Premier Guillotine Systems Limited

Premier Guillotine Systems Ltd, based in Bradford, UK, is a small, family-run business with an active status. Founded 71 years ago in 1953, the company employs just two people and holds £220,122 in assets. It operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation occurring in December 2022.

The company's website showcases its expertise in paper cutting machinery. Premier Guillotine Systems specializes in used paper cutting guillotines, spare parts, maintenance, and repairs, catering to the print finishing and converting industries. They've also collaborated on developing the Cauh range of guillotines, including the world’s largest paper cutting guillotine. The website highlights a range of products, from Polar 137 ED flow line guillotines to paper drills and digital programmers, and encourages customers to call for discussion of their needs.

Financially, Premier Guillotine Systems Ltd presents a mixed picture. While current assets increased by 9.1% to £220,000, net assets decreased significantly by 46% to £48,000. Bank borrowings decreased by 59% to £7,500, and cash reserves increased by a substantial 120% to £120,000. Creditors increased by 70% to £190,000, and trade debtors decreased by 24% to £75,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in equity suggests potential financial pressure. No auditor is mentioned, likely due to the company’s exemption as a small entity. The increase in creditors may indicate a reliance on short-term financing.

Registered in England/Wales under the registration number 00521530, with a registered address at BD8 0JG, Bradford, West Yorkshire, Fairweather Green Works, Rear Of 900 Thornton Road.

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