Prime Skylights Limited

Prime Skylights Ltd from Maldon UK: a small, active company founded seven years ago, employs a single person, and holds £2,038 in assets. Operating from a virtual address and led by a solo founder and director, Mayhew Lucy, the business runs an e-commerce site specializing in skylights and balustrade glass solutions. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Prime Skylights UK, showcases a range of skylight collections and balustrade glass railings, offering both products and services. It prominently features discount codes and emphasizes quick links to contact information, shipping policies, and customer support. The site also offers language options (English, Franais, Espaol) and accepts a wide range of payment methods, from American Express to PayPal. It’s clearly focused on online retail, offering a modern e-commerce experience.

Financially, Prime Skylights Ltd presents a mixed picture. Cash bank on hand has increased significantly by 370% to £1,700, which is a good sign. However, net assets have decreased by 31% to -£1,500, suggesting the company is burning through cash. Creditors have also increased by 100% to £3,500, which could indicate reliance on short-term financing. The company’s average number of employees has decreased by 100% to zero, which is a big change from the previous year. Despite these challenges, current assets have increased by 160% to £2,000. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Prime Skylights Ltd appears to be navigating a difficult period. While the e-commerce site is active and well-presented, the financial data suggests the company is struggling to maintain profitability. It’s possible that the decrease in employees reflects a cost-cutting measure, or that the company is reinvesting heavily in its online presence.

Registered in England/Wales under the registration number 10779697, with a registered address at CM9 5AL, England, Maldon, Essex, The Old Police Station, West Square.

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