Blankney Estates Limited

Blankney Estates Ltd, hailing from Lincoln, UK, is a holding company with a long history, having been active for 84 years. Employing 137 people and boasting assets of £20,922,299, the company has a strong Google rating of 5.0 based on 25 reviews. It's a real address, with nine directors and two owners at the helm. The company irregularly imports machinery, boilers, and mechanical appliances, parts, with a last import operation in April 2023, while regularly exporting tanning and dyeing products, with the last export operation in October 2024.

Beyond its holding company status, Blankney Estates Ltd is deeply rooted in agriculture. It operates as a farm, growing cereals, leguminous crops, and oil seeds. The company also owns several subsidiaries, including British Crop Driers Limited, British Chlorophyll Company Limited, Lucerne Estates Limited, W. Parker & Sons(farmers)limited, and W. Parker & Sons(mickleholme)limited. It even has a presence in the piano restoration business, with a division operating from Cambridge and a showroom in Harrods, London.

Financially, Blankney Estates Ltd presents a mixed picture. Current assets remained relatively stable at £21 million, while net assets decreased by 6% to £6.4 million. Bank borrowings increased by 27% to £13 million, and cash reserves declined by 20% to £1.5 million. Trade debtors decreased by 20%, suggesting improved collection practices. Despite these challenges, creditors decreased by 11%, indicating better debt management. The company's staff costs increased by 5% to £4.9 million. The lack of an auditor mentioned suggests it’s exempt as a small company, and the financial statements are unaudited.

The significant increase in bank borrowings, however, is something to watch. While the company’s agricultural operations and piano restoration division offer diverse revenue streams, the rising debt load could put a strain on its financial health. The decrease in cash reserves is also a concern, though it's important to note that the company’s large asset base provides a cushion. It's likely that Blankney Estates Ltd is investing in its operations or expanding its subsidiaries, but careful management of its debt will be crucial for its long-term success.

Registered in England/Wales under the registration number 00362871, with a registered address at LN5 0AX, England, Lincoln, The Estate Office Temple Grange, Navenby.

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