Premium Meat Selection Limited

Premium Meat Selection Ltd, based in Blackpool, UK, is a small, active company founded seven years ago in 2017. With seven employees and £250,198 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates in the wholesale of meat and meat products, importing regularly for nine months and exporting for fourteen months, with the last export operation taking place in 2019.

The company's website highlights its focus on quality over quantity, acting as a UK-based, independent meat and offal packer and wholesaler exporter. It works closely with smaller abattoirs and cutting plants, providing a wide range of fresh and frozen beef, veal, lamb, and mutton cuts and offal products for both UK and worldwide markets. The site emphasizes a focus on customer wants rather than what they can sell, and showcases a director with ten years of experience in the meat industry.

Financially, Premium Meat Selection Ltd presents a mixed picture. Current assets have fallen by 34%, dropping to £250,000, while bank borrowings have dramatically decreased by 90%, settling at £23,000. Cash reserves, however, have skyrocketed by 2100%, reaching £760—a significant change. Creditors have also seen a considerable decline, decreasing by 60%, suggesting improved debt management. The company meets two of three conditions to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), which helps maintain agility. Depreciation charges have increased for owned assets, furniture fittings, and plant machinery, indicating investment in equipment. The company is exempt from an audit as a small company.

Overall, Premium Meat Selection Ltd appears to be navigating a period of change. While asset values have decreased, the company seems to be managing its debts effectively, and the increase in cash reserves is a positive sign. The company’s focus on quality and customer relationships, coupled with its lean structure, may help it weather any future challenges.

Registered in England/Wales under the registration number 10926658, with a registered address at FY4 4QQ, England, Blackpool, Premium Meat Selection Ltd Clifton Industrial Estate, Cornford Road.

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