GVAV GROUP 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

  +16.6%

  £52,737,759 → £61,483,000

• Cash

  +38.9%

  £8,193,045 → £11,381,994

• Net assets

  +7.2%

  £9,661,384 → £10,361,475

  highest in 3 filed years

• Employees

  +12.8%

  141 → 159

  highest in 3 filed years

• Operating profit

  +5.8%

  £2,742,789 → £2,902,284

• Profit before tax

  +12.5%

  £2,907,443 → £3,269,535

• Wages

  +17.2%

  £7,373,607 → £8,644,071

  highest in 3 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

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

Gravita Audit II Limited

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. GVAV GROUP LIMITED · parent
   1. GVMM Group Limited 100% · UK

Significant events

• “The Group continues to thrive, with record turnover and profits for a 4th successive year.”
• “The Group grew by 16% and maintained a healthy gross margin.”
• “The Group continues to invest in the future and benefited from operational gains made as it completed its revamped branch network during the year, opening state of the art sites in the Midlands and the North West, the Midlands enjoying 30% growth in the year.”
• “The Group's work on the development of a new ERP system has progressed well through test phases, and at the time of these accounts being signed, is weeks away from becoming operational.”

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

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.