the downs veterinary practice limitedEstimated Valuation
£1.7m
Pomanda estimates the enterprise value of THE DOWNS VETERINARY PRACTICE LIMITED at £1.7m based on a Turnover of £2.7m and 0.61x industry multiple (adjusted for size and gross margin).
the downs veterinary practice limitedEstimated Valuation
£125.8k
Pomanda estimates the enterprise value of THE DOWNS VETERINARY PRACTICE LIMITED at £125.8k based on an EBITDA of £37k and a 3.4x industry multiple (adjusted for size and gross margin).
the downs veterinary practice limitedEstimated Valuation
£156.2k
Pomanda estimates the enterprise value of THE DOWNS VETERINARY PRACTICE LIMITED at £156.2k based on Net Assets of £130.5k and 1.2x industry multiple (adjusted for liquidity).
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The Downs Veterinary Practice LimitedOverview
The Downs Veterinary Practice Limited is a live company located in somerset, TA1 3DU with a Companies House number of 05412181. It operates in the veterinary activities sector, SIC Code 75000. Founded in April 2005, it's largest shareholder is
damien jonathan bush
with a 100% stake. The Downs Veterinary Practice Limited is a mature,
small sized company, Pomanda has estimated its turnover at
£2.7m with
healthy
growth in recent years.
The Downs Veterinary Practice Limited Health Check
Pomanda's financial health check has awarded The Downs Veterinary Practice Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
5 Strong
4 Regular
3 Weak
Size
annual sales of £2.7m, make it larger than the average company (£1.4m)
£2.7m - The Downs Veterinary Practice Limited
£1.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 9%, show it is growing at a similar rate (10.7%)
9% - The Downs Veterinary Practice Limited
10.7% - Industry AVG
Production
with a gross margin of 78.6%, this company has a comparable cost of product (78.6%)
78.6% - The Downs Veterinary Practice Limited
78.6% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (9.8%)
-0.4% - The Downs Veterinary Practice Limited
9.8% - Industry AVG
Employees
with 23 employees, this is similar to the industry average (21)
23 - The Downs Veterinary Practice Limited
21 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
£35.4k - The Downs Veterinary Practice Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £117.4k, this is more efficient (£69.6k)
£117.4k - The Downs Veterinary Practice Limited
£69.6k - Industry AVG
Debtor Days
it gets paid by customers after 32 days, this is later than average (18 days)
32 days - The Downs Veterinary Practice Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 157 days, this is slower than average (59 days)
157 days - The Downs Veterinary Practice Limited
59 days - Industry AVG
Stock Days
it holds stock equivalent to 5 days, this is less than average (32 days)
5 days - The Downs Veterinary Practice Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities
for 24 weeks, this is more cash available to meet short term requirements (19 weeks)
24 weeks - The Downs Veterinary Practice Limited
19 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 75.6%, this is a higher level of debt than the average (45.9%)
75.6% - The Downs Veterinary Practice Limited
45.9% - Industry AVG
THE DOWNS VETERINARY PRACTICE LIMITED financials
EXPORT
The Downs Veterinary Practice Limited's latest turnover from March 2024 is estimated at £2.7 million and the company has net assets of £130.5 thousand. According to their latest financial statements, The Downs Veterinary Practice Limited has 23 employees and maintains cash reserves of £116.8 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Turnover
2,700,920
2,368,096
2,537,618
2,061,357
922,365
1,288,986
1,461,572
1,215,135
1,443,991
1,929,717
1,833,421
1,668,897
1,450,826
3,567,247
3,436,436
Other Income Or Grants
Cost Of Sales
579,378
525,620
578,365
455,214
201,484
287,396
329,328
266,121
303,608
410,833
393,437
360,937
320,308
796,663
779,656
Gross Profit
2,121,541
