
Company Number
SC377868
Next Accounts
Jan 2026
Shareholders
j graeme fowlie limited
ewan jamieson limited
View AllGroup Structure
View All
Industry
Veterinary activities
Registered Address
51-53 high street, turriff, AB53 4EJ
Website
www.meadowsvets.ukvol.co.ukPomanda estimates the enterprise value of MEADOWS VETERINARY CENTRE LIMITED at £4m based on a Turnover of £6m and 0.66x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MEADOWS VETERINARY CENTRE LIMITED at £995.9k based on an EBITDA of £277k and a 3.6x industry multiple (adjusted for size and gross margin).
Pomanda estimates the enterprise value of MEADOWS VETERINARY CENTRE LIMITED at £2.9m based on Net Assets of £2.3m and 1.29x industry multiple (adjusted for liquidity).
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Meadows Veterinary Centre Limited is a live company located in turriff, AB53 4EJ with a Companies House number of SC377868. It operates in the veterinary activities sector, SIC Code 75000. Founded in April 2010, it's largest shareholder is j graeme fowlie limited with a 42.1% stake. Meadows Veterinary Centre Limited is a established, mid sized company, Pomanda has estimated its turnover at £6m with healthy growth in recent years.
Pomanda's financial health check has awarded Meadows Veterinary Centre Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
4 Weak
Size
annual sales of £6m, make it larger than the average company (£2.1m)
- Meadows Veterinary Centre Limited
£2.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 5%, show it is growing at a slower rate (11.3%)
- Meadows Veterinary Centre Limited
11.3% - Industry AVG
Production
with a gross margin of 77.3%, this company has a comparable cost of product (77.3%)
- Meadows Veterinary Centre Limited
77.3% - Industry AVG
Profitability
an operating margin of 3.8% make it less profitable than the average company (10.7%)
- Meadows Veterinary Centre Limited
10.7% - Industry AVG
Employees
with 32 employees, this is similar to the industry average (29)
32 - Meadows Veterinary Centre Limited
29 - Industry AVG
Pay Structure
on an average salary of £35.4k, the company has an equivalent pay structure (£35.4k)
- Meadows Veterinary Centre Limited
£35.4k - Industry AVG
Efficiency
resulting in sales per employee of £188.4k, this is more efficient (£71.7k)
- Meadows Veterinary Centre Limited
£71.7k - Industry AVG
Debtor Days
it gets paid by customers after 39 days, this is later than average (20 days)
- Meadows Veterinary Centre Limited
20 days - Industry AVG
Creditor Days
its suppliers are paid after 145 days, this is slower than average (37 days)
- Meadows Veterinary Centre Limited
37 days - Industry AVG
Stock Days
it holds stock equivalent to 125 days, this is more than average (32 days)
- Meadows Veterinary Centre Limited
32 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 65 weeks, this is more cash available to meet short term requirements (18 weeks)
65 weeks - Meadows Veterinary Centre Limited
18 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 27.9%, this is a lower level of debt than the average (38.6%)
27.9% - Meadows Veterinary Centre Limited
38.6% - Industry AVG
Meadows Veterinary Centre Limited's latest turnover from April 2024 is estimated at £6 million and the company has net assets of £2.3 million. According to their latest financial statements, Meadows Veterinary Centre Limited has 32 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 2,039,175 | 2,340,261 | 2,676,640 | |||||||||||
Other Income Or Grants | ||||||||||||||
Cost Of Sales | 913,268 | 1,199,856 | 1,530,847 | |||||||||||
Gross Profit | 1,125,907 | 1,140,405 | 1,145,793 | |||||||||||
Admin Expenses | 749,033 | 997,474 | 1,028,891 | |||||||||||
Operating Profit | 376,874 | 142,931 | 116,902 | |||||||||||
Interest Payable | 4,923 | 3,242 | 426 | |||||||||||
