Larrington Trailers Limited

Larrington Trailers Ltd, based in Boston, UK, is a small, active company founded fifteen years ago in 2009. With thirty-three employees and £712,455 in assets, it’s a real business with a single director and owner – a solo founder. The company regularly exports vehicles, parts, and accessories (excluding trains or trams), with five months of export activity recorded, but only imports irregularly, with just one month of activity in 2022. The address is probably real as only one company registered at the address.

Larrington Trailers’ website showcases a diverse range of trailers, including flat decks, low loaders, tipping trailers, and industrial trailers. It also offers services like central tyre inflation systems and potato/onion box loaders. The business operates both a trailer sales and hire service, with a dedicated section for new and used stock. The site also features a download brochure and contact information, including an email address and phone number.

Financially, Larrington Trailers Ltd presents a mixed picture. Current assets decreased by 2.1% to £710,000, while net assets declined by 18% to £370,000. Bank borrowings increased by 9.4% to £190,000, and cash reserves fell 30% to £28,000. Trade debtors decreased by 7%, suggesting better debt management. 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 stay agile, but the decline in net assets is something to watch. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Larrington Trailers Ltd seems to be a steady, family-run business navigating the challenges of a competitive market. The company’s focus on quality trailers and customer service, combined with its small size, could help it continue to thrive.

Registered in England/Wales under the registration number 06918139, with a registered address at PE21 7PB, England, Boston, Lincolnshire, Great Fen Road, Boardsides.

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