HALLMARQ VETERINARY IMAGING LIMITED

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  +16.3%

  £12,700,614 → £14,765,001

• Cash

  -25.2%

  £759,052 → £567,544

• Net assets

  +6.9%

  £17,636,381 → £18,858,110

• Employees

  +5.1%

  59 → 62

• Operating profit

  +15.3%

  £1,512,895 → £1,744,739

• Profit before tax

  +13.8%

  £1,498,386 → £1,705,409

• Wages

  +2.5%

  £4,174,097 → £4,279,891

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

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.

1. HALLMARQ VETERINARY IMAGING LIMITED 2001-02-21 → present
2. HALLMARK MR LIMITED 2000-08-30 → 2001-02-21

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Cooper Parry Group Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the matters described above, the Directors believe that the Group and the Company have the resources required to settle all liabilities as they fall due for at least 12 months from the date of signing the financial statements and that no material uncertainties exist. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. HALLMARQ VETERINARY IMAGING LIMITED · parent
   1. Hallmarq Veterinary Imaging Inc. 1% · USA · Supply of MRI units
   2. Hallmarq Systems Limited 1% · England and Wales · Dormant
   3. Hallmarq Veterinary Imaging Pty Limited 1% · Australia · Customer support

Significant events

• “Sixteen (2023: fourteen) new systems installed during the year spread across all three products and all our global territories. Sales increased significantly in the year by 16% as a result of the good trading and growth in new systems. Sales were the highest recorded by the Group.”
• “Our new helium free Small Animal MRI has resonated well with the industry and a record number of orders taken in the year.”
• “During the year the Group put in place the ability to manufacture all products in the UK which it successfully concluded in Q4. Previous products from China into the US will now have no tariff payable and therefore improve further the competitiveness of the Group.”
• “The Group, through other Group companies, has access to a facility of £41,000,000 which includes £24,000,000 of term loan repayable on 2 May 2029, £15,000,000 of Acquisition and Capex Facility repayable on 2 May 2028 and £2,000,000 of Revolving Credit Facility available until 2 May 2028.”
• “Hallmarq Veterinary Imaging Pty Limited was liquidated in May 2024”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.