Tr Machinery Ltd

TR Machinery Ltd, based in Montgomery, UK, is a large company operating as a holding company with an active status. Established four years ago in 2021, it employs just two people but boasts significant assets of £9,549,981 and a yearly revenue of £14,101,985. The company, overseen by two directors and a single owner, regularly imports machinery, boilers, and mechanical appliances (parts) and exports vehicles, parts, and accessories (excluding trains and trams).

The company’s website paints a picture of a prominent agricultural machinery dealer, serving Cheshire, Shropshire, Staffordshire, Mid Wales, and The Borders. TR Machinery Ltd is the official Fendt dealer in the region, selling both new and used machinery, and offering a range of parts, servicing, and financing options. They specialize in Fendt tractors, tracked tractors, combine harvesters, and telehandlers, alongside other brands like Merlo and Vaderstad. The website also highlights a used machinery section, clothing and accessories, and a newsletter signup.

Financially, TR Machinery Ltd presents a mixed bag. While revenue remained steady, net assets declined by 16% to £1,400,000. Bank borrowings increased by a substantial 200% to £180,000, and cash reserves dropped by 99% to a mere £80. Creditors also rose by 13%, suggesting a need to manage debt. The company’s large size (meeting two of three criteria for a large company) suggests it’s navigating a competitive market. The company’s auditors are D.R.E. & Co. (Audit) Limited.

The increase in bank borrowings and decrease in cash reserves, combined with the rise in creditors, may indicate that the company is investing in growth or facing short-term cash flow challenges. The company’s continued focus on Fendt and other premium brands, however, suggests a strategy of targeting a specific, high-value market.

Registered in England/Wales under the registration number 13257803, with a registered address at SY15 6TQ, Wales, Montgomery, Powys, Mellington, Churchstoke.

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