C J Keitch Engineering Limited

C J Keitch Engineering Ltd from Honiton UK: a small, active company founded 13 years ago, employs four people, and holds £544,749 in assets. It’s a family business with two directors and two owners, boasting a perfect 5.0 Google rating from two reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with its last import operation recorded one month ago in November 2022.

The company operates as an agricultural engineer, selling and repairing a wide range of agricultural implements and tractors. It’s a main dealer for several brands, including Pottinger, Suzuki, Kawasaki, and CFMOTO, and also sells sports and leisure quads. Its website highlights a diverse inventory of tractors, machinery, and ATVs, catering to both commercial and recreational users. The company also has a piano restoration division, which operates from Cambridge and has a showroom in Harrods, London.

Financially, C J Keitch Engineering Ltd shows a mixed picture. Current assets increased by 29%, reaching £540,000, while net assets also increased by 14%, reaching £310,000. Bank borrowings surged by 99%, reaching £28,000, and creditors increased by 43%, reaching £290,000. Trade debtors increased by 61%, reaching £160,000. 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 debt suggests it may be relying on borrowing to fund operations. There was no auditor mentioned, likely due to exemption as a small company.

The company’s financial health is stable, but the increase in debt is something to keep an eye on. The piano division, meanwhile, operates on a different scale, showcasing high-end restoration services—a contrast to the more practical agricultural engineering business.

Registered in England/Wales under the registration number 07932227, with a registered address at EX14 4LH, Honiton, Devon, Dunkeswell Airfield, Dunkeswell.

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