VISION DIRECT EUROPE LTD
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2027-03-08 (in 10mo)
Last made up 2026-02-22
Watchouts
Cash
—
Latest balance sheet
Net assets
-£6M
+26.9% vs 2023
Employees
0
Average over period
Profit before tax
£2M
+139.6% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £45,559,000 | £32,406,000 | |
| Operating profit | £1,181,000 | £1,500,000 | |
| Profit before tax | -£4,415,000 | £1,747,000 | |
| Net profit | -£1,120,000 | £2,155,000 | |
| Cash | £1,615,000 | — | |
| Total assets less current liabilities | -£7,829,000 | -£5,431,000 | |
| Net assets | -£8,005,000 | -£5,850,000 | |
| Equity | -£8,005,000 | -£5,850,000 | |
| Average employees | 0 | 0 | |
| Wages | — | — | |
| Directors' remuneration | — | £137,000 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-28.9%
£45,559,000 £32,406,000
-
Cash
—
Not reported
-
Net assets
+26.9%
-£8,005,000 -£5,850,000
-
Employees
—
Not reported
-
Operating profit
+27%
£1,181,000 £1,500,000
-
Profit before tax
+139.6%
-£4,415,000 £1,747,000
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 2.6% | 4.6% | |
| Net margin | -2.5% | 6.7% | |
| Return on capital employed | -15.1% | -27.6% | |
| Current ratio | 0.62x | 0.48x | |
| Interest cover | 0.21x | 2.85x |
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 2 times since incorporation
- VISION DIRECT EUROPE LTD 2015-01-02 → present
- GETLENSES LTD. 2013-02-12 → 2015-01-02
- GETOPTICS LTD 2008-03-18 → 2013-02-12
Audit & accounting basis
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- Forvis Mazars
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“In assessing the going concern of the Company, the Directors note the Company had net current liabilities of £6.7m (2023: £12.8m) as at year end 31 December 2024, and net liabilities of £5.9m (2023: £8m) as at that date, with these results primarily driven by amounts owed to fellow group undertakings. However, with parent undertaking support, sufficient funding is available to continue for 12+ months.”
Group structure
- VISION DIRECT EUROPE LTD · parent
- Vision Direct B.V. 100%
- Vision Direct SARL 100%
- Vision Direct Iberia SL 100%
- Vision Dispensing Ltd 100%
Significant events
- “In Q4 2024, the company sold all of its inventory (2023: £8,248,000) to entities within the EssilorLuxottica Group, specifically to Luxottica North Europe for £4,383,000 and to Essilor the Netherlands for £81,000.”
- “In October 2024, Vision Direct Group LTD sold its shares in Vision Direct Europe Ltd to Trifle Holdings Limited at a unit price of $0.01 for the two ordinary shares.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 14 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| A G SECRETARIAL LIMITED | Corporate Secretary | 2025-03-31 | — | — |
| BROCHIER, Thomas Sylvain Claude | Director | 2023-05-23 | Mar 1972 | French |
| COBELLI, Alessandro | Director | 2021-12-09 | Nov 1972 | Italian |
| FUSI, Michal | Director | 2025-03-31 | Dec 1985 | Italian |
Show 14 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| ORANGEFIELD REGISTRARS LIMITED | Corporate Secretary | 2008-03-18 | 2016-02-23 |
| VELOCITY COMPANY SECRETARIAL SERVICES LIMITED | Corporate Secretary | 2016-02-23 | 2024-08-06 |
| HARRISON, Andrew John | Director | 2008-11-28 | 2011-11-07 |
| HENRY, Lena Geraldine | Director | 2016-02-23 | 2019-03-01 |
| KRAFTMAN, Michael Benjamin | Director | 2008-03-18 | 2021-12-09 |
| MEALOR, Ashley James | Director | 2012-03-19 | 2016-02-23 |
| NUESSER, Bernhard | Director | 2019-03-01 | 2021-12-09 |
| O'BRIEN, Brendan Celestine | Director | 2012-03-19 | 2016-02-23 |
| PICAUD, Geraldine | Director | 2016-02-23 | 2016-12-20 |
| RITUCCI, Annachiara | Director | 2023-07-27 | 2025-03-26 |
| RUST, Richard Alan Hayden Mark | Director | 2016-12-20 | 2023-07-27 |
| RUST, Richard Alan Hayden Mark | Director | 2014-01-24 | 2016-02-23 |
| STREETING, Barnaby James | Director | 2021-12-09 | 2023-05-23 |
| VISION DIRECT GROUP LTD | Corporate Director | 2008-09-09 | 2016-02-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Trifle Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2024-10-02 | Active |
| Vision Direct Group Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Ceased 2024-10-02 |
Filing timeline
Last 20 of 111 total filings
Material constitutional events — rename, articles re-file, resolution
- 2024-11-02 MA Memorandum articles
- 2024-10-15 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-03-19 | AA | accounts | Accounts with accounts type full | |
| 2025-12-12 | CH04 | officers | Change corporate secretary company with change date | |
| 2025-09-05 | AAMD | accounts | Accounts amended with accounts type full | |
| 2025-08-07 | AA | accounts | Accounts with accounts type full | |
| 2025-06-09 | AD02 | address | Change sail address company with old address new address | |
| 2025-06-09 | AD04 | address | Move registers to registered office company with new address | |
| 2025-04-03 | AP04 | officers | Appoint corporate secretary company with name date | |
| 2025-04-02 | AP01 | officers | Appoint person director company with name date | |
| 2025-04-01 | TM01 | officers | Termination director company with name termination date | |
| 2025-02-25 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-11-02 | MA | incorporation | Memorandum articles | |
| 2024-10-15 | RESOLUTIONS | resolution | Resolution | |
| 2024-10-04 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2024-10-04 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-08-06 | TM02 | officers | Termination secretary company with name termination date | |
| 2024-07-19 | AA | accounts | Accounts with accounts type full | |
| 2024-05-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-06 | AD03 | address | Move registers to sail company with new address | |
| 2024-04-06 | AD02 | address | Change sail address company with new address |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 7
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.