Pearson-ni Ltd

Pearson-ni Ltd, based in Co Tyrone, UK, is a small, family business with an active status, having been founded 17 years ago. Employing just three people, the company holds £349,288 in assets and operates from a real address. With two directors and two owners, it's a tight-knit operation, though its 1.0 Google rating (based on a single review) suggests room for improvement. Pearson-ni Ltd is an irregular importer, specializing in electrical machinery and equipment, with the last import activity occurring one months ago.

The company's website showcases a long history of innovation in the agricultural sector, particularly in milking technology. It offers a range of products and services, from robotic milking and feeding systems to traditional equipment like pumps and mixers. Notably, the website highlights a partnership with Website NI for web design, and features tweets from Pearsonni. The site clearly targets farmers and agricultural businesses, emphasizing efficiency, energy savings, and health & hygiene solutions. It’s a comprehensive offering, and the site's focus on high-end equipment suggests a premium market.

Financially, Pearson-ni Ltd presents a mixed picture. While cash reserves increased by 10% to £130,000, current assets only rose by a modest 2.4% to £350,000. Trade debtors have increased by 8.4% to £140,000, which could indicate a need to manage cash flow more effectively. Bank borrowings have decreased, with both the overdraft and non-financial instruments reduced, which is a positive sign. Creditors have increased by 12% to £220,000, and net assets have fallen by 4.1% to £150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants attention. As a small company, it’s likely exempt from an audit, so the financial statements are unaudited. The company’s depreciation charges for motor vehicles have increased by 15%, and plant machinery by 0.78%, which could be due to new equipment purchases or increased usage.

Registered in Northern Ireland under the registration number NI067506, with a registered address at BT71 4HG, Co Tyrone, 36 Agharan Road, Dungannon.

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