Evans & Pearce Limited

Evans & Pearce Limited, based in Sherborne, UK, is a small, family-run business with an active status, celebrating 38 years since its founding in 1986. Employing nine people and holding assets of £668,488, it operates from a real address and is managed by two directors and owners. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts (imported for one month, last operation in October 2022), and a regular exporter of the same (exported for 47 months, last operation in October 2024).

The company’s website highlights its core business: providing equipment and services for crop production and seed processing. It offers a range of products, including pedestal ventilation fans, mobile seed processing units, and crop storage solutions. Notably, it also features a division dedicated to piano restoration, operating from Cambridge and even showcasing instruments in Harrods. The website emphasizes customer service, with a dedicated dealer locator and a privacy policy outlining cookie usage.

Financially, Evans & Pearce Limited shows some concerning trends. Current assets have fallen by 25%, dropping to £670,000, while net assets have also decreased slightly, to £970,000. Bank borrowings have increased by 16%, reaching £50,000, and cash reserves have vanished entirely, dropping 100% to zero. Creditors have decreased by 42%, suggesting better management of short-term debts. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There is no auditor mentioned, likely due to its small size.

Overall, Evans & Pearce Limited appears to be facing financial headwinds. The complete depletion of cash reserves is a significant concern, and the decline in assets suggests a need for careful financial management. The dual nature of the business—agricultural equipment and piano restoration—could present both opportunities and challenges. While the agricultural side may be seasonal, the piano restoration division could provide a more stable revenue stream, but the company needs to address its immediate cash flow issues to ensure long-term sustainability.

Registered in England/Wales under the registration number 02055662, with a registered address at DT9 4SH, Sherborne, Dorset, Anchor Farm, Hummer Trent.

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