Al Agri Limited

Al Agri Ltd, based in Forfar, UK, is a small, active company founded eight years ago. Employing eight people, the business holds £2,250,244 in assets and operates from a real address. Two directors and two owners manage the company, which functions as an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with recent import activity recorded one month ago.

The company’s website highlights Al Agri as a "go-to resource" for agricultural equipment, maintenance, spares, and repairs. It offers both new and used machinery, alongside servicing and spare parts. The business emphasizes a dedicated team of skilled technicians and experts, catering to the unique needs of farms. The site also showcases trusted brands like Case IH, Pottinger, and Kidd Farm Machinery, emphasizing quality and reliability. Customer testimonials praise the company's service and expertise.

Financially, Al Agri Ltd shows some interesting trends. Accumulated depreciation on motor vehicles increased by 28%, while plant machinery saw a 37% rise. However, cash reserves grew by a substantial 33% to £240,000. Bank borrowings decreased by 17%, suggesting improved debt management. Creditors, however, increased significantly by 32%, and net losses deepened, although the company’s small size (meeting two of three criteria for a small company) helps maintain agility. The company's current assets are at £2,300,000, a 27% increase from last year. With no auditor mentioned, the financial statements are unaudited.

Overall, Al Agri Ltd appears to be a steady, albeit small, operation within the agricultural machinery sector. While the increase in creditors warrants attention, the growth in cash reserves and the focus on customer service suggest a business with potential.

Registered in Scotland under the registration number SC539493, with a registered address at DD8 3TL, Scotland, Forfar, The Workshop, Haughs Of Ballinshoe.

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