Agc (commodity Store) Limited

Agc Commodity Store Ltd from Tonbridge UK: a small company with an active status, founded 38 years ago, employs 17 people, and holds £1,166,834 in assets. It operates from a virtual address, managed by four directors and a single owner, who is also the solo founder. The company irregularly imports and exports coffee, tea, mate, and spices, with import activity spanning two months (last in 2022) and export activity also covering two months (last in May 2024). It operates in the other service activities n.e.c. industries.

The company’s website is currently unavailable, making it difficult to assess its online presence or e-commerce activities. Without a website, it’s likely that the business relies on wholesale channels or direct sales to customers.

Financially, Agc Commodity Store Ltd presents a mixed picture. Current assets remained steady at £1,200,000, while net assets decreased slightly to £1,100,000. Cash bank on hand experienced a significant drop of 15%, falling to £560,000. Trade debtors increased by 11%, reaching £600,000, suggesting potential delays in customer payments. Creditors also decreased by 24%, indicating improved debt management. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company is exempt from audit, and the figures are unaudited.

The significant increase in bank borrowings and decrease in cash reserves, while concerning, could be due to increased inventory purchases or investments in the business. However, the decrease in net assets suggests that the company is not generating substantial profits. It is also possible that the company has incurred unexpected expenses or is facing challenges in managing its cash flow.

Registered in England/Wales under the registration number 02044911, with a registered address at TN11 9QU, United Kingdom, Tonbridge, Kent, First Floor, West Barn, North Frith Farm, Ashes Lane, Hadlow.

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