 95,847 | 25,062 | 37,257 | 54,643 | 23,587 | 123,406 | 19,930 |
| net assets | 615,570 | 292,408 | 36,295 | 69,676 | 1,336,130 | 1,007,755 | 655,856 | 296,823 | 213,979 | 195,584 | 227,252 | 158,044 | 121,173 | 103,536 | 139,997 |
| total shareholders funds | 615,570 | 292,408 | 36,295 | 69,676 | 1,336,130 | 1,007,755 | 655,856 | 296,823 | 213,979 | 195,584 | 227,252 | 158,044 | 121,173 | 103,536 | 139,997 |
| 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 | 420,713 | 217,508 | -21,468 | -1,318,702 | 346,737 | 269,345 | 758,097 | 119,797 | 89,180 | -43,863 | 51,822 | 67,927 | -82,182 | 67,015 | 159,927 |
| Creditors | 139 | 1,019 | -3,201 | 1,326 | -57 | -375 | 4,011 | -31,145 | 13,856 | -12,195 | -17,386 | 31,056 | -99,819 | 103,476 | 19,930 |
| Accruals and Deferred Income | 6,218 | -3,877 | 338 | 13,768 | 1,235 | 16,358 | 33,350 | 34,785 | |||||||
| 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 | -937 | -72,100 | 72,890 | -4,817 | 6,294 | -71,242 | 73,161 | 47,373 | 56,929 | ||||||
| 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 | -92,131 | -36,353 | 58,114 | 62,525 | -10,890 | 27,295 | 8,281 | 14,060 | |||||||
| overdraft | |||||||||||||||
| change in cash | -92,131 | -36,353 | 58,114 | 62,525 | -10,890 | 27,295 | 8,281 | 14,060 |
richmond visionplus limited Credit Report and Business Information
Richmond Visionplus Limited Competitor Analysis
Perform a competitor analysis for richmond 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.
richmond visionplus limited Ownership
RICHMOND VISIONPLUS LIMITED group structure
Richmond Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
RICHMOND VISIONPLUS LIMITED
05255253
richmond visionplus limited directors
Richmond Visionplus Limited currently has 4 directors. The longest serving directors include Mr Lee Penfold (Nov 2004) and Mr Jayesh Solankey (Nov 2007).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Lee Penfold | England | 57 years | Nov 2004 | - | Director |
| Mr Jayesh Solankey | England | 46 years | Nov 2007 | - | Director |
| Mr Nigel Parker | Guernsey | 58 years | Aug 2008 | - | Director |
| Mr Nigel Parker | United Kingdom | 58 years | Aug 2008 | - | Director |
P&L
February 2024turnover
1m
+54%
operating profit
427.6k
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
615.6k
+1.11%
total assets
689.1k
+0.91%
cash
16.8k
-0.85%
net assets
Total assets minus all liabilities
richmond visionplus limited company details
company number
05255253
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
October 2004
age
21
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
-
richmond 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 richmond visionplus limited.
richmond 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 RICHMOND VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
richmond visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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