VETSPACE 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

  -7.2%

  £10,784,849 → £10,003,365

• Cash

  +489.4%

  £350,610 → £2,066,461

• Net assets

  -10%

  £4,816,570 → £4,335,291

• Employees

  —

  Not reported

• Operating profit

  -212.3%

  £932,741 → -£1,047,094

• Profit before tax

  -207.2%

  £949,999 → -£1,018,598

• Wages

  -64.1%

  £540,253 → £194,219

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. VETSPACE LIMITED 2014-02-28 → present
2. JUPITER SYSTEMS LIMITED 2005-04-04 → 2014-02-28
3. JUPITER MICROSYSTEMS LIMITED 1989-02-20 → 2005-04-04
4. HOPE SIXTEEN (NO. 171) LIMITED 1989-02-09 → 1989-02-20

Accounting basis

FRS 101

Reporting scope

Standalone (parent only)

Auditor

Albert Goodman LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Based on the company's forecasts and its scheduled new installations, the Directors have adopted the going concern basis in preparing the financial statements. No material uncertainties that cast significant doubt on the ability of the company to continue as a going concern have been identified by the Directors, based on the ongoing business performance. In addition to this Vetspace Limited continue to be part of a cash pooling agreement supported by its ultimate parent company Cencora Inc, which will act to further strengthening the cash position of the company. As a result of the cash pooling agreement, the ultimate parent company, Cencora Inc, has provided the company with a letter of support from the date of approval of these Financial Statements, for the period to 28 February 2027 (the going concern period), that they will continue to provide support to enable the company to meet its liabilities. The Directors have assessed going concern from the date of approval of these Financial Statements for the period to 28 February 2027 (the going concern period).”

Significant events

• “Since the year end, Cencora Inc ultimate parent company, undertook a strategic review of its business to ensure alignment with its growth priorities and strategic drivers. As a result of this review, MWI Animal Health is now classified as Other for which Cencora has begun to explore strategic alternatives.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

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