Premier 1983 Limited in Luton, LU3 3HP

Description

Data updated on: 01-11-2023

This company referred to as Premier 1983 was founded on 2007-11-07 as a Private Limited Company. The firm's headquarters can be reached at Luton on Premier Business Park, Dencora Way. Assuming you need to get in touch with the business by mail, its post code is LU3 3HP. The office registration number for Premier 1983 Limited is 06421317. The firm's declared SIC number is 62020 meaning Information technology consultancy activities. Its latest filed accounts documents were submitted for the period up to 2022-03-31 and the most recent confirmation statement was submitted on 2022-11-07.

This limited company owes its well established position on the market and unending growth to exactly four directors, who are Kevan M., Terry K., Karen O. and Hugh B., who have been in the firm for sixteen years. In addition, the director's assignments are constantly aided with by a secretary - Terry K., who was appointed by the following limited company in 2007.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	584 296	1 940 979	1 873 495	2 113 602	5 766 359	4 839 543	2 306 011
Current Assets	4 532 323	6 016 672	7 255 159	7 962 847	10 410 265	10 998 487	13 829 693
Debtors	3 808 646	3 882 832	5 162 627	5 589 890	4 277 144	5 654 993	4 520 265
Net Assets Liabilities	4 215 475	4 716 369	5 241 037	6 032 728	7 203 442	8 421 856	9 699 457
Other Debtors	250 221	390 211	888 305	875 795	616 624	732 999	433 731
Property Plant Equipment	112 427	106 547	81 834	63 539	49 447	56 084
Total Inventories	139 381	192 861	219 037	259 355	366 762	503 951	512 447

