Prima Industries Ltd

Prima Industries Ltd, based in Rotherham, UK, is a small, holding company with an active status. Founded nineteen years ago in 2006, it employs six people and maintains a real registered address. The company is led by three directors and has one owner, boasting a respectable 4.0 Google rating from six reviews. It's an irregular importer of ceramic products (just one month of imports recorded) but a regular exporter of iron or steel products (eighteen months of exports).

The company’s website, primaind.co.uk, emphasizes its commitment to "warming you since 2007" through the manufacture and supply of quality home heating products. It highlights brands like EkoFuel, Rivelin, and Prestigious Fires, showcasing a focus on innovation and world-class quality, even mentioning a Manufacturing Guild Mark awarded in 2018. The site clearly operates as a manufacturer and supplier, not an e-commerce platform, with a focus on B2B sales rather than direct consumer interaction.

Financially, Prima Industries Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 35%, falling to £740,000, while creditors have increased by 10% to £560,000. Debtors have also seen a sharp decline of 45% to £64,000. Equity has suffered a 46% drop, settling at £520,000. However, finished goods for resale have increased by a substantial 170% to £330,000, which could indicate increased production or a build-up of stock. Property, plant, and equipment have also seen a rise, particularly in motor cars, which have increased by 49%. The company meets the criteria to be considered small, with turnover likely under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from a full audit, relying on an accountant's report.

Overall, Prima Industries Ltd appears to be navigating a period of change. While it’s increased its stock levels, its cash reserves and equity have decreased, suggesting it’s potentially burning through money. The decrease in debtors could be a sign of slower customer payments, or perhaps a shift in credit terms. It’s a bit unclear if the increased stock levels will translate into increased sales, or if they represent a build-up of inventory.

Registered in England/Wales under the registration number 05688373, with a registered address at S65 1SJ, Rotherham, South Yorkshire, Unit 2 Chesterton Court, Eastwood Trading Estate.

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