Premier Retail Limited

Premier Retail Ltd, based in Darwen, UK, is a small holding company with an active status, established fifteen years ago. Employing seven people and holding assets of £10,720,962, it operates from a real address and is overseen by two directors and one owner. The company regularly imports electrical machinery and equipment—a consistent activity spanning 66 months, with the last import occurring in April 2021—but exports these items irregularly, with only two months of activity recorded, the last in February 2021.

The company's website showcases a diverse portfolio of brands, including Peter Alexander and Smiggle, alongside a commitment to "Better Practices" and a focus on people, partners, planet, and product. It also highlights career opportunities, retail stores, support offices, a distribution centre, and corporate gift cards. An acknowledgement of Country demonstrates a commitment to recognizing Traditional Custodians of the land.

Financially, Premier Retail Ltd presents a mixed picture. While cash bank on hand decreased by 42% to £490,000, corporation tax recoverable increased significantly by 260% to £1,000,000. Amounts owed by group undertakings surged dramatically by 650% to £9,100,000, while accrued liabilities deferred income grew by 47% to £64,000. Current assets increased by a substantial 340% to £11,000,000, and debtors rose by 550% to £10,000,000. The company’s small size—meeting two of three conditions for classification—helps it remain agile. The unaudited accounts, prepared using CCH Accounts Production software, do not include a detailed profit and loss statement, reflecting the small companies regime.

Despite the growth in assets and debtors, the significant increase in amounts owed by group undertakings and the decline in cash reserves suggest Premier Retail Ltd may be relying more heavily on external funding. The lack of an auditor mentioned indicates the company is exempt from a full audit, and the financial data relies on director-reported figures.

Registered in England/Wales under the registration number 07232944, with a registered address at BB3 0RW, Darwen, Lancashire, Global Way.

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