Prime Irrigation Ltd.

Prime Irrigation Ltd, based in Darsham, Saxmundham, UK, is a small, holding company with an active status, celebrating 50 years since its founding in 1975. The company employs 23 people and holds assets valued at £2,728,977. With five directors and one owner, it maintains a real address and boasts a solid 4.0 Google rating based on 13 reviews. Prime Irrigation is a regular importer, specializing in machinery, boilers, and mechanical appliances, with recent import activity recorded as of September 2024.

The company’s website highlights its expertise in designing, installing, and maintaining irrigation systems for agriculture, sports turf, and golf courses. Services range from initial concept design to installation, repair, and supplying replacement parts. They even have a partnership with Trenching Services, expanding their capacity and bringing in a highly experienced team. The website also mentions a parts store with Hunter and Rain Bird lines, and a focus on providing high-quality, efficient systems.

Financially, Prime Irrigation Ltd’s report reveals a mixed picture. While cash reserves increased by a healthy 32% to £1.1 million, net assets only rose by 12% to £2.5 million. Trade debtors increased by 2.3% to £950,000, and creditors jumped significantly by 40% to £730,000. Interestingly, bank borrowings remained steady, and the number of employees decreased slightly to 21. The company meets the criteria to be considered a small business, with turnover below £10.2 million and assets under £5.1 million. With no auditor mentioned, the financial statements are unaudited.

Overall, Prime Irrigation Ltd appears to be a stable, established business, but the increase in creditors suggests a need to manage cash flow carefully. The company’s focus on specialized irrigation services and its long history in the industry provides a strong foundation for future growth, though it’s important to monitor the financial trends closely.

Registered in England/Wales under the registration number 01208495, with a registered address at IP17 3BP, Darsham Saxmundham, Suffolk, Trustans Farm, Westleton Road.

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