DRYFE VETS LIMITED

🌳Matureactive
SC266139 · ltd · incorporated 2004-04-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 14.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£1.04M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Veterinary activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 65/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 14.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 14.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,039,966
Cash YoY
+11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£310k
↑ 11% YoY
Net Worth
£1.0m
↑ 3.1% YoY
Current Assets
£595k
~ YoY
Current Liabilities
£0£208k£416k£624k£832k£1.0mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.65M£1.63M
Current assets£595.2k£593.4k
Cash£309.7k£278.2k
Debtors£216.8k£236.2k
Net assets£1.04M£1.01M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2020-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2020-09-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2020-09-11
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  13. 2020-09-11
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  14. 2020-09-11
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  15. 2020-09-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-09-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-09-02
    🔓
    Charge satisfied #1
  18. 2020-08-26
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  19. 2020-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2019-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2012-01-27
    FRENCH, Joanna appointed
    director
  23. 2012-01-27
    FOUNTAIN, Douglas Robertson resigned
    director
  24. 2012-01-26
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  25. 2004-06-23
    VEITCH, George Andrew appointed
    secretary
  26. 2004-06-23
    VEITCH, George Andrew appointed
    director
  27. 2004-06-23
    YORK PLACE COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  28. 2004-06-23
    FOUNTAIN, Douglas Robertson appointed
    director
  29. 2004-06-23
    YORK PLACE COMPANY NOMINEES LIMITED resigned
    corporate-nominee-director
  30. 2004-04-07
    🏢
    Company incorporated
    As DRYFE VETS LIMITED
  31. 2004-04-07
    YORK PLACE COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  32. 2004-04-07
    YORK PLACE COMPANY NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr George Andrew Veitch
Individual · British · DOB 07/1963 · age 63
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Ms Joanna French
Individual · British · DOB 10/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2004-04-07
Jurisdictionscotland
Primary SIC75000 — Veterinary activities

Registered office

51 Rae Street
Dumfries
Dumfriesshire
DG1 1JD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (3 active · 3 resigned)

VEITCH, George Andrew
secretary · appointed 2004-06-23
View their other companies + combined net worth →
Active
FRENCH, Joanna
director · ~47y · appointed 2012-01-27
View their other companies + combined net worth →
Active
VEITCH, George Andrew
director · ~63y · appointed 2004-06-23
View their other companies + combined net worth →
Active
YORK PLACE COMPANY SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2004-04-07 · resigned 2004-06-23
Resigned
FOUNTAIN, Douglas Robertson
director · ~78y · appointed 2004-06-23 · resigned 2012-01-27
Resigned
YORK PLACE COMPANY NOMINEES LIMITED
corporate-nominee-director · appointed 2004-04-07 · resigned 2004-06-23
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

5
Total charges
4
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property11/09/2020
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property11/09/2020
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property11/09/2020
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property26/08/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property26/01/201202/09/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-14