Interest Receivable | ||||||||||||||
Pre-Tax Profit | 371,951 | 139,689 | 116,476 | |||||||||||
Tax | -87,175 | -29,900 | -15,607 | |||||||||||
Profit After Tax | 284,776 | 109,789 | 100,869 | |||||||||||
Dividends Paid | 60,000 | 67,500 | 87,500 | |||||||||||
Retained Profit | 224,776 | 42,289 | 13,369 | |||||||||||
Employee Costs | ||||||||||||||
Number Of Employees | 32 | 31 | 31 | 29 | 32 | 30 | 30 | 31 | ||||||
EBITDA* | 424,883 | 191,111 | 169,810 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 932,559 | 924,027 | 927,045 | 713,674 | 693,185 | 705,319 | 692,565 | 640,000 | 645,815 | 530,207 | 517,292 | 518,292 | 514,032 | 515,520 |
Intangible Assets | 31,702 | 63,402 | 95,102 | 126,802 | ||||||||||
Investments & Other | ||||||||||||||
Debtors (Due After 1 year) | ||||||||||||||
Total Fixed Assets | 932,559 | 924,027 | 927,045 | 713,674 | 693,185 | 705,319 | 692,565 | 640,000 | 645,815 | 530,207 | 548,994 | 581,694 | 609,134 | 642,322 |
Stock & work in progress | 470,036 | 310,935 | 317,492 | 227,629 | 214,312 | 274,515 | 262,857 | 264,507 | 189,097 | 168,890 | 148,872 | 117,966 | 101,744 | 159,447 |
Trade Debtors | 657,246 | 640,330 | 530,204 | 550,270 | 508,266 | 494,625 | 413,957 | 358,952 | 109,947 | 316,070 | 271,155 | 293,314 | 228,214 | 361,770 |
Group Debtors | ||||||||||||||
Misc Debtors | 35,986 | 35,989 | 32,823 | 35,545 | 41,008 | 40,484 | 65,900 | 8,388 | 248,203 | 6,920 | 6,968 | 11,428 | ||
Cash | 1,065,159 | 942,655 | 884,735 | 894,183 | 514,364 | 474,632 | 339,691 | 560,049 | 466,135 | 282,603 | 142,217 | 342,166 | 213,127 | 45,041 |
misc current assets | ||||||||||||||
total current assets | 2,228,427 | 1,929,909 | 1,765,254 | 1,707,627 | 1,277,950 | 1,284,256 | 1,082,405 | 1,191,896 | 1,013,382 | 767,563 | 562,244 | 760,366 | 550,053 | 577,686 |
total assets | 3,160,986 | 2,853,936 | 2,692,299 | 2,421,301 | 1,971,135 | 1,989,575 | 1,774,970 | 1,831,896 | 1,659,197 | 1,297,770 | 1,111,238 | 1,342,060 | 1,159,187 | 1,220,008 |
Bank overdraft | ||||||||||||||
Bank loan | ||||||||||||||
Trade Creditors | 546,679 | 471,383 | 540,764 | 455,184 | 479,856 | 480,952 | 504,785 | 493,776 | 775,369 | 520,584 | 614,900 | 305,333 | 288,017 | 384,798 |
Group/Directors Accounts | 2,598 | 2,598 | 2,598 | 2,599 | 2,598 | 3,592 | 3,591 | 8,388 | 399,250 | 489,419 | 729,231 | |||
other short term finances | 201,825 | 204,409 | ||||||||||||
hp & lease commitments | ||||||||||||||
other current liabilities | 295,500 | 273,935 | 268,804 | 317,750 | 227,263 | 214,444 | 173,345 | 170,665 | 140,306 | 118,684 | 89,610 | |||
total current liabilities | 844,777 | 747,916 | 812,166 | 775,533 | 709,717 | 698,988 | 681,721 | 672,829 | 775,369 | 520,584 | 614,900 | 1,046,714 | 1,100,529 | 1,203,639 |
loans | ||||||||||||||
hp & lease commitments | ||||||||||||||
Accruals and Deferred Income | ||||||||||||||
other liabilities | ||||||||||||||
provisions | 37,763 | 40,747 | 31,934 | 26,260 | 23,250 | 25,555 | 22,972 | 9,279 | 11,233 | 15,077 | 14,684 | 11,912 | ||
total long term liabilities | 37,763 | 40,747 | 31,934 | 26,260 | 23,250 | 25,555 | 22,972 | 9,279 | 11,233 | 15,077 | 14,684 | 11,912 | ||
total liabilities | 882,540 | 788,663 | 844,100 | 801,793 | 732,967 | 724,543 | 704,693 | 682,108 | 786,602 | 535,661 | 629,584 | 1,058,626 | 1,100,529 | 1,203,639 |
net assets | 2,278,446 | 2,065,273 | 1,848,199 | 1,619,508 | 1,238,168 | 1,265,032 | 1,070,277 | 1,149,788 | 872,595 | 762,109 | 481,654 | 283,434 | 58,658 | 16,369 |
total shareholders funds | 2,278,446 | 2,065,273 | 1,848,199 | 1,619,508 | 1,238,168 | 1,265,032 | 1,070,277 | 1,149,788 | 872,595 | 762,109 | 481,654 | 283,434 | 58,658 | 16,369 |
Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||||
Operating Profit | 376,874 | 142,931 | 116,902 | |||||||||||
