grovelands resourcing limited Company Information
Company Number
07036418
Next Accounts
Mar 2025
Shareholders
davies group limited
Group Structure
View All
Industry
Temporary employment agency activities
Registered Address
5th floor 20 gracechurch street, london, EC3V 0BG
Website
www.grovelands.co.ukgrovelands resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of GROVELANDS RESOURCING LIMITED at £0 based on a Turnover of £0 and 0.17x industry multiple (adjusted for size and gross margin).
grovelands resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of GROVELANDS RESOURCING LIMITED at £0 based on an EBITDA of £-29k and a 2.68x industry multiple (adjusted for size and gross margin).
grovelands resourcing limited Estimated Valuation
Pomanda estimates the enterprise value of GROVELANDS RESOURCING LIMITED at £2.9m based on Net Assets of £1.9m and 1.56x industry multiple (adjusted for liquidity).
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Grovelands Resourcing Limited Overview
Grovelands Resourcing Limited is a live company located in london, EC3V 0BG with a Companies House number of 07036418. It operates in the temporary employment agency activities sector, SIC Code 78200. Founded in October 2009, it's largest shareholder is davies group limited with a 100% stake. Grovelands Resourcing Limited is a established, unknown sized company, Pomanda has estimated its turnover at £0 with declining growth in recent years.
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Grovelands Resourcing Limited Health Check
Pomanda's financial health check has awarded Grovelands Resourcing Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 2 areas for improvement. Company Health Check FAQs
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2 Strong
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1 Regular
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2 Weak
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Size
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Growth
3 year (CAGR) sales growth of -100%, show it is growing at a slower rate (3.8%)
- Grovelands Resourcing Limited
- - Industry AVG
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Production
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Profitability
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Employees
with 1 employees, this is below the industry average (52)
- Grovelands Resourcing Limited
- - Industry AVG
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Pay Structure
on an average salary of £49.4k, the company has an equivalent pay structure (£49.4k)
- Grovelands Resourcing Limited
- - Industry AVG
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Efficiency
There is insufficient data available for this Key Performance Indicator!
- Grovelands Resourcing Limited
- - Industry AVG
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Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grovelands Resourcing Limited
- - Industry AVG
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Cash Balance
has cash to cover current liabilities for 57 weeks, this is more cash available to meet short term requirements (8 weeks)
- - Grovelands Resourcing Limited
- - Industry AVG
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Debt Level
it has a ratio of liabilities to total assets of 26.6%, this is a lower level of debt than the average (72.2%)
- - Grovelands Resourcing Limited
- - Industry AVG
GROVELANDS RESOURCING LIMITED financials
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Grovelands Resourcing Limited's latest turnover from June 2023 is 0 and the company has net assets of £1.9 million. According to their latest financial statements, we estimate that Grovelands Resourcing Limited has 1 employee and maintains cash reserves of £737.7 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Jun 2023 | Jun 2022 | Jun 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | 3,652,728 | 15,516,533 | 22,982,202 | 41,045,933 | 30,968,434 | 35,008,246 | 30,695,393 | 23,499,828 | |||||
Other Income Or Grants | |||||||||||||
Cost Of Sales | 1,581,377 | 14,091,934 | 20,619,830 | 38,123,431 | 28,281,925 | 32,096,982 | 28,200,621 | 21,592,118 | |||||
Gross Profit | 2,071,351 | 1,424,599 | 2,362,372 | 2,922,502 | 2,686,509 | 2,911,264 | 2,494,772 | 1,907,710 | |||||
Admin Expenses | 29,003 | 1,287,019 | 493,651 | 1,764,474 | 2,476,523 | 2,365,850 | 2,502,367 | 2,092,788 | 1,310,829 | ||||
