Bowland Tractors Limited

Bowland Tractors Ltd from Dudley UK: a small holding company with an active status, was founded 22 years ago. It employs nine people and holds assets valued at £2,952,286. The company operates from a virtual address, managed by three directors and one owner. It regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), having imported for 22 months and exported for a substantial 316 months.

Bowland Tractors specializes in exporting and retailing used tractors and agricultural machinery. Its website highlights a family-run business with a focus on quality and service. They handle exporting to the EU, offering certification, cleaning, and transport services. A key aspect is the business's involvement with used tractors, combine harvesters, telescopic handlers, backhoes, and balers, catering to both domestic and international markets. The company has a showroom in Harrods, London.

Financially, Bowland Tractors shows some interesting trends. Current assets have increased by 16% to £3,000,000, while net assets have grown by 13% to £2,200,000. Bank borrowings have decreased significantly, dropping by 58% to £50,000, and cash reserves have seen a dramatic increase of 1800% to £220,000. Creditors have increased by 30%, and trade debtors have risen by 34%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

Overall, Bowland Tractors appears to be in a relatively healthy position, with increased assets and cash reserves. However, the increase in creditors suggests a need to manage debt effectively. The company’s long-standing presence in the agricultural machinery market and its focus on exporting demonstrate its resilience and adaptability.

Registered in England/Wales under the registration number 04563922, with a registered address at DY1 1QT, England, Dudley, West Midlands, Kings Chambers Queens Cross, High Street.

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