Prb Systems Ltd

Prb Systems Ltd, based in Cheltenham, UK, is a small, family-run business established six years ago. With six employees and £1,571,389 in assets, it operates from a virtual address – a fact highlighted by the presence of 200 companies registered at the same location. The company is led by four directors and two owners, and regularly imports miscellaneous chemical products (104 months), while occasionally exporting machinery (1 month).

The company’s website reveals a focus on advanced rendering systems, with a strong emphasis on high-quality materials and expert advice. They sell directly to customers and supply trade professionals, offering a range of products including monocouche renders, thin coat renders, and external wall insulation. The site also showcases impressive case studies, demonstrating the application of their products in diverse projects. A key aspect of their business is the “PRB ECO Division,” which focuses on cement-free screeds, renders, and adhesives – a move towards more sustainable building practices.

Financially, Prb Systems Ltd shows a mixed picture. While average employees increased by 33% to eight, cash bank holdings decreased by 13% to £530,000. Debtors jumped a significant 32% to £1,000,000, potentially reflecting increased sales, but also a risk of delayed payments. Creditors also increased by 9.3% to £890,000. The company’s small size – meeting two out of three criteria for being considered small – allows for agility, but the rise in debt and decline in cash reserves warrants attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Prb Systems Ltd appears to be a growing company with a focus on specialized rendering systems and a commitment to sustainable practices. However, the financial data suggests a need to manage debt and maintain a healthy cash flow to ensure long-term stability.

Registered in England/Wales under the registration number 11893901, with a registered address at GL51 0UX, United Kingdom, Cheltenham, Gloucestershire, Staverton Court, Staverton.

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