GROOVE ASSOCIATES LIMITED

🌳Matureactive
00925679 · ltd · incorporated 1968-01-10
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£894.5k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
Confirmed no charges registered
85
Directors & officers
14 officers (5 active, 14 linked, 11 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £894,490
Cash YoY
+193%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£225k
↑ 193% YoY
Net Worth
£894k
~ YoY
Current Assets
£954k
↑ 13% YoY
Current Liabilities
—
£0£191k£382k£573k£763k£954kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£894.5k£893.2k
Current assets£954.2k£841.9k
Cash£225.4k£77.0k
Debtors£287.1k£230.6k
Net assets£894.5k£893.2k

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 persons-with-significant-control
Last 180 days
2
filings
  • • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-05-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-05-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-05-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-05-16
    ➕
    DOBLE, Thomas Rhys appointed
    director
  8. 2025-05-16
    ➕
    HUNTER, Harriet Jennifer appointed
    director
  9. 2025-05-16
    ➖
    DENNIS, Susannah Rosemary resigned
    director
  10. 2024-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-10-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-03-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-03-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2020-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2019-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-06-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2019-06-01
    ➖
    BARFIELD, David Francis resigned
    director
  22. 2018-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2014-01-01
    ➕
    DOBLE, Ian Robert appointed
    director
  24. 2012-10-01
    ➕
    HUNTER, Andrew Clifford appointed
    director
  25. 2012-10-01
    ➕
    DENNIS, Susannah Rosemary appointed
    director
  26. 2004-03-01
    ➕
    DOBLE, Ian Robert appointed
    secretary
  27. 2004-03-01
    ➖
    BRAIN, Judy Virginia resigned
    secretary
  28. 2004-03-01
    ➖
    BRAIN, Judy Virginia resigned
    director
  29. 2002-04-09
    ➕
    BRAIN, Judy Virginia appointed
    secretary
  30. 2002-04-09
    ➖
    MCMANUS, Sylvia Joyce resigned
    secretary
  31. 2002-04-09
    ➕
    BARFIELD, David Francis appointed
    director
  32. 2002-04-09
    ➕
    BRAIN, Judy Virginia appointed
    director
  33. 2002-04-09
    ➖
    MCMANUS, John Grant resigned
    director
  34. 2002-04-09
    ➖
    MCMANUS, Sylvia Joyce resigned
    director
  35. 2002-04-09
    ➖
    ROBINSON, Doreen May resigned
    director
  36. 2002-04-09
    ➖
    ROBINSON, Frederick William resigned
    director
  37. 1968-01-10
    🏢
    Company incorporated
    As GROOVE ASSOCIATES LIMITED

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

23/100
No succession signal

No meaningful acquirability indicators from public data.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — DOBLE, Thomas Rhys (same surname) appointed 2025-05-16. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Charlote Lucy Hunter
Individual · British · DOB 11/1969 · age 57
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · trust interest · firm interest25/09/2016
Mrs Alexandra Ellen Brigham
Individual · British,Australian · DOB 09/1967 · age 59
25–50%
25–50%board control25-50% shares · 25-50% voting · board control · trust interest25/09/2016
1 historic (ceased) PSC
  • Mr Ian Robert Dobleceased 20/01/2025· 25-50% shares · 25-50% voting · board control · significant influence · trust interest · firm interest

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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

7 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
Incorporated1968-01-10
Jurisdictionengland-wales
Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

Charwell House
16 Wilsom Road
Alton
GU34 2PP
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-03
Last: 2025-09-19

Officers (5 active · 9 resigned)

DOBLE, Ian Robert→
secretary · appointed 2004-03-01
View their other companies + combined net worth →
Active
DOBLE, Ian Robert→
director · ~66y · appointed 2014-01-01
View their other companies + combined net worth →
Active
DOBLE, Thomas Rhys→
director · ~33y · appointed 2025-05-16
View their other companies + combined net worth →
Active
HUNTER, Andrew Clifford→
director · ~58y · appointed 2012-10-01
View their other companies + combined net worth →
Active
HUNTER, Harriet Jennifer→
director · ~25y · appointed 2025-05-16
View their other companies + combined net worth →
Active
BRAIN, Judy Virginia→
secretary · appointed 2002-04-09 · resigned 2004-03-01
Resigned
MCMANUS, Sylvia Joyce→
secretary · resigned 2002-04-09
Resigned
BARFIELD, David Francis→
director · ~74y · appointed 2002-04-09 · resigned 2019-06-01
Resigned
BRAIN, Judy Virginia→
director · ~52y · appointed 2002-04-09 · resigned 2004-03-01
Resigned
DENNIS, Susannah Rosemary→
director · ~85y · appointed 2012-10-01 · resigned 2025-05-16
Resigned
MCMANUS, John Grant→
director · ~99y · resigned 2002-04-09
Resigned
MCMANUS, Sylvia Joyce→
director · ~94y · resigned 2002-04-09
Resigned
ROBINSON, Doreen May→
director · ~93y · resigned 2002-04-09
Resigned
ROBINSON, Frederick William→
director · ~96y · resigned 2002-04-09
Resigned

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

Recent filings (115 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-19
appoint-person-director-company-with-name-date
officers · AP01
2025-05-27
appoint-person-director-company-with-name-date
officers · AP01
2025-05-26
termination-director-company-with-name-termination-date
officers · TM01
2025-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-29