Lisburn Visionplus Limited

POWER SEARCH PRICING

SOLUTIONS

lisburn visionplus limited Company Information

Live

MatureSmallDeclining

Company Number

NI049278

Website

http://specsavers.co.uk

Registered Address

11 bow street, lisburn, northern ireland, BT28 1BJ

Industry

Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

Telephone

02892092018

Next Accounts Due

November 2024

Group Structure

View All

Directors

Natalie Latham20 Years

Leanne Lindsay3 Years

Shareholders

lisburn specsavers limited 99.6%

specsavers uk holdings ltd & lisburn specsavers ltd 0.4%

lisburn visionplus limited Estimated Valuation

£832k

Pomanda estimates the enterprise value of LISBURN VISIONPLUS LIMITED at £832k based on Net Assets of £270.3k and 3.08x industry multiple (adjusted for liquidity).

Edit your figures and get a professional valuation report.

Lisburn Visionplus Limited is a live company located in northern ireland, BT28 1BJ with a Companies House number of NI049278. It operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) sector, SIC Code 47789. Founded in January 2004, it's largest shareholder is lisburn specsavers limited with a 99.6% stake. Lisburn Visionplus Limited is a mature, small sized company, Pomanda has estimated its turnover at £734.6k with declining growth in recent years.

View Sample

Upgrade for unlimited company reports & a free credit check

Pomanda's financial health check has awarded Lisburn Visionplus Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs

Health Rating4out of 5

4 Strong

1 Regular

6 Weak

Size

annual sales of £734.6k, make it smaller than the average company (£7.2m)

Growth

3 year (CAGR) sales growth of -1%, show it is growing at a slower rate (4.2%)

EXPORT

Lisburn Visionplus Limited's latest turnover from February 2023 is estimated at £734.6 thousand and the company has net assets of £270.3 thousand. According to their latest financial statements, Lisburn Visionplus Limited has 27 employees and maintains cash reserves of £237.9 thousand as reported in the balance sheet.

Data source: Companies House, Pomanda Estimates

	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Turnover	734,570	613,213	533,248	763,039	624,925	596,699	680,010	745,099	509,982	1,277,143	1,134,925	1,136,010	1,120,606	962,595
Other Income Or Grants	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cost Of Sales	521,042	433,363	390,983	557,137	446,983	422,144	489,569	541,714	378,364	934,193	808,521	825,079	807,169	677,539
Gross Profit	213,527	179,850	142,265	205,902	177,942	174,556	190,441	203,385	131,618	342,950	326,404	310,932	313,437	285,056
Admin Expenses	134,233	121,624	138,829	144,446	185,733	102,738	214,145	162,458	283,473	321,933	343,644	250,585	332,194	56,606
Operating Profit	79,294	58,226	3,436	61,456	-7,791	71,818	-23,704	40,927	-151,855	21,017	-17,240	60,347	-18,757	228,450
Interest Payable	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Receivable	9,402	934	113	404	177	152	120	148	0	0	0	0	0	0
Pre-Tax Profit	88,696	59,159	3,549	61,860	-7,614	71,970	-23,584	41,075	-151,855	21,017	-17,240	60,347	-18,757	228,450
Tax	-16,852	-11,240	-674	-11,753	0	-13,674	0	-8,215	0	-4,834	0	-15,690	0	-63,966
Profit After Tax	71,844	47,919	2,875	50,107	-7,614	58,296	-23,584	32,860	-151,855	16,183	-17,240	44,657	-18,757	164,484
Dividends Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Retained Profit	71,844	47,919	2,875	50,107	-7,614	58,296	-23,584	32,860	-151,855	16,183	-17,240	44,657	-18,757	164,484
Employee Costs	689,850	623,766	577,391	585,766	558,745	540,903	511,867	517,716	58,352	136,032	117,021	108,218	112,604	83,003
Number Of Employees	27	26	26	26	25	25	25	26	3	7	6	6	6	5
EBITDA*	79,294	58,226	3,436	61,456	-7,791	71,818	-23,704	40,927	-151,855	21,017	-17,240	60,347	-18,757	228,450

* Earnings Before Interest, Tax, Depreciation and Amortisation

	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Tangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments & Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors (Due After 1 year)	0	0	478	580	411	569	282	197	218	218	0	0	0	0
Total Fixed Assets	0	0	478	580	411	569	282	197	218	218	0	0	0	0
Stock & work in progress	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Trade Debtors	18,936	22,670	15,012	76,106	16,084	14,064	17,496	39,161	77,882	217,502	200,933	209,587	188,168	186,214
Group Debtors	77,269	54,882	74,433	74,864	118,511	116,977	40,962	33,104	0	0	0	0	0	0
Misc Debtors	9,913	7,342	3,258	2,958	1,114	3,017	2,318	0	0	0	0	0	0	0
Cash	237,874	232,219	141,191	84,722	23,127	24,076	36,839	59,321	0	0	0	0	0	0
misc current assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total current assets	343,992	317,113	233,894	238,650	158,836	158,134	97,615	131,586	77,882	217,502	200,933	209,587	188,168	186,214
total assets	343,992	317,113	234,372	239,230	159,247	158,703	97,897	131,783	78,100	217,720	200,933	209,587	188,168	186,214
Bank overdraft	0	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	0
Trade Creditors	1,557	555	2,926	5,032	4,637	3,186	2,450	4,318	40,508	28,273	27,669	19,083	42,321	21,610
Group/Directors Accounts	1,213	45,724	2,382	5,806	3,430	1,802	3,028	1,444	0	0	0	0	0	0
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	70,927	72,383	78,532	80,735	53,630	48,551	45,551	55,569	0	0	0	0	0	0
total current liabilities	73,697	118,662	83,840	91,573	61,697	53,539	51,029	61,331	40,508	28,273	27,669	19,083	42,321	21,610
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	0	0	0	0	0
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	0	0	0	0	0
total long term liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0
total liabilities	73,697	118,662	83,840	91,573	61,697	53,539	51,029	61,331	40,508	28,273	27,669	19,083	42,321	21,610
net assets	270,295	198,451	150,532	147,657	97,550	105,164	46,868	70,452	37,592	189,447	173,264	190,504	145,847	164,604
total shareholders funds	270,295	198,451	150,532	147,657	97,550	105,164	46,868	70,452	37,592	189,447	173,264	190,504	145,847	164,604

