Prime Projects (south Eastern) Limited

Prime Projects South Eastern Ltd, based in London, UK, is a small, active company established nine years ago. With four employees and £728,726 in assets, it operates from a virtual address – a detail flagged by fifty other companies registered at the same location. The company is led by five directors, though no owners are officially listed. It's an irregular importer, primarily bringing in optical and medical tools and devices, with the last recorded import occurring two months ago in January 2023.

The company specializes in design, manufacture, and installation of structural architectural steelwork, structural propping, and shoring equipment, alongside steelwork for water utilities. Its website highlights services including structural steel bridges, architectural metalwork, and temporary works shoring propping. They even offer a sale and buy-back option for steel equipment. The company’s website also mentions units in Ipswich, and a phone number of 01707 552946.

Financially, Prime Projects South Eastern Ltd presents a mixed picture. While cash reserves declined by 37% to £63,000, creditors decreased by 20% to £210,000, suggesting improved debt management. However, current assets have fallen significantly by 31% to £730,000, and trade debtors have plummeted by a dramatic 91% to just £40,000. The company’s net assets have increased by 15% to £150,000, but bank borrowings have decreased by 22% to £170,000. It’s a small company, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the lack of an auditor suggests it's exempt from an audit. The company’s financial statements are unaudited.

Registered in England/Wales under the registration number 09975014, with a registered address at NW2 1NT, England, London, 17 Pennine Parade, Pennine Drive.

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