A.E.GROVES LIMITED

🌳Matureactive
00684452 · ltd · incorporated 1961-02-24
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 45.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2026
Net worth
£1.91M
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 62-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 80/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

17 live charges · oldest 45.8y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 45.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
17 charges (17/17 with lender, 17/17 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,908,104
Cash YoY
+92%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£423k
↑ 92% YoY
Net Worth
£1.9m
~ YoY
Current Assets
£424k
↑ 91% YoY
Current Liabilities
—
£0£382k£763k£1.1m£1.5m£1.9mFeb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-282025-02-28
Total assets£1.94M£1.94M
Current assets£424.1k£221.8k
Cash£422.9k£220.6k
Debtors£1.1k£1.2k
Net assets£1.91M£1.90M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (55 events)Click to expand
  1. 2026-06-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-12-10
    🔓
    Charge satisfied #17
  5. 2024-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-10-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-09-17
    ➖
    GROVES, Maureen Frances resigned
    director
  11. 2021-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-05-05
    ➕
    GROVES, Deborah Stacey appointed
    director
  16. 2019-01-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-12-26
    ➖
    GROVES, Gerald Edward James resigned
    director
  18. 2018-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2012-10-19
    🔓
    Charge satisfied #16
  21. 2012-10-19
    🔓
    Charge satisfied #15
  22. 2012-10-19
    🔓
    Charge satisfied #14
  23. 2012-10-19
    🔓
    Charge satisfied #13
  24. 2012-10-19
    🔓
    Charge satisfied #12
  25. 2012-10-19
    🔓
    Charge satisfied #11
  26. 2012-10-19
    🔓
    Charge satisfied #10
  27. 2012-10-19
    🔓
    Charge satisfied #9
  28. 2012-10-19
    🔓
    Charge satisfied #5
  29. 2012-10-19
    🔓
    Charge satisfied #4
  30. 2012-10-19
    🔓
    Charge satisfied #3
  31. 2012-10-19
    🔓
    Charge satisfied #1
  32. 2008-09-25
    ➕
    GROVES, Deborah Stacey appointed
    secretary
  33. 2008-09-25
    ➖
    GROVES, Gerald Edward James resigned
    secretary
  34. 2008-02-01
    🔒
    Charge registered #17
    Lender: National Westminster Bank PLC
  35. 1996-01-29
    ➖
    GROVES, Winifred Muriel resigned
    director
  36. 1988-12-20
    🔒
    Charge registered #16
    Lender: National Westminster Bank PLC
  37. 1988-12-06
    🔓
    Charge satisfied #8
  38. 1988-12-06
    🔓
    Charge satisfied #7
  39. 1988-12-06
    🔓
    Charge satisfied #6
  40. 1988-10-11
    🔒
    Charge registered #15
    Lender: National Westminster Bank PLC
  41. 1988-09-19
    🔒
    Charge registered #14
    Lender: National Westminster Bank PLC
  42. 1986-10-09
    🔒
    Charge registered #13
    Lender: National Westminster Bank PLC
  43. 1986-07-14
    🔒
    Charge registered #12
    Lender: National Westminster Bank PLC
  44. 1984-08-03
    🔒
    Charge registered #11
    Lender: National Westminster Bank PLC
  45. 1982-03-11
    🔒
    Charge registered #10
    Lender: National Westminster Bank PLC
  46. 1982-01-20
    🔒
    Charge registered #9
    Lender: National Westminster Bank PLC
  47. 1981-09-01
    🔒
    Charge registered #8
    Lender: National Westminster Bank PLC
  48. 1981-01-12
    🔒
    Charge registered #7
    Lender: National Westminster Bank PLC
  49. 1980-11-12
    🔒
    Charge registered #6
    Lender: National Westminster Bank PLC
  50. 1980-09-11
    🔒
    Charge registered #5
    Lender: National Westminster Bank PLC
Showing most recent 50 of 55 events

Owner dependency

89/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "GROVES" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

56/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 65 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Rex Adrian Groves
Individual · British · DOB 07/1964 · age 62
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest30/09/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1961-02-24
Jurisdictionengland-wales
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5 Cyprus Road
Hatch Warren
Basingstoke
Hampshire
RG22 4UY
England

Filing status

Accounts
Next due: 2027-12-01
Last made up to: 2026-02-28
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (3 active · 4 resigned)

GROVES, Deborah Stacey→
secretary · appointed 2008-09-25
View their other companies + combined net worth →
Active
GROVES, Deborah Stacey→
director · ~59y · appointed 2019-05-05
View their other companies + combined net worth →
Active
GROVES, Rex Adrian→
director · ~62y
View their other companies + combined net worth →
Active
GROVES, Gerald Edward James→
secretary · resigned 2008-09-25
Resigned
GROVES, Gerald Edward James→
director · ~96y · resigned 2018-12-26
Resigned
GROVES, Maureen Frances→
director · ~95y · resigned 2021-09-17
Resigned
GROVES, Winifred Muriel→
director · ~123y · resigned 1996-01-29
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

17
Total charges
1
Outstanding
1
Active lenders
Status:Lender:17 of 17 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal charge1 property01/02/200810/12/2024
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property20/12/198819/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/10/198819/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property19/09/198819/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property09/10/198619/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property14/07/198619/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property03/08/198419/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/03/198219/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Mortgage debenture1 property20/01/198219/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property01/09/198106/12/1988
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property12/01/198106/12/1988
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property12/11/198006/12/1988
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/09/198019/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/09/198019/10/2012
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/09/198019/10/2012
outstanding
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/09/1980—
satisfied
National Westminster Bank
National Westminster Bank PLC
Legal mortgage1 property11/09/198019/10/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-08
termination-director-company-with-name-termination-date
officers · TM01
2021-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30