Prm Waste Systems Limited

Prm Waste Systems Ltd, based in Wellington, UK, is a small, family-run business that’s been active for 26 years. Employing 22 people and boasting a real address, the company is led by six directors and owned by two individuals. It’s a well-established operation, regularly importing and exporting machinery, boilers, and mechanical appliances – parts, with 155 months of import activity and 13 months of export activity.

The company’s website reveals a focus on waste recycling machinery and equipment. Prm Waste Systems isn’t just a supplier; it’s a solutions provider. It offers a wide range of equipment, from aerobic food digesters to turbo crushers, catering to diverse needs within the waste management sector. A significant portion of the site is dedicated to the "PRM BioProcessor," an on-site organic waste digester designed to reduce waste volume and create soil enrichers. The website also highlights partnerships with specialist brands and offers servicing, maintenance, and parts – a comprehensive approach to customer support. It's clear that Prm Waste Systems is targeting businesses seeking sustainable waste management solutions, with a focus on both equipment sales and ongoing support.

Financially, Prm Waste Systems Ltd shows a mixed picture. Assets have declined by 23%, falling to £270,000, while net assets have also decreased by 10%, reaching £620,000. Bank borrowings have seen a dramatic decrease of 69%, dropping to £140,000, and cash reserves have fallen 80%, leaving just £170,000. Creditors have also decreased significantly, by 55%, to £840,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain nimble, but the decline in cash reserves and net assets warrants attention. The lack of an auditor mentioned suggests the company is exempt from an audit as a small entity.

Overall, Prm Waste Systems Ltd appears to be a stable, albeit slightly strained, operation. Its focus on specialized equipment and sustainable solutions positions it well within the waste management sector, but the recent financial trends suggest a need for careful management and potentially, increased revenue generation.

Registered in England/Wales under the registration number 03679321, with a registered address at TA21 9JH, England, Wellington, Somerset, 21 Knights Road 21 Knights Road, Chelston Business Park.

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