Primera Slate Company Limited

Primera Slate Company Ltd, based in London, UK, is a small, family business with an active status, established eleven years ago. The company employs just two people and holds £1,332,103 in assets, operating from a virtual address shared by numerous other companies. It’s managed by two directors and two owners, and maintains a perfect 5.0 Google rating based on a single review. The company regularly imports stone, plaster, cement, and similar materials, with the latest import activity recorded in November 2024.

The company’s website, primeraslate.co.uk, positions itself as a specialist importer of Spanish slate, supplying roofing tiles, sills, flooring, and other slate products to the construction industry. Based near Huntingdon, Cambridgeshire, Primera Slate emphasizes rigorous testing and compliance with European standards, sourcing slate from long-established Spanish quarries. The website highlights the quality, value, and sustainability of natural slate, catering to new builds, renovations, and self-build projects. It also provides transparent wholesale solutions and personal customer service.

Financially, Primera Slate Company Ltd presents a mixed picture. Cash bank on hand has significantly increased by 58% to £430,000, which is good news. However, net current assets and liabilities have also increased by 9.9% to £590,000. Trade debtors have decreased by 17%, which is a positive sign of improved collection. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible. While the company has seen a 10% increase in equity, the significant rise in creditors (2%) suggests a greater reliance on borrowing. With no auditor mentioned, the financial statements are unaudited.

Overall, Primera Slate Company Ltd seems to be growing, but it’s important to monitor its debt levels and ensure it can manage its increased liabilities. The family-run nature of the business and its focus on quality Spanish slate could provide a strong foundation for continued success, but careful financial management will be key.

Registered in England/Wales under the registration number 08957065, with a registered address at W1W 5PF, England, London, 167-169 Great Portland Street, 5th Floor.

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