Company Overview
Arrove Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Tuesday 05 April 1977, so this is a well established company. Arrove Limited has been in business for 48 years and 11 months. The accounts status is total exemption full and the accounts are next due on Wednesday 30 September 2026.
Registered Address

10 Stadium Business Court, Millennium Way, Pride Park, Derby, DE24 8HP
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Companies House Data
Company NameARROVE LIMITED
Company Number01307040
Registered Office Address10 Stadium Business Court, Millennium Way
 Pride Park
 DE24 8HP
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/04/1977
Accounting Reference Date Day31
Accounting Reference Date Month12
Accounts Next Due Date30/09/2026
Accounts Last Made Up Date31/12/2024
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date25/04/2017
Returns Last Made Up Date28/03/2016
Directors & Members
Show Resigned
Lance Read - Director
(British, 71 years old, born January 1955)
Secretaries
Show Resigned
Other Company Directorships
Lance Read
ARROVE HOLDINGS LIMITED
KR3 PROPERTIES LIMITED
LAPEL (STAFFORD) LIMITED
LAPEL (TAMWORTH) LIMITED
TT SPORTS AND PRESTIGE LIMITED
W. READ & SON LIMITED
WORLDWIDE 4X4 LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Balance Sheet
Fixed Assets 204,349 204,349 923,775
Current Assets 513,245 513,245 548,817
Creditors Due Within One Year 2,337 2,337 15,676
Working Cap 510,908 510,908 533,141
Total Assets Less Current Liabilities 715,257 715,257 1,456,916
Long-term Liabilities 88 88 88
Net Assets 715,169 715,169 1,456,828
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 715,169 715,169 1,456,828
Common Size Financial Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Tangible Fixed Assets - - -
Fixed Assets 28.5% 28.5% 62.7%
Stocks Inventory - - -
Debtors 70.7% 70.7% 35.2%
Cash Bank In Hand 0.8% 0.8% 2.1%
Current Assets 71.5% 71.5% 37.3%
Creditors Due Within One Year 0.3% 0.3% 1.1%
Net Current Assets Liabilities 71.2% 71.2% 36.2%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 99.7% 99.7% 98.9%
Capital Employed - - -
Total Assets Less Current Liabilities 99.7% 99.7% 98.9%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Liquidity Ratio 219.6 219.6 35.0
Solvency Ratio 295.9 295.9 93.4
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 7
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 6
Assets and Debt Analysis Unlock full report
Accounts Date 31-Dec-2024 31-Dec-2022 31-Dec-2021
Assets 717,594 717,594 1,472,592
Debt 2,425 2,425 15,764
Net Assets/Debt 715,169 715,169 1,456,828

The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.

The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

Unlock full report  The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.   The following is based on the accounts data presented in this report sourced from Companies House, however the company has filed later accounts. Our analysis of the latest account can be viewed by unlocking our full report.The company balance sheet displays a comfortable surplus of working capital. We would normally view this positively. Total reserves including retained profitability and movement in reserves has some deficiency. For the size of the company inferred by the balance sheet the level of net assets suggests a comfortable level of cover for total debts and obligations.

This review of public record balance sheet and company status information is presented under the terms of Open Government Licence and is for informational purposes only, is general in nature, and is not intended as an opinion or advice for any specific circumstances. The commentary and the colour band score is not a credit rating or credit risk assessment.

This review does not constitute a full credit rating or credit risk assessment based on the full analysis and credit score algorithms used in our credit reports. A full credit report may also provide information relating to trade payment history and county court or court judgments if any.

Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due		 Paid After
30 days due		 Owing Before
30 days due		 Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.
Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Confirmation statement made on 27 February 2026 with no updates
Confirmation statement made on 27 February 2025 with no updates
Director's details changed for Mr Lance Read on 7 January 2025
Confirmation statement made on 27 February 2024 with no updates
Confirmation statement made on 27 February 2023 with updates
Resolutions
Statement of Company's objects
Memorandum and Articles of Association
Notification of Arrove Holdings Limited as a person with significant control on 30 March 2022
Cessation of Kr3 Properties Limited as a person with significant control on 30 March 2022
Confirmation statement made on 14 March 2022 with no updates
Notification of Kr3 Properties Limited as a person with significant control on 15 February 2022
Cessation of Lance Read as a person with significant control on 15 February 2022
Satisfaction of charge 5 in full
Satisfaction of charge 6 in full
Satisfaction of charge 1 in full
Satisfaction of charge 7 in full
Satisfaction of charge 4 in full
Satisfaction of charge 2 in full
Change of details for Mr Lance Read as a person with significant control on 6 April 2016
All of the property or undertaking has been released from charge 4
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