Vet Plus International Limited

Vet Plus International Ltd, based in Lytham St. Annes, UK, is a large holding company with an active status, having been founded 21 years ago. The company employs six people and holds assets valued at £18,154,250. It’s managed by three directors and has one owner, Tangerine Holdings Ltd, and currently has a Google rating of 3.0 based on 11 reviews. The company regularly imports animal feed and food waste (four months imported), and exports it too (198 months exported).

The company operates in the retail sector, specializing in the export of animal health products. While the core business is export, the company also has a website showcasing a diverse range of products, including veterinary pharmaceuticals, nutritional supplements, and diagnostic tools. It’s a well-established player in the industry, with a focus on quality and customer service.

Financially, Vet Plus International Ltd shows some concerning trends. While current assets remain stable at £18,154,250, net losses increased significantly from £3.8 million to £3 million. Bank borrowings have also increased, reaching £12 million, while cash reserves have fallen by 93% to just £40,000. Administrative expenses have increased by 33%, and staff costs have decreased by 33%, reflecting a reduction in the workforce to just four employees. Creditors have increased by 5%, suggesting potential challenges in managing short-term liabilities. The company’s large size (meeting two of three criteria for turnover over £36 million, balance sheet over £18 million, and over 250 employees) means it is subject to more scrutiny, but the lack of an auditor mentioned suggests it may be exempt from a full audit. The company’s financial statements were prepared by Bishops Audit Limited.

Despite these challenges, Vet Plus International Ltd remains a significant player in the animal health export market. The company’s long track record and established customer base provide a solid foundation for future growth.

Registered in England/Wales under the registration number 05060525, with a registered address at FY8 5LT, England, Lytham St. Annes, Animal House, Boundary Road.

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