Premier Housewares Limited

Premier Housewares Ltd, based in Glasgow, UK, is a sizable company with an active status, having been incorporated fourteen years ago in June 08, 2010. Employing 111 people, the company boasts substantial assets of £18,748,942 and generates a yearly revenue of £12,839,024. With a real address and a single director and owner, it maintains a respectable Google rating of 4.0 based on 27 reviews. The company is a regular importer and exporter of furniture, lighting, and prefabricated buildings, with 595 months of import activity and 95 months of export activity.

Premier Housewares operates as a wholesaler, supplying furniture and interior goods. Their website showcases a wide range of products, from seating and tables to kitchenware and bathroom accessories. They offer both retail and trade customers, and their online presence suggests a focus on providing a diverse selection of goods. The site also highlights a commitment to showcasing new products and trends, with sections dedicated to new arrivals and inspiration.

Financially, Premier Housewares Ltd has experienced some challenges. While turnover remained relatively stable at £13 million, net assets decreased significantly, dropping 70% to £1.1 million. Cash reserves have also taken a hit, falling 35% to £3.4 million. Bank borrowings have surged by 2,400%, reaching £29,000. Despite these concerns, creditors decreased by 18%, indicating improved debt management. The company meets two of three criteria to be considered a large company, with turnover of £13 million, assets over £18 million, and 111 employees. The company's financial statements were audited by WDM Chartered Accountants.

The decline in equity and cash reserves suggests the company may be facing increased operating expenses or challenges in managing its working capital. However, the decrease in creditors and the continued import and export activity indicate that Premier Housewares Ltd is still actively engaged in its core business. It’s likely the company is navigating a competitive market and adapting to changing customer demands.

Registered in Scotland under the registration number SC379972, with a registered address at G14 0QP, Glasgow, 55 Jordanvale Avenue.

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