Prime Homeland Ltd

Prime Homeland Ltd is a small, active company based in Glasgow, UK, founded three years ago in 2021. With £34,628 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner. The business operates an e-commerce site, selling a variety of electronics and accessories. It’s a tight-knit operation with just one employee.

The company’s website, primehomeland, showcases a range of products, including headphones, batteries, and networking equipment from brands like Fitbit, Jabra, Ubiquiti, Duracell, and Energizer. It's clearly focused on tech accessories and offers free delivery and returns. The website also has a very extensive country selection, indicating a potential for international sales.

Financially, Prime Homeland Ltd shows some interesting trends. Cash reserves increased by a significant 160%, reaching £13,000, which is a positive sign. However, creditors decreased by 53%, dropping to £14,000, and debtors fell by 52%, suggesting a potential slowdown in collections. Equity also increased by 220%, reaching £20,000, which is a good indicator of retained earnings. Despite this, net assets and current assets both decreased slightly, by 7.1% and 7.1% respectively. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decrease in current assets is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

Overall, Prime Homeland Ltd seems to be holding its own, with improving cash flow but some challenges in managing debtors. It's a small, e-commerce focused business navigating the competitive electronics market.

Registered in Scotland under the registration number SC699926, with a registered address at G53 7SE, Scotland, Glasgow, 78 Langhaul Road.

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