queensway visionplus limited
queensway visionplus limited Company Information
Company Number
06357379
Next Accounts
Nov 2025
Shareholders
queensway specsavers ltd
specsavers uk holdings ltd & queensway 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.ukqueensway visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of QUEENSWAY VISIONPLUS LIMITED at £432.6k based on a Turnover of £723.3k and 0.6x industry multiple (adjusted for size and gross margin).
queensway visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of QUEENSWAY VISIONPLUS LIMITED at £1.4m based on an EBITDA of £389.1k and a 3.5x industry multiple (adjusted for size and gross margin).
queensway visionplus limited Estimated Valuation
Pomanda estimates the enterprise value of QUEENSWAY VISIONPLUS LIMITED at £2.2m based on Net Assets of £780.1k and 2.84x industry multiple (adjusted for liquidity).
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Queensway Visionplus Limited Overview
Queensway Visionplus Limited is a live company located in fareham, PO15 7PA with a Companies House number of 06357379. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in August 2007, it's largest shareholder is queensway specsavers ltd with a 99.6% stake. Queensway Visionplus Limited is a established, small sized company, Pomanda has estimated its turnover at £723.3k with high growth in recent years.
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Queensway Visionplus Limited Health Check
Pomanda's financial health check has awarded Queensway Visionplus Limited a 4.5 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 £723.3k, make it smaller than the average company (£4.1m)
- Queensway Visionplus Limited
£4.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (12.5%)
- Queensway Visionplus Limited
12.5% - Industry AVG
Production
with a gross margin of 54.4%, this company has a higher cost of product (68.1%)
- Queensway Visionplus Limited
68.1% - Industry AVG
Profitability
an operating margin of 53.8% make it more profitable than the average company (5.5%)
- Queensway Visionplus Limited
5.5% - Industry AVG
Employees
with 17 employees, this is below the industry average (33)
17 - Queensway Visionplus Limited
33 - Industry AVG
Pay Structure
on an average salary of £30.9k, the company has an equivalent pay structure (£30.9k)
- Queensway Visionplus Limited
£30.9k - Industry AVG
Efficiency
resulting in sales per employee of £42.5k, this is less efficient (£102k)
- Queensway Visionplus Limited
£102k - Industry AVG
Debtor Days
it gets paid by customers after 11 days, this is near the average (13 days)
- Queensway Visionplus Limited
13 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (43 days)
- Queensway Visionplus Limited
43 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Queensway Visionplus Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 42 weeks, this is more cash available to meet short term requirements (12 weeks)
42 weeks - Queensway Visionplus Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 6.3%, this is a lower level of debt than the average (58.8%)
6.3% - Queensway Visionplus Limited
58.8% - Industry AVG
QUEENSWAY VISIONPLUS LIMITED financials
Queensway Visionplus Limited's latest turnover from February 2024 is estimated at £723.3 thousand and the company has net assets of £780.1 thousand. According to their latest financial statements, Queensway Visionplus Limited has 17 employees and maintains cash reserves of £42.6 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 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 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 | 17 | 16 | 13 | 13 | 15 | 13 | 12 | 12 | |||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | |||||||||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | 266 | 222 | 79 | 125 | 59 | 63 | 28 | ||||||||
| Total Fixed Assets | 266 | 222 | 79 | 125 | 59 | 63 | 28 | ||||||||
| Stock & work in progress | |||||||||||||||
| Trade Debtors | 21,946 | 20,884 | 24,600 | 32,614 | 27,874 | 21,978 | 19,616 | 24,521 | 152,179 | 147,292 | 153,515 | 192,284 | 192,927 | 171,694 | 144,930 |
| Group Debtors | 757,274 | 512,795 | 184,985 | 55,679 | 212,564 | 50,625 | |||||||||
| Misc Debtors | 10,635 | 18,079 | 12,983 | 4,145 | 6,064 | 6 | |||||||||
| Cash | 42,568 | 63,326 | 121,901 | 11,066 | 13,214 | 50,020 | 50,304 | ||||||||
| misc current assets | |||||||||||||||
| total current assets | 832,423 | 551,758 | 285,894 | 158,660 | 100,683 | 247,756 | 69,642 | 125,450 | 152,179 | 147,292 | 153,515 | 192,284 | 192,927 | 171,694 | 144,930 |
