Premier Coatings Limited

Premier Coatings Ltd, based in Smarden, UK, is a large, holding company with an active status, celebrating 42 years since its founding in 1982. Employing 17 individuals, the company holds assets totaling £3,614,582. With six directors and one owner, Premier Coatings Ltd maintains a stellar 5.0 Google rating based on 11 reviews. The company is a regular importer and exporter of plastics and plastic products, having imported for 20 months and exported for an impressive 125 months.

Premier Coatings Ltd operates in the other manufacturing and non-metallic mineral products industries, focusing on corrosion prevention, sealing, and waterproofing solutions for steel and concrete pipes, tanks, and structures. Their website showcases a range of applications, including buried, exposed surface, subsea, splash zone, and industrial coatings, as well as sealing, waterproofing, and gas-resistant membranes. The company offers both bespoke and off-the-shelf solutions, catering to a diverse range of industries. They even have a guide on surface preparation. Featured products include the Premier P1 system and Premtape Tropical, used in projects like the Namconson Gas Processing Plant in Vietnam.

Financially, Premier Coatings Ltd shows a mixed picture. Creditors increased by 28%, reaching £3.8 million, while cash bank on hand grew by 30% to £600,000. However, administrative expenses rose significantly by 38% to £650,000. Net assets also increased by 130% to £420,000, but net current assets decreased by 45% to -£180,000. The company's profit loss improved dramatically, shifting from a loss of £250,000 to a profit of £240,000. Despite a significant decrease in accumulated depreciation and impairment, the company's increased administrative costs and debt may suggest a period of investment and expansion, although it’s possible the increase in debt is a temporary measure. The company is audited by Moore Kingston Smith LLP.

Registered in England/Wales under the registration number 01636433, with a registered address at TN27 8PJ, Smarden, Kent, Marley Farm Industrial Estate, Headcorn Road.

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