North Down Grain Limited

North Down Grain Ltd from Newtownards UK is a large, active company founded 40 years ago. Employing 48 people, it holds £7,361,492 in assets and operates from a real address. With five directors and one owner, it boasts a perfect 5.0 Google rating based on 20 reviews. The company is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded.

The company operates in the growing of cereals (except rice), leguminous crops and oil seeds, and grain milling industries. Officially, it has one owner or PSCs, five directors, and forty eight employees. The registered address is BT22 2NB, Newtownards, Co Down, 16 Tullykevin Road, Greyabbey, and the address is probably real as only one company registered at the address.

While the company’s website is minimal, it suggests a focus on agricultural services in Northern Ireland. It’s a large company as it met two conditions of three: turnover more than £36 million, balance sheet more than £18 million, and employees more than 250. The company is a irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 1 months of imports. The last import operation was conducted on October 01, 2022.

Financially, North Down Grain Ltd’s recent performance shows some mixed signals. Current assets have decreased by 25%, falling to £7,400,000. Bank borrowings have increased significantly by 58%, reaching £940,000. However, creditors have fallen by a substantial 89%, suggesting improved debt management. Cash reserves have increased dramatically by 1800%, reaching £500,000. Losses have deepened, falling to £240,000. It’s not clear why the losses have increased, but it could be due to increased costs or decreased sales. The company’s financial statements were audited by Stanley Woods & Co. The company’s small size helps it stay agile, but the sharp equity drop raises questions.

Registered in Northern Ireland under the registration number NI017660, with a registered address at BT22 2NB, Newtownards, Co Down, 16 Tullykevin Road, Greyabbey.

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