VET PLUS LIMITED
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Next accounts due
2027-03-31 (in 10mo)
Last filed for 2025-06-30
Confirmation statement due
2026-06-30 (in 1mo)
Last made up 2025-06-16
Watchouts
None on the register
Cash
£46K
+180.7% vs 2024
Net assets
£645K
+103.9% vs 2024
Employees
49
-5.8% vs 2024
Profit before tax
£2M
+761.7% vs 2024
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · latest reflected 2025-06-30
| Metric | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | — | £14,925,860 | £16,246,761 | |
| Operating profit | — | — | — | — | £79,930 | £715,526 | |
| Profit before tax | — | — | — | — | £179,930 | £1,550,423 | |
| Net profit | — | — | — | — | £12,684 | £1,342,456 | |
| Cash | — | — | — | — | £16,327 | £45,829 | |
| Total assets less current liabilities | — | — | — | — | £690,600 | £1,127,260 | |
| Net assets | — | — | — | — | £316,354 | £645,047 | |
| Equity | £3,739,739 | £4,579,059 | £5,355,182 | £3,342,670 | £316,354 | £645,047 | |
| Average employees | — | — | — | — | 52 | 49 | |
| Wages | — | — | — | — | £2,347,379 | £2,469,123 |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-06-30 | 2021-06-30 | 2022-06-30 | 2023-06-30 | 2024-06-30 | 2025-06-30 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | — | 0.5% | 4.4% | |
| Net margin | — | — | — | — | 0.1% | 8.3% | |
| Return on capital employed | — | — | — | — | 11.6% | 63.5% | |
| Current ratio | — | — | — | — | 0.94x | 0.94x | |
| Interest cover | — | — | — | — | — | 109.63x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Bishops Audit Limited
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis. The Company has net current liabilities of £ 964,742 at 30 June 2025 (2024: net current liabilities of £999,424 as restated) and net assets of £645,047 (2024: net assets of £316,354 as restated). The company has the ongoing financial support of Tangerine Group Holdings Limited and the directors confirm that no intercompany loans will be called for repayment in the 12 months from approval of the accounts. The directors are of the opinion that the company can continue as a going concern for the foreseeable future.”
Group structure
- VET PLUS LIMITED · parent
- V.P. Nominee Company Ltd 100%
- Laboratorios Vet Plus S.L. 100%
- Vetplus Ireland Ltd 100%
- Vetplus GmbH 100%
- Vetplus Inc 100%
- Veclusive Inc 100%
- Vetclusive Unipessoal LDA 100%
- Vet Plus Limited Sucursal Argentina 100%
Significant events
- “The Company is continually developing and improving its product range through its own inhouse research and development team. Over the last year significant investment totalling over £3.0m has been sanctioned as we plan for future growth.”
- “It is the Company's aim to continue to support and educate the independent vet practices to ensure the end user receives the best advice and care for its pet. To achieve this, the Company continually reviews, updates and improves its support materials and trains its sales staff to be able to offer this support to its customers.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
3 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HAYTHORNTHWAITE, David Alan | Secretary | 1998-07-30 | — | British |
| HAYTHORNTHWAITE, David Alan | Director | 1995-11-20 | Dec 1953 | British |
| HAYTHORNTHWAITE, Sharon | Director | 2000-03-17 | Dec 1962 | British |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HAYTHORNTHWAITE, Patricia | Secretary | 1995-07-06 | 1998-07-30 |
| TEMPLE SECRETARIES LIMITED | Corporate Nominee Secretary | 1995-07-06 | 1995-07-06 |
| HAYTHORNTHWAITE, James Alan | Director | 1995-07-06 | 2000-03-20 |
| HAYTHORNTHWAITE, Patricia | Director | 1995-07-06 | 1998-07-30 |
| COMPANY DIRECTORS LIMITED | Corporate Nominee Director | 1995-07-06 | 1995-07-06 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Tangerine Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-07-06 | Active |
Filing timeline
Last 20 of 107 total filings
Material constitutional events — rename, articles re-file, resolution
- 2022-03-08 MA Memorandum articles
- 2022-03-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-12-23 | AA | accounts | Accounts with accounts type full | |
| 2025-07-07 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-06-26 | AA | accounts | Accounts with accounts type full | |
| 2024-07-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-02-15 | AA | accounts | Accounts with accounts type full | |
| 2023-07-26 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-04-28 | AA | accounts | Accounts with accounts type full | |
| 2022-09-16 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-09-15 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2022-07-07 | AA | accounts | Accounts with accounts type audit exemption subsiduary | |
| 2022-06-23 | PARENT_ACC | accounts | Legacy | |
| 2022-06-23 | GUARANTEE2 | other | Legacy | |
| 2022-06-23 | AGREEMENT2 | other | Legacy | |
| 2022-06-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-03-08 | MA | incorporation | Memorandum articles | |
| 2022-03-08 | RESOLUTIONS | resolution | Resolution | |
| 2022-02-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-06-16 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-02-15 | AA | accounts | Accounts with accounts type full | |
| 2020-07-20 | CS01 | confirmation-statement | Confirmation statement with no updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-06-30 vs 2024-06-30
-
Turnover
+8.8%
£14,925,860 £16,246,761
-
Cash
+180.7%
£16,327 £45,829
-
Net assets
+103.9%
£316,354 £645,047
-
Employees
-5.8%
52 49
-
Operating profit
+795.2%
£79,930 £715,526
-
Profit before tax
+761.7%
£179,930 £1,550,423
-
Wages
+5.2%
£2,347,379 £2,469,123
Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers