Pomanda estimates the enterprise value of GROVE DEVELOPMENTS LIMITED at £19.9m based on a Turnover of £34.8m and 0.57x industry multiple (adjusted for size and gross margin).
grove developments limitedEstimated Valuation
£1.4m
Pomanda estimates the enterprise value of GROVE DEVELOPMENTS LIMITED at £1.4m based on an EBITDA of £320.6k and a 4.36x industry multiple (adjusted for size and gross margin).
grove developments limitedEstimated Valuation
£177.4k
Pomanda estimates the enterprise value of GROVE DEVELOPMENTS LIMITED at £177.4k based on Net Assets of £128k and 1.39x industry multiple (adjusted for liquidity).
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Grove Developments LimitedOverview
Grove Developments Limited is a live company located in hounslow, TW6 2SF with a Companies House number of 07459482. It operates in the development of building projects sector, SIC Code 41100. Founded in December 2010, it's largest shareholder is
amsl investments limited
with a 100% stake. Grove Developments Limited is a established,
large sized company, Pomanda has estimated its turnover at
£34.8m with
declining
growth in recent years.
Pomanda's financial health check has awarded Grove Developments Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 7 areas for improvement. Company Health Check FAQs
Health Rating2.5out of 5
4 Strong
0 Regular
7 Weak
Size
annual sales of £34.8m, make it larger than the average company (£2.3m)
£34.8m - Grove Developments Limited
£2.3m - Industry AVG
Growth
3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (6%)
-2% - Grove Developments Limited
6% - Industry AVG
Production
with a gross margin of 7.5%, this company has a higher cost of product (26.2%)
7.5% - Grove Developments Limited
26.2% - Industry AVG
Profitability
an operating margin of 0.9% make it less profitable than the average company (7.5%)
0.9% - Grove Developments Limited
7.5% - Industry AVG
Employees
with 31 employees, this is above the industry average (6)
31 - Grove Developments Limited
6 - Industry AVG
Pay Structure
on an average salary of £68k, the company has a higher pay structure (£48.3k)
£68k - Grove Developments Limited
£48.3k - Industry AVG
Efficiency
resulting in sales per employee of £1.1m, this is more efficient (£278.4k)
£1.1m - Grove Developments Limited
£278.4k - Industry AVG
Debtor Days
it gets paid by customers after 0 days, this is earlier than average (27 days)
0 days - Grove Developments Limited
27 days - Industry AVG
Creditor Days
its suppliers are paid after 7 days, this is quicker than average (31 days)
7 days - Grove Developments Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Grove Developments Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 2 weeks, this is less cash available to meet short term requirements (11 weeks)
2 weeks - Grove Developments Limited
11 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 99.1%, this is a higher level of debt than the average (73.8%)
99.1% - Grove Developments Limited
73.8% - Industry AVG
GROVE DEVELOPMENTS LIMITED financials
EXPORT
Grove Developments Limited's latest turnover from March 2024 is £34.8 million and the company has net assets of £128 thousand. According to their latest financial statements, Grove Developments Limited has 31 employees and maintains cash reserves of £657.2 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Turnover
34,797,834
28,704,023
139,193,666
37,172,374
17,890,552
62,090,703
119,985,630
65,391,402
81,166,557
75,577,700
28,678,029
36,390,389
72,669,589
4,930,890
Other Income Or Grants
Cost Of Sales
32,206,362
27,917,630
136,343,017
33,118,532
47,152,217
58,623,572
112,265,063
59,454,053
66,662,306
66,627,475
25,018,711
25,784,252
61,923,898
4,176,010
Gross Profit
2,591,472
786,393
2,850,649
4,053,842
-29,261,665
3,467,131
7,720,567
5,937,349
14,504,251
8,950,225
3,659,318
10,606,137
10,745,691
754,880
Admin Expenses
2,287,970
1,826,830
1,296,330
2,964,564
4,567,647
3,882,261
4,727,222
3,637,315
3,852,858
1,646,893
1,576,930
1,381,452
1,086,124
173,444
Operating Profit
303,502
-1,040,437
1,554,319
1,089,278
-33,829,312
-415,130
2,993,345
2,300,034
10,651,393
7,303,332
2,082,388
9,224,685
9,659,567
581,436
Interest Payable
17,906
260,134
559,527
156,161
12,185
666,351
2,862,201
2,607,260
400,505
2,730,238
6,532,759
608,492
Interest Receivable
2,900
6,508
8
787
3,175
16,682
10,385
17,072
19,783
17,035
21,759
292,651
1,005,982
45,870
Pre-Tax Profit
288,496
-1,294,063
994,800
933,904
-33,826,137
-410,633
2,337,379
-545,095
8,063,916
16,899,862
2,104,147
6,787,098
4,132,790
18,814
Tax
-4,324,091
4,011,606
273,785
-48,832
3,176
44,270
-444,643
92,004
-92,285
-1,108,424
Profit After Tax
-4,035,595
2,717,543
1,268,585
885,072
-33,822,961
-366,363
1,892,736
-453,091
7,971,631
15,791,438
2,104,147
6,787,098
4,132,790
18,814
Dividends Paid
50,763,916
4,000,000
Retained Profit
-4,035,595
2,717,543
-49,495,331
885,072
-33,822,961
-366,363
1,892,736
-453,091
7,971,631
15,791,438
2,104,147
2,787,098
4,132,790
18,814
Employee Costs
2,108,342
1,642,405
991,318
2,287,340
3,075,331
2,718,134
2,322,997
1,871,969
1,790,065
895,509
659,861
513,348
301,584
3,875
Number Of Employees
31
25
38
62
57
51
38
35
31
19
16
10
7
2
EBITDA*
320,583
-1,040,266
1,554,319
1,089,816
-33,803,831
-366,134
3,039,905
2,326,456
10,655,369
7,304,266
2,082,388
9,224,685
9,659,567
581,436
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Tangible Assets
84,789
2,064
538
26,019
75,015
120,198
21,480
14,016
20,000
20,000
20,000
Intangible Assets
Investments & Other
1
3,290,001
3,290,001
3,290,001
3,290,001
3,290,001
3,290,001
Debtors (Due After 1 year)
3,453,855
Total Fixed Assets
84,790
6,745,920
3,290,001
3,290,001
3,290,539
3,316,020
3,365,016
120,198
21,480
14,016
20,000
20,000
20,000
Stock & work in progress
197,193
7,179,070
105,607,941
84,975,615
64,018,919
3,158,631
44,554,512
704,168
Trade Debtors
1,034
547,136
3,070
1,096,335
956,201
1,222,996
7,365,153
13,647,525
9,379,505
563,388
523,254
151,724
38,619,682
6,605,412
Group Debtors
10,788,698
6,389,242
1,852,922
2,908,038
6,608,742
8,136,463
36,209,678
45,223,360
29,213,680
32,124,610
18,979,325
2,942,014
661,055
Misc Debtors
3,103,337
1,929,832
1,095,906
2,731,442
8,617,560
3,200,137
2,899,528
5,370,703
29,095,968
45,294,848
1,066,963
5,449,265
2,409,197
1,201,682
Cash
657,167
2,155,706
4,585,663
636,136
5,446,272
2,618,588
19,613,754
143,897
8,110,329
4,031,266
464,504
9,125,095
44,183,633
71,735,996
misc current assets
total current assets
14,550,236
11,219,109
14,716,631
112,979,892
106,604,390
79,197,103
69,246,744
108,939,997
76,503,650
82,014,112
21,034,046
17,668,098
85,873,567
79,543,090
total assets
14,635,026
17,965,029
18,006,632
116,269,893
109,894,929
82,513,123
72,611,760
109,060,195
76,525,130
82,028,128
21,054,046
17,688,098
85,893,567
79,543,090
Bank overdraft
Bank loan
12,775,192
Trade Creditors
621,888
1,180,954
929,728
1,655,662
3,133,976
2,798,725
3,849,646
3,833,354
2,814,298
2,994,485
2,996,518
309,468
2,616,254
176,109
Group/Directors Accounts
4,895,620
3,446,119
389,734
12,770,043
65,567,362
23,869,623
2,942,058
26,919,550
1,147,208
8,789,419
1,662,751
24,772
4,423,994
759,594
other short term finances
37,636
10,144,779
hp & lease commitments
other current liabilities
8,978,953
9,174,333
13,520,573
13,688,649
15,032,442
21,965,475
31,574,393
33,178,892
39,757,606
45,409,837
7,314,192
10,415,056
13,556,836
27,588,473
total current liabilities
14,496,461
13,801,406
14,840,035
28,114,354
83,733,780
48,633,823
38,366,097
76,706,988
43,719,112
57,193,741
12,011,097
10,749,296
30,741,863
28,524,176
loans
37,214,128
26,104,810
51,000,000
51,000,000
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
10,537
1,720,517
280
total long term liabilities
10,537
1,720,517
37,214,128
26,104,810
280
51,000,000
51,000,000
total liabilities
14,506,998
13,801,406
16,560,552
65,328,482
109,838,590
48,633,823
38,366,097
76,707,268
43,719,112
57,193,741
12,011,097
10,749,296
81,741,863
79,524,176
net assets
128,028
4,163,623
1,446,080
50,941,411
56,339
33,879,300
34,245,663
32,352,927
32,806,018
24,834,387
9,042,949
6,938,802
4,151,704
18,914
total shareholders funds
128,028
4,163,623
1,446,080
50,941,411
56,339
33,879,300
34,245,663
32,352,927
32,806,018
24,834,387
9,042,949
6,938,802
4,151,704
18,914
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Mar 2016
Mar 2015
Mar 2014
Mar 2013
Mar 2012
Mar 2011
