Glenside Tractors Limited

Glenside Tractors Ltd from Campbeltown UK: a small, active company founded 38 years ago, employs eight people, and holds £1,396,507 in assets. With a real address and four directors overseeing operations, it's a well-established business with a 5.0 Google rating from nine reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances, with parts imported for one month, and an irregular exporter of electrical machinery and equipment, also for one month.

The business, established in 1987 by William Reid and Iain Barbour, supports the farming community throughout Argyll and the western isles of Scotland. It operates as a main dealership for CASEIH, CLAAS, and KVERNELAND, boasting a team of eight staff and a fleet of five service vehicles and a truck. The website highlights franchises, used tractors, machinery, parts, servicing, and a map. It's clear that Glenside Tractors is focused on providing agricultural machinery sales, servicing, and repairs.

Financially, Glenside Tractors Ltd shows some interesting trends. Current assets have decreased by 8.1% to £1,400,000, while net assets have increased by 2.4% to £950,000. Bank borrowings have decreased by 22%, and cash reserves have increased by 36% to £510,000. Creditors have also decreased by 15%. The company’s small size (meeting two of three conditions for being a small company) helps it remain agile, but the decrease in trade debtors by 19% could indicate some payment issues. No auditor is mentioned, which is likely due to its status as a small company.

Overall, Glenside Tractors Ltd seems to be in a relatively stable position, but it’s worth keeping an eye on the trends in trade debtors. The company’s focus on agricultural machinery and its strong reputation within the local farming community suggest a solid foundation for future success.

Registered in Scotland under the registration number SC102125, with a registered address at PA28 6NJ, Campbeltown, Millknowe Garage, Millknowe.

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