Burkes Agri Supplies Ltd

Burkes Agri Supplies Ltd, based in Craigavon, UK, is a small, active company founded ten years ago in 2014. With eleven employees and £5,498,623 in assets, it's a well-established operation. The company, owned and directed by Richard and Helen Burke, operates from a real address and runs an e-commerce site, earning a respectable 4.0 Google rating from three reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with 13 months of import activity recorded, the latest in February 2024.

The company’s business model appears to encompass a range of activities: acting as agents for specialized products, wholesale of agricultural machinery, and retail sales. It's a fairly diverse approach, catering to the agricultural sector. The website, while not detailed, suggests a focus on supplying equipment and parts to farmers and related businesses.

Financially, Burkes Agri Supplies Ltd presents a mixed picture. While cash reserves saw a significant boost, increasing by 130% to £2.3 million, trade debtors also rose by 4.3% to £1.9 million. Creditors increased by 130%, reaching £70,000, and net assets grew by 12% to £6.5 million. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need to manage short-term liabilities. There’s no mention of an auditor, likely due to its status as a small company, so the financial data is unaudited.

Overall, Burkes Agri Supplies Ltd seems to be a stable, albeit somewhat reliant, business. The growth in assets and cash is encouraging, but the rising debts warrant careful monitoring. It’s a company that’s clearly navigating the challenges of the agricultural supply market, and its online presence suggests a commitment to customer service.

Registered in Northern Ireland under the registration number NI627223, with a registered address at BT62 4EY, Craigavon, Co Armagh, 81 Mullantine Road, Portadown.

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