PREMIUM QUALITY FOODS LTD. Financials
- Company number
- 03421973CopyCopy
- Registered office
- 251 Ilford Lane, Ilford, Essex IG1 2SB
- Incorporated
- 19/08/1997
Company snapshot
- Status
- Active
- Employees
- 16 (2024)
- Latest financial data
- 2024
- Accounts type
- Audited abridged
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
0.78%vs 20232023: £6.42M
Total Assets
26.24%vs 20232023: £17.13M
Cash in Bank
91.60%vs 20232023: £105.64K
Total Liabilities
60.43%vs 20232023: £3.19M
Employees
0vs 20232023: 16
In 2024, PREMIUM QUALITY FOODS LTD. reported net assets of £6.47M. The same filing shows total assets of £21.63M, cash in bank of £202.40K and total liabilities of £5.12M. Reported headcount was 16 in 2024. Total Assets rose from £17.13M in 2023 to £21.63M in 2024 (26.24%). Okredo holds filed figures for 2021–2024; 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
0.78%from £6.42M in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures PREMIUM QUALITY FOODS LTD. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
+1.5%vs 2022+0.7% a year compound (CAGR)
Cash in Bank
+70.9%vs 2022+30.7% a year compound (CAGR)
Total Assets
+31.2%vs 2022+14.5% a year compound (CAGR)
Total Liabilities
+60%vs 2022+26.5% a year compound (CAGR)
Employees
+6.7%vs 2022+1Biggest increase
Cash in Bank+70.9%
£118.41K in 2022 to £202.40K in 2024
Every indicator Okredo holds for PREMIUM QUALITY FOODS LTD. rose between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, with net assets, total assets, total liabilities and employee numbers climbing alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from PREMIUM QUALITY FOODS LTD.'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
- 29.91%2024
- 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
- 23.68%2024
- 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
- 3.95%2024
- 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
- 0.94%2024
- 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 PREMIUM QUALITY FOODS LTD. by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 6.28M | 6.38M | 6.42M | 6.47M |
| Total Assets£ | 16.66M | 16.49M | 17.13M | 21.63M |
| Cash in Bank£ | 99.19K | 118.41K | 105.64K | 202.40K |
| Total Liabilities£ | 3.23M | 3.20M | 3.19M | 5.12M |
| Employees | 14 | 15 | 16 | 16 |
PREMIUM QUALITY FOODS LTD. financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for PREMIUM QUALITY FOODS LTD. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
PREMIUM QUALITY FOODS LTD. reported net assets of £6.47M for 2024. That compares with £6.42M in 2023, a change of 0.78%.
PREMIUM QUALITY FOODS LTD. reported total assets of £21.63M for 2024. That compares with £17.13M in 2023, a change of 26.24%.
PREMIUM QUALITY FOODS LTD. reported cash in bank of £202.40K for 2024. That compares with £105.64K in 2023, a change of 91.60%.
PREMIUM QUALITY FOODS LTD. reported 16 employees in 2024, compared with 16 in 2023.
Between 2022 and 2024, PREMIUM QUALITY FOODS LTD.'s net assets rose by 1.5%, cash in bank rose by 70.9%, total assets rose by 31.2% and total liabilities rose by 60%. Net assets compounded at 0.7% a year across the two years to 2024, from £6.38M to £6.47M. Reported headcount went from 15 in 2022 to 16 in 2024 (+1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.