GROVEWELL GARDEN CENTRES 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

• Turnover

  +5%

  £11,233,314 → £11,798,254

• Cash

  -56.3%

  £1,160,806 → £506,868

• Net assets

  +8.5%

  £6,606,273 → £7,168,884

• Employees

  -4.4%

  183 → 175

• Operating profit

  +615.7%

  £132,303 → £946,919

• Profit before tax

  +771.5%

  £104,486 → £910,631

• Wages

  +6.3%

  £3,047,363 → £3,240,730

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

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

Consolidated group

Auditor

Richard Anthony

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“At the time of approving the financial statements, the directors have a reasonable expectation that the group has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. GROVEWELL GARDEN CENTRES LIMITED · parent
   1. Grovewell Canterbury Limited 100% · England & Wales
   2. Grovewell Tenterden Limited 100% · England & Wales
   3. Grovewell Folkestone Limited 100% · England & Wales
   4. Grovewell Hamstreet Limited 100% · England & Wales

Significant events

• “The improvement and expansion of the Hamstreet Garden Centre was a major focus of the 2024-25 financial year. This involved investing £3.2m in the year (and £4m to date) of which we are borrowing £2.4m.”
• “While arranging a loan facility of £2.4m to cover the Hamstreet developments, the company has paid back £120k of its historical the bank loans (associated with purchase of centres) reducing them to £350k by the end of the year.”
• “The development of Hamstreet is well progressed and should be competed in the current year. The selling of the housing plots on the spare land is yet to be completed. Going forward the focus of investment will be on Folkestone.”
• “The Group has invested £4m over the last two years to improve the centres and is looking at investing £250k to complete the current works at Hamstreet and for major improvements at Folkestone over the next few years.”

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

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

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.