Alan Snow Agricultural Engineers Limited

Alan Snow Agricultural Engineers Limited, based in Bideford, UK, is a sizable family business established fifteen years ago. With 28 employees and £8.7 million in assets, the company generates £14.6 million in annual revenue. It operates from a virtual address, a detail that raises some questions, and is managed by three directors and three owners. The company is an irregular importer of vehicles, parts, and accessories (two months of imports) but a regular exporter (nine months).

The company's website paints a picture of a well-established agricultural machinery dealer. Alan Snow Agricultural Engineers is an authorised dealer for leading brands like Fendt, Valtra, and Kuhn, serving Devon and Cornwall. Starting from humble beginnings with a van, Alan Snow has grown into a significant player, operating from multiple locations including Holsworthy and Tolvaddon. The website details a rich history, showcasing expansions into Massey Ferguson, Kuhn, and Weidemann, alongside a growing portfolio of machinery and services.

Financially, Alan Snow Agricultural Engineers Limited shows a mixed picture. While the company's net assets increased by a healthy 15%, bank borrowings have risen sharply by 400% to £290,000. Creditors have also increased by 20% to £4.9 million, suggesting a reliance on external funding. The company’s turnover has decreased by 19% to £14 million, which could be attributed to a number of factors, including market conditions or changes in trading patterns. The company's assets have decreased by 10% to £8.7 million. The company is a large company as it met two conditions of three: turnover more than £36 million, balance sheet total more than £18 million, employees more than 250. The lack of an auditor mentioned suggests the company is exempt from an audit, meaning the financial statements are unaudited.

Registered in England/Wales under the registration number 07205246, with a registered address at EX39 2AT, Bideford, Devon, 69 High Street.

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