Primethorpe Paving Limited

Primethorpe Paving Ltd from Market Deeping, Peterborough UK: a small, active company founded 25 years ago, employs nine people, and holds £1,583,755 in assets. It operates from a virtual address and is a family business with two directors and three owners. The company runs an e-commerce site and enjoys a perfect 5.0 Google rating based on 178 reviews. It’s a regular importer of salt, sulphur, earths, stone, plaster, lime, and cement, with 96 months of import activity recorded.

Primethorpe Paving’s website showcases a wide range of natural stone paving, porcelain paving, and associated products like walling, copings, and fireplace hearths. It emphasizes competitive pricing, free delivery for orders over £750, and a commitment to quality craftsmanship. The site also features a blog with DIY guides, design inspiration, and maintenance tips—a clear effort to engage customers and establish expertise.

Financially, Primethorpe Paving Ltd’s report reveals some concerning trends. While current assets increased by 14% to £1,600,000, net assets surprisingly dropped 15% to £1,100,000. Bank borrowings surged by 140% to £40,000, and cash reserves fell 4.2% to £600,000. Creditors also increased by 23%, suggesting a greater reliance on short-term financing. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the drop in equity warrants further investigation. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

The company’s motor vehicle assets have increased significantly by 380%, which could be related to increased import activity. It’s worth noting that the company’s director signing financial statements is G N Brace. Overall, Primethorpe Paving Ltd appears to be navigating a period of change, with both opportunities and challenges ahead.

Registered in England/Wales under the registration number 03843267, with a registered address at PE6 8EA, England, Market Deeping, Peterborough, Cambridgeshire, 27 Market Place.

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