GROVE & DEAN LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Balfour Sanson

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have, concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors' assessment of the entity's ability to continue to adopt the going concern basis of accounting included: - examination of the company's management accounts post 31 May 2025. - explanations provided by the directors as to the company's future plans and going concern. Based on the work we have performed we have not identified any material uncertainties relating to events or conditions that individually or collectively, may cast significant doubt on the entity'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.”

Group structure

1. GROVE & DEAN LIMITED · parent
   1. Grove & Dean Motorsport Limited 90% · Specialist insurance broking for motorsport

Significant events

• “The directors are pleased to report the appointment of Tracy Darkins as Operations Director on 9th October 2025. This new appointment is made in recognition of Tracy's contribution and value to the business over the past twenty years to the company's management capability. Tracy will strengthen the skills and experience of the overall leadership team.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

3

last 12 months

Capital events

0

last 24 months

Officers appointed

1

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -10.7%

  £15,829,142 → £14,128,272

• Cash

  +3.6%

  £6,757,705 → £6,997,722

• Net assets

  +4.7%

  £3,526,551 → £3,692,516

• Employees

  -14.5%

  138 → 118

• Operating profit

  -66.1%

  £1,560,722 → £529,838

• Profit before tax

  -59.4%

  £1,690,280 → £686,057

• Wages

  -4.1%

  £4,821,776 → £4,626,119

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers