grove wp limited
grove wp limited Company Information
Company Number
08906860
Next Accounts
Dec 2025
Industry
Hotels and similar accommodation
Shareholders
arora hotels limited
Group Structure
View All
Contact
Registered Address
world business centre 2, newall road, hounslow, TW6 2SF
Website
https://thegrovewp.comgrove wp limited Estimated Valuation
Pomanda estimates the enterprise value of GROVE WP LIMITED at £72.5m based on a Turnover of £30.9m and 2.35x industry multiple (adjusted for size and gross margin).
grove wp limited Estimated Valuation
Pomanda estimates the enterprise value of GROVE WP LIMITED at £18.1m based on an EBITDA of £1.9m and a 9.39x industry multiple (adjusted for size and gross margin).
grove wp limited Estimated Valuation
Pomanda estimates the enterprise value of GROVE WP LIMITED at £39.5m based on Net Assets of £18.3m and 2.16x industry multiple (adjusted for liquidity).
Edit your figures and get a professional valuation report.
Grove Wp Limited Overview
Grove Wp Limited is a live company located in hounslow, TW6 2SF with a Companies House number of 08906860. It operates in the hotels and similar accommodation sector, SIC Code 55100. Founded in February 2014, it's largest shareholder is arora hotels limited with a 100% stake. Grove Wp Limited is a established, large sized company, Pomanda has estimated its turnover at £30.9m with unknown growth in recent years.
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Grove Wp Limited Health Check
Pomanda's financial health check has awarded Grove Wp Limited a 3.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 4 areas for improvement. Company Health Check FAQs
5 Strong
2 Regular
4 Weak
Size
annual sales of £30.9m, make it larger than the average company (£5.4m)
£30.9m - Grove Wp Limited
£5.4m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grove Wp Limited
- - Industry AVG
Production
with a gross margin of 91.4%, this company has a lower cost of product (64.6%)
91.4% - Grove Wp Limited
64.6% - Industry AVG
Profitability
an operating margin of -14.2% make it less profitable than the average company (8.4%)
-14.2% - Grove Wp Limited
8.4% - Industry AVG
Employees
with 354 employees, this is above the industry average (88)
354 - Grove Wp Limited
88 - Industry AVG
Pay Structure
on an average salary of £25.4k, the company has an equivalent pay structure (£23.5k)
£25.4k - Grove Wp Limited
£23.5k - Industry AVG
Efficiency
resulting in sales per employee of £87.2k, this is more efficient (£68.8k)
£87.2k - Grove Wp Limited
£68.8k - Industry AVG
Debtor Days
it gets paid by customers after 6 days, this is near the average (6 days)
6 days - Grove Wp Limited
6 days - Industry AVG
Creditor Days
its suppliers are paid after 121 days, this is slower than average (44 days)
121 days - Grove Wp Limited
44 days - Industry AVG
Stock Days
it holds stock equivalent to 40 days, this is more than average (8 days)
40 days - Grove Wp Limited
8 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Grove Wp Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 89.3%, this is a higher level of debt than the average (71.8%)
89.3% - Grove Wp Limited
71.8% - Industry AVG
GROVE WP LIMITED financials
Grove Wp Limited's latest turnover from March 2024 is £30.9 million and the company has net assets of £18.3 million. According to their latest financial statements, Grove Wp Limited has 354 employees and maintains cash reserves of £1.4 million 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 30,852,745 | 28,745,671 | 5,587,397 | 0 | 0 | 0 | 2,182,411 | 6,083,925 | 6,624,291 | 5,836,969 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Cost Of Sales | 2,642,062 | 2,501,580 | 724,483 | 0 | 318,146 | 794,913 | 950,778 | 745,987 | ||
| Gross Profit | 28,210,683 | 26,244,091 | 4,862,914 | 0 | 1,864,265 | 5,289,012 | 5,673,513 | 5,090,982 | ||
| Admin Expenses | 32,579,738 | 27,315,175 | 9,572,936 | 567,811 | 2,336,678 | 5,033,375 | 5,226,446 | 4,556,668 | ||
