MILLENNIUM VETERINARY PRACTICE LIMITED Financials
- Company number
- 07378936Copy
Copy - Registered office
- 1 Millennium Way, Braintree, Essex CM7 3GX
- Incorporated
- 16/09/2010
Company snapshot
- Status
- Active
- Employees
- 61 (2025)
- Latest financial data
- 2025
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
165.36%vs 20242024: £143.50K
Total Assets
13.66%vs 20242024: £1.42M
Cash in Bank
48.35%vs 20242024: £415.90K
Total Liabilities
-7.01%vs 20242024: £1.05M
Employees
+2vs 20242024: 59
In 2025, MILLENNIUM VETERINARY PRACTICE LIMITED reported net assets of £380.78K. The same filing shows total assets of £1.62M, cash in bank of £616.97K and total liabilities of £975.90K. Reported headcount was 61 in 2025. Net Assets rose from £143.50K in 2024 to £380.78K in 2025 (165.36%). Okredo holds filed figures for 2021–2025; 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
165.36%from £143.50K in 2024Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures MILLENNIUM VETERINARY PRACTICE LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-55.6%vs 2023-33.4% a year compound (CAGR)
Cash in Bank
-4.2%vs 2023-2.1% a year compound (CAGR)
Total Assets
-3.4%vs 2023-1.7% a year compound (CAGR)
Total Liabilities
+68.2%vs 2023+29.7% a year compound (CAGR)
Employees
+8.9%vs 2023+5Biggest increase
Total Liabilities+68.2%
£580.36K in 2023 to £975.90K in 2025
Biggest decrease
Net Assets-55.6%
£858.15K in 2023 to £380.78K in 2025
MILLENNIUM VETERINARY PRACTICE LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from MILLENNIUM VETERINARY PRACTICE 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
- 23.53%2025
- Liabilities to total assets
- 60.31%2025
- Cash to liabilities
- 63.22%2025
- Cash to total assets
- 38.13%2025
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 MILLENNIUM VETERINARY PRACTICE LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 523.36K | 633.96K | 858.15K | 143.50K | 380.78K |
| Total Assets£ | 1.66M | 1.71M | 1.67M | 1.42M | 1.62M |
| Cash in Bank£ | 505.26K | 555.60K | 643.97K | 415.90K | 616.97K |
| Total Liabilities£ | 905.10K | 812.34K | 580.36K | 1.05M | 975.90K |
| Employees | 58 | 59 | 56 | 59 | 61 |
MILLENNIUM VETERINARY PRACTICE LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Has MILLENNIUM VETERINARY PRACTICE LIMITED filed financial statements?
Yes. Okredo holds filed figures for MILLENNIUM VETERINARY PRACTICE LIMITED covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
What net assets did MILLENNIUM VETERINARY PRACTICE LIMITED report in 2025?
MILLENNIUM VETERINARY PRACTICE LIMITED reported net assets of £380.78K for 2025. That compares with £143.50K in 2024, a change of 165.36%.
What total assets did MILLENNIUM VETERINARY PRACTICE LIMITED report in 2025?
MILLENNIUM VETERINARY PRACTICE LIMITED reported total assets of £1.62M for 2025. That compares with £1.42M in 2024, a change of 13.66%.
What cash in bank did MILLENNIUM VETERINARY PRACTICE LIMITED report in 2025?
MILLENNIUM VETERINARY PRACTICE LIMITED reported cash in bank of £616.97K for 2025. That compares with £415.90K in 2024, a change of 48.35%.
How many people does MILLENNIUM VETERINARY PRACTICE LIMITED employ?
MILLENNIUM VETERINARY PRACTICE LIMITED reported 61 employees in 2025, compared with 59 in 2024.
How have MILLENNIUM VETERINARY PRACTICE LIMITED financials changed over the last 3 years?
Between 2023 and 2025, MILLENNIUM VETERINARY PRACTICE LIMITED's net assets fell by 55.6%, cash in bank fell by 4.2%, total assets fell by 3.4% and total liabilities rose by 68.2%. Net assets contracted at 33.4% a year across the two years to 2025, from £858.15K to £380.78K. Reported headcount went from 56 in 2023 to 61 in 2025 (+5).
Which years of MILLENNIUM VETERINARY PRACTICE LIMITED financial data are available?
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.