premium leasing limited
premium leasing limited Company Information
Company Number
07345106
Next Accounts
Sep 2025
Shareholders
thompson commercials group ltd
Group Structure
View All
Industry
Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Registered Address
c/o thompson commercials limited, salvesen way, hull, east yorkshire, HU3 4UQ
Website
www.thompsoncommercials.compremium leasing limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM LEASING LIMITED at £9.1m based on a Turnover of £14.9m and 0.61x industry multiple (adjusted for size and gross margin).
premium leasing limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM LEASING LIMITED at £31.6m based on an EBITDA of £11.9m and a 2.65x industry multiple (adjusted for size and gross margin).
premium leasing limited Estimated Valuation
Pomanda estimates the enterprise value of PREMIUM LEASING LIMITED at £9.8m based on Net Assets of £4.3m and 2.29x industry multiple (adjusted for liquidity).
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Premium Leasing Limited Overview
Premium Leasing Limited is a live company located in hull, HU3 4UQ with a Companies House number of 07345106. It operates in the renting and leasing of other machinery, equipment and tangible goods n.e.c. sector, SIC Code 77390. Founded in August 2010, it's largest shareholder is thompson commercials group ltd with a 100% stake. Premium Leasing Limited is a established, mid sized company, Pomanda has estimated its turnover at £14.9m with rapid growth in recent years.
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Premium Leasing Limited Health Check
Pomanda's financial health check has awarded Premium Leasing Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 6 measures and has 3 areas for improvement. Company Health Check FAQs
6 Strong
2 Regular
3 Weak
Size
annual sales of £14.9m, make it larger than the average company (£9.6m)
£14.9m - Premium Leasing Limited
£9.6m - Industry AVG
Growth
3 year (CAGR) sales growth of 105%, show it is growing at a faster rate (7%)
- Premium Leasing Limited
7% - Industry AVG
Production
with a gross margin of 16.1%, this company has a higher cost of product (48.1%)
16.1% - Premium Leasing Limited
48.1% - Industry AVG
Profitability
an operating margin of 17.2% make it more profitable than the average company (11.6%)
17.2% - Premium Leasing Limited
11.6% - Industry AVG
Employees
with 66 employees, this is above the industry average (39)
- Premium Leasing Limited
39 - Industry AVG
Pay Structure
There is insufficient data available for this Key Performance Indicator!
- Premium Leasing Limited
- - Industry AVG
Efficiency
resulting in sales per employee of £225.3k, this is equally as efficient (£225.3k)
- Premium Leasing Limited
£225.3k - Industry AVG
Debtor Days
it gets paid by customers after 25 days, this is earlier than average (57 days)
25 days - Premium Leasing Limited
57 days - Industry AVG
Creditor Days
its suppliers are paid after 9 days, this is quicker than average (51 days)
9 days - Premium Leasing Limited
51 days - Industry AVG
Stock Days
it holds stock equivalent to 1 days, this is less than average (22 days)
1 days - Premium Leasing Limited
22 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 5 weeks, this is average cash available to meet short term requirements (6 weeks)
5 weeks - Premium Leasing Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 87.7%, this is a higher level of debt than the average (66.3%)
