EUROPEAN VISION LIMITED

1. EUROPEAN VISION LIMITED 2009-05-05 → present
2. DOLLOND & AITCHISON LIMITED 1995-06-12 → 2009-05-05
3. DOLLOND & AITCHISON GROUP (HOLDINGS) LIMITED 1994-07-04 → 1995-06-12
4. DOLLOND & AITCHISON GROUP PLC 1956-12-17 → 1994-07-04

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

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Hillier Hopkins LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The financial statements are prepared on a going concern basis with a reported operating profit of £2,045k for the year to 31 December 2024 (2023: loss of £272k). The directors have prepared cash flow forecasts for a period of 12 months from the date of approval of these financial statements which indicate that, taking account of reasonably possible downsides, the company will have sufficient funds to meet its liabilities as they fall due for that period. The company funds its operations out of its available cash balances and cash is generated from the sale of investment properties, rental income and dividend receipts from the Boots Optical Investment Holdings Limited investment.”

Group structure

1. EUROPEAN VISION LIMITED · parent
   1. Dollond & Aitchison Pension Trustees Limited 100% · England & Wales · dormant company

Significant events

• “The Virgin Media Ltd v NTL Pension Trustees decision, handed down by the High Court on 16 June 2023, considered the implications of section 37 of the Pension Schemes Act 1993. In a judgment delivered on 25 July 2024, the Court of Appeal unanimously upheld the decision of the High Court and the case has the potential material consequences for the Defined Benefit scheme which previously contracted-out of the state pension scheme. The Directors will investigate the possible implications with their advisers in due course, but it is not possible at present to estimate the potential impact, if any, on the Scheme's liabilities.”

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

Filings

5

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +6.7%

  £638,000 → £681,000

• Cash

  +93.4%

  £10,152,000 → £19,633,000

• Net assets

  +7.9%

  £82,040,000 → £88,548,000

• Employees

  0%

  1 → 1

• Operating profit

  +851.8%

  -£272,000 → £2,045,000

• Profit before tax

  +112.8%

  £6,032,000 → £12,839,000

• Wages

  -92.6%

  £271,000 → £20,000

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