grovefield works ltd
grovefield works ltd Company Information
Company Number
13277305
Next Accounts
Dec 2025
Directors
Shareholders
jack edward brabant
krupa dilip sheth
Group Structure
View All
Industry
Event catering activities
Registered Address
onyx house, 12 phoenix business park, birmingham, west midlands, B7 4NU
Website
-grovefield works ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVEFIELD WORKS LTD at £85.9k based on a Turnover of £161.3k and 0.53x industry multiple (adjusted for size and gross margin).
grovefield works ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVEFIELD WORKS LTD at £50.2k based on an EBITDA of £12.8k and a 3.92x industry multiple (adjusted for size and gross margin).
grovefield works ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVEFIELD WORKS LTD at £31.8k based on Net Assets of £10.1k and 3.14x industry multiple (adjusted for liquidity).
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Grovefield Works Ltd Overview
Grovefield Works Ltd is a live company located in birmingham, B7 4NU with a Companies House number of 13277305. It operates in the event catering activities sector, SIC Code 56210. Founded in March 2021, it's largest shareholder is jack edward brabant with a 99% stake. Grovefield Works Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £161.3k with unknown growth in recent years.
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Grovefield Works Ltd Health Check
Pomanda's financial health check has awarded Grovefield Works Ltd a 4 rating. We use a traffic light system to show it exceeds the industry average on 3 measures and has 4 areas for improvement. Company Health Check FAQs
3 Strong
3 Regular
4 Weak
Size
annual sales of £161.3k, make it smaller than the average company (£623k)
- Grovefield Works Ltd
£623k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grovefield Works Ltd
- - Industry AVG
Production
with a gross margin of 42%, this company has a comparable cost of product (42%)
- Grovefield Works Ltd
42% - Industry AVG
Profitability
an operating margin of 7.9% make it more profitable than the average company (6.5%)
- Grovefield Works Ltd
6.5% - Industry AVG
Employees
with 3 employees, this is below the industry average (10)
- Grovefield Works Ltd
10 - Industry AVG
Pay Structure
on an average salary of £19k, the company has an equivalent pay structure (£19k)
- Grovefield Works Ltd
£19k - Industry AVG
Efficiency
resulting in sales per employee of £53.8k, this is equally as efficient (£61.7k)
- Grovefield Works Ltd
£61.7k - Industry AVG
Debtor Days
it gets paid by customers after 40 days, this is later than average (30 days)
- Grovefield Works Ltd
30 days - Industry AVG
Creditor Days
its suppliers are paid after 33 days, this is slower than average (27 days)
- Grovefield Works Ltd
27 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grovefield Works Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 3 weeks, this is less cash available to meet short term requirements (29 weeks)
3 weeks - Grovefield Works Ltd
29 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 45.6%, this is a lower level of debt than the average (81.9%)
45.6% - Grovefield Works Ltd
81.9% - Industry AVG
GROVEFIELD WORKS LTD financials
Grovefield Works Ltd's latest turnover from March 2024 is estimated at £161.3 thousand and the company has net assets of £10.1 thousand. According to their latest financial statements, we estimate that Grovefield Works Ltd has 3 employees and maintains cash reserves of £542 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| 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 | 1 | 1 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Tangible Assets | 229 | ||
| Intangible Assets | |||
| Investments & Other | |||
| Debtors (Due After 1 year) | |||
| Total Fixed Assets | 229 | ||
| Stock & work in progress | |||
| Trade Debtors | 17,873 | 3,442 | |
| Group Debtors | |||
| Misc Debtors | |||
| Cash | 542 | 1,003 | 100 |
| misc current assets | |||
| total current assets | 18,415 | 4,445 | 100 |
| total assets | 18,644 | 4,445 | 100 |
| Bank overdraft | |||
| Bank loan | |||
| Trade Creditors | 8,504 | 3,886 | |
| Group/Directors Accounts | |||
| other short term finances | |||
| hp & lease commitments | |||
| other current liabilities | |||
| total current liabilities | 8,504 | 3,886 | |
| loans | |||
| hp & lease commitments | |||
| Accruals and Deferred Income | |||
| other liabilities | |||
| provisions | |||
| total long term liabilities | |||
| total liabilities | 8,504 | 3,886 | |
| net assets | 10,140 | 559 | 100 |
| total shareholders funds | 10,140 | 559 | 100 |
| Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|
| Operating Activities | |||
| Operating Profit | |||
| Depreciation | 57 | ||
| Amortisation | |||
| Tax | |||
| Stock | |||
| Debtors | 14,431 | 3,442 | |
| Creditors | 4,618 | 3,886 | |
| Accruals and Deferred Income | |||
| Deferred Taxes & Provisions | |||
| Cash flow from operations | |||
| Investing Activities | |||
| capital expenditure | |||
| Change in Investments | |||
| cash flow from investments | |||
| Financing Activities | |||
| Bank loans | |||
| Group/Directors Accounts | |||
| Other Short Term Loans | |||
| Long term loans | |||
| Hire Purchase and Lease Commitments | |||
| other long term liabilities | |||
| share issue | |||
| interest | |||
| cash flow from financing | |||
| cash and cash equivalents | |||
| cash | -461 | 903 | 100 |
| overdraft | |||
| change in cash | -461 | 903 | 100 |
grovefield works ltd Credit Report and Business Information
Grovefield Works Ltd Competitor Analysis
Perform a competitor analysis for grovefield works ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other micro companies, companies in B 7 area or any other competitors across 12 key performance metrics.
grovefield works ltd Ownership
GROVEFIELD WORKS LTD group structure
Grovefield Works Ltd has no subsidiary companies.
Ultimate parent company
GROVEFIELD WORKS LTD
13277305
grovefield works ltd directors
Grovefield Works Ltd currently has 1 director, Mr Jack Brabant serving since Mar 2021.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Jack Brabant | United Kingdom | 42 years | Mar 2021 | - | Director |
P&L
March 2024turnover
161.3k
+324%
operating profit
12.7k
0%
gross margin
42%
-2.56%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
March 2024net assets
10.1k
+17.14%
total assets
18.6k
+3.19%
cash
542
-0.46%
net assets
Total assets minus all liabilities
Similar Companies
grovefield works ltd company details
company number
13277305
Type
Private limited with Share Capital
industry
56210 - Event catering activities
incorporation date
March 2021
age
4
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
March 2024
previous names
N/A
accountant
ONYX ACCOUNTANTS LTD
auditor
-
address
onyx house, 12 phoenix business park, birmingham, west midlands, B7 4NU
Bank
-
Legal Advisor
-
grovefield works 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 grovefield works ltd.
grovefield works ltd 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 GROVEFIELD WORKS LTD. This can take several minutes, an email will notify you when this has completed.
grovefield works ltd Companies House Filings - See Documents
| date | description | view/download |
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