Prestige Pumps Limited

Prestige Pumps Ltd from Featherstone UK: a small, active company founded 27 years ago, employs just three people, and holds £2,506,857 in assets. With a real address, three directors, and two owners, it’s a well-established, albeit modest, operation. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 8 months of import activity recorded, and exports the same, with 55 months of export activity.

The business operates as a distributor and supplier of pumps, as evidenced by its website. It’s a leading supplier for Grundfos Pumps, and also distributes Ebara, Mono, and BBA pumps. The website showcases a wide range of pumps and accessories, catering to various industries. It also has a blog and offers customer support. The company’s website is a key element of its business model, likely facilitating online sales and customer engagement.

Financially, Prestige Pumps Ltd shows a mixed picture. While current assets increased by 10% to £2,500,000, net assets grew by 14% to £1,300,000. Bank borrowings remained steady, and cash reserves were also stable. However, trade debtors increased significantly by 40% to £810,000, which could indicate challenges in collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors warrants attention. As a small company, it’s exempt from an audit, so the financial information is unaudited.

The company’s focus on established pump brands suggests a stable business model, but the rise in debtors could be a cause for concern. The management team seems to be experienced, with three directors overseeing operations. The company’s long history and its focus on a niche market position it for continued success, but it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 03528153, with a registered address at WF7 6NX, Featherstone, West Yorkshire, Unit 9 Innovation Square, Green Lane.

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