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Vision Linens Limited

06603416

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 8 outstanding charges (-10)

Details

DARWEN HOUSE (2ND FLOOR) WALKER INDUSTRIAL ESTATE, WALKER ROAD, BLACKBURN, BB1 2QE
Incorporated 27/05/2008

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

46410
Wholesale of textiles

Officers

Mr Mark Thomas Doyle

director · Since 16/12/2014

FINANCIAL DIRECTOR

IRISH · ENGLAND · Age 47

Also on 8 other boards

Ms Michelle Louise Ryan

director · Since 20/02/2018

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 3 other boards

Tyler Denise Bolden

director · Since 21/06/2019

VICE PRESIDENT AND GENERAL COUNSEL

AMERICAN · UNITED STATES · Age 55

Also on 4 other boards

Jonathan Alexander Storie

director · Since 21/06/2019

CHIEF FINANCIAL OFFICER

AMERICAN · UNITED STATES · Age 57

Also on 4 other boards

Persons with Significant Control

Vision Linens Group Ltd

75–100% shares

Darwen House, Walker Industrial Estate, Walker Road, Blackburn, BB1 2QE

Reg: 05586661 · Companies House · Company Limited By Shares

Notified 01/06/2016

Charges8 outstanding

Charge
outstanding

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LLOYDS BANK PLC

Created 31/03/2022Registered 08/04/2022Satisfied 10/11/2022
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satisfied

LLOYDS BANK PLC

Created 11/12/2018Registered 12/12/2018Satisfied 13/03/2026
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satisfied

LLOYDS BANK PLC

Created 29/09/2014Registered 02/10/2014Satisfied 13/03/2026
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satisfied

LLOYDS BANK COMMERCIAL FINANCE LTD

Created 24/09/2014Registered 25/09/2014Satisfied 13/03/2026
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satisfied

LLOYDS TSB BANK PLC

Created 10/01/2011Registered 12/01/2011Satisfied 13/03/2026
charge
outstanding

DOWNHAM PROPERTIES LIMITED

Created 25/02/2009Registered 17/03/2009
charge
outstanding

DOWNHAM PROPERTIES LIMITED

Created 25/02/2009Registered 27/02/2009
charge
satisfied

GE REAL ESTATE PARTNERS LIMITED

Created 17/12/2008Registered 24/12/2008Satisfied 17/06/2019
charge
satisfied

GE COMMERCIAL FINANCE LIMITED

Created 01/08/2008Registered 08/08/2008Satisfied 19/12/2014
charge
satisfied

HILDEN MANUFACTURING COMPANY LIMITED (SECURITY TRUSTEE)

Created 01/08/2008Registered 07/08/2008Satisfied 03/11/2010
charge
satisfied

EVANNA WRIGHT

Created 01/08/2008Registered 07/08/2008Satisfied 09/10/2012

CompanyRankvs 854+ SIC 46410 peers
44

Financial strength27th percentile among SIC peers · 7/25
Employees99th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.34× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength7/25 pts

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

Employees15/15 pts

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

Liquidity12/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the 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 31/12/2024

Net Worth

£2

Balance sheet strength

Cash

£1.3M

Cash in the bank

Profit Before Tax

£663k

Bottom line earnings

Net Current Assets

£6.2M

Working capital

Current Assets

£24.5M

Current Liabilities

£18.3M

Fixed Assets

£0

Debtors

£11.4M

Cost of Sales

£25.0M

Admin Expenses

£3.0M

Profit After Tax

£567k

32avg. employees-11

Tax at Year End(2021)

Corp tax£0
Dividends paid£2.2M

People Costs

Wages & salaries£1.3M

Balance Sheet

Intangible assets£0
Prepared with CCH Software

EstimatesDerived

YearCurrent Ratio
20241.34
20231.40
20211.43
20201.78
20191.50

Derived from filed accounts. Not audited figures.