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GROVES TECHNICAL LIMITED Financials

Company number
05688613Copy
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Registered office
48 De Pary's Avenue, Bedford, Bedfordshire MK40 2TP
Incorporated
26/01/2006

Company snapshot

Status
Active
Employees
3 (2025)
Latest financial data
2025
Accounts type
Micro Entity

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2025.

Net Assets

£36.002025
-87.46%vs 2024

2024: £287.00

Total Assets

£86.70K2025
3.04%vs 2024

2024: £84.15K

Total Liabilities

£86.66K2025
3.35%vs 2024

2024: £83.86K

Employees

32025
0vs 2024

2024: 3

In 2025, GROVES TECHNICAL LIMITED reported net assets of £36.00. The same filing shows total assets of £86.70K and total liabilities of £86.66K. Reported headcount was 3 in 2025. Total Liabilities rose from £83.86K in 2024 to £86.66K in 2025 (3.35%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£36.002025
-87.46%from £287.00 in 2024

Year-on-year change

Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.

3-year financial trend (2023–2025)

How the figures GROVES TECHNICAL LIMITED filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.

Net Assets

£4.14K2023£36.002025
-99.1%vs 2023

-90.7% a year compound (CAGR)

Total Assets

£83.01K2023£86.70K2025
+4.5%vs 2023

+2.2% a year compound (CAGR)

Total Liabilities

£78.87K2023£86.66K2025
+9.9%vs 2023

+4.8% a year compound (CAGR)

Employees

3202332025
0%vs 2023

Biggest increase

Total Liabilities+9.9%

£78.87K in 2023 to £86.66K in 2025

Biggest decrease

Net Assets-99.1%

£4.14K in 2023 to £36.00 in 2025

GROVES TECHNICAL LIMITED's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.

Ratios from the filed figures

Calculated from GROVES TECHNICAL LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
0.04%2025

Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.

Liabilities to total assets
99.96%2025

Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for GROVES TECHNICAL LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator20212022202320242025
Net Assets£18.20K16.36K4.14K287.0036.00
Total Assets£85.26K94.01K83.01K84.15K86.70K
Cash in Bank£–––––
Total Liabilities£67.06K77.65K78.87K83.86K86.66K
Employees33333

GROVES TECHNICAL LIMITED financials: frequently asked questions

Answered from this company's own filed figures.

Has GROVES TECHNICAL LIMITED filed financial statements?

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Yes. Okredo holds filed figures for GROVES TECHNICAL LIMITED covering 2021–2025, across 4 reported indicators. The most recent reported year is 2025.

What net assets did GROVES TECHNICAL LIMITED report in 2025?

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GROVES TECHNICAL LIMITED reported net assets of £36.00 for 2025. That compares with £287.00 in 2024, a change of -87.46%.

What total assets did GROVES TECHNICAL LIMITED report in 2025?

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GROVES TECHNICAL LIMITED reported total assets of £86.70K for 2025. That compares with £84.15K in 2024, a change of 3.04%.

What total liabilities did GROVES TECHNICAL LIMITED report in 2025?

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GROVES TECHNICAL LIMITED reported total liabilities of £86.66K for 2025. That compares with £83.86K in 2024, a change of 3.35%.

How many people does GROVES TECHNICAL LIMITED employ?

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GROVES TECHNICAL LIMITED reported 3 employees in 2025, compared with 3 in 2024.

How have GROVES TECHNICAL LIMITED financials changed over the last 3 years?

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Between 2023 and 2025, GROVES TECHNICAL LIMITED's net assets fell by 99.1%, total assets rose by 4.5%, total liabilities rose by 9.9% and employee numbers was unchanged. Net assets contracted at 90.7% a year across the two years to 2025, from £4.14K to £36.00. Reported headcount went from 3 in 2023 to 3 in 2025.

Which years of GROVES TECHNICAL LIMITED financial data are available?

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Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.