Premium Services 24/7 Ltd

Premium Services 24/7 Ltd is a small, active company based in London, UK, founded eight years ago on October 03, 2016. With just one employee and £1,305 in assets, it operates within the retail sale via mail order houses or via internet industries. The company has a real address at 2 Rixon House Barnfield Road, Plumstead, and is led by two directors, including Boqor Qali, who also serves as the sole owner.

The business appears to be focused on online retail, although a dedicated website isn’s available to analyse. This suggests a potential reliance on third-party platforms or a more discreet online presence.

Financially, Premium Services 24/7 Ltd is facing some challenges. Current assets have plummeted by a staggering 94%, dropping from £21,000 to just £1,300. Equity has also taken a hit, declining by 46% to -£66,000. Bank borrowings are steady, but creditors have increased slightly. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the significant drop in equity raises concerns. Cash on hand is minimal at just £5, and property, plant, and equipment is now zero. The accounts are unaudited and exempt from audit, relying on director-reported data.

While the company's active status and two directors indicate ongoing operations, the financial data paints a picture of a business struggling to maintain its financial health. It’s possible the company is reinvesting heavily in its business, but the lack of positive cash flow is concerning.

Registered in England/Wales under the registration number 10407157, with a registered address at SE18 3TX, England, London, 2 Rixon House Barnfield Road, Plumstead.

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