Clear Vision Optometrists Limited

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clear vision optometrists limited Company Information

Live

EstablishedSmallDeclining

Company Number

07492063

Website

www.cvo.co.nz

Registered Address

205 trafalgar road, london, SE10 9EQ

Industry

Retail sale by opticians

Telephone

02088582481

Next Accounts Due

October 2025

Group Structure

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Directors

Anita Patel13 Years

Shimir Patel13 Years

Shareholders

anita patel 50%

shimir patel 50%

clear vision optometrists limited Estimated Valuation

£865.4k

Pomanda estimates the enterprise value of CLEAR VISION OPTOMETRISTS LIMITED at £865.4k based on Net Assets of £268.6k and 3.22x industry multiple (adjusted for liquidity).

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Clear Vision Optometrists Limited is a live company located in london, SE10 9EQ with a Companies House number of 07492063. It operates in the retail sale by opticians sector, SIC Code 47782. Founded in January 2011, it's largest shareholder is anita patel with a 50% stake. Clear Vision Optometrists Limited is a established, small sized company, Pomanda has estimated its turnover at £1.5m with declining growth in recent years.

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Pomanda's financial health check has awarded Clear Vision Optometrists Limited a 3.5 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

Health Rating3.5out of 5

3 Strong

2 Regular

5 Weak

Size

annual sales of £1.5m, make it smaller than the average company (£3.7m)

Growth

3 year (CAGR) sales growth of -29%, show it is growing at a slower rate (13.1%)

EXPORT

Clear Vision Optometrists Limited's latest turnover from January 2024 is estimated at £1.5 million and the company has net assets of £268.6 thousand. According to their latest financial statements, Clear Vision Optometrists Limited has 9 employees and maintains cash reserves of 0 as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012
Turnover	1,470,648	1,200,172	914,090	4,146,019	3,563,315	5,536,051	2,409,167	2,633,347	397,851	186,697	36,743	64,201	72,244
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	582,263	414,538	372,685	2,173,335	1,547,525	1,702,347	750,247	871,268	121,253	66,558	12,307	27,294	40,355
Gross Profit	888,385	785,634	541,405	1,972,684	2,015,790	3,833,704	1,658,920	1,762,080	276,598	120,139	24,436	36,907	31,888
Admin Expenses	1,126,457	800,987	549,742	1,819,080	1,858,157	3,756,918	1,561,967	1,715,929	261,399	64,742	-23,655	30,032	29,107
Operating Profit	-238,072	-15,353	-8,337	153,604	157,633	76,786	96,953	46,151	15,199	55,397	48,091	6,875	2,781
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	0	0	0	0	0	0	0	69	239	122	22	9	7
Pre-Tax Profit	-238,072	-15,353	-8,337	153,604	157,633	76,786	96,953	46,220	15,438	55,519	48,113	6,884	2,788
Tax	0	0	0	-29,185	-29,950	-14,589	-18,421	-9,244	-3,087	-11,659	-11,066	-1,652	-725
Profit After Tax	-238,072	-15,353	-8,337	124,419	127,683	62,197	78,532	36,976	12,350	43,860	37,047	5,232	2,063
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	-238,072	-15,353	-8,337	124,419	127,683	62,197	78,532	36,976	12,350	43,860	37,047	5,232	2,063
Employee Costs	292,207	61,009	56,734	23,050	24,696	1,623,743	651,886	810,541	90,765	44,648	21,827	20,662	19,284
Number Of Employees	9	2	2	1	1	65	27	36	4	2	1	1	1
EBITDA*	-238,072	-15,353	-8,337	153,604	157,633	76,786	96,953	46,151	30,201	68,893	61,477	21,362	15,896

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012
Tangible Assets	311,294	322,341	333,930	142,245	154,211	166,720	182,034	192,698	10,207	4,554	5,359	7,145	4,545
Intangible Assets	0	0	0	0	0	0	0	0	58,000	69,600	81,200	92,800	104,400
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Fixed Assets	311,294	322,341	333,930	142,245	154,211	166,720	182,034	192,698	68,207	74,154	86,559	99,945	108,945
Stock & work in progress	0	0	0	0	0	0	0	0	7,100	12,250	8,913	13,370	14,100
Trade Debtors	227,451	484,302	461,169	706,279	425,306	321,833	260,093	159,890	19,372	10,226	1,650	2,436	2,558
Group Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Misc Debtors	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	0	0	0	0	0	0	0	0	54,956	40,632	8,161	817	2,881
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	227,451	484,302	461,169	706,279	425,306	321,833	260,093	159,890	81,428	63,108	18,724	16,623	19,539
total assets	538,745	806,643	795,099	848,524	579,517	488,553	442,127	352,588	149,635	137,262	105,283	116,568	128,484
Bank overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
Bank loan	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Creditors	270,148	299,974	273,077	318,165	173,577	210,296	226,067	215,060	48,983	48,049	59,769	107,744	125,412
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
other short term finances	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
other current liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
total current liabilities	270,148	299,974	273,077	318,165	173,577	210,296	226,067	215,060	48,983	48,049	59,769	107,744	125,412
loans	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
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
other liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0
provisions	0	0	0	0	0	0	0	0	0	911	1,072	1,429	909
total long term liabilities	0	0	0	0	0	0	0	0	0	911	1,072	1,429	909
total liabilities	270,148	299,974	273,077	318,165	173,577	210,296	226,067	215,060	48,983	48,960	60,841	109,173	126,321
net assets	268,597	506,669	522,022	530,359	405,940	278,257	216,060	137,528	100,652	88,302	44,442	7,395	2,163
total shareholders funds	268,597	506,669	522,022	530,359	405,940	278,257	216,060	137,528	100,652	88,302	44,442	7,395	2,163

