Townson Tractors Limited

Townson Tractors Ltd, based in Skipton, UK, is a well-established company with a strong presence in the agricultural machinery sector. Founded 41 years ago in 1983, the company is currently active and employs 23 people. It holds assets worth £6,340,768 and generates revenue of £21,212,368 annually. The company boasts a perfect 5.0 Google rating based on nine reviews, a testament to its customer service. It’s a large company, meeting two of three criteria: turnover exceeding £36 million and a balance sheet total exceeding £18 million.

Townson Tractors operates as an authorised dealer for a wide range of agricultural machinery brands, including New Holland, JCB, and PT-Tinger. Its website showcases a comprehensive selection of new and used tractors, construction equipment, handlers, and parts, catering to a broad customer base. They also export machinery, boilers, and mechanical appliances; parts regularly, with 124 months of export activity recorded.

Financially, Townson Tractors shows a mixed picture. While turnover increased by 19%, net assets still decreased by 7.6% to £5,200,000. Cash bank on hand plummeted 65% to £120,000, and bank borrowings surged 2,400% to £29,000. However, creditors decreased by 18%, suggesting improved debt management. The company's director remuneration increased by 110% to £71,000. The lack of an auditor mentioned likely means the accounts are unaudited.

The company's continued success hinges on its ability to maintain its reputation for quality service and a wide range of products. The significant decrease in cash reserves, however, warrants close monitoring. The company's reliance on a single owner, William Townson, could also present a risk, although the presence of two other directors provides some oversight.

Registered in England/Wales under the registration number 01776075, with a registered address at BD23 4HE, Skipton, North Yorkshire, West End, Hellifield.

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