PREMIER SEALANT SYSTEMS LIMITED Financials
- Company number
- 03000843CopyCopy
- Registered office
- Phase 9 Park Farm Road, Scunthorpe DN15 8QP
- Incorporated
- 13/12/1994
Company snapshot
- Status
- Active
- Employees
- 33 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-20.50%vs 20222022: £2.19M
Total Assets
-24.06%vs 20222022: £3.76M
Cash in Bank
-75.90%vs 20222022: £415.03K
Total Liabilities
-32.31%vs 20222022: £1.33M
Employees
+3vs 20222022: 30
In 2023, PREMIER SEALANT SYSTEMS LIMITED reported net assets of £1.74M. The same filing shows total assets of £2.86M, cash in bank of £100.01K and total liabilities of £903.43K. Reported headcount was 33 in 2023. Total Assets fell from £3.76M in 2022 to £2.86M in 2023 (-24.06%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-20.50%from £2.19M in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures PREMIER SEALANT SYSTEMS LIMITED filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+15.3%vs 2021+7.4% a year compound (CAGR)
Cash in Bank
+170%vs 2021+64.2% a year compound (CAGR)
Total Assets
+3.9%vs 2021+1.9% a year compound (CAGR)
Total Liabilities
-8%vs 2021-4.1% a year compound (CAGR)
Employees
+22.2%vs 2021+6Biggest increase
Cash in Bank+170%
£37.09K in 2021 to £100.01K in 2023
Biggest decrease
Total Liabilities-8%
£981.79K in 2021 to £903.43K in 2023
PREMIER SEALANT SYSTEMS LIMITED's filings pull in both directions between 2021 and 2023. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PREMIER SEALANT SYSTEMS LIMITED's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 60.96%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 31.63%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 11.07%2023
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 3.50%2023
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for PREMIER SEALANT SYSTEMS LIMITED by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 1.51M | 2.19M | 1.74M |
| Total Assets£ | 2.75M | 3.76M | 2.86M |
| Cash in Bank£ | 37.09K | 415.03K | 100.01K |
| Total Liabilities£ | 981.79K | 1.33M | 903.43K |
| Employees | 27 | 30 | 33 |
PREMIER SEALANT SYSTEMS LIMITED financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PREMIER SEALANT SYSTEMS LIMITED covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
PREMIER SEALANT SYSTEMS LIMITED reported net assets of £1.74M for 2023. That compares with £2.19M in 2022, a change of -20.50%.
PREMIER SEALANT SYSTEMS LIMITED reported total assets of £2.86M for 2023. That compares with £3.76M in 2022, a change of -24.06%.
PREMIER SEALANT SYSTEMS LIMITED reported cash in bank of £100.01K for 2023. That compares with £415.03K in 2022, a change of -75.90%.
PREMIER SEALANT SYSTEMS LIMITED reported 33 employees in 2023, compared with 30 in 2022.
Between 2021 and 2023, PREMIER SEALANT SYSTEMS LIMITED's net assets rose by 15.3%, cash in bank rose by 170%, total assets rose by 3.9% and total liabilities fell by 8%. Net assets compounded at 7.4% a year across the two years to 2023, from £1.51M to £1.74M. Reported headcount went from 27 in 2021 to 33 in 2023 (+6).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.