Premium Vision (leeds) Limited

Premium Vision Leeds Ltd, based in Guiseley, UK, is a small, family-run business with an active status. Founded twelve years ago in 2012, the company employs just two people and holds £219,649 in assets. It operates a real address and is led by two directors and owners, running an e-commerce site.

The company’s website, Premium Vision, focuses on retail sale via mail order and internet industries. It’s a niche operation, likely catering to a specific customer base. While the exact nature of the products isn't immediately clear, the online presence suggests a targeted approach to sales.

Financially, Premium Vision Leeds Ltd presents a mixed picture. Current assets have seen a significant jump, increasing by 600% to £220,000, a positive sign of increased liquidity. However, net assets have also experienced a dramatic shift, plummeting 650% to £220,000. Bank borrowings have increased by a staggering 2,400%, reaching £62,000, while cash reserves have increased by 950%, reaching £140,000. Creditors have also increased significantly, rising 110% to £160,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the sharp equity decline is concerning. The lack of an auditor is typical for a small, exempt company.

Overall, Premium Vision Leeds Ltd appears to be experiencing a period of rapid change. The increase in assets and cash reserves suggests growth, but the increased borrowing and decrease in equity raise questions about its long-term financial health. It’s likely the company is investing heavily in its e-commerce operations, but whether this will translate into sustainable profitability remains to be seen.

Registered in England/Wales under the registration number 08146983, with a registered address at CH1 2EY, England, Chester, Cheshire, Suite 1, First Floor Coachworks Arcade, Northgate Street.

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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