Grove & Co (North West) Limited
Registered name: GROVE & CO (NORTH WEST) LIMITED
Grove & Co (North West) Limited made £800k revenue and £14.4k profit in the year to 29 May 2024.
Grove & Co (North West) Limited’s revenue grew 27% to £800k in the year to 29 May 2024, with £14.4k profit and 4 employees. The company is classified under “retail sale of electrical household appliances in specialised stores” and is based in Manchester; we hold 3 years of its filed accounts.
- Status
- Active
- Location
- Manchester, North West
- Age
- 11 yrs · since 2015
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 30 May 2022 | 30 May 2023 | 29 May 2024 |
|---|---|---|---|
| Disclosure | No P&L | Full P&L | Full P&L |
| Profit & loss | |||
| Revenue (turnover) | — | £630k | £800k |
| Cost of sales | — | £539k | £675k |
| Gross profit | — | £91.3k | £125k |
| Operating profit | — | £15.2k | £17.7k |
| Profit before tax | — | £15.2k | £17.7k |
| Profit after tax | — | £12.8k | £14.4k |
| Profit (best available) | — | £12.8k | £14.4k |
| Employees (average) | 3 | 2 | 4 |
| Ratios | |||
| Profit margin | — | 2% | 1.8% |
| Gross margin | — | 14.5% | 15.6% |
| Revenue per employee | — | £315k | £200k |
| Profit per employee | — | £6.4k | £3.6k |
| Growth (year on year) | |||
| Revenue growth | — | — | ▲26.9% |
| Profit growth | — | — | ▲12.5% |
| Headcount growth | — | ▼33.3% | ▲100% |
| Balance sheet — indirect signals, not revenue | |||
| Cash at bank | — | £6.6k | £7.2k |
| Net assets | £62.7k | £75.5k | £89.9k |
| Fixed assets | £530 | £397 | £298 |
| Current assets | £141k | £146k | £136k |
| Debtors | — | £58k | £64k |
| Source | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Feb 2024 | FullAccounts · bulk data Sep 2025 |
How the business works
- Profit margin
- 1.8%
- Profit ÷ revenue.
- Gross margin
- 15.6%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £200k
- Revenue ÷ average employees.
- Profit per employee
- £3.6k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 0%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 8%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▲19%
- Now £89.9k
- Cash at bank
- ▲9%
- Now £7.2k
- Headcount
- ▲100%
- Now 4
- Deferred income
- —
- Now —
- Fixed assets
- ▼25%
- Now £298
Similar profitable businesses
Sources
Latest figures from FullAccounts for the year to 29 May 2024 (profit £14.4k), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.