Rundle And Co Agri Ltd

Rundle Agri And Co Ltd from Bideford UK is a small, active company founded eighteen years ago. With twenty-six employees and £5,914,467 in assets, it operates from a virtual address and is a family business with two directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for sixteen months, the last operation being made on July 01, 2024.

The company's website showcases a diverse range of services and products. It acts as an authorised dealer for Massey Ferguson tractors and attachments, along with other brands like CAT, MaschioGaspardo, and Pichon. They offer new and used tractors, telehandlers, and construction machinery, as well as parts and servicing. Notably, they have multiple depot locations: Head Office in Launceston, Tolvaddon, and Winkleigh, each with its own contact details and directions. The site also highlights partnerships and includes a privacy policy and a link to MMD, the website developer.

Financially, Rundle Agri And Co Ltd shows some concerning trends. While current assets increased by 62% to £5,900,000, net assets also increased by 45% to £2,400,000. However, bank borrowings increased by a significant 150% to £680,000, and creditors increased by 82% to £3,900,000. Trade debtors also increased by 27% to £730,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so these figures are unaudited. The increase in borrowing and creditors, however, suggests the company is burning through cash, although the increase in assets indicates a possible expansion or increased stock levels. The average number of employees increased by 23% to thirty-two, which could be related to the increase in assets.

Registered in England/Wales under the registration number 05907476, with a registered address at EX39 2AT, Bideford, Devon, 69 High Street.

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