vet plus uk limited
vet plus uk limited Company Information
Company Number
14316169
Next Accounts
Mar 2025
Directors
Shareholders
tangerine holdings limited
Group Structure
View All
Industry
Other manufacturing n.e.c.
Registered Address
animal house boundary road, lytham, lancashire, FY8 5LT
Website
-vet plus uk limited Estimated Valuation
Pomanda estimates the enterprise value of VET PLUS UK LIMITED at £3.3m based on a Turnover of £4.7m and 0.72x industry multiple (adjusted for size and gross margin).
vet plus uk limited Estimated Valuation
Pomanda estimates the enterprise value of VET PLUS UK LIMITED at £13.7m based on an EBITDA of £2.8m and a 4.81x industry multiple (adjusted for size and gross margin).
vet plus uk limited Estimated Valuation
Pomanda estimates the enterprise value of VET PLUS UK LIMITED at £4.6m based on Net Assets of £2.1m and 2.14x industry multiple (adjusted for liquidity).
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Vet Plus Uk Limited Overview
Vet Plus Uk Limited is a live company located in lancashire, FY8 5LT with a Companies House number of 14316169. It operates in the other manufacturing n.e.c. sector, SIC Code 32990. Founded in August 2022, it's largest shareholder is tangerine holdings limited with a 100% stake. Vet Plus Uk Limited is a startup, small sized company, Pomanda has estimated its turnover at £4.7m with unknown growth in recent years.
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Vet Plus Uk Limited Health Check
Pomanda's financial health check has awarded Vet Plus Uk Limited a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 5 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
5 Weak
Size
annual sales of £4.7m, make it smaller than the average company (£13.1m)
- Vet Plus Uk Limited
£13.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vet Plus Uk Limited
- - Industry AVG
Production
with a gross margin of 29.6%, this company has a comparable cost of product (29.6%)
- Vet Plus Uk Limited
29.6% - Industry AVG
Profitability
an operating margin of 61.2% make it more profitable than the average company (6.3%)
- Vet Plus Uk Limited
6.3% - Industry AVG
Employees
with 22 employees, this is below the industry average (70)
22 - Vet Plus Uk Limited
70 - Industry AVG
Pay Structure
on an average salary of £40.5k, the company has an equivalent pay structure (£40.5k)
- Vet Plus Uk Limited
£40.5k - Industry AVG
Efficiency
resulting in sales per employee of £211.6k, this is more efficient (£175.9k)
- Vet Plus Uk Limited
£175.9k - Industry AVG
Debtor Days
it gets paid by customers after 116 days, this is later than average (56 days)
- Vet Plus Uk Limited
56 days - Industry AVG
Creditor Days
its suppliers are paid after 0 days, this is quicker than average (45 days)
- Vet Plus Uk Limited
45 days - Industry AVG
Stock Days
it holds stock equivalent to 55 days, this is less than average (70 days)
- Vet Plus Uk Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 2 weeks, this is less cash available to meet short term requirements (12 weeks)
2 weeks - Vet Plus Uk Limited
12 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 53.1%, this is a similar level of debt than the average (49.8%)
53.1% - Vet Plus Uk Limited
49.8% - Industry AVG
VET PLUS UK LIMITED financials
Vet Plus Uk Limited's latest turnover from June 2023 is estimated at £4.7 million and the company has net assets of £2.1 million. According to their latest financial statements, Vet Plus Uk Limited has 22 employees and maintains cash reserves of £108 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Jun 2023 | |
|---|---|
| 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 | 22 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Jun 2023 | |
|---|---|
| Tangible Assets | 31,999 |
| Intangible Assets | |
| Investments & Other | |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 31,999 |
| Stock & work in progress | 498,493 |
| Trade Debtors | 1,488,653 |
| Group Debtors | 2,208,717 |
| Misc Debtors | 217,570 |
| Cash | 108,025 |
| misc current assets | |
| total current assets | 4,521,458 |
| total assets | 4,553,457 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | 6,789 |
| Group/Directors Accounts | 1,841 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 2,407,864 |
| total current liabilities | 2,416,494 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 2,416,494 |
| net assets | 2,136,963 |
| total shareholders funds | 2,136,963 |
| Jun 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 498,493 |
| Debtors | 3,914,940 |
| Creditors | 6,789 |
| Accruals and Deferred Income | 2,407,864 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 1,841 |
| Other Short Term Loans | |
| Long term loans | |
| Hire Purchase and Lease Commitments | |
| other long term liabilities | |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 108,025 |
| overdraft | |
| change in cash | 108,025 |
vet plus uk limited Credit Report and Business Information
Vet Plus Uk Limited Competitor Analysis
Perform a competitor analysis for vet plus uk limited by selecting its closest rivals, whether from the MANUFACTURING sector, other small companies, companies in FY8 area or any other competitors across 12 key performance metrics.
vet plus uk limited Ownership
VET PLUS UK LIMITED group structure
Vet Plus Uk Limited has no subsidiary companies.
Ultimate parent company
2 parents
VET PLUS UK LIMITED
14316169
vet plus uk limited directors
Vet Plus Uk Limited currently has 1 director, Mr David Haythornthwaite serving since Aug 2022.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Haythornthwaite | United Kingdom | 71 years | Aug 2022 | - | Director |
P&L
June 2023turnover
4.7m
0%
operating profit
2.8m
0%
gross margin
29.6%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
2.1m
0%
total assets
4.6m
0%
cash
108k
0%
net assets
Total assets minus all liabilities
Similar Companies
vet plus uk limited company details
company number
14316169
Type
Private limited with Share Capital
industry
32990 - Other manufacturing n.e.c.
incorporation date
August 2022
age
3
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
June 2023
previous names
N/A
accountant
BISHOPS AUDIT LIMITED
auditor
-
address
animal house boundary road, lytham, lancashire, FY8 5LT
Bank
-
Legal Advisor
-
vet plus 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 1 charges/mortgages relating to vet plus uk limited. Currently there are 1 open charges and 0 have been satisfied in the past.
vet plus 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 VET PLUS UK LIMITED. This can take several minutes, an email will notify you when this has completed.
vet plus uk limited Companies House Filings - See Documents
| date | description | view/download |
|---|
