Johnson Bros (fakenham) Limited

Johnson Bros Fakenham Ltd, based in Spalding, UK, is a small, holding company with an active status. Established 85 years ago in 1939, the company employs 11 people and holds £853,507 in assets. It operates from a virtual address, a detail flagged by the presence of 37 companies registered at the same location. The business is overseen by three directors and three owners, and boasts a perfect 5.0 Google rating based on 15 reviews.

The company’s core business revolves around wholesale agricultural machinery, equipment, and supplies. Its website highlights partnerships with brands like McCormicks, Deutz Fahr, Kockerling, and KIOTI, emphasizing innovation, productivity, and after-sales service. A recent announcement details the company's closure at the end of June 2025, citing the imminent retirement of the Managing Director and ongoing health issues of the Finance Director, alongside a downward trend in the agricultural industry. The workshop will cease repairs in May 2025, and the parts department will close in May 2025, with a full sale to be advertised.

Financially, Johnson Bros Fakenham Ltd shows a mixed picture. Current assets have decreased significantly by 47%, falling to £850,000. Net assets have also decreased, dropping 2.6% to £1,000,000. Bank borrowings have been reduced by 54%, falling to £160,000, and cash reserves have vanished completely. Creditors have also decreased by 72%, which is a positive sign. The company’s small size—meeting two of three conditions for being classified as small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees)—helps it remain flexible. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The closure announcement and the financial trends suggest a period of transition for Johnson Bros Fakenham Ltd. While the company’s reputation for quality service and strong brand partnerships remains, the future of the business is uncertain.

Registered in England/Wales under the registration number 00355735, with a registered address at PE11 1TB, Spalding, Lincs, Bank House, Broad Street.

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