Premier Sports Solutions Limited

Premier Sports Solutions Ltd is a small, holding company based in London, UK, with an active status. Founded nineteen years ago in 2005, it employs eight people and holds assets valued at £1,216,984. The company operates from a virtual address, registered at C/O Band, 111 Charterhouse Street, which is likely a shared office space as twenty companies are registered there. It has two directors and one owner, though the owner list changed two years ago and is not exhaustive. Premier Sports Solutions is an irregular importer, primarily dealing with optical and medical tools and devices, with its last import activity recorded over five years ago in September 2019. The company operates as agents specializing in the sale of other particular products industries.

The company’s website is unavailable, making it difficult to determine the specifics of its operations beyond its import activities and agent role. It’s unclear if Premier Sports Solutions operates an e-commerce site or primarily works through established retail channels.

Financially, Premier Sports Solutions Ltd presents a mixed picture. While net assets increased by 19% to £1,000,000, and current assets rose by 14% to £1,200,000, other indicators are concerning. Bank borrowings have increased significantly, jumping by 350% to £380,000, and cash reserves have decreased by 95% to £59,000. Creditors have also increased by 18% to £390,000. The number of employees has risen by 38% to eleven, which could be a sign of growth, but also potentially a strain on resources. The company’s small size (meeting two of three conditions for a small company) allows it to remain agile, but the increase in debt and decrease in cash reserves suggest it may be burning through money. There's no auditor mentioned, likely due to its small size, meaning the financial statements are unaudited.

Registered in England/Wales under the registration number 05504926, with a registered address at EC1M 6AW, England, London, C/O Band, 111 Charterhouse Street.

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