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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

1 item

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

Accounts

4-year trend · latest reflected 2024-12-31

Metric Trend 2021-12-312022-12-312023-12-312024-12-31
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 66185189
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

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 2021-12-312022-12-312023-12-312024-12-31
Operating margin 7.9%8.8%
Net margin 4.6%4.9%
Return on capital employed 20.4%22.9%
Current ratio 1.60x1.63x
Interest cover 8.10x5.82x

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

  1. GROVE GLOBAL HOLDINGS LIMITED · parent
    1. SMI Int Group Limited 100% · England · provider of workplace products solutions
    2. Rokwear Limited 100% · England · provider of workplace products solutions
    3. Swift Industrial Holding Company Limited 100% · England · provider of workplace products solutions
    4. Swift Industrial Supplies Ltd 100% · England · provider of workplace products solutions
    5. SMI (Scotland) Limited (formally Lion Safety Limited) 100% · Scotland · provider of workplace products solutions
    6. Centre Safe Group Limited 100% · Scotland · provider of workplace products solutions

Significant events

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

No persons with significant control on record.

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 PDF
2024-10-12 AA accounts Accounts with accounts type group
2024-06-06 CS01 confirmation-statement Confirmation statement with updates PDF
2023-09-29 AA accounts Accounts with accounts type group PDF
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 PDF
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 PDF
2022-05-27 CS01 confirmation-statement Confirmation statement with updates PDF
2022-01-20 AA01 accounts Change account reference date company previous shortened PDF
2021-08-19 MR01 mortgage Mortgage create with deed with charge number charge creation date PDF
2021-07-31 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
4

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.

Official Companies House page