Alamo Group Europe Limited

Alamo Group Europe Limited, based in Evesham, UK, is a sizable holding company with an active status, having operated for 33 years. The company, employing 22 people, boasts assets of £14,988,000 and maintains a real address. Four directors and one owner guide its operations, which have earned it a 3.0 Google rating from just two reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 291 months of import activity and 316 months of export activity recorded.

Alamo Group Europe Limited functions as a key component of Alamo Group Inc., a larger American corporation. Its website showcases a broad range of brands specializing in industrial and vegetation management equipment, including names like Alamo Industrial, Bomford Turner, and Tiger Timberwolf. The company's activities extend beyond equipment sales, encompassing restoration services for pianos and offering solutions for disaster recovery.

Financially, Alamo Group Europe Limited demonstrates a mixed picture. Current assets have decreased by a substantial 42%, falling to £15,000,000, while net assets also declined, dropping 2.9% to £34,000,000. Bank borrowings increased by 27%, reaching £430,000, and cash reserves decreased by 84%, settling at £2,200,000. However, creditors decreased by 32%, suggesting improved management of short-term liabilities. The company meets the criteria to be considered a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The financial statements were audited by Ormerod Rutter Limited.

The company’s substantial decrease in assets and cash reserves, despite a reduction in creditors, raises concerns. While the company’s diverse range of brands and focus on specialized equipment could provide resilience, the financial strain suggests a need for careful management and strategic adjustments.

Registered in England/Wales under the registration number 02649656, with a registered address at WR11 8SW, Evesham, Worcestershire, Alamo Group Europe Limited, Station Road Salford Priors.

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