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Grove Securities Limited

00559326

liquidation
Private Limited Company
england wales
Companies House
0 outstanding charges
Insolvency history
Health Score
N/A

Details

115 EASTBOURNE MEWS, LONDON, W2 6LQ
Incorporated 29/12/1955

Compliance

Last accounts

29/09/2022

total exemption full

Next accounts due

29/06/2024

Overdue

Confirmation statement

Last: 18/12/2022

Due 01/01/2024

Overdue

Industry

64999
Other financial service activities

Officers

Mr Stephen Howard Margolis

director · Since 27/12/1990

LAWYER

BRITISH · ENGLAND · Age 76

Also on 183 other boards

Mrs Deborah Michele Lake

secretary · Since 24/03/1993

BRITISH · Age 67

Also on 15 other boards

Persons with Significant Control

Mr Stephen Howard Margolis

Significant control

British · England · Age 76

115, Eastbourne Mews, London, W2 6LQ

Notified 06/04/2016

Grove Holding Co Limited

75–100% shares
75–100% votes

115, Eastbourne Mews, London, W2 6LQ

Reg: 02244052 · Companies House · Private Limited Company

Notified 06/04/2016

Charges0 outstanding

Deed of assignment
fully satisfied

Brown, Shipley & Co Limited

All the rights titles benefits and interest of the company in respect of the property or assets comprised in the agreements. See the mortgage charge document for full details.

All monies due or to become due from the company to the chargee on any account whatsoever

Created 08/11/1993Registered 25/11/1993Satisfied 03/08/2016

Insolvency History1 case

compulsory liquidation24/01/2024

The Official Receiver Or Southend (practitioner)

CompanyRankvs 15+ SIC 64999 peers
22

Financial strengthNo net worth data · 0/25
EmployeesNo employee data · 0/15
LiquidityCurrent ratio 1.12× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Insolvency history -10
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How is this score calculated?
Financial strength0/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees0/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Insolvency history: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

consequences of Covid-19 and other events and conditions. They have determined that they do not create a material uncertainty that casts significant doubt upon the entities ability to continue as a going concern. The directors consider that other debtors totalling £6,729,396 are recoverable. Significant judgements and estimates There are no judgements (apart from those involving estimates) that ha

Key FinancialsYear ending 29/09/2022

Net Worth

£275k

Balance sheet strength

Cash

£10

Cash in the bank

Net Current Assets

£734k

Working capital

Current Assets

£6.7M

Current Liabilities

£6.0M

Debtors

£6.7M

0avg. employees

Balance Sheet

Assets less current liabilities£734k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20221.12+£0
20211.12+£0
20201.12-£462k
20191.12+£27k
201822.70

Derived from filed accounts. Not audited figures.