Company Overview
Grovenet Limited is listed at the official companies registry as Active Private Limited Company. The company was incorporated on Wednesday 05 January 2000, so this is a well established company. Grovenet Limited has been in business for 26 years and 2 months. The accounts status is total exemption full and the accounts are next due on Saturday 31 October 2026.
Registered Address

Grove House Coombs Wood Court, Steel Park Road, Halesowen, West Midlands, B62 8BF
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Companies House Data
Company NameGROVENET LIMITED
Company Number03902418
Registered Office AddressGrove House Coombs Wood Court
 Steel Park Road
 B62 8BF
Company CategoryPrivate Limited Company
Company StatusActive
Country of OriginUnited Kingdom
Incorporation Date05/01/2000
Accounting Reference Date Day31
Accounting Reference Date Month1
Accounts Next Due Date31/10/2026
Accounts Last Made Up Date31/01/2025
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date29/10/2016
Returns Last Made Up Date01/10/2015
Directors & Members
Show Resigned
Matthew Cross - Director
(British, 54 years old, born September 1972)
Appointed 06 April 2000
 Active
Ross Hingley - Director
(British, 46 years old, born September 1980)
Appointed 01 January 2011
 Active
Secretaries
Show Resigned
Other Company Directorships
Matthew Cross
GROVENET COMMUNICATIONS LIMITED
OUTREACH SOFTWARE LIMITED
THE WEDDING DRESS OUTLET LIMITED
WEBINABOX LIMITED
Ross Hingley
GROVENET COMMUNICATIONS LIMITED
OUTREACH SOFTWARE LIMITED
Balance Sheet Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Balance Sheet
Fixed Assets 341 341 421
Current Assets 203,141 203,141 214,977
Creditors Due Within One Year 192,627 192,627 214,234
Working Cap 10,514 10,514 743
Total Assets Less Current Liabilities 10,855 10,855 1,164
Long-term Liabilities 0 0 0
Net Assets 10,855 10,855 1,164
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 10,855 10,855 1,164
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Tangible Fixed Assets - - -
Fixed Assets 0.2% 0.2% 0.2%
Stocks Inventory - - -
Debtors 76.9% 76.9% 87.0%
Cash Bank In Hand 23.0% 23.0% 12.8%
Current Assets 99.8% 99.8% 99.8%
Creditors Due Within One Year 94.7% 94.7% 99.5%
Net Current Assets Liabilities 5.2% 5.2% 0.3%
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 5.3% 5.3% 0.5%
Capital Employed - - -
Total Assets Less Current Liabilities 5.3% 5.3% 0.5%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Liquidity Ratio 1.1 1.1 1.0
Solvency Ratio 1.1 1.1 1.0
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 1
Mortgages Outstanding 1
Mortgages Part Satisfied 0
Mortgages Satisfied 0
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jan-2025 31-Jan-2023 31-Jan-2022
Assets 203,482 203,482 215,398
Debt 192,627 192,627 214,234
Net Assets/Debt 10,855 10,855 1,164

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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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 current section of the balance sheet has positive working capital. We would normally consider this positively. Total reserves including retained profitability and movement in reserves appeared positive. We would normally view a company positively for this. The balance sheet presents modest net assets. For the size of the company as inferred by the balance sheet the amount of net assets represents a moderate margin of cover over 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
Change of details for Mr Ross Hingley as a person with significant control on 24 September 2025
Director's details changed for Mr Ross Hingley on 24 September 2025
Confirmation statement made on 1 April 2025 with updates
Confirmation statement made on 1 April 2024 with no updates
Confirmation statement made on 1 April 2023 with no updates
Confirmation statement made on 1 April 2022 with no updates
Change of details for Mr Ross Hingley as a person with significant control on 20 January 2022
Director's details changed for Mr Ross Hingley on 20 January 2022
Director's details changed for Mr Ross Hingley on 12 August 2021
Change of details for Mr Ross Hingley as a person with significant control on 12 August 2021
Change of details for Mr Matthew John Cross as a person with significant control on 18 July 2021
Director's details changed for Mr Matthew John Cross on 18 July 2021
Change of details for Mr Matthew John Cross as a person with significant control on 31 March 2021
Director's details changed for Mr Matthew John Cross on 31 March 2021
Confirmation statement made on 1 April 2021 with updates
Confirmation statement made on 1 October 2020 with no updates
Confirmation statement made on 1 October 2019 with no updates
Confirmation statement made on 1 October 2018 with no updates
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