Tyto Agricultural Limited

Tyto Agricultural Ltd, based in Keele, UK, is a small, active company founded seven years ago. With a single employee and £91,449 in assets, it operates from a virtual address shared by ninety-six other companies. The business, led by a solo founder and director, boasts a respectable 4.0 Google rating from eighteen reviews. It’s an irregular importer, primarily dealing in optical and medical tools and devices, with just one month of imports recorded since July 2020.

The company’s website highlights its focus on tractor machinery parts, positioning itself as "the wise choice." It features a simple online store with a "delivery" and "contact us" section, and welcomes customers to sign in or create an account. New products are being added daily, and the site encourages customers to send messages for questions or concerns. The site also has a mailing list sign-up and includes standard legal disclaimers. It’s a simple, functional site, suggesting a focus on direct sales rather than complex e-commerce features.

Financially, Tyto Agricultural Ltd presents a mixed picture. While cash reserves have increased dramatically to £9,500, a significant jump from the previous year, net assets have decreased by 31% to -£35,000. Bank borrowings have also risen, increasing by 56% to £19,000. Creditors have increased by 19%, and trade debtors have fallen by 14%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor is consistent with its small size, and the figures are unaudited.

Overall, Tyto Agricultural Ltd seems to be navigating early-stage challenges. The increase in cash reserves is encouraging, but the decline in equity and rising debts suggest it's burning through money. The company's focus on tractor parts and its simple website indicate a targeted approach, but its long-term financial health will depend on its ability to manage its debts and generate sustainable profits.

Registered in England/Wales under the registration number 11286809, with a registered address at ST5 5NU, United Kingdom, Keele, Staffordshire, C/O Sempar, Office 2. 026 Innovation Centre 7, Keele University.

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