Haigh Agri Ltd

Haigh Agri Ltd from Long Drax UK is a small, active company founded eight years ago. With three employees and £250,471 in assets, it operates as a family business with a real address and is managed by two directors and two owners. The company has a Google rating of 3.0 based on two reviews and runs an e-commerce site, importing iron or steel products irregularly – just two months worth in the last 24 months.

The company’s primary activity is retail sale via mail order houses or via internet, and it’s a small business, meeting two of the three criteria: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It has a real address as only one company is registered there.

A review of the company’s financials reveals a mixed picture. Accumulated amortisation impairment intangible assets increased by 16%, while accumulated depreciation impairment property plant equipment rose by 32%. Cash bank on hand has decreased significantly, falling 67% to £4,800. Creditors have also decreased by 29%, suggesting improved debt management. However, trade debtors have increased dramatically – a 4,600% jump to £25,000 – which could indicate delayed customer payments or an expansion of credit terms. Equity has also decreased slightly by 3.4%.

The company’s financial data indicates a period of adjustment. While creditors are being managed effectively, the sharp increase in trade debtors and decline in cash reserves suggest potential cash flow challenges. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It’s clear the business is working hard, but it's important to keep an eye on those debtors.

Registered in England/Wales under the registration number 10392189, with a registered address at YO8 8TD, England, Long Drax, Nellyfield Farm, Redhouse Lane.

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