Spearhead Machinery Limited

Spearhead Machinery Ltd from Evesham UK is a large, holding company with an active status, established 36 years ago. Employing 12 people, the company holds assets worth £6,458,000 and operates from a real address. With four directors and one owner, it maintains a Google rating of 3.0 based on four reviews. Spearhead Machinery is an irregular importer of machinery, boilers, and mechanical appliances; parts, with just one month of imports recorded, and a regular exporter of the same, boasting 46 months of export activity.

The company’s website showcases a wide range of agricultural machinery, including rotary mowers, reach mowers, flail mowers, amenity mowers, forestry equipment, and self-propelled options. It operates a dealer network across the UK and Europe, with a focus on providing high-quality products and services to agricultural professionals. The website also features news and events, product brochures, and a serial registration checker, indicating a commitment to customer engagement and support. The company appears to be primarily focused on wholesale distribution rather than direct-to-consumer sales.

Financially, Spearhead Machinery Ltd shows some concerning trends. Current assets have decreased by 61%, falling to £6,500,000, while net assets have also declined, dropping 47% to £5,800,000. Bank borrowings have surged by 2,400%, reaching £29,000, and cash reserves have fallen 7.9% to £790,000. Creditors, however, have decreased by 39%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) indicates a substantial operation, but the decline in assets and increase in borrowing raise questions about its financial health. Ormerod Rutter Limited served as the auditor, and the accounts are audited.

While the company’s website and dealer network suggest a strong presence in the agricultural machinery market, the financial data reveals a period of strain. Whether Spearhead Machinery Ltd can weather these challenges and maintain its position as a leading supplier remains to be seen.

Registered in England/Wales under the registration number 02312982, with a registered address at WR11 8SW, Evesham, Worcestershire, Station Road, Salford Priors.

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