Sussex Agri Power Limited

Sussex Agri Power Ltd from Chichester UK is a small, active company founded 35 years ago in 1989. Employing 19 people, it holds £635,539 in assets and boasts a real address. With three directors and two owners, the company has a Google rating of 1.0 based on one review, and regularly imports iron or steel products – the last import was three months ago in March 2024.

The company operates in the support activities for crop production industries, offering a wide range of agricultural services. Its website details arable services, foraging services, and general services like baling, combining, and hedge cutting. It also provides machinery for hire and contracts, catering to both complete and part farm contracts. The website even mentions a JCB digger or specialised tractor available for hire.

Financially, Sussex Agri Power Ltd shows some concerning trends. While net assets increased by 8.9% to £860,000, current assets decreased by 9.3% to £640,000. Bank borrowings have decreased by 31%, which is a positive, but cash reserves are not mentioned. Creditors have also decreased significantly, which could indicate better debt management. The company meets two of three conditions to be classified as small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company, relying on unaudited statements.

Overall, Sussex Agri Power Ltd appears to be facing some financial pressures, though it’s still operating. The company's long history and diverse service offerings provide a solid foundation, but it will need to address the declining current assets to ensure long-term stability.

Registered in England/Wales under the registration number 02445774, with a registered address at PO18 9DA, Chichester, West Sussex, The Workshop, New Barn Office, Funtington.

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