Agritech International Solutions Ltd

Agritech International Solutions Ltd, based in Oswestry, UK, is a small, active company founded fifteen years ago in 2010. With a single employee and £446,927 in assets, it’s a solo-founded operation run by a director and owner. The business operates an e-commerce site and regularly imports organic chemicals, with five months of import activity recorded, the last in August 2022. The company’s activities fall under “other service activities n.e.c.” industries.

While the company’s website is not available, it’s likely focused on online sales related to its import activities. Given the limited information, it's difficult to determine the exact nature of the e-commerce operation, but it likely complements the import business.

Financially, Agritech International Solutions Ltd presents a mixed picture. Current assets have fallen by 3.2% to £450,000, while debtors have increased by 1.3% to £440,000. Equity has also decreased by 1.6% to £380,000. Creditors have decreased by 10% to £68,000, suggesting improved debt management. Bank borrowings have risen significantly, and cash reserves have fallen by 71% to £8,600. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), and the lack of an auditor mentioned likely means the figures are unaudited.

The decrease in cash reserves and the rise in bank borrowings are concerning, suggesting the company may be burning through money. However, the decrease in creditors is a positive sign. The company’s solo founder status and small size mean it can be agile, but it also means it relies heavily on the director’s expertise. It’s possible the company is investing in growth, but the financial data suggests it’s facing some challenges.

Registered in England/Wales under the registration number 07208140, with a registered address at SY10 8EN, England, Oswestry, Shropshire, Greenfields Edgerley, Nr Kinnerley.

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