| total assets | 832,689 | 551,980 | 285,973 | 158,660 | 100,808 | 247,815 | 69,705 | 125,478 | 152,179 | 147,292 | 153,515 | 192,284 | 192,927 | 171,694 | 144,930 |
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 539 | 2,921 | 11,286 | 8,079 | 4,229 | 1,820 | 2,484 | 2,787 | 43,026 | 11,111 | 21,840 | 30,470 | 50,470 | 31,659 | 13,453 |
| Group/Directors Accounts | 978 | 23,107 | 17,544 | 33,330 | 5,557 | 1,168 | 9,441 | 2,224 | |||||||
| other short term finances | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| other current liabilities | 51,102 | 38,576 | 67,929 | 63,554 | 28,906 | 23,851 | 25,439 | 23,519 | |||||||
| total current liabilities | 52,619 | 64,604 | 96,759 | 104,963 | 38,692 | 26,839 | 37,364 | 28,530 | 43,026 | 11,111 | 21,840 | 30,470 | 50,470 | 31,659 | 13,453 |
| loans | |||||||||||||||
| hp & lease commitments | |||||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | |||||||||||||||
| total long term liabilities | |||||||||||||||
| total liabilities | 52,619 | 64,604 | 96,759 | 104,963 | 38,692 | 26,839 | 37,364 | 28,530 | 43,026 | 11,111 | 21,840 | 30,470 | 50,470 | 31,659 | 13,453 |
| net assets | 780,070 | 487,376 | 189,214 | 53,697 | 62,116 | 220,976 | 32,341 | 96,948 | 109,153 | 136,181 | 131,675 | 161,814 | 142,457 | 140,035 | 131,477 |
| total shareholders funds | 780,070 | 487,376 | 189,214 | 53,697 | 62,116 | 220,976 | 32,341 | 96,948 | 109,153 | 136,181 | 131,675 | 161,814 | 142,457 | 140,035 | 131,477 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Nov 2016 | Nov 2015 | Nov 2014 | Nov 2013 | Nov 2012 | Nov 2011 | Nov 2010 | Nov 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | |||||||||||||||
| Depreciation | |||||||||||||||
| Amortisation | |||||||||||||||
| Tax | |||||||||||||||
| Stock | |||||||||||||||
| Debtors | 238,141 | 329,333 | 185,888 | -52,983 | -144,859 | 214,916 | 19,685 | -77,005 | 4,887 | -6,223 | -38,769 | -643 | 21,233 | 26,764 | 144,930 |
| Creditors | -2,382 | -8,365 | 3,207 | 3,850 | 2,409 | -664 | 2,484 | -40,239 | 31,915 | -10,729 | -8,630 | -20,000 | 18,811 | 18,206 | 13,453 |
| Accruals and Deferred Income | 12,526 | -29,353 | 4,375 | 34,648 | 5,055 | -1,588 | 25,439 | 23,519 | |||||||
| 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 | -22,129 | 5,563 | -15,786 | 27,773 | 4,389 | -8,273 | 9,441 | 2,224 | |||||||
| 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 | 42,568 | -63,326 | -58,575 | 110,835 | -2,148 | -36,806 | 50,020 | 50,304 | |||||||
| overdraft | |||||||||||||||
| change in cash | 42,568 | -63,326 | -58,575 | 110,835 | -2,148 | -36,806 | 50,020 | 50,304 |
queensway visionplus limited Credit Report and Business Information
Queensway Visionplus Limited Competitor Analysis
Perform a competitor analysis for queensway 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.
queensway visionplus limited Ownership
QUEENSWAY VISIONPLUS LIMITED group structure
Queensway Visionplus Limited has no subsidiary companies.
Ultimate parent company
2 parents
QUEENSWAY VISIONPLUS LIMITED
06357379
queensway visionplus limited directors
Queensway Visionplus Limited currently has 6 directors. The longest serving directors include Hammayon Javed (Nov 2007) and Mr Rohullah Aghabozorg (Sep 2010).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Hammayon Javed | 53 years | Nov 2007 | - | Director | |
| Mr Rohullah Aghabozorg | England | 45 years | Sep 2010 | - | Director |
| Mr Nigel Parker | United Kingdom | 58 years | Sep 2010 | - | Director |
| Mr Nigel Parker | Guernsey | 58 years | Sep 2010 | - | Director |
| Mr Douglas Perkins | 82 years | Mar 2015 | - | Director | |
| Mr Jayvin Sookenram | England | 42 years | Sep 2019 | - | Director |
P&L
February 2024turnover
723.3k
+56%
operating profit
389.1k
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
780.1k
+0.6%
total assets
832.7k
+0.51%
cash
42.6k
0%
net assets
Total assets minus all liabilities
queensway visionplus limited company details
company number
06357379
Type
Private limited with Share Capital
industry
47782 - Retail sale by opticians
incorporation date
August 2007
age
18
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
-
queensway 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 queensway visionplus limited.
queensway 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 QUEENSWAY VISIONPLUS LIMITED. This can take several minutes, an email will notify you when this has completed.
queensway visionplus limited Companies House Filings - See Documents
| date | description | view/download |
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