Maurice Crouch (growers) Limited

Maurice Crouch Growers Ltd, based in Wisbech, UK, is a small, active company with a rich history, having been founded eighty years ago in 1944. Employing eighteen people, the firm holds assets worth £4,798,596. Its registered address is a virtual one, shared by twenty-six other companies, which is a little odd. The company is overseen by four directors and owned by two individuals, though it’s important to note that these ownership figures are not exhaustive. They regularly import machinery, boilers, and mechanical appliances; parts, with the latest import occurring in August 2024.

Maurice Crouch Growers Ltd operates in the agricultural sector, specifically focusing on the growing of cereals, leguminous crops, oil seeds, mixed farming, vegetables, melons, roots, and tubers. Their website doesn’t offer much detail beyond this, and there’s no e-commerce presence to speak of. It’s a traditional farming operation, it seems.

Financially, the company's recent performance shows some concerning trends. Net assets decreased by 1.3% to £9,500,000, while cash reserves fell by 27% to £1,900,000. Bank borrowings were reduced by 92%, a positive sign, but trade debtors increased by 42%, suggesting potential issues with collecting payments. Creditors decreased by 34%, which is good, and key management personnel compensation was reduced by 22%. Despite these shifts, the company remains small, meeting two of the three conditions for small company status: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, which are exempt due to its size, don't mention an auditor.

Overall, Maurice Crouch Growers Ltd appears to be a well-established, albeit small, agricultural business facing some financial headwinds. The decrease in cash reserves and increase in trade debtors could be temporary fluctuations related to seasonal farming cycles, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 00390616, with a registered address at PE13 1EH, England, Wisbech, Cambridgeshire, 12/13 The Crescent.

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