groves xtreme clean ltd
groves xtreme clean ltd Company Information
Company Number
09595047
Registered Address
unit 3 & 4 9 evercreech way, highbridge, somerset, TA9 4AR
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Telephone
01278788522
Next Accounts Due
August 2025
Group Structure
View All
Shareholders
craig john groves 50%
shaun michael groves 50%
groves xtreme clean ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVES XTREME CLEAN LTD at £1.1m based on a Turnover of £1.7m and 0.6x industry multiple (adjusted for size and gross margin).
groves xtreme clean ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVES XTREME CLEAN LTD at £77.6k based on an EBITDA of £32.4k and a 2.4x industry multiple (adjusted for size and gross margin).
groves xtreme clean ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVES XTREME CLEAN LTD at £756.2k based on Net Assets of £353k and 2.14x industry multiple (adjusted for liquidity).
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Groves Xtreme Clean Ltd Overview
Groves Xtreme Clean Ltd is a live company located in somerset, TA9 4AR with a Companies House number of 09595047. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in May 2015, it's largest shareholder is craig john groves with a 50% stake. Groves Xtreme Clean Ltd is a young, small sized company, Pomanda has estimated its turnover at £1.7m with high growth in recent years.
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Groves Xtreme Clean Ltd Health Check
Pomanda's financial health check has awarded Groves Xtreme Clean Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £1.7m, make it smaller than the average company (£10.2m)
- Groves Xtreme Clean Ltd
£10.2m - Industry AVG
Growth
3 year (CAGR) sales growth of 16%, show it is growing at a faster rate (7.5%)
- Groves Xtreme Clean Ltd
7.5% - Industry AVG
Production
with a gross margin of 28.7%, this company has a higher cost of product (47.2%)
- Groves Xtreme Clean Ltd
47.2% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (11.5%)
- Groves Xtreme Clean Ltd
11.5% - Industry AVG
Employees
with 24 employees, this is below the industry average (47)
24 - Groves Xtreme Clean Ltd
47 - Industry AVG
Pay Structure
on an average salary of £45k, the company has an equivalent pay structure (£45k)
- Groves Xtreme Clean Ltd
£45k - Industry AVG
Efficiency
resulting in sales per employee of £72.7k, this is less efficient (£205k)
- Groves Xtreme Clean Ltd
£205k - Industry AVG
Debtor Days
it gets paid by customers after 74 days, this is later than average (60 days)
- Groves Xtreme Clean Ltd
60 days - Industry AVG
Creditor Days
its suppliers are paid after 34 days, this is quicker than average (52 days)
- Groves Xtreme Clean Ltd
52 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Groves Xtreme Clean Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Groves Xtreme Clean Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 25%, this is a lower level of debt than the average (62%)
25% - Groves Xtreme Clean Ltd
62% - Industry AVG
GROVES XTREME CLEAN LTD financials
Groves Xtreme Clean Ltd's latest turnover from November 2023 is estimated at £1.7 million and the company has net assets of £353 thousand. According to their latest financial statements, Groves Xtreme Clean Ltd has 24 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Turnover | ||||||||
| Other Income Or Grants | ||||||||
| Cost Of Sales | ||||||||
| Gross Profit | ||||||||
| Admin Expenses | ||||||||
| Operating Profit | ||||||||
| Interest Payable | ||||||||
| Interest Receivable | ||||||||
| Pre-Tax Profit | ||||||||
| Tax | ||||||||
| Profit After Tax | ||||||||
| Dividends Paid | ||||||||
| Retained Profit | ||||||||
| Employee Costs | ||||||||
| Number Of Employees | 24 | 24 | 18 | 16 | ||||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 112,287 | 137,185 | 87,357 | 28,880 | 9,844 | 13,125 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 112,287 | 137,185 | 87,357 | 28,880 | 9,844 | 13,125 | 0 | 0 |
| Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 358,256 | 284,870 | 164,493 | 206,697 | 64,889 | 36,000 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 0 | 0 | 18,593 | 0 | 0 | 0 | 0 | 0 |
| Cash | 0 | 0 | 64,829 | 0 | 0 | 0 | 0 | 0 |
| misc current assets | 0 | 0 | 925 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 358,256 | 284,870 | 248,840 | 206,697 | 64,889 | 36,000 | 0 | 0 |
| total assets | 470,543 | 422,055 | 336,197 | 235,577 | 74,733 | 49,125 | 0 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 117,501 | 93,279 | 27,080 | 75,338 | 33,827 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 960 | 0 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 0 | 0 | 35,369 | 0 | 0 | 21,806 | 0 | 0 |
| total current liabilities | 117,501 | 93,279 | 63,409 | 75,338 | 33,827 | 21,806 | 0 | 0 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 600 | 600 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 0 | 0 | 0 | 600 | 600 | 0 | 0 | 0 |
| total liabilities | 117,501 | 93,279 | 63,409 | 75,938 | 34,427 | 21,806 | 0 | 0 |
| net assets | 353,042 | 328,776 | 272,788 | 159,639 | 40,306 | 27,319 | 0 | 0 |
| total shareholders funds | 353,042 | 328,776 | 272,788 | 159,639 | 40,306 | 27,319 | 0 | 0 |
| Nov 2023 | Nov 2022 | Nov 2021 | Nov 2020 | Nov 2019 | Nov 2018 | May 2017 | May 2016 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Profit | ||||||||
| Depreciation | 32,128 | 1,875 | ||||||
| Amortisation | 0 | 0 | ||||||
| Tax | ||||||||
| Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 73,386 | 101,784 | -23,611 | 141,808 | 28,889 | 36,000 | 0 | 0 |
| Creditors | 24,222 | 66,199 | -48,258 | 41,511 | 33,827 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | -35,369 | 34,769 | 0 | -21,206 | 21,806 | 0 | 0 |
| Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | ||||||||
| Investing Activities | ||||||||
| capital expenditure | ||||||||
| Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||
| Financing Activities | ||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | -960 | 960 | 0 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||
| interest | ||||||||
| cash flow from financing | ||||||||
| cash and cash equivalents | ||||||||
| cash | 0 | -64,829 | 64,829 | 0 | 0 | 0 | 0 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 0 | -64,829 | 64,829 | 0 | 0 | 0 | 0 | 0 |
groves xtreme clean ltd Credit Report and Business Information
Groves Xtreme Clean Ltd Competitor Analysis
Perform a competitor analysis for groves xtreme clean ltd by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in TA9 area or any other competitors across 12 key performance metrics.
groves xtreme clean ltd Ownership
GROVES XTREME CLEAN LTD group structure
Groves Xtreme Clean Ltd has no subsidiary companies.
Ultimate parent company
GROVES XTREME CLEAN LTD
09595047
groves xtreme clean ltd directors
Groves Xtreme Clean Ltd currently has 2 directors. The longest serving directors include Mr Shaun Groves (Dec 2018) and Mr Craig Groves (Dec 2018).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Shaun Groves | England | 37 years | Dec 2018 | - | Director |
| Mr Craig Groves | England | 39 years | Dec 2018 | - | Director |
P&L
November 2023turnover
1.7m
+16%
operating profit
32.4k
0%
gross margin
28.8%
+2.57%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
November 2023net assets
353k
+0.07%
total assets
470.5k
+0.11%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
groves xtreme clean ltd company details
company number
09595047
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
May 2015
age
9
incorporated
UK
accounts
Micro-Entity Accounts
ultimate parent company
previous names
cs investigation services limited (December 2018)
last accounts submitted
November 2023
address
unit 3 & 4 9 evercreech way, highbridge, somerset, TA9 4AR
accountant
-
auditor
-
groves xtreme clean 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 did not find charges/mortgages relating to groves xtreme clean ltd.
groves xtreme clean ltd Companies House Filings - See Documents
| date | description | view/download |
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