ashgrove groundworks ltd
ashgrove groundworks ltd Company Information
Company Number
04941077
Next Accounts
Jan 2026
Shareholders
edenstone holdings ltd
Group Structure
View All
Industry
Development of building projects
Registered Address
first floor, building 102, wales 1 business park, newport r, caldicot, NP26 3DG
Website
http://edenstonehomes.comashgrove groundworks ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHGROVE GROUNDWORKS LTD at £6.1m based on a Turnover of £16.6m and 0.37x industry multiple (adjusted for size and gross margin).
ashgrove groundworks ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHGROVE GROUNDWORKS LTD at £0 based on an EBITDA of £-138k and a 2.89x industry multiple (adjusted for size and gross margin).
ashgrove groundworks ltd Estimated Valuation
Pomanda estimates the enterprise value of ASHGROVE GROUNDWORKS LTD at £1.8m based on Net Assets of £1.3m and 1.41x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Ashgrove Groundworks Ltd Overview
Ashgrove Groundworks Ltd is a live company located in caldicot, NP26 3DG with a Companies House number of 04941077. It operates in the development of building projects sector, SIC Code 41100. Founded in October 2003, it's largest shareholder is edenstone holdings ltd with a 100% stake. Ashgrove Groundworks Ltd is a mature, mid sized company, Pomanda has estimated its turnover at £16.6m with healthy growth in recent years.
Upgrade for unlimited company reports & a free credit check
Ashgrove Groundworks Ltd Health Check
Pomanda's financial health check has awarded Ashgrove Groundworks Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
3 Regular
3 Weak
Size
annual sales of £16.6m, make it larger than the average company (£2.2m)
£16.6m - Ashgrove Groundworks Ltd
£2.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 12%, show it is growing at a faster rate (6.9%)
12% - Ashgrove Groundworks Ltd
6.9% - Industry AVG
Production
with a gross margin of 2.7%, this company has a higher cost of product (26.6%)
2.7% - Ashgrove Groundworks Ltd
26.6% - Industry AVG
Profitability
an operating margin of -1.8% make it less profitable than the average company (7.4%)
-1.8% - Ashgrove Groundworks Ltd
7.4% - Industry AVG
Employees
with 59 employees, this is above the industry average (6)
59 - Ashgrove Groundworks Ltd
6 - Industry AVG
Pay Structure
on an average salary of £39.7k, the company has an equivalent pay structure (£48.5k)
£39.7k - Ashgrove Groundworks Ltd
£48.5k - Industry AVG
Efficiency
resulting in sales per employee of £281.1k, this is equally as efficient (£268.8k)
£281.1k - Ashgrove Groundworks Ltd
£268.8k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Ashgrove Groundworks Ltd
- - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is close to average (33 days)
34 days - Ashgrove Groundworks Ltd
33 days - Industry AVG
Stock Days
it holds stock equivalent to 4 days, this is less than average (188 days)
4 days - Ashgrove Groundworks Ltd
188 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (11 weeks)
0 weeks - Ashgrove Groundworks Ltd
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 61.6%, this is a lower level of debt than the average (72.4%)
61.6% - Ashgrove Groundworks Ltd
72.4% - Industry AVG
ASHGROVE GROUNDWORKS LTD financials
Ashgrove Groundworks Ltd's latest turnover from April 2024 is £16.6 million and the company has net assets of £1.3 million. According to their latest financial statements, Ashgrove Groundworks Ltd has 59 employees and maintains cash reserves of £23 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 16,584,000 | 19,863,000 | 18,382,000 | 11,748,000 | 9,738,000 | 5,608,000 | 3,238,000 | 1,374,000 | 14,000 | 489,000 | |||||
| Other Income Or Grants | |||||||||||||||
| Cost Of Sales | 16,132,000 | 18,212,000 | 17,252,000 | 11,042,000 | 9,204,000 | 5,132,000 | 2,773,000 | 1,488,000 | 400,000 | ||||||
| Gross Profit | 452,000 | 1,651,000 | 1,130,000 | 706,000 | 534,000 | 476,000 | 465,000 | -114,000 | 14,000 | 89,000 | |||||
