Premier Tank Services Limited

Premier Tank Services Limited, based in Heywood, UK, is a small, active company founded seventeen years ago. With four employees and £1,145,683 in assets, it operates from a real address and is overseen by three directors and three owners. The company is a regular exporter of rubber and rubber products, with fourteen months of export activity recorded, the latest in February 2025. It’s also an irregular importer, with two months of import activity, the latest in November 2023.

Premier Tank Services Limited specializes in the manufacture of other general-purpose machinery n.e.c., and its website details a broader range of services. The company, previously the service division of The Premier Group of Companies, now offers pump maintenance, fuel quality testing, and refurbished pumps, catering to fuelling equipment needs across England, Wales, and Scotland. It also handles legal and compliance matters, including tank testing and vapour recovery inspections. The website emphasizes a solution-oriented approach, offering fully maintained service contracts and a large parts department to repair even obsolete equipment.

Financially, Premier Tank Services Limited shows a mixed picture. While cash reserves increased by a substantial 150% to £310,000, net assets rose by 110% to £60,000. However, accrued liabilities significantly increased by 240% to £290,000, and other creditors jumped by an eye-watering 1,400% to £75,000. Bank borrowings also rose by 93% to £39,000. 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 stay nimble, but the increase in liabilities suggests potential cash flow pressures. Director remuneration increased by 270% to £150,000, which could be a reflection of the company’s growth or a change in compensation structure. The company is exempt from an audit as a small company, so the financial data is unaudited. The significant increase in deferred tax expense credit relating to origination reversal timing differences, rising from -£52 to -£7,300, is also noteworthy.

Registered in England/Wales under the registration number 06456261, with a registered address at OL10 1LE, England, Heywood, Premier House, 40 Rochdale Road.

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