grove property lettings ltd
grove property lettings ltd Company Information
Company Number
14517793
Next Accounts
Sep 2025
Shareholders
peter william hodgson
david andrew bentley
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
exchange building, 66 church street, hartlepool, TS24 7DN
Website
-grove property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE PROPERTY LETTINGS LTD at £160.7k based on a Turnover of £71.1k and 2.26x industry multiple (adjusted for size and gross margin).
grove property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE PROPERTY LETTINGS LTD at £0 based on an EBITDA of £-6.4k and a 4.54x industry multiple (adjusted for size and gross margin).
grove property lettings ltd Estimated Valuation
Pomanda estimates the enterprise value of GROVE PROPERTY LETTINGS LTD at £0 based on Net Assets of £-6.4k and 1.76x industry multiple (adjusted for liquidity).
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Grove Property Lettings Ltd Overview
Grove Property Lettings Ltd is a live company located in hartlepool, TS24 7DN with a Companies House number of 14517793. It operates in the other letting and operating of own or leased real estate sector, SIC Code 68209. Founded in December 2022, it's largest shareholder is peter william hodgson with a 50% stake. Grove Property Lettings Ltd is a startup, micro sized company, Pomanda has estimated its turnover at £71.1k with unknown growth in recent years.
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Grove Property Lettings Ltd Health Check
Pomanda's financial health check has awarded Grove Property Lettings Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
6 Weak
Size
annual sales of £71.1k, make it smaller than the average company (£1.1m)
- Grove Property Lettings Ltd
£1.1m - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Grove Property Lettings Ltd
- - Industry AVG
Production
with a gross margin of 26.2%, this company has a higher cost of product (70.8%)
- Grove Property Lettings Ltd
70.8% - Industry AVG
Profitability
an operating margin of -9% make it less profitable than the average company (21.3%)
- Grove Property Lettings Ltd
21.3% - Industry AVG
Employees
with 2 employees, this is below the industry average (4)
2 - Grove Property Lettings Ltd
4 - Industry AVG
Pay Structure
on an average salary of £33.1k, the company has an equivalent pay structure (£33.1k)
- Grove Property Lettings Ltd
£33.1k - Industry AVG
Efficiency
resulting in sales per employee of £35.5k, this is less efficient (£203.2k)
- Grove Property Lettings Ltd
£203.2k - Industry AVG
Debtor Days
it gets paid by customers after 16 days, this is earlier than average (33 days)
- Grove Property Lettings Ltd
33 days - Industry AVG
Creditor Days
its suppliers are paid after 494 days, this is slower than average (34 days)
- Grove Property Lettings Ltd
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Grove Property Lettings Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Grove Property Lettings Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 109.7%, this is a higher level of debt than the average (71.3%)
109.7% - Grove Property Lettings Ltd
71.3% - Industry AVG
GROVE PROPERTY LETTINGS LTD financials
Grove Property Lettings Ltd's latest turnover from December 2023 is estimated at £71.1 thousand and the company has net assets of -£6.4 thousand. According to their latest financial statements, Grove Property Lettings Ltd has 2 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 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 | 2 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | |
|---|---|
| Tangible Assets | 62,312 |
| Intangible Assets | 0 |
| Investments & Other | 0 |
| Debtors (Due After 1 year) | 0 |
| Total Fixed Assets | 62,312 |
| Stock & work in progress | 0 |
| Trade Debtors | 3,160 |
| Group Debtors | 0 |
| Misc Debtors | 0 |
| Cash | 0 |
| misc current assets | 0 |
| total current assets | 3,160 |
| total assets | 65,472 |
| Bank overdraft | 0 |
| Bank loan | 0 |
| Trade Creditors | 71,018 |
| Group/Directors Accounts | 0 |
| other short term finances | 0 |
| hp & lease commitments | 0 |
| other current liabilities | 0 |
| total current liabilities | 71,018 |
| loans | 0 |
| hp & lease commitments | 0 |
| Accruals and Deferred Income | 840 |
| other liabilities | 0 |
| provisions | 0 |
| total long term liabilities | 840 |
| total liabilities | 71,858 |
| net assets | -6,386 |
| total shareholders funds | -6,386 |
| Dec 2023 | |
|---|---|
| Operating Activities | |
| Operating Profit | |
| Depreciation | |
| Amortisation | |
| Tax | |
| Stock | 0 |
| Debtors | 3,160 |
| Creditors | 71,018 |
| Accruals and Deferred Income | 840 |
| Deferred Taxes & Provisions | 0 |
| Cash flow from operations | |
| Investing Activities | |
| capital expenditure | |
| Change in Investments | 0 |
| cash flow from investments | |
| Financing Activities | |
| Bank loans | 0 |
| Group/Directors Accounts | 0 |
| Other Short Term Loans | 0 |
| Long term loans | 0 |
| Hire Purchase and Lease Commitments | 0 |
| other long term liabilities | 0 |
| share issue | |
| interest | |
| cash flow from financing | |
| cash and cash equivalents | |
| cash | 0 |
| overdraft | 0 |
| change in cash | 0 |
grove property lettings ltd Credit Report and Business Information
Grove Property Lettings Ltd Competitor Analysis
Perform a competitor analysis for grove property lettings ltd by selecting its closest rivals, whether from the REAL ESTATE ACTIVITIES sector, other micro companies, companies in TS24 area or any other competitors across 12 key performance metrics.
grove property lettings ltd Ownership
GROVE PROPERTY LETTINGS LTD group structure
Grove Property Lettings Ltd has no subsidiary companies.
Ultimate parent company
GROVE PROPERTY LETTINGS LTD
14517793
grove property lettings ltd directors
Grove Property Lettings Ltd currently has 2 directors. The longest serving directors include Mr David Bentley (Dec 2022) and Mr Peter Hodgson (Dec 2022).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr David Bentley | United Kingdom | 43 years | Dec 2022 | - | Director |
| Mr Peter Hodgson | United Kingdom | 42 years | Dec 2022 | - | Director |
P&L
December 2023turnover
71.1k
0%
operating profit
-6.4k
0%
gross margin
26.3%
0%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
-6.4k
0%
total assets
65.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
Similar Companies
grove property lettings ltd company details
company number
14517793
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
December 2022
age
3
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
CENSIS
auditor
-
address
exchange building, 66 church street, hartlepool, TS24 7DN
Bank
-
Legal Advisor
-
grove property lettings 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 2 charges/mortgages relating to grove property lettings ltd. Currently there are 2 open charges and 0 have been satisfied in the past.
grove property lettings 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 GROVE PROPERTY LETTINGS LTD. This can take several minutes, an email will notify you when this has completed.
grove property lettings ltd Companies House Filings - See Documents
| date | description | view/download |
|---|
