Pomanda estimates the enterprise value of VETSUCCESS LIMITED at £3.9m based on a Turnover of £4.5m and 0.87x industry multiple (adjusted for size and gross margin).
vetsuccess limitedEstimated Valuation
£3.5m
Pomanda estimates the enterprise value of VETSUCCESS LIMITED at £3.5m based on an EBITDA of £723.5k and a 4.86x industry multiple (adjusted for size and gross margin).
vetsuccess limitedEstimated Valuation
£4.3m
Pomanda estimates the enterprise value of VETSUCCESS LIMITED at £4.3m based on Net Assets of £1.9m and 2.26x industry multiple (adjusted for liquidity).
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Vetsuccess LimitedOverview
Vetsuccess Limited is a live company located in bristol, BS31 2AU with a Companies House number of 09633942. It operates in the other information service activities n.e.c. sector, SIC Code 63990. Founded in June 2015, it's largest shareholder is
independent vetcare limited
with a 100% stake. Vetsuccess Limited is a established,
small sized company, Pomanda has estimated its turnover at
£4.5m with
rapid
growth in recent years.
Pomanda's financial health check has awarded Vetsuccess Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 7 measures and has 2 areas for improvement. Company Health Check FAQs
Health Rating5out of 5
7 Strong
2 Regular
2 Weak
Size
annual sales of £4.5m, make it larger than the average company (£837.8k)
£4.5m - Vetsuccess Limited
£837.8k - Industry AVG
Growth
3 year (CAGR) sales growth of 139%, show it is growing at a faster rate (7%)
139% - Vetsuccess Limited
7% - Industry AVG
Production
with a gross margin of 69.4%, this company has a comparable cost of product (66.2%)
69.4% - Vetsuccess Limited
66.2% - Industry AVG
Profitability
an operating margin of 14% make it more profitable than the average company (7%)
14% - Vetsuccess Limited
7% - Industry AVG
Employees
with 28 employees, this is above the industry average (17)
28 - Vetsuccess Limited
17 - Industry AVG
Pay Structure
on an average salary of £55.4k, the company has a higher pay structure (£30.2k)
£55.4k - Vetsuccess Limited
£30.2k - Industry AVG
Efficiency
resulting in sales per employee of £160.6k, this is more efficient (£57.3k)
£160.6k - Vetsuccess Limited
£57.3k - Industry AVG
Debtor Days
it gets paid by customers after 4 days, this is earlier than average (30 days)
4 days - Vetsuccess Limited
30 days - Industry AVG
Creditor Days
its suppliers are paid after 32 days, this is close to average (30 days)
32 days - Vetsuccess Limited
30 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Vetsuccess Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 150 weeks, this is more cash available to meet short term requirements (103 weeks)
150 weeks - Vetsuccess Limited
103 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 52%, this is a higher level of debt than the average (30.5%)
52% - Vetsuccess Limited
30.5% - Industry AVG
VETSUCCESS LIMITED financials
EXPORT
Vetsuccess Limited's latest turnover from September 2023 is £4.5 million and the company has net assets of £1.9 million. According to their latest financial statements, Vetsuccess Limited has 28 employees and maintains cash reserves of £3.3 million as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Sep 2023
Sep 2022
Sep 2021
Oct 2020
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Turnover
4,495,725
3,998,526
2,285,920
327,777
745,932
302,184
150,761
34,878
17,428
Other Income Or Grants
Cost Of Sales
1,377,052
1,182,231
775,539
92,117
286,014
128,972
55,781
13,564
6,841
Gross Profit
3,118,673
2,816,295
1,510,381
235,660
459,917
173,212
94,981
21,314
10,587
Admin Expenses
2,488,714
1,577,940
920,793
199,941
450,597
67,446
94,717
22,047
28,501
Operating Profit
629,959
1,238,355
589,588
35,719
9,320
105,766
264
-733
-17,914
Interest Payable
381,297
1,923
Interest Receivable
1,199
6
49
152
48
1
1
Pre-Tax Profit
249,861
1,236,432
589,588
35,725
9,369
105,919
312
-732
-17,913
Tax
-54,651
-319,500
-9,100
35
-1,780
-20,125
-59
Profit After Tax
195,210
916,932
580,488
35,760
7,589
85,794
253
-732
-17,913
Dividends Paid
Retained Profit
195,210
916,932
580,488
35,760
7,589
85,794
253
-732
-17,913
Employee Costs
1,552,050
1,100,486
661,870
115,852
155,138
53,171
25,528
24,934
25,423
Number Of Employees
28
28
22
8
6
2
1
1
1
EBITDA*
723,482
1,285,959
