Premier Automation Limited

Premier Automation Ltd, based in Bedford, UK, is a small holding company with an active status, celebrating 24 years since its founding in 2000. The company employs 22 people and holds assets valued at £3,785,873. Boasting a perfect 5.0 Google rating from three reviews, it operates from a real address and is overseen by four directors and one owner. Premier Automation is an irregular importer, primarily dealing in electrical machinery and equipment, with recent import activity recorded just two months ago.

The company specializes in robotic automation and control systems, designing and building new systems, integrating used robots, and modifying existing automated systems. Their website highlights expertise in areas like robot systems, manufacturing, control systems, programming, upgrades, relocation, and support. They cater to various industries, offering solutions for machine tending, robotic welding, gasket dispensing, palletizing, and more. The company’s website clearly positions it as a specialist, offering both new and refurbished robotic solutions, and even offering relocation services.

Financially, Premier Automation Ltd shows a mixed picture. While cash reserves increased by a substantial 28% to £2.2 million, net assets remained relatively stable at £1.4 million. However, creditors have risen dramatically, increasing by 140% to £2.5 million, which could indicate increased borrowing or extended payment terms. Debtors have also surged, rising by 150% to £1.6 million, suggesting potential challenges in collecting payments. Despite these pressures, the company’s small size—meeting two of three conditions for a small company—allows for agility. The company’s unaudited financial statements, which show a decrease in accrued liabilities, rely on internal reporting. The company's net current assets also decreased by 4.4% to £1.3 million.

Overall, Premier Automation Ltd appears to be navigating a period of growth and change. While the increase in debt warrants monitoring, the company’s strong reputation and specialized services suggest a solid foundation for continued success.

Registered in England/Wales under the registration number 04092133, with a registered address at MK41 0HU, England, Bedford, 14-15 Edison Road, Elms Farm Industrial Estate.

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