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Vet-Ai Ltd

11343174

active
ltd
england wales
Companies House
Health Score
78 / 100

Some Concerns

30/30
Filing
10/30
Financial
38/40
Risk
  • Negative net worth (-10)
  • 1 outstanding charge (-2)

Details

C/O Azets, 12 King Street, Leeds, LS1 2HL
Incorporated 03/05/2018

Compliance

Last accounts

30/09/2025

total exemption full

Next accounts due

29/06/2027

On track

Confirmation statement

Last: 02/05/2026

Due 16/05/2027

On track

Industry

74909
Other professional, scientific and technical activities
75000
Veterinary activities

Officers

Mr Michael John Thorpe

director · Since 16/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 48

Also on 1 other board

Mr Michael Etienne Pascal Aubourg

director · Since 27/10/2023

DIRECTOR

BRITISH,FRENCH · UNITED KINGDOM · Age 40

Mr Etienne Benoit Legangneux

director · Since 30/06/2025

CHIEF EXECUTIVE OFFICER

FRENCH · ENGLAND · Age 39

Also on 1 other board

Mr Jeremiah Zinn

director · Since 14/08/2026

AMERICAN · UNITED STATES · Age 53

Paul Dominic Hallett

director · Since 03/05/2018

English · United Kingdom · Age 46

Robert Charles Dawson

director · Since 03/05/2018

English · United Kingdom · Age 59

Michael John Thorpe

director · Since 16/12/2019

British · England · Age 48

Michael Etienne Pascal Aubourg

director · Since 27/10/2023

British,French · United Kingdom · Age 40

Karen Shenoy

director · Since 30/06/2025

American · Switzerland · Age 47

Etienne Benoit Legangneux

director · Since 30/06/2025

French · England · Age 39

Former

Hendrik Pieter Meijer

director · Resigned 30/06/2025

Mr Robert Charles Dawson

director · Resigned 14/08/2026

Mr Paul Dominic Hallett

director · Resigned 14/08/2026

Dr Karen Shenoy

director · Resigned 14/08/2026

Persons with Significant Control

Chicago Pacific Founders Pet Fund - Off Leash Capital-A, L.P.

Significant control

980, Michigan Ave., Chicago, 60611

Reg: 4840574 · Delaware Division Of Corporations · Limited Partnership

Notified 14/08/2026

Vai Investments Limited

25–50% shares
25–50% votes

16th Floor, 20 Eastbourne Terrace, London, W2 6LG

Reg: 15089960 · Companies House (England And Wales) · Private Company Limited By Shares

Notified 14/08/2026

Correlation One Investments (Europe) Limited

50–75% shares
50–75% votes

3rd Floor, 114a Cromwell Road, London, SW7 4AG

Reg: 14364051 · Companies House (England And Wales) · Private Company Limited By Shares

Notified 14/08/2026

Chicago Pacific Founders Pet Fund - Off Leash Capital, L.P.

Significant control

980, Michigan Ave., Chicago, 60611

Reg: 4840551 · Delaware Division Of Corporations · Limited Partnership

Notified 14/08/2026

Former PSCs

Mr Paul Dominic Hallet

Ceased 17/03/2023

Mr Robert Charles Dawson

Ceased 17/03/2023

Correlation One Holdings Limited

Ceased 14/02/2023

Charges1 outstanding

A registered charge
satisfied

CORRELATION ONE INVESTMENTS (EUROPE) LIMITED

Created 30/08/2023Registered 26/08/2026Satisfied 26/08/2026
Charge
outstanding

CORRELATION ONE INVESTMENTS (EUROPE) LIMITED

Created 30/08/2023Registered 19/09/2023
Charge
satisfied

CORRELATION ONE HOLDINGS LIMITED

Created 13/04/2022Registered 19/04/2022Satisfied 19/09/2023
Charge
satisfied

CORRELATION ONE HOLDINGS LIMITED

Created 15/11/2021Registered 19/11/2021Satisfied 19/04/2022

Change History

officer appointedAUBOURG, Michael Etienne Pascal
2026-07-29
officer appointedDAWSON, Robert Charles
2026-07-29
officer appointedHALLETT, Paul Dominic
2026-07-29
officer appointedLEGANGNEUX, Etienne Benoit
2026-07-29
officer appointedSHENOY, Karen, Dr
2026-07-29
officer appointedTHORPE, Michael John
2026-07-29
statusactive
2026-07-29

Active

typeltd
2026-07-29

Private Limited Company

address line1C/O Azets
2026-07-29

C/O AZETS

post townLeeds
2026-07-29

LEEDS

CompanyRankvs 42124+ SIC 74909 peers
34

Financial strength0th percentile among SIC peers · 0/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.94× · 6/20
Longevity8 years trading (max 15) · 8/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength0/25 pts

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

Employees15/15 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.

Longevity8/15 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 30/09/2025

Net Worth

-£13.5M

Balance sheet strength

Cash

£219k

Cash in the bank

Net Current Assets

-£66k

Working capital

Current Assets

£977k

Current Liabilities

£1.0M

Fixed Assets

£4.0M

Debtors

£753k

112avg. employees-10

Balance Sheet

Intangible assets£3.8M
Assets less current liabilities£3.9M
Prepared with CCH Software

EstimatesDerived

YearCurrent RatioImplied Profit
20250.94-£9.4M
20242.37-£5.5M
20230.77

Derived from filed accounts. Not audited figures.