BAY VETS LIMITED Financials
- Company number
- 05149323Copy
Copy - Registered office
- Friars Gate 1011 Stratford Road, Shirley, Solihull B90 4BN
- Incorporated
- 09/06/2004
Company snapshot
- Status
- Active
- Employees
- 71 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
13.17%vs 20232023: £2.64M
Total Assets
24.96%vs 20232023: £3.86M
Cash in Bank
-11.85%vs 20232023: £1.18M
Total Liabilities
33.31%vs 20232023: £632.44K
Employees
+8vs 20232023: 63
In 2024, BAY VETS LIMITED reported net assets of £2.99M. The same filing shows total assets of £4.82M, cash in bank of £1.04M and total liabilities of £843.13K. Reported headcount was 71 in 2024. Total Assets rose from £3.86M in 2023 to £4.82M in 2024 (24.96%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
13.17%from £2.64M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures BAY VETS LIMITED filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+29.5%vs 2022+13.8% a year compound (CAGR)
Cash in Bank
-35.4%vs 2022-19.6% a year compound (CAGR)
Total Assets
+49.3%vs 2022+22.2% a year compound (CAGR)
Total Liabilities
+12.5%vs 2022+6.1% a year compound (CAGR)
Employees
+26.8%vs 2022+15Biggest increase
Total Assets+49.3%
£3.23M in 2022 to £4.82M in 2024
Biggest decrease
Cash in Bank-35.4%
£1.61M in 2022 to £1.04M in 2024
BAY VETS LIMITED's filings pull in both directions between 2022 and 2024. The steepest rise came in total assets, pointing to a broader asset base, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.
Ratios from the filed figures
Calculated from BAY VETS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 62.01%2024
- Liabilities to total assets
- 17.48%2024
- Cash to liabilities
- 123.82%2024
- Cash to total assets
- 21.64%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for BAY VETS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 1.97M | 2.31M | 2.64M | 2.99M |
| Total Assets£ | 2.84M | 3.23M | 3.86M | 4.82M |
| Cash in Bank£ | 1.58M | 1.61M | 1.18M | 1.04M |
| Total Liabilities£ | 774.17K | 749.48K | 632.44K | 843.13K |
| Employees | 51 | 56 | 63 | 71 |
BAY VETS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has BAY VETS LIMITED filed financial statements?
Yes. Okredo holds filed figures for BAY VETS LIMITED covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did BAY VETS LIMITED report in 2024?
BAY VETS LIMITED reported net assets of £2.99M for 2024. That compares with £2.64M in 2023, a change of 13.17%.
What total assets did BAY VETS LIMITED report in 2024?
BAY VETS LIMITED reported total assets of £4.82M for 2024. That compares with £3.86M in 2023, a change of 24.96%.
What cash in bank did BAY VETS LIMITED report in 2024?
BAY VETS LIMITED reported cash in bank of £1.04M for 2024. That compares with £1.18M in 2023, a change of -11.85%.
How many people does BAY VETS LIMITED employ?
BAY VETS LIMITED reported 71 employees in 2024, compared with 63 in 2023.
How have BAY VETS LIMITED financials changed over the last 3 years?
Between 2022 and 2024, BAY VETS LIMITED's net assets rose by 29.5%, cash in bank fell by 35.4%, total assets rose by 49.3% and total liabilities rose by 12.5%. Net assets compounded at 13.8% a year across the two years to 2024, from £2.31M to £2.99M. Reported headcount went from 56 in 2022 to 71 in 2024 (+15).
Which years of BAY VETS LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.