k9 vets limited Company Information
Company Number
02171494
Next Accounts
Sep 2025
Shareholders
dhillon investments limited
Group Structure
View All
Industry
Veterinary activities
Registered Address
wolverhampton road, oldbury, west midlands, B69 2BH
Website
http://furniturecart.co.ukk9 vets limited Estimated Valuation
Pomanda estimates the enterprise value of K9 VETS LIMITED at £983.8k based on a Turnover of £1.6m and 0.6x industry multiple (adjusted for size and gross margin).
k9 vets limited Estimated Valuation
Pomanda estimates the enterprise value of K9 VETS LIMITED at £136.9k based on an EBITDA of £45.5k and a 3.01x industry multiple (adjusted for size and gross margin).
k9 vets limited Estimated Valuation
Pomanda estimates the enterprise value of K9 VETS LIMITED at £1.3k based on Net Assets of £1k and 1.25x industry multiple (adjusted for liquidity).
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K9 Vets Limited Overview
K9 Vets Limited is a live company located in west midlands, B69 2BH with a Companies House number of 02171494. It operates in the veterinary activities sector, SIC Code 75000. Founded in September 1987, it's largest shareholder is dhillon investments limited with a 100% stake. K9 Vets Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.6m with high growth in recent years.
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K9 Vets Limited Health Check
Pomanda's financial health check has awarded K9 Vets Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 5 areas for improvement. Company Health Check FAQs
2 Strong
4 Regular
5 Weak
Size
annual sales of £1.6m, make it smaller than the average company (£2.1m)
- K9 Vets Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 24%, show it is growing at a faster rate (7.7%)
- K9 Vets Limited
7.7% - Industry AVG
Production
with a gross margin of 77.3%, this company has a comparable cost of product (77.3%)
- K9 Vets Limited
77.3% - Industry AVG
Profitability
an operating margin of -0.6% make it less profitable than the average company (9%)
- K9 Vets Limited
9% - Industry AVG
Employees
with 25 employees, this is similar to the industry average (27)
25 - K9 Vets Limited
27 - Industry AVG
Pay Structure
on an average salary of £35.2k, the company has an equivalent pay structure (£35.2k)
- K9 Vets Limited
£35.2k - Industry AVG
Efficiency
resulting in sales per employee of £65.4k, this is equally as efficient (£71.3k)
- K9 Vets Limited
£71.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- K9 Vets Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 58 days, this is slower than average (41 days)
- K9 Vets Limited
41 days - Industry AVG
Stock Days
it holds stock equivalent to 65 days, this is more than average (33 days)
- K9 Vets Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (20 weeks)
10 weeks - K9 Vets Limited
20 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.9%, this is a higher level of debt than the average (37.1%)
99.9% - K9 Vets Limited
37.1% - Industry AVG
K9 VETS LIMITED financials
K9 Vets Limited's latest turnover from December 2023 is estimated at £1.6 million and the company has net assets of £1 thousand. According to their latest financial statements, K9 Vets Limited has 25 employees and maintains cash reserves of £191.1 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | ||||||||||||||||
Other Income Or Grants | ||||||||||||||||
Cost Of Sales | ||||||||||||||||
Gross Profit | ||||||||||||||||
Admin Expenses | ||||||||||||||||
Operating Profit | ||||||||||||||||
Interest Payable | ||||||||||||||||
Interest Receivable | ||||||||||||||||
Pre-Tax Profit | ||||||||||||||||
Tax | ||||||||||||||||
Profit After Tax | ||||||||||||||||
Dividends Paid | ||||||||||||||||
Retained Profit | ||||||||||||||||
Employee Costs | ||||||||||||||||
Number Of Employees | 25 | 25 | 27 | 14 | ||||||||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 347,663 | 357,658 | 766,157 | 593,707 | 0 | 0 | 0 | 0 | 108,259 | 121,156 | 134,690 | 142,387 | 150,809 | 162,487 | 152,404 | 164,519 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 347,663 | 357,658 | 766,157 | 593,707 | 0 | 0 | 0 | 0 | 108,259 | 121,156 | 134,690 | 142,387 | 150,809 | 162,487 | 152,404 | 164,519 |
Stock & work in progress | 67,132 | 78,692 | 62,242 | 24,689 | 0 | 0 | 0 | 0 | 160,657 | 168,863 | 157,556 | 133,894 | 110,798 | 94,482 | 97,823 | 99,328 |
Trade Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7,766 | 6,953 | 5,624 | 11,596 | 9,492 | 9,231 | 24,914 | 8,855 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 383,360 | 17,000 | 10,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 191,073 | 306,994 | 787,624 | 139,247 | 1,236 | 1,236 | 1,236 | 1,236 | 31,835 | 30,853 | 17,518 | 10,616 | 22,070 | 30,550 | 46,612 | 59,159 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 641,565 | 402,686 | 859,866 | 163,936 | 1,236 | 1,236 | 1,236 | 1,236 | 200,258 | 206,669 | 180,698 | 156,106 | 142,360 | 134,263 | 169,349 | 167,342 |
total assets | 989,228 | 760,344 | 1,626,023 | 757,643 | 1,236 | 1,236 | 1,236 | 1,236 | 308,517 | 327,825 | 315,388 | 298,493 | 293,169 | 296,750 | 321,753 | 331,861 |
