Agriargo Uk Limited

Agriargo Uk Ltd from Doncaster UK is a large, active company founded 16 years ago. Employing 21,000 people, it holds assets worth £12.663 million and generates £9 million in revenue annually. The company, with a real address and managed by one director and owner, regularly imports and exports vehicles, parts, and accessories (excluding trains and trams) – 130 months of imports and 24 months of exports recorded.

The company operates in the wholesale of agricultural machinery, equipment, and supplies. It's a large company, meeting two of three criteria: turnover more than £36 million, balance sheet total more than £18 million, and employees more than 250. Agriargo Uk Limited’s website showcases a focus on distribution throughout the UK and Ireland, supplying tractors and service parts via a dealer network. It also has a division dedicated to high-end piano restoration, operating from Cambridge and even featuring a showroom in Harrods.

Looking at the financial data, Agriargo Uk Ltd shows some concerning trends. While the company’s turnover remains strong, there’s been a significant drop in cash reserves, falling by 54% to £280,000. Borrowings have also increased substantially, rising by 2900% to £29,000. Creditors have decreased by 18%, which is a positive sign, suggesting better management of short-term debts. Depreciation impairment property plant equipment has remained steady, however, the company's administration support has decreased by 25%.

The company's audit fees have increased by 12%, and the number of directors accruing benefits under a money purchase scheme has tripled. These changes, combined with the decrease in assets, suggest the company may be burning through cash faster than it’s generating revenue. The lack of an auditor mentioned implies that the financial statements are unaudited. It’s likely that the company is facing challenges maintaining its financial health, although its large workforce and established distribution network could provide a buffer against these pressures.

Registered in England/Wales under the registration number 06757157, with a registered address at DN9 3QS, United Kingdom, Doncaster, Unit 23 Jetstream Drive, Auckley.

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