| Admin Expenses | 745,000 | 784,000 | 558,000 | 413,000 | |||||||||||
| Operating Profit | -293,000 | 867,000 | 572,000 | 293,000 | |||||||||||
| Interest Payable | 34,000 | 28,000 | 16,000 | ||||||||||||
| Interest Receivable | |||||||||||||||
| Pre-Tax Profit | -327,000 | 839,000 | 556,000 | 293,000 | 245,000 | 269,000 | 260,000 | -114,000 | 14,000 | -5,000 | 498,000 | ||||
| Tax | 43,000 | -167,000 | -124,000 | -53,000 | -47,000 | -51,000 | 43,000 | ||||||||
| Profit After Tax | -284,000 | 672,000 | 432,000 | 240,000 | 198,000 | 218,000 | 303,000 | -114,000 | 14,000 | -5,000 | 498,000 | ||||
| Dividends Paid | |||||||||||||||
| Retained Profit | -284,000 | 672,000 | 432,000 | 240,000 | 198,000 | 218,000 | 303,000 | -114,000 | 14,000 | -5,000 | 498,000 | ||||
| Employee Costs | 2,344,000 | 3,592,000 | 2,577,000 | 2,478,000 | 2,609,000 | 1,347,000 | 1,008,000 | ||||||||
| Number Of Employees | 59 | 79 | 61 | 59 | 66 | 38 | 23 | ||||||||
| EBITDA* | -138,000 | 1,014,000 | 653,000 | 295,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 384,000 | 556,000 | 548,000 | 2,000 | 4,000 | 6,000 | 7,000 | ||||||||
| Intangible Assets | |||||||||||||||
| Investments & Other | |||||||||||||||
| Debtors (Due After 1 year) | |||||||||||||||
| Total Fixed Assets | 384,000 | 556,000 | 548,000 | 2,000 | 4,000 | 6,000 | 7,000 | ||||||||
| Stock & work in progress | 208,000 | 281,000 | 199,000 | 184,000 | 118,000 | 43,000 | 1,437,000 | 276,000 | |||||||
| Trade Debtors | 60,000 | 3,000 | |||||||||||||
| Group Debtors | 2,569,000 | 3,593,000 | 3,039,000 | 1,895,000 | 819,000 | 394,000 | 14,000 | 5,000 | |||||||
| Misc Debtors | 211,000 | 177,000 | 77,000 | 97,000 | 247,000 | 89,000 | |||||||||
| Cash | 23,000 | 175,000 | 333,000 | 309,000 | 34,000 | ||||||||||
| misc current assets | |||||||||||||||
| total current assets | 3,011,000 | 4,226,000 | 3,708,000 | 2,485,000 | 1,218,000 | 1,341,000 | 483,000 | 1,437,000 | 276,000 | 14,000 | 5,000 | ||||
| total assets | 3,395,000 | 4,782,000 | 4,256,000 | 2,487,000 | 1,222,000 | 1,347,000 | 490,000 | 1,437,000 | 276,000 | 14,000 | 5,000 | ||||
| Bank overdraft | |||||||||||||||
| Bank loan | |||||||||||||||
| Trade Creditors | 1,504,000 | 2,091,000 | 2,589,000 | 1,950,000 | 846,000 | 846,000 | 254,000 | ||||||||
| Group/Directors Accounts | 46,000 | 375,000 | 476,000 | 871,000 | 638,000 | 376,000 | |||||||||
| other short term finances | 375,000 | 870,000 | 376,000 | 376,000 | |||||||||||
| hp & lease commitments | 140,000 | 136,000 | 105,000 | ||||||||||||
| other current liabilities | 126,000 | 450,000 | 150,000 | 54,000 | 87,000 | 34,000 | 58,000 | ||||||||
| total current liabilities | 1,770,000 | 2,677,000 | 2,844,000 | 2,004,000 | 979,000 | 1,302,000 | 663,000 | 476,000 | 1,799,000 | 638,000 | 376,000 | 376,000 | 376,000 | ||
| loans | |||||||||||||||
| hp & lease commitments | 227,000 | 380,000 | 415,000 | ||||||||||||
| Accruals and Deferred Income | |||||||||||||||
| other liabilities | |||||||||||||||
| provisions | 95,000 | 138,000 | 82,000 | ||||||||||||
| total long term liabilities | 322,000 | 518,000 | 497,000 | ||||||||||||
| total liabilities | 2,092,000 | 3,195,000 | 3,341,000 | 2,004,000 | 979,000 | 1,302,000 | 663,000 | 476,000 | 1,799,000 | 638,000 | 376,000 | 376,000 | 376,000 | ||
| net assets | 1,303,000 | 1,587,000 | 915,000 | 483,000 | 243,000 | 45,000 | -173,000 | -476,000 | -362,000 | -362,000 | -362,000 | -376,000 | -371,000 | ||
| total shareholders funds | 1,303,000 | 1,587,000 | 915,000 | 483,000 | 243,000 | 45,000 | -173,000 | -476,000 | -362,000 | -362,000 | -362,000 | -376,000 | -371,000 |
| Apr 2024 | Apr 2023 | Apr 2022 | Apr 2021 | Apr 2020 | Apr 2019 | Apr 2018 | Apr 2017 | Apr 2016 | Apr 2015 | Apr 2014 | Apr 2013 | Apr 2012 | Apr 2011 | Apr 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||
| Operating Profit | -293,000 | 867,000 | 572,000 | 293,000 | |||||||||||
