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Vets 1 Group (King'S Lynn) Limited

12205991

active
Private Limited Company
Companies House
Health Score
64 / 100

Some Concerns

30/30
Filing
0/30
Financial
34/40
Risk
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

HOME FARM BARNS, KING'S LYNN, PE33 9DU
Incorporated 13/09/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

75000
Veterinary activities

Officers

Mrs Katharine Sarah Power

secretary · Since 13/09/2019

Also on 2 other boards

Mrs Katharine Sarah Power

director · Since 13/09/2019

VETERINARY SURGEON

BRITISH · UNITED KINGDOM · Age 40

Also on 2 other boards

Mr Simon Power

director · Since 03/12/2019

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 2 other boards

Persons with Significant Control

Vets 1 Group Holdings Ltd

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

Home Farm Barns, Downham Road, Crimplesham, King's Lynn, PE33 9DU

Reg: 12205966 · Companies House (Uk) · Private Company Limited By Shares (Uk)

Notified 14/09/2019

Former PSCs

Mrs Katharine Sarah Power

Ceased 14/09/2019

Charges3 outstanding

Charge
outstanding

LLOYDS BANK PLC

Created 12/03/2024Registered 12/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 08/03/2024Registered 08/03/2024
Charge
outstanding

LLOYDS BANK PLC

Created 02/01/2020Registered 03/01/2020

CompanyRankvs 3475+ SIC 75000 peers
29

Financial strength3th percentile among SIC peers · 1/25
Employees68th percentile among SIC peers · 10/15
LiquidityCurrent ratio 0.58× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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3475Vets 1 Group (King'S Lynn) Limited
34
How is this score calculated?
Financial strength1/25 pts

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

Employees10/15 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.

Longevity7/15 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 30/04/2025

Net Worth

-£112k

Balance sheet strength

Cash

£13k

Cash in the bank

Net Current Assets

-£264k

Working capital

Current Assets

£359k

Current Liabilities

£622k

Fixed Assets

£164k

Debtors

£320k

6avg. employees-4

Tax at Year End(2023)

VAT£12k

Balance Sheet

Assets less current liabilities-£100k
Signed by Mr Simon Power 13/11/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20250.58-£27k—
20240.59+£10k—
20230.52—£239k

Derived from filed accounts. Not audited figures.