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Cash

£435k

-6.9% vs 2024

Net assets

£32m

+22.7% highest in 3 filed years

Employees

167

+3.1% vs 2024

Profit before tax

£6.1m

+44% vs 2024

Watchouts

Facts from the Companies House register and the latest accounts — not a rating

Accounts

3-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31

Metric Trend 2023-12-312024-12-312025-12-31 Δ vs prior
Turnover £43,740,000£40,990,000£43,372,000 +5.8%
Operating profit £7,176,000£4,211,000£6,062,000 +44%
Profit before tax £7,177,000£4,211,000£6,062,000 +44%
Net profit £7,145,000£4,378,000£5,998,000 +37%
Cash £181,000£467,000£435,000 -6.9%
Total assets less current liabilities £24,057,000£26,475,000£32,461,000 +22.6%
Net assets £22,022,000£26,400,000£32,398,000 +22.7%
Equity £22,022,000£26,400,000£32,398,000 +22.7%
Average employees 207162167 +3.1%
Wages £5,992,000£4,861,000£5,487,000 +12.9%
Directors' remuneration ——— —

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2023-12-312024-12-312025-12-31
Operating margin 16.4%10.3%14.0%
Net margin 16.3%10.7%13.8%
Return on capital employed 29.8%15.9%18.7%
Gearing (liabilities / total assets) 63.4%61.3%60.5%
Current ratio 1.60x1.58x1.60x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. BEAVER-VISITEC INTERNATIONAL LIMITED 2010-08-09 → present
  2. BD OPHTHALMIC SYSTEMS LIMITED 2003-06-10 → 2010-08-09
  3. VISITEC LIMITED 1995-08-08 → 2003-06-10
  4. VISITEC (U.K.) LIMITED 1985-02-26 → 1995-08-08

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
PricewaterhouseCoopers LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“Having considered the Group's going concern assessment, the refinancing completed during 2025, the availability of committed borrowing facilities across the Group and the support undertaking provided by BVI Holdings Mayfair Limited, the Directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence and to meet its liabilities as they fall due for a period of at least twelve months from the date of approval of these financial statements. Accordingly, the Directors consider it appropriate to prepare these financial statements on a going concern basis.”

Significant events

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

2 active · 30 resigned

Name Role Appointed Born Nationality
HOLLINGSHEAD, James Richard Director 2026-02-03 Mar 1963 American
RICHARDSON, Sean Director 2021-03-09 Mar 1969 British
Show 30 resigned officers
Name Role Appointed Resigned
ARNOLD, Julie Christine Secretary 1997-12-01 2008-01-08
LUSARDI, Patricia Joy Secretary — 1997-12-01
NEYLON, Anthony Secretary 2008-01-08 2010-07-30
ADAMS, Alex, Country General Manager Director 2008-10-01 2010-07-30
ARNOLD, Julie Christine Director 1997-12-01 2010-07-30
BECKSTEIN, Annabelle Director — 1997-12-01
BECKSTEIN, Eugene Hattery Director — 1997-12-01
BENCH, Michael John Director 1997-01-01 1997-12-01
DAMICO, Joe Director 2010-07-30 2014-07-28
ELSEY, Keith Anthony Lambert Director 1997-12-01 2000-05-17
GIBSON, Kathleen Director 2001-12-11 2002-09-16
HANSON, Alfred John Director 1997-12-01 2007-09-30
HARRIS, Harlan Knowlton Director 2010-08-31 2017-02-17
HATHAWAY, Henry John Director 1995-12-19 1997-12-01
HEALY, Bridget Director 1999-10-01 2003-11-19
HEMINGWAY, Peter Jeremy Director 2017-04-10 2017-09-29
HINAUT, Denis Director 2016-08-19 2025-11-04
KAPFER, Thomas Philip, President & Ceo Director 2010-07-30 2016-08-19
KORANGY, Shervin Joe Director 2017-04-10 2026-02-03
LEE, Graham Ernest Director — 1992-09-01
LEGARRETA, Bernadette Lee Director 2014-07-28 2017-09-29
LUNDGREN, Johnny Director 2007-03-01 2008-10-01
LUSARDI, Patricia Joy Director 1995-12-19 1997-12-01
LUSARDI, Richard John Director — 1997-12-01
MEAD, Dana George Director 2017-04-10 2021-03-09
MURRAY, David Alan Director 2021-03-09 2022-09-26
NEYLON, Anthony Director 2007-03-01 2010-07-30
PATRIACCA, Todd Brooks Director 2025-11-04 2026-03-27
STAUNER, James Philip Director 2010-07-30 2014-07-28
THOMPSON, Stephen Russel Director 1997-12-01 2000-04-06

Ownership

Persons with significant control

Name Kind Nature of control Notified Status
President & Ceo Dana G. Mead, Jr. Individual Significant influence 2016-11-14 Ceased 2016-11-14
President & Ceo Thomas Philip Kapfer Individual Significant influence 2016-07-14 Ceased 2016-08-19
Beaver-Visitec International (Uk) Limited Corporate entity Shares 75–100%, Voting 75–100%, Appoints directors 2016-04-06 Active

Filing timeline

Last 20 of 223 total filings

Date Type Category Description
2026-08-26 AA accounts Accounts with accounts type full
2026-07-09 TM01 officers Termination director company with name termination date PDF
2026-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2026-06-23 AP01 officers Appoint person director company with name date PDF
2026-04-08 TM01 officers Termination director company with name termination date PDF
2026-02-06 TM01 officers Termination director company with name termination date PDF
2026-02-06 AP01 officers Appoint person director company with name date PDF
2025-12-04 AP01 officers Appoint person director company with name date PDF
2025-12-04 TM01 officers Termination director company with name termination date PDF
2025-09-18 AA accounts Accounts with accounts type full
2025-07-16 CS01 confirmation-statement Confirmation statement with no updates PDF
2025-03-12 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2025-03-10 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-10 MR04 mortgage Mortgage satisfy charge full PDF
2025-03-10 MR04 mortgage Mortgage satisfy charge full PDF
2024-10-04 AA accounts Accounts with accounts type full
2024-07-03 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-07-03 AD02 address Change sail address company with old address new address PDF
2023-10-13 AA accounts Accounts with accounts type full
2023-07-10 CS01 confirmation-statement Confirmation statement with no updates PDF

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
0

last 24 months

Officers appointed
1

last 12 months

Officers resigned
3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page