cvs (uk) limited

cvs (uk) limited Company Information

Share CVS (UK) LIMITED
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MatureMegaHealthy

Company Number

03777473

Industry

Veterinary activities

 

Shareholders

cvs group plc

Group Structure

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Contact

Registered Address

cvs house owen road, diss, norfolk, IP22 4ER

cvs (uk) limited Estimated Valuation

£450.2m

Pomanda estimates the enterprise value of CVS (UK) LIMITED at £450.2m based on a Turnover of £450.3m and 1x industry multiple (adjusted for size and gross margin).

cvs (uk) limited Estimated Valuation

£348.4m

Pomanda estimates the enterprise value of CVS (UK) LIMITED at £348.4m based on an EBITDA of £69.7m and a 5x industry multiple (adjusted for size and gross margin).

cvs (uk) limited Estimated Valuation

£107.1m

Pomanda estimates the enterprise value of CVS (UK) LIMITED at £107.1m based on Net Assets of £85.6m and 1.25x industry multiple (adjusted for liquidity).

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Cvs (uk) Limited Overview

Cvs (uk) Limited is a live company located in norfolk, IP22 4ER with a Companies House number of 03777473. It operates in the veterinary activities sector, SIC Code 75000. Founded in May 1999, it's largest shareholder is cvs group plc with a 100% stake. Cvs (uk) Limited is a mature, mega sized company, Pomanda has estimated its turnover at £450.3m with healthy growth in recent years.

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Cvs (uk) Limited Health Check

Pomanda's financial health check has awarded Cvs (Uk) 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

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Health Rating2.5out of 5
positive_score

2 Strong

positive_score

5 Regular

positive_score

5 Weak

size

Size

annual sales of £450.3m, make it larger than the average company (£2m)

£450.3m - Cvs (uk) Limited

£2m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 10%, show it is growing at a similar rate (11.2%)

10% - Cvs (uk) Limited

11.2% - Industry AVG

production

Production

with a gross margin of 41.2%, this company has a higher cost of product (78.1%)

41.2% - Cvs (uk) Limited

78.1% - Industry AVG

profitability

Profitability

an operating margin of 6.9% make it less profitable than the average company (10.6%)

6.9% - Cvs (uk) Limited

10.6% - Industry AVG

employees

Employees

with 6564 employees, this is above the industry average (27)

6564 - Cvs (uk) Limited

27 - Industry AVG

paystructure

Pay Structure

on an average salary of £35.8k, the company has an equivalent pay structure (£35.7k)

£35.8k - Cvs (uk) Limited

£35.7k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £68.6k, this is equally as efficient (£71k)

£68.6k - Cvs (uk) Limited

£71k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 27 days, this is later than average (18 days)

27 days - Cvs (uk) Limited

18 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 41 days, this is close to average (40 days)

41 days - Cvs (uk) Limited

40 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 31 days, this is in line with average (32 days)

31 days - Cvs (uk) Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 1 weeks, this is less cash available to meet short term requirements (18 weeks)

1 weeks - Cvs (uk) Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 87.2%, this is a higher level of debt than the average (36.5%)

