Primelink Limited

Primelink Limited, based in Mitcham, UK, is a small, active family business established 25 years ago. With £330,829 in assets and a virtual address, the company is run by two directors and two owners. It’s a regular importer, specializing in electrical machinery and equipment, with 125 months of import activity recorded, though the last operation was in 2021.

Primelink Limited operates as a transport and haulage company, providing a range of services from deliveries to freight forwarding. The business, located in Greenhithe, Kent, has been in operation for 20 years, and prides itself on reliable service and experienced staff. The website highlights its commitment to safety and efficiency, catering to both business trips and special occasions. It’s a family-run operation, and the website details a focus on customer satisfaction and seamless transport experiences.

Financially, Primelink Limited presents a mixed picture. While bank borrowings decreased slightly, cash reserves have fallen significantly by 34%, dropping to £140,000. Profit and comprehensive income have also plummeted, with a reduction of 96% to just £1,100. Creditors have decreased by 17%, suggesting improved debt management, but a rise in trade debtors by 21% could indicate payment delays. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, likely due to its small size and exemption from an audit. The decrease in profits, however, is concerning and could be a sign of increased competition or rising operational costs.

Registered in England/Wales under the registration number 03997517, with a registered address at CR4 3BW, Mitcham, Surrey, 170 Church Road.

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