Pasturetec Ltd

Pasturetec Ltd from Derby, UK, is a small, active company founded four years ago. Employing six people, it holds £597,915 in assets and operates from a real address. With three directors and one owner, Pasturetec Ltd runs an e-commerce site and boasts a 3.0 Google rating from seven reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with nine months of import activity recorded.

Pasturetec Ltd's website showcases a wide range of products, from electric fencing and livestock equipment to premium outdoor clothing and workwear. It caters to the agricultural sector, offering solutions for fencing, animal health, grassland management, and more. The site also features a blog with articles on farming tips and industry news. The business seems to be involved in both retail sales via mail order and internet, and also offers environmental consulting services.

Financially, Pasturetec Ltd shows a mixed picture. Current assets decreased by 2.8% to £600,000, while net assets plummeted 260% to -£310,000. Bank borrowings surged by 15.0%, reaching £41,000, and cash reserves fell by 15.0% to £41,000. Creditors increased by 21.0% to £660,000, suggesting increased reliance on short-term financing. 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 sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements. The number of employees increased by 50%, which could be a sign of growth, but also a need for more resources.

In short, Pasturetec Ltd is facing some financial pressures, but its diverse product range and focus on the agricultural sector position it for continued operation. The company’s website and online presence suggest a commitment to customer service and a desire to be a valuable resource for farmers and landowners.

Registered in England/Wales under the registration number 13202760, with a registered address at DE65 6BW, England, Derby, Derbyshire, Betty's Farm The Castle Way, Willington.

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