Agricar Limited

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Agricar Limited - overview

Established

1986

Location

Dundee, Scotland, UK

Primary Industry

Logistics & Distribution

About

Agricar Limited is a specialized supplier of agricultural machinery and technology solutions focused on enhancing productivity in the agricultural sector across Scotland and beyond. Agricar Limited, founded in 1986, supplies advanced agricultural machinery and technology solutions. The company operates from its headquarters in Scotland and does not have any known subsidiaries or parent companies. The founder's history and prior ventures are not disclosed.


Agricar has successfully raised funding to support its growth initiatives, although specific details of funding rounds are not available. Agricar specializes in supplying a comprehensive range of agricultural machinery and technology solutions tailored for the agricultural sector in Scotland. Their product offerings include advanced agricultural machinery such as power arms, rotary and flail mowers, sprayers, and trailers, designed to enhance operational efficiency for farmers. Furthermore, Agricar provides precision farming technologies, including an RTK (Real-Time Kinematic) Network for guidance solutions, yield mapping information, and telematics systems, serving farmers, agricultural contractors, and agribusinesses across the UK, Europe, and other international markets.


Agricar generates revenue through the sale of agricultural machinery and technology solutions, alongside after-sales services and support offerings. The company engages in direct-to-consumer transactions and B2B partnerships, facilitated by its network of six depots across Scotland. Typical transactions include machinery purchases complemented by optional service and maintenance agreements. Agricar's offerings encompass flagship products such as New Holland tractors and Ploeger potato harvesting machinery, along with various service plans designed to support ongoing customer operational needs.


Agricar is focused on expanding its product range and market presence. They are developing new machinery designed for precision agriculture set to launch in 2024. Plans include targeting new geographical regions, particularly in Northern Europe, aiming to establish partnerships by 2025. Recent funding will be utilized to enhance product development and market expansion initiatives.


Primary Industry

Logistics & Distribution

Sub Industries

Logistics & Distribution

Website

www.agricar.co.uk

Total Amount Raised

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Agricar Limited - timeline of key events

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Agricar Limited - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021Dec 31, 2022
Revenue (USD)37,846,89035,182,103---
% Revenue Growth (YoY)-(7.0%)---
EBITDA (USD)894,855744,897---
Operating Income (USD)652,239474,850---
Operating Margin1.7%1.3%---
% EBITDA Margin2.4%2.1%---
NET Income (USD)410,199279,878---
% Net Margin1.1%0.8%---

Agricar Limited - employee data

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