GROVE GLOBAL HOLDINGS LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-05-17
Overdue
Watchouts
Cash
£6M
+12.6% highest in 4 filed years
Net assets
£10M
+5.2% vs 2023
Employees
189
+2.2% highest in 4 filed years
Profit before tax
£3M
+15.4% vs 2023
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
Confirmation statement overdue
Due 2026-05-17.
Net assets
4-year trend · vs Industrials median
Accounts
4-year trend · latest reflected 2024-12-31
| Metric | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Turnover | — | — | £34,018,500 | £37,540,293 | |
| Operating profit | — | — | £2,702,774 | £3,293,098 | |
| Profit before tax | — | — | £2,392,617 | £2,760,404 | |
| Net profit | -£179,848 | £1,052,497 | £1,581,551 | £1,834,986 | |
| Cash | £29,274 | £33,515 | £5,103,825 | £5,745,740 | |
| Total assets less current liabilities | — | — | £13,270,503 | £14,386,285 | |
| Net assets | — | — | £9,967,322 | £10,486,497 | |
| Equity | — | -£126,031 | £9,967,322 | £10,486,497 | |
| Average employees | 6 | 6 | 185 | 189 | |
| Wages | £0 | £0 | £5,571,117 | £6,944,816 | |
| Directors' remuneration | — | — | £317,832 | £601,072 |
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
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
+10.4%
£34,018,500 £37,540,293
-
Cash
+12.6%
£5,103,825 £5,745,740
highest in 4 filed years
-
Net assets
+5.2%
£9,967,322 £10,486,497
-
Employees
+2.2%
185 189
highest in 4 filed years
-
Operating profit
+21.8%
£2,702,774 £3,293,098
-
Profit before tax
+15.4%
£2,392,617 £2,760,404
-
Wages
+24.7%
£5,571,117 £6,944,816
highest in 4 filed years
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Operating margin | — | — | 7.9% | 8.8% | |
| Net margin | — | — | 4.6% | 4.9% | |
| Return on capital employed | — | — | 20.4% | 22.9% | |
| Current ratio | — | — | 1.60x | 1.63x | |
| Interest cover | — | — | 8.10x | 5.82x |
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
- Consolidated group
- Auditor
- Azets Audit Services
- 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 group's and parent 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 GLOBAL HOLDINGS LIMITED · parent
- SMI Int Group Limited 100%
- Rokwear Limited 100%
- Swift Industrial Holding Company Limited 100%
- Swift Industrial Supplies Ltd 100%
- SMI (Scotland) Limited (formally Lion Safety Limited) 100%
- Centre Safe Group Limited 100%
Significant events
- “During the period, the group expanded with the acquisition of Lion Safety Limited (now SMI (Scotland) Limited) which added a footprint in Scotland and brought new customers into the group.”
- “On 12 February 2025, the Company acquired the entire issued share capital of Contego Safety Solutions Limited ("Contego"), a company which is also engaged in the supply of workwear and PPE products.”
- “Subsequent to the year end the entities Swift Industrial Holding Company Limited and Swift Industrial Supplies Ltd were dissolved.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
6 active · 0 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PRISGROVE, Blake Hayden | Director | 2021-05-04 | Jun 1987 | British |
| PRISGROVE, Carlos Darrell | Director | 2021-05-04 | Nov 1985 | British |
| PRISGROVE, Donovan James | Director | 2021-05-04 | Feb 1989 | British |
| PRISGROVE, Elaine Elizabeth | Director | 2021-05-04 | Jul 1963 | British |
| PRISGROVE, Giles | Director | 2021-05-04 | Feb 1991 | British |
| PRISGROVE, Paul Timothy | Director | 2021-05-04 | Jan 1964 | British |
Ownership
Persons with significant control
Filing timeline
Last 20 of 24 total filings
Material constitutional events — rename, articles re-file, resolution
- 2025-09-05 RESOLUTIONS Resolution
- 2025-09-05 RESOLUTIONS Resolution
- 2023-05-30 RESOLUTIONS Resolution
- 2023-05-30 RESOLUTIONS Resolution
- 2023-05-30 MA Memorandum articles
- 2021-07-31 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-06 | AA | accounts | Accounts with accounts type group | |
| 2025-09-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-09-05 | RESOLUTIONS | resolution | Resolution | |
| 2025-05-09 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-12 | AA | accounts | Accounts with accounts type group | |
| 2024-06-06 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-29 | AA | accounts | Accounts with accounts type group | |
| 2023-06-20 | SH02 | capital | Capital alter shares subdivision | |
| 2023-06-01 | SH08 | capital | Capital name of class of shares | |
| 2023-06-01 | SH10 | capital | Capital variation of rights attached to shares | |
| 2023-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-30 | RESOLUTIONS | resolution | Resolution | |
| 2023-05-30 | MA | incorporation | Memorandum articles | |
| 2023-05-17 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-09-28 | AA | accounts | Accounts with accounts type group | |
| 2022-09-12 | AD01 | address | Change registered office address company with date old address new address | |
| 2022-05-27 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-01-20 | AA01 | accounts | Change account reference date company previous shortened | |
| 2021-08-19 | MR01 | mortgage | Mortgage create with deed with charge number charge creation date | |
| 2021-07-31 | RESOLUTIONS | resolution | Resolution |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- 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.