Vision Engineering Limited
Registered name: VISION ENGINEERING LIMITED
Vision Engineering Limited made a £3.7m loss in the year to 31 Mar 2025 (revenue not disclosed).
Vision Engineering Limited reported a loss of £3.7m in the year to 31 Mar 2025; its revenue was not disclosed. It had 182 employees. The company is classified under “manufacture of optical precision instruments” and is based in Woking; we hold 2 years of its filed accounts.
- Status
- Active
- Location
- Woking, South East
- Age
- 68 yrs · since 1958
- Type
- Private Limited Company
Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The ultimate controlling parties are M Curtis, J P Curtis and J M Freeman.”
Key figures
This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Mar 2024 | 31 Mar 2025 |
|---|---|---|
| Disclosure | Profit only | Profit only |
| Profit & loss | ||
| Revenue (turnover) | — | — |
| Cost of sales | £17.3m | £15.5m |
| Profit before tax | £1.3m | −£3.4m |
| Profit after tax | £2.1m | −£3.7m |
| Profit (best available) | £2.1m | −£3.7m |
| Staff costs | £10.1m | £10.7m |
| Employees (average) | 171 | 182 |
| Ratios | ||
| Profit margin | — | — |
| Profit per employee | £12.4k | −£20.4k |
| Growth (year on year) | ||
| Profit growth | — | ▼274.6% |
| Headcount growth | — | ▲6.4% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £8.2m | £3.6m |
| Net assets | £43m | £38.4m |
| Fixed assets | £27.7m | £26m |
| Current assets | £22.4m | £18.3m |
| Debtors | £3.9m | £3.5m |
| Deferred income | £1.3m | £912k |
| Source | FullAccounts · bulk data Dec 2025 | FullAccounts · bulk data Dec 2025 |
How the business works
- Profit margin
- —
- Profit ÷ revenue.
- Gross margin
- —
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- −£20.4k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼11%
- Now £38.4m
- Cash at bank
- ▼56%
- Now £3.6m
- Headcount
- ▲6%
- Now 182
- Deferred income
- ▼30%
- Now £912k
- Fixed assets
- ▼6%
- Now £26m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Subsidiaries (1)
- Milturn LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Mar 2025 (profit −£3.7m), from the Companies House accounts bulk data published Dec 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.