P. TUCKWELL LIMITED
Company number 01189939 · Monitor this company
Executive summary
P. Tuckwell Limited is a substantial, well-established John Deere dealership operating across agricultural, construction, and grounds care markets in East Anglia, with FY2024 turnover of £124.6m placing it among the larger independent UK machinery distributors. While top-line growth of 4.3% is commendable given challenging agricultural market conditions, the severe margin compression—from 13.3% to 11.7% gross and effectively zero net margin—reflects industry-wide inventory pressure following supply chain normalisation, compounded by rising financing costs and a £2m inventory provision. The business retains fundamental strengths in its franchise position, diversified revenue model, and solid net asset base of £17m, but the current margin trajectory requires close monitoring; any further deterioration would threaten the thin profitability that characterises this capital-intensive sector.
Shareholders' funds
£11,041,424
Balance sheet as at 2020-11-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 1974-11-08
- Registered office
- P Tuckwell Ltd Shop Street, Worlingworth, Woodbridge, Suffolk, IP13 7HU
- Postcode
- IP13 7HU
- Capital
- 600 GBP
- Accounts category
- Full
- Charges
- 3 outstanding
Accounts
- Last made up to
- 2025-11-30
- Next due by
- 2027-08-31
- Financial year end
- 30 November
Confirmation statement
- Last statement dated
- 2026-01-23
- Next due by
- 2027-02-06
Nature of business (SIC)
- 46610 Wholesale of agricultural machinery, equipment and supplies
Officers 4 current · 5 resigned
Group structure
Controlled by TUCKWELL HOLDINGS LIMITED — since 2026-01-22
From persons-with-significant-control filings on the public register.
Public contracts won 8
£171,717,873 total awarded value where published.
Showing the 5 most recent of 8.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Gender pay gap
18.5%
Women's median hourly pay below men's, 2025/26 · around the middle of the pack for parity
Previous registered addresses 1
| Address | Changed on |
|---|---|
| BEDINGFIELD HOUSE, BEDINGFIELD EYE, SUFFOLK, IP23 7LG | 2009-01-27 |
Among its peers
Top 5%
by shareholders' funds, of 21 similar companies in IP
The oldest of its local peers, trading since 1974.
Competitors Ipswich
This company ranks 1 among wholesale of agricultural machinery, equipment and supplies in Ipswich.
The class of 1974
54%
of the 5,336 companies incorporated in 1974 are still active today; 39% have since been dissolved.
A fact about the year, not a forecast for this company.
Property in England & Wales 5 titles
- Freehold
- 1
- Leasehold
- 4
- Most recent registration
- 2023-09-07
- Where
- Essex (2), Suffolk (2), Central Bedfordshire (1)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| AA62056 | Essex | Leasehold | 2023-09-07 | — |
| AA62057 | Essex | Leasehold | 2023-09-07 | — |
| SK406167 | Suffolk | Leasehold | 2021-03-02 | — |
| BD333497 | Central Bedfordshire | Leasehold | 2020-01-28 | — |
| SK396128 | Suffolk | Freehold | 2019-08-15 | — |
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.