Primewest Ltd

Primewest Ltd, based in Shipston-On-Stour, UK, is a small, active family business founded 21 years ago. With just three employees and £308,798 in assets, it operates from a real address and is overseen by two directors and two owners. The company regularly imports machinery, boilers, and mechanical appliances—parts, with 7 months of import activity recorded—and occasionally exports vehicles, parts, and accessories, with 1 month of export activity. It operates in the support activities for crop production industries.

Primewest’s website showcases its focus on environmentally aware farm machinery, particularly no-till drilling equipment. It manufactures and sells this equipment, and also offers contracting services, both on a long-term basis and for one-off jobs. The company even uses its own machinery for farming, demonstrating its products’ benefits to potential clients across Europe. The site also features a piano division, with a showroom in Harrods, London.

Financially, Primewest Ltd presents a mixed picture. Current assets decreased by 23%, while net assets remained steady. Bank borrowings increased slightly, and cash reserves fell by 8.4%. Creditors remained consistent, and trade debtors decreased significantly. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited accounts, prepared by Hazlewoods LLP, don’t mention an auditor.

The company’s financial health appears stable, but the decrease in current assets and cash reserves could indicate some financial strain. The company’s dual focus on farm machinery and piano restoration—a diverse range of products—suggests a strategy of diversification, but whether this is sustainable remains to be seen.

Registered in England/Wales under the registration number 04965756, with a registered address at CV36 4QD, England, Shipston-On-Stour, 5 The Maldens.

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