Primacare Limited

Primacare Ltd from Tredegar UK: a small holding company with an active status, was founded 20 years ago. It employs 61 people and holds assets valued at £2,669,676. With a real address and three directors, plus one owner, the company regularly imports electrical machinery and equipment (74 months), but only occasionally exports furniture, lighting, and prefabricated buildings (2 months).

Primacare Limited operates as a specialist seating provider, primarily serving the healthcare sector. Its website showcases a wide range of products and services, including specialist seating, rentals, hospital beds, and patient handling equipment. The company caters to both private and NHS clients, offering daily rentals, seating assessments, and decontamination services. It seems to be an e-commerce business, with a focus on providing solutions for care homes, hospitals, and individuals with mobility needs. The website also highlights its expertise in areas like bariatric seating, cerebral palsy, and pressure injuries.

Financially, Primacare Ltd shows some concerning trends. Cash bank on hand dropped by 0.86% to £700,000, while creditors increased by 7.1% to £1,300,000. Trade debtors also decreased by 8.7% to £1,400,000. Equity declined by 6.1% to £1,600,000. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decrease in equity and increase in creditors suggests potential financial strain. The company’s unaudited financial statements, and lack of auditor mentioned, rely on director-reported data.

Despite these challenges, Primacare Ltd’s focus on a niche market and its strong online presence could help it weather the storm. The company’s commitment to providing specialist seating solutions for a diverse range of healthcare needs positions it well for continued success, but it will need to manage its finances carefully to ensure its long-term viability.

Registered in England/Wales under the registration number 05184511, with a registered address at NP22 5RL, Tredegar, Gwent, Unit 26 Heads Of The Valleys Ind Est, Rhymney.

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