M.J.AINGE & CO.LIMITED
Company number 01100045 · Monitor this company
Executive summary
M.J. Ainge & Co. Limited is a well-established equestrian products wholesaler with an exceptionally strong balance sheet (net assets £19.5M, liabilities only £4.2M) and substantial cash reserves (£7.1M), presenting low credit risk. However, the dramatic 85% decline in pre-tax profit to £302k and consecutive years of revenue decline require close monitoring. The business's conservative capital structure, asset backing, and cash position provide significant comfort that debt obligations can be met, warranting an APPROVE recommendation with conditions focused on profitability recovery and FX risk management.
Shareholders' funds
£19,453,920
Balance sheet as at 2024-12-31
What it does
During the year under review the parent company's principal activity continued to be the sale of equestrian products.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1973-03-03
- Employees
- 170 (2024 accounts · was 196 in 2023)
- Registered office
- 15 Southern Avenue, Leominster, Herefordshire, HR6 0QF
- Postcode
- HR6 0QF
- Capital
- 5,700 GBP
- Accounts category
- Medium
- Charges
- 4 outstanding
Accounts
- Last made up to
- 2024-12-31
- Next due by
- 2026-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2025-10-10
- Next due by
- 2026-10-24
Nature of business (SIC)
- 46900 Non-specialised wholesale trade
Officers 7 current · 3 resigned
Previous registered addresses 1
| Address | Changed on |
|---|---|
| PORTHOUSE FARM INDL ESTATE, BROMYARD, HEREFORD & WORCESTER | 1999-10-19 |
Among its peers
Top 5%
by shareholders' funds, of 92 similar companies in HR
The largest employer among its local peers (170 staff).
The oldest of its local peers, trading since 1973.
No.1 of the largest non-specialised wholesale trade companies in Kington →
Competitors Kington
This company ranks 1 among non-specialised wholesale trade in Kington.
The class of 1973
52%
of the 7,318 companies incorporated in 1973 are still active today; 41% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 2 titles
- Freehold
- 2
- Most recent registration
- 2018-01-19
- Price paid, where recorded
- £1,800,000
- Where
- Herefordshire (2)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| HW149655 | Herefordshire | Freehold | 2018-01-19 | £1,800,000 |
| HW150957 | Herefordshire | Freehold | 2008-05-15 | — |
For addresses and the authoritative register entry, use HM Land Registry's official search (£3 per title).
Information produced by HM Land Registry. © Crown copyright 2026. Dataset as at 2026-08.