	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012
Operating Activities
Operating Profit	-238,072	-15,353	-8,337	153,604	157,633	76,786	96,953	46,151	15,199	55,397	48,091	6,875	2,781
Depreciation	0	0	0	0	0	0	0	0	3,402	1,896	1,786	2,887	1,515
Amortisation	0	0	0	0	0	0	0	0	11,600	11,600	11,600	11,600	11,600
Tax	0	0	0	-29,185	-29,950	-14,589	-18,421	-9,244	-3,087	-11,659	-11,066	-1,652	-725
Stock	0	0	0	0	0	0	0	-7,100	-5,150	3,337	-4,457	-730	14,100
Debtors	-256,851	23,133	-245,110	280,973	103,473	61,740	100,203	140,518	9,146	8,576	-786	-122	2,558
Creditors	-29,826	26,897	-45,088	144,588	-36,719	-15,771	11,007	166,077	934	-11,720	-47,975	-17,668	125,412
Accruals and Deferred Income	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	-911	-161	-357	520	909
Cash flow from operations	-11,047	-11,589	191,685	-11,966	-12,509	-15,314	-10,664	69,566	23,141	33,440	7,322	3,414	124,834
Investing Activities
capital expenditure	11,047	11,589	-191,685	11,966	12,509	15,314	10,664	-124,491	-9,055	-1,091	0	-5,487	-122,060
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	11,047	11,589	-191,685	11,966	12,509	15,314	10,664	-124,491	-9,055	-1,091	0	-5,487	-122,060
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Short Term Loans	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
Hire Purchase and Lease Commitments	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
share issue	0	0	0	0	0	0	0	-100	0	0	0	0	100
interest	0	0	0	0	0	0	0	69	239	122	22	9	7
cash flow from financing	0	0	0	0	0	0	0	-31	239	122	22	9	107
cash and cash equivalents
cash	0	0	0	0	0	0	0	-54,956	14,324	32,471	7,344	-2,064	2,881
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	0	0	0	0	0	0	0	-54,956	14,324	32,471	7,344	-2,064	2,881

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

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Perform a competitor analysis for clear vision optometrists 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 SE10 area or any other competitors across 12 key performance metrics.

CLEAR VISION OPTOMETRISTS LIMITED group structure

Clear Vision Optometrists Limited has no subsidiary companies.

Ultimate parent company

CLEAR VISION OPTOMETRISTS LIMITED

07492063

CLEAR VISION OPTOMETRISTS LIMITED Shareholders

anita patel	50%
shimir patel	50%

Clear Vision Optometrists Limited currently has 2 directors. The longest serving directors include Mrs Anita Patel (Jan 2011) and Mr Shimir Patel (Jan 2011).

officer	country	age	start	end	role
Mrs Anita Patel	England	45 years	Jan 2011	-	Director
Mr Shimir Patel	England	43 years	Jan 2011	-	Director

P&L

January 2024

turnover

1.5m

+23%

operating profit

-238.1k

gross margin

60.5%

-7.72%

turnover

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

Balance Sheet

January 2024

net assets

268.6k

-0.47%

total assets

538.7k

-0.33%

cash

net assets

Total assets minus all liabilities

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company number

07492063

Type

Private limited with Share Capital

industry

47782 - Retail sale by opticians

incorporation date

January 2011

ultimate parent company

None

previous names

N/A

address

205 trafalgar road, london, SE10 9EQ

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 clear vision optometrists limited. Currently there are 2 open charges and 0 have been satisfied in the past.

clear vision optometrists limited Company Information

clear vision optometrists limited Estimated Valuation

clear vision optometrists limited Estimated Valuation

clear vision optometrists limited Estimated Valuation

Clear Vision Optometrists Limited Overview

Clear Vision Optometrists Limited Health Check

CLEAR VISION OPTOMETRISTS LIMITED financials

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clear vision optometrists limited Ownership

clear vision optometrists limited directors

clear vision optometrists limited company details

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