VET CT SPECIALISTS LTD.
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Cash
£2.3m
Latest balance sheet
Net assets
£3.9m
Equity attributable
Employees
136
Average over period
Profit before tax
-£4.4m
Period ending 2023-12-31
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Negative shareholders' funds
Net assets
1-year trend · vs Consumer Discretionary median
Accounts
1-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2023-12-31 | Δ vs prior |
|---|---|---|---|
| Turnover | £21,472,976 | — | |
| Operating profit | -£4,373,769 | — | |
| Profit before tax | -£4,390,909 | — | |
| Net profit | -£4,689,136 | — | |
| Cash | £2,293,326 | — | |
| Total assets less current liabilities | £4,022,696 | — | |
| Net assets | £3,888,684 | — | |
| Equity | £3,888,684 | — | |
| Average employees | 136 | — | |
| Wages | £13,887,688 | — | |
| Directors' remuneration | £461,700 | — | |
| Directors' pension contributions | £27,934 | — | |
| Highest paid director | £184,125 | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. Year-on-year comparison hidden: this filing's period length differs materially from the prior year. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 |
|---|---|---|
| Operating margin | -20.4% | |
| Net margin | -21.8% | |
| Return on capital employed | -108.7% | |
| Gearing (liabilities / total assets) | 44.9% | |
| Current ratio | 2.12x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Kirk Rice LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”
Group structure
- VET CT SPECIALISTS LTD. · parent
- VetCT Consultants in Telemedicine PTY Ltd 100%
- VetCT Inc. 100%
- VetCT Corp 100%
- VetCT Spain S.L. 100%
- VetCT Germany GmbH 100%
Significant events
- “VetCT became B Corp registered in 2025 after receiving an independent certification that verified the company for achieving the standards for social and environmental performance, transparency, and accountability.”
- “Key improvements to cashflow management were introduced during 2025 to increase cash efficiency from debtors to ensure the Group had less reliance on external borrowing facilities to support working capital requirements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
2 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| LABRUYERE, Julien | Director | 2014-12-18 | Sep 1976 | French |
| LABRUYERE, Victoria Stephanie | Director | 2009-07-07 | Feb 1975 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DRISCOLL, Patrick | Director | 2023-08-23 | 2024-12-03 |
| FRANKS, Anthony James | Director | 2024-12-03 | 2025-12-03 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Pw Animal Health Limited | Corporate entity | Shares 25–50% | 2023-08-23 | Active |
| Mr Julien Labruyere | Individual | Shares 25–50%, Voting 25–50% | 2016-07-07 | Active |
| Ms Victoria Stephanie Labruyere | Individual | Shares 25–50%, Voting 50–75%, Appoints directors | 2016-07-07 | Active |
Filing timeline
Last 20 of 74 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-12-27 RESOLUTIONS Resolution
- 2025-12-27 MA Memorandum articles
- 2024-11-29 RESOLUTIONS Resolution
- 2024-11-29 MA Memorandum articles
- 2024-11-20 CC04 Statement of companys objects
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-08-18 | AA | accounts | Accounts with accounts type group | |
| 2026-07-16 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2026-07-15 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-27 | RESOLUTIONS | resolution | Resolution | |
| 2025-12-27 | MA | incorporation | Memorandum articles | |
| 2025-12-22 | AA | accounts | Accounts with accounts type group | |
| 2025-12-17 | TM01 | officers | Termination director company with name termination date | |
| 2025-11-10 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2025-11-10 | CH01 | officers | Change person director company with change date | |
| 2025-07-18 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-01-10 | AP01 | officers | Appoint person director company with name date | |
| 2025-01-10 | TM01 | officers | Termination director company with name termination date | |
| 2024-12-23 | AA | accounts | Accounts with accounts type group | |
| 2024-11-29 | RESOLUTIONS | resolution | Resolution | |
| 2024-11-29 | MA | incorporation | Memorandum articles | |
| 2024-11-23 | SH10 | capital | Capital variation of rights attached to shares | |
| 2024-11-23 | SH08 | capital | Capital name of class of shares | |
| 2024-11-20 | CC04 | change-of-constitution | Statement of companys objects | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-06-05 | PSC02 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 9
- Capital events
- 2
- Officers appointed
- 0
- Officers resigned
- 1
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.