Vision Direct Europe Ltd
Registered name: VISION DIRECT EUROPE LTD
Part of Essilorluxottica Sa groupVision Direct Europe Ltd made £32.4m revenue and £2.2m profit in the year to 31 Dec 2024.
Vision Direct Europe Ltd’s revenue fell 29% to £32.4m in the year to 31 Dec 2024, with £2.2m profit. The company is classified under “retail sale via mail order houses or via internet” and is based in London; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- London
- Age
- 18 yrs · since 2008
- Type
- Private Limited Company
Key figures
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 |
|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | £51.3m | £45.6m | £32.4m |
| Cost of sales | −£52.3m | −£42.7m | −£32.1m |
| Gross profit | −£975k | £2.9m | £354k |
| Operating profit | −£5.1m | −£2.6m | £1.5m |
| Profit before tax | £1.8m | −£4.4m | £1.7m |
| Profit after tax | £2.9m | −£1.1m | £2.2m |
| Profit (best available) | £2.9m | −£1.1m | £2.2m |
| Employees (average) | — | — | — |
| Ratios | |||
| Profit margin | 5.6% | −2.5% | 6.7% |
| Gross margin | −1.9% | 6.3% | 1.1% |
| Growth (year on year) | |||
| Revenue growth | — | ▼11.2% | ▼28.9% |
| Profit growth | — | ▼138.8% | — |
| Balance sheet — indirect signals, not revenue | |||
| Net assets | — | — | — |
| Source | Accounts · bulk data Sep 2025 | Accounts · bulk data Sep 2025 | Accounts · bulk data Mar 2026 |
How the business works
- Profit margin
- 6.7%
- Profit ÷ revenue.
- Gross margin
- 1.1%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- 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
- —
- Now —
- Cash at bank
- —
- Now —
- Headcount
- —
- Now —
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Group structure
Ownership chain
- Essilorluxottica Sa (registered outside the UK register)ultimate parent75–100%
- Trifle Holdings Limited75–100%
- Vision Direct Europe Ltdthis company
Bands show the share of ownership each company holds in the one below it.
Subsidiaries (1)
- Vision Dispensing Ltd.Figures not disclosed
Sister companies (5)
- Emnuk LimitedRev. £0 · Profit £0
- Essilor LimitedFigures not disclosed
- Fabris Lane Ltd.Figures not disclosed
- Lenstec Optical Group LimitedActive - Proposal to Strike offFigures not disclosed
- Myoptique Group LtdFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
Sources
Latest figures from accounts for the year to 31 Dec 2024 (profit £2.2m), from the Companies House accounts bulk data published Mar 2026. Spotted an error? Request a correction.
Updated from Companies House on 21 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.