Bank overdraft | 0 | 0 | 0 | 50 | 1,146 | 1,146 | 1,146 | 1,146 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 59,062 | 74,820 | 135,500 | 86,534 | 336 | 336 | 654 | 654 | 13,266 | 217,752 | 206,852 | 198,507 | 191,451 | 191,401 | 189,737 | 192,002 |
Group/Directors Accounts | 609,109 | 402,761 | 1,101,319 | 491,841 | 119,467 | 119,467 | 118,356 | 118,356 | 205,950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 290,054 | 241,763 | 338,204 | 128,218 | 1,250 | 1,250 | 1,250 | 1,250 | 8,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 958,225 | 719,344 | 1,575,023 | 706,643 | 122,199 | 122,199 | 121,406 | 121,406 | 227,399 | 217,752 | 206,852 | 198,507 | 191,451 | 191,401 | 189,737 | 192,002 |
loans | 30,003 | 40,000 | 50,000 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,019 | 3,019 | 3,189 | 2,729 | 3,049 |
total long term liabilities | 30,003 | 40,000 | 50,000 | 50,000 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,518 | 3,019 | 3,019 | 3,189 | 2,729 | 3,049 |
total liabilities | 988,228 | 759,344 | 1,625,023 | 756,643 | 125,717 | 125,717 | 124,924 | 124,924 | 230,917 | 221,270 | 210,370 | 201,526 | 194,470 | 194,590 | 192,466 | 195,051 |
net assets | 1,000 | 1,000 | 1,000 | 1,000 | -124,481 | -124,481 | -123,688 | -123,688 | 77,600 | 106,555 | 105,018 | 96,967 | 98,699 | 102,160 | 129,287 | 136,810 |
total shareholders funds | 1,000 | 1,000 | 1,000 | 1,000 | -124,481 | -124,481 | -123,688 | -123,688 | 77,600 | 106,555 | 105,018 | 96,967 | 98,699 | 102,160 | 129,287 | 136,810 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||||
Operating Profit | ||||||||||||||||
Depreciation | 54,634 | 58,447 | 53,017 | 30,162 | 0 | 0 | 0 | 13,088 | 13,784 | 14,637 | 13,509 | 12,765 | 13,059 | 12,115 | 12,620 | |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
Tax | ||||||||||||||||
Stock | -11,560 | 16,450 | 37,553 | 24,689 | 0 | 0 | 0 | -160,657 | -8,206 | 11,307 | 23,662 | 23,096 | 16,316 | -3,341 | -1,505 | 99,328 |
Debtors | 366,360 | 7,000 | 10,000 | 0 | 0 | 0 | 0 | -7,766 | 813 | 1,329 | -5,972 | 2,104 | 261 | -15,683 | 16,059 | 8,855 |
Creditors | -15,758 | -60,680 | 48,966 | 86,198 | -318 | -318 | 0 | -12,612 | -204,486 | 10,900 | 8,345 | 7,056 | 50 | 1,664 | -2,265 | 192,002 |
Accruals and Deferred Income | 48,291 | -96,441 | 209,986 | 126,968 | 0 | 0 | 0 | -6,933 | 8,183 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | -3,518 | 0 | 0 | 0 | 0 | 0 | 0 | 499 | 0 | -170 | 460 | -320 | 3,049 |
Cash flow from operations | ||||||||||||||||
Investing Activities | ||||||||||||||||
capital expenditure | ||||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | ||||||||||||||||
Financing Activities | ||||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 206,348 | -698,558 | 609,478 | 372,374 | 1,111 | 1,111 | 0 | -87,594 | 205,950 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -9,997 | -10,000 | 0 | 50,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | ||||||||||||||||
interest | ||||||||||||||||
cash flow from financing | ||||||||||||||||
cash and cash equivalents | ||||||||||||||||
cash | -115,921 | -480,630 | 648,377 | 138,011 | 0 | 0 | 0 | -30,599 | 982 | 13,335 | 6,902 | -11,454 | -8,480 | -16,062 | -12,547 | 59,159 |
overdraft | 0 | 0 | -50 | -1,096 | 0 | 0 | 0 | 1,146 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -115,921 | -480,630 | 648,427 | 139,107 | 0 | 0 | 0 | -31,745 | 982 | 13,335 | 6,902 | -11,454 | -8,480 | -16,062 | -12,547 | 59,159 |
k9 vets limited Credit Report and Business Information
K9 Vets Limited Competitor Analysis
Perform a competitor analysis for k9 vets limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in B69 area or any other competitors across 12 key performance metrics.
k9 vets limited Ownership
K9 VETS LIMITED group structure
K9 Vets Limited has no subsidiary companies.
k9 vets limited directors
K9 Vets Limited currently has 2 directors. The longest serving directors include Mrs Pardeep Dhillon (Jul 2019) and Mr Iqpal Dhillon (Feb 2021).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Pardeep Dhillon | United Kingdom | 44 years | Jul 2019 | - | Director |
Mr Iqpal Dhillon | United Kingdom | 47 years | Feb 2021 | - | Director |
P&L
December 2023turnover
1.6m
+4%
operating profit
-9.1k
0%
gross margin
77.3%
+3.23%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
1k
0%
total assets
989.2k
+0.3%
cash
191.1k
-0.38%
net assets
Total assets minus all liabilities
Similar Companies
k9 vets limited company details
company number
02171494
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
September 1987
age
38
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
m.s. dhillon & sons limited (November 2019)
accountant
-
auditor
-
address
wolverhampton road, oldbury, west midlands, B69 2BH
Bank
HSBC BANK PLC
Legal Advisor
-
k9 vets limited 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 found 1 charges/mortgages relating to k9 vets limited. Currently there are 1 open charges and 0 have been satisfied in the past.
k9 vets limited 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.
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k9 vets limited Companies House Filings - See Documents
date | description | view/download |
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