Petlife International Ltd.

Petlife International Ltd is a small holding company based in Bury St Edmunds, UK, with an active status. Founded 31 years ago in 1993, it employs 39 people and holds assets worth £1,932,565. The company has a real address, is overseen by two directors, and is owned by Legacy Group Jph Ltd. It regularly imports animal feed and food waste (81 months) and exports knitted or crocheted fabrics (83 months).

Petlife International Ltd operates as a home of authentic Vetbed, a brand of veterinary bedding. Its website showcases a wide range of pet supplies for dogs, cats, and small animals, including beds, bedding, clothing, healthcare products, and food. It also offers specialized products like microwavable heat pads and orthopaedic pet beds. The company even has a dedicated website, vetbed.co.uk, for its Vetbed products, offering discounts and promoting its recycled content—each kilogram of Vetbed fabric uses 24 recycled bottles. It’s clear that the company is focused on selling directly to consumers, with a strong emphasis on online sales and a clear brand identity.

Financially, Petlife International Ltd shows some concerning trends. While current assets increased by 11% to £1,900,000, net assets decreased by 14% to £620,000. Bank borrowings surged by 51% to £490,000, and cash reserves plummeted 62% to £81,000. Trade debtors also increased by 14% to £910,000. Despite these challenges, creditors decreased by 23%, which could indicate improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million and assets under £5.1 million. There’s no auditor mentioned, so the financial statements are unaudited.

The significant increase in bank borrowings and decrease in cash reserves suggests that Petlife International Ltd might be burning through money, possibly to support inventory or marketing efforts. The rise in trade debtors could also be a sign of slower-paying customers. However, the company’s focus on a niche market—high-quality veterinary bedding—and its strong online presence could provide a buffer against these pressures.

Registered in England/Wales under the registration number 02837157, with a registered address at IP33 3TE, Bury St Edmunds, Suffolk, Unit 2 Cavendish Road.

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