Premiere Chauffeur Drive Limited

Premiere Chauffeur Drive Ltd from Hayes UK is a small, active company founded 22 years ago in 2002. Employing 18 people, it holds £3,442,929 in assets and operates from a real address. With two directors and one owner, the company is a somewhat irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded as of January 2020.

The company’s website, Premier Executive Chauffeur Services, focuses on providing chauffeur services throughout Yorkshire and Lincolnshire, and even across the UK. It caters to both corporate and personal clients, offering airport transfers, weddings, and special occasion transportation in luxury Mercedes Benz vehicles. The website highlights customer testimonials praising punctuality, professionalism, and a comfortable, hassle-free experience. It also features blog posts discussing family travel, corporate golf days, and festival transportation—demonstrating a focus on customer convenience and seasonal demand.

Financially, Premiere Chauffeur Drive Ltd presents a mixed picture. Cash bank on hand increased significantly by 260%, reaching £1.3 million, which is a positive sign. However, net assets decreased by 14%, settling at £-3.1 million, indicating ongoing losses or accumulated deficits. Creditors rose by 17%, reaching £580,000, suggesting increased reliance on short-term financing. Despite this, trade debtors decreased by 51%, which could be a sign of improved payment collection. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Premiere Chauffeur Drive Ltd seems to be navigating a challenging financial landscape, with increased cash reserves offset by ongoing losses. The company’s focus on customer service and its niche transportation services could help it weather these pressures, but a careful eye on debt management will be essential.

Registered in England/Wales under the registration number 04550489, with a registered address at UB3 1DQ, England, Hayes, Middlesex, Unit A Crosspoint Distribution Park, Swallowfield Way.

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