	Feb 2023	Feb 2022	Feb 2021	Feb 2020	Feb 2019	Feb 2018	Jan 2017	Jan 2016	Jan 2015	Jan 2014	Jan 2013	Jan 2012	Jan 2011	Jan 2010
Operating Activities
Operating Profit	79,294	58,226	3,436	61,456	-7,791	71,818	-23,704	40,927	-151,855	21,017	-17,240	60,347	-18,757	228,450
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Amortisation	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Tax	-16,852	-11,240	-674	-11,753	0	-13,674	0	-8,215	0	-4,834	0	-15,690	0	-63,966
Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Debtors	21,224	-8,287	-61,327	18,388	1,493	73,569	-11,404	-5,638	-139,620	16,787	-8,654	21,419	1,954	186,214
Creditors	1,002	-2,371	-2,106	395	1,451	736	-1,868	-36,190	12,235	604	8,586	-23,238	20,711	21,610
Accruals and Deferred Income	-1,456	-6,149	-2,203	27,105	5,079	3,000	-10,018	55,569	0	0	0	0	0	0
Deferred Taxes & Provisions	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash flow from operations	40,764	46,753	59,780	58,815	-2,754	-11,689	-24,186	57,729	0	0	0	0	0	-120
Investing Activities
capital expenditure	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
cash flow from investments	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Financing Activities
Bank loans	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Group/Directors Accounts	-44,511	43,342	-3,424	2,376	1,628	-1,226	1,584	1,444	0	0	0	0	0	0
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	0	0	0	0	0	0	0	120
interest	9,402	934	113	404	177	152	120	148	0	0	0	0	0	0
cash flow from financing	-35,109	44,276	-3,311	2,780	1,805	-1,074	1,704	1,592	0	0	0	0	0	120
cash and cash equivalents
cash	5,655	91,028	56,469	61,595	-949	-12,763	-22,482	59,321	0	0	0	0	0	0
overdraft	0	0	0	0	0	0	0	0	0	0	0	0	0	0
change in cash	5,655	91,028	56,469	61,595	-949	-12,763	-22,482	59,321	0	0	0	0	0	0

Very Low Risk70 - 100

Low Risk50 - 70

Moderate Risk30 - 50

High Risk20 - 30

Very High Risk0 - 20

Get a comprehensive credit check for lisburn visionplus limited. Get real-time insights into lisburn visionplus limited's credit score, group structure and payment trends.

From as little as £6.99

This will not impact your credit rating!

View Credit Report Sample

Perform a competitor analysis for lisburn 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 BT28 area or any other competitors across 12 key performance metrics.

LISBURN VISIONPLUS LIMITED group structure

Lisburn Visionplus Limited has no subsidiary companies.

Ultimate parent company

SPECSAVERS OPTICAL SUPERSTORES LIMITED

01721624

LISBURN SPECSAVERS LIMITED

NI049277

2 parents

LISBURN VISIONPLUS LIMITED

NI049278

LISBURN VISIONPLUS LIMITED Shareholders

lisburn specsavers limited	99.58%
specsavers uk holdings ltd & lisburn specsavers ltd	0.42%

Lisburn Visionplus Limited currently has 2 directors. The longest serving directors include Ms Natalie Latham (Jul 2004) and Ms Leanne Lindsay (Oct 2021).

officer	country	age	start	end	role
Ms Natalie Latham		48 years	Jul 2004	-	Director
Ms Leanne Lindsay		47 years	Oct 2021	-	Director

P&L

February 2023

turnover

734.6k

+20%

operating profit

79.3k

gross margin

29.1%

-0.89%

turnover

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

Balance Sheet

February 2023

net assets

270.3k

+0.36%

total assets

344k

+0.08%

cash

237.9k

+0.02%

net assets

Total assets minus all liabilities

Similar Companies

tranquil space designs ltd

christmas store ltd - the

1.5

the ciggie shop portadown (ni) ltd

2.5

lavin enterprises ltd

penguin trading ltd

1.5

company number

NI049278

Type

Private limited with Share Capital

industry

47789 - Other retail sale of new goods in specialised stores (other than by opticians or commercial art galleries), n.e.c

incorporation date

January 2004

accounts

Audit Exemption Subsidiary

ultimate parent company

SPECSAVERS OPTICAL SUPERSTORES LIMITED

previous names

N/A

last accounts submitted

February 2023

address

11 bow street, lisburn, northern ireland, BT28 1BJ

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 lisburn visionplus limited.

lisburn visionplus limited Company Information

lisburn visionplus limited Estimated Valuation

lisburn visionplus limited Estimated Valuation

lisburn visionplus limited Estimated Valuation

Lisburn Visionplus Limited Overview

Lisburn Visionplus Limited Health Check

LISBURN VISIONPLUS LIMITED financials

lisburn visionplus limited Credit Report and Business Information

Lisburn Visionplus Limited Competitor Analysis

lisburn visionplus limited Ownership

lisburn visionplus limited directors

lisburn visionplus limited company details

lisburn visionplus limited Charges & Mortgages

lisburn visionplus limited Companies House Filings - See Documents