Grove Retail Ltd in New Cross, SE14 5BE

Description

Data updated on: 01-11-2023

2015 marks the establishment of Grove Retail Ltd, a firm which is located at Southwark Service Station, 2-4 New Cross Road in New Cross. This means it's been nine years Grove Retail has existed in the business, as it was founded on 2015/07/31. The Companies House Reg No. is 09712430 and its post code is SE14 5BE. The company's registered with SIC code 47110 which means . The company's most recent annual accounts were submitted for the period up to 2022-06-30 and the most recent confirmation statement was filed on 2023-07-30.

Chelvatheebam C. is this specific enterprise's individual managing director, that was appointed in 2015 in July.

Chelvatheebam C. is the individual who controls this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-12-31	2017-06-30	2018-06-30	2019-06-30	2020-06-30	2021-06-30	2022-06-30
Currency
Net Worth	100

Balance Sheet
Cash Bank On Hand	235 295	91 594	211 828	592 407	1 369 253	1 977 113	721 446
Current Assets	1 580 969	907 573	1 555 917	2 453 238	3 708 269	4 816 366	6 418 423
Debtors	491 506	172 210	484 678	706 364	1 358 816	1 666 137	4 039 887
Net Assets Liabilities	242 988	415 459	850 508	1 324 357	2 049 326	3 506 948	5 008 269
Other Debtors		15 015	44 303	81 449	986 159	1 215 900	3 462 331
Property Plant Equipment	414 838	456 563	547 552	3 167 860	3 892 169	5 165 099	5 356 186
Total Inventories	854 168	643 769	859 411	1 154 467	980 200	1 173 116	1 657 090
Net Assets Liabilities Including Pension Asset Liability	100

