Agritel Limited

Agritel Ltd from Wrexham, UK, is a small, active company founded 28 years ago. With eight employees and £425,282 in assets, it’s a family business with a solo founder, operating from a real address. Two directors and two owners manage the business, which has a 5.0 Google rating based on 130 reviews. The company runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts, with 11 months of import activity recorded.

Agritel Ltd functions as agents involved in the sale of a variety of goods, and its website suggests a focus on agricultural supplies. While the company's specific online presence is minimal, its import activities indicate a core business of sourcing equipment for the agricultural sector. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s financial data presents a mixed picture. Current assets decreased by 16% to £430,000, while net assets increased by 15% to £260,000. Bank borrowings increased significantly by 66% to £47,000, and cash reserves grew by 14% to £64,000. Creditors decreased by 2.1% to £270,000, suggesting improved debt management. The company’s small size allows for flexibility, but the fluctuations in bank borrowings warrant attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

Overall, Agritel Ltd appears to be a stable, albeit small, business. Its focus on importing agricultural machinery and its positive online reviews suggest a solid foundation. However, the company should monitor its bank borrowings and ensure its financial health remains strong as it continues to operate in a competitive market.

Registered in England/Wales under the registration number 03264132, with a registered address at LL14 5DG, Wales, Wrexham, June House Gledrid, Chirk.

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