87.2% - Cvs (uk) Limited

36.5% - Industry AVG

CVS (UK) LIMITED financials

EXPORTms excel logo

Cvs (Uk) Limited's latest turnover from June 2024 is £450.3 million and the company has net assets of £85.6 million. According to their latest financial statements, Cvs (Uk) Limited has 6,564 employees and maintains cash reserves of £6.6 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Turnover450,292,000418,164,000376,156,000341,351,000265,890,000261,532,000229,596,000192,222,000157,084,000132,595,000114,409,00095,718,00086,899,00081,816,00075,632,000
Other Income Or Grants000000000000000
Cost Of Sales264,995,000240,376,000217,054,000197,510,000155,690,000148,754,000126,399,000104,472,00084,111,00071,279,00075,245,00061,299,00052,778,00052,157,00047,301,000
Gross Profit185,297,000177,788,000159,102,000143,841,000110,200,000112,778,000103,197,00087,750,00072,973,00061,316,00039,164,00034,419,00034,121,00029,659,00028,331,000
Admin Expenses154,393,000136,323,000140,754,000129,875,000103,536,000105,264,00092,193,00073,964,00063,640,00053,314,00032,613,00029,041,00028,320,00014,742,00023,359,000
Operating Profit30,904,00041,465,00018,348,00013,966,0006,664,0007,514,00011,004,00013,786,0009,333,0008,002,0006,551,0005,378,0005,801,00014,917,0004,972,000
Interest Payable13,137,0007,474,0005,649,0005,658,0007,320,0003,839,0003,610,0002,686,0002,691,0001,279,0001,234,0009,0002,402,0002,763,0002,552,000
Interest Receivable2,241,000581,000236,000208,000239,000231,000114,00036,0005,00012,00012,0002,287,00014,00023,00029,000
Pre-Tax Profit-17,544,00042,572,00012,935,00011,009,000-417,0004,312,0008,321,00011,136,0006,647,0006,735,0005,329,0003,100,0001,870,0001,994,0002,598,000
Tax-7,207,000-6,985,000-6,306,000-7,184,000-117,000-1,162,000-2,466,000-2,397,000-1,623,000-1,264,000-1,400,000-1,236,000-758,000-831,000-523,000
Profit After Tax-24,751,00035,587,0006,629,0003,825,000-534,0003,150,0005,855,0008,739,0005,024,0005,471,0003,929,0001,864,0001,112,0001,163,0002,075,000
Dividends Paid1,335,00000000000000000
Retained Profit-26,086,00035,587,0006,629,0003,825,000-534,0003,150,0005,855,0008,739,0005,024,0005,471,0003,929,0001,864,0001,112,0001,163,0002,075,000
Employee Costs234,934,000213,553,000190,711,000167,552,000139,635,000132,958,000110,518,00092,802,00074,441,00062,070,00055,568,00045,692,00041,453,00039,317,00035,411,000
Number Of Employees6,5646,1475,6965,1684,8374,6754,0413,4692,9942,5752,3772,1101,9501,8601,704
EBITDA*69,695,00075,812,00050,638,00045,590,00038,384,00027,344,00029,034,00027,948,00021,899,00017,555,00015,084,00012,921,00011,944,00020,593,0009,846,000

