grove reading ltd
grove reading ltd Company Information
Company Number
14359531
Next Accounts
Jun 2025
Shareholders
tzvi grosskopf
isaac litke
Group Structure
View All
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
14 the promenade, edgware, middlesex, HA8 7JZ
Website
-grove reading ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE READING LTD at £0 based on a Turnover of £0 and 3.47x industry multiple (adjusted for size and gross margin).
grove reading ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE READING LTD at £8.1m based on an EBITDA of £1.2m and a 6.78x industry multiple (adjusted for size and gross margin).
grove reading ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE READING LTD at £1.6m based on Net Assets of £898.3k and 1.75x industry multiple (adjusted for liquidity).
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Grove Reading Ltd Overview
Grove Reading Ltd is a live company located in middlesex, HA8 7JZ with a Companies House number of 14359531. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in September 2022, it's largest shareholder is tzvi grosskopf with a 50% stake. Grove Reading Ltd is a startup, unknown sized company, Pomanda has estimated its turnover at £0 with unknown growth in recent years.
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Grove Reading Ltd Health Check
Pomanda's financial health check has awarded Grove Reading Ltd a 1 rating. We use a traffic light system to show it exceeds the industry average on 1 measures and has 1 areas for improvement. Company Health Check FAQs
1 Strong
0 Regular
1 Weak
Size
There is insufficient data available for this Key Performance Indicator!
- - Grove Reading Ltd
- - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Production
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Profitability
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Employees
There is insufficient data available for this Key Performance Indicator!
- - Grove Reading Ltd
- - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Efficiency
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grove Reading Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (12 weeks)
- - Grove Reading Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 35.4%, this is a lower level of debt than the average (67.9%)
- - Grove Reading Ltd
- - Industry AVG
GROVE READING LTD financials
Grove Reading Ltd's latest turnover from September 2023 is estimated at 0 and the company has net assets of £898.3 thousand. According to their latest financial statements, we estimate that Grove Reading Ltd has no employees and maintains cash reserves of £62 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Sep 2023 | |
|---|---|
| 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 | |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Sep 2023 | |
|---|---|
| Tangible Assets | 50,000 |
| Intangible Assets | |
| Investments & Other | 950,058 |
| Debtors (Due After 1 year) | |
| Total Fixed Assets | 1,000,058 |
| Stock & work in progress | |
| Trade Debtors | |
| Group Debtors | 390,447 |
| Misc Debtors | |
| Cash | 62 |
| misc current assets | |
| total current assets | 390,509 |
| total assets | 1,390,567 |
| Bank overdraft | |
| Bank loan | |
| Trade Creditors | |
| Group/Directors Accounts | 73,750 |
| other short term finances | |
| hp & lease commitments | |
| other current liabilities | 418,481 |
| total current liabilities | 492,231 |
| loans | |
| hp & lease commitments | |
| Accruals and Deferred Income | |
| other liabilities | |
| provisions | |
| total long term liabilities | |
| total liabilities | 492,231 |
| net assets | 898,336 |
| total shareholders funds | 898,336 |
| Sep 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | |
| Debtors | 390,447 |
| Creditors | |
| Accruals and Deferred Income | 418,481 |
| Deferred Taxes & Provisions | |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 950,058 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | |
| Group/Directors Accounts | 73,750 |
| 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 | 62 |
| overdraft | |
| change in cash | 62 |
grove reading ltd Credit Report and Business Information
Grove Reading Ltd Competitor Analysis
Perform a competitor analysis for grove reading ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other startup companies, companies in HA8 area or any other competitors across 12 key performance metrics.
grove reading ltd Ownership
GROVE READING LTD group structure
Grove Reading Ltd has 3 subsidiary companies.
Ultimate parent company
GROVE READING LTD
14359531
3 subsidiaries
grove reading ltd directors
Grove Reading Ltd currently has 2 directors. The longest serving directors include Mr Isaac Litke (Sep 2022) and Mr Tzvi Grosskopf (Sep 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Isaac Litke | United Kingdom | 36 years | Sep 2022 | - | Director |
| Mr Tzvi Grosskopf | United Kingdom | 39 years | Sep 2022 | - | Director |
P&L
September 2023turnover
0
0%
operating profit
1.2m
0%
gross margin
0%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
898.3k
0%
total assets
1.4m
0%
cash
62
0%
net assets
Total assets minus all liabilities
Similar Companies
grove reading ltd company details
company number
14359531
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
September 2022
age
3
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
September 2023
previous names
N/A
accountant
ALBECK LIMITED
auditor
-
address
14 the promenade, edgware, middlesex, HA8 7JZ
Bank
LLOYDS TSB BANK PLC
Legal Advisor
-
grove reading 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 found 4 charges/mortgages relating to grove reading ltd. Currently there are 2 open charges and 2 have been satisfied in the past.
grove reading 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.
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grove reading ltd Companies House Filings - See Documents
| date | description | view/download |
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