Agricar Limited

Agricar Limited, based in By Forfar, UK, is a large, active company established 38 years ago. With 115 employees and a real address, the company operates as a regular importer and exporter of machinery, boilers, and mechanical appliances, parts, boasting a 5.0 Google rating from 17 reviews. It’s managed by six directors and two owners, and runs an e-commerce site.

The company's website highlights its diverse range of services, including machinery sales, aftersales support, finance options, and a focus on PLM (Precision Learning Management) technology. Agricar represents several well-known manufacturers like McConnel, Murray Machinery, Oxbo, Marshall, Kuhn, Jansen, Aerworx, Fleming, Master Driers, New Holland, Polaris, Dalbo, Standen, Ritchie, and offers services like LOLER and PUWER testing, air conditioning servicing, and sprayer testing. It has six depots across Scotland, and prides itself on an award-winning team.

Financially, Agricar Limited presents a mixed picture. Cash reserves have plummeted 220%, falling to -£900,000, a significant drain. Bank overdrafts, however, have increased by 44%, reaching £900,000, suggesting a reliance on short-term borrowing. Creditors have also risen substantially, up 79% to £16 million, while debtors increased by 15% to £3.8 million. Despite these pressures, the company’s revenue from sales grew by 9.1% to £37 million. Accumulated depreciation on motor vehicles has remained constant at £890,000. The company’s net assets, however, decreased by 6.9% to £5.6 million. The company’s auditors are Sumer Auditco Limited.

These figures suggest Agricar is navigating a challenging period, potentially driven by increased costs or delayed payments. The company’s continued focus on high-quality machinery and comprehensive services, however, positions it well to weather these pressures and maintain its strong reputation within the agricultural sector.

Registered in Scotland under the registration number SC100191, with a registered address at DD8 1PF, Scotland, By Forfar, Angus, Milton, Padanaram.

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