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Valgrove Limited

01802033

active
Private Limited Company
england wales
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

UNIT 6 WITHY ROAD, BILSTON, WV14 0RX
Incorporated 21/03/1984

Compliance

Last accounts

31/05/2025

total exemption full

Next accounts due

28/02/2027

On track

Confirmation statement

Last: 05/11/2025

Due 19/11/2026

On track

Industry

19201
Mineral oil refining

Officers

Mr Barry Hearsey

director · Since 14/11/1991

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 75

Also on 4 other boards

Mrs Catherine Ivy Hearsey

secretary · Since 24/03/2011

Also on 1 other board

Mrs Catherine Ivy Hearsey

director · Since 03/11/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 65

Also on 1 other board

Mr Gary O'Gara

director · Since 07/11/2023

DIRECTOR

BRITISH · UNITED KINGDOM · Age 52

Persons with Significant Control

Mr Barry Hearsey

50–75% shares
50–75% votes

British · United Kingdom · Age 75

Unit 6, Withy Road, Bilston, WV14 0RX

Notified 30/06/2016

Mrs Catherine Ivy Hearsey

25–50% shares
25–50% votes

British · United Kingdom · Age 65

Unit 6, Withy Road, Bilston, WV14 0RX

Notified 30/06/2016

Charges3 outstanding

Charge
outstanding

HSBC UK BANK PLC

Created 07/05/2024Registered 13/05/2024
charge
satisfied

HSBC BANK PLC

Created 15/06/2009Registered 18/06/2009Satisfied 06/05/2026
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/03/2009Registered 26/03/2009
charge
outstanding

HSBC INVOICE FINANCE (UK) LTD ("THE SECURITY HOLDER")

Created 24/03/2009Registered 26/03/2009
charge
satisfied

MIDLAND BANK PLC

Created 22/05/1998Registered 30/05/1998Satisfied 26/03/2014
charge
satisfied

MIDLAND BANK PLC

Created 22/05/1998Registered 30/05/1998Satisfied 26/03/2014
charge
satisfied

MIDLAND BANK PLC

Created 02/10/1997Registered 07/10/1997Satisfied 26/03/2014
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/02/1995Registered 21/02/1995Satisfied 07/02/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 09/02/1995Registered 21/02/1995Satisfied 07/02/2009
charge
satisfied

NATIONAL WESTMINSTER BANK PLC

Created 03/02/1995Registered 09/02/1995Satisfied 07/02/2009
charge
satisfied

THE CO-OPERATIVE BANK PLC

Created 13/06/1991Registered 22/06/1991Satisfied 03/02/1996
charge
satisfied

CO-OPERATIVE BANK PUBLIC LIMITED COMPANY

Created 06/09/1990Registered 24/09/1990Satisfied 03/02/1996
charge
satisfied

CO-OPERATIVE BANK PUBLIC LIMITED COMPANY

Created 04/04/1990Registered 11/04/1990Satisfied 03/02/1996
charge
satisfied

BARCLAYS BANK PLC

Created 26/11/1984Registered 03/12/1984
charge
satisfied

BARCLAYS BANK PLC

Created 24/09/1984Registered 01/10/1984
charge
satisfied

BARCLAYS BANK PLC

Created 27/07/1984Registered 03/08/1984

CompanyRankvs 15+ SIC 19201 peers
63

Financial strength92th percentile among SIC peers · 23/25
Employees95th percentile among SIC peers · 14/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength23/25 pts

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

Employees14/15 pts

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

Liquidity6/20 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

Outstanding charges: -10 pts

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

Key FinancialsYear ending 31/05/2025

Net Worth

£570k

Balance sheet strength

Cash

£303k

Cash in the bank

Net Current Assets

-£92k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.2M

Fixed Assets

£918k

Debtors

£764k

29avg. employees-2

Balance Sheet

Intangible assets£46k
Bank loans & overdrafts£13k
Assets less current liabilities£825k
Signed by 01802033 2024-06-01 2025-05-31 01802033 2025-05-31 01802033 core:RetainedEarningsAccumulatedLosses 2025-05-31 01802033 cPrepared with Digita Accounts Production Advanced

EstimatesDerived

YearCurrent RatioImplied Profit
20250.92+£295k
20240.79-£150k
20230.87-£120k
20221.14+£298k
20211.38+£114k
20200.98+£101k
20190.92-£47k
20181.07

Derived from filed accounts. Not audited figures.