Prima International Ltd

Prima International Ltd, based in Southall, UK, is a small, active company founded six years ago. With 24 employees and £3,685,332 in assets, it's a well-established importer of edible vegetables and roots, having imported for 242 months. The company boasts a perfect 5.0 Google rating based on one review and is led by two directors and three owners, though the owner list was changed recently, which is a good sign.

The business operates in the wholesale of fruit and vegetables, catering to retailers and caterers with a complete bakery solution. Its website showcases a range of gourmet bakes, including ready-to-bake, frozen, and freshly baked options, alongside customized choices. The company serves the whole kingdom with its fleet, and even has a presence in Saudi Arabia. Recent blog posts on barbecue tips and scientific cooking suggest a focus on engaging with customers.

However, a closer look at the financials reveals some concerning trends. While cash reserves increased by a substantial 130% to £1,600,000, net assets only increased by 77% to £2,000,000. Bank borrowings were eliminated, which is positive, but fixed assets decreased by 10% to £58,000. Perhaps most notably, the number of employees dropped dramatically, decreasing by 46% to just 13 people. Creditors also increased by 51% to £1,700,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in employee numbers and rising creditors could signal challenges. There's no auditor mentioned, so the financial statements are unaudited. Overall, Prima International Ltd appears to be navigating a period of change, with a need to carefully manage its costs and maintain customer satisfaction.

Registered in England/Wales under the registration number 11605021, with a registered address at UB2 5XJ, England, Southall, F5 Unit F5, Western International Market.

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