1,842,477
1,959,253
1,606,143
720,881
1,001,590
1,132,244
949,014
1,140,383
1,518,884
1,439,984
1,307,960
1,130,519
2,770,584
2,656,780
Admin Expenses
2,133,547
1,907,698
1,934,639
1,472,135
761,657
992,495
1,098,379
965,697
1,191,930
1,458,671
1,477,291
1,334,350
1,069,366
2,761,627
2,408,484
Operating Profit
-12,006
-65,221
24,614
134,008
-40,776
9,095
33,865
-16,683
-51,547
60,213
-37,307
-26,390
61,153
8,957
248,296
Interest Payable
2,698
13,167
19,041
8,573
9,156
21,940
12,784
Interest Receivable
6,088
6,452
1,146
78
61
633
265
55
94
35
1
67
126
278
218
Pre-Tax Profit
-5,918
-58,769
25,760
134,086
-40,715
9,728
34,130
-16,628
-54,152
47,081
-56,347
-34,896
52,123
-12,705
235,731
Tax
-4,894
-25,476
-1,848
-6,485
-9,887
-13,552
-66,005
Profit After Tax
-5,918
-58,769
20,866
108,610
-40,715
7,880
27,645
-16,628
-54,152
37,194
-56,347
-34,896
38,571
-12,705
169,726
Dividends Paid
Retained Profit
-5,918
-58,769
20,866
108,610
-40,715
7,880
27,645
-16,628
-54,152
37,194
-56,347
-34,896
38,571
-12,705
169,726
Employee Costs
813,693
794,310
642,627
632,422
496,203
513,000
507,332
496,800
677,465
788,069
737,933
704,002
571,138
1,407,497
1,368,017
Number Of Employees
23
24
21
21
16
18
19
18
26
32
31
31
27
67
65
EBITDA*
36,968
-5,039
41,610
214,263
-17,672
30,019
184,873
6,772
-26,714
89,153
-10,810
1,015
89,635
42,876
273,164
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Tangible Assets
162,474
199,158
244,213
272,984
51,304
46,355
50,064
56,108
54,940
474,929
466,682
472,138
481,870
493,922
489,049
Intangible Assets
9,966
19,932
29,898
39,864
49,830
59,796
69,764
79,730
89,697
99,664
109,630
119,596
129,562
139,527
149,494
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
172,440
219,090
274,111
312,848
101,134
106,151
119,828
135,838
144,637
574,593
576,312
591,734
611,432
633,449
638,543
Stock & work in progress
8,019
15,526
21,080
19,944
13,604
16,358
22,340
14,725
17,356
18,032
12,780
15,964
17,601
17,762
18,086
Trade Debtors
237,135
190,862
169,206
123,502
49,271
53,376
58,552
47,593
53,732
67,863
53,424
41,647
31,841
78,847
74,447
Group Debtors
Misc Debtors
15,326
Cash
116,758
115,150
188,465
117,181
38,893
82,533
86,264
19,565
24,119
13,454
391
172
26,572
23,793
87,236
misc current assets
total current assets
361,912
321,538
378,751
260,627
101,768
152,267
167,156
81,883
95,207
99,349
66,595
57,783
91,340
120,402
179,769
total assets
534,352
540,628
652,862
573,475
202,902
258,418
286,984
217,721
239,844
673,942
642,907
649,517
702,772
753,851
818,312
Bank overdraft
Bank loan
Trade Creditors
249,224
208,826
218,881
102,956
127,196
139,656
169,690
126,562
133,443
207,031
206,297
135,885
140,456
193,462
221,148
Group/Directors Accounts
other short term finances
hp & lease commitments
32,315
1,861
3,444
5,695
other current liabilities
total current liabilities
249,224
208,826
218,881
135,271
129,057
143,100
175,385
126,562
133,443
207,031
206,297
135,885
140,456
193,462
221,148
loans
83,030
322,098
263,784
281,728
393,345
hp & lease commitments
118,358
150,209
182,056
213,957
465
2,326
5,736
23,265
Accruals and Deferred Income
other liabilities
11,431
10,551
237,699
4,358
83,347
357,535
108,777
provisions
36,306
45,211
56,774
49,962
7,705
6,602
7,353
8,863
8,357
4,537
5,703
5,703
9,087
12,761
10,726
total long term liabilities
154,664
195,420
238,830
263,919
8,170
8,928
13,089
20,294
18,908
325,266
332,159
352,834
366,622
403,266
427,336
total liabilities
403,888
404,246
457,711
399,190
137,227
152,028
188,474
146,856
152,351
532,297
538,456
488,719
507,078
596,728
648,484
net assets
130,464
136,382
195,151
174,285
65,675
106,390
98,510
70,865
87,493
141,645
104,451
160,798
195,694
157,123
169,828
total shareholders funds
130,464
136,382
195,151
174,285
65,675
106,390
98,510
70,865
87,493
141,645
104,451
160,798
195,694
157,123
169,828
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Mar 2010
Operating Activities
Operating Profit
-12,006
-65,221
24,614
134,008
-40,776
