Premium Turf-care Limited

Premium Turf Care Ltd, based in Ipswich, UK, is a sizable company operating as a holding company with an active status. Founded seven years ago in 2017, it employs twenty people and holds assets totaling £9,979,469. The company has a real address and is managed by three directors and one owner. They regularly import machinery, boilers, and mechanical appliances—parts, with 221 months of import activity, and export vehicles, parts, and accessories (excluding trains and trams), with 96 months of export activity.

The company’s website reveals a focus on lawn care and fertilization services. Premium Turfcare positions itself as a provider of “maximum potential” for residential properties, offering services ranging from sod installation and seeding to fertilization and pest control. They emphasize a family-owned, locally operated approach, contrasting with larger companies focused on volume. The website details a six-step premium package, promising year-round lawn maintenance and protection. They also offer specialized treatments for pests like Spotted Lanternflies and Fleas and Ticks. A section on “intense therapy” highlights core aeration and overseeding services, and they even offer complete lawn renovation.

Financially, Premium Turf Care Ltd presents a mixed picture. While cash and cash equivalents increased by a substantial 140% to £2,800,000, overall net assets only increased slightly to £5,800,000. Administrative expenses increased by 13% to £2,600,000, and director remuneration rose by 5.1% to £210,000. Creditors increased significantly by 41% to £4,400,000, and bank borrowings increased by 2,400%. The company meets two of three criteria to be classified as a large company, with turnover exceeding £36 million, balance sheet total exceeding £18 million, and twenty employees. The audit fees expense increased by 55% to £30,000. The company’s current assets increased by 39% to £10,000,000. The company is audited by Ensors Accountants LLP. These trends suggest the company is expanding its operations, but also taking on more debt to finance that growth. It’s possible that increased marketing efforts or investments in equipment are driving these changes.

Registered in England/Wales under the registration number 11016786, with a registered address at IP3 9RT, England, Ipswich, Suffolk, 3-5 Foxtail Road, Ransomes Europark.

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