| Operating Profit | -4,369,055 | -1,071,084 | -4,710,022 | -567,811 | -296,671 | -472,413 | 255,637 | 447,067 | 534,314 | |
| Interest Payable | 5,274,030 | 2,524,430 | 6,347 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 5 | 16 | 0 | 294 | 0 | 158 | 0 |
| Pre-Tax Profit | -9,643,085 | -3,595,514 | -4,716,369 | -567,806 | -296,655 | -153,360 | -472,119 | 255,637 | 447,225 | 534,314 |
| Tax | -610,007 | 4,377 | -18,764 | -1,282 | -525 | -1,664 | 24,462 | 5,621 | 9,222 | -123,068 |
| Profit After Tax | -10,253,092 | -3,591,137 | -4,735,133 | -569,088 | -297,180 | -155,024 | -447,657 | 261,258 | 456,447 | 411,246 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 300,000 |
| Retained Profit | -10,253,092 | -3,591,137 | -4,735,133 | -569,088 | -297,180 | -155,024 | -447,657 | 261,258 | 456,447 | 111,246 |
| Employee Costs | 8,996,104 | 7,402,775 | 4,548,250 | 429,594 | 186,085 | 0 | 755,784 | 2,034,308 | 2,047,848 | 1,758,165 |
| Number Of Employees | 354 | 274 | 161 | 6 | 3 | 35 | 82 | 84 | 87 | |
| EBITDA* | 1,927,877 | 5,197,937 | -4,650,135 | -541,337 | -271,254 | -449,636 | 308,846 | 484,476 | 544,474 |
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 77,974,747 | 88,273,892 | 94,231,418 | 1,273,149 | 1,270,868 | 1,270,868 | 0 | 146,949 | 178,502 | 136,551 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 37,354,975 | 37,354,975 | 37,354,975 | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 115,329,722 | 125,628,867 | 131,586,393 | 1,273,150 | 1,270,869 | 1,270,869 | 0 | 146,949 | 178,502 | 136,551 |
| Stock & work in progress | 289,747 | 300,813 | 279,028 | 0 | 0 | 0 | 0 | 14,961 | 25,231 | 22,002 |
| Trade Debtors | 518,726 | 181,603 | 628,812 | 0 | 0 | 0 | 0 | 246,928 | 215,343 | 340,086 |
| Group Debtors | 51,880,776 | 49,115,334 | 20,321,099 | 12,549 | 3,000 | 612 | 69,568 | 0 | 0 | 126 |
| Misc Debtors | 1,236,223 | 1,699,794 | 486,697 | 77,059 | 19,660 | 25,337 | 140,040 | 110,038 | 38,403 | 87,359 |
| Cash | 1,403,284 | 1,257,846 | 3,022,164 | 98,529 | 34,448 | 1,560 | 213,873 | 990,775 | 1,029,590 | 392,371 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 55,328,756 | 52,555,390 | 24,737,800 | 188,137 | 57,108 | 27,509 | 423,481 | 1,362,702 | 1,308,567 | 841,944 |
| total assets | 170,658,478 | 178,184,257 | 156,324,193 | 1,461,287 | 1,327,977 | 1,298,378 | 423,481 | 1,509,651 | 1,487,069 | 978,495 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 881,976 | 1,484,974 | 712,405 | 59,271 | 13,975 | 25,539 | 19,049 | 143,492 | 133,913 | 145,334 |
| Group/Directors Accounts | 143,498,393 | 139,811,588 | 117,064,408 | 1,859,444 | 1,321,895 | 1,020,062 | 0 | 55,143 | 57,924 | 59,238 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 7,351,984 | 8,377,894 | 6,465,079 | 130,598 | 37,500 | 26,407 | 23,038 | 467,810 | 702,381 | 638,143 |
| total current liabilities | 151,732,353 | 149,674,456 | 124,241,892 | 2,049,313 | 1,373,370 | 1,072,008 | 42,087 | 666,445 | 894,218 | 842,715 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 634,650 | 16,213 | 24,031 | 0 | 0 | 0 | 0 | 14,155 | 25,058 | 24,434 |
| total long term liabilities | 634,650 | 16,213 | 24,031 | 0 | 0 | 0 | 0 | 14,155 | 25,058 | 24,434 |
| total liabilities | 152,367,003 | 149,690,669 | 124,265,923 | 2,049,313 | 1,373,370 | 1,072,008 | 42,087 | 680,600 | 919,276 | 867,149 |
| net assets | 18,291,475 | 28,493,588 | 32,058,270 | -588,026 | -45,393 | 226,370 | 381,394 | 829,051 | 567,793 | 111,346 |
| total shareholders funds | 18,291,475 | 28,493,588 | 32,058,270 | -588,026 | -45,393 | 226,370 | 381,394 | 829,051 | 567,793 | 111,346 |
| Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Operating Profit | -4,369,055 | -1,071,084 | -4,710,022 | -567,811 | -296,671 | -472,413 | 255,637 | 447,067 | 534,314 | |
| Depreciation | 6,296,932 | 6,269,021 | 59,887 | 26,474 | 25,417 | 0 | 22,777 | 53,209 | 37,409 | 10,160 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -610,007 | 4,377 | -18,764 | -1,282 | -525 | -1,664 | 24,462 | 5,621 | 9,222 | -123,068 |
