vets now emergency limited

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vets now emergency limited Company Information

Share VETS NOW EMERGENCY LIMITED

Company Number

SC218632

Directors

-

Shareholders

vn holdings limited

Group Structure

View All

Industry

Veterinary activities

 

Registered Address

penguin house castle riggs, dunfermline, fife, KY11 8SG

vets now emergency limited Estimated Valuation

£115m

Pomanda estimates the enterprise value of VETS NOW EMERGENCY LIMITED at £115m based on a Turnover of £114.5m and 1x industry multiple (adjusted for size and gross margin).

vets now emergency limited Estimated Valuation

£91.1m

Pomanda estimates the enterprise value of VETS NOW EMERGENCY LIMITED at £91.1m based on an EBITDA of £16.3m and a 5.58x industry multiple (adjusted for size and gross margin).

vets now emergency limited Estimated Valuation

£79.4m

Pomanda estimates the enterprise value of VETS NOW EMERGENCY LIMITED at £79.4m based on Net Assets of £66.3m and 1.2x industry multiple (adjusted for liquidity).

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Vets Now Emergency Limited Overview

Vets Now Emergency Limited is a live company located in fife, KY11 8SG with a Companies House number of SC218632. It operates in the veterinary activities sector, SIC Code 75000. Founded in April 2001, it's largest shareholder is vn holdings limited with a 100% stake. Vets Now Emergency Limited is a mature, mega sized company, Pomanda has estimated its turnover at £114.5m with high growth in recent years.

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Vets Now Emergency Limited Health Check

Pomanda's financial health check has awarded Vets Now Emergency Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

6 Strong

positive_score

3 Regular

positive_score

3 Weak

size

Size

annual sales of £114.5m, make it larger than the average company (£1.8m)

£114.5m - Vets Now Emergency Limited

£1.8m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of 17%, show it is growing at a faster rate (8.5%)

17% - Vets Now Emergency Limited

8.5% - Industry AVG

production

Production

with a gross margin of 43.6%, this company has a higher cost of product (76.1%)

43.6% - Vets Now Emergency Limited

76.1% - Industry AVG

profitability

Profitability

an operating margin of 12.9% make it more profitable than the average company (10.5%)

12.9% - Vets Now Emergency Limited

10.5% - Industry AVG

employees

Employees

with 1703 employees, this is above the industry average (26)

1703 - Vets Now Emergency Limited

26 - Industry AVG

paystructure

Pay Structure

on an average salary of £34.5k, the company has an equivalent pay structure (£34.4k)

£34.5k - Vets Now Emergency Limited

£34.4k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £67.2k, this is equally as efficient (£69.7k)

£67.2k - Vets Now Emergency Limited

£69.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 23 days, this is near the average (22 days)

23 days - Vets Now Emergency Limited

22 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 7 days, this is quicker than average (42 days)

7 days - Vets Now Emergency Limited

42 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 2 days, this is less than average (32 days)

2 days - Vets Now Emergency Limited

32 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 6 weeks, this is less cash available to meet short term requirements (18 weeks)

6 weeks - Vets Now Emergency Limited

18 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 19.5%, this is a lower level of debt than the average (40.2%)

19.5% - Vets Now Emergency Limited

40.2% - Industry AVG

VETS NOW EMERGENCY LIMITED financials

EXPORTms excel logo

Vets Now Emergency Limited's latest turnover from September 2023 is £114.5 million and the company has net assets of £66.3 million. According to their latest financial statements, Vets Now Emergency Limited has 1,703 employees and maintains cash reserves of £1.4 million as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Turnover114,486,391104,081,90088,829,89172,312,44677,788,50139,254,72635,097,59031,686,31728,606,90025,596,04024,528,64022,636,88820,546,16717,423,740
Other Income Or Grants45,070
Cost Of Sales64,568,50658,773,34446,170,50338,937,70658,188,29926,953,62123,095,63720,549,73318,989,94317,303,81116,814,86816,489,80014,719,85511,131,778
Gross Profit49,917,88545,308,55642,659,38833,419,81019,600,20212,301,10512,001,95311,136,5849,616,9578,292,2297,713,7726,147,0885,826,3126,291,962
Admin Expenses35,169,74531,707,28829,747,20925,816,49716,383,46510,169,6108,454,5646,715,2865,744,7085,653,5173,219,8975,121,3834,452,1465,016,620
Operating Profit14,748,14013,601,26812,912,1797,603,3133,216,7372,131,4953,547,3894,421,2983,872,2492,638,7124,493,8751,025,7051,374,1661,275,342
Interest Payable73,811127,314163,515126,42963,43460,8348,52268,03399,710136,196151,46380,69576,72588,158
Interest Receivable2,429,2851,150103421,2437,16310,649
Pre-Tax Profit17,103,61413,475,10412,748,6647,476,8843,153,3032,070,6613,538,9704,353,2693,772,5412,502,5164,343,655945,0101,304,6041,197,833
Tax-213,770-607,3742,1851,018,490-498,220-366,661-604,275-968,234-808,504-506,133-219,587-258,666-383,566-121,429
Profit After Tax16,889,84412,867,73012,750,8498,495,3742,655,0831,704,0002,934,6953,385,0352,964,0371,996,3834,124,068686,344921,0381,076,404
Dividends Paid427,200281,8003,966,8002,204,800446,458116,6671,299,00024,000204,00074,000
Retained Profit16,889,84412,867,73012,750,8498,495,3742,227,8831,422,200-1,032,1051,180,2352,517,5791,879,7162,825,068662,344717,0381,002,404
Employee Costs58,669,08254,525,31047,720,72838,487,79845,772,52227,691,19323,353,87919,777,28817,635,1302,574,7872,683,20815,180,88713,384,50711,025,498
Number Of Employees1,7031,6831,4691,3041,4431,1541,058986936926919863780671
EBITDA*16,324,24915,457,06614,922,8949,324,3105,992,9743,014,4314,280,0954,998,0894,342,8703,217,6445,061,7361,506,9211,820,0281,601,311

