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Vet Plus Limited

03076466

active
Private Limited Company
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Current liabilities exceed current assets (-10)
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

ANIMAL HOUSE, LYTHAM, FY8 5LT
Incorporated 06/07/1995

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

32990
Other manufacturing

Officers

Mr David Alan Haythornthwaite

director · Since 20/11/1995

COMPANY DIRECTOR

BRITISH · ENGLAND · Age 72

Also on 61 other boards

Mr David Alan Haythornthwaite

secretary · Since 30/07/1998

BRITISH · ENGLAND · Age 72

Also on 61 other boards

Sharon Haythornthwaite

director · Since 17/03/2000

CO DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 17 other boards

Persons with Significant Control

Tangerine Holdings Ltd

75–100% shares
75–100% votes
Appoint directors

Animal House, Boundary Road, Lytham St. Annes, FY8 5LT

Reg: 02976538 · Companies House · Limited Company

Notified 06/07/2016

Charges2 outstanding

Charge
outstanding

CLYDESDALE BANK PLC (TRADING AS BOTH CLYDESDALE BANK AND YORKSHIRE BANK)

Created 17/02/2022Registered 22/02/2022
charge
outstanding

CLYDESDALE BANK PLC

Created 18/05/2010Registered 26/05/2010
charge
satisfied

THE GOVERNOR AND COMPANY OF THE BANK OF SCOTLAND

Created 30/11/2001Registered 07/12/2001Satisfied 04/11/2010
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 21/08/1998Registered 01/09/1998Satisfied 12/07/2006
charge
satisfied

MIDLAND BANK PLC

Created 09/01/1996Registered 17/01/1996Satisfied 18/11/1998

CompanyRankvs 6817+ SIC 32990 peers
40

Financial strength86th percentile among SIC peers · 22/25
Employees13th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength22/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees2/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to

Key FinancialsYear ending 30/06/2025

Net Worth

£645k

Balance sheet strength

Cash

£46k

Cash in the bank

Profit Before Tax

£1.6M

Bottom line earnings

Net Current Assets

-£965k

Working capital

Current Assets

£14.6M

Current Liabilities

£15.6M

Fixed Assets

£2.1M

Debtors

£10.3M

Cost of Sales

£10.4M

Admin Expenses

£5.0M

Profit After Tax

£1.3M

0avg. employees-52

Tax at Year End

Corp tax£181k
Dividends paid£3.0M

People Costs

Wages & salaries£2.5M

Balance Sheet

Intangible assets£83k
Bank loans & overdrafts£5.4M
Assets less current liabilities£1.1M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94+£2.1M
20240.82-£3.0M
20231.05-£3.8M
20221.25

Derived from filed accounts. Not audited figures.