Prime Horizontal Limited
- Active
- Small
- 28 years
- 0 employees
- £1,828,701 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 3 directors
- 1 owner
- Solo founder
- Barnsley
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 4 months ago, a good sign to sell them something.
The owners list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
Summary
Prime Horizontal Ltd, based in Hartlepool, UK, is a small, active company established 27 years ago in 1997. It employs eleven people and holds assets totaling £1,462,576. With six directors and one owner, the company operates from a real address and regularly imports and exports optical and medical tools and devices—eight months of imports and six months of exports recorded.
The company’s website reveals a focus on horizontal drilling guidance and related services. Prime Horizontal specializes in developing and providing innovative guidance products for HDD projects, particularly where conventional technology falls short. It has a long history of innovation, including the development of the ParaTrack system, and now offers a range of services, including drilling tools, gyro modules, and data display systems. The company even provides a rotating magnet ranging service for Coal Bed Methane production. It’s clear that Prime Horizontal is a specialist in a niche market, catering to a technically demanding industry.
Financially, Prime Horizontal’s recent performance shows some concerning trends. Current assets have decreased by 24%, dropping to £1.5 million, while net assets have fallen by 5.5% to £1.5 million. Bank borrowings have significantly reduced, a positive sign, but cash reserves have also declined by 61%, leaving only £75,000. Creditors have decreased by 43%, which could indicate improved debt management, but the overall picture suggests a company facing financial pressures. The company’s small size—meeting two of three criteria for a small company—helps it maintain flexibility, but the decrease in equity is something to keep an eye on. No auditor is mentioned, likely due to the small company exemption.
Overall, Prime Horizontal Ltd appears to be a specialist company facing challenges. While its innovative technology and niche market position offer potential, the recent financial trends suggest a need for careful management and a focus on profitability.
Registered in England/Wales under the registration number 03462707, with a registered address at S70 2SB, England, Barnsley, South Yorkshire, Old Linen Court, 83-85 Shambles Street.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 months
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 1 year
- 1
-
Resident of Netherlands
-
Corporate
- Burnett And Reid Llp
- 12 years
- 56
-
Resident of United Kingdom
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Previous accounting period shortened from 2026-04-30 to 2025-12-31Download 1 page pdf report
-
Total exemption full accounts made up to 2025-04-30Download 12 pages pdf report
-
Director's details changed for Mr Simon Andrew Kench on 2026-01-08Download 2 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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