Premier Seafoods Limited

Premier Seafoods Ltd, based in Grimsby, UK, is a small, family-run business with an active status, celebrating 29 years in operation. With 11 employees and £169,232 in assets, it's a well-established entity. The company, managed by three directors and owned by two individuals, maintains a real address and boasts a respectable Google rating of 4.0 based on 79 reviews. Premier Seafoods is a regular importer of fish and seafood, including shellfish and other water creatures, with 32 months of import activity recorded.

The company’s website, Kingcrab.co.uk, caters to both restaurants, pubs, and residential seafood lovers, offering fresh and frozen seafood at wholesale prices. It operates an e-commerce platform, showcasing a wide range of products from prawns and fresh fish to crab, lobster, and ready-made seafood meals. The website highlights its location in Grimsby, the "home of fish," and emphasizes its ability to source products at competitive prices through daily visits to the Grimsby Fish Market. Kingcrab.co.uk also features a blog detailing special offers and highlighting seasonal products, such as frozen lobsters.

Financially, Premier Seafoods Ltd shows some concerning trends. Cash bank on hand increased by 34% to £65,000, which is good news. However, net assets liabilities increased by 74% to £64,000, and bank borrowings decreased by 55% to £8,300. Creditors also decreased by 55% to £8,300. Trade debtors decreased by 19% to £31,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the increased liabilities suggest it may be burning through money. With no auditor mentioned, the figures are unaudited. The company’s focus on wholesale and online sales, combined with its family-run nature, suggests a business that’s trying to balance tradition with modern retail practices.

Registered in England/Wales under the registration number 03114173, with a registered address at DN31 3HF, England, Grimsby, North East Lincolnshire, 3 Riby Street.

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