Depreciation | 45,430 | 51,435 | 51,262 | 39,314 | 31,799 | 27,267 | 24,019 | 14,893 | 16,785 | 17,405 | 14,338 | 16,309 | 16,480 | 21,208 |
Amortisation | 27,783 | 31,702 | 31,700 | 31,700 | 31,700 | 31,700 | ||||||||
Tax | -87,175 | -29,900 | -15,607 | |||||||||||
Stock | 159,101 | -6,557 | 89,863 | 13,317 | -60,203 | 11,658 | -1,650 | 75,410 | 20,207 | 20,018 | 30,906 | 16,222 | -57,703 | 159,447 |
Debtors | 16,913 | 113,292 | -22,788 | 36,541 | 14,165 | 55,252 | 112,517 | 9,190 | 42,080 | 44,915 | -29,079 | 65,052 | -138,016 | 373,198 |
Creditors | 75,296 | -69,381 | 85,580 | -24,672 | -1,096 | -23,833 | 11,009 | -281,593 | 254,785 | -94,316 | 309,567 | 17,316 | -96,781 | 384,798 |
Accruals and Deferred Income | 21,565 | 5,131 | -48,946 | 90,487 | 12,819 | 41,099 | 2,680 | 170,665 | -140,306 | 21,622 | 29,074 | 89,610 | ||
Deferred Taxes & Provisions | -2,984 | 8,813 | 5,674 | 3,010 | -2,305 | 2,583 | 13,693 | -1,954 | -3,844 | 393 | 2,772 | 11,912 | ||
Cash flow from operations | 307,284 | 289,223 | 95,966 | |||||||||||
Investing Activities | ||||||||||||||
capital expenditure | ||||||||||||||
Change in Investments | ||||||||||||||
cash flow from investments | ||||||||||||||
Financing Activities | ||||||||||||||
Bank loans | ||||||||||||||
Group/Directors Accounts | -1 | 1 | -994 | 1 | -4,797 | 8,388 | -399,250 | -90,169 | -239,812 | 729,231 | ||||
Other Short Term Loans | -201,825 | -2,584 | 204,409 | |||||||||||
Long term loans | ||||||||||||||
Hire Purchase and Lease Commitments | ||||||||||||||
other long term liabilities | ||||||||||||||
share issue | ||||||||||||||
interest | -4,923 | -3,242 | -426 | |||||||||||
cash flow from financing | -97,676 | -38,645 | 731,805 | |||||||||||
cash and cash equivalents | ||||||||||||||
cash | 122,504 | 57,920 | -9,448 | 379,819 | 39,732 | 134,941 | -220,358 | 93,914 | 183,532 | 140,386 | -199,949 | 129,039 | 168,086 | 45,041 |
overdraft | ||||||||||||||
change in cash | 122,504 | 57,920 | -9,448 | 379,819 | 39,732 | 134,941 | -220,358 | 93,914 | 183,532 | 140,386 | -199,949 | 129,039 | 168,086 | 45,041 |
Perform a competitor analysis for meadows veterinary centre limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other mid companies, companies in AB53 area or any other competitors across 12 key performance metrics.
MEADOWS VETERINARY CENTRE LIMITED group structure
Meadows Veterinary Centre Limited has no subsidiary companies.
Ultimate parent company
MEADOWS VETERINARY CENTRE LIMITED
SC377868
Meadows Veterinary Centre Limited currently has 4 directors. The longest serving directors include Mr Graeme Fowlie (Jun 2010) and Ms Anne Pirie (May 2017).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Graeme Fowlie | Scotland | 46 years | Jun 2010 | - | Director |
Ms Anne Pirie | 63 years | May 2017 | - | Director | |
Mr Ewan Jamieson | Scotland | 36 years | Oct 2017 | - | Director |
Mr Andreas Mertin | 46 years | Oct 2017 | - | Director |
P&L
April 2024turnover
6m
+22%
operating profit
231.5k
0%
gross margin
77.4%
+2.03%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
2.3m
+0.1%
total assets
3.2m
+0.11%
cash
1.1m
+0.13%
net assets
Total assets minus all liabilities
company number
SC377868
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
April 2010
age
15
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
April 2024
previous names
N/A
accountant
BAIN HENRY REID
auditor
-
address
51-53 high street, turriff, AB53 4EJ
Bank
VIRGIN MONEY PLC
Legal Advisor
-
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 2 charges/mortgages relating to meadows veterinary centre limited. Currently there are 2 open charges and 0 have been satisfied in the past.
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 MEADOWS VETERINARY CENTRE LIMITED. This can take several minutes, an email will notify you when this has completed.
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