Carus Animal Health Limited

Carus Animal Health Ltd, based in Reigate, UK, is a small, active company founded eight years ago in 2017. It employs nine people and holds £2,118,042 in assets, operating from a real address. The company has six directors, but no owners are listed—a common occurrence for smaller entities. It’s an irregular importer, primarily dealing with machinery, boilers, and mechanical appliances; parts, with its last import operation recorded one month ago in January 2024.

The company’s website paints a picture of a business focused on veterinary innovation. Carus Animal Health actively listens to the needs of vets, investing in and partnering with early-stage companies to discover and develop solutions for animal health. It focuses on multi-species sectors, including companion animals, farm animals, and aquaculture, aiming to improve animal welfare and support sustainable farming practices. The website highlights a three-stage approach: identifying needs, researching solutions, and commercializing products. It also features news updates, including participation in the London Vet Show and a licensing agreement with SpheriTech.

Financially, Carus Animal Health Ltd shows a mixed picture. Cash bank on hand increased by 10% to £1.5 million, while current assets grew by 5.6% to £2.1 million. However, net current assets liabilities decreased by 55% to £1.6 million. Creditors dropped significantly by 60% to £190,000, suggesting improved debt management, but trade debtors increased by 890%, indicating potential issues with customer payments. Average number of employees increased by 33% to twelve, which could be a sign of growth or increased workload. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the significant equity drop raises questions about its long-term financial stability. The accounts are unaudited, and no auditor is mentioned.

Registered in England/Wales under the registration number 10684797, with a registered address at RH2 9RJ, England, Reigate, Surrey, Castle Court, 41 London Road.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.