vision tek limited
vision tek limited Company Information
Company Number
09996924
Next Accounts
Nov 2025
Shareholders
udnan aziz
ghulam asghar alahi
View AllGroup Structure
View All
Industry
Retail sale of mobile telephones in specialised stores
Registered Address
555-557 cranbrook road, ilford, IG2 6HE
Website
-vision tek limited Estimated Valuation
Pomanda estimates the enterprise value of VISION TEK LIMITED at £419.4k based on a Turnover of £1.4m and 0.3x industry multiple (adjusted for size and gross margin).
vision tek limited Estimated Valuation
Pomanda estimates the enterprise value of VISION TEK LIMITED at £184.9k based on an EBITDA of £54.1k and a 3.42x industry multiple (adjusted for size and gross margin).
vision tek limited Estimated Valuation
Pomanda estimates the enterprise value of VISION TEK LIMITED at £353.1k based on Net Assets of £129.1k and 2.74x industry multiple (adjusted for liquidity).
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Vision Tek Limited Overview
Vision Tek Limited is a live company located in ilford, IG2 6HE with a Companies House number of 09996924. It operates in the retail sale of mobile telephones sector, SIC Code 47421. Founded in February 2016, it's largest shareholder is udnan aziz with a 47.5% stake. Vision Tek Limited is a young, small sized company, Pomanda has estimated its turnover at £1.4m with healthy growth in recent years.
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Vision Tek Limited Health Check
Pomanda's financial health check has awarded Vision Tek Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs
4 Strong
3 Regular
4 Weak
Size
annual sales of £1.4m, make it larger than the average company (£384.6k)
- Vision Tek Limited
£384.6k - Industry AVG
Growth
3 year (CAGR) sales growth of 4%, show it is growing at a faster rate (2.3%)
- Vision Tek Limited
2.3% - Industry AVG
Production
with a gross margin of 28.4%, this company has a comparable cost of product (28.4%)
- Vision Tek Limited
28.4% - Industry AVG
Profitability
an operating margin of -12.7% make it less profitable than the average company (1.7%)
- Vision Tek Limited
1.7% - Industry AVG
Employees
with 29 employees, this is above the industry average (4)
29 - Vision Tek Limited
4 - Industry AVG
Pay Structure
on an average salary of £23.1k, the company has an equivalent pay structure (£23.1k)
- Vision Tek Limited
£23.1k - Industry AVG
Efficiency
resulting in sales per employee of £48.2k, this is less efficient (£80k)
- Vision Tek Limited
£80k - Industry AVG
Debtor Days
it gets paid by customers after 21 days, this is near the average (26 days)
- Vision Tek Limited
26 days - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Vision Tek Limited
- - Industry AVG
Stock Days
it holds stock equivalent to 13 days, this is less than average (22 days)
- Vision Tek Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 4 weeks, this is less cash available to meet short term requirements (17 weeks)
4 weeks - Vision Tek Limited
17 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 95.3%, this is a higher level of debt than the average (79.1%)
95.3% - Vision Tek Limited
79.1% - Industry AVG
VISION TEK LIMITED financials
Vision Tek Limited's latest turnover from February 2024 is estimated at £1.4 million and the company has net assets of £129.1 thousand. According to their latest financial statements, Vision Tek Limited has 29 employees and maintains cash reserves of £233.3 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 29 | 22 | 22 | 22 | 26 | 21 | 18 | 9 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 42,024 | 56,034 | 74,712 | 98,824 | 128,031 | 151,996 | 133,960 | 48,750 |
| Intangible Assets | 1,292,573 | 1,510,254 | 1,731,197 | 2,051,362 | 1,195,541 | 0 | 0 | 0 |
| Investments & Other | 846,732 | 846,732 | 827,315 | 827,315 | 817,315 | 435,000 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 2,181,329 | 2,413,020 | 2,633,224 | 2,977,501 | 2,140,887 | 586,996 | 133,960 | 48,750 |
| Stock & work in progress | 38,155 | 52,137 | 67,515 | 6,775 | 61,304 | 78,978 | 95,201 | 25,574 |
| Trade Debtors | 81,883 | 255,569 | 331,950 | 25,027 | 0 | 0 | 0 | 33,969 |
| Group Debtors | 0 | 0 | 0 | 35,977 | 184,417 | 0 | 0 | 0 |
| Misc Debtors | 198,940 | 715,100 | 756,179 | 508,646 | 861,513 | 465,980 | 392,171 | 174,340 |
| Cash | 233,310 | 30,085 | 128,257 | 3,517 | 174,013 | 270,984 | 511,799 | 128,831 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 552,288 | 1,052,891 | 1,283,901 | 579,942 | 1,281,247 | 815,942 | 999,171 | 362,714 |
