Teleous Solutions Limited

Teleous Solutions Limited is a small, active company based in Birmingham, UK, founded ten years ago in 2014. With a single employee and £294,671 in assets, it operates from a virtual address shared by 669 other companies, and is a family business led by one director and two owners. The company’s core business revolves around providing Veterinary Practice Management Systems, a niche it’s occupied for over twenty years.

Teleos Systems Limited specializes in software development, support, and system operations for veterinary practices. Its website highlights a focus on innovation and independence, positioning itself as the largest independent supplier of practice management systems in the UK and Ireland. The company maintains offices in Birmingham and St Neots, with a dedicated support training center. It's a privately owned business that values its independence and caters to a specific professional sector.

Financially, Teleous Systems Limited shows a mixed picture. Cash bank on hand increased significantly by 130% to £240,000, a positive sign. However, net assets also increased by 53% to £400,000, while creditors decreased by 15% to £110,000. Trade debtors decreased by 54% to £16,000, which could indicate improved collection practices, or potentially reduced sales. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the significant increase in bank borrowings should be monitored. No auditor is mentioned, which is common for small companies. Overall, the company seems to be financially stable, but it's important to keep an eye on the trends in trade debtors.

Registered in Scotland under the registration number SC489583, with a registered address at G2 4JR, Glasgow, 272 Bath Street.

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