Agritrac Exports Limited

Agritrac Exports Ltd from Insch, UK, is a holding company with an active status, established 22 years ago. The company employs just two people and holds assets valued at £7,490,434. It operates from a real address and is overseen by three directors and one owner. A Google rating of 4.0, based on 18 reviews, suggests a positive customer experience. The company regularly imports machinery, boilers, and mechanical appliances; parts, with 47 months of import activity recorded, the latest in January 2025. It also exports vehicles, parts, and accessories (excluding trains or trams), with 82 months of export activity, the most recent in December 2024.

Agritrac Exports Ltd appears to operate in the wholesale of other machinery and equipment industries. While no website is available to examine, the company’s activities suggest a focus on facilitating trade in agricultural or industrial equipment. It's a holding company, and its current assets have decreased by 23% to £7,500,000. Bank borrowings have also decreased by 12%, dropping to £360,000, while cash reserves have plummeted by 38%, down to £69,000. Creditors have decreased by 27%, indicating improved debt management. The company’s net assets have also decreased slightly, dropping 0.8% to £6,400,000.

The financial data reveals a mixed picture. While the company has managed to reduce its debt and improve its creditor management, the significant decrease in cash reserves and net assets is concerning. The company’s losses have deepened considerably, from £330,000 to -£300,000, suggesting increased expenses or decreased revenue. 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 sharp equity drop raises questions. The company’s financial statements are unaudited, relying on director-reported data. The auditor is Azets Audit Services.

Registered in Scotland under the registration number SC241537, with a registered address at AB52 6XF, Insch, Aberdeenshire, South Road.

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