Geotek Agri Limited

Geotek Agri Ltd from Stockport UK is a small, active company founded nine years ago. With five employees and £427,464 in assets, it operates from a real address and is led by one director and owner. It has a stellar 5.0 Google rating based on six reviews. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances parts, with recent import activity recorded two months ago.

The company’s website is currently unavailable, making it difficult to determine its exact operations beyond what’s publicly available. However, the company operates in the other specialised construction activities n.e.c. industries.

Financially, Geotek Agri Ltd shows some concerning trends. Accumulated depreciation for computer equipment increased by 10%, furniture fittings by 30%, motor vehicles by 28%, and plant machinery by 26%, totaling a 26% increase overall. The number of employees decreased by 20% to four. Bank borrowings remained stable, but cash bank on hand plummeted by 63% to £8,500. Creditors decreased by 27%, and trade debtors increased by 4.3%. Equity rose by 1.2% to £380,000. Net assets liabilities also increased by 1.2%.

Despite the decrease in cash reserves, the company’s small size—meeting two of three conditions for being considered small (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees)—likely allows for some flexibility. The decrease in cash could be due to increased investment or operational expenses, but the rise in trade debtors suggests potential issues with customer payments. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 09807879, with a registered address at SK6 3NE, England, Stockport, Unit 11 Chadkirk Industrial Estate, Vale Road, Romiley.

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