Davies (implements) Limited

Davies Implements Ltd, based in Carmarthen, UK, is a small, family-run business with an active trading status. Founded 66 years ago in 1958, the company employs nine people and holds £1,977,121 in assets. With a real registered address and five directors, it’s a well-established operation. Two owners manage the business, with the list of owners changing eight years ago. The company regularly imports machinery, boilers, and mechanical appliances, with 86 months of import activity recorded, the latest in February 2025.

The company’s website showcases a diverse range of products and services, from compact loaders and firewood processors to fencing wire and spider lifts. It appears to be primarily a supplier of agricultural and industrial equipment, catering to a broad customer base. While it does export vehicles, parts, and accessories, this activity is irregular, with only one month of export activity recorded as of November 2016. The website also features a news section, downloads, and a Facebook page, suggesting an effort to engage with customers online.

Financially, Davies Implements Ltd shows a mixed picture. Current assets decreased by 9.3% to £2,000,000, while net assets increased by 13% to £920,000. Bank borrowings decreased by 26%, reaching £26,000, and cash reserves fell by 6.3% to £130,000. Creditors decreased by 21%, suggesting better debt management. 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 stay agile, but the decrease in cash reserves raises questions. The company’s financial statements are unaudited, as it is exempt from an audit.

Overall, Davies Implements Ltd seems to be a stable, family-run business with a long history in the agricultural and industrial equipment sector. While the financials show some pressure, the company’s established reputation and diverse product offerings suggest it is well-positioned for continued success.

Registered in England/Wales under the registration number 00606593, with a registered address at SA31 3QN, Carmarthen, Carmarthernshire, Blaenteg, Trevaughan.

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