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Grove Asset Management Limited

06846349

active
Private Limited Company
england wales
Companies House
Health Score
69 / 100

Some Concerns

25/30
Filing
10/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

ONWARD CHAMBERS, HYDE, SK14 1AH
Incorporated 13/03/2009

Compliance

Last accounts

31/10/2024

unaudited abridged

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 13/03/2026

Due 27/03/2027

On track

Industry

64910
Financial leasing
64999
Other financial service activities

Officers

Mr Linus Jonathan Berry

director · Since 13/03/2009

DIRECTOR

BRITISH · ENGLAND · Age 50

Also on 3 other boards

Persons with Significant Control

Mr Linus Jonathan Berry

25–50% shares

British · England · Age 50

Onward Chambers, 34 Market Street, Hyde, SK14 1AH

Notified 06/04/2016

Mrs Jacqueline Lynne Berry

25–50% shares

British · England · Age 48

Onward Chambers, 34 Market Street, Hyde, SK14 1AH

Notified 06/04/2016

Charges3 outstanding

Charge
outstanding

NPIF NW DEBT LP ACTING BY NORTH WEST LOANS NPIF GP LIMITED AS THE GENERAL PARTNER OF NPIF NW DE

Created 18/12/2023Registered 22/12/2023
Charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP ACTING BY NW LOANS LIMITED AS THE GENERAL PARTNER OF

Created 15/03/2016Registered 22/03/2016Satisfied 14/07/2021
Charge
satisfied

THE NORTH WEST FUND FOR BUSINESS LOANS LP ACTING BY NW LOANS LIMITED AS THE GENERAL PARTNER OF

Created 11/12/2015Registered 17/12/2015Satisfied 14/07/2021
Charge
outstanding

HITACHI CAPITAL (UK) PLC

Created 04/02/2015Registered 09/02/2015
Charge
outstanding

SIEMENS FINANCIAL SERVICES LIMITED

Created 31/01/2014Registered 06/02/2014

CompanyRankvs 28+ SIC 64910 peers
74

Financial strength85th percentile among SIC peers · 21/25
Employees87th percentile among SIC peers · 13/15
LiquidityCurrent ratio 3.3× · 20/20
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 strength21/25 pts

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

Employees13/15 pts

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

Liquidity20/20 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 31/10/2024

Net Worth

£1.2M

Balance sheet strength

Cash

£140k

Cash in the bank

Net Current Assets

£1.9M

Working capital

Current Assets

£2.7M

Current Liabilities

£830k

Fixed Assets

£1k

Debtors

£2.6M

4avg. employees

Balance Sheet

Bank loans & overdrafts£16k
Assets less current liabilities£1.9M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20243.30+£22k
20233.56+£206k
20223.37+£155k
20213.79

Derived from filed accounts. Not audited figures.