groves window cleaning limited
groves window cleaning limited Company Information
Company Number
03775537
Registered Address
2nd floor, stanford gate, south road, brighton, east sussex, BN1 6SB
Industry
Other business support service activities n.e.c.
Telephone
448000322311
Next Accounts Due
February 2025
Group Structure
View All
Directors
Mark Groves25 Years
Shareholders
groves asset management ltd 100%
groves window cleaning limited Estimated Valuation
Pomanda estimates the enterprise value of GROVES WINDOW CLEANING LIMITED at £949.1k based on a Turnover of £1.7m and 0.57x industry multiple (adjusted for size and gross margin).
groves window cleaning limited Estimated Valuation
Pomanda estimates the enterprise value of GROVES WINDOW CLEANING LIMITED at £1.2m based on an EBITDA of £276.1k and a 4.48x industry multiple (adjusted for size and gross margin).
groves window cleaning limited Estimated Valuation
Pomanda estimates the enterprise value of GROVES WINDOW CLEANING LIMITED at £5.7m based on Net Assets of £2.5m and 2.27x industry multiple (adjusted for liquidity).
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Groves Window Cleaning Limited Overview
Groves Window Cleaning Limited is a live company located in brighton, BN1 6SB with a Companies House number of 03775537. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in May 1999, it's largest shareholder is groves asset management ltd with a 100% stake. Groves Window Cleaning Limited is a mature, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Groves Window Cleaning Limited Health Check
Pomanda's financial health check has awarded Groves Window Cleaning Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 3 areas for improvement. Company Health Check FAQs
4 Strong
4 Regular
3 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£3.6m)
- Groves Window Cleaning Limited
£3.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (4.5%)
- Groves Window Cleaning Limited
4.5% - Industry AVG
Production
with a gross margin of 38.2%, this company has a comparable cost of product (38.2%)
- Groves Window Cleaning Limited
38.2% - Industry AVG
Profitability
an operating margin of 15.7% make it more profitable than the average company (6.2%)
- Groves Window Cleaning Limited
6.2% - Industry AVG
Employees
with 10 employees, this is below the industry average (23)
10 - Groves Window Cleaning Limited
23 - Industry AVG
Pay Structure
on an average salary of £47.6k, the company has an equivalent pay structure (£47.6k)
- Groves Window Cleaning Limited
£47.6k - Industry AVG
Efficiency
resulting in sales per employee of £165.9k, this is equally as efficient (£151.5k)
- Groves Window Cleaning Limited
£151.5k - Industry AVG
Debtor Days
it gets paid by customers after 62 days, this is later than average (40 days)
- Groves Window Cleaning Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 30 days, this is close to average (32 days)
- Groves Window Cleaning Limited
32 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Groves Window Cleaning Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 70 weeks, this is more cash available to meet short term requirements (25 weeks)
70 weeks - Groves Window Cleaning Limited
25 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 13%, this is a lower level of debt than the average (61.7%)
13% - Groves Window Cleaning Limited
61.7% - Industry AVG
GROVES WINDOW CLEANING LIMITED financials
Groves Window Cleaning Limited's latest turnover from May 2023 is estimated at £1.7 million and the company has net assets of £2.5 million. According to their latest financial statements, Groves Window Cleaning Limited has 10 employees and maintains cash reserves of £507 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||||||||
| Other Income Or Grants | ||||||||||||||
| Cost Of Sales | ||||||||||||||
| Gross Profit | ||||||||||||||
| Admin Expenses | ||||||||||||||
| Operating Profit | ||||||||||||||
| Interest Payable | ||||||||||||||
| Interest Receivable | ||||||||||||||
| Pre-Tax Profit | ||||||||||||||
| Tax | ||||||||||||||
| Profit After Tax | ||||||||||||||
| Dividends Paid | ||||||||||||||
| Retained Profit | ||||||||||||||
| Employee Costs | ||||||||||||||
| Number Of Employees | 10 | 9 | 9 | 8 | 8 | 8 | ||||||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 47,708 | 61,785 | 61,913 | 34,597 | 34,189 | 39,614 | 1,091,135 | 1,102,213 | 824,956 | 837,701 | 666,141 | 671,264 | 661,410 | 485,153 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 12,071 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 59,779 | 61,785 | 61,913 | 34,597 | 34,189 | 39,614 | 1,091,135 | 1,102,213 | 824,956 | 837,701 | 666,141 | 671,264 | 661,410 | 485,153 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 282,935 | 207,182 | 186,517 | 171,079 | 1,625,630 | 1,670,100 | 235,015 | 83,043 | 213,939 | 156,750 | 332,634 | 325,935 | 100,264 | 106,693 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 2,021,355 | 1,940,263 | 1,524,459 | 1,463,938 | 0 | 0 | 39,594 | 40,313 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash | 507,047 | 514,230 | 751,227 | 657,233 | 468,058 | 326,393 | 522,863 | 343,589 | 534,301 | 382,817 | 408,741 | 244,023 | 359,098 | 392,112 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 2,811,337 | 2,661,675 | 2,462,203 | 2,292,250 | 2,093,688 | 1,996,493 | 797,472 | 466,945 | 748,240 | 539,567 | 741,375 | 569,958 | 459,362 | 498,805 |
