Premier Access Solutions Ltd

Premier Access Solutions Ltd, based in Birmingham, UK, is a small holding company with an active status, established sixteen years ago in 2009. The company employs 48 people and holds assets worth £7,865,509. It has a real registered address and is overseen by one director and two owners. Google users rate it 4.0 out of 5 based on twelve reviews. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded over a year ago in August 2016.

The company’s website is minimal, offering little insight into its operations beyond a listing on Companies House. It doesn't appear to be an e-commerce business, and there's no visible online store or product catalog. Instead, it seems to function primarily as a holding company, likely supporting other ventures.

Financially, Premier Access Solutions Ltd presents a mixed picture. While net assets increased by 14% to £3.8 million, current assets have also increased by 36% to £7.9 million. However, bank borrowings have surged by 17% to £13,000, and cash reserves have jumped significantly to £38,000. Creditors have also risen by 30% to £6.6 million. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors could indicate a reliance on external financing. The company is exempt from an audit, so the financial statements are unaudited.

The company’s financial data also shows a decrease in the average number of employees by 12%, from 48 to 42. This could be due to restructuring or a shift in operational strategy. Overall, Premier Access Solutions Ltd seems to be navigating a period of change, balancing growth with increased financial obligations.

Registered in England/Wales under the registration number 06850491, with a registered address at B21 0BZ, Birmingham, West Midlands, 4/5 Middlemore Road, Smethwick.

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