Premier Paving & Tiles Limited

Premier Paving & Tiles Limited, based in Rochford, UK, is a small, active company founded seven years ago in 2017. With two employees and £293,018 in assets, it’s a modest operation led by two directors and a solo founder, Saraf Rishi. The company enjoys a stellar 5.0 Google rating from 19 reviews, reflecting strong customer satisfaction. It’s a regular importer of ceramic products, with 20 months of import activity recorded, the last in August 2022.

The company’s website, Premier Porcelain, focuses on selling porcelain paving tiles, slabs, and related accessories for both indoor and outdoor spaces. It offers a wide range of products, from patio tiles and swimming pool floor tiles to artificial grass and composite decking. The website emphasizes quality, value, and a broad selection, catering to both trade and retail customers. It even provides expert tips and blog content related to tile selection and maintenance.

Financially, Premier Paving & Tiles Limited presents a mixed picture. While current assets increased by 130% to £290,000, net assets also rose by 45% to £29,000. Bank borrowings surged by 140%, reaching £260,000, and creditors increased significantly. Trade debtors also ballooned by 210%, suggesting delayed customer payments. Cash reserves, however, fell 38% to £93,000. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which helps it remain flexible. With no auditor mentioned (likely exempt as a small company), the financial data relies on unaudited statements.

Overall, Premier Paving & Tiles Limited appears to be growing, but the increased debt and rising debtors suggest potential cash flow challenges. The company's strong online presence and positive customer reviews, however, indicate a solid foundation for future success.

Registered in England/Wales under the registration number 11079993, with a registered address at SS4 1ND, United Kingdom, Rochford, Essex, 29a Purdeys Way.

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