Premier Leather Ltd

Premier Leather Ltd is a small, family-run business based in London, UK, with an active status. Founded 25 years ago in April 2000, the company employs six people and holds assets totaling £2,376,294. It operates a real address and is managed by four directors and two owners. The company also runs an e-commerce site. Premier Leather Ltd regularly imports machinery, boilers, and mechanical appliances, parts with a three-month import history, and irregularly exports the same items with a one-month export history.

The company’s website, Premier Equine, showcases a wide range of equestrian wear and equipment. It’s a comprehensive online store catering to riders and horses, offering everything from riding helmets and boots to horse rugs and stable accessories. The site is well-designed and easy to navigate, with detailed product descriptions and high-quality images. It’s clear that Premier Equine is a significant part of the company's operations, driving online sales and brand visibility.

Financially, Premier Leather Ltd presents a mixed picture. Cash bank on hand increased by a substantial 15%, reaching £2.3 million, which is a positive sign. However, comprehensive income expenses decreased by 39%, dropping to £210,000. Trade debtors significantly decreased by 65%, falling to £59,000, which could indicate better collection practices or reduced sales on credit. Creditors also decreased by 10%, to £120,000. Net assets declined by 12%, reaching £2.3 million. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. The accounts are unaudited, as is common for small companies.

The company’s reliance on imports, particularly for machinery parts, could make it vulnerable to supply chain disruptions. The decrease in comprehensive income expenses suggests a need to carefully manage costs and improve profitability. Despite these challenges, Premier Leather Ltd’s established brand, diverse product range, and strong online presence position it for continued success.

Registered in England/Wales under the registration number 03963492, with a registered address at NW11 7TH, England, London, Pearl House, 746 Finchley Road.

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