Premier Ship Models Limited

Premier Ship Models Ltd, based in Potters Bar, UK, is a small, active company founded 23 years ago. With 10 employees and £411,234 in assets, it’s a well-established business operating from a real address. Two directors and one owner oversee the company, which runs an e-commerce site and enjoys a Google rating of 4.0 from 54 reviews.

The company specializes in the manufacture of wooden products, cork articles, and offers retail sales online and through mail order. It also provides specialized design services for various industries. The business is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

A review of the company’s financials reveals some interesting trends. Cash reserves decreased by 12% to £170,000, while bank borrowings surged by 91% to £1,100. Creditors decreased by 37% to £81,000, which could indicate improved debt management. The most significant change is a 49% increase in retained earnings, jumping to £100,000—a positive sign of profitability. Trade debtors decreased by 17% to £130,000. The company’s fixed assets increased by 7.7% to £150,000. The lack of an auditor mentioned suggests it’s exempt as a small company.

Unfortunately, the company’s website is currently inaccessible due to a security issue—a 403 Forbidden error message indicates unauthorized access. This prevents a deeper dive into its online presence and current operations. Despite the website issue, Premier Ship Models Ltd appears to be a stable, albeit small, business with a solid foundation.

Registered in England/Wales under the registration number 04208528, with a registered address at EN6 3DQ, England, Potters Bar, Wenta Potters Bar, Unit 5a The Enterprise Centre, Cranbourne Road.

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