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Vision (Birmingham) Ltd

09139057

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

THE BANK BUILDINGS, LANGLEY, B69 4SN
Incorporated 21/07/2014

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

47782
Retail sale by opticians

Officers

Mr Rajiv Chauhan

director · Since 21/07/2014

OPTICIAN

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Persons with Significant Control

Mr Rajiv Chauhan

25–50% shares

British · United Kingdom · Age 40

72 Sir Richards Drive, Harborne, Birmingham, B17 8SH

Notified 06/04/2016

Former PSCs

Sapna Kumari Vasdev

Ceased 06/04/2017

Charges2 outstanding

Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/09/2022Registered 08/10/2022
Charge
outstanding

TOGETHER COMMERCIAL FINANCE LIMITED

Created 30/09/2022Registered 08/10/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 01/02/2018Registered 22/02/2018Satisfied 28/10/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 02/03/2015Registered 18/03/2015Satisfied 28/10/2022
Charge
satisfied

BARCLAYS BANK PLC

Created 28/01/2015Registered 04/02/2015Satisfied 28/10/2022

CompanyRankvs 590+ SIC 47782 peers
53

Financial strength95th percentile among SIC peers · 24/25
Employees64th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.23× · 2/20
Longevity12 years trading (max 15) · 12/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees10/15 pts

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

Liquidity2/20 pts

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

Longevity12/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/03/2025

Net Worth

£495k

Balance sheet strength

Cash

£11k

Cash in the bank

Net Current Assets

-£47k

Working capital

Current Assets

£14k

Current Liabilities

£61k

Fixed Assets

£1.2M

Debtors

£2k

4avg. employees

Tax at Year End

Corp tax£11k

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£1.2M
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20250.23-£40k
20240.13+£13k
20230.18-£6k
20220.23-£532
20210.23+£828
20200.23

Derived from filed accounts. Not audited figures.