Chapman Agricultural Limited

Chapman Agricultural Ltd from Whetstone UK is a small, active company founded fifteen years ago. With just two employees and £1,268,670 in assets, it operates from a virtual address, a fact highlighted by the presence of 103 companies registered at the same location. The business is a family affair, managed by one director and two owners. While it’s an irregular importer of vehicles, parts, and accessories (with just one month of import activity in the last year), it’s a regular exporter of machinery, boilers, and mechanical appliances, parts, with three months of export activity.

The company’s website reveals a full-service agricultural business. Chapman Agricultural Ltd provides repair facilities for tractors and other farming machinery, and also supplies new and nearly new tractors and farm machinery. Customers can view available stock online, and the company is willing to source equipment and spares if needed. About us pages detail the history and capabilities, while a contact form and phone numbers are provided for customer inquiries.

Financially, Chapman Agricultural Ltd presents a mixed picture. While net assets increased by 14% to £740,000, cash reserves decreased by 4.1% to £130,000. Trade debtors saw a dramatic decrease of 55%, falling to £210,000, which could indicate improved collection practices. However, creditors rose by 42%, reaching £340,000, and bank borrowings increased significantly. The company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, suggesting the company is exempt from an audit.

The significant increase in liabilities, despite the decrease in debtors, suggests the company may be burning through cash to maintain operations. The decrease in cash reserves is a worrying sign, but the increase in net assets could be due to increased equity. It's possible the company has taken on more debt to fund growth or cover expenses. Overall, Chapman Agricultural Ltd appears to be navigating a challenging financial landscape, but its family ownership and agricultural focus could provide a foundation for long-term success.

Registered in England/Wales under the registration number 07193716, with a registered address at LE8 6EP, England, Whetstone, Leicester, Edward House, Grange Business Park.

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