Premier Refrigeration Limited

Premier Refrigeration Ltd, based in Fraserburgh, UK, is a small, family-run business with an active status. Founded 37 years ago in 1988, the company employs five people and operates from a real address at 79 Broad Street. With four directors and three owners reported, it’s a tight-knit operation. The business is an irregular importer, with its top import category being Optical and medical tools and devices, totaling one month of imports, the last operation was conducted on December 01, 2018.

Premier Refrigeration specializes in fishing boat refrigeration, ice makers, air conditioning, and bar coolers. Its website highlights expertise in installation, maintenance, and repair for fishing boats, and also caters to commercial and office refrigeration markets, including fridges, freezers, and air conditioning units. It even offers domestic fridge and freezer repair services. The company's website also reveals a history of providing services to the fishing industry since 1988.

Financially, Premier Refrigeration shows a mixed picture. Cash bank on hand decreased by 9.4% to £8,800, while creditors dropped significantly by 39% to £95,000. Trade debtors also saw a decline, falling 40% to £86,000. On a positive note, net assets increased by 66% to £37,000. The company’s size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—allows for flexibility. Property, plant, and equipment increased by 41% to £41,000, suggesting investment in its core operations. With no auditor mentioned, the unaudited statements rely on director-reported data.

Overall, Premier Refrigeration appears to be navigating a period of change. While some financial metrics show improvement, the decline in cash reserves and the lack of a formal audit warrant close monitoring. The company’s long-standing presence in the fishing industry and its expansion into commercial refrigeration suggest a resilient business model, but its future success will depend on maintaining its reputation for quality service and adapting to changing market conditions.

Registered in Scotland under the registration number SC111206, with a registered address at AB43 9AU, Fraserburgh, Aberdeenshire, 79 Broad Street.

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