GROW GROUP LIMITED
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Next accounts due
2026-09-29 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-11-22 (in 6mo)
Last made up 2025-11-08
Watchouts
Cash
£363K
-10.6% vs 2023
Net assets
—
Equity attributable
Employees
11
-38.9% vs 2023
Profit before tax
£114K
+106.9% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
1 PSC ceased in last 24 months
Significant control changed hands — see the Ownership section.
Name history
Renamed 2 times since incorporation
- GROW GROUP LIMITED 2025-09-18 → present
- GROW GROUP PLC 2020-11-06 → 2025-09-18
- GROW BIOTECH P.L.C. 2017-11-09 → 2020-11-06
Profit before tax
2-year trend · vs Health Care median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £10,405,000 | £25,285,000 | |
| Operating profit | -£1,665,000 | £1,040,000 | |
| Profit before tax | -£1,652,000 | £114,000 | |
| Net profit | -£1,652,000 | £238,000 | |
| Cash | £406,000 | £363,000 | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | £2,579,000 | £3,479,000 | |
| Average employees | 18 | 11 | |
| Wages | £2,104,000 | £1,069,000 |
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 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | -16.0% | 4.1% | |
| Net margin | -15.9% | 0.9% | |
| Current ratio | 0.85x | 1.01x | |
| Interest cover | -13.32x | 1.09x |
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
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- TC Group
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Group has prepared the financial statements on the basis that it will continue to operate as a going concern (see note 2.2).”
Group structure
- GROW GROUP LIMITED · parent
- GROW Pharma Ltd 0.51%
- GROW Trading Ltd 1%
- GROW Biotech Ltd 1%
- GROW Group Iberia 1%
- GROW Deutschland GMbH 1%
- GROW Group Ireland 1%
Significant events
- “GROW® experienced continued growth across its core businesses, and continued to successfully expand into Australia.”
- “The Group's revenues increased by 143% from £10.4m in 2023 to £25.3m in 2024.”
- “The net loss before minority interests became a profit in the year, improving from a loss of £1.7m in 2023 to a profit of £0.2m in 2024.”
- “The Group's UK joint-venture, GROW Pharma Ltd, saw revenues increase from £10.3m to £24.8m and achieved gross profits of £6.2m in 2024, up from £2.5m in 2023.”
- “In Germany, GROW® own-brand commission income increased from £136k in 2023 to £439k in 2024, showing strong growth.”
- “Following the Group's entry into the Australian market in December 2023, sales continued throughout 2024 generating sales of £179k.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 4 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| MSP CORPORATE SERVICES LIMITED | Corporate Secretary | 2023-04-01 | — | — |
| ATKINSON, Ian Joseph, Dr | Director | 2018-08-01 | Aug 1966 | Canadian |
| GAINSLEY, Dean Russell | Director | 2020-03-09 | Jul 1979 | British |
| LANGLEY, Benjamin Thomas | Director | 2017-11-09 | Feb 1983 | British |
| MAMATELASHVILI, Archil | Director | 2025-09-08 | Sep 1973 | Georgian |
| PAGE, Nigel Granville | Director | 2021-06-01 | Jan 1961 | British |
Show 4 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| LONDON REGISTRARS LTD. | Corporate Secretary | 2017-11-09 | 2023-04-06 |
| GULIANI, Hari | Director | 2018-11-01 | 2020-02-03 |
| MICHAELIDES, Michael | Director | 2019-10-31 | 2020-09-30 |
| GROW BIOTECH NOMINEES LTD. | Corporate Director | 2017-11-09 | 2019-06-13 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Sarah Jayne Dalton | Individual | Shares 25–50%, Voting 25–50% | 2019-02-01 | Ceased 2025-06-06 |
| Bryan Demosthenous | Individual | Shares 25–50%, Voting 25–50% | 2019-01-23 | Ceased 2019-02-01 |
| Mr Benjamin Thomas Langley | Individual | Shares 25–50%, Voting 25–50% | 2017-11-09 | Active |
Filing timeline
Last 20 of 125 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-18 CERT10 Certificate re registration public limited company to private
- 2025-09-18 RR02 Reregistration public to private company
- 2025-09-18 RESOLUTIONS Resolution
- 2025-08-15 RESOLUTIONS Resolution
- 2024-08-08 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-03-16 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2025-12-03 | CH01 | officers | Change person director company with change date | |
| 2025-11-17 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2025-10-21 | AP01 | officers | Appoint person director company with name date | |
| 2025-09-18 | CERT10 | change-of-name | Certificate re registration public limited company to private | |
| 2025-09-18 | RR02 | change-of-name | Reregistration public to private company | |
| 2025-09-18 | MAR | incorporation | Re registration memorandum articles | |
| 2025-09-18 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-15 | RESOLUTIONS | resolution | Resolution | |
| 2025-08-08 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-08-08 | SH01 | capital | Capital allotment shares | |
| 2025-07-02 | AA | accounts | Accounts with accounts type group | |
| 2025-02-22 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2024-12-31 | SH01 | capital | Capital allotment shares | |
| 2024-11-22 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2024-08-08 | RESOLUTIONS | resolution | Resolution | |
| 2024-07-07 | AA | accounts | Accounts with accounts type group | |
| 2024-05-31 | PSC04 | persons-with-significant-control | Change to a person with significant control | |
| 2024-05-22 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2024-05-22 | PSC01 | persons-with-significant-control | Notification of a person with significant control |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 12
- Capital events
- 2
- 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
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+143%
£10,405,000 £25,285,000
-
Cash
-10.6%
£406,000 £363,000
-
Net assets
—
Not reported
-
Employees
-38.9%
18 11
-
Operating profit
+162.5%
-£1,665,000 £1,040,000
-
Profit before tax
+106.9%
-£1,652,000 £114,000
-
Wages
-49.2%
£2,104,000 £1,069,000
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