Operating Activities
Operating Profit
303,502
-1,040,437
1,554,319
1,089,278
-33,829,312
-415,130
2,993,345
2,300,034
10,651,393
7,303,332
2,082,388
9,224,685
9,659,567
581,436
Depreciation
17,081
171
538
25,481
48,996
46,560
26,422
3,976
934
Amortisation
Tax
-4,324,091
4,011,606
273,785
-48,832
3,176
44,270
-444,643
92,004
-92,285
-1,108,424
Stock
-197,193
-6,981,877
-98,428,871
20,632,326
20,956,696
60,860,288
-41,395,881
43,850,344
704,168
Debtors
1,573,004
9,368,167
-3,783,917
-9,446,688
3,622,907
-33,914,763
-17,767,229
-3,447,565
-10,293,693
57,413,304
12,026,539
-33,146,931
33,882,840
7,807,094
Creditors
-559,066
251,226
-725,934
-1,478,314
335,251
-1,050,921
16,292
1,019,056
-180,187
-2,033
2,687,050
-2,306,786
2,440,145
176,109
Accruals and Deferred Income
-195,380
-4,346,240
-168,076
-1,343,793
-6,933,033
-9,608,918
-1,604,499
-6,578,714
-5,652,231
38,095,645
-3,100,864
-3,141,780
-14,031,637
27,588,473
Deferred Taxes & Provisions
10,537
-1,720,517
1,720,517
-280
280
Cash flow from operations
-6,123,228
-5,230,481
104,867,399
-12,966,761
-64,978,040
-37,927,228
60,169,885
-43,543,697
14,320,191
-13,123,850
-10,357,965
36,923,050
-35,814,765
20,538,924
Investing Activities
capital expenditure
-99,806
-2,235
-1,377
-125,140
-11,440
5,050
-20,000
Change in Investments
-3,290,000
3,290,001
cash flow from investments
3,190,194
-2,235
-3,291,378
-125,140
-11,440
5,050
-20,000
Financing Activities
Bank loans
-12,775,192
12,775,192
Group/Directors Accounts
1,449,501
3,056,385
-12,380,309
-52,797,319
41,697,739
20,927,565
-23,977,492
25,772,342
-7,642,211
7,126,668
1,637,979
-4,399,222
3,664,400
759,594
Other Short Term Loans
-37,636
37,636
-10,144,779
10,144,779
Long term loans
-37,214,128
11,109,318
26,104,810
-51,000,000
51,000,000
Hire Purchase and Lease Commitments
other long term liabilities
share issue
50,000,000
100
interest
-15,006
-253,626
-559,519
-155,374
3,175
4,497
-655,966
-2,845,129
-2,587,477
-383,470
21,759
-2,437,587
-5,526,777
-562,622
cash flow from financing
1,434,495
2,802,759
-50,153,956
8,156,625
67,805,724
20,932,062
-37,408,650
35,702,405
-10,229,688
6,705,562
1,697,374
-67,981,588
8,282,402
51,197,072
cash and cash equivalents
cash
-1,498,539
-2,429,957
3,949,527
-4,810,136
2,827,684
-16,995,166
19,469,857
-7,966,432
4,079,063
3,566,762
-8,660,591
-35,058,538
-27,552,363
71,735,996
overdraft
change in cash
-1,498,539
-2,429,957
3,949,527
-4,810,136
2,827,684
-16,995,166
19,469,857
-7,966,432
4,079,063
3,566,762
-8,660,591
-35,058,538
-27,552,363
71,735,996
grove developments limited Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for grove developments limited. Get real-time insights into grove developments limited's credit score, group structure and payment trends.
Perform a competitor analysis for grove developments limited by selecting its closest rivals, whether from the CONSTRUCTION sector, other large companies, companies in TW6 area or any other competitors across 12 key performance metrics.
grove developments limited Ownership
GROVE DEVELOPMENTS LIMITED group structure
Grove Developments Limited has no subsidiary companies.
Ultimate parent company
ARORA FAMILY TRUST NO 2
#0069646
AMSL INVESTMENTS LTD
#0012711
2 parents
GROVE DEVELOPMENTS LIMITED
07459482
GROVE DEVELOPMENTS LIMITED Shareholders
The sole shareholder of Grove Developments Limited is Amsl Investments Limited.
amsl investments limited
100%
grove developments limited directors
Grove Developments Limited currently has 4 directors.
The longest serving directors include
Mr Surinder Arora (Dec 2010) and
Mr Carlton Brown (Dec 2010).
world business centre 2, newall road, hounslow, TW6 2SF
Bank
-
Legal Advisor
-
grove developments 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 11 charges/mortgages relating to grove developments limited. Currently there are 3 open charges and 8 have been satisfied in the past.
grove developments 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.
Click to start generating capital raising & share issue transactions for GROVE DEVELOPMENTS LIMITED. This can take several minutes, an email will notify you when this has completed.
grove developments limitedCompanies House Filings - See Documents