| Depreciation | 155,000 | 147,000 | 81,000 | 2,000 | 2,000 | 1,000 | 1,000 | ||||||||
| Amortisation | |||||||||||||||
| Tax | 43,000 | -167,000 | -124,000 | -53,000 | -47,000 | -51,000 | 43,000 | ||||||||
| Stock | -73,000 | 82,000 | 15,000 | 66,000 | 75,000 | 43,000 | -1,437,000 | 1,161,000 | 276,000 | ||||||
| Debtors | -990,000 | 594,000 | 1,184,000 | 926,000 | 1,063,000 | -480,000 | 483,000 | -14,000 | 14,000 | -5,000 | 5,000 | ||||
| Creditors | -587,000 | -498,000 | 639,000 | 1,104,000 | 592,000 | 254,000 | |||||||||
| Accruals and Deferred Income | -324,000 | 300,000 | 96,000 | -33,000 | 87,000 | -34,000 | 34,000 | -58,000 | 58,000 | ||||||
| Deferred Taxes & Provisions | -43,000 | 56,000 | 82,000 | ||||||||||||
| Cash flow from operations | 14,000 | 29,000 | 147,000 | 321,000 | -1,103,000 | -262,000 | |||||||||
| Investing Activities | |||||||||||||||
| capital expenditure | |||||||||||||||
| Change in Investments | |||||||||||||||
| cash flow from investments | |||||||||||||||
| Financing Activities | |||||||||||||||
| Bank loans | |||||||||||||||
| Group/Directors Accounts | -46,000 | 46,000 | -375,000 | -101,000 | -395,000 | 233,000 | 262,000 | 376,000 | |||||||
| Other Short Term Loans | -375,000 | 375,000 | -870,000 | 870,000 | -376,000 | 376,000 | |||||||||
| Long term loans | |||||||||||||||
| Hire Purchase and Lease Commitments | -149,000 | -4,000 | 520,000 | ||||||||||||
| other long term liabilities | |||||||||||||||
| share issue | |||||||||||||||
| interest | -34,000 | -28,000 | -16,000 | ||||||||||||
| cash flow from financing | -183,000 | -32,000 | 504,000 | -46,000 | -329,000 | -101,000 | -1,265,000 | 1,103,000 | 262,000 | -493,000 | |||||
| cash and cash equivalents | |||||||||||||||
| cash | -152,000 | -158,000 | 24,000 | 275,000 | 34,000 | ||||||||||
| overdraft | |||||||||||||||
| change in cash | -152,000 | -158,000 | 24,000 | 275,000 | 34,000 |
ashgrove groundworks ltd Credit Report and Business Information
Ashgrove Groundworks Ltd Competitor Analysis
Perform a competitor analysis for ashgrove groundworks ltd by selecting its closest rivals, whether from the CONSTRUCTION sector, other mid companies, companies in NP26 area or any other competitors across 12 key performance metrics.
ashgrove groundworks ltd Ownership
ASHGROVE GROUNDWORKS LTD group structure
Ashgrove Groundworks Ltd has no subsidiary companies.
ashgrove groundworks ltd directors
Ashgrove Groundworks Ltd currently has 2 directors. The longest serving directors include Mr Stuart Rodden (Oct 2003) and Mr Matthew Taylor (Feb 2017).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stuart Rodden | Wales | 54 years | Oct 2003 | - | Director |
| Mr Matthew Taylor | Wales | 52 years | Feb 2017 | - | Director |
P&L
April 2024turnover
16.6m
-17%
operating profit
-293k
-134%
gross margin
2.8%
-67.21%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
April 2024net assets
1.3m
-0.18%
total assets
3.4m
-0.29%
cash
23k
-0.87%
net assets
Total assets minus all liabilities
ashgrove groundworks ltd company details
company number
04941077
Type
Private limited with Share Capital
industry
41100 - Development of building projects
incorporation date
October 2003
age
22
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
April 2024
previous names
edenstone ventures limited (February 2017)
cotswoldgate ventures limited (April 2011)
See moreaccountant
-
auditor
AZETS AUDIT SERVICES
address
first floor, building 102, wales 1 business park, newport r, caldicot, NP26 3DG
Bank
-
Legal Advisor
-
ashgrove groundworks ltd 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 found 8 charges/mortgages relating to ashgrove groundworks ltd. Currently there are 0 open charges and 8 have been satisfied in the past.
ashgrove groundworks ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for ASHGROVE GROUNDWORKS LTD. This can take several minutes, an email will notify you when this has completed.
ashgrove groundworks ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
