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Premier Limited

02216895

active
Private Limited Company
england wales
Companies House
Health Score
76 / 100

Some Concerns

30/30
Filing
10/30
Financial
36/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 2 outstanding charges (-4)

Details

PREMIER HOUSE, BRAINTREE ROAD, MIDDLESEX, HA4 0EJ
Incorporated 03/02/1988

Compliance

Last accounts

30/06/2025

group

Next accounts due

31/03/2027

On track

Confirmation statement

Last: 10/05/2026

Due 24/05/2027

On track

Industry

64204
Activities of distribution holding companies

Officers

Mr Vinod Lachman Mahtani

director · Since 17/08/1991

DIRECTOR

BRITISH · HONG KONG · Age 64

Also on 18 other boards

Jarnail Singh Athwal

director · Since 17/08/1993

COMPANY DIRECTOR

BRITISH · UNITED KINGDOM · Age 73

Also on 22 other boards

Mrs Jito Kaur Athwal

director · Since 21/12/2010

DIRECTOR

BRITISH · ENGLAND · Age 71

Also on 10 other boards

Mrs Julie Anne Watmore

secretary · Since 29/07/2025

Persons with Significant Control

Mr Jarnail Singh Athwal

25–50% shares

British · England · Age 73

Premier House, Braintree Road, Middlesex, HA4 0EJ

Notified 22/05/2017

Charges2 outstanding

charge
outstanding

HSBC BANK PLC

Created 03/02/2012Registered 06/02/2012
charge
outstanding

MIDLAND BANK PLC

Created 30/12/1997Registered 03/01/1998

CompanyRankvs 105+ SIC 64204 peers
69

Financial strength97th percentile among SIC peers · 24/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 2865.55× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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How is this score calculated?
Financial strength24/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

continued availability of the Group’s banking facilities. Having considered these factors, the directors are satisfied that it is appropriate to prepare the consolidated financial statements on a going concern basis and that no material uncertainties exist which may cast significant doubt on the Group’s ability to continue as a going concern. Page 4 PREMIER LIMITED (FORMERLY KNOWN AS PREMIER P

Key FinancialsYear ending 30/06/2025

Net Worth

£10.5M

Balance sheet strength

Cash

£470

Cash in the bank

Net Current Assets

£3.2M

Working capital

Current Assets

£3.2M

Current Liabilities

£1k

Fixed Assets

£7.3M

Debtors

£3.2M

Profit After Tax

-£84k

73avg. employees

Tax at Year End(2024)

Corp tax£33k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20252865.55-£84k
2024176.42

Derived from filed accounts. Not audited figures.