st david's equine veterinary practice limited
st david's equine veterinary practice limited Company Information
Company Number
11428061
Next Accounts
Mar 2025
Industry
Veterinary activities
Shareholders
alan huw beynon
richard george turner
View AllGroup Structure
View All
Contact
Registered Address
4 king square, bridgwater, somerset, TA6 3YF
st david's equine veterinary practice limited Estimated Valuation
Pomanda estimates the enterprise value of ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED at £427.7k based on a Turnover of £684.5k and 0.62x industry multiple (adjusted for size and gross margin).
st david's equine veterinary practice limited Estimated Valuation
Pomanda estimates the enterprise value of ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED at £0 based on an EBITDA of £-100.3k and a 3.25x industry multiple (adjusted for size and gross margin).
st david's equine veterinary practice limited Estimated Valuation
Pomanda estimates the enterprise value of ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED at £0 based on Net Assets of £-68.5k and 1.21x industry multiple (adjusted for liquidity).
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St David's Equine Veterinary Practice Limited Overview
St David's Equine Veterinary Practice Limited is a live company located in somerset, TA6 3YF with a Companies House number of 11428061. It operates in the veterinary activities sector, SIC Code 75000. Founded in June 2018, it's largest shareholder is alan huw beynon with a 35% stake. St David's Equine Veterinary Practice Limited is a young, small sized company, Pomanda has estimated its turnover at £684.5k with high growth in recent years.
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St David's Equine Veterinary Practice Limited Health Check
Pomanda's financial health check has awarded St David'S Equine Veterinary Practice Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 6 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
6 Weak
Size
annual sales of £684.5k, make it smaller than the average company (£2.1m)
- St David's Equine Veterinary Practice Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (7.5%)
- St David's Equine Veterinary Practice Limited
7.5% - Industry AVG
Production
with a gross margin of 48.2%, this company has a higher cost of product (77.7%)
- St David's Equine Veterinary Practice Limited
77.7% - Industry AVG
Profitability
an operating margin of -15% make it less profitable than the average company (11.9%)
- St David's Equine Veterinary Practice Limited
11.9% - Industry AVG
Employees
with 10 employees, this is below the industry average (29)
10 - St David's Equine Veterinary Practice Limited
29 - Industry AVG
Pay Structure
on an average salary of £33.5k, the company has an equivalent pay structure (£33.5k)
- St David's Equine Veterinary Practice Limited
£33.5k - Industry AVG
Efficiency
resulting in sales per employee of £68.5k, this is equally as efficient (£68.3k)
- St David's Equine Veterinary Practice Limited
£68.3k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (22 days)
- St David's Equine Veterinary Practice Limited
22 days - Industry AVG
Creditor Days
its suppliers are paid after 270 days, this is slower than average (33 days)
- St David's Equine Veterinary Practice Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 23 days, this is less than average (32 days)
- St David's Equine Veterinary Practice Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is more cash available to meet short term requirements (8 weeks)
10 weeks - St David's Equine Veterinary Practice Limited
8 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 135.2%, this is a higher level of debt than the average (40.7%)
135.2% - St David's Equine Veterinary Practice Limited
40.7% - Industry AVG
ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED financials
St David'S Equine Veterinary Practice Limited's latest turnover from June 2023 is estimated at £684.5 thousand and the company has net assets of -£68.5 thousand. According to their latest financial statements, St David'S Equine Veterinary Practice Limited has 10 employees and maintains cash reserves of £52.4 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| 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 | 10 | 12 | 5 | 6 | 6 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Tangible Assets | 9,816 | 4,028 | 3,744 | 2,463 | 3,544 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 9,816 | 4,028 | 3,744 | 2,463 | 3,544 |