* Earnings Before Interest, Tax, Depreciation and Amortisation

Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Tangible Assets60,035,93057,023,54048,308,24218,708,9995,931,1402,760,0042,847,0112,576,3842,590,1273,143,5423,324,5363,408,9893,102,0543,242,864
Intangible Assets9,441,5249,883,1606,340,1776,340,1776,340,1771,245,4071,535,5421,761,3582,087,9101,788,0241,927,8242,006,3521,663,7991,001,830
Investments & Other538,903470,266145,000145,000145,000145,000145,000145,000145,000145,000
Debtors (Due After 1 year)42,458,60011,931,122
Total Fixed Assets70,016,35767,376,96654,648,41925,049,17612,271,3174,150,4114,527,5534,482,7424,823,0375,076,5665,397,3605,560,3414,910,8534,244,694
Stock & work in progress366,278386,982402,662349,773349,304412,032364,482333,664322,355332,025322,382320,775286,101238,108
Trade Debtors7,221,3405,567,8158,339,0448,104,5694,304,8732,320,7081,833,1261,879,0061,482,9291,200,0661,658,8621,390,7391,527,694886,270
Group Debtors10,439,8679,573,8725,315,5607,286,6306,517,4675,698,5321,901,866901,2751,019,950
Misc Debtors3,397,2582,807,8331,733,9561,664,354818,3981,147,507808,321479,478452,171748,906480,264522,4691,058,991871,768
Cash1,432,127551,2747,758,20710,801,7653,588,6764,298,3303,313,7084,531,6343,600,8072,030,708485,9831,240,4621,451,676822,018
misc current assets
total current assets12,417,0039,313,90418,233,86920,920,4619,061,25118,618,44415,893,50912,539,34213,144,89210,829,1728,646,0235,376,3115,225,7373,838,114
total assets82,433,36076,690,87072,882,28845,969,63721,332,56822,768,85520,421,06217,022,08417,967,92915,905,73814,043,38310,936,65210,136,5908,082,808
Bank overdraft272,372137,600
Bank loan531,704401,345137,600
Trade Creditors 1,311,1311,427,0951,691,6761,416,318540,9061,032,307893,648651,214562,668635,585670,686357,734526,921442,218
Group/Directors Accounts1,336,5691,116,03564,5972,035,9421,351,9911,284,1714,0312,0002,000
other short term finances
hp & lease commitments365,824449,222313,701247,29471,65569,0811,191
other current liabilities10,403,00510,788,70513,230,06911,709,4585,215,9064,123,4663,758,0903,840,2863,614,8243,561,6772,352,8823,269,8473,080,7912,097,663
total current liabilities12,079,96012,665,02215,235,44613,373,0705,756,8126,563,9975,836,8544,556,0976,213,4346,080,9574,709,0843,903,9843,747,3122,680,672
loans1,053,67311,209,14024,190,58312,040,879236,9453,063,2923,113,980164,684702,9141,305,0642,502,8872,901,5282,798,9002,431,500
hp & lease commitments2,957,1193,363,9443,128,7753,278,49730,639102,294
Accruals and Deferred Income
other liabilities7,14314,28578,57185,714125,000105,000
provisions
total long term liabilities4,010,79214,573,08421,061,8088,762,382236,9453,093,9313,216,274171,827717,1991,305,0642,581,4582,987,2422,923,9002,536,500
total liabilities16,090,75227,238,10636,297,25422,135,4525,993,7579,657,9289,053,1284,727,9246,930,6337,386,0217,290,5426,891,2266,671,2125,217,172
net assets66,342,60849,452,76436,585,03423,834,18515,338,81113,110,92711,367,93412,294,16011,037,2968,519,7176,752,8414,045,4263,465,3782,865,636
total shareholders funds66,342,60849,452,76436,585,03423,834,18515,338,81113,110,92711,367,93412,294,16011,037,2968,519,7176,752,8414,045,4263,465,3782,865,636
Sep 2023Sep 2022Sep 2021Sep 2020Sep 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014Mar 2013Mar 2012Mar 2011Mar 2010
Operating Activities
Operating Profit14,748,14013,601,26812,912,1797,603,3133,216,7372,131,4953,547,3894,421,2983,872,2492,638,7124,493,8751,025,7051,374,1661,275,342
Depreciation1,576,1091,855,7982,010,7151,720,9971,406,852583,918506,890264,877359,801469,906458,559382,163382,941311,012
Amortisation1,369,385299,018225,816311,914110,820109,026109,30299,05362,92114,957
Tax-213,770-607,3742,1851,018,490-498,220-366,661-604,275-968,234-808,504-506,133-219,587-258,666-383,566-121,429
Stock-20,704-15,68052,889469-62,72847,55030,81811,309-9,6709,6431,60734,67447,993238,108
Debtors2,242,950-44,155,95230,831,55516,576,774-8,784,8111,692,7634,541,275-1,547,686755,291628,7814,022,584327,114709,9722,777,988
Creditors-115,964-264,581275,358875,412-491,401138,659242,43488,546-72,917-35,101312,952-169,18784,703442,218
Accruals and Deferred Income-385,700-2,441,3641,520,6116,493,5521,092,440365,376-82,196225,46253,1471,208,795-916,965189,056983,1282,097,663
Deferred Taxes & Provisions
Cash flow from operations13,386,56956,315,379-14,163,3961,134,52114,943,3321,411,492-736,0355,880,2402,768,9753,246,781213,945906,3361,746,3281,003,667
Investing Activities
capital expenditure-4,146,863-14,114,079-31,609,958-14,498,856-11,042,143-505,794-777,517-236,496-217,092-258,138-404,880-1,130,704-967,021-1,657,825
Change in Investments68,637470,266-145,000145,000
cash flow from investments-4,215,500-14,584,345-31,609,958-14,498,856-10,897,143-505,794-777,517-236,496-217,092-258,138-404,880-1,130,704-1,112,021-1,657,825
Financing Activities
Bank loans-531,704130,359401,345-137,600137,600
Group/Directors Accounts-1,336,569220,5341,051,438-1,971,345683,95167,8201,280,1402,0312,000
Other Short Term Loans
Long term loans-10,155,467-12,981,44312,149,70411,803,934-2,826,347-50,6882,949,296-538,230-602,150-1,197,823-398,641102,628367,4002,431,500
Hire Purchase and Lease Commitments-490,223370,690-83,3153,525,791-102,294-69,081171,375-1,1911,191
other long term liabilities-7,143-7,14214,285-78,571-7,143-39,28620,000105,000
share issue1320,793105,87976,629-112,840-117,653-82,296-117,2961,863,232
interest2,355,474-126,164-163,515-126,429-63,434-60,834-8,419-68,029-99,708-136,196-150,220-80,695-69,562-77,509
cash flow from financing-8,290,216-12,736,91711,902,87415,203,296-4,328,643360,7244,262,426-2,508,117-535,326-1,327,2511,007,828-235,218336,9514,325,414
cash and cash equivalents
cash880,853-7,206,933-3,043,5587,213,089-709,654984,622-1,217,926930,8271,570,0991,544,725-754,479-211,214629,658822,018
overdraft-272,372272,372-137,600137,600
change in cash880,853-7,206,933-3,043,5587,213,089-709,654984,622-1,217,926930,8271,570,0991,544,725-482,107-483,586767,258684,418

