R S M Beare (stoke Canon) Limited

Rsm Beare Stoke Canon Ltd, based near Exeter in Devon, is a sizable, active company established 34 years ago. Employing 34 people, it boasts assets of £5,448,454 and generates a yearly revenue of £18,199,143. The business, a family concern with a stellar 5.0 Google rating from 25 reviews, is led by three directors and two owners. It’s a regular exporter, specializing in machinery, boilers, and mechanical appliances, with five months of export activity recorded.

The company operates as a dealership for agricultural machinery and tractors, primarily representing JCB Agriculture and McCormick Tractors across the South West. Its website showcases a range of new and used machinery, including JCB Livelink finance options, and highlights brands like Kuhn and TerraTech. It even offers a selection of used machinery, catering to diverse customer needs. The site also features a section dedicated to hot topics, such as asset tag protection and fertilizer spreader ranges.

Financially, Rsm Beare Stoke Canon Ltd presents a mixed picture. Creditors decreased by 12%, while bank borrowings increased by 11%, suggesting improved debt management. However, administrative expenses rose by 26%, and deferred tax expense credit dropped by 33%, which could be a concern. The company’s assets grew by 1.8%, but cash bank on hand increased by 11%. Overall, the company’s net assets grew by 19%, which is a positive sign. The company's auditor is A C Mole LLP.

The company's continued growth in revenue, despite increased expenses, indicates a strong market position. The focus on established brands and a wide range of services—from sales and finance to aftersales support—suggests a well-rounded business model. While the financial data doesn’s show any glaring red flags, the increased administrative expenses warrants a closer look to ensure efficiency and profitability.

Registered in England/Wales under the registration number 02573438, with a registered address at EX5 4AX, Nr.Exeter, Devon, Tiverton Road, Stoke Canon.

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