Premier Flight Services Limited

Premier Flight Services Limited, based in Billericay, UK, is a small, active company celebrating its 50th anniversary, having been founded in 1975. With just two employees and £37,143 in assets, it operates from a virtual address shared by 154 other companies, which is a little strange. The company is run by three directors, including the solo founder, Raymond Keith Pugh, and has a Google rating of 4.0 based on two reviews. It’s an irregular importer, primarily bringing in electrical machinery and equipment, with the last import recorded in October 2024.

The company’s website showcases a wide range of private jet charter services, targeting a high-end clientele across various industries, from music and entertainment to business travel and sports events. It offers services worldwide, with detailed information on destinations across Europe, North America, South America, and the Caribbean. The site also highlights a carbon offsetting program and provides detailed information on aircraft types, pricing, and empty leg opportunities. It's quite impressive.

Financially, Premier Flight Services Limited presents a mixed picture. Cash reserves have dramatically increased by 1200%, reaching £37,000, which is a positive sign. However, net assets have risen by 15%, reaching £24,000, and bank borrowings have increased by 160%, reaching £18,000. Trade debtors have completely disappeared, which could be good or bad. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the increase in borrowings suggests it might be relying on credit to maintain operations. There’s no auditor mentioned, which is common for small companies, meaning the figures are unaudited. Overall, Premier Flight Services Limited seems to be doing okay, but it's worth keeping an eye on its debt levels.

Registered in England/Wales under the registration number 01198119, with a registered address at CM12 0EQ, Billericay, Essex, Lakeview House, 4 Woodbrook Crescent.

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