87.7% - Premium Leasing Limited
66.3% - Industry AVG
PREMIUM LEASING LIMITED financials
Premium Leasing Limited's latest turnover from December 2023 is £14.9 million and the company has net assets of £4.3 million. According to their latest financial statements, we estimate that Premium Leasing Limited has 66 employees and maintains cash reserves of £1.1 million as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 14,866,939 | 12,337,017 | 5,556,112 | 5,464,007 | 6,107,913 | 3,304,324 | |||||||
| Other Income Or Grants | |||||||||||||
| Cost Of Sales | 12,479,759 | 10,219,803 | 1,164,967 | 1,203,400 | 1,906,362 | 1,206,915 | |||||||
| Gross Profit | 2,387,180 | 2,117,214 | 4,391,145 | 4,260,607 | 4,201,551 | 2,097,409 | |||||||
| Admin Expenses | -169,318 | -42,565 | 3,676,046 | 3,364,772 | 3,458,088 | 1,610,673 | |||||||
| Operating Profit | 2,556,498 | 2,159,779 | 715,099 | 895,835 | 743,463 | 486,736 | |||||||
| Interest Payable | 1,217,371 | 700,433 | 377,321 | 697,341 | 405,296 | 214,603 | |||||||
| Interest Receivable | 23 | 78 | |||||||||||
| Pre-Tax Profit | 1,339,127 | 1,459,346 | 337,801 | 198,572 | 338,167 | 272,133 | |||||||
| Tax | -221,568 | -102,741 | -69,003 | -39,608 | -65,596 | -55,734 | |||||||
| Profit After Tax | 1,117,559 | 1,356,605 | 268,798 | 158,964 | 272,571 | 216,399 | |||||||
| Dividends Paid | 480,000 | 325,000 | 120,000 | 80,000 | 100,000 | ||||||||
| Retained Profit | 637,559 | 1,031,605 | 148,798 | 78,964 | 172,571 | 216,399 | |||||||
| Employee Costs | |||||||||||||
| Number Of Employees | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||||||
| EBITDA* | 11,899,268 | 9,945,140 | 4,454,695 | 4,259,618 | 4,217,642 | 2,106,116 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 30,711,418 | 30,409,208 | 28,318,115 | 17,761,629 | 13,406,783 | 11,202,593 | 11,595,255 | 12,710,922 | 11,623,985 | 7,376,043 | 4,700,121 | 3,378,773 | 961,263 |
| Intangible Assets | |||||||||||||
| Investments & Other | 389,868 | 389,868 | 389,868 | ||||||||||
| Debtors (Due After 1 year) | |||||||||||||
| Total Fixed Assets | 30,711,418 | 30,409,208 | 28,318,115 | 17,761,629 | 13,406,783 | 11,202,593 | 11,595,255 | 12,710,922 | 11,623,985 | 7,376,043 | 5,089,989 | 3,768,641 | 1,351,131 |
| Stock & work in progress | 44,091 | 9,250 | |||||||||||
| Trade Debtors | 1,040,422 | 667,827 | 582,978 | 502,280 | 535,639 | 305,434 | 491,070 | 221,819 | 221,146 | 298,166 | 401,188 | 179,358 | 141,293 |
| Group Debtors | 1,761,686 | 1,041,411 | 1,239,051 | 605,900 | 449,868 | 399,868 | 399,868 | 359,868 | 289,868 | 389,868 | |||
| Misc Debtors | 175,791 | 692,889 | 653,012 | 589,041 | 499,019 | 441,820 | 243,299 | 79,282 | 77,173 | 253,512 | 9,160 | ||
| Cash | 1,142,407 | 654,349 | 322,692 | 1,228,129 | 121,634 | 180,987 | 229,654 | 209,801 | 281,661 | 43,620 | 140,164 | 152,297 | 159,772 |
| misc current assets | 3,810 | ||||||||||||
| total current assets | 4,164,397 | 3,056,476 | 2,797,733 | 2,929,160 | 1,606,160 | 1,328,109 | 1,363,891 | 870,770 | 869,848 | 985,166 | 541,352 | 331,655 | 319,475 |
| total assets | 34,875,815 | 33,465,684 | 31,115,848 | 20,690,789 | 15,012,943 | 12,530,702 | 12,959,146 | 13,581,692 | 12,493,833 | 8,361,209 | 5,631,341 | 4,100,296 | 1,670,606 |
| Bank overdraft | 5,820 | 210,835 | 3,945 | 88,352 | |||||||||
| Bank loan | |||||||||||||
