GROVE WP LIMITED
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Next accounts due
2026-12-31 (in 7mo)
Last filed for 2025-03-31
Confirmation statement due
2027-03-07 (in 10mo)
Last made up 2026-02-21
Watchouts
None on the register
Cash
£402K
-71.4% vs 2024
Net assets
£14M
-24.9% vs 2024
Employees
383
+8.2% vs 2024
Profit before tax
-£4M
+56.7% vs 2024
Net assets
2-year trend · vs Consumer Discretionary median
Accounts
2-year trend · latest reflected 2025-03-31
| Metric | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Turnover | £30,852,745 | £35,076,152 | |
| Operating profit | -£4,369,055 | £1,054,742 | |
| Profit before tax | -£9,643,085 | -£4,172,233 | |
| Net profit | -£10,253,092 | -£4,521,400 | |
| Cash | £1,403,284 | £401,950 | |
| Total assets less current liabilities | £18,926,125 | £14,714,566 | |
| Net assets | £18,291,475 | £13,737,016 | |
| Equity | £18,291,475 | £13,737,016 | |
| Average employees | 354 | 383 | |
| Wages | £8,143,706 | £9,859,030 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2024-03-31 | 2025-03-31 |
|---|---|---|---|
| Operating margin | -14.2% | 3.0% | |
| Net margin | -33.2% | -12.9% | |
| Return on capital employed | -23.1% | 7.2% | |
| Current ratio | 0.36x | 0.41x | |
| Interest cover | -0.83x | 0.20x |
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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- MHA
- 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. 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 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.”
Group structure
- GROVE WP LIMITED · parent
- Grove WP Property Limited 100%
Significant events
- “The company has made qualifying third party indemnity provisions for the benefit of its directors during the year.”
- “On 4 October 2024, the ultimate controlling entity of the company changed to JTC Trustees Limited, a regulated trust company administered in Jersey.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| ARORA, Sanjay | Director | 2021-10-26 | Jul 1989 | British |
| ARORA, Surinder | Director | 2014-02-21 | Sep 1958 | British |
| BROWN, Carlton Jeffrey | Director | 2014-02-21 | Apr 1972 | British |
| BYWATER, David | Director | 2026-01-08 | Aug 1967 | British |
| RODA, Sanjeev Kumar | Director | 2021-10-26 | Jul 1969 | British |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| YIANNIS, Athos George | Secretary | 2014-02-21 | 2022-02-18 |
| MORRIS, Guy Christopher Ronald | Director | 2014-02-21 | 2017-11-30 |
| YIANNIS, Athos George | Director | 2014-02-21 | 2022-02-18 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Arora Hotels Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 52 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-03 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2026-01-08 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-09 | AA | accounts | Accounts with accounts type full | |
| 2025-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-11-04 | CH01 | officers | Change person director company with change date | |
| 2024-10-18 | AA | accounts | Accounts with accounts type full | |
| 2024-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-11-20 | AA | accounts | Accounts with accounts type full | |
| 2023-11-02 | CH01 | officers | Change person director company with change date | |
| 2023-06-05 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-06-05 | PSC05 | persons-with-significant-control | Change to a person with significant control | |
| 2023-02-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-12-05 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-11-16 | AA | accounts | Accounts with accounts type full | |
| 2022-04-04 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2022-04-01 | SH01 | capital | Capital allotment shares | |
| 2022-03-10 | TM02 | officers | Termination secretary company with name termination date | |
| 2022-03-10 | TM01 | officers | Termination director company with name termination date | |
| 2022-02-21 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2021-11-12 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 3
- Capital events
- 0
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2024 → FY2025 · period ending 2025-03-31 vs 2024-03-31
-
Turnover
+13.7%
£30,852,745 £35,076,152
-
Cash
-71.4%
£1,403,284 £401,950
-
Net assets
-24.9%
£18,291,475 £13,737,016
-
Employees
+8.2%
354 383
-
Operating profit
+124.1%
-£4,369,055 £1,054,742
-
Profit before tax
+56.7%
-£9,643,085 -£4,172,233
-
Wages
+21.1%
£8,143,706 £9,859,030
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers