argrove international limited
argrove international limited Company Information
Company Number
09917276
Website
argrove.co.ukRegistered Address
gor-ray house, 758 great cambridge road, enfield, middlesex, EN1 3GN
Industry
Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
Non-specialised wholesale trade
Telephone
02084437037
Next Accounts Due
September 2024
Group Structure
View All
Directors
James Snelgrove6 Years
Shareholders
james snelgrove 51%
damaris bella martin kawilarang 49%
argrove international limited Estimated Valuation
Pomanda estimates the enterprise value of ARGROVE INTERNATIONAL LIMITED at £550.9k based on a Turnover of £428.3k and 1.29x industry multiple (adjusted for size and gross margin).
argrove international limited Estimated Valuation
Pomanda estimates the enterprise value of ARGROVE INTERNATIONAL LIMITED at £0 based on an EBITDA of £-972 and a 4.89x industry multiple (adjusted for size and gross margin).
argrove international limited Estimated Valuation
Pomanda estimates the enterprise value of ARGROVE INTERNATIONAL LIMITED at £7.5k based on Net Assets of £4.3k and 1.75x industry multiple (adjusted for liquidity).
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Argrove International Limited Overview
Argrove International Limited is a live company located in enfield, EN1 3GN with a Companies House number of 09917276. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2015, it's largest shareholder is james snelgrove with a 51% stake. Argrove International Limited is a young, micro sized company, Pomanda has estimated its turnover at £428.3k with high growth in recent years.
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Argrove International Limited Health Check
Pomanda's financial health check has awarded Argrove International Limited 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
2 Regular
7 Weak
Size
annual sales of £428.3k, make it smaller than the average company (£13.9m)
- Argrove International Limited
£13.9m - Industry AVG
Growth
3 year (CAGR) sales growth of 20%, show it is growing at a faster rate (3.4%)
- Argrove International Limited
3.4% - Industry AVG
Production
with a gross margin of 41.3%, this company has a comparable cost of product (41.3%)
- Argrove International Limited
41.3% - Industry AVG
Profitability
an operating margin of -0.2% make it less profitable than the average company (14.7%)
- Argrove International Limited
14.7% - Industry AVG
Employees
with 2 employees, this is below the industry average (27)
2 - Argrove International Limited
27 - Industry AVG
Pay Structure
on an average salary of £48.7k, the company has an equivalent pay structure (£48.7k)
- Argrove International Limited
£48.7k - Industry AVG
Efficiency
resulting in sales per employee of £214.2k, this is less efficient (£393.3k)
- Argrove International Limited
£393.3k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Argrove International Limited
- - Industry AVG
Creditor Days
its suppliers are paid after 1 days, this is quicker than average (33 days)
- Argrove International Limited
33 days - Industry AVG
Stock Days
it holds stock equivalent to 111 days, this is more than average (70 days)
- Argrove International Limited
70 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 87 weeks, this is more cash available to meet short term requirements (13 weeks)
87 weeks - Argrove International Limited
13 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 97.3%, this is a higher level of debt than the average (58.2%)
97.3% - Argrove International Limited
58.2% - Industry AVG
ARGROVE INTERNATIONAL LIMITED financials
Argrove International Limited's latest turnover from December 2022 is estimated at £428.3 thousand and the company has net assets of £4.3 thousand. According to their latest financial statements, Argrove International Limited has 2 employees and maintains cash reserves of £52.8 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 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 | 2 | 2 | 2 | 2 | 2 | ||
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Tangible Assets | 0 | 0 | 374 | 1,027 | 555 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 0 | 0 | 374 | 1,027 | 555 | 0 | 0 |
| Stock & work in progress | 77,017 | 33,349 | 0 | 0 | 0 | 0 | 0 |
