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Premium Leasing Limited

07345106

active
Private Limited Company
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
20/30
Financial
30/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 24 outstanding charges (-10)

Details

C/O THOMPSON COMMERCIALS LIMITED SALVESEN WAY, HULL, HU3 4UQ
Incorporated 13/08/2010

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

77390
Renting and leasing of other machinery, equipment and tangible goods

Officers

Mr Paul Thomas Simpson

director · Since 13/08/2010

DIRECTOR

BRITISH · ENGLAND · Age 63

Also on 5 other boards

Mr Paul Thomas Simpson

secretary · Since 29/07/2016

Also on 5 other boards

Mr James Jon Swaby

director · Since 17/12/2021

DIRECTOR

BRITISH · ENGLAND · Age 38

Also on 10 other boards

Mr Robert Ellis Thorpe

director · Since 17/12/2021

DIRECTOR

BRITISH · UNITED KINGDOM · Age 50

Also on 12 other boards

Persons with Significant Control

Thompson Commercials Group Limited

75–100% shares
75–100% votes
Appoint directors

Newbegin House, Leads Road, Hull, HU7 0DG

Reg: 07345828 · Companies House · Limited

Notified 06/04/2016

Charges24 outstanding

Charge
outstanding

LLOYDS BANK PLC · LLOYDS UDT LEASING LTD

Created 18/11/2022Registered 18/11/2022
Charge
outstanding

PAUL SIMPSON · MAIRI ANN SIMPSON · GEORGE PAUL SIMPSON · GRACE ELIZABETH SIMPSON · THERE ARE MORE THAN FOUR PERSONS ENTITLED

Created 17/12/2021Registered 23/12/2021
Charge
outstanding

HSBC UK BANK PLC

Created 08/04/2019Registered 12/04/2019
Charge
satisfied

SANTANDER UK PLC

Created 04/07/2017Registered 05/07/2017Satisfied 21/10/2021
Charge
outstanding

ABN AMRO LEASE N.V., UK BRANCH

Created 01/08/2016Registered 04/08/2016
Charge
outstanding

ABN AMRO LEASE N.V.

Created 24/05/2016Registered 08/06/2016
Charge
outstanding

HSBC ASSET FINANCE (UK) LTD · HSBC EQUIPMENT FINANCE (UK) LTD

Created 19/05/2016Registered 19/05/2016
Charge
outstanding

ABN AMRO LEASE N.V.

Created 25/04/2016Registered 25/04/2016
Charge
outstanding

ABN AMRO LEASE

Created 09/02/2016Registered 09/02/2016
Charge
outstanding

ABN AMRO LEASE N.V.

Created 08/02/2016Registered 08/02/2016
Charge
outstanding

ABN AMRO LEASE N.V.

Created 03/12/2015Registered 03/12/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 04/11/2015Registered 04/11/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 08/09/2015Registered 08/09/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 08/06/2015Registered 09/06/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 08/06/2015Registered 08/06/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 09/03/2015Registered 09/03/2015
Charge
outstanding

SANTANDER ASSET FINANCE PLC

Created 24/02/2015Registered 25/02/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 06/02/2015Registered 06/02/2015
Charge
outstanding

ABN AMRO LEASE N.V.

Created 30/12/2014Registered 30/12/2014
Charge
outstanding

ABN AMRO LEASE N.V.

Created 01/12/2014Registered 16/12/2014
Charge
outstanding

ABN AMRO LEASE N.V.

Created 02/10/2014Registered 02/10/2014
Charge
outstanding

BARCLAYS MERCANTILE BUSINESS FINANCE LIMITED

Created 20/03/2014Registered 01/04/2014
Charge
satisfied

BARCLAYS BANK PLC

Created 03/03/2014Registered 05/03/2014Satisfied 07/07/2017
Charge
outstanding

ABN AMRO LEASE N.V.

Created 31/01/2014Registered 05/02/2014
Charge
outstanding

ABN AMRO LEASE N.V.

Created 31/01/2014Registered 05/02/2014
charge
outstanding

LOMBARD NORTH CENTRAL PLC

Created 10/02/2012Registered 16/02/2012

CompanyRankvs 2024+ SIC 77390 peers
39

Financial strength98th percentile among SIC peers · 25/25
Employees11th percentile among SIC peers · 2/15
LiquidityCurrent ratio 0.32× · 2/20
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 strength25/25 pts

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

Employees2/15 pts

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

Liquidity2/20 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

we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going co

Key FinancialsYear ending 31/12/2024

Turnover

£16.5M

Annual revenue

Net Worth

£5.2M

Balance sheet strength

Cash

£437k

Cash in the bank

Profit Before Tax

£1.7M

Bottom line earnings

Net Current Assets

-£8.4M

Working capital

Current Assets

£4.1M

Current Liabilities

£12.5M

Fixed Assets

£33.1M

Debtors

£3.5M

Cost of Sales

£13.6M

Gross Profit

£2.9M

Admin Expenses

-£17k

Operating Profit

£2.9M

Profit After Tax

£1.4M

0avg. employees

Tax at Year End

Corp tax£123k
Dividends paid£480k

Balance Sheet

Assets less current liabilities£24.7M
Prepared with IRIS Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20240.32+£899k
20230.36+£638k
20220.30+£1.0M
20210.29+£780k
20200.40+£214k
20190.27+£264k
20180.24

Derived from filed accounts. Not audited figures.