| Trade Creditors | 317,255 | 96,334 | 93,690 | 61,499 | 47,725 | 67,224 | 26,851 | 15,145 | 22,708 | 6,979 | 1,837,422 | 1,312,864 | 719,782 |
| Group/Directors Accounts | 544,623 | 1,813,728 | 2,215,807 | 2,251,460 | 1,077,725 | 1,191,155 | 924,712 | 828,931 | 809,988 | 546,166 | 7,500 | ||
| other short term finances | |||||||||||||
| hp & lease commitments | 9,180,800 | 7,886,110 | 6,938,889 | 4,700,945 | 4,359,809 | 3,833,782 | 3,711,482 | 3,469,370 | 3,054,766 | 2,039,628 | |||
| other current liabilities | 1,586,959 | 417,330 | 473,403 | 335,459 | 263,866 | 351,910 | 526,935 | 410,231 | 244,168 | 84,603 | |||
| total current liabilities | 11,629,637 | 10,219,322 | 9,721,789 | 7,349,363 | 5,959,960 | 5,448,016 | 5,278,332 | 4,723,677 | 4,131,630 | 2,677,376 | 1,837,422 | 1,320,364 | 719,782 |
| loans | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 150,000 | 45,839 | ||||
| hp & lease commitments | 18,814,943 | 19,274,164 | 18,503,453 | 11,365,657 | 7,291,625 | 5,585,705 | 6,377,524 | 7,703,523 | 7,228,696 | 4,528,161 | |||
| Accruals and Deferred Income | |||||||||||||
| other liabilities | 150,000 | 340,003 | 3,223,375 | 2,340,669 | 750,901 | ||||||||
| provisions | 6,318 | 184,840 | 134,853 | 57,979 | 62,712 | 33,986 | 64,136 | 33,020 | |||||
| total long term liabilities | 18,971,261 | 19,609,004 | 18,788,306 | 11,515,657 | 7,441,625 | 5,735,705 | 6,527,524 | 7,853,523 | 7,436,675 | 4,930,876 | 3,257,361 | 2,450,644 | 783,921 |
| total liabilities | 30,600,898 | 29,828,326 | 28,510,095 | 18,865,020 | 13,401,585 | 11,183,721 | 11,805,856 | 12,577,200 | 11,568,305 | 7,608,252 | 5,094,783 | 3,771,008 | 1,503,703 |
| net assets | 4,274,917 | 3,637,358 | 2,605,753 | 1,825,769 | 1,611,358 | 1,346,981 | 1,153,290 | 1,004,492 | 925,528 | 752,957 | 536,558 | 329,288 | 166,903 |
| total shareholders funds | 4,274,917 | 3,637,358 | 2,605,753 | 1,825,769 | 1,611,358 | 1,346,981 | 1,153,290 | 1,004,492 | 925,528 | 752,957 | 536,558 | 329,288 | 166,903 |
| Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Aug 2014 | Aug 2013 | Aug 2012 | Aug 2011 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||
| Operating Profit | 2,556,498 | 2,159,779 | 715,099 | 895,835 | 743,463 | 486,736 | |||||||
| Depreciation | 9,342,770 | 7,785,361 | 6,159,324 | 4,332,388 | 3,688,017 | 3,911,953 | 3,739,596 | 3,363,783 | 3,474,179 | 1,619,380 | 1,059,202 | 619,100 | 131,737 |
| Amortisation | |||||||||||||
| Tax | -221,568 | -102,741 | -69,003 | -39,608 | -65,596 | -55,734 | |||||||
| Stock | 44,091 | -9,250 | 9,250 | ||||||||||
| Debtors | 575,772 | -72,914 | 777,820 | 212,695 | 337,404 | 12,885 | 473,268 | 72,782 | -353,359 | 540,358 | 221,830 | 28,905 | 150,453 |
| Creditors | 220,921 | 2,644 | 32,191 | 13,774 | -19,499 | 40,373 | 11,706 | -7,563 | 15,729 | -1,830,443 | 524,558 | 593,082 | 719,782 |
| Accruals and Deferred Income | 1,169,629 | -56,073 | 137,944 | 71,593 | -88,044 | -175,025 | 116,704 | 166,063 | 159,565 | 84,603 | |||
| Deferred Taxes & Provisions | -178,522 | 49,987 | 134,853 | -57,979 | -4,733 | 28,726 | -30,150 | 31,116 | 33,020 | ||||
| Cash flow from operations | 12,269,865 | 9,911,871 | 4,040,834 | 4,247,749 | 4,675,966 | -207,090 | |||||||
| Investing Activities | |||||||||||||
| capital expenditure | |||||||||||||
| Change in Investments | -389,868 | 389,868 | |||||||||||
| cash flow from investments | |||||||||||||
| Financing Activities | |||||||||||||
| Bank loans | |||||||||||||