vets now emergency limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Vets Now Emergency Limited Competitor Analysis

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Perform a competitor analysis for vets now emergency limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mega companies, companies in KY11 area or any other competitors across 12 key performance metrics.

vets now emergency limited Ownership

VETS NOW EMERGENCY LIMITED group structure

Vets Now Emergency Limited has no subsidiary companies.

Ultimate parent company

ISLAY NEW GROUP HOLDING SA

#0146137

2 parents

VETS NOW EMERGENCY LIMITED

SC218632

VETS NOW EMERGENCY LIMITED Shareholders

vn holdings limited 100%

vets now emergency limited directors

Vets Now Emergency Limited currently has 1 director, undefined undefined serving since - .

officercountryagestartendrole

P&L

September 2023

turnover

114.5m

+10%

operating profit

14.7m

+8%

gross margin

43.7%

+0.16%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

September 2023

net assets

66.3m

+0.34%

total assets

82.4m

+0.07%

cash

1.4m

+1.6%

net assets

Total assets minus all liabilities

vets now emergency limited company details

company number

SC218632

Type

Private limited with Share Capital

industry

75000 - Veterinary activities

incorporation date

April 2001

age

24

incorporated

UK

ultimate parent company

ISLAY NEW GROUP HOLDING SA

accounts

Full Accounts

last accounts submitted

September 2023

previous names

vets now limited (April 2008)

accountant

-

auditor

DELOITTE LLP

address

penguin house castle riggs, dunfermline, fife, KY11 8SG

Bank

HSBC BANK PLC

Legal Advisor

-

vets now emergency 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 6 charges/mortgages relating to vets now emergency limited. Currently there are 1 open charges and 5 have been satisfied in the past.

vets now emergency 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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vets now emergency limited Companies House Filings - See Documents

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