AGCO LIMITED

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

1. AGCO LIMITED 1997-04-23 → present
2. MASSEY FERGUSON LIMITED 1996-04-24 → 1997-04-23
3. MASSEY FERGUSON (UNITED KINGDOM) LIMITED 1992-09-14 → 1996-04-24
4. MASSEY-FERGUSON (UNITED KINGDOM) LIMITED 1952-06-24 → 1992-09-14

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

KPMG LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have assessed the effects and impact of the current economic environment on the Company's operations, financial resources and in particular, the going concern assumption. As of 31 December 2024, the Company has made total comprehensive income of £838,000 (2023: £18,361,000) and has net assets of £145,571,000 (2023: £144,733,000). The directors have prepared monthly cash flow forecasts for both a base case and a severe case. In both scenarios, the Company is projected to remain in a net asset position and to have sufficient working capital to continue trading and meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements. In addition to its operational cashflow, the Company has access to a group cash pooling agreement with AIG to address potential cash shortfalls.”

Group structure

1. AGCO LIMITED · parent
   1. Massey Ferguson Staff Pension Trust Limited 100% · UK
   2. AGCO Ireland Limited 100% · IRELAND

Significant events

• “On 31 March 2025, AGCO Manufacturing Limited declared and paid a dividend in specie of £164,436,779 to its sole shareholder, AGCO International Limited. This non-cash dividend consisted of the transfer of the company's shareholdings in AGCO Limited, Massey Ferguson Pensions Trust Limited, and Farmec S.r.l.”
• “In 2024 a correction was made relating to affiliate dividend income from an affiliate which reduced income by £15,897,000.”
• “On 3 January 2024, a consolidation of shares happened to reduce number of shares from 222,639,134 ordinary shares of £0.6788 each to 151,135,779 ordinary shares of £1 each.”
• “The directors have established a new evergreen multi-currency cash pooling agreement effective 1 January 2024 with a total credit limit of £30,000,000 and €15,000,000 to support any working capital funding requirements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -24.5%

  £515,857,000 → £389,658,000

• Cash

  +43.9%

  £706,000 → £1,016,000

• Net assets

  +0.6%

  £144,733,000 → £145,571,000

• Employees

  -1.6%

  436 → 429

• Operating profit

  +32.3%

  £16,733,000 → £22,138,000

• Profit before tax

  -65.3%

  £33,151,000 → £11,498,000

• Wages

  -9.1%

  £28,516,000 → £25,924,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers