grove house harrow limited

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grove house harrow limited Company Information

Share GROVE HOUSE HARROW LIMITED

Company Number

08733544

Shareholders

global metcorp ltd

ardour world ltd

Group Structure

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Industry

Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

 

Registered Address

grove house 55 lowlands road, harrow, middlesex, HA1 3AW

grove house harrow limited Estimated Valuation

£841.9k

Pomanda estimates the enterprise value of GROVE HOUSE HARROW LIMITED at £841.9k based on a Turnover of £249.7k and 3.37x industry multiple (adjusted for size and gross margin).

grove house harrow limited Estimated Valuation

£1.9m

Pomanda estimates the enterprise value of GROVE HOUSE HARROW LIMITED at £1.9m based on an EBITDA of £293.4k and a 6.59x industry multiple (adjusted for size and gross margin).

grove house harrow limited Estimated Valuation

£2.6m

Pomanda estimates the enterprise value of GROVE HOUSE HARROW LIMITED at £2.6m based on Net Assets of £1.5m and 1.75x industry multiple (adjusted for liquidity).

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Grove House Harrow Limited Overview

Grove House Harrow Limited is a live company located in middlesex, HA1 3AW with a Companies House number of 08733544. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in October 2013, it's largest shareholder is global metcorp ltd with a 50% stake. Grove House Harrow Limited is a established, micro sized company, Pomanda has estimated its turnover at £249.7k with declining growth in recent years.

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Grove House Harrow Limited Health Check

Pomanda's financial health check has awarded Grove House Harrow Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating4.5out of 5
positive_score

4 Strong

positive_score

2 Regular

positive_score

5 Weak

size

Size

annual sales of £249.7k, make it smaller than the average company (£920.2k)

£249.7k - Grove House Harrow Limited

£920.2k - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -2%, show it is growing at a slower rate (4.9%)

-2% - Grove House Harrow Limited

4.9% - Industry AVG

production

Production

with a gross margin of 75.3%, this company has a comparable cost of product (75.3%)

75.3% - Grove House Harrow Limited

75.3% - Industry AVG

profitability

Profitability

an operating margin of 114.5% make it more profitable than the average company (29.4%)

114.5% - Grove House Harrow Limited

29.4% - Industry AVG

employees

Employees

with 2 employees, this is below the industry average (4)

2 - Grove House Harrow Limited

4 - Industry AVG

paystructure

Pay Structure

on an average salary of £32.3k, the company has an equivalent pay structure (£32.3k)

£32.3k - Grove House Harrow Limited

£32.3k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £124.8k, this is less efficient (£177.7k)

£124.8k - Grove House Harrow Limited

£177.7k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 42 days, this is later than average (30 days)

42 days - Grove House Harrow Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 42 days, this is slower than average (38 days)

42 days - Grove House Harrow Limited

38 days - Industry AVG

stockdays

Stock Days

There is insufficient data available for this Key Performance Indicator!

- - Grove House Harrow Limited

- - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 22 weeks, this is more cash available to meet short term requirements (11 weeks)

22 weeks - Grove House Harrow Limited

11 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 30.5%, this is a lower level of debt than the average (64.5%)

30.5% - Grove House Harrow Limited

64.5% - Industry AVG

GROVE HOUSE HARROW LIMITED financials

EXPORTms excel logo

Grove House Harrow Limited's latest turnover from March 2024 is estimated at £249.7 thousand and the company has net assets of £1.5 million. According to their latest financial statements, we estimate that Grove House Harrow Limited has 2 employees and maintains cash reserves of £139.6 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Turnover249,652117,135138,294261,568319,042533,395130,00717,168746,677205,5702,138,178
Other Income Or Grants
Cost Of Sales61,60529,49634,57365,31082,942143,06332,6804,359212,88669,870702,715
Gross Profit188,04787,638103,721196,258236,100390,33297,32712,809533,792135,7001,435,463
Admin Expenses-97,815-44,310-28,60286,92483,778261,63113,779-83,482454,48377,0921,432,210
Operating Profit285,862131,948132,323109,334152,322128,70183,54896,29179,30958,6083,253
Interest Payable24,06433,64231,81033,35124,79833,42340,65333,45618,007
Interest Receivable6,8836,5511,4111508467570428146432726
Pre-Tax Profit268,681104,857101,92576,132127,60795,95343,59963,11661,76658,9353,279
Tax-67,170-19,923-19,366-14,465-24,245-18,231-8,284-12,623-12,353-12,376-754
Profit After Tax201,51184,93482,55961,667103,36277,72235,31550,49349,41346,5592,525
Dividends Paid
Retained Profit201,51184,93482,55961,667103,36277,72235,31550,49349,41346,5592,525
Employee Costs64,64330,37129,58953,71782,180108,11352,18525,572157,52752,099346,838
Number Of Employees211234216214
EBITDA*293,422139,508139,883117,794152,322128,70183,54896,29179,30958,6083,253

