Premier Life Limited

Premier Life Ltd, based in London, UK, is a small, active company established 23 years ago. With 40 employees and £3,595,306 in assets, it operates from a real address and is managed by a single director and solo founder. The company maintains a 3.0-star Google rating based on 56 reviews. It functions as an irregular importer of stone, plaster, cement, and similar material products (last import September 1, 2023) and an irregular exporter of glass and glassware (last export December 1, 2021).

The company's website, PremierLifeStore, is currently "Opening Soon," requiring a password for access. It hints at a future retail venture powered by Shopify, designed by Out of the Sandbox. The site's focus seems to be online sales, but details about the products offered are scarce. It’s a bit strange that the store is not yet open.

Financially, Premier Life Ltd presents a mixed picture. While the company's net assets increased by 13%, reaching £820,000, cash reserves remained stable at £190,000. However, trade debtors have decreased significantly by 99%, which could indicate issues with collecting payments or a shift in sales strategy. Director remuneration increased by 7.7%, reaching £48,000. Finished goods and goods for resale have increased by 60%, reaching £3,400,000, which could be a positive sign of increased inventory levels. Bank borrowings stayed consistent at £9,600. The company is classified as a small entity, and the accounts are unaudited, so the figures rely on internal reporting.

Overall, Premier Life Ltd appears to be navigating a period of change. The upcoming launch of PremierLifeStore suggests a focus on online retail, but the financial data reveals a company that’s facing some challenges—perhaps related to payment collection. The lack of an auditor is typical for a small company, but it’s worth noting that the figures are not independently verified.

Registered in England/Wales under the registration number 04381883, with a registered address at NW10 7XR, England, London, 186 Brent Crescent, Park Royal.

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