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Grovetree Limited

05155045

active
Private Limited Company
Companies House
Health Score
74 / 100

Some Concerns

30/30
Filing
10/30
Financial
34/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 3 outstanding charges (-6)

Details

NEW FARM, NOTTINGHAM, NG5 8PB
Incorporated 16/06/2004

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

82990
Other business support service activities

Officers

Mr Andrew Edward Hammond

director · Since 25/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Jonathan William Hammond

director · Since 25/06/2004

DIRECTOR

BRITISH · ENGLAND · Age 55

Also on 9 other boards

Mr Philip Anthony Thompson

secretary · Since 03/12/2017

Persons with Significant Control

Mr Jonathan William Hammond

25–50% shares
25–50% votes

British · United Kingdom · Age 55

New Farm, Nottingham, NG5 8PB

Notified 06/04/2016

Mr Andrew Edward Hammond

25–50% shares
25–50% votes

British · England · Age 52

New Farm, Nottingham, NG5 8PB

Notified 06/04/2016

Former PSCs

Mr Thomas William Hammond

Ceased 27/02/2025

Mr David Hammond

Ceased 27/02/2025

Charges3 outstanding

Charge
outstanding

ALDERMORE BANK PLC

Created 02/07/2018Registered 04/07/2018
charge
outstanding

DAVID HAMMOND

Created 03/09/2004Registered 11/09/2004
charge
outstanding

THOMAS WILLIAM HAMMOND

Created 03/09/2004Registered 11/09/2004

CompanyRankvs 26196+ SIC 82990 peers
51

Financial strength96th percentile among SIC peers · 24/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 0.28× · 2/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

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

Employees15/15 pts

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

Liquidity2/20 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

Outstanding charges: -10 pts

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

Going Concern Doubt

any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and the parent company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 01/03/2025

Net Worth

£1.1M

Balance sheet strength

Cash

£19k

Cash in the bank

Net Current Assets

-£224k

Working capital

Current Assets

£85k

Current Liabilities

£309k

Fixed Assets

£1.4M

Debtors

£67k

Profit After Tax

£311k

92avg. employees-2

Tax at Year End

Corp tax£264

Balance Sheet

Assets less current liabilities£1.2M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.28+£2k
20240.20+£13k
20230.64-£44k
20220.44

Derived from filed accounts. Not audited figures.