J P M Agricultural Limited

Jpm Agricultural Ltd from Louth UK: a small, active company founded 14 years ago, employs eight people, and holds £1,835,959 in assets. It's a family business with a stellar 5.0 Google rating from nine reviews. The company regularly imports vehicles, parts, and accessories (not for trains or trams) for 17 months, and exports the same items for seven months. Two directors and two owners manage the operations, and the company’s registered address is real, with only one other company registered there.

The company operates in the maintenance and repair of motor vehicles, the renting and leasing of agricultural machinery and equipment. Jpm Agricultural Ltd’s website highlights its expertise in selling and servicing agricultural machinery, particularly for Versatile, Krone, and McHale brands. It offers new and used machinery, expert repairs, and even fabricates parts and provides Camso track fitting services. The website also features a blog with news and advice for farmers.

Financially, Jpm Agricultural Ltd shows a mixed picture. Current assets increased by 32%, reaching £1,800,000, while net assets increased by 15%, hitting £580,000. Bank borrowings surged by 53%, reaching £1,600,000, and cash reserves increased by 52%, to £490,000. Creditors also increased by 53%, reaching £1,600,000. The company meets the criteria for a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the increase in creditors, the growth in cash reserves suggests improved liquidity. No auditor is mentioned, which is typical for small companies.

The company's financial data also indicates a significant increase in trade debtors, suggesting that customers are taking longer to pay. This could be due to a number of factors, such as increased competition or a slowdown in the agricultural sector. The increase in bank borrowings could be used to fund expansion or to cover short-term cash flow needs. Overall, Jpm Agricultural Ltd appears to be a financially stable company, but it should monitor its debtors and bank borrowings closely.

Registered in England/Wales under the registration number 07484948, with a registered address at LN11 8PF, England, Louth, Lincolnshire, The Old Barn Wayside Farm, Authorpe.

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