| Trade Debtors | 0 | 0 | 0 | 8,862 | 28,261 | 0 | 0 |
| Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Misc Debtors | 28,168 | 19,573 | 4,498 | 2,100 | 900 | 0 | 0 |
| Cash | 52,840 | 69,805 | 17,114 | 34,706 | 48,846 | 100 | 0 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 158,025 | 122,727 | 21,612 | 45,668 | 78,007 | 100 | 0 |
| total assets | 158,025 | 122,727 | 21,986 | 46,695 | 78,562 | 100 | 0 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 865 | 0 | 0 | 7,098 | 320 | 0 | 0 |
| Group/Directors Accounts | 7,058 | 7,058 | 7,058 | 0 | 0 | 0 | 0 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 23,341 | 23,188 | 648 | 14,903 | 57,919 | 0 | 0 |
| total current liabilities | 31,264 | 30,246 | 7,706 | 22,001 | 58,239 | 0 | 0 |
| loans | 42,500 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 80,000 | 35,000 | 12,000 | 0 | 0 | 0 | 0 |
| provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 122,500 | 85,000 | 12,000 | 0 | 0 | 0 | 0 |
| total liabilities | 153,764 | 115,246 | 19,706 | 22,001 | 58,239 | 0 | 0 |
| net assets | 4,261 | 7,481 | 2,280 | 24,694 | 20,323 | 100 | 0 |
| total shareholders funds | 4,261 | 7,481 | 2,280 | 24,694 | 20,323 | 100 | 0 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Operating Profit | |||||||
| Depreciation | 0 | 374 | 653 | 653 | 278 | ||
| Amortisation | 0 | 0 | 0 | 0 | 0 | ||
| Tax | |||||||
| Stock | 43,668 | 33,349 | 0 | 0 | 0 | 0 | 0 |
| Debtors | 8,595 | 15,075 | -6,464 | -18,199 | 29,161 | 0 | 0 |
| Creditors | 865 | 0 | -7,098 | 6,778 | 320 | 0 | 0 |
| Accruals and Deferred Income | 153 | 22,540 | -14,255 | -43,016 | 57,919 | 0 | 0 |
| Deferred Taxes & Provisions | 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 |
| cash flow from investments | |||||||
| Financing Activities | |||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 0 | 0 | 7,058 | 0 | 0 | 0 | 0 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | -7,500 | 50,000 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other long term liabilities | 45,000 | 23,000 | 12,000 | 0 | 0 | 0 | 0 |
| share issue | |||||||
| interest | |||||||
| cash flow from financing | |||||||
| cash and cash equivalents | |||||||
| cash | -16,965 | 52,691 | -17,592 | -14,140 | 48,746 | 100 | 0 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | -16,965 | 52,691 | -17,592 | -14,140 | 48,746 | 100 | 0 |
argrove international limited Credit Report and Business Information
Argrove International Limited Competitor Analysis
Perform a competitor analysis for argrove international limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
argrove international limited Ownership
ARGROVE INTERNATIONAL LIMITED group structure
Argrove International Limited has no subsidiary companies.
Ultimate parent company
ARGROVE INTERNATIONAL LIMITED
09917276
argrove international limited directors
Argrove International Limited currently has 1 director, Mr James Snelgrove serving since Apr 2018.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr James Snelgrove | England | 47 years | Apr 2018 | - | Director |
P&L
December 2022turnover
428.3k
-36%
operating profit
-972.5
0%
gross margin
41.4%
+1.41%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
4.3k
-0.43%
total assets
158k
+0.29%
cash
52.8k
-0.24%
net assets
Total assets minus all liabilities
Similar Companies
argrove international limited company details
company number
09917276
Type
Private limited with Share Capital
industry
46460 - Wholesale of pharmaceutical goods
68209 - Letting and operating of own or leased real estate (other than Housing Association real estate and conference and exhibition services) n.e.c.
46900 - Non-specialised wholesale trade
incorporation date
December 2015
age
9
accounts
Total Exemption Full
ultimate parent company
previous names
argrove construction limited (August 2020)
incorporated
UK
address
gor-ray house, 758 great cambridge road, enfield, middlesex, EN1 3GN
last accounts submitted
December 2022
argrove international 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 did not find charges/mortgages relating to argrove international limited.
argrove international limited Companies House Filings - See Documents
| date | description | view/download |
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