Agriargo UK Limited
Registered name: AGRIARGO UK LIMITED
Agriargo UK Limited made £9m revenue and a £1.8m loss in the year to 31 Dec 2023.
Agriargo UK Limited’s revenue fell 46% to £9m in the year to 31 Dec 2023, with a loss of £1.8m and 18 employees. The company is classified under “wholesale of agricultural machinery, equipment and supplies” and is based in Doncaster; we hold 2 years of its filed accounts.
- Status
- Active - Proposal to Strike off
- Location
- Doncaster, Yorkshire and The Humber
- Age
- 17 yrs · since 2008
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 |
|---|---|---|
| Disclosure | Full P&L | Full P&L |
| Profit & loss | ||
| Revenue (turnover) | £16.5m | £9m |
| Cost of sales | £14.7m | £9.1m |
| Gross profit | £1.9m | −£69k |
| Operating profit | £120k | −£1.6m |
| Profit before tax | £11k | −£1.8m |
| Profit after tax | £11k | −£1.8m |
| Profit (best available) | £11k | −£1.8m |
| Staff costs | £950k | £856k |
| Employees (average) | 21 | 18 |
| Ratios | ||
| Profit margin | 0.1% | −20.5% |
| Gross margin | 11.2% | −0.8% |
| Revenue per employee | £787k | £500k |
| Profit per employee | £524 | −£102k |
| Cash conversion | −192.5% | — |
| Growth (year on year) | ||
| Revenue growth | — | ▼45.6% |
| Profit growth | — | ▼16864% |
| Headcount growth | — | ▼14.3% |
| Balance sheet — indirect signals, not revenue | ||
| Cash at bank | £599k | £275k |
| Net assets | −£1.8m | −£3.6m |
| Fixed assets | £207k | £176k |
| Current assets | £13.3m | £12.7m |
| Debtors | £5.3m | £3.5m |
| Cash from operations | −£231k | −£36k |
| Source | Accounts · bulk data Feb 2025 | Accounts · bulk data Feb 2025 |
How the business works
- Profit margin
- −20.5%
- Profit ÷ revenue.
- Gross margin
- −0.8%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £500k
- Revenue ÷ average employees.
- Profit per employee
- −£102k
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 2%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 39%
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- —
- Now −£3.6m
- Cash at bank
- ▼54%
- Now £275k
- Headcount
- ▼14%
- Now 18
- Deferred income
- —
- Now —
- Fixed assets
- ▼15%
- Now £176k
Similar profitable businesses
- Rima UK LimitedNorfolk · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £8.3m
- Profit
- £1.1m
- Staff
- 98
- Al-Ko Gardentech UK LtdWincanton · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £11.2m
- Profit
- £777k
- Staff
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- Spearhead Machinery LimitedEvesham · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £12m
- Profit
- £956k
- Staff
- 13
- The Double a Trading Company LimitedWholesale of agricultural machinery, equipment and supplies
- Revenue
- £14m
- Profit
- £54.3k
- Staff
- 50
- Ramsay & Jackson LimitedWholesale of agricultural machinery, equipment and supplies
- Revenue
- £14.1m
- Profit
- £243k
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- Robert Davies Machinery LimitedShrewsbury · Wholesale of agricultural machinery, equipment and supplies
- Revenue
- £14.2m
- Profit
- £128k
- Staff
- 23
Sources
Latest figures from accounts for the year to 31 Dec 2023 (profit −£1.8m), from the Companies House accounts bulk data published Feb 2025. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.