Agwood Ltd

Agwood Ltd is a small, holding company based in Chelmsford, UK, with an active trading status. Founded two years ago in May 2022, the company employs 30 people and operates from a real address. It's overseen by four directors and has one owner, Crawfords Group Holdings Ltd. Agwood Ltd regularly imports machinery, boilers, and mechanical appliances—parts, with the most recent import occurring in March 2024. It exports these same items, but less frequently, with the last export recorded in May 2024.

The company operates within the wholesale of agricultural machinery, equipment, and supplies industries. It’s a small business, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s bank borrowings have increased dramatically, jumping to £970,000, while cash reserves have plummeted to a mere £2,900. Net assets have also taken a hit, dropping to £310,000. Despite these challenges, creditors have decreased by 42%, suggesting improved debt management.

Agwood Ltd's website, Crawfords Group, showcases a wide range of agricultural machinery, new and used, from brands like Fendt, Massey Ferguson, and Valtra. It operates across multiple locations in Essex, Kent, West Sussex, and Hampshire, offering sales, servicing, parts, and precision technology solutions. The website highlights a diverse product range, from tractors and telehandlers to mowers and robotic solutions, catering to farmers, vineyard owners, and estate managers. The site also features special offers, including interest-free finance on certain machinery.

The financial data reveals a concerning trend. While the company's assets were £336,142, the net assets are now at £310,000. The increase in bank borrowings and the decrease in cash reserves suggest the company is burning through money, perhaps to support its import and export operations. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. Despite these financial pressures, the company’s diverse product range and multiple locations provide a strong foundation for future growth, though careful management will be crucial to navigate these challenges.

Registered in England/Wales under the registration number 14102505, with a registered address at CM1 3SS, United Kingdom, Chelmsford, Essex, 16 Fox Burrows Lane, Writtle.

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