| Stock & work in progress | 23,087 | 16,093 | 17,548 | 33,428 | 35,874 |
| Trade Debtors | 109,699 | 235,323 | 149,816 | 77,224 | 42,282 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 0 | 0 | 0 |
| Cash | 52,361 | 28,203 | 36,661 | 32,668 | 12,443 |
| misc current assets | 0 | 0 | 0 | 0 | 0 |
| total current assets | 185,147 | 279,619 | 204,025 | 143,320 | 90,599 |
| total assets | 194,963 | 283,647 | 207,769 | 145,783 | 94,143 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 262,733 | 250,728 | 170,462 | 276,127 | 160,925 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 262,733 | 250,728 | 170,462 | 276,127 | 160,925 |
| loans | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 |
| provisions | 765 | 765 | 711 | 468 | 673 |
| total long term liabilities | 765 | 765 | 711 | 468 | 673 |
| total liabilities | 263,498 | 251,493 | 171,173 | 276,595 | 161,598 |
| net assets | -68,535 | 32,154 | 36,596 | -130,812 | -67,455 |
| total shareholders funds | -68,535 | 32,154 | 36,596 | -130,812 | -67,455 |
| Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Operating Profit | |||||
| Depreciation | 2,418 | 1,701 | 1,625 | 1,081 | 1,152 |
| Amortisation | 0 | 0 | 0 | 0 | 0 |
| Tax | |||||
| Stock | 6,994 | -1,455 | -15,880 | -2,446 | 35,874 |
| Debtors | -125,624 | 85,507 | 72,592 | 34,942 | 42,282 |
| Creditors | 12,005 | 80,266 | -105,665 | 115,202 | 160,925 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 54 | 243 | -205 | 673 |
| Cash flow from operations | |||||
| Investing Activities | |||||
| capital expenditure | |||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | |||||
| Financing Activities | |||||
| Bank loans | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 |
| share issue | |||||
| interest | |||||
| cash flow from financing | |||||
| cash and cash equivalents | |||||
| cash | 24,158 | -8,458 | 3,993 | 20,225 | 12,443 |
| overdraft | 0 | 0 | 0 | 0 | 0 |
| change in cash | 24,158 | -8,458 | 3,993 | 20,225 | 12,443 |
st david's equine veterinary practice limited Credit Report and Business Information
St David's Equine Veterinary Practice Limited Competitor Analysis
Perform a competitor analysis for st david's equine veterinary practice limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in TA6 area or any other competitors across 12 key performance metrics.
st david's equine veterinary practice limited Ownership
ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED group structure
St David'S Equine Veterinary Practice Limited has no subsidiary companies.
Ultimate parent company
ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED
11428061
st david's equine veterinary practice limited directors
St David'S Equine Veterinary Practice Limited currently has 3 directors. The longest serving directors include Mrs Kerry McBain (Jun 2018) and Mr Alan Beynon (Jun 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mrs Kerry McBain | United Kingdom | 51 years | Jun 2018 | - | Director |
| Mr Alan Beynon | United Kingdom | 60 years | Jun 2018 | - | Director |
| Mr Richard Turner | United Kingdom | 67 years | Jun 2018 | - | Director |
P&L
June 2023turnover
684.5k
-44%
operating profit
-102.7k
0%
gross margin
48.2%
+4.3%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
-68.5k
-3.13%
total assets
195k
-0.31%
cash
52.4k
+0.86%
net assets
Total assets minus all liabilities
st david's equine veterinary practice limited company details
company number
11428061
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
June 2018
age
6
incorporated
UK
ultimate parent company
accounts
Unaudited Abridged
last accounts submitted
June 2023
previous names
N/A
accountant
MAXWELLS
auditor
-
address
4 king square, bridgwater, somerset, TA6 3YF
Bank
HSBC BANK PLC
Legal Advisor
-
st david's equine 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 did not find charges/mortgages relating to st david's equine veterinary practice limited.
st david's equine 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 ST DAVID'S EQUINE VETERINARY PRACTICE LIMITED. This can take several minutes, an email will notify you when this has completed.
st david's equine veterinary practice limited Companies House Filings - See Documents
| date | description | view/download |
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