601,102
36,166
11,067
105,898
264
-733
-17,914
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023
Sep 2022
Sep 2021
Oct 2020
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Tangible Assets
26,489
50,961
93,587
5,378
5,242
395
Intangible Assets
110,377
172,982
Investments & Other
Debtors (Due After 1 year)
139,270
35,857
Total Fixed Assets
136,866
363,213
93,587
5,378
5,242
395
Stock & work in progress
Trade Debtors
60,647
113,755
295,303
93,089
130,334
63,166
29,099
4,649
1,801
Group Debtors
Misc Debtors
433,442
421,561
289,351
67,535
29,538
26,428
215
1,417
200
Cash
3,341,860
2,044,542
9,281,028
193,564
77,114
21,702
18,865
421
455
misc current assets
1,025
total current assets
3,835,949
2,579,858
9,865,682
354,188
238,011
111,296
48,179
6,487
2,456
total assets
3,972,815
2,943,071
9,959,269
359,566
243,253
111,691
48,179
6,487
2,456
Bank overdraft
Bank loan
Trade Creditors
122,776
28,690
33,806
12,890
114,763
22,754
25,402
4,718
1,512
Group/Directors Accounts
153
10,099
593
65
other short term finances
hp & lease commitments
67,199
63,142
other current liabilities
965,815
586,172
240,434
133,105
53,462
21,305
31,068
19,819
18,790
total current liabilities
1,155,790
678,004
274,240
145,995
168,225
44,212
66,569
25,130
20,367
loans
910,504
479,695
hp & lease commitments
66,463
Accruals and Deferred Income
other liabilities
8,890,970
provisions
320
7,918
35
75
total long term liabilities
910,824
554,076
8,890,970
35
75
total liabilities
2,066,614
1,232,080
9,165,210
145,995
168,260
44,287
66,569
25,130
20,367
net assets
1,906,201
1,710,991
794,059
213,571
74,993
67,404
-18,390
-18,643
-17,911
total shareholders funds
1,906,201
1,710,991
794,059
213,571
74,993
67,404
-18,390
-18,643
-17,911
Sep 2023
Sep 2022
Sep 2021
Oct 2020
Jun 2020
Jun 2019
Jun 2018
Jun 2017
Jun 2016
Operating Activities
Operating Profit
629,959
1,238,355
589,588
35,719
9,320
105,766
264
-733
-17,914
Depreciation
93,523
47,604
11,514
447
1,747
132
Amortisation
Tax
-54,651
-319,500
-9,100
35
-1,780
-20,125
-59
Stock
Debtors
-180,497
54,075
459,887
71,030
70,278
60,280
23,248
4,065
2,001
Creditors
94,086
-5,116
20,916
-9,864
92,009
-2,648
20,684
3,206
1,512
Accruals and Deferred Income
379,643
345,738
107,329
111,800
32,157
-9,763
11,249
1,029
18,790
Deferred Taxes & Provisions
-7,598
7,918
-75
-40
75
Cash flow from operations
1,315,459
1,260,924
260,360
67,032
63,135
13,157
8,890
-563
387
Investing Activities
capital expenditure
-6,446
-177,960
-99,723
-5,430
-6,594
-527
Change in Investments
cash flow from investments
-6,446
-177,960
-99,723
-5,430
-6,594
-527
Financing Activities
Bank loans
Group/Directors Accounts
-153
-153
-9,946
9,506
528
65
Other Short Term Loans
Long term loans
430,809
479,695
Hire Purchase and Lease Commitments
-62,406
129,605
other long term liabilities
-8,890,970
8,890,970
share issue
110,407
2
interest
-380,098
-1,923
6
49
152
48
1
1
cash flow from financing
-11,695
-8,283,593
8,890,970
110,260
-104
-9,794
9,554
529
68
cash and cash equivalents
cash
1,297,318
-7,236,486
9,087,464
171,862
55,412
2,837
18,444
-34
455
overdraft
change in cash
1,297,318
-7,236,486
9,087,464
171,862
55,412
2,837
18,444
-34
455
vetsuccess 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 vetsuccess limited. Get real-time insights into vetsuccess limited's credit score, group structure and payment trends.
Perform a competitor analysis for vetsuccess limited by selecting its closest rivals, whether from the INFORMATION AND COMMUNICATION sector, other small companies, companies in BS31 area or any other competitors across 12 key performance metrics.
63990 - Other information service activities n.e.c.
incorporation date
June 2015
age
10
incorporated
UK
ultimate parent company
ISLAY NEW GROUP HOLDING SA
accounts
Full Accounts
last accounts submitted
September 2023
previous names
easy direct debits limited (October 2024)
accountant
-
auditor
HAZLEWOODS LLP
address
the chocolate factory keynsham, bristol, BS31 2AU
Bank
-
Legal Advisor
-
vetsuccess 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 vetsuccess limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vetsuccess 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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vetsuccess limitedCompanies House Filings - See Documents
