Agro Shop Limited

Agro Shop Limited, based in Sheffield, UK, is a small, active company founded four years ago in October 2020. With £352,152 in assets and a real address at 9 Orgreave Close, it’s a solo-founded operation managed by one director and owner, Vytautas Miliauskas. The company holds a stellar 5.0 Google rating from five reviews, reflecting positive customer experiences. It operates in the agents selling agricultural raw materials, livestock, textile raw materials and semi-finished goods industries.

The business primarily imports fertilizers, with 4 months of import activity recorded, the latest in March 2024. It also sporadically exports machinery, boilers, and mechanical appliances, with just one month of export activity as of January 2024. The company's website is currently unavailable, so it’s difficult to gauge its e-commerce presence or specific product offerings.

Financially, Agro Shop Limited presents a mixed picture. Current assets have decreased by 17%, dropping to £350,000, while net assets have plunged 160%, settling at -£81,000. Bank borrowings have surged by a staggering 100%, reaching £48,000, and cash reserves have fallen 88%, leaving just £1,500. Creditors have also decreased by 100%, which is a positive sign, but the significant equity decline is concerning. The company meets two of three criteria for being classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. As a small company, it's exempt from an audit, so the financial statements are unaudited.

The substantial losses and dwindling cash reserves suggest Agro Shop Limited is burning through money, a common challenge for startups. While the positive Google rating indicates customer satisfaction, the company needs to address its financial situation to ensure long-term viability. It’s unclear if the company is struggling to scale or facing unexpected expenses, but the trends point towards a need for careful financial management.

Registered in England/Wales under the registration number 12941039, with a registered address at S13 9NP, England, Sheffield, 9 Orgreave Close.

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