* Earnings Before Interest, Tax, Depreciation and Amortisation

Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Tangible Assets6,66014,22021,78029,340888,586888,586888,586888,586
Intangible Assets
Investments & Other1,950,0002,360,0002,400,0002,400,0002,400,0002,400,000888,586
Debtors (Due After 1 year)
Total Fixed Assets1,956,6602,374,2202,421,7802,429,3402,400,0002,400,000888,586888,586888,586888,586888,586
Stock & work in progress
Trade Debtors29,27113,80018,63035,47038,00061,05013,80077,2206,900203,640
Group Debtors
Misc Debtors10,5214,88411,340
Cash139,601122,603185,666190,640109,08858,351121,658159,93665,181120,40810,478
misc current assets
total current assets179,393141,287204,296226,110158,428119,401135,458159,936142,401127,308214,118
total assets2,136,0532,515,5072,626,0762,655,4502,558,4282,519,4011,024,0441,048,5221,030,9871,015,8941,102,704
Bank overdraft110,969188,83433,28633,28633,28638,48736,81336,704
Bank loan
Trade Creditors 7,2008,5802,8123,0046,6898,53113,7698,02715,875156,741254,466
Group/Directors Accounts373,650
other short term finances
hp & lease commitments
other current liabilities200,513190,530196,044177,453117,771107,67991,556118,859106,460
total current liabilities318,682387,944232,142213,743157,746489,860143,812163,699159,039156,741254,466
loans66,50061,500372,805503,137523,779256,000695,827479,733517,351
hp & lease commitments
Accruals and Deferred Income
other liabilities256,000256,000809,969845,613
provisions265,354367,854287,169287,169287,169
total long term liabilities331,854429,354659,974790,306810,948256,000695,827735,733773,351809,969845,613
total liabilities650,536817,298892,1161,004,049968,694745,860839,639899,432932,390966,7101,100,079
net assets1,485,5171,698,2091,733,9601,651,4011,589,7341,773,541184,405149,09098,59749,1842,625
total shareholders funds1,485,5171,698,2091,733,9601,651,4011,589,7341,773,541184,405149,09098,59749,1842,625
Mar 2024Mar 2023Mar 2022Mar 2021Mar 2020Mar 2019Mar 2018Mar 2017Mar 2016Mar 2015Mar 2014
Operating Activities
Operating Profit285,862131,948132,323109,334152,322128,70183,54896,29179,30958,6083,253
Depreciation7,5607,5607,5608,460
Amortisation
Tax-67,170-19,923-19,366-14,465-24,245-18,231-8,284-12,623-12,353-12,376-754
Stock
Debtors21,10854-16,840-13,870-11,71047,25013,800-77,22070,320-196,740203,640
Creditors-1,3805,768-192-3,685-1,842-5,2385,742-7,848-140,866-97,725254,466
Accruals and Deferred Income9,983-5,51418,59159,68210,09216,123-27,30312,399106,460
Deferred Taxes & Provisions-102,50080,685287,169
Cash flow from operations111,247200,470155,756173,196435,20674,10539,903165,439-37,770145,24753,325
Investing Activities
capital expenditure-37,800888,586-888,586
Change in Investments-410,000-40,0001,511,414888,586
cash flow from investments410,00040,000-37,800-1,511,414-888,586
Financing Activities
Bank loans
Group/Directors Accounts-373,650373,650
Other Short Term Loans
Long term loans5,000-311,305-130,332-20,642267,779-439,827216,094-37,618517,351
Hire Purchase and Lease Commitments
other long term liabilities-256,000-553,969-35,644845,613
share issue-414,203-120,685-287,1691,511,414100
interest-17,181-27,091-30,399-33,201-24,714-32,748-39,949-33,175-17,54332726
cash flow from financing-426,384-459,081-160,731-53,843-417,7541,412,489-79,855-70,793-54,161-35,317845,739
cash and cash equivalents
cash16,998-63,063-4,97481,55250,737-63,307-38,27894,755-55,227109,93010,478
overdraft-77,865155,54833,286-38,4871,67410936,704
change in cash94,863-218,611-4,97481,55217,451-24,820-39,95294,646-91,931109,93010,478

grove house harrow limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Grove House Harrow Limited Competitor Analysis

competitor_analysis_table_img

Perform a competitor analysis for grove house harrow limited by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in HA1 area or any other competitors across 12 key performance metrics.

grove house harrow limited Ownership

GROVE HOUSE HARROW LIMITED group structure

Grove House Harrow Limited has no subsidiary companies.

Ultimate parent company

GROVE HOUSE HARROW LIMITED

08733544

GROVE HOUSE HARROW LIMITED Shareholders

global metcorp ltd 50%
ardour world ltd 50%

grove house harrow limited directors

Grove House Harrow Limited currently has 3 directors. The longest serving directors include Mr Ashish Chaudhari (Oct 2013) and Mr Sundip Goyal (Oct 2013).

officercountryagestartendrole
Mr Ashish ChaudhariUnited Kingdom46 years Oct 2013- Director
Mr Sundip GoyalEngland53 years Oct 2013- Director
Mr Rajan Choudhary40 years Dec 2013- Director

P&L

March 2024

turnover

249.7k

+113%

operating profit

285.9k

0%

gross margin

75.4%

+0.68%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

March 2024

net assets

1.5m

-0.13%

total assets

2.1m

-0.15%

cash

139.6k

+0.14%

net assets

Total assets minus all liabilities

grove house harrow limited company details

company number

08733544

Type

Private limited with Share Capital

industry

68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.

incorporation date

October 2013

age

12

incorporated

UK

ultimate parent company

None

accounts

Small Company

last accounts submitted

March 2024

previous names

N/A

accountant

-

auditor

SAWHNEY CONSULTING LIMITED

address

grove house 55 lowlands road, harrow, middlesex, HA1 3AW

Bank

BARCLAYS BANK PLC

Legal Advisor

-

grove house harrow 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 4 charges/mortgages relating to grove house harrow limited. Currently there are 3 open charges and 1 have been satisfied in the past.

grove house harrow 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 HOUSE HARROW LIMITED. This can take several minutes, an email will notify you when this has completed.

grove house harrow limited Companies House Filings - See Documents

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