Truro Tractors Limited

Truro Tractors Ltd, based in Truro, UK, is a large, active family business established 26 years ago. Employing 28 people, the company boasts substantial assets of £5,968,608 and generates an impressive £11,170,153 in yearly revenue. With a real address and five directors overseeing operations, the company is a significant player in the agricultural machinery sector. A Google rating of 4.0 from 87 reviews suggests a generally positive customer experience. Regular imports of machinery, boilers, and mechanical appliances—parts last imported three months ago—are key to their business.

The company’s website reveals Truro Tractors Ltd is an authorized dealer for New Holland and Honda, trading in both new and used machinery. They cater to a broad range of customers, from smallholders seeking compact tractors to the construction industry needing diggers and telehandlers. Beyond agricultural equipment, they offer a wide selection of horticultural products, including ride-on mowers and chainsaws, and even deal in used quads and farm utility vehicles. With branches in Chacewater, Wadebridge, and Treburley, they provide sales and servicing across Cornwall, Devon, and beyond, supported by experienced parts departments and qualified engineers.

Financially, Truro Tractors Ltd presents a mixed picture. While turnover remained stable, bank borrowings increased by a substantial 2,000%, reaching £1,300,000, suggesting a need for increased funding. Cash reserves also declined by 10%, settling at £1,200,000. However, creditors decreased by 5%, indicating improved debt management. The company's large size—meeting two of three criteria for a large company—is supported by a substantial asset base and significant revenue. The absence of an auditor’s report, likely due to its size, means the figures are unaudited.

The company’s increased borrowing may be linked to ongoing investment in inventory or expansion of its branches. The strong Google rating and diverse product range suggest a healthy business, but the financial trends warrant close monitoring. The family business model and commitment to customer service, as evidenced by its multiple locations and experienced staff, position Truro Tractors Ltd for continued success—although careful financial planning will be essential.

Registered in England/Wales under the registration number 03654551, with a registered address at TR4 8LY, Truro, Cornwall, Cox Hill, Chacewater.

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