Argofield Limited

Argofield Ltd from Maidenhead UK is a small, active company founded 32 years ago, in 1993. Employing 49 people, it holds £1,352,950 in assets and operates from a real address. With five directors and two owners—a family business—it boasts a respectable Google rating of 4.0 based on 20 reviews. The company regularly imports textile products, sets, used clothing, and rags (for 27 months), and exports the same items (for 128 months), with the latest export activity recorded in December 2024.

The company's website, while not providing detailed e-commerce specifics, indicates a focus on wholesale and retail sales via mail order and the internet. It operates in the non-specialised wholesale trade and the retail sale via mail order houses or via internet industries. It’s unclear if they have an online store, but they are certainly involved in the distribution of textile goods.

Financially, Argofield Ltd presents a mixed picture. Current assets have decreased by 26%, dropping to £1,600,000. Net assets have also declined by 20%, falling to £940,000. Bank borrowings have increased, reaching £670, and cash reserves have fallen by 47%, down to £540,000. Creditors have decreased by 35%, suggesting improved debt management. The company meets two of three conditions to be considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees). The decrease in equity is a concern, but the reduction in creditors is a positive sign. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s decline in cash reserves and equity is something to keep an eye on, but the reduction in creditors is encouraging. The family-run nature of the business and its long history suggest resilience, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 02809465, with a registered address at SL6 7BN, Maidenhead, Berkshire, Clan House, Denmark Street.

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