Capital & Reserves
Shareholder Funds	100

Other Financial Data
Audit Fees Expenses					8 000	9 500	10 275
Accrued Liabilities Deferred Income				3 500	14 159	268 215	246 454
Accumulated Depreciation Impairment Property Plant Equipment	16 865	25 298	78 309	183 966	308 630	470 350	680 037
Additional Provisions Increase From New Provisions Recognised					73 782
Additions Other Than Through Business Combinations Property Plant Equipment		50 158	144 000	2 725 965	848 973	1 454 650	416 597
Administrative Expenses				2 625 786	2 811 851	3 032 258	3 526 162
Amounts Owed By Associates Joint Ventures Participating Interests				100 547	944 859
Amounts Owed By Group Undertakings Participating Interests	263 940	-155 050		100 547
Amounts Owed To Directors				135 211
Amounts Owed To Group Undertakings Participating Interests		155 050	64 749
Applicable Tax Rate				19	19	19	19
Bank Borrowings					198 529	388 529	462 998
Bank Borrowings Overdrafts				198 529	198 529	1 814 190	1 801 102
Bank Overdrafts						998
Carrying Amount Property Plant Equipment With Restricted Title					20 765	16 150	6 922
Cash Cash Equivalents Cash Flow Value				592 407	1 369 253
Comprehensive Income Expense	242 888	172 471		473 849	724 969
Corporation Tax Payable	43 871	79 265	80 705	97 353	250 608	516 112	696 142
Cost Inventories Recognised As Expense Net Write Downs Reversals					174 268	-192 917	-483 973
Cost Sales				31 245 138	32 192 316	33 793 560	42 977 219
Creditors	1 752 819	948 677	1 252 961	1 526 443	1 850 901	3 018 273	3 213 178
Current Tax For Period				97 353	150 708	364 932	323 084
Deferred Tax Expense Credit Relating To Origination Reversal Timing Differences					73 782	-18 767	35 052
Deferred Tax Liabilities					73 782	55 015	90 067
Depreciation Expense Property Plant Equipment				105 657	124 664	156 492	207 483
Depreciation Rate Used For Property Plant Equipment		20	20	20	20
Distribution Costs				108 015	77 995	66 697	100 793
Finance Lease Liabilities Present Value Total				6 295	6 295	6 295	34 360
Finance Lease Payments Owing Minimum Gross				45 650	42 987
Finished Goods Goods For Resale					980 200	1 173 116	1 657 090
Further Item Cash Flow From Used In Operating Activities Component Total Net Cash Flows From Used In Operating Activities					3 622	2 522	1 421
Further Item Interest Expense Component Total Interest Expense					2 547	62	8 397
Further Item Operating Income Component Total Other Operating Income				23 791	24 536
Gain Loss In Cash Flows From Change In Accrued Items				-2 500	10 660
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables				410 237	295 754
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables				-221 686	-652 452
Gain Loss In Cash Flows From Change In Inventories				-295 056	174 267
Gain Loss On Disposals Property Plant Equipment						4 000	-4 321
Government Grant Income					177 017
Gross Profit Loss				3 110 601	3 467 259	4 307 126	5 077 801
Income Expense Recognised Directly In Equity	100
Income Taxes Paid Refund Classified As Operating Activities				80 705	-2 547	-99 900	-143 054
Increase Decrease Due To Transfers Into Or Out Property Plant Equipment							50 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation				380 579	776 846	606 862	-1 254 669
Increase Decrease In Current Tax From Adjustment For Prior Periods						472
Increase Decrease In Deferred Tax Liability From Amount Recognised In Profit Or Loss					73 782	-18 767	35 052
Increase Decrease In Net Debt From Cash Flows					-55 926
Increase From Depreciation Charge For Year Property Plant Equipment		8 433	53 011	105 657	124 664	165 720	216 711
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings				15 804	80 450	67 849	96 976
Interest Expense On Obligations Under Finance Leases Hire Purchase Contracts				1 077	3 622	2 522	1 421
Interest Income On Cash Cash Equivalents				219	223
Interest Paid Classified As Operating Activities				16 884	86 619	67 911	105 373
Interest Payable Similar Charges Finance Costs				16 884	86 619	70 433	106 794
Interest Received Classified As Operating Activities				219	223	1
Issue Equity Instruments	100
Net Cash Flows From Used In Financing Activities				2 619 395	897 937	-35 200	164 400
Net Cash Flows From Used In Investing Activities				-2 725 965	-848 973	-1 434 650	-412 119
Net Cash Flows From Used In Operating Activities				487 149	904 899	2 076 712	-1 006 950
Net Cash Generated From Operations				584 519	988 748	2 247 044	-757 102
Net Current Assets Liabilities	-171 850	-41 104	302 956	926 795	1 857 368	1 798 093	3 205 245
Net Debt Funds				2 517 926	2 462 000
Net Deferred Tax Liability Asset					-73 782
Nominal Value Allotted Share Capital					100	100	100
Number Shares Issued Fully Paid				100	100	100	100
Operating Profit Loss				587 867	1 035 855	1 870 691	1 970 572
Other Creditors	670 979	442 078	435 318	3 129	18 019	41 181	81 965
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment						4 000	7 024
Other Disposals Property Plant Equipment						20 000	15 823
Other Finance Costs				3	2 547
Other Interest Receivable Similar Income Finance Income				219	223	1
Other Operating Income Format1				211 067	458 442	662 520	519 726
Other Remaining Operating Income				77 133	138 036
Other Taxation Social Security Payable	5 507	38 428	68 272	128 992	379 915	432 476	220 859
Par Value Share	1				1	1	1
Payments Finance Lease Liabilities Classified As Financing Activities				-45 650	2 663	3 763	4 864
Prepayments Accrued Income				2 244	3 951	4 792	7 452
Proceeds From Borrowings Classified As Financing Activities				2 638 494	950 000
Proceeds From Government Grants Classified As Financing Activities					177 017
Proceeds From Loans Advances To Group Undertakings Classified As Financing Activities				-64 749
Proceeds From Sales Property Plant Equipment						20 000	4 478
Profit Loss	242 888	172 471		473 849	724 969	1 457 622	1 501 321
Profit Loss On Ordinary Activities Before Tax				571 202	949 459	1 804 259	1 859 457
Property Plant Equipment Gross Cost	431 703	481 861	625 861	3 351 826	4 200 799	5 635 449	6 036 223
Provisions					73 782
Provisions For Liabilities Balance Sheet Subtotal					73 782
Purchase Property Plant Equipment				2 725 965	848 973	1 454 650	416 597
Raw Materials				1 154 467	980 200
Rental Leasing Income				110 143	118 853
Repayments Borrowings Classified As Financing Activities					226 417	31 437	-169 264
Revenue From Sale Goods				34 355 739	35 659 574
Taxation Including Deferred Taxation Balance Sheet Subtotal					73 782	55 015	90 067
Tax Expense Credit Applicable Tax Rate				97 353	150 708	342 809	353 297
Tax Increase Decrease From Effect Capital Allowances Depreciation							-31 737
Tax Increase Decrease From Effect Expenses Not Deductible For Tax Purposes Other Than Goodwill Amortisation Impairment					-29 689	22 123	1 524
Tax Tax Credit On Profit Or Loss On Ordinary Activities				97 353	224 490	346 637	358 136
Total Assets Less Current Liabilities	242 988	415 459	850 508	4 094 655	5 749 537	6 963 192	8 561 431
Total Current Tax Expense Credit					150 708	365 404	323 084
Total Operating Lease Payments					2 094	3 112	1 784
Trade Creditors Trade Payables	1 032 462	388 906	603 917	953 434	983 375	1 364 467	1 470 400
Trade Debtors Trade Receivables	227 566	312 245	440 375	522 124	368 706	445 445	570 104
Turnover Revenue				34 355 739	35 659 574	38 100 686	48 055 020
Called Up Share Capital Not Paid Not Expressed As Current Asset	100
Number Shares Allotted	100
Share Capital Allotted Called Up Paid	100

Company staff

Chelvatheebam C.

Role: Director

Appointed: 31 July 2015

Latest update: 27 February 2024

People with significant control

Chelvatheebam C.

Notified on 6 April 2016

Nature of control:

over 1/2 to 3/4 of shares

over 1/2 to 3/4 of voting rights

Accounts Documents

Account next due date	31 March 2024
Account last made up date	30 June 2022
Confirmation statement next due date	13 August 2024
Confirmation statement last made up date	30 July 2023

Annual Accounts 30 March 2017
Start Date For Period Covered By Report	2015-07-31
End Date For Period Covered By Report	2016-12-31
Date Approval Accounts	30 March 2017
Annual Accounts
Start Date For Period Covered By Report	2017-01-01
End Date For Period Covered By Report	30 June 2017
Annual Accounts
Start Date For Period Covered By Report	2017-07-01
End Date For Period Covered By Report	30 June 2018
Annual Accounts
Start Date For Period Covered By Report	2018-07-01
End Date For Period Covered By Report	30 June 2019
Annual Accounts
Start Date For Period Covered By Report	2019-07-01
End Date For Period Covered By Report	30 June 2020
Annual Accounts
Start Date For Period Covered By Report	2021-07-01
End Date For Period Covered By Report	30 June 2022
Annual Accounts
End Date For Period Covered By Report	30 June 2021

Grove Retail Ltd

General information

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Office Address:

Description

Financial data based on annual reports

Company staff

Chelvatheebam C.

People with significant control

Chelvatheebam C.

Accounts Documents

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