* Earnings Before Interest, Tax, Depreciation and Amortisation

Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Tangible Assets96,241,000291,758,000237,943,000221,393,000103,153,00037,258,00034,572,00030,435,00022,977,00013,791,00011,023,0009,292,00026,097,00025,853,00026,435,000
Intangible Assets241,464,000163,845,000139,745,000144,462,000134,534,000137,510,000117,567,00092,518,00062,252,00046,124,00040,664,00036,197,00034,347,00035,328,00036,582,000
Investments & Other203,602,000129,502,000100,517,000100,517,000105,261,000108,300,00081,708,00076,444,00068,194,00033,572,00020,717,00018,759,00018,589,00018,612,00018,612,000
Debtors (Due After 1 year)12,924,00012,864,00012,377,00010,114,00010,114,0009,421,0006,149,00000000000
Total Fixed Assets554,231,000455,603,000377,688,000365,855,000353,062,000292,489,000239,996,000199,397,000153,423,00093,487,00072,404,00064,248,00060,444,00061,181,00063,017,000
Stock & work in progress22,827,00018,143,00017,217,00012,978,00011,965,0009,641,0008,888,0008,211,0006,523,0004,206,0002,751,0002,374,0002,231,0002,038,0001,991,000
Trade Debtors33,361,00020,573,00019,093,00023,923,00015,073,00014,540,0009,232,0006,998,0007,228,0005,788,0004,340,0004,150,0003,460,0002,825,0002,413,000
Group Debtors7,226,00030,314,00025,271,00021,000,00023,140,00021,569,00021,881,00017,650,0009,512,0001,744,0001,081,000169,0001,710,000366,0002,049,000
Misc Debtors43,781,00036,127,00028,181,00020,485,00020,557,00019,343,00019,743,00015,702,00010,166,0008,396,0007,288,0005,749,0004,113,0003,673,0002,828,000
Cash6,635,00019,058,00044,190,00029,980,00016,695,0006,259,00010,497,000777,0002,681,0001,502,0001,628,0004,496,0001,837,0002,807,000109,000
misc current assets000000001,749,0001,857,0001,086,000613,000397,00000
total current assets113,830,000124,215,000133,952,000108,366,00087,430,00071,352,00070,241,00049,338,00037,859,00023,493,00018,174,00017,551,00013,748,00011,709,0009,390,000
total assets668,061,000579,818,000511,640,000474,221,000440,492,000363,841,000310,237,000248,735,000191,282,000116,980,00090,578,00081,799,00074,192,00072,890,00072,407,000
Bank overdraft00000000000000453,000
Bank loan00000003,093,00030,101,00014,789,0003,692,0002,192,00003,952,0005,085,000
Trade Creditors 30,440,00018,287,00018,669,00018,957,00018,431,00022,426,00019,099,00011,097,00012,135,00012,823,00010,870,0009,386,0009,147,0007,879,0005,372,000
Group/Directors Accounts237,128,000000162,851,000134,487,000124,740,00054,256,00019,785,00014,527,00015,196,00013,564,000000
other short term finances947,00000000000000000
hp & lease commitments10,276,0009,773,0006,741,0006,076,0006,020,00078,00099,00021,00002,00012,00012,00011,00010,0000
other current liabilities35,289,000264,481,000247,596,000226,459,00035,564,00024,895,00017,655,00023,203,00019,870,00010,574,0009,363,0007,373,00016,112,00015,833,00013,293,000
total current liabilities314,080,000292,541,000273,006,000251,492,000222,866,000181,886,000161,593,00091,670,00081,891,00052,715,00039,133,00032,527,00025,270,00027,674,00024,203,000
loans181,277,000322,530,000306,008,000293,882,00085,298,000115,113,00084,404,000104,313,00070,153,00035,055,00030,784,00034,557,00073,886,00069,117,00077,488,000
hp & lease commitments67,955,00068,147,00067,791,00061,884,00059,840,0004,00093,0000003,00016,000000
Accruals and Deferred Income000000000000000
other liabilities0000000061,000129,0000249,000000
provisions19,148,00033,026,00026,554,00025,728,00017,993,00012,055,00012,310,0007,717,0006,042,0003,076,0002,394,0002,458,0005,380,0006,664,0008,044,000
total long term liabilities268,380,000177,778,000166,281,000160,014,000163,131,000127,172,00096,807,000112,030,00076,256,00038,260,00033,181,00037,280,00039,857,00038,725,00043,908,000
total liabilities582,460,000470,319,000439,287,000411,506,000385,997,000309,058,000258,400,000203,700,000158,147,00090,975,00072,314,00069,807,00065,127,00066,399,00068,111,000
net assets85,601,000109,499,00072,353,00062,715,00054,495,00054,783,00051,837,00045,035,00033,135,00026,005,00018,264,00011,992,0009,065,0006,491,0004,296,000
total shareholders funds85,601,000109,499,00072,353,00062,715,00054,495,00054,783,00051,837,00045,035,00033,135,00026,005,00018,264,00011,992,0009,065,0006,491,0004,296,000
Jun 2024Jun 2023Jun 2022Jun 2021Jun 2020Jun 2019Jun 2018Jun 2017Jun 2016Jun 2015Jun 2014Jun 2013Jun 2012Jun 2011Jun 2010
Operating Activities
Operating Profit30,904,00041,465,00018,348,00013,966,0006,664,0007,514,00011,004,00013,786,0009,333,0008,002,0006,551,0005,378,0005,801,00014,917,0004,972,000
Depreciation12,926,00020,286,00018,555,00017,453,00017,277,0006,165,0005,532,0004,006,0003,271,0002,498,0002,293,0002,392,0001,824,0001,803,0001,313,000
Amortisation25,865,00014,061,00013,735,00014,171,00014,443,00013,665,00012,498,00010,156,0009,295,0007,055,0006,240,0005,151,0004,319,0003,873,0003,561,000
Tax-7,207,000-6,985,000-6,306,000-7,184,000-117,000-1,162,000-2,466,000-2,397,000-1,623,000-1,264,000-1,400,000-1,236,000-758,000-831,000-523,000
Stock4,684,000926,0004,239,0001,013,0002,324,000753,000677,0001,688,0002,317,0001,455,000377,000143,000193,00047,0001,991,000
Debtors-2,586,00014,956,0009,400,0006,638,0004,011,0007,868,00016,655,00013,444,00010,978,0003,219,0002,641,000785,0002,419,000-426,0007,290,000
Creditors12,153,000-382,000-288,000526,000-3,995,0003,327,0008,002,000-1,038,000-688,0001,953,0001,484,000239,0001,268,0002,507,0005,372,000
Accruals and Deferred Income-229,192,00016,885,00021,137,000190,895,00010,669,0007,240,000-5,548,0003,333,0009,296,0001,211,0001,990,000-8,739,000279,0002,540,00013,293,000
Deferred Taxes & Provisions-13,878,0006,472,000826,0007,735,0005,938,000-255,0004,593,0001,675,0002,966,000682,000-64,000-2,922,000-1,284,000-1,380,0008,044,000
Cash flow from operations-170,527,00075,920,00052,368,000229,911,00044,544,00027,873,00016,283,00014,389,00018,555,00015,463,00014,076,000-665,0008,837,00023,808,00026,751,000
Investing Activities
capital expenditure79,107,000-112,262,000-44,123,000-159,792,000-94,639,000-42,459,000-47,216,000-51,886,000-37,880,000-17,781,000-14,731,0007,412,000-5,406,000-3,840,000-67,891,000
Change in Investments74,100,00028,985,0000-4,744,000-3,039,00026,592,0005,264,0008,250,00034,622,00012,855,0001,958,000170,000-23,000018,612,000
cash flow from investments5,007,000-141,247,000-44,123,000-155,048,000-91,600,000-69,051,000-52,480,000-60,136,000-72,502,000-30,636,000-16,689,0007,242,000-5,383,000-3,840,000-86,503,000
Financing Activities
Bank loans000000-3,093,000-27,008,00015,312,00011,097,0001,500,0002,192,000-3,952,000-1,133,0005,085,000
Group/Directors Accounts237,128,00000-162,851,00028,364,0009,747,00070,484,00034,471,0005,258,000-669,0001,632,00013,564,000000
Other Short Term Loans 947,00000000000000000
Long term loans-141,253,00016,522,00012,126,000208,584,000-29,815,00030,709,000-19,909,00034,160,00035,098,0004,271,000-3,773,000-39,329,0004,769,000-8,371,00077,488,000
Hire Purchase and Lease Commitments311,0003,388,0006,572,0002,100,00065,778,000-110,000171,00021,000-2,000-13,000-13,00017,0001,00010,0000
other long term liabilities0000000-61,000-68,000129,000-249,000249,000000
share issue2,188,0001,559,0003,009,0004,395,000246,000-204,000947,0003,161,0002,106,0002,270,0002,343,0001,063,0001,462,0001,032,0002,221,000
interest-10,896,000-6,893,000-5,413,000-5,450,000-7,081,000-3,608,000-3,496,000-2,650,000-2,686,000-1,267,000-1,222,0002,278,000-2,388,000-2,740,000-2,523,000
cash flow from financing88,425,00014,576,00016,294,00046,778,00057,492,00036,534,00045,104,00042,094,00055,018,00015,818,000218,000-19,966,000-108,000-11,202,00082,271,000
cash and cash equivalents
cash-12,423,000-25,132,00014,210,00013,285,00010,436,000-4,238,0009,720,000-1,904,0001,179,000-126,000-2,868,0002,659,000-970,0002,698,000109,000
overdraft0000000000000-453,000453,000
change in cash-12,423,000-25,132,00014,210,00013,285,00010,436,000-4,238,0009,720,000-1,904,0001,179,000-126,000-2,868,0002,659,000-970,0003,151,000-344,000

