Premier Fluid Solutions Limited

Premier Fluid Solutions Ltd, based in County Durham, UK, is a small, active company established 20 years ago. With 16 employees and £1,740,720 in assets, it operates from a virtual address, a fact highlighted by the presence of 22 companies registered at the same location. The company is a family business, managed by two directors and three owners. It regularly imports machinery, boilers, and mechanical appliances – parts, with 175 months of import activity recorded, the last in February 31, 2025. Export activity is less frequent, with just one month of electrical machinery and equipment exports as of June 2023. The company operates in the other specialised construction activities n.e.c. industries.

While a website isn't available for review, the company’s activities suggest a B2B focus, likely supplying equipment and parts to construction or industrial clients. It’s unlikely to be an e-commerce operation, given the nature of its products and the lack of an online presence.

Financially, Premier Fluid Solutions Ltd presents a mixed picture. Current assets increased by 27% to £1,700,000, while net assets rose by 19% to £1,400,000. Cash reserves experienced a significant boost, increasing by 180% to £360,000. However, creditors also jumped by 59% to £380,000, and bank borrowings increased by 14%. Trade debtors have also increased by 14% to £710,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the growth in assets, the increase in creditors and debtors suggests a need to carefully manage cash flow. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited director reports.

Overall, Premier Fluid Solutions Ltd appears to be financially stable, experiencing growth in key areas, but with a need to monitor its debt levels. The company’s family ownership and focus on specialized construction activities likely contribute to its resilience, though the virtual address is something to keep an eye on.

Registered in England/Wales under the registration number 05382764, with a registered address at DL17 8JH, County Durham, 37-38 Market Street, Ferryhill.

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