61% Micro
35% Small
3% Mid
1% Large
0% Mega
UK Veterinary Industry Information
The veterinary industry provides health care for farm animals or pets in veterinary hospitals, farms, kennels or homes. It also includes animal ambulance activities.
Active Businesses
4,307
Annual Sales
£8bn +
Employees
91,003
Economic Contribution
£4bn
Tags
61% Micro
35% Small
3% Mid
1% Large
0% Mega
34% Established
33% Young
21% Startup
10% Mature
2% New
30% Declining
26% Healthy
17% High
16% Rapid
10% Low
Veterinary Industry Competitive Environment - New Entrants vs Leavers
Veterinary Industry Valuation
EBITDA Multiple
Veterinary Industry Valuation
Turnover Multiple
Veterinary Industry Valuation
Net Asset Multiple
There are 4,307 active Businesses in the UK with combined annual sales of £8 billion .
The Industry employs around 91,002 people and contributes £4 billion to the economy.
The most popular location for Veterinary companies is North West England with 908 and the fewest are located in Northern Ireland with 88.
The largest Veterinary company is Independent Vetcare Limited with a turnover of £1.1bn. 61% of the industry is comprised of Micro companies with only 3% Mid companies.
10% of the Veterinary Industry is made up of 10% Mature but the majority are Established businesses (34%) the oldest company is British Veterinary Association founded in 1925.
Veterinary industry has a number of high growth companies (16%), the fastest growing company is Benchmark Animal Health Limited with a 3 year growth rate of 68%. Other fast growing companies include Worldwide Veterinary Service (55%), Birmingham Dogs Home(the) (52%) and Premier Veterinary Group Plc (48%).
The UK Veterinary Industry’s valuation has been improving over the past 3 years with a current EBITDA multiple of 7.10x, Turnover multiple of 1.18x and a Net Asset multiple of 1.76x.