Premier Forrester Limited

Premier Forrester Ltd, based in York, UK, is a small, active company established seven years ago. With three employees and £482,592 in assets, it operates from a virtual address – a detail flagged by the registration of 327 other companies at the same location. The company is led by a solo founder and one director, Gee Michael William. It's a regular importer and exporter of machinery, boilers, and mechanical appliances; parts, with 68 months of import activity and 4 months of export activity recorded, the last import operation was made on December 01, 2024.

The company’s activities are described as management consultancy and acting as agents involved in the sale of machinery, industrial equipment, ships, and aircraft. It’s a small company, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company's website is not available, so it’s difficult to ascertain whether it operates as an e-commerce business.

Financially, Premier Forrester Ltd shows a mixed picture. Current assets have decreased by 26%, dropping to £480,000, while net assets have fallen 21%, settling at £430,000. Cash reserves have also declined by 56%, leaving just £71,000. Trade debtors have seen a significant drop of 55%, suggesting improved collection rates, but bank borrowings have increased, reaching £29,000. The company’s creditors have also decreased by 52%, which is a good sign. The lack of an auditor is not unusual for a small company.

The company's financial health appears to be under pressure, with a decrease in assets and cash reserves. It’s possible that the company is reinvesting in its business, or it could be facing challenges in maintaining profitability. The decrease in debtors and creditors suggests better management of short-term liabilities, but the overall trend warrants attention.

Registered in England/Wales under the registration number 11223239, with a registered address at YO30 4XG, England, York, North Yorkshire, 2 Clifton Moor Business Village, James Nicolson Link.

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