| total assets | 2,871,116 | 2,723,460 | 2,524,116 | 2,326,847 | 2,127,877 | 2,036,107 | 1,888,607 | 1,569,158 | 1,573,196 | 1,377,268 | 1,407,516 | 1,241,222 | 1,120,772 | 983,958 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 84,728 | 47,962 | 44,783 | 41,477 | 176,302 | 195,618 | 15,150 | 135,125 | 232,272 | 199,833 | 212,982 | 206,749 | 136,539 | 78,018 |
| Group/Directors Accounts | 99,146 | 205,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 2,855 | 6,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 185,218 | 176,713 | 170,101 | 153,951 | 0 | 0 | 212,155 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current liabilities | 371,947 | 436,511 | 214,884 | 195,428 | 176,302 | 195,618 | 227,305 | 135,125 | 232,272 | 199,833 | 212,982 | 206,749 | 136,539 | 78,018 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 6,163 | 10,054 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 0 | 6,163 | 10,054 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total liabilities | 371,947 | 436,511 | 214,884 | 195,428 | 182,465 | 205,672 | 227,305 | 135,125 | 232,272 | 199,833 | 212,982 | 206,749 | 136,539 | 78,018 |
| net assets | 2,499,169 | 2,286,949 | 2,309,232 | 2,131,419 | 1,945,412 | 1,830,435 | 1,661,302 | 1,434,033 | 1,340,924 | 1,177,435 | 1,194,534 | 1,034,473 | 984,233 | 905,940 |
| total shareholders funds | 2,499,169 | 2,286,949 | 2,309,232 | 2,131,419 | 1,945,412 | 1,830,435 | 1,661,302 | 1,434,033 | 1,340,924 | 1,177,435 | 1,194,534 | 1,034,473 | 984,233 | 905,940 |
| May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 | May 2016 | May 2015 | May 2014 | May 2013 | May 2012 | May 2011 | May 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | ||||||||||||||
| Depreciation | 15,639 | 13,116 | 14,604 | 9,355 | 10,387 | 13,024 | 17,386 | 20,661 | 11,507 | 10,888 | 14,380 | 13,119 | 9,772 | 5,698 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | ||||||||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 168,916 | 436,469 | 75,959 | 9,387 | -44,470 | 1,395,491 | 151,253 | -90,583 | 57,189 | -175,884 | 6,699 | 225,671 | -6,429 | 106,693 |
| Creditors | 36,766 | 3,179 | 3,306 | -134,825 | -19,316 | 180,468 | -119,975 | -97,147 | 32,439 | -13,149 | 6,233 | 70,210 | 58,521 | 78,018 |
| Accruals and Deferred Income | 8,505 | 6,612 | 16,150 | 147,788 | -3,891 | -202,101 | 212,155 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||||||||
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | -105,943 | 205,089 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | -3,892 | 6,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | ||||||||||||||
| cash flow from financing | ||||||||||||||
| cash and cash equivalents | ||||||||||||||
| cash | -7,183 | -236,997 | 93,994 | 189,175 | 141,665 | -196,470 | 179,274 | -190,712 | 151,484 | -25,924 | 164,718 | -115,075 | -33,014 | 392,112 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -7,183 | -236,997 | 93,994 | 189,175 | 141,665 | -196,470 | 179,274 | -190,712 | 151,484 | -25,924 | 164,718 | -115,075 | -33,014 | 392,112 |
groves window cleaning limited Credit Report and Business Information
Groves Window Cleaning Limited Competitor Analysis
Perform a competitor analysis for groves window cleaning limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
groves window cleaning limited Ownership
GROVES WINDOW CLEANING LIMITED group structure
Groves Window Cleaning Limited has 1 subsidiary company.
Ultimate parent company
1 parent
GROVES WINDOW CLEANING LIMITED
03775537
1 subsidiary
groves window cleaning limited directors
Groves Window Cleaning Limited currently has 1 director, Mr Mark Groves serving since May 1999.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Mark Groves | United Kingdom | 58 years | May 1999 | - | Director |
P&L
May 2023turnover
1.7m
+47%
operating profit
260.5k
0%
gross margin
38.2%
-0.82%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
May 2023net assets
2.5m
+0.09%
total assets
2.9m
+0.05%
cash
507k
-0.01%
net assets
Total assets minus all liabilities
groves window cleaning limited company details
company number
03775537
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
May 1999
age
25
accounts
Total Exemption Full
ultimate parent company
previous names
N/A
incorporated
UK
address
2nd floor, stanford gate, south road, brighton, east sussex, BN1 6SB
last accounts submitted
May 2023
groves window cleaning limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to groves window cleaning limited.
groves window cleaning limited Companies House Filings - See Documents
| date | description | view/download |
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