9,095
33,865
-16,683
-51,547
60,213
-37,307
-26,390
61,153
8,957
248,296
Depreciation
39,008
50,216
7,030
70,289
13,138
10,958
141,042
13,489
14,867
18,974
16,531
17,439
18,516
23,952
14,902
Amortisation
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,966
9,967
9,966
Tax
-4,894
-25,476
-1,848
-6,485
-9,887
-13,552
-66,005
Stock
-7,507
-5,554
1,136
6,340
-2,754
-5,982
7,615
-2,631
-676
5,252
-3,184
-1,637
-161
-324
18,086
Debtors
46,273
21,656
45,704
74,231
-4,105
-5,176
10,959
-6,139
-14,131
14,439
11,777
-5,520
-31,680
4,400
74,447
Creditors
40,398
-10,055
115,925
-24,240
-12,460
-30,034
43,128
-6,881
-73,588
734
70,412
-4,571
-53,006
-27,686
221,148
Accruals and Deferred Income
Deferred Taxes & Provisions
-8,905
-11,563
6,812
42,257
1,103
-751
-1,510
506
3,820
-1,166
-3,384
-3,674
2,035
10,726
Cash flow from operations
29,695
-42,759
112,613
126,233
-22,170
8,544
201,432
9,167
-81,675
59,143
51,009
217
51,244
13,149
346,500
Investing Activities
capital expenditure
-2,324
-5,161
21,741
-291,969
-18,087
-7,247
-134,998
-14,656
405,123
-27,221
-11,075
-7,707
-6,465
-28,825
-663,411
Change in Investments
cash flow from investments
-2,324
-5,161
21,741
-291,969
-18,087
-7,247
-134,998
-14,656
405,123
-27,221
-11,075
-7,707
-6,465
-28,825
-663,411
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
-83,030
-239,068
58,314
263,784
-281,728
-111,617
393,345
Hire Purchase and Lease Commitments
-31,851
-31,847
-64,216
243,946
-3,444
-5,661
11,431
-23,265
23,265
other long term liabilities
-11,431
880
-227,148
233,341
-78,989
-274,188
248,758
108,777
share issue
102
interest
6,088
6,452
1,146
78
61
633
265
55
-2,604
-13,132
-19,040
-8,506
-9,030
-21,662
-12,566
cash flow from financing
-25,763
-25,395
-63,070
244,024
-3,383
-5,028
265
935
-312,782
-18,859
-39,715
-18,910
-42,000
-47,767
404,146
cash and cash equivalents
cash
1,608
-73,315
71,284
78,288
-43,640
-3,731
66,699
-4,554
10,665
13,063
219
-26,400
2,779
-63,443
87,236
overdraft
change in cash
1,608
-73,315
71,284
78,288
-43,640
-3,731
66,699
-4,554
10,665
13,063
219
-26,400
2,779
-63,443
87,236
the downs veterinary practice limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for the downs veterinary practice limited. Get real-time insights into the downs veterinary practice limited's credit score, group structure and payment trends.
The Downs Veterinary Practice Limited Competitor Analysis
Perform a competitor analysis for the downs veterinary practice limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TA1 area or any other competitors across 12 key performance metrics.
the downs veterinary practice limited Ownership
THE DOWNS VETERINARY PRACTICE LIMITED group structure
The Downs Veterinary Practice Limited has no subsidiary companies.
Ultimate parent company
THE DOWNS VETERINARY PRACTICE LIMITED
05412181
THE DOWNS VETERINARY PRACTICE LIMITED Shareholders
The sole shareholder of The Downs Veterinary Practice Limited is Damien Jonathan Bush.
damien jonathan bush
100%
the downs veterinary practice limited directors
The Downs Veterinary Practice Limited currently has 1 director, Mr Damien Bush serving since Apr 2005.
the downs veterinary practice limited company details
company number
05412181
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
April 2005
age
20
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
MOORE SCARROTT
auditor
-
address
calyx house south road, taunton, somerset, TA1 3DU
Bank
-
Legal Advisor
-
the downs veterinary practice 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 2 charges/mortgages relating to the downs veterinary practice limited. Currently there are 1 open charges and 1 have been satisfied in the past.
the downs veterinary practice 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 THE DOWNS VETERINARY PRACTICE LIMITED. This can take several minutes, an email will notify you when this has completed.
the downs veterinary practice limitedCompanies House Filings - See Documents
