Krone Forage Solutions Ltd

Krone Forage Solutions Ltd, based in Leeds, UK, is a small holding company with an active status, having been founded twelve years ago in 2013. The company employs ten people and holds £5,836,304 in assets. It operates from a real address, is managed by one director and one owner, and boasts a respectable Google rating of 4.0 based on nine reviews. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with its last import operation recorded just one month ago.

Krone Forage Solutions Ltd functions as a wholesale supplier of agricultural machinery, equipment, and supplies. Its website highlights a focus on providing excellent service and customer support, acting as a main dealer for brands like Case IH, Krone, Lemken, and Spearhead. The company offers both new and used machinery, including tractors, forage harvesters, balers, mowers, and cultivation equipment. They also provide agricultural services, with a team of skilled engineers offering quality workmanship. A customer testimonial praises the company’s service and back-up support.

Financially, Krone Forage Solutions Ltd shows some concerning trends. While cash reserves remained steady at £260,000, net current assets and liabilities decreased by 9.4% to -£390,000. Trade creditors and trade payables have fallen by 44%, which is a positive sign, but trade debtors have fallen by 44% too. Bank borrowings increased by 3.2% to £4,800,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the decline in equity suggests financial pressure. The accounts are unaudited, and no auditor is mentioned.

Overall, Krone Forage Solutions Ltd appears to be navigating a challenging period. While its strong brand affiliations and focus on customer service are positives, the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 08421932, with a registered address at LS25 4DY, Leeds, Peckfield Business Park Phoenix Avenue, Micklefield.

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