C G Machinery Ltd

Cg Machinery Ltd from Keighley UK: a small holding company with an active status, was founded 10 years ago and employs seven people. The company holds £1,200,481 in assets, operates from a virtual address, and is overseen by two directors and one owner. It's an irregular importer of vehicles, parts, and accessories (excluding trains and trams) for two months, but a regular exporter for six months.

The company's website reveals a focus on agricultural machinery sales and service, particularly tractors and plant equipment. Cg Machinery Ltd operates a webshop selling new and used equipment, including loaders, trailers, and fuel points. It also provides services like maintenance and hire machinery. The company’s website details its involvement in selling QTP parts and spares, and highlights its ability to export machinery to the USA, South America, Africa, and Europe. The business is based on the borders of Yorkshire and Lancashire and has been supplying equipment for a decade.

Financially, Cg Machinery Ltd shows a mixed picture. Current assets increased by 6.1% to £1,200,000, while net assets decreased by 5.3% to £830,000. Bank borrowings have been eliminated, a positive sign, but cash reserves increased by 40% to £270,000. Trade creditors decreased significantly by 80%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps with agility. The company’s net losses deepened, and bank borrowings surged, which could be a sign of trouble. There is no auditor mentioned, so the financial statements are unaudited.

Overall, Cg Machinery Ltd seems to be navigating a challenging environment, but its focus on a niche market and its export capabilities could provide a foundation for future growth.

Registered in England/Wales under the registration number 09521391, with a registered address at BD21 3DS, England, Keighley, West Yorkshire, Russell Chambers, 61a North Street.

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