Pritchard Patent Product Company (2001) Limited

Pritchard Patent Product Company (2001) Limited, based in Devon, UK, is a holding company with an active status, celebrating 23 years since its establishment. Employing 180 people and boasting a perfect 5.0 Google rating from seven reviews, it's a family business with five directors and four owners. The company regularly imports toys, games, and sports equipment (for three months), and exports the same items (for a substantial 69 months), demonstrating a long-standing presence in the international trade arena.

The company’s website, Pecorama, reveals a fascinating dual identity. While officially a holding company, its core business revolves around model railways and related attractions. Pecorama itself is a permanent model railway exhibition and tourist attraction, showcasing intricate layouts and offering a range of model railway products. The site also highlights the company's involvement in piano restoration, a venture with a history dating back to 1975, even boasting a presence in Harrods, London. This diversification suggests a resilient business model, adapting to changing market conditions.

Financially, Pritchard Patent Product Company (2001) Limited shows a mixed picture. While the number of employees decreased slightly by 3.3%, the company’s net assets remain steady at £83,000. However, the company’s loss deepened to -£140,000, and bank borrowings increased, suggesting a need for careful financial management. The company’s fixed assets are valued at £75,000, and it holds £75,000 in investments. The accounts, audited by A C Mole LLP, show a complex financial structure, typical of a holding company with diverse investments. The company’s subsidiaries, including Ratio Plastic Models Limited and Peco Publications & Publicity, Limited, contribute to its overall financial performance. It is likely that the company is facing some financial pressures, but its long-standing presence and diversified business model suggest a capacity to weather these challenges.

Registered in England/Wales under the registration number 04207727, with a registered address at EX12 3NA, Devon, Underleys Beer, Seaton.

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