J & S Montgomery Limited

J & S Montgomery Ltd, based in Beith, UK, is a large, active company established nineteen years ago. Employing fifty-two people, it boasts impressive assets of £7,490,831 and yearly revenue of £23,105,885. The company, with six directors and no listed owners, operates a thriving e-commerce site and maintains a perfect 5.0 Google rating based on thirty-six reviews. It’s a regular importer of machinery, boilers, and mechanical appliances, with nineteen months of import activity recorded.

The company's core business revolves around the sale and repair of agricultural equipment, as evidenced by its website. It’s a key dealer for brands like John Deere, Kramer, Kverneland, and others, providing support, parts, and services to farmers and agricultural businesses. They also operate three depots—in Beith, Stranraer, and Ayr—serving a wide geographic area. The website highlights their commitment to customer service, offering online tools, finance options, and a dedicated parts department.

Financially, J & S Montgomery Ltd presents a mixed picture. While turnover increased by 9.3% to £23,105,885, net assets decreased by 17% to £3,800,000. Bank borrowings decreased by 13% to £800,000, and cash reserves fell 10% to £460,000. Creditors, however, decreased by 31%, suggesting improved debt management. The company meets the criteria for a large company, having met two of three conditions: turnover more than £36 million, balance sheet more than £18 million, and more than 250 employees. The company’s average number of employees increased by 7.7% to fifty-six. The accounts are audited by Milne Craig, and the financial statements are prepared in accordance with FRS 102.

These figures suggest that while the company is generating substantial revenue, it’s facing some challenges in maintaining asset growth and cash reserves. The decrease in creditors could be a positive sign of better financial control, but the overall trend warrants close monitoring. The company’s strong online presence and established reputation in the agricultural sector, however, provide a solid foundation for future success.

Registered in Scotland under the registration number SC296722, with a registered address at KA15 1LW, Scotland, Beith, North Ayrshire, Willowburn Road, Willowyard Industrial Estate.

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