Operating Profit | -29,003 | 784,332 | 930,948 | 597,898 | 445,979 | 320,659 | 408,897 | 401,984 | 596,881 | ||||
Interest Payable | 108,864 | 90 | 419 | ||||||||||
Interest Receivable | 179 | 86 | 224 | 224 | 561 | ||||||||
Pre-Tax Profit | -29,003 | 784,332 | 822,084 | 484,435 | 420,948 | 301,352 | 408,702 | 402,208 | 597,442 | ||||
Tax | 24,234 | 14,796 | -165,454 | -125,894 | -93,207 | -72,554 | -90,044 | -117,151 | -150,090 | ||||
Profit After Tax | -4,769 | 799,128 | 656,630 | 358,541 | 327,741 | 228,798 | 318,658 | 285,057 | 447,352 | ||||
Dividends Paid | 160,000 | 407,020 | 294,120 | 220,000 | 340,000 | 180,000 | 140,000 | ||||||
Retained Profit | -4,769 | 799,128 | 496,630 | -48,479 | 33,621 | 8,798 | -43,762 | 127,477 | 307,352 | ||||
Employee Costs | 1,079,331 | 2,150,512 | 2,079,837 | 3,560,303 | 2,915,112 | 2,962,398 | 910,379 | 549,978 | |||||
Number Of Employees | 17 | 20 | 27 | 31 | 34 | 77 | 72 | 83 | 92 | 62 | |||
EBITDA* | -29,003 | 784,332 | 930,948 | 613,657 | 471,438 | 375,521 | 560,001 | 501,283 | 669,370 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Jun 2023 | Jun 2022 | Jun 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 16,090 | 27,877 | 10,398 | 34,155 | 125,419 | 138,980 | 126,734 | 77,624 | 44,522 | ||||
Intangible Assets | 140,221 | 72,248 | 96,331 | ||||||||||
Investments & Other | 78 | 22,499 | 35,665 | 79 | |||||||||
Debtors (Due After 1 year) | 356,122 | 13,750 | 48,248 | 2,608 | |||||||||
Total Fixed Assets | 156,311 | 383,999 | 24,148 | 82,403 | 128,105 | 233,727 | 258,730 | 77,703 | 44,522 | ||||
Stock & work in progress | |||||||||||||
Trade Debtors | 630,183 | 652,343 | 1,272,425 | 1,578,041 | 1,394,178 | 2,147,981 | 3,301,537 | 3,674,805 | 2,280,287 | 3,712,665 | 3,432,907 | 1,734,808 | 1,375,142 |
Group Debtors | 990,451 | 1,509,892 | |||||||||||
Misc Debtors | 165,652 | 237,308 | 978,098 | 1,018,009 | 1,410,411 | 2,246,420 | 1,627,072 | 1,771,137 | 2,221,687 | 332,420 | 5,000 | ||
Cash | 737,706 | 747,330 | 1,668,653 | 54,248 | 71,074 | 66,590 | 747,414 | 34,213 | 217,645 | 310,165 | 45,609 | 80,105 | 23,277 |
misc current assets | |||||||||||||
total current assets | 2,523,992 | 3,146,873 | 3,919,176 | 2,650,298 | 2,884,750 | 3,624,982 | 6,295,371 | 5,336,090 | 4,269,069 | 6,244,517 | 3,810,936 | 1,819,913 | 1,398,419 |
total assets | 2,523,992 | 3,146,873 | 3,919,176 | 2,650,298 | 3,041,061 | 4,008,981 | 6,319,519 | 5,418,493 | 4,397,174 | 6,478,244 | 4,069,666 | 1,897,616 | 1,442,941 |
Bank overdraft | 1,498,017 | 190,948 | |||||||||||
Bank loan | |||||||||||||
Trade Creditors | 261,928 | 658,104 | 1,389,031 | 317,043 | 953,184 | 947,441 | 773,655 | 753,993 | 903,536 | 2,797,684 | 2,138,945 | 1,762,078 | 1,257,823 |
Group/Directors Accounts | 348,607 | 439,450 | |||||||||||
other short term finances | 447,776 | 21,302 | 854,648 | 156,611 | |||||||||
hp & lease commitments | |||||||||||||
other current liabilities | 61,408 | 192,501 | 1,472,455 | 1,349,034 | 2,378,963 | 4,845,337 | 3,250,374 | 2,787,151 | 1,585,925 | 1,296,883 | |||
total current liabilities | 671,943 | 1,290,055 | 2,861,486 | 2,113,853 | 2,634,072 | 3,326,404 | 5,618,992 | 4,859,015 | 3,847,298 | 5,881,626 | 3,626,776 | 1,762,078 | 1,257,823 |
loans | |||||||||||||
hp & lease commitments | |||||||||||||
Accruals and Deferred Income | |||||||||||||
other liabilities | |||||||||||||
provisions | 159,032 | 128,503 | 21,082 | 20,278 | 23,258 | ||||||||
total long term liabilities | 159,032 | 128,503 | 21,082 | 20,278 | 23,258 | ||||||||
total liabilities | 671,943 | 1,290,055 | 2,861,486 | 2,113,853 | 2,634,072 | 3,485,436 | 5,747,495 | 4,880,097 | 3,867,576 | 5,904,884 | 3,626,776 | 1,762,078 | 1,257,823 |
net assets | 1,852,049 | 1,856,818 | 1,057,690 | 536,445 | 406,989 | 523,545 | 572,024 | 538,396 | 529,598 | 573,360 | 442,890 | 135,538 | 185,118 |
total shareholders funds | 1,852,049 | 1,856,818 | 1,057,690 | 536,445 | 406,989 | 523,545 | 572,024 | 538,396 | 529,598 | 573,360 | 442,890 | 135,538 | 185,118 |
Jun 2023 | Jun 2022 | Jun 2021 | May 2020 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||
Operating Profit | -29,003 | 784,332 | 930,948 | 597,898 | 445,979 | 320,659 | 408,897 | 401,984 | 596,881 | ||||
Depreciation | 15,599 | 12,960 | 15,759 | 25,459 | 54,862 | 82,356 | 75,216 | 48,406 | 26,621 | 6,517 | |||
Amortisation | 140,221 | 68,748 | 24,083 | 24,083 | |||||||||
