G. & R. Pykett Limited

G. & R. Pykett Ltd, based in Ilkeston, UK, is a large, family-run business active for 22 years. Employing 14 people, the company boasts substantial assets of £21,078,875 and generates £23,150,334 in yearly revenue. With three directors and two owners, the company has a stellar 5.0 Google rating from 36 reviews, demonstrating a strong reputation. They regularly import machinery, boilers, and mechanical appliances, and export vehicles, parts, and accessories.

The company's core business revolves around the sale and service of agricultural machinery, with a significant focus on tractors and related equipment. Their website highlights a wide range of new and used tractors, machinery, and parts, catering to both farming and overseas customers. They also specialize in tractor and machinery hire, and even offer a restoration service for vintage tractors. The company's website also mentions a vacancy for a service technician, indicating growth and expansion.

Financially, G. & R. Pykett Ltd presents a mixed picture. While turnover remained steady, net assets increased by a significant 12%, reaching £26 million. However, bank borrowings have surged by 1,000%, indicating a reliance on external funding. Creditors also increased by 24%, suggesting potential challenges in managing short-term liabilities. The company’s assets are substantial, and the growth in assets is a positive sign. However, the increase in debt warrants closer attention. The company’s auditor is Davies Edwards & Co, providing some level of assurance in the financial reporting. Overall, G. & R. Pykett Ltd appears to be a well-established business facing typical challenges associated with growth and expansion.

Registered in England/Wales under the registration number 04508340, with a registered address at DE7 8SU, Cotmanhay Ilkeston, Derbyshire, Poplar Farm, Skeavingtons Lane.

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