prostock vets limited
prostock vets limited Company Information
Company Number
08442125
Website
www.prostockvets.comRegistered Address
prostock vets, the livestock centre, carmarthen, carmarthenshire, SA33 5DR
Industry
Veterinary activities
Telephone
01267233266
Next Accounts Due
February 2025
Group Structure
View All
Shareholders
milrbt cyf 16.2%
milsjr cyf 16.2%
View Allprostock vets limited Estimated Valuation
Pomanda estimates the enterprise value of PROSTOCK VETS LIMITED at £5.7m based on a Turnover of £7.4m and 0.78x industry multiple (adjusted for size and gross margin).
prostock vets limited Estimated Valuation
Pomanda estimates the enterprise value of PROSTOCK VETS LIMITED at £0 based on an EBITDA of £-628.3k and a 4.68x industry multiple (adjusted for size and gross margin).
prostock vets limited Estimated Valuation
Pomanda estimates the enterprise value of PROSTOCK VETS LIMITED at £1.6m based on Net Assets of £982.4k and 1.58x industry multiple (adjusted for liquidity).
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Prostock Vets Limited Overview
Prostock Vets Limited is a live company located in carmarthen, SA33 5DR with a Companies House number of 08442125. It operates in the veterinary activities sector, SIC Code 75000. Founded in March 2013, it's largest shareholder is milrbt cyf with a 16.2% stake. Prostock Vets Limited is a established, mid sized company, Pomanda has estimated its turnover at £7.4m with low growth in recent years.
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Prostock Vets Limited Health Check
Pomanda's financial health check has awarded Prostock Vets Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 5 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
5 Weak
Size
annual sales of £7.4m, make it larger than the average company (£1.5m)
- Prostock Vets Limited
£1.5m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.2%)
- Prostock Vets Limited
7.2% - Industry AVG
Production
with a gross margin of 77.9%, this company has a comparable cost of product (77.9%)
- Prostock Vets Limited
77.9% - Industry AVG
Profitability
an operating margin of -10.1% make it less profitable than the average company (11.1%)
- Prostock Vets Limited
11.1% - Industry AVG
Employees
with 50 employees, this is above the industry average (25)
50 - Prostock Vets Limited
25 - Industry AVG
Pay Structure
on an average salary of £33.7k, the company has an equivalent pay structure (£33.7k)
- Prostock Vets Limited
£33.7k - Industry AVG
Efficiency
resulting in sales per employee of £147.3k, this is more efficient (£66.7k)
- Prostock Vets Limited
£66.7k - Industry AVG
Debtor Days
it gets paid by customers after 43 days, this is later than average (23 days)
- Prostock Vets Limited
23 days - Industry AVG
Creditor Days
its suppliers are paid after 206 days, this is slower than average (39 days)
- Prostock Vets Limited
39 days - Industry AVG
Stock Days
it holds stock equivalent to 50 days, this is more than average (31 days)
- Prostock Vets Limited
31 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 33 weeks, this is more cash available to meet short term requirements (13 weeks)
33 weeks - Prostock Vets Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 49.9%, this is a higher level of debt than the average (45.1%)
49.9% - Prostock Vets Limited
45.1% - Industry AVG
PROSTOCK VETS LIMITED financials
Prostock Vets Limited's latest turnover from May 2023 is estimated at £7.4 million and the company has net assets of £982.4 thousand. According to their latest financial statements, Prostock Vets Limited has 50 employees and maintains cash reserves of £595.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 50 | 47 | 47 | 46 | 44 | 41 | 33 | |||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 254,220 | 509,038 | 511,322 | 477,976 | 284,675 | 291,438 | 283,543 | 237,423 | 196,901 | 149,980 |
| Intangible Assets | 0 | 2,773 | 11,000 | 30,485 | 49,970 | 55,595 | 278,776 | 488,750 | 743,750 | 998,750 |
| Investments & Other | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 264,220 | 521,811 | 532,322 | 518,461 | 344,645 | 357,033 | 572,319 | 736,173 | 950,651 | 1,158,730 |
| Stock & work in progress | 223,433 | 192,351 | 145,037 | 123,992 | 161,430 | 121,047 | 100,551 | 110,000 | 80,000 | 65,000 |
| Trade Debtors | 878,103 | 809,052 | 849,673 | 724,954 | 601,797 | 676,023 | 588,922 | 481,767 | 431,201 | 431,354 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 595,463 | 755,614 | 677,673 | 726,686 | 647,145 | 496,672 | 473,259 | 384,309 | 208,797 | 281,729 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 1,696,999 | 1,757,017 | 1,672,383 | 1,575,632 | 1,410,372 | 1,293,742 | 1,162,732 | 976,076 | 719,998 | 778,083 |
