Prater Limited

Prater Ltd from Salfords UK: a large company, holding company, active status, founded 38 years ago, employing six people, holding £36,037,328 in assets, generating £63,895,635 in yearly revenue, with a real address, five directors, two owners, a Google rating of 4.0 based on ten reviews, and regularly importing glass and glassware (22 months imported). It's a sizable operation, meeting two conditions of three to be considered large: turnover exceeding £36 million and a balance sheet total over £18 million.

The company operates as a holding company, and its core business revolves around the construction of commercial buildings. It’s a specialist building envelope contractor, providing complete solutions from design and planning to manufacture and installation. People are at the heart of their business, and they actively encourage applications for vacancies. Their website highlights several high-profile projects, including the Aviva Studios and Coop Live, demonstrating a focus on large-scale, complex builds. The company also offers specialized services like offsite manufactured solutions and solar PV installations.

Financially, Prater Ltd presents a mixed picture. While current assets increased significantly by 100% to £36 million, net assets plunged 130% to -£25 million. Cash bank on hand dropped by 63% to £1.4 million. Bank borrowings increased by 2,400%, reaching £29,000, and creditors decreased by 18%. It’s a significant drop in equity, which could be a concern. The company’s revenue increased by 100% to £63.8 million, but the increased costs of sales by 11% may be a contributing factor. The company was audited by MHA, and the report was signed on September 24th.

Despite the challenges, Prater Ltd’s strong project portfolio and established reputation suggest it’s well-positioned for future growth. The company’s focus on high-quality building envelopes and its ability to deliver complex projects are key differentiators in a competitive market.

Registered in England/Wales under the registration number 02107097, with a registered address at RH1 5JQ, Salfords, Surrey, Perrywood Business Park, Honeycrock Lane.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.