VETERINARY PATHOLOGY GROUP LIMITED

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Blick Rothenberg Audit LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have a reasonable expectation that the company will continue in operational existence for the foreseeable future. The expectation is based on the most recent budget, latest forecast and customer commitments leading the directors to support the going concern basis. This is for a period at least 12 months from signing of the accounts and beyond. The company has also received a letter of support from the parent company.”

Group structure

1. VETERINARY PATHOLOGY GROUP LIMITED · parent
   1. Veterinary Pathology Group Ireland Limited 100% · Ireland · Veterinary pathology activities

Significant events

• “The Company was acquired by JAB Pet Labs Limited on 30 September 2022.”
• “Trading conditions in 2024 continued to be challenging, reflecting global economic conditions and pressures in the wider veterinary sector.”
• “Revenue in 2024 declined by 8.5% compared to the prior year, reflecting a decrease in test volumes, customer churn and pricing pressures.”
• “Significant investments in upgrading software platforms resulted in increased depreciation and amortisation charges incurred in the year.”
• “The Company incurred an operating loss of £1,439,262 in 2024 (2023: profit of £150,414).”
• “An unsecured revolving credit facility was advanced by the parent entity during the year.”
• “JAB Holding Company Group is committed to being carbon neutral by 2025; VPG plans to reduce carbon emissions through new contracts, including rolling out hybrid vehicles starting May 2024.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.