| Group/Directors Accounts | -1,269,105 | -402,079 | -35,653 | 1,173,735 | -113,430 | 266,443 | 95,781 | 18,943 | 263,822 | 546,166 | -7,500 | 7,500 | |
| Other Short Term Loans | |||||||||||||
| Long term loans | 150,000 | -45,839 | 45,839 | ||||||||||
| Hire Purchase and Lease Commitments | 835,469 | 1,717,932 | 9,375,740 | 4,415,168 | 2,231,947 | -669,519 | -1,083,887 | 889,431 | 3,715,673 | 6,567,789 | |||
| other long term liabilities | -150,000 | -190,003 | -2,883,372 | 882,706 | 1,589,768 | 750,901 | |||||||
| share issue | |||||||||||||
| interest | -1,217,371 | -700,433 | -377,298 | -697,263 | -405,296 | -214,603 | |||||||
| cash flow from financing | -1,651,007 | 615,420 | -1,365,404 | 211,111 | 3,384,196 | 4,015,980 | |||||||
| cash and cash equivalents | |||||||||||||
| cash | 488,058 | 331,657 | -905,437 | 1,106,495 | -59,353 | -48,667 | 19,853 | -71,860 | 238,041 | -96,544 | -12,133 | -7,475 | 159,772 |
| overdraft | -5,820 | 5,820 | -210,835 | 206,890 | -84,407 | 88,352 | |||||||
| change in cash | 493,878 | 325,837 | -905,437 | 1,317,330 | -266,243 | 35,740 | -68,499 | -71,860 | 238,041 | -96,544 | -12,133 | -7,475 | 159,772 |
premium leasing limited Credit Report and Business Information
Premium Leasing Limited Competitor Analysis
Perform a competitor analysis for premium leasing limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other mid companies, companies in HU3 area or any other competitors across 12 key performance metrics.
premium leasing limited Ownership
PREMIUM LEASING LIMITED group structure
Premium Leasing Limited has no subsidiary companies.
Ultimate parent company
2 parents
PREMIUM LEASING LIMITED
07345106
premium leasing limited directors
Premium Leasing Limited currently has 3 directors. The longest serving directors include Mr Paul Simpson (Aug 2010) and Mr James Swaby (Dec 2021).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Paul Simpson | United Kingdom | 62 years | Aug 2010 | - | Director |
| Mr James Swaby | United Kingdom | 37 years | Dec 2021 | - | Director |
| Mr Robert Thorpe | United Kingdom | 48 years | Dec 2021 | - | Director |
P&L
December 2023turnover
14.9m
+21%
operating profit
2.6m
+18%
gross margin
16.1%
-6.44%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
4.3m
+0.18%
total assets
34.9m
+0.04%
cash
1.1m
+0.75%
net assets
Total assets minus all liabilities
premium leasing limited company details
company number
07345106
Type
Private limited with Share Capital
industry
77390 - Renting and leasing of other machinery, equipment and tangible goods n.e.c.
incorporation date
August 2010
age
15
incorporated
UK
ultimate parent company
accounts
Full Accounts
last accounts submitted
December 2023
previous names
N/A
accountant
-
auditor
SMAILES GOLDIE
address
c/o thompson commercials limited, salvesen way, hull, east yorkshire, HU3 4UQ
Bank
-
Legal Advisor
-
premium leasing limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 26 charges/mortgages relating to premium leasing limited. Currently there are 24 open charges and 2 have been satisfied in the past.
premium leasing limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for PREMIUM LEASING LIMITED. This can take several minutes, an email will notify you when this has completed.
premium leasing limited Companies House Filings - See Documents
| date | description | view/download |
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