Premier Produce Scotland Ltd

Premier Produce Scotland Ltd, based in Glasgow, UK, is a small, family-run business with an active status, founded nine years ago. Employing 29 people, the company holds £2,057,034 in assets and operates from a virtual address – a point to note as 164 companies are registered at the same location. It's led by two directors and two owners, and maintains a respectable 4.0 Google rating from 22 reviews. The company is an irregular importer of edible vegetables and roots, with just two months of import activity recorded, the last in November 2023.

The company's website highlights its focus on wholesale fruit and vegetable distribution. It doesn't appear to be an e-commerce site, instead offering orders, accounts, and admin services via phone. A sitemap suggests a traditional B2B model, catering to commercial clients rather than individual consumers. The website is simple, with a login section for existing customers, and a clear emphasis on providing wholesale services.

Premier Produce Scotland Ltd's financial data reveals a mixed picture. While current assets increased by 20% to £2,100,000, net assets surged a remarkable 99% to £760,000, a significant improvement. Cash reserves grew by 7.2% to £500,000, and trade debtors increased by 23% to £1,500,000. However, bank borrowings rose by 3.5% to £43,000, and other taxation and social security payable jumped 240% to £260,000. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in payable suggests potential cash flow pressures. There's no auditor mentioned, consistent with its status as a small, exempt company.

Overall, Premier Produce Scotland Ltd appears to be financially stable, with growing assets and increased sales. The company’s success likely stems from its focus on wholesale distribution and its family-run nature. However, the rise in payable items warrants monitoring to ensure sustainable growth.

Registered in Scotland under the registration number SC518930, with a registered address at G5 0YE, Scotland, Glasgow, Unit 3, Kpp Chartered Accountants Morris Park, 37 Rosyth Road.

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