LINNAEUS VETERINARY LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-06-07 (in 1mo)
Last made up 2025-05-24
Watchouts
None on the register
Cash
£10M
-25% vs 2023
Net assets
£347M
-9.6% vs 2023
Employees
6,373
+4.6% vs 2023
Profit before tax
-£49M
-22.4% vs 2023
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £398,444,000 | £418,619,000 | |
| Operating profit | -£33,566,000 | -£47,155,000 | |
| Profit before tax | -£40,203,000 | -£49,223,000 | |
| Net profit | -£46,957,000 | -£51,392,000 | |
| Cash | £13,580,000 | £10,185,000 | |
| Total assets less current liabilities | £404,073,000 | £372,862,000 | |
| Net assets | £383,871,000 | £346,933,000 | |
| Equity | £383,871,000 | £346,933,000 | |
| Average employees | 6,094 | 6,373 | |
| Wages | £208,709,000 | £213,369,000 | |
| Directors' remuneration | £1,088,000 | £791,000 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+5.1%
£398,444,000 £418,619,000
-
Cash
-25%
£13,580,000 £10,185,000
-
Net assets
-9.6%
£383,871,000 £346,933,000
-
Employees
+4.6%
6,094 6,373
-
Operating profit
-40.5%
-£33,566,000 -£47,155,000
-
Profit before tax
-22.4%
-£40,203,000 -£49,223,000
-
Wages
+2.2%
£208,709,000 £213,369,000
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -8.4% | -11.3% | |
| Net margin | -11.8% | -12.3% | |
| Return on capital employed | -8.3% | -12.6% | |
| Current ratio | 0.92x | 0.47x | |
| Interest cover | -5.06x | -19.50x |
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.
Name history
Renamed 2 times since incorporation
- LINNAEUS VETERINARY LIMITED 2018-10-18 → present
- RIVERSMEET NEWCO LIMITED 2018-06-21 → 2018-10-18
- PACIFIC SHELF 1838 LIMITED 2017-05-25 → 2018-06-21
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Hazlewoods LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors therefore have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Thus, they continue to adopt the going concern basis of accounting in preparing the annual financial statements.”
Group structure
- LINNAEUS VETERINARY LIMITED · parent
- My Pets Vets Leigh Ltd 100%
- Linnaeus Referrals Limited 100%
- Anderson Moores Veterinary Specialists Limited 100%
- Northwest Veterinary Specialists Limited 100%
- Eye-vet Limited 100%
- Veterinary Specialists Scotland Limited 100%
- St Annes Vets Limited 100%
- City Vets (Exeter) Limited 100%
- Wildbore Veterinary Limited 100%
- St John Cooper Consultancy Limited 100%
- Cotswold Veterinary Group Limited 100%
- Forest Veterinary Centre Limited 100%
- Palmerston Veterinary Group Limited 100%
- Wilbury Veterinary Services Limited 100%
- Parkhill Vets Limited 100%
- WSHPM Limited 100%
- JT Vets Limited 100%
- Colne Valley Veterinary Practice Limited 100%
- Baldrand Bay Holdings Limited 100%
- Bay Vets limited 100%
- Focus Referrals Limited 100%
- Victoria Veterinary Centre Limited 100%
- Lyddington Holding Company Limited 100%
- RVCL Holding Company Limited 100%
- Rutland Veterinary Centre Limited 100%
- Rutco Holding Company Limited 100%
Significant events
- “Since 1 January 2024, the Company have acquired 6 entities. Their trading performance has been reported in the financial statements of the acquired entities, with the intention that their trade and assets will be transferred into Linnaeus Veterinary Limited during 2025.”
- “The goal of this ongoing exercise is to rationalise the number of entities within the UK to three, being Linnaeus Group Limited, Linnaeus Group Bidco Limited and Linnaeus Veterinary Limited.”
- “The key business risks and uncertainties affecting the Company are considered to relate to competition from both national and local providers of veterinary services affecting prices of the services offered, the considerations paid for the acquisitions and our ability to recruit veterinarians.”
- “Modern Slavery Act disclosure details our efforts to address forced labour, including modern slavery and human trafficking, which are core components of our global human rights strategy and programs.”
- “Anti-facilitation of tax evasion policy demonstrates our commitment to ensure that we do not assist our customers, suppliers, other business partners, employees and contractors to engage in aggressive tax avoidance.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 9 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BROOKER, Laura Jane | Director | 2026-02-12 | Aug 1984 | British |
| CASSELL-WARD, Anna Wren | Director | 2023-09-19 | Sep 1981 | British |
| HERRING, Alice Elizabeth | Director | 2026-02-12 | Jun 1975 | British |
| WOODBRIDGE, Nicolas Thomas | Director | 2026-02-12 | Apr 1985 | British |
Show 9 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BARNES, Emma Jane | Director | 2019-10-04 | 2020-10-23 |
| CONNELL, Saskia Turner | Director | 2025-01-31 | 2026-02-12 |
| CONNELL, Saskia Turner | Director | 2023-05-19 | 2023-09-19 |
| COXON, Paul Daryl | Director | 2017-05-25 | 2019-10-04 |
| HENDRICKSON, Julia | Director | 2023-03-31 | 2025-01-31 |
| HILL, Lynne Victoria | Director | 2017-05-25 | 2018-12-31 |
| JOHNSON, Edward Bartholomew | Director | 2019-08-05 | 2023-03-31 |
| REIDY, Ray Andrew | Director | 2019-10-04 | 2023-05-19 |
| WALKER, David John | Director | 2025-02-21 | 2026-02-12 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Linnaeus Group Bidco Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2017-05-25 | Active |
Filing timeline
Last 20 of 55 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-20 | TM01 | officers | Termination director company with name termination date | |
| 2026-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-20 | AP01 | officers | Appoint person director company with name date | |
| 2026-03-17 | DISS40 | gazette | Gazette filings brought up to date | |
| 2026-03-15 | AA | accounts | Accounts with accounts type full | |
| 2026-03-03 | GAZ1 | gazette | Gazette notice compulsory | |
| 2026-01-11 | SH01 | capital | Capital allotment shares | |
| 2025-06-10 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-04-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-03-30 | AP01 | officers | Appoint person director company with name date | |
| 2025-02-17 | TM01 | officers | Termination director company with name termination date | |
| 2024-11-27 | SH01 | capital | Capital allotment shares | |
| 2024-09-05 | AA | accounts | Accounts with accounts type full | |
| 2024-06-04 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-05-12 | SH01 | capital | Capital allotment shares | |
| 2023-09-26 | TM01 | officers | Termination director company with name termination date | |
| 2023-09-26 | AP01 | officers | Appoint person director company with name date | |
| 2023-07-21 | AA | accounts | Accounts with accounts type full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 10
- Capital events
- 3
- Officers appointed
- 3
- Officers resigned
- 2
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.