Groves Batteries Limited

Groves Batteries Ltd from Cheltenham, UK, is a small, family-run business with an active status, having been founded nineteen years ago in 2006. Employing five people, the company holds £421,402 in assets and operates from a real address in Cheltenham. With three directors and two owners, Groves Batteries is a tight-knit operation. The business irregularly imports and exports electrical machinery and equipment, with recent activity recorded in January 2025 for imports and June 2024 for exports. They also operate a retail trade of motor vehicle parts and accessories.

The company’s website showcases a diverse range of batteries, including motorbike, car, marine, caravan, lithium, and specialist types like Odyssey and golf trolley batteries. They also provide fitting services, sell Yuasa batteries, and offer chargers and accessories. Notably, Groves Batteries has a dedicated section for lithium batteries, emphasizing their expertise in this growing market. Their website also mentions a long history, established in 1948, and highlights their commitment to quality and customer service.

Financially, Groves Batteries Ltd demonstrates a mixed picture. Current assets have increased by 30% to £420,000, while net assets have risen by 41% to £150,000. Bank borrowings have decreased by 6.3% to £130,000, and cash reserves have increased by 32% to £140,000. Creditors have decreased by 6.9% to £120,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There is no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Groves Batteries Ltd appears to be in a stable position, with growing assets and improved cash reserves. The company’s focus on specialist batteries and fitting services, combined with its long-standing reputation, suggests a sustainable business model. It’s worth noting that the company's directors have elected not to deliver a profit and loss account under Section A of the Companies Act.

Registered in England/Wales under the registration number 05699836, with a registered address at GL50 2UB, Cheltenham, Gloucestershire, Park Mews Works, Lypiatt Street Tivoli.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.