Prewire Ltd

Prewire Ltd, based in Newark On Trent, UK, is a small, active company established nine years ago. With £98,218 in assets and a real address, the business is managed by one director and owner. It operates as a regular importer of plastics and plastic products, having imported for 15 months, with the latest import in February 2025. It also exports these products irregularly, having done so for two months, with the most recent export in August 2024. The company specializes in the manufacture of printed labels.

The website, salesprewire.co.uk, highlights Prewire Ltd as an authorized distributor of Grafoplast products. It offers a range of items, including EVOMAX printers, pre-print services, and various labeling solutions—all available for online purchase. The site’s focus on product ranges, digital catalogues, and account access suggests a business geared towards B2B sales rather than direct consumer retail. The site also has a section for clearance items.

Financially, Prewire Ltd presents a mixed picture. Current assets have decreased by 22%, dropping to £98,000, while cash reserves have also fallen by a significant 3.6% to £47,000. Bank borrowings have increased to £7,300. Creditors have also decreased by 12%, which could indicate improved debt management. The company’s equity has also fallen by 25%, and other inventories have plummeted by 89%, suggesting a reduction in stock levels. It’s a small company, meeting two of three criteria for size: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

Overall, Prewire Ltd appears to be navigating a period of change. While its core business of distributing Grafoplast products seems active, the decline in assets and equity raises questions about its financial health. It’s likely that the company is working to manage its costs and maintain its position in the market—but the long-term impact of these trends remains to be seen.

Registered in England/Wales under the registration number 09968518, with a registered address at NG24 4TS, Newark On Trent, Office 11 Navigation Business Centre, Mill Gate.

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