Premier Supply Limited

Premier Supply Limited, based in Guildford, UK, is a small, active company founded eleven years ago in 2014. With six employees and £1,050,198 in assets, it operates from a real address and is managed by one director and owner. The business regularly imports and exports vehicles, parts, and accessories (excluding trains and trams), with 165 months of import activity and 262 months of export activity recorded.

The company’s website, premiersupply.co.uk, showcases a comprehensive range of Land Rover parts and accessories, catering to models from Series 1 to the latest Discovery Sport. It functions as an e-commerce platform, allowing customers to browse and purchase parts online. The site emphasizes a wide selection, competitive pricing, and a commitment to quality, featuring brands like TRW, Bosch, and Valeo. The website’s navigation is easy to use, and it has a dedicated section for each Land Rover model.

Financially, Premier Supply Limited’s recent performance presents a mixed picture. Current assets have decreased by 18% to £1,100,000, while net assets have increased by 7.4% to £370,000. Cash bank on hand has fallen by 6% to £500,000. Creditors have significantly decreased by 34%, suggesting improved debt management, but trade debtors have plummeted by 57%, which could indicate slower customer payments. Property plant and equipment have also decreased by 70%, which could be due to depreciation or asset sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in debtors warrants closer monitoring. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Premier Supply Limited appears to be a stable, if somewhat lean, operation. The focus on Land Rover parts and accessories, combined with an active e-commerce presence, positions it well within its niche market. However, the company needs to keep a close eye on its debtors and manage its cash flow effectively to ensure continued success.

Registered in England/Wales under the registration number 08943727, with a registered address at GU4 7BN, Guildford, Surrey, 6 Perram Works, Merrow Business Park.

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