Harvester Parts Ltd

Harvester Parts Ltd from Wisbech UK is a small, active company founded just one year ago. With two employees and £112,550 in assets, it’s a family business run by two directors and owners, Turner Lucy Jane and Turner Nicholas John. The company operates in the wholesale of agricultural machinery, equipment and supplies, and is an irregular importer, with its top category being Machinery, boilers, and mechanical appliances; parts, importing for two months with the last operation made on August 01, 2024. It has a real registered address at 27-29 Old Market Place, Wisbech, and is registered under company number 14920552.

The company’s website, harvesterparts.co.uk, showcases a range of agricultural parts and equipment, catering to farmers and agricultural businesses. While it's primarily an online retailer, the site doesn't offer a sophisticated e-commerce experience—it’s a straightforward listing of products with contact information for inquiries. There's a clear focus on providing parts for tractors, combines, and other farm machinery.

Financially, Harvester Parts Ltd presents a mixed picture. Current assets are reported at £110,000, but net current assets and liabilities sit at a concerning -£20,000. Cash bank on hand is a modest £5,500, while creditors are a significant £130,000. Trade debtors are a mere £180. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity and reliance on creditors raise questions about its long-term viability. The company’s retained earnings and accumulated losses are both -£11,000. No auditor is mentioned, which is typical for small, exempt companies.

The company’s financial data suggests it may be burning through cash. While the business appears to be active and focused on a niche market, the need to manage creditors and maintain cash flow will be critical for its future success. It's likely the company is relying on strong customer relationships and efficient operations to stay afloat.

Registered in England/Wales under the registration number 14920552, with a registered address at PE13 1NE, United Kingdom, Wisbech, 27-29 Old Market Place.

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