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Grove Homes (Midlands) Ltd

13668529

active
Private Limited Company
england wales
Companies House
1 outstanding charge
Health Score
73 / 100

Some Concerns

25/30
Filing
10/30
Financial
38/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 1 outstanding charge (-2)

Details

GROVE HOUSE GROVE ROAD, HINCKLEY, LE10 2AE
Incorporated 08/10/2021

Compliance

Last accounts

31/10/2024

total exemption full

Next accounts due

31/07/2026

On track

Confirmation statement

Last: 07/10/2025

Due 21/10/2026

On track

Industry

41100
Development of building projects

Officers

Mr Ian Neale

director · Since 08/10/2021

DIRECTOR

BRITISH · ENGLAND · Age 60

Also on 5 other boards

Persons with Significant Control

Mr Ian Neale

Significant control

English · England · Age 60

Unit A Victoria Court, 21-25 Tennant Street, Nuneaton, CV11 4LZ

Notified 08/10/2021

Charges1 outstanding

A registered charge
outstanding

Aldermore Bank PLC

Land on the south side of grove house, grove road, burbage, hinckley, LE10 2AE, registered at the land registry with title number LT536981, and the land demised in the lease dated 11 march 2022 between the chargor and jocelyn ann towlson and christoper john freeman as indicated on the plan attached edged in red which is pending registration under the new title number LT36982.

Created 27/05/2026Registered 29/05/2026

CompanyRankvs 73779+ SIC 41100 peers
24

Financial strength23th percentile among SIC peers · 6/25
Employees14th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.99× · 6/20
Longevity5 years trading (max 15) · 5/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength6/25 pts

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

Employees2/15 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.

Longevity5/15 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

Balance sheet strength

Cash

£635

Cash in the bank

Net Current Assets

-£7k

Working capital

Current Assets

£1.1M

Current Liabilities

£1.1M

Debtors

£8

0avg. employees

Balance Sheet

Assets less current liabilities-£7k
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent Ratio
20240.99
20231.00

Derived from filed accounts. Not audited figures.