Agrimek Ltd

Agrimek Ltd, based in Pontardawe, UK, is a small, active company established 21 years ago. Employing 22 people and holding £1,371,767 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer of vehicles, parts, and accessories (not for trains or trams), with just one month of import activity recorded, and a regular exporter, with three months of export activity. It's a limited company, VAT registered, and operates from Alloy Industrial Estate.

Agrimek’s website highlights its role as a manufacturer, importer, and distributor of quality sports utility ATV parts and accessories, both in the UK and worldwide. It emphasizes manufacturing with passion and strength, catering to customers through dealers and online parts stores. The website also mentions a connection to 1066 Pianos, a high-end piano restoration business, although the extent of their relationship isn’s clear.

Financially, Agrimek Ltd presents a mixed picture. While current assets increased by 19% to £1,400,000, net losses deepened to -£160,000. Bank borrowings increased by 63% to £200,000, and cash reserves remained steady at £11,000. Trade debtors ballooned by 440%, suggesting delayed customer payments or expanded credit terms, and creditors decreased by 9.9% to £570,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the significant loss raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s employee numbers have also decreased by 32%, dropping from 22 to 15. This could be due to restructuring or a shift towards automation. Overall, Agrimek Ltd appears to be navigating a challenging period, relying on its established export business and ATV parts expertise to sustain its operations.

Registered in England/Wales under the registration number 04835602, with a registered address at SA8 4EZ, Wales, Pontardawe, Swansea, Unit 3, Gilbertson Court, Alloy Industrial Estate.

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