Agm Technologies Limited

Agm Technologies Ltd from Weston-Super-Mare UK is a small, active company founded five years ago. With four employees and £850,932 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports electrical machinery and equipment, with 13 months of import activity recorded, the last operation made on October 01, 2024.

The company’s website, AGM Technologies, requires JavaScript to run, suggesting a modern, potentially web-based operation. It appears to be focused on specialised design activities. There’s no obvious e-commerce presence, indicating a business-to-business model rather than direct sales to consumers.

Financially, Agm Technologies Ltd presents a mixed picture. While current assets have increased significantly by 150% to £850,000, net assets have plummeted 6900% to -£1,100,000. Bank borrowings decreased by 35% to £27,000, and cash reserves have increased by 58% to £260,000. Creditors have increased by 43% to £2,500,000, and trade debtors have decreased by 66% to £28,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the dramatic equity decline suggests a period of significant investment or perhaps a loss-making year. The lack of an auditor mentioned (likely exempt as a small company) means these figures are unaudited.

Overall, Agm Technologies Ltd seems to be navigating a challenging financial landscape, likely reinvesting heavily in its operations. Whether this strategy will pay off in the long run remains to be seen.

Registered in England/Wales under the registration number 12415463, with a registered address at BS23 1QZ, England, Weston-Super-Mare, Regency House, Alexandra Parade.

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