Premierchoice Limited

Premierchoice Ltd from Wisbech UK: a small holding company with an active status, celebrated its 20th anniversary this year, employing 155 people and holding assets of £3,542,046. It’s a real address, managed by four directors and one owner, and enjoys a stellar 5.0 Google rating based on 14 reviews. The company is an irregular importer, primarily dealing in man-made filaments and related materials, with the last import activity recorded one month ago in November 2022.

Premierchoice operates within the manufacture of soft furnishings industries. Its website is not available for analysis.

Financially, Premierchoice Ltd presents a mixed picture. Current assets have decreased by 3.3% to £3,500,000. Bank borrowings have been reduced significantly, dropping 35% for current instruments and 43% for non-financial ones. Creditors have also decreased, falling 17% overall. However, equity has increased by a substantial 21%, reaching £3,100,000. Trade debtors have fallen by 21%, which could be a positive sign of improved collections. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt due to its small size.

The company's net assets have increased by 0.75% to £3,800,000. The increase in equity, combined with reduced borrowings, suggests improved financial health, although the decrease in debtors warrants further investigation. The company’s financial statements are unaudited, and the accounts have been prepared in accordance with FRS 102.

Registered in England/Wales under the registration number 05250342, with a registered address at PE13 2TQ, Wisbech, Cambridgeshire, 3 Algores Way, Weasenham Lane.

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