Premier Manufacturing Ltd

Premier Manufacturing Ltd, based in Sheffield, UK, is a small, holding company with an active status. Founded six years ago in 2019, it employs 33 people and holds £674,119 in assets. The company, boasting a perfect 5.0 Google rating from 23 reviews, is an irregular importer of iron or steel products, with its last import activity recorded just one month ago. It’s a real address, with two directors and one owner reported.

Premier Engineering Yorkshire Ltd, the parent company, operates as a steel fabricator, offering a wide range of services including laser cutting, folding, and installation. The website highlights its work with local and national construction and shop fitting companies, particularly those requiring high-end, bespoke items. It even has a division dedicated to piano restoration, operating from Cambridge and showcasing its work in prestigious locations like Harrods.

Financially, Premier Manufacturing Ltd’s picture is mixed. Current assets decreased by 6.4% to £670,000, while net assets increased by 4.7% to £330,000. Bank borrowings decreased by 41%, and cash reserves fell by 33% to £100,000. Trade debtors increased by 21%, suggesting a possible shift in payment terms, and creditors decreased by 9.4%. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on bank borrowings and the decrease in cash reserves suggests it’s managing its finances carefully, but perhaps burning through money a little faster than it’s bringing it in. The parent company’s diverse operations—from steel fabrication to piano restoration—indicate a business with multiple revenue streams, but also potentially competing priorities.

Registered in England/Wales under the registration number 11844515, with a registered address at S6 1NL, United Kingdom, Sheffield, South Yorkshire, Northern Works, Underhill Lane.

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