Thepremier Ltd

Thepremier Ltd is a small, active company registered in London, UK, founded two years ago in October 2022. It’s a solo founder operation with one director and one employee, holding just £418 in assets. The company operates from a virtual address shared by 4538 other businesses, raising questions about its physical presence.

Thepremier Ltd’s primary focus appears to be retail sales via mail order and internet, alongside information technology consultancy. Its website, Premierstores.co.uk, showcases a range of special offers on food and drink items, alongside a "Find your Premier" tool and a focus on customer convenience. The site highlights in-store offers and a commitment to providing a convenient shopping experience—a typical approach for a local convenience store chain.

Financially, Thepremier Ltd’s situation is a bit concerning. While it meets the criteria to be classified as a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), its equity sits at a negative £3,200, and net current assets are also negative at -£3,800. Cash reserves are a meager £420, and creditors are £4,200. The company’s fixed assets are £620, but intangible assets have also increased to £620. The lack of a reported auditor—likely due to its small size—means these figures are unaudited. It’s clear the company is burning through money, with losses outweighing any potential gains. The solo founder structure might be efficient, but it also concentrates risk on a single individual.

Registered in England/Wales under the registration number 14432774, with a registered address at EC1V 2NX, United Kingdom, London, 124 City Road.

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