Grt Machinery Limited

Grt Machinery Limited is a small, active company based in Dumfries, UK, established ten years ago in 2014. With a single employee and £2,799,138 in assets, it’s a family-run business led by three directors and two owners. The company operates from a real address and regularly imports vehicles, parts, and accessories – not for trains or trams – with recent activity recorded four months ago. It’s a wholesale business operating in the agricultural machinery, equipment, and supplies industries.

The company’s website showcases Broughan Engineering Ltd, an Irish manufacturer of trailers. While Grt Machinery Limited’s site primarily lists product categories like grain-silage trailers and cattle trailers, it directs visitors to Broughan Engineering’s site for detailed information, brochures, and videos. The website’s design is straightforward, focusing on product listings and contact details rather than e-commerce functionality. It’s clear the company acts as a distributor for Broughan Engineering, leveraging their website to promote and sell their products.

Financially, Grt Machinery Limited presents a mixed picture. While current assets increased by 13%, to £2,800,000, cash reserves experienced a 10% drop, settling at £1,500,000. Trade debtors have increased significantly, rising by 44% to £1,200,000, which could indicate delayed payments or a strategy to offer more credit to customers. Equity has also seen a substantial increase, jumping 24% to £2,100,000, a positive sign of retained earnings. Creditors decreased slightly, by 1.6%, to £800,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain nimble, but the rise in debtors warrants close monitoring. The accounts are unaudited, as is common for small companies.

Registered in Scotland under the registration number SC482582, with a registered address at DG1 3SJ, Dumfries, C/O Farries, Kirk & Mcvean Dumfries Enterprise Park, Heathhall.

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