vetlife

Live MatureSmallRapid

vetlife Company Information

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Company Number

00153010

Directors

Paul Horwood

James Russell

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Shareholders

-

Group Structure

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Industry

Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

 

Registered Address

7 mansfield street, london, W1G 9NQ

vetlife Estimated Valuation

£747.2k

Pomanda estimates the enterprise value of VETLIFE at £747.2k based on a Turnover of £1.2m and 0.64x industry multiple (adjusted for size and gross margin).

vetlife Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of VETLIFE at £3.3m based on an EBITDA of £781.3k and a 4.27x industry multiple (adjusted for size and gross margin).

vetlife Estimated Valuation

£21.4m

Pomanda estimates the enterprise value of VETLIFE at £21.4m based on Net Assets of £9.1m and 2.35x industry multiple (adjusted for liquidity).

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Vetlife Overview

Vetlife is a live company located in london, W1G 9NQ with a Companies House number of 00153010. It operates in the other professional, scientific and technical activities n.e.c. sector, SIC Code 74909. Founded in February 1919, it's largest shareholder is unknown. Vetlife is a mature, small sized company, Pomanda has estimated its turnover at £1.2m with rapid growth in recent years.

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Vetlife Health Check

Pomanda's financial health check has awarded Vetlife a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 2 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

5 Strong

positive_score

2 Regular

positive_score

2 Weak

size

Size

annual sales of £1.2m, make it smaller than the average company (£2.9m)

£1.2m - Vetlife

£2.9m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 30%, show it is growing at a faster rate (7.2%)

30% - Vetlife

7.2% - Industry AVG

production

Production

with a gross margin of 45%, this company has a comparable cost of product (45%)

45% - Vetlife

45% - Industry AVG

profitability

Profitability

an operating margin of 66.9% make it more profitable than the average company (5.6%)

66.9% - Vetlife

5.6% - Industry AVG

employees

Employees

with 6 employees, this is below the industry average (23)

6 - Vetlife

23 - Industry AVG

paystructure

Pay Structure

on an average salary of £50.9k, the company has an equivalent pay structure (£53.5k)

£50.9k - Vetlife

£53.5k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £194.8k, this is more efficient (£126.2k)

£194.8k - Vetlife

£126.2k - Industry AVG

debtordays

Debtor Days

There is insufficient data available for this Key Performance Indicator!

- - Vetlife

- - Industry AVG

creditordays

Creditor Days

There is insufficient data available for this Key Performance Indicator!

- - Vetlife

- - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Vetlife

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 118 weeks, this is more cash available to meet short term requirements (25 weeks)

118 weeks - Vetlife

25 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 1.7%, this is a lower level of debt than the average (53.2%)

1.7% - Vetlife

53.2% - Industry AVG

VETLIFE financials

EXPORTms excel logo

Vetlife's latest turnover from December 2023 is £1.2 million and the company has net assets of £9.1 million. According to their latest financial statements, Vetlife has 6 employees and maintains cash reserves of £363.5 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Turnover1,168,665914,534776,941531,153810,841799,044687,899552,519687,068533,360541,088516,517529,604457,632393,144
Other Income Or Grants000000000000000
Cost Of Sales643,317518,342447,376299,981456,022450,755381,315292,349365,161283,744286,476273,161279,317230,6970
Gross Profit525,348396,192329,565231,172354,819348,289306,584260,170321,907249,616254,612243,356250,287226,9350
Admin Expenses-255,993988,664-926,833585,663-469,532145,031268,508168,23225,659112,928155,41577,9311,10248,091-722,710
Operating Profit781,341-592,4721,256,398-354,491824,351203,25838,07691,938296,248136,68899,197165,425249,185178,844722,710
Interest Payable000000000000000
Interest Receivable000005,156000000000
Pre-Tax Profit600,911-579,3311,018,524-353,911671,690168,81533,50474,699239,561110,24878,343127,664185,842130,211521,213
Tax000000000000000
Profit After Tax600,911-579,3311,018,524-353,911671,690168,81533,50474,699239,561110,24878,343127,664185,842130,211521,213
Dividends Paid000000000000000
Retained Profit600,911-579,3311,018,524-353,911671,690168,81533,50474,699239,561110,24878,343127,664185,842130,211521,213
Employee Costs305,393243,232185,862161,221124,78388,32283,625219,91888,70787,406212,73341,09346,06839,3850
Number Of Employees654432252251110
EBITDA*781,341-592,4721,256,398-354,491824,351203,25838,07691,938296,248136,68899,197165,425249,185178,844722,710