| Stock | -11,066 | 21,785 | 279,028 | 0 | 0 | 0 | -14,961 | -10,270 | 3,229 | 22,002 |
| Debtors | 2,638,994 | 29,560,123 | 21,347,000 | 66,948 | -3,289 | -183,659 | -147,358 | 103,220 | -173,825 | 427,571 |
| Creditors | -602,998 | 772,569 | 653,134 | 45,296 | -11,564 | 6,490 | -124,443 | 9,579 | -11,421 | 145,334 |
| Accruals and Deferred Income | -1,025,910 | 1,912,815 | 6,334,481 | 93,098 | 11,093 | 3,369 | -444,772 | -234,571 | 64,238 | 638,143 |
| Deferred Taxes & Provisions | 618,437 | -7,818 | 24,031 | 0 | 0 | 0 | -14,155 | -10,903 | 624 | 24,434 |
| Cash flow from operations | -2,320,529 | -21,702,028 | -19,283,281 | -471,173 | -268,961 | -846,225 | -14,378 | 717,735 | 779,744 | |
| Investing Activities | ||||||||||
| capital expenditure | ||||||||||
| Change in Investments | 0 | 0 | 37,354,974 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||
| Financing Activities | ||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 3,686,805 | 22,747,180 | 115,204,964 | 537,549 | 301,833 | 1,020,062 | -55,143 | -2,781 | -1,314 | 59,238 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 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 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||
| interest | -5,274,030 | -2,524,430 | -6,347 | 5 | 16 | 0 | 294 | 0 | 158 | 0 |
| cash flow from financing | -1,536,246 | 20,249,205 | 152,580,046 | 564,009 | 327,266 | 1,020,062 | -54,849 | -2,781 | -1,156 | 59,338 |
| cash and cash equivalents | ||||||||||
| cash | 145,438 | -1,764,318 | 2,923,635 | 64,081 | 32,888 | -212,313 | -776,902 | -38,815 | 637,219 | 392,371 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 145,438 | -1,764,318 | 2,923,635 | 64,081 | 32,888 | -212,313 | -776,902 | -38,815 | 637,219 | 392,371 |
grove wp limited Credit Report and Business Information
Grove Wp Limited Competitor Analysis
Perform a competitor analysis for grove wp limited by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other large companies, companies in TW6 area or any other competitors across 12 key performance metrics.
grove wp limited Ownership
GROVE WP LIMITED group structure
Grove Wp Limited has 1 subsidiary company.
Ultimate parent company
ARORA FAMILY TRUST NO 2
#0069646
2 parents
GROVE WP LIMITED
08906860
1 subsidiary
grove wp limited directors
Grove Wp Limited currently has 4 directors. The longest serving directors include Mr Surinder Arora (Feb 2014) and Mr Carlton Brown (Feb 2014).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Surinder Arora | United Kingdom | 66 years | Feb 2014 | - | Director |
| Mr Carlton Brown | United Kingdom | 52 years | Feb 2014 | - | Director |
| Mr Sanjay Arora | United Kingdom | 35 years | Oct 2021 | - | Director |
| Mr Sanjeev Roda | United Kingdom | 55 years | Oct 2021 | - | Director |
P&L
March 2024turnover
30.9m
+7%
operating profit
-4.4m
+308%
gross margin
91.5%
+0.15%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
18.3m
-0.36%
total assets
170.7m
-0.04%
cash
1.4m
+0.12%
net assets
Total assets minus all liabilities
grove wp limited company details
company number
08906860
Type
Private limited with Share Capital
industry
55100 - Hotels and similar accommodation
incorporation date
February 2014
age
11
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
March 2024
previous names
N/A
accountant
-
auditor
MOORE KINGSTON SMITH LLP
address
world business centre 2, newall road, hounslow, TW6 2SF
Bank
-
Legal Advisor
-
grove wp 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 3 charges/mortgages relating to grove wp limited. Currently there are 2 open charges and 1 have been satisfied in the past.
grove wp 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 WP LIMITED. This can take several minutes, an email will notify you when this has completed.
grove wp limited Companies House Filings - See Documents
| date | description | view/download |
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