Severn Farm Machinery Ltd
- Small
- Active
- 11 years
- 10 employees
- £570,988 (assets)
- Real address
- 4 directors
- 2 owners
- Regular importer
- Irregular exporter
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Summary
Severn Farm Machinery Ltd from Shrewsbury UK: a small, active company founded 11 years ago, employs 10 people, and holds £570,988 in assets. It's a family business with four directors and two owners, operating from a real address. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 8 months of import activity—and irregularly exports vehicles, parts, and accessories (excluding trains and trams), with 2 months of export activity.
The company’s website, infolovoluk.com, showcases a dealership for Lovol machinery, offering a range of tractors and equipment. The site highlights a network of dealers across the UK and features a used stock section. It seems to be primarily focused on sales and dealer support, rather than direct e-commerce. The site’s layout is straightforward, with clear navigation and contact information.
Financially, Severn Farm Machinery Ltd is showing some concerning trends. Current assets have dropped significantly by 64%, falling to £570,000. Equity has also decreased by 37%, settling at £200,000. Bank borrowings have disappeared entirely, a positive sign, but cash reserves have plummeted 70%, leaving only £39,000. Creditors have also decreased, which is good, but the sharp decline in assets and equity suggests the company is burning through money. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 25 employees. The lack of an auditor mentioned is typical for small companies.
Despite the financial pressures, Severn Farm Machinery Ltd appears to be maintaining its core business of importing and distributing Lovol machinery. Whether it can sustain this level of activity with reduced cash reserves remains to be seen.
Registered in England/Wales under the registration number 08781709, with a registered address at SY5 0UB, England, Shrewsbury, Shropshire, Rea Valley Business Park Main Road, Pontesbury.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 8 years
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of United Kingdom
-
Individual
- 11 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-11-19 with updatesDownload 6 pages pdf report
-
Director's details changed for Matthew James Willner on 2024-10-15Download 2 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Severn Farm Machinery Ltd
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