| total assets | 2,733,617 | 3,465,911 | 3,917,125 | 3,557,443 | 3,422,134 | 1,402,938 | 1,133,131 | 411,464 |
| Bank overdraft | 21,433 | 8,220 | 0 | 0 | 0 | 75,560 | 53,923 | 12,910 |
| Bank loan | 0 | 0 | 251,862 | 942,213 | 617,062 | 0 | 0 | 0 |
| Trade Creditors | 0 | 0 | 342,260 | 76,360 | 146,753 | 97,146 | 252,904 | 44,219 |
| Group/Directors Accounts | 0 | 0 | 1,668,997 | 1,132,687 | 240,929 | 4,128 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,546,779 | 3,093,773 | 479,216 | 233,691 | 481,967 | 223,516 | 295,692 | 192,064 |
| total current liabilities | 2,568,212 | 3,101,993 | 2,742,335 | 2,384,951 | 1,486,711 | 400,350 | 602,519 | 249,193 |
| loans | 36,340 | 57,258 | 376,813 | 376,813 | 1,031,779 | 431,619 | 293,159 | 133,266 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 36,340 | 57,258 | 376,813 | 376,813 | 1,031,779 | 431,619 | 293,159 | 133,266 |
| total liabilities | 2,604,552 | 3,159,251 | 3,119,148 | 2,761,764 | 2,518,490 | 831,969 | 895,678 | 382,459 |
| net assets | 129,065 | 306,660 | 797,977 | 795,679 | 903,644 | 570,969 | 237,453 | 29,005 |
| total shareholders funds | 129,065 | 306,660 | 797,977 | 795,679 | 903,644 | 570,969 | 237,453 | 29,005 |
| Feb 2024 | Feb 2023 | Feb 2022 | Feb 2021 | Feb 2020 | Feb 2019 | Feb 2018 | Feb 2017 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 14,010 | 18,677 | 24,904 | 32,943 | 42,678 | 50,666 | 50,070 | 16,250 |
| Amortisation | 217,681 | 217,681 | 217,681 | 227,929 | 0 | 0 | 0 | 0 |
| Tax | ||||||||
| Stock | -13,982 | -15,378 | 60,740 | -54,529 | -17,674 | -16,223 | 69,627 | 25,574 |
| Debtors | -689,846 | -117,460 | 518,479 | -476,280 | 579,950 | 73,809 | 183,862 | 208,309 |
| Creditors | 0 | -342,260 | 265,900 | -70,393 | 49,607 | -155,758 | 208,685 | 44,219 |
| Accruals and Deferred Income | -546,994 | 2,614,557 | 245,525 | -248,276 | 258,451 | -72,176 | 103,628 | 192,064 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 19,417 | 0 | 10,000 | 382,315 | 435,000 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | -251,862 | -690,351 | 325,151 | 617,062 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -1,668,997 | 536,310 | 891,758 | 236,801 | 4,128 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -20,918 | -319,555 | 0 | -654,966 | 600,160 | 138,460 | 159,893 | 133,266 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 203,225 | -98,172 | 124,740 | -170,496 | -96,971 | -240,815 | 382,968 | 128,831 |
| overdraft | 13,213 | 8,220 | 0 | 0 | -75,560 | 21,637 | 41,013 | 12,910 |
| change in cash | 190,012 | -106,392 | 124,740 | -170,496 | -21,411 | -262,452 | 341,955 | 115,921 |
vision tek limited Credit Report and Business Information
Vision Tek Limited Competitor Analysis
Perform a competitor analysis for vision tek 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 IG2 area or any other competitors across 12 key performance metrics.
vision tek limited Ownership
VISION TEK LIMITED group structure
Vision Tek Limited has 4 subsidiary companies.
Ultimate parent company
VISION TEK LIMITED
09996924
4 subsidiaries
vision tek limited directors
Vision Tek Limited currently has 2 directors. The longest serving directors include Mr Ghulam Alahi (Feb 2016) and Mr Udnan Aziz (Feb 2016).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ghulam Alahi | England | 54 years | Feb 2016 | - | Director |
| Mr Udnan Aziz | England | 38 years | Feb 2016 | - | Director |
P&L
February 2024turnover
1.4m
-39%
operating profit
-177.6k
0%
gross margin
28.4%
+3.98%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
February 2024net assets
129.1k
-0.58%
total assets
2.7m
-0.21%
cash
233.3k
+6.76%
net assets
Total assets minus all liabilities
vision tek limited company details
company number
09996924
Type
Private limited with Share Capital
industry
47421 - Retail sale of mobile telephones in specialised stores
incorporation date
February 2016
age
9
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
February 2024
previous names
N/A
accountant
-
auditor
-
address
555-557 cranbrook road, ilford, IG2 6HE
Bank
-
Legal Advisor
-
vision tek 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 vision tek limited.
vision tek 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.
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vision tek limited Companies House Filings - See Documents
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