Premier Chemicals Limited

Premier Chemicals Ltd, based in Peterborough, UK, is a small, active company founded 18 years ago. With five employees and £749,711 in assets, it operates from a virtual address, a fact highlighted by the presence of 260 other companies registered at the same location. The business is led by three directors and owned by two individuals, though the full ownership picture is likely more complex. Premier Chemicals is a regular importer of miscellaneous chemical products, having imported for 19 months, with the latest import in November 2024, and a regular exporter, having exported for a substantial 135 months, with the most recent export in February 2025.

The company’s website, Premier Chemicals Services LLC, reveals a Baton Rouge, Louisiana-based chemical distributor operating since 2000. It distributes chemicals to various industries, including chemical, energy, water treatment, and food manufacturing. The company boasts its own fleet of trucks for on-time deliveries and offers services like trailer rental, warehouse storage, and tank placement. It even blends liquid and dry formulations in a toll blending facility.

Financially, Premier Chemicals Ltd presents a mixed picture. While cash reserves have increased significantly by 180% to £150,000, current assets have decreased by 41% to £750,000. Bank borrowings have been drastically reduced, falling 86% to £44,000, and creditors have also seen a significant decrease of 61% to £310,000. Debtor levels have fallen by nearly half, dropping 49% to £450,000. The company's small size (meeting two of three conditions for being small) helps it remain flexible, but the decrease in equity raises questions. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data suggests it's navigating a period of change, potentially adjusting its operations. While cash flow has improved, the decline in assets and equity warrants closer monitoring. It’s likely the company is working to manage its debts and optimize its working capital, but the long-term health of the business remains to be seen.

Registered in England/Wales under the registration number 06135849, with a registered address at PE8 4BA, United Kingdom, Peterborough, The Old Town Hall Market Place, Oundle.

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