The Double A Trading Company Limited

The Double A Trading Company Limited is a large, active company founded 25 years ago, incorporated on April 05, 2000. Based in Dundee, Scotland, it boasts £7,064,089 in assets and employs 46 people. It’s a family business with four directors and two owners, holding a respectable Google rating of 4.0 from 18 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with 54 months of import activity and 33 months of export activity, the latest import operation was made on November 01, 2024, and the last export operation took place on December 01, 723. It operates in the wholesale of agricultural machinery, equipment and supplies industries.

The company’s website doesn’t reveal a direct e-commerce presence, suggesting a wholesale or B2B model rather than direct consumer sales. It appears to focus on sourcing and distributing agricultural equipment and parts, with a strong emphasis on machinery.

Financially, the company shows some interesting trends. Current assets increased by a substantial 36%, reaching £7,100,000, while net assets also grew by 21%, totaling £3,500,000. Bank borrowings have surged, increasing by 160% to £1,300,000, and cash reserves fell 64%, dropping to £330,000. Creditors increased by 41%, reaching £4,200,000. The company’s turnover increased by 23%, reaching £15,000,000. While the increase in turnover and assets is positive, the sharp decline in cash reserves and the rise in bank borrowings could indicate increased operational expenses or investment in inventory. The company’s auditors are Sumer Auditco Limited. The rise in bank borrowings could be due to increased operational expenses or investment in inventory. It’s likely that the company is facing some pressures, but the increase in turnover and assets is positive.

Registered in Scotland under the registration number SC205889, with a registered address at DD1 3JA, 14 City Quay, Dundee.

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