cvs (uk) limited 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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Cvs (uk) Limited Competitor Analysis

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Perform a competitor analysis for cvs (uk) limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in IP22 area or any other competitors across 12 key performance metrics.

cvs (uk) limited Ownership

CVS (UK) LIMITED group structure

Cvs (Uk) Limited has 95 subsidiary companies.

Ultimate parent company

1 parent

CVS (UK) LIMITED

03777473

95 subsidiaries

CVS (UK) LIMITED Shareholders

cvs group plc 100%

cvs (uk) limited directors

Cvs (Uk) Limited currently has 3 directors. The longest serving directors include Mr Richard Fairman (Aug 2018) and Mr Robin Alfonso (Nov 2019).

officercountryagestartendrole
Mr Richard Fairman57 years Aug 2018- Director
Mr Robin AlfonsoEngland45 years Nov 2019- Director
Mr Paul HiggsEngland42 years Jul 2024- Director

P&L

June 2024

turnover

450.3m

+8%

operating profit

30.9m

-25%

gross margin

41.2%

-3.21%

turnover

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

Balance Sheet

June 2024

net assets

85.6m

-0.22%

total assets

668.1m

+0.15%

cash

6.6m

-0.65%

net assets

Total assets minus all liabilities

cvs (uk) limited company details

company number

03777473

Type

Private limited with Share Capital

industry

75000 - Veterinary activities

incorporation date

May 1999

age

26

incorporated

UK

ultimate parent company

accounts

Full Accounts

last accounts submitted

June 2024

previous names

N/A

accountant

-

auditor

DELOITTE LLP

address

cvs house owen road, diss, norfolk, IP22 4ER

Bank

NATIONAL WESTMINSTER BANK PLC

Legal Advisor

-

cvs (uk) 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 14 charges/mortgages relating to cvs (uk) limited. Currently there are 2 open charges and 12 have been satisfied in the past.

cvs (uk) 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.

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

cvs (uk) limited Companies House Filings - See Documents

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