Groves Of Thame Limited

Groves Of Thame Ltd from Thame UK is a large, holding company with an active status. Established 50 years ago in 1975, the company employs 121 people and holds assets valued at £24,272,400. Yearly revenue stands at £28,236,437, indicating a substantial operation. The company has a real address and is overseen by five directors and one owner. A strong Google rating of 5.0, based on 30 reviews, suggests positive customer perception. Groves Of Thame Ltd regularly imports miscellaneous manufactured goods (718 months) and exports iron or steel products (109 months), demonstrating a diverse international trade profile.

The company appears to operate as a wholesale distributor, specializing in household goods. Its website showcases a broad range of products, from kitchenware to bedding, targeting retailers and businesses. While the site doesn’s offer direct-to-consumer sales, it does highlight a network of suppliers and a commitment to competitive pricing. The website's design is clean and professional, suggesting a focus on business-to-business transactions.

Financially, Groves Of Thame Ltd presents a mixed picture. While cash reserves increased by a significant 28%, reaching £11 million, net assets only grew by 13%, settling at £22 million. A notable decrease in administrative expenses—down 10%—is a positive sign, but a 12% drop in the average number of employees to 110 suggests potential restructuring or automation efforts. Trade debtors decreased by 8%, indicating improved collection practices, however, bank borrowings increased by 2,400%, reaching £29,000. The company’s large size (meeting two of three criteria for a large company) suggests a robust business model, but the fluctuating financials warrant careful monitoring. The company’s accounts were audited by Wellers, adding a layer of credibility to the reported figures.

Overall, Groves Of Thame Ltd appears to be a stable, well-established company navigating a competitive market. While the financial data reveals some volatility, the company’s strong reputation, diverse product range, and experienced management team position it for continued success.

Registered in England/Wales under the registration number 01204782, with a registered address at OX9 3FU, England, Thame, Oxfordshire, Groves,, Eastern Bypass.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.