Parnham Tractors Limited

Parnham Tractors Ltd, based in Ashbourne, UK, is a small, active company established 48 years ago. With eight employees and £677,307 in assets, it operates from a virtual address, managed by a single director and owner. Boasting a 4.0-star Google rating from 16 reviews, the company regularly imports machinery, boilers, and mechanical appliances, with its most recent import activity occurring three months ago.

The company's website showcases Parnham Tractors Ltd as a long-standing supplier of Deutz Fahr and Zetor tractors, alongside Kioti tractors and groundcare equipment. It also offers a wide range of new and used machinery, emphasizing a commitment to customer service and expertise. The company’s website also highlights a focus on providing parts and service to minimize downtime. The company operates from Leek Road, Waterhouses, Staffordshire, ST10 3HS.

Financially, Parnham Tractors Ltd presents a mixed picture. Current assets have decreased by 31%, falling to £680,000, while net assets have increased by 2.2%, reaching £450,000. Cash reserves have plummeted 95%, leaving just £6,900, which is a significant drop. Trade debtors have increased by 27%, suggesting a possible reliance on customer payments, while creditors have decreased by 50%, indicating better debt management. The company's size—meeting two of three conditions for a small company—allows for agility, but the sharp decline in cash reserves is concerning. The company is exempt from an audit, so the figures are unaudited.

The company’s depreciation on plant and machinery has increased by 7.7%, while employee numbers have decreased by 12.0%, suggesting a possible restructuring or focus on automation. Overall, Parnham Tractors Ltd appears to be navigating a period of change, balancing its established reputation with the challenges of a fluctuating market.

Registered in England/Wales under the registration number 01268821, with a registered address at DE6 1BX, United Kingdom, Ashbourne, Derbyshire, 7 Compton Street.

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