How much does German Vet Limited make?

German Vet Limited reported revenue of £701k and a loss of £152k in the year to 31 Dec 2022, according to its accounts filed at Companies House.

How many employees does German Vet Limited have?

German Vet Limited reported an average of 0 employees in the year to 31 Dec 2022.

Is German Vet Limited profitable?

No — German Vet Limited reported a loss of £152k in the year to 31 Dec 2022.

Company No. 10198567 · Incorporated 25 May 2016

German Vet Limited

Registered name: GERMAN VET LIMITED

Part of Next Level Nexus Topco (Jersey) Limited group

German Vet Limited made £701k revenue and a £152k loss in the year to 31 Dec 2022.

German Vet Limited’s revenue grew 15621% to £701k in the year to 31 Dec 2022, with a loss of £152k and 0 employees. The company is classified under “activities of exhibition and fair organisers” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection N · Administrative and support servicesSIC 82301Activities of exhibition and fair organisers

Status: Active
Location: London, London
Age: 10 yrs · since 2016
Type: Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently.

Latest accounts · year to 31 Dec 2022

Key figures

Small team

Revenue

£701k

Growth ▲15621%

Profit

−£152k

Growth —

Profit margin

−21.8%

Gross 15.4%

Employees

Change —

Profit / employee

—

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Dec 2021	31 Dec 2022
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£4.5k	£701k
Cost of sales	£54.3k	£593k
Gross profit	−£49.9k	£108k
Operating profit	−£325k	−£152k
Profit before tax	−£325k	−£152k
Profit after tax	−£325k	−£152k
Profit (best available)	−£325k	−£152k
Employees (average)	0	0
Ratios
Profit margin	−7295%	−21.8%
Gross margin	−1119%	15.4%
Growth (year on year)
Revenue growth	—	▲15621%
Balance sheet — indirect signals, not revenue
Cash at bank	£37.1k	£14.3k
Net assets	−£1.3m	−£1.4m
Fixed assets	£268k	£228k
Current assets	£945k	£672k
Debtors	£293k	£0
Deferred income	£915k	£122k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023

Derived from the latest filing

How the business works

Profit margin: −21.8%; Profit ÷ revenue.
Gross margin: 15.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 32.5%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 17.5%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£1.4m
Cash at bank: ▼61%; Now £14.3k
Headcount: —; Now 0
Deferred income: ▼87%; Now £122k
Fixed assets: ▼15%; Now £228k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

Corporate ownership

Group structure

Ownership chain

Next Level Nexus Topco (Jersey) Limited (registered outside the UK register)ultimate parent75–100%
Next Level UK Holdco Limited75–100%
Next Level UK Midco Limited75–100%
Closerstill Group Limited75–100%
Closerstill Limited75–100%
CSM Finance Limited75–100%
Closerstill Exhibitions Limited75–100%
Closerstill Media Holdings Limited75–100%
Closerstill Finance Limited75–100%
Closerstill Acquisitions Limited75–100%
German Vet Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Sister companies (17)

Healthcare Publishing & Events LimitedRev. £10.2k · Profit £259k
Closerstill Ad LimitedFigures not disclosed
Closerstill Cloud Expo Europe France LimitedFigures not disclosed
Closerstill Cloud Security Expo LimitedFigures not disclosed
Closerstill E-Commerce LimitedFigures not disclosed
Closerstill Jewellery Show LimitedFigures not disclosed
Closerstill Media 1 LimitedFigures not disclosed
Closerstill Optical Holdings LimitedFigures not disclosed
Closerstill Ruby LimitedFigures not disclosed
Closerstill Smart Iot LimitedFigures not disclosed
De France LimitedFigures not disclosed
Digital Health Intelligence LimitedFigures not disclosed
Imrg LimitedFigures not disclosed
Openroom Events Holdings LtdFigures not disclosed
Partnership Network Events LimitedFigures not disclosed
Trans-Global Events LtdFigures not disclosed
Ukip Media & Events LimitedFigures not disclosed

From the Persons with Significant Control register (corporate controllers only).

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Sources

Companies House profile Filing history & original accounts

Latest figures from accounts for the year to 31 Dec 2022 (profit −£152k), from the Companies House accounts bulk data published Oct 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.