Phoenix Euro Tractors Ltd

  • Small
  • Active
  • 4 years
  • 3 employees
  • £133,706 (assets)
  • Real address
  • 2 directors
  • 2 owners
  • Regular importer
  • Family business
  • Solo founder

Field of Operation

Agents involved in the sale of machinery, industrial equipment, ships and aircraft
46140 4927 companies

Social media

Phones

Summary

Phoenix Euro Tractors Ltd, based in Craven Arms, UK, is a small, active company founded four years ago. With three employees and £133,706 in assets, it’s a family business run by two directors and owners, Price Roger Thomas and Price Liam Thomas. The company regularly imports vehicles, parts, and accessories – not for trains or trams – with recent activity recorded in July 2024. It operates from a real address at The Old Railway Shed & Yard, Shrewsbury Road.

The company’s website showcases a dealership specializing in secondhand tractors, particularly John Deere 50 series, but also offering a range of other brands like Ford, New Holland, International, Deutz Fahr, and Valtra. They provide sales, repairs, and restoration work, with a focus on procuring and restoring tractors. The site also highlights a separate venture: high-end piano restoration, operating from Cambridge and even featuring a showroom in Harrods. It’s a bit confusing, but both businesses emphasize family ownership and British craftsmanship.

Financially, Phoenix Euro Tractors Ltd presents a mixed picture. While current assets increased by 11% to £130,000, equity jumped a whopping 2,200% to £14,000. Bank borrowings rose by 56% to £4,800, and cash reserves increased to £8,400. However, net current assets improved dramatically, rising by 440% to £11,000. Creditors remained relatively stable, and trade debtors increased. As a small company (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it’s exempt from an audit, so the figures are unaudited.

The company’s financial health appears to be improving, with a significant increase in equity. However, the rise in bank borrowings suggests it may be relying on external financing to support its operations. The dual focus on tractors and pianos adds complexity, and it remains to be seen if both ventures can thrive in the long term.

Registered in England/Wales under the registration number 13211402, with a registered address at SY7 9QG, England, Craven Arms, The Old Railway Shed & Yard, Shrewsbury Road.

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

Owners & PSC

  • 10 months
  • 25%+
  • 4 years
  • 75%+

Managers

  • 10 months
Director
  • 4 years
Director

Last reports

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Last news

  1. Total exemption full accounts made up to 2024-03-31
  2. Registered office address changed from 7 Salop Street Bishops Castle SY9 5BW United Kingdom to The Old Railway Shed & Yard Shrewsbury Road Craven Arms SY7 9QG on 2024-09-27
  3. Appointment of Mr Roger Thomas Price as a director on 2024-09-05
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