Back to search

Vision Engineering Limited

00599506

active
Private Limited Company
england wales
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Loss before tax (-10)
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

THE FREEMAN BUILDING GALILEO DRIVE, WOKING, GU23 7ER
Incorporated 26/02/1958

Compliance

Last accounts

31/03/2025

group

Next accounts due

31/12/2026

On track

Confirmation statement

Last: 30/12/2025

Due 13/01/2027

On track

Industry

26701
Manufacture of optical precision instruments

Officers

Mrs Joyce Marie Freeman

director · Since 30/12/1991

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 96

Also on 2 other boards

Mr Graham Peter Francis Mercer

director · Since 30/12/1991

DESIGN & DEVELOPMENT DIRECTOR

BRITISH · ENGLAND · Age 67

Also on 3 other boards

Mr. Mark Edward Curtis Ba (Hons) (Univ Of Wales) Pgce

director · Since 01/05/1995

MANAGING DIRECTOR

BRITISH · ENGLAND · Age 66

Also on 3 other boards

Mr Stephen Arthur Mead

director · Since 06/11/2006

MANUFACTURING DIRECTOR

BRITISH · ENGLAND · Age 67

Mrs. Janet Paula Curtis

director · Since 30/10/2017

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 68

Also on 1 other board

Mr Samuel Neil Thomas Crossley

director · Since 14/08/2023

GROUP MANAGING DIRECTOR

BRITISH · ENGLAND · Age 53

Also on 5 other boards

Harry Curtis

director · Since 01/04/2026

BRITISH · UNITED KINGDOM · Age 34

Persons with Significant Control

Mrs Joyce Marie Freeman

25–50% shares
25–50% votes

British · England · Age 96

The Freeman Building, Galileo Drive, Woking, GU23 7ER

Notified 19/08/2017

Mrs. Janet Paula Curtis

25–50% shares
25–50% votes

British · England · Age 68

The Freeman Building, Galileo Drive, Woking, GU23 7ER

Notified 22/03/2018

Mr. Mark Edward Curtis

25–50% shares
25–50% votes

British · England · Age 66

The Freeman Building, Galileo Drive, Woking, GU23 7ER

Notified 22/03/2018

Former PSCs

Mr. Robin John Freeman

Ceased 19/08/2017

Charges3 outstanding

Charge
satisfied

ELIVIA HOMES (CENTRAL) LIMITED

Created 16/06/2022Registered 28/06/2022Satisfied 12/06/2023
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2021Registered 18/08/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2021Registered 17/08/2021
Charge
outstanding

NATIONAL WESTMINSTER BANK PLC

Created 16/08/2021Registered 17/08/2021
Charge
satisfied

HANDELSBANKEN PLC

Created 07/10/2020Registered 23/10/2020Satisfied 05/01/2023
Charge
satisfied

SVENSKA HANDELSBANKEN AB (PUBL)

Created 15/08/2018Registered 16/08/2018Satisfied 14/10/2021
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 08/11/2016Registered 12/11/2016Satisfied 30/05/2018
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2016Registered 27/08/2016Satisfied 13/02/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2016Registered 27/08/2016Satisfied 13/02/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2016Registered 27/08/2016Satisfied 13/02/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2016Registered 27/08/2016Satisfied 13/02/2019
Charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 23/08/2016Registered 27/08/2016Satisfied 13/02/2019
charge
satisfied

JOSEPH SAMUEL & SON LIMITED

Created 13/02/1995Registered 17/02/1995Satisfied 10/12/1999
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 06/04/1993Registered 22/04/1993Satisfied 03/08/2011
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/02/1993Registered 06/02/1993Satisfied 03/08/2011
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 05/02/1993Registered 06/02/1993Satisfied 13/08/2009
charge
satisfied

MIDLAND BANK PLC

Created 22/04/1992Registered 24/04/1992Satisfied 12/02/1993
charge
satisfied

MIDLAND BANK PLC

Created 11/11/1977Registered 17/11/1977Satisfied 12/02/1993
charge
satisfied

MIDLAND BANK PLC

Created 11/11/1977Registered 16/11/1977Satisfied 12/02/1993
charge
satisfied

TECHNICAL DEVELOPMENT CAPITAL LIMITED

Created 08/04/1968Registered 07/04/1968Satisfied 15/01/1993
charge
satisfied

TECHNICAL DEVELOPMENT CAPITAL LIMITED.

Created 08/02/1967Registered 09/02/1967Satisfied 15/01/1993

CompanyRankvs 21+ SIC 26701 peers
64

Financial strength100th percentile among SIC peers · 25/25
Employees61th percentile among SIC peers · 9/15
LiquidityCurrent ratio 5.47× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
Show leaderboard
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees9/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 31/03/2025

Net Worth

£38.5M

Balance sheet strength

Cash

£7.1M

Cash in the bank

Profit Before Tax

-£3.4M

Bottom line earnings

Net Current Assets

£15.0M

Working capital

Current Assets

£18.3M

Current Liabilities

£3.4M

Fixed Assets

£26.0M

Debtors

£6.1M

Cost of Sales

£15.5M

Admin Expenses

£21.6M

Profit After Tax

-£3.9M

2avg. employees

Tax at Year End

Corp tax£436k
Dividends paid-£42k

People Costs

Wages & salaries£13.4M

Balance Sheet

Intangible assets£0
Bank loans & overdrafts£951k
Assets less current liabilities£20.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20255.47

Derived from filed accounts. Not audited figures.