| total assets | 1,961,219 | 2,278,828 | 2,204,705 | 2,094,093 | 1,755,017 | 1,650,775 | 1,735,051 | 1,712,249 | 1,670,649 | 1,936,813 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 920,310 | 524,972 | 1,062,426 | 576,256 | 523,265 | 516,167 | 972,775 | 998,357 | 1,146,297 | 1,596,486 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 920,310 | 524,972 | 1,062,426 | 576,256 | 523,265 | 516,167 | 972,775 | 998,357 | 1,146,297 | 1,596,486 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 58,527 | 55,515 | 41,528 | 37,916 | 22,956 | 24,943 | 26,275 | 18,956 | 10,768 | 5,000 |
| total long term liabilities | 58,527 | 55,515 | 41,528 | 37,916 | 22,956 | 24,943 | 26,275 | 18,956 | 10,768 | 5,000 |
| total liabilities | 978,837 | 580,487 | 1,103,954 | 614,172 | 546,221 | 541,110 | 999,050 | 1,017,313 | 1,157,065 | 1,601,486 |
| net assets | 982,382 | 1,698,341 | 1,100,751 | 1,479,921 | 1,208,796 | 1,109,665 | 736,001 | 694,936 | 513,584 | 335,327 |
| total shareholders funds | 982,382 | 1,698,341 | 1,100,751 | 1,479,921 | 1,208,796 | 1,109,665 | 736,001 | 694,936 | 513,584 | 335,327 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | ||||||||||
| Depreciation | 115,317 | 96,146 | 81,793 | 74,986 | 54,128 | 67,146 | 51,945 | 38,930 | 26,944 | 10,908 |
| Amortisation | 2,773 | 8,227 | 19,485 | 19,485 | 19,486 | 250,462 | 266,257 | 255,000 | 255,000 | 276,250 |
| Tax | ||||||||||
| Stock | 31,082 | 47,314 | 21,045 | -37,438 | 40,383 | 20,496 | -9,449 | 30,000 | 15,000 | 65,000 |
| Debtors | 69,051 | -40,621 | 124,719 | 123,157 | -74,226 | 87,101 | 107,155 | 50,566 | -153 | 431,354 |
| Creditors | 395,338 | -537,454 | 486,170 | 52,991 | 7,098 | -456,608 | -25,582 | -147,940 | -450,189 | 1,596,486 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 3,012 | 13,987 | 3,612 | 14,960 | -1,987 | -1,332 | 7,319 | 8,188 | 5,768 | 5,000 |
| Cash flow from operations | ||||||||||
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 10,000 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | ||||||||||
| cash flow from financing | ||||||||||
| cash and cash equivalents | ||||||||||
| cash | -160,151 | 77,941 | -49,013 | 79,541 | 150,473 | 23,413 | 88,950 | 175,512 | -72,932 | 281,729 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -160,151 | 77,941 | -49,013 | 79,541 | 150,473 | 23,413 | 88,950 | 175,512 | -72,932 | 281,729 |
prostock vets limited Credit Report and Business Information
Prostock Vets Limited Competitor Analysis
Perform a competitor analysis for prostock vets limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in SA33 area or any other competitors across 12 key performance metrics.
prostock vets limited Ownership
PROSTOCK VETS LIMITED group structure
Prostock Vets Limited has no subsidiary companies.
Ultimate parent company
PROSTOCK VETS LIMITED
08442125
prostock vets limited directors
Prostock Vets Limited currently has 6 directors. The longest serving directors include Ms Catherine Tudor (Mar 2013) and Mrs Johanna Marsman (Mar 2013).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Ms Catherine Tudor | United Kingdom | 53 years | Mar 2013 | - | Director |
| Mrs Johanna Marsman | Wales | 54 years | Mar 2013 | - | Director |
| Mr Sam Fenemore | Wales | 49 years | Mar 2013 | - | Director |
| Mr Stephen Davies | 45 years | Mar 2016 | - | Director | |
| Mr Rhys Beynon-Thomas | United Kingdom | 37 years | Apr 2021 | - | Director |
| Miss Sarah-Jane Beynon | United Kingdom | 35 years | Apr 2021 | - | Director |
P&L
May 2023turnover
7.4m
-9%
operating profit
-746.4k
0%
gross margin
78%
+1.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
982.4k
-0.42%
total assets
2m
-0.14%
cash
595.5k
-0.21%
net assets
Total assets minus all liabilities
prostock vets limited company details
company number
08442125
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
March 2013
age
11
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
May 2023
previous names
tudor, marsman & fenemore limited (April 2013)
accountant
-
auditor
-
address
prostock vets, the livestock centre, carmarthen, carmarthenshire, SA33 5DR
Bank
-
Legal Advisor
-
prostock 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 3 charges/mortgages relating to prostock vets limited. Currently there are 1 open charges and 2 have been satisfied in the past.
prostock vets limited Companies House Filings - See Documents
| date | description | view/download |
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