* Earnings Before Interest, Tax, Depreciation and Amortisation

Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Tangible Assets854,500854,500694,040694,040694,0407,056,852694,040694,040605,000605,000605,000605,000605,000605,000293,000
Intangible Assets000000000000000
Investments & Other7,799,3637,390,8648,121,2786,965,4387,068,95906,805,9656,362,7335,857,7615,548,0355,674,5285,040,1064,909,2625,035,6904,541,770
Debtors (Due After 1 year)000000000000000
Total Fixed Assets8,653,8638,245,3648,815,3187,659,4787,762,9997,056,8527,500,0057,056,7736,462,7616,153,0356,279,5285,645,1065,514,2625,640,6904,834,770
Stock & work in progress000000000000000
Trade Debtors000000000005,6255,76300
Group Debtors000000000000000
Misc Debtors53,28642,09035,12137,42456,628065,539111,44096,58677,32027,00646,98940,665111,99289,448
Cash363,456393,646357,278473,608687,155618,533756,370558,234590,090691,360455,393563,481458,031323,076478,769
misc current assets200,00000000000000000
total current assets616,742435,736392,399511,032743,783771,775821,909669,674686,676768,680482,399616,095504,459435,068568,217
total assets9,270,6058,681,1009,207,7178,170,5108,506,7827,828,6278,321,9147,726,4477,149,4376,921,7156,761,9276,261,2016,018,7216,075,7585,402,987
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 000000000000000
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities159,387170,793118,07999,39681,7570127,81266,99256,44474,58881,66676,90560,18761,01358,344
total current liabilities159,387170,793118,07999,39681,75775,292127,81266,99256,44474,58881,66676,90560,18761,01358,344
loans000000000000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000000
provisions000000000000000
total long term liabilities000000000000000
total liabilities159,387170,793118,07999,39681,75775,292127,81266,99256,44474,58881,66676,90560,18761,01358,344
net assets9,111,2188,510,3079,089,6388,071,1148,425,0257,753,3358,194,1027,659,4557,092,9936,847,1276,680,2616,184,2965,958,5346,014,7455,344,643
total shareholders funds9,111,2188,510,3079,089,6388,071,1148,425,0257,753,3358,194,1027,659,4557,092,9936,847,1276,680,2616,184,2965,958,5346,014,7455,344,643
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
Operating Activities
Operating Profit781,341-592,4721,256,398-354,491824,351203,25838,07691,938296,248136,68899,197165,425249,185178,844722,710
Depreciation000000000000000
Amortisation000000000000000
Tax000000000000000
Stock000000000000000
Debtors11,1966,969-2,303-19,20456,628-65,539-45,90114,85419,26650,314-25,6086,186-65,56422,54489,448
Creditors000000000000000
Accruals and Deferred Income-11,40652,71418,68317,63981,757-127,81260,82010,548-18,144-7,0784,76116,718-8262,66958,344
Deferred Taxes & Provisions000000000000000
Cash flow from operations758,739-546,7271,277,384-317,648849,480140,985144,79787,632258,83879,296129,566175,957313,923158,969691,606
Investing Activities
capital expenditure00000-6,362,81257,911-102,249-303,421183,111000-312,000-293,000
Change in Investments408,499-730,4141,155,840-103,5217,068,959-6,805,965443,232504,972309,726-126,493634,422130,844-126,428493,9204,541,770
cash flow from investments-408,499730,414-1,155,840103,521-7,068,959443,153-385,321-607,221-613,147309,604-634,422-130,844126,428-805,920-4,834,770
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities000000000000000
share issue00000-609,582501,143491,7636,30556,618417,62298,098-242,053539,8914,823,430
interest000005,156000000000
cash flow from financing00000-604,426501,143491,7636,30556,618417,62298,098-242,053539,8914,823,430
cash and cash equivalents
cash-30,19036,368-116,330-213,54768,622-137,837198,136-31,856-101,270235,967-108,088105,450134,955-155,693478,769
overdraft000000000000000
change in cash-30,19036,368-116,330-213,54768,622-137,837198,136-31,856-101,270235,967-108,088105,450134,955-155,693478,769

vetlife Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vetlife Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for vetlife by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in W1G area or any other competitors across 12 key performance metrics.

vetlife Ownership

VETLIFE group structure

Vetlife has no subsidiary companies.

Ultimate parent company

VETLIFE

00153010

VETLIFE Shareholders

--

vetlife directors

Vetlife currently has 12 directors. The longest serving directors include Mr Paul Horwood (Jul 2018) and Mr James Russell (Feb 2020).

officercountryagestartendrole
Mr Paul HorwoodEngland48 years Jul 2018- Director
Mr James RussellUnited Kingdom47 years Feb 2020- Director
Dr Nichola Saunders Harris58 years Nov 2020- Director
Dr Kirstie Pickles51 years Nov 2020- Director
Mr John Chitty57 years Nov 2020- Director
Dr Christopher Freeman70 years Nov 2020- Director
Dr James Glass57 years Sep 2022- Director
Ms Robyn Lowe30 years Sep 2022- Director
Mrs Josephine OakdenEngland38 years Oct 2022- Director
Dr Elizabeth Barton46 years Sep 2023- Director

P&L

December 2023

turnover

1.2m

+28%

operating profit

781.3k

0%

gross margin

45%

+3.77%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

December 2023

net assets

9.1m

+0.07%

total assets

9.3m

+0.07%

cash

363.5k

-0.08%

net assets

Total assets minus all liabilities

vetlife company details

company number

00153010

Type

Private Ltd By Guarantee w/o Share Cap

industry

74909 - Other professional, scientific and technical activities (not including environmental consultancy or quantity surveying) n.e.c.

incorporation date

February 1919

age

106

incorporated

UK

ultimate parent company

None

accounts

Full Accounts

last accounts submitted

December 2023

previous names

veterinary benevolent fund (July 2022)

victoria veterinary benevolent fund limited (December 1978)

accountant

-

auditor

BUZZACOTT LLP

address

7 mansfield street, london, W1G 9NQ

Bank

BARCLAYS BANK PLC

Legal Advisor

WINCKWORTH SHERWOOD

vetlife Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to vetlife.

vetlife Capital Raised & Share Issues BETA

When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.

Click to start generating capital raising & share issue transactions for VETLIFE. This can take several minutes, an email will notify you when this has completed.

vetlife Companies House Filings - See Documents

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