RUSSELL'S (KIRBYMOORSIDE) LIMITED
Company number 00178738 · Monitor this company
Executive summary
Russell's (Kirbymoorside) Limited is a well-established, substantial regional player in UK agricultural machinery distribution with a turnover approaching £100 million, positioning it among the larger independent dealership groups nationally. While the company demonstrates encouraging gross margin improvement (16.17%) and maintains a conservative capital structure (gearing at 8.94%) that supports its consolidation strategy, the dramatic collapse in net profit margin to 0.62% — well below sector norms of 1.5-3.5% — alongside a near-zero cash position raises immediate concerns about the financial impact and integration costs of the Burdens Group acquisition. The business retains significant structural strengths including heritage, scale, and balance sheet flexibility, but must demonstrate that FY2024's profitability decline is transitory rather than indicative of operational strain from its expansion ambitions.
Shareholders' funds
£17,795,706
Balance sheet as at 2025-10-31
What it does
retailing and servicing of agricultural and ground care machinery.
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1921-12-30
- Employees
- 248 (2025 accounts · was 245 in 2024)
- Registered office
- Eden Works, Eden House Road, Old Malton, Malton, North Yorkshire, YO17 6RD
- Postcode
- YO17 6RD
- Capital
- 110,000 GBP
- Accounts category
- Full
- Charges
- 8 outstanding
Accounts
- Last made up to
- 2025-10-31
- Next due by
- 2027-07-31
- Financial year end
- 31 October
Confirmation statement
- Last statement dated
- 2026-04-15
- Next due by
- 2027-04-29
Nature of business (SIC)
- 46610 Wholesale of agricultural machinery, equipment and supplies
Officers 12 current · 10 resigned
Public contracts won 17
£172,017,369 total awarded value where published.
Showing the 5 most recent of 17.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Previous registered addresses 1
| Address | Changed on |
|---|---|
| THE WORKS, KIRKBYMOORSIDE, NORTH YORKSHIRE, YO62 6DJ | 2008-01-18 |
Among its peers
Top 5%
by shareholders' funds, of 32 similar companies in YO
The largest employer among its local peers (248 staff).
The oldest of its local peers, trading since 1921.
No.1 of the largest wholesale of agricultural machinery, equipment and supplies companies in York →
Competitors York
This company ranks 1 among wholesale of agricultural machinery, equipment and supplies in York.
Property in England & Wales 13 titles
- Freehold
- 11
- Leasehold
- 2
- Most recent registration
- 2026-03-02
- Price paid, where recorded
- £944,000
- Where
- Derbyshire (4), East Riding Of Yorkshire (3), South Yorkshire (3)
| Title number | County | Tenure | Registered | Price paid |
|---|---|---|---|---|
| YEA81973 | East Riding Of Yorkshire | Freehold | 2026-03-02 | — |
| YEA88417 | East Riding Of Yorkshire | Leasehold | 2025-06-09 | — |
| SYK466970 | South Yorkshire | Freehold | 2024-09-10 | — |
| DY190323 | Derbyshire | Freehold | 2023-11-03 | £324,000 |
| SYK708353 | South Yorkshire | Freehold | 2023-04-05 | £280,000 |
| SYK708308 | South Yorkshire | Leasehold | 2023-04-03 | £40,000 |
| DY561293 | Derbyshire | Freehold | 2022-03-01 | — |
| DY185517 | Derbyshire | Freehold | 2021-05-05 | £300,000 |
| NT230999 | Nottinghamshire | Freehold | 2021-02-08 | — |
| DY522666 | Derbyshire | Freehold | 2018-04-27 | — |
| HS218170 | East Riding Of Yorkshire | Freehold | 2011-08-24 | — |
| NYK334298 | North Yorkshire | Freehold | 2007-03-14 | — |
| NYK322138 | North Yorkshire | Freehold | 2006-06-07 | — |
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.