J & C Griffiths Agricultural Engineers Limited

J & C Griffiths Agricultural Engineers Limited, based in Brecon, UK, is a small, active company founded eleven years ago in 2013. With eight employees and £1,204,485 in assets, it’s a well-established operation serving the agricultural sector. The company has a real registered address and is overseen by four directors and one owner, boasting a stellar 5.0 Google rating from 30 reviews. It’s a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent activity recorded just last month.

The company’s website, while minimal, highlights its core business: supplying and servicing agricultural machinery. It’s clear they focus on sales and service, rather than e-commerce. They seem to be a local business, serving farmers and agricultural businesses in the Brecon area.

Financially, J & C Griffiths Agricultural Engineers Limited presents a mixed picture. While current assets remained stable at £1,200,000, net assets increased by 8.8% to £510,000. Bank borrowings decreased by 12%, falling to £270,000, and cash reserves saw a significant boost, increasing by 1200% to £2,300. Trade debtors rose by 35%, suggesting a possible increase in sales on credit. Creditors, however, decreased by 16%, which is a positive sign for debt management. The company meets two of three criteria for being classified as small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). The absence of an auditor mentioned likely means they’re exempt from a full audit as a small company.

Overall, J & C Griffiths Agricultural Engineers Limited appears to be financially stable, with improved cash flow and manageable debt. The increase in trade debtors could indicate a period of growth, but it’s something to monitor. The company’s long-standing presence and positive customer reviews suggest a solid reputation within the agricultural community.

Registered in England/Wales under the registration number 08704499, with a registered address at LD3 0SH, Brecon, Powys, Pipton, Three Cocks.

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