Tax | 24,234 | 14,796 | -165,454 | -125,894 | -93,207 | -72,554 | -90,044 | -117,151 | -150,090 | ||||
Stock | |||||||||||||
Debtors | -613,257 | 149,020 | -345,527 | 2,596,050 | -2,520,336 | -1,647,193 | 211,582 | 1,296,093 | -1,880,320 | 2,169,025 | 2,025,519 | 364,666 | 1,375,142 |
Creditors | -396,176 | -730,927 | 1,071,988 | 317,043 | 5,743 | 173,786 | 19,662 | -149,543 | -1,894,148 | 658,739 | 376,867 | 504,255 | 1,257,823 |
Accruals and Deferred Income | -131,093 | -1,279,954 | 123,421 | 1,349,034 | -2,378,963 | -2,466,374 | 1,594,963 | 463,223 | 1,201,226 | 289,042 | 1,296,883 | ||
Deferred Taxes & Provisions | -159,032 | 30,529 | 107,421 | 804 | -2,980 | 23,258 | |||||||
Cash flow from operations | 81,219 | -1,360,773 | 2,306,430 | -127,103 | 1,888,695 | -678,642 | 1,654,375 | -813,854 | 167,511 | ||||
Investing Activities | |||||||||||||
capital expenditure | -36,617 | -1,877 | 492 | -67,447 | -89,288 | -239,434 | |||||||
Change in Investments | -78 | -22,421 | -13,166 | 35,586 | 79 | ||||||||
cash flow from investments | -36,617 | -1,877 | 570 | -45,026 | -76,122 | -275,020 | |||||||
Financing Activities | |||||||||||||
Bank loans | |||||||||||||
Group/Directors Accounts | -90,843 | 439,450 | |||||||||||
Other Short Term Loans | -447,776 | 447,776 | 21,302 | -854,648 | 698,037 | 156,611 | |||||||
Long term loans | |||||||||||||
Hire Purchase and Lease Commitments | |||||||||||||
other long term liabilities | |||||||||||||
share issue | |||||||||||||
interest | -108,864 | -90 | 179 | 86 | -195 | 224 | 561 | ||||||
cash flow from financing | -90,843 | 439,450 | -532,025 | -90 | -854,462 | 698,123 | 156,416 | 3,217 | 561 | ||||
cash and cash equivalents | |||||||||||||
cash | -9,624 | -921,323 | 1,614,405 | 54,248 | 4,484 | -680,824 | 713,201 | -183,432 | -92,520 | 264,556 | -34,496 | 56,828 | 23,277 |
overdraft | -1,498,017 | 1,307,069 | 190,948 | ||||||||||
change in cash | -9,624 | -921,323 | 1,614,405 | 54,248 | 4,484 | -680,824 | 713,201 | -183,432 | 1,405,497 | -1,042,513 | -225,444 | 56,828 | 23,277 |
grovelands resourcing limited Credit Report and Business Information
Grovelands Resourcing Limited Competitor Analysis
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Perform a competitor analysis for grovelands resourcing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other established companies, companies in EC3V area or any other competitors across 12 key performance metrics.
grovelands resourcing limited Ownership
GROVELANDS RESOURCING LIMITED group structure
Grovelands Resourcing Limited has 2 subsidiary companies.
Ultimate parent company
DAVIES BIDCO LTD
#0127498
2 parents
GROVELANDS RESOURCING LIMITED
07036418
2 subsidiaries
grovelands resourcing limited directors
Grovelands Resourcing Limited currently has 4 directors. The longest serving directors include Mr Daniel Saulter (May 2021) and Mr Mark Grocott (Dec 2024).
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Daniel Saulter | United Kingdom | 46 years | May 2021 | - | Director |
Mr Mark Grocott | United Kingdom | 49 years | Dec 2024 | - | Director |
Mr Matthew Button | United Kingdom | 37 years | Jan 2025 | - | Director |
Ms Amber Wilkinson | United Kingdom | 45 years | Jan 2025 | - | Director |
P&L
June 2023turnover
0
-100%
operating profit
-29k
-104%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
June 2023net assets
1.9m
0%
total assets
2.5m
-0.2%
cash
737.7k
-0.01%
net assets
Total assets minus all liabilities
grovelands resourcing limited company details
company number
07036418
Type
Private limited with Share Capital
industry
78200 - Temporary employment agency activities
incorporation date
October 2009
age
16
incorporated
UK
ultimate parent company
accounts
Audit Exemption Subsidiary
last accounts submitted
June 2023
previous names
N/A
accountant
-
auditor
-
address
5th floor 20 gracechurch street, london, EC3V 0BG
Bank
-
Legal Advisor
-
grovelands resourcing 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 found 7 charges/mortgages relating to grovelands resourcing limited. Currently there are 0 open charges and 7 have been satisfied in the past.
grovelands resourcing limited 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.
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grovelands resourcing limited Companies House Filings - See Documents
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