VETERINARY SOLUTIONS LIMITED

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

  -11.3%

  £7,450,319 → £6,606,630

• Cash

  +10.5%

  £10,561,573 → £11,675,535

• Net assets

  +14.8%

  £9,654,357 → £11,078,388

• Employees

  -18.3%

  60 → 49

• Operating profit

  +28.8%

  £1,454,564 → £1,873,329

• Profit before tax

  +28.7%

  £1,455,176 → £1,872,755

• Wages

  -23.7%

  £2,777,266 → £2,118,998

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.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

BDO LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In the opinion of the directors the company will continue for the foreseeable future and they consider it appropriate to prepare the financial statements on the going concern basis. They relied upon detailed profit, balance sheet and cashflow forecasts through to December 2026, including impact of material changes.”

Group structure

1. VETERINARY SOLUTIONS LIMITED · parent
   1. RxWorks Limited 100% · England · The business no longer trades

Significant events

• “Over the last year two key customers indicated that they will be transitioning away from the company to a competitor product. The first customer has now largely left with 2024 and 2025 trading being impacted. The second customer is likely to exit in the next 12 to 18 months.”
• “The Practice Management Software (PMS) market is transitioning from on-premise server based technologies and towards cloud based solutions. To meet this demand the company launched a cloud PMS product called Ascend, initially aimed at small independent veterinary practices.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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