H.r.n. Tractors Limited

Hrn Tractors Ltd, based in Insch, UK, is a well-established agricultural machinery business, active for 44 years. The company, employing 90 people, holds assets worth £15,654,237. With a real address and three directors, it’s a sizable operation, meeting two of three criteria to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million. The business is owned by Barclay Stuart Graeme, who is also a director.

The company specializes in importing and exporting machinery, boilers, and mechanical appliances, including parts. It’s a regular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 14 months of imports. The last import operation was conducted on November 01, 2024. It’s also a regular exporter, with its top export categories including Machinery, boilers, and mechanical appliances; parts, totaling 3 of months exports. The last export operation took place on March 01, 2017.

The company's website is not available for review, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Hrn Tractors Ltd shows some concerning trends. Accrued liabilities deferred income decreased by 30%, a positive sign, but bank borrowings and overdrafts increased significantly to £50,000. Cash and cash equivalents plummeted by a staggering 100%, leaving the company with just £5100. Despite this, staff costs remained stable, and revenue from commissions increased slightly. The company’s net assets decreased by 6.9%, which could be a result of increased borrowing or investments. The company’s auditor, Henderson Loggie LLP, has signed off on the financial statements, suggesting a reasonable level of assurance. The company’s small production software version is CCH Accounts Production 2024.310.

Overall, Hrn Tractors Ltd appears to be a stable, long-standing business, but the sharp decline in cash reserves warrants close monitoring. It’s possible that the company is investing in growth or facing temporary cash flow challenges, but a more detailed review would be necessary to confirm this.

Registered in Scotland under the registration number SC072669, with a registered address at AB52 6XF, Insch, Aberdeenshire, Hrn, South Road.

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