Prime Cut Butchers Ltd

Prime Cut Butchers Ltd, a small, active company based in London, UK, has been operating for fifteen years. Established in 2009, the firm employs twenty-eight people and holds £3,245,087 in assets. It’s a family-run business with one director and owner, Moskovits Moses, and operates from a virtual address shared by many other companies. The company regularly imports meat and edible meat offal – a consistent activity over the past 84 months, with the most recent import in February 2025 – but exports are sporadic, with just one month of activity recorded in July 2024.

The company's website reveals a long history, dating back to 1971 when the current owner, Malcolm Dawson, first purchased a butcher's shop. Initially a traditional local business, it evolved over the years, expanding to multiple shops across the North East and eventually transitioning to a wholesale operation. The website highlights a wide range of products, from fresh eggs and pork to salmon and roast joints, catering to both retail and wholesale customers. It’s open seven days a week and located in Seaton Delaval.

Financially, Prime Cut Butchers Ltd presents a mixed picture. While the company’s net assets increased by 16% to £2,600,000, its cash reserves saw a significant jump, rising by 270% to £170,000. However, bank borrowings decreased by 35%, reaching £170,000. Trade debtors fell by 3.3%, suggesting better collection practices, but creditors increased by 49%, to £230,000. Depreciation on plant and machinery decreased by 11%, and the company’s small size—meeting two of three criteria for a small company—helps it maintain agility. The unaudited accounts, exempt due to its size, are based on director-reported data.

Overall, Prime Cut Butchers Ltd appears to be financially stable, with increased assets and cash reserves. The company’s long-standing presence and diverse product range suggest a resilient business model, although the increase in creditors warrants further monitoring.

Registered in England/Wales under the registration number 07111681, with a registered address at E5 9NA, England, London, Js & Co Accountants, 26 Theydon Road.

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