Premier Decorations Limited
02217683
Some Concerns
- Loss before tax (-10)
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
- 2 outstanding charges (-4)
Details
Compliance
Last accounts
30/06/2025
full
Next accounts due
31/03/2027
Confirmation statement
Last: 22/05/2025
Due 05/06/2026
Industry
Officers
director · Since 01/07/1991
DIRECTOR
BRITISH · UNITED KINGDOM · Age 73
Also on 22 other boards
director · Since 17/08/1991
DIRECTOR
BRITISH · HONG KONG · Age 64
Also on 18 other boards
director · Since 08/06/2005
H & S TRAINING
BRITISH · UNITED KINGDOM · Age 48
Also on 2 other boards
director · Since 08/06/2005
ADMINISTRATOR
BRITISH · ENGLAND · Age 71
Also on 10 other boards
secretary · Since 29/07/2025
Persons with Significant Control
Mr Jarnail Singh Athwal
British · England · Age 73
Premier House, Ruislip, HA4 0EJ
Notified 22/05/2017
Premier Ltd
Premier House, Braintree Road, Ruislip, HA4 0EJ
Reg: 2216895 · Companies House · Limited Company
Notified 08/04/2025
Charges2 outstanding
HSBC BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
MIDLAND BANK PLC
LLOYDS BANK PLC
LLOYDS BANK PLC
CENTURY LIMITED
LLOYDS BANK PLC
CompanyRankvs 11380+ SIC 46499 peers53
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
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
and the continued availability of the Company’s banking facilities. Having considered these factors, the directors are satisfied that it is appropriate to prepare the financial statements on a going concern basis and that no material uncertainties exist which may cast significant doubt on the Company’s ability to continue as a going concern. Strategic report Certain matters required by regu
Key FinancialsYear ending 30/06/2025
Turnover
£24.5M
Annual revenue
Net Worth
£298k
Balance sheet strength
Cash
£593k
Cash in the bank
Profit Before Tax
-£1.1M
Bottom line earnings
Net Current Assets
-£675k
Working capital
Current Assets
£10.9M
Current Liabilities
£11.6M
Fixed Assets
£986k
Debtors
£1.6M
Cost of Sales
£14.7M
Gross Profit
£9.8M
Admin Expenses
£5.7M
Operating Profit
£22k
Profit After Tax
-£882k
Tax at Year End(2024)
People Costs
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 0.94 | -£882k |
| 2024 | 1.01 | — |
Derived from filed accounts. Not audited figures.