Other Financial Data
Audit Fees Expenses	10 750	12 790	11 963	12 317	15 650
Amount Specific Advance Or Credit Made In Period Directors		1 551 672	1 909 349	1 886 612
Amount Specific Advance Or Credit Repaid In Period Directors		1 551 672	1 909 349	860 303	1 026 309
Company Contributions To Money Purchase Plans Directors	6 420	9 537	57 530	66 995	114 596
Director Remuneration	266 799	304 800	370 168	369 906	361 582
Dividend Recommended By Directors		25 000
Number Directors Accruing Benefits Under Money Purchase Scheme	3	3	3	3	3
Amount Specific Advance Or Credit Directors				1 026 309
Accrued Liabilities						234 613	107 651
Accumulated Amortisation Impairment Intangible Assets	1 881 000	2 090 000	2 299 000	2 508 000	2 717 000	2 926 000	3 135 000
Accumulated Depreciation Impairment Property Plant Equipment	184 096	210 171	222 187	240 482	254 574	268 314	142 110
Additional Provisions Increase From New Provisions Recognised In Profit Or Loss		353	-3 192	-2 622	-6 649	5 862
Administrative Expenses	2 298 988	2 366 305	2 649 799	2 618 640	2 580 397
Amortisation Expense Intangible Assets	209 000	209 000	209 000	209 000	209 000
Amounts Owed By Group Undertakings						1 902 048	2 763 075
Amounts Owed To Directors	73 384	20 932	91 276
Applicable Tax Rate	20	19	19	19	19
Average Number Employees During Period	35	38	38	37	38	36	38
Bank Borrowings	917 448	1 423 358	1 342 501	1 260 798	93 935	96 022	988 119
Bank Borrowings Overdrafts	816 932	1 340 674	1 261 492	1 168 913	1 075 119	979 735	890 167
Cash Cash Equivalents Cash Flow Value	584 296	1 940 979	1 873 495	2 113 602
Comprehensive Income Expense	488 353	525 894	524 668	791 691	1 170 714	1 218 414	1 277 601
Corporation Tax Payable	105 078	173 384	175 653	238 493	330 618	28 210	152 831
Corporation Tax Recoverable					7 335		6 961
Cost Sales	9 462 321	10 259 613	12 839 773	12 478 810	12 062 733
Creditors	816 932	1 340 674	1 261 492	1 168 913	1 075 119	979 735	890 167
Current Tax For Period	175 078	173 384	176 920	238 459	330 618
Decrease In Loans Owed To Related Parties Due To Loans Repaid	-185 039	-194 016	-195 237
Deferred Tax Expense Credit Relating To Changes In Tax Rates Or Laws	-331
Depreciation Amortisation Expense	241 915	239 602	232 789	227 295	223 092
Depreciation Expense Property Plant Equipment	32 915	30 602	23 789	18 295	14 092
Disposals Decrease In Depreciation Impairment Property Plant Equipment		4 527	11 773			2 877	28 287
Disposals Property Plant Equipment		4 895	12 697			2 946	29 913
Dividend Per Share Interim		0
Dividends Paid	427 985	25 000
Dividends Paid Classified As Financing Activities	-427 985	-25 000
Dividends Paid On Shares Interim	427 985	25 000
Fixed Assets	2 411 427	2 196 547	1 962 834	1 735 539	1 512 447	1 310 184	1 087 182
Further Operating Expense Item Component Total Operating Expenses	9 462 321	10 259 613	12 839 773	12 478 810	12 329 495
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables	-235 091	246 458	491 542	-198 537	150 274
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables	-536 859	-74 186	-1 279 795	599 046	293 772
Gain Loss On Disposal Assets Income Statement Subtotal	-1 300	-368	976
Gain Loss On Disposals Property Plant Equipment	-1 300	-368	976
Gross Profit Loss	2 933 902	3 013 948	3 279 444	3 582 772	3 876 167
Income From Related Parties	40 199	62 616	10 795	7 049	15 600
Income Taxes Paid Refund Classified As Operating Activities	-126 620	-105 078	-174 651	-175 619	-240 000
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation	-1 024 786	1 356 683	-67 484	240 107	3 652 757
Increase Decrease In Stocks Inventories Finished Goods Work In Progress	-17 098	53 480	26 176	40 318	107 407
Increase From Amortisation Charge For Year Intangible Assets		209 000	209 000	209 000	209 000	209 000	209 000
Increase From Depreciation Charge For Year Property Plant Equipment		30 602	23 789	18 295	14 092	16 617	1 133
Increase In Loans Owed By Related Parties Due To Loans Advanced			550 000
Increase In Loans Owed To Related Parties Due To Loans Advanced	-1 000 000
Intangible Assets	2 299 000	2 090 000	1 881 000	1 672 000	1 463 000	1 254 000	1 045 000
Intangible Assets Gross Cost	4 180 000	4 180 000	4 180 000	4 180 000	4 180 000	4 180 000
Interest Expense On Bank Overdrafts	25 360	34 378	37 850	37 004	26 963
Interest Paid Classified As Operating Activities	-25 360	-34 378	-37 850	-37 073	-26 973
Interest Payable Similar Charges Finance Costs	25 360	34 378	37 850	37 073	26 973
Investments Fixed Assets						100	100
Investments In Group Undertakings						100	100
Loans Owed By Related Parties	1 880 649	1 676 042	2 105 393	1 758 957	1 544 773
Merchandise	139 381	192 861	219 037	259 355	366 762	503 951	512 447
Net Assets Liabilities Subsidiaries						-100	3 015
Net Cash Flows From Used In Financing Activities	1 017 340	-428 458	10 513	1 199 288	-1 838 343
Net Cash Flows From Used In Investing Activities	-5 128	-51 571	-83 501	-93 469	-58 663
Net Cash Flows From Used In Operating Activities	12 574	-876 654	140 472	-1 345 926	-1 755 751
Net Cash Generated From Operations	-139 406	-1 016 110	-72 029	-1 558 618	-2 022 724
Net Cash Inflow Outflow From Change In Bank Overdrafts Classified As Financing Activities	25 360	34 378	37 850
Net Cash Inflow Outflow From Change In Borrowings Classified As Financing Activities	-40 228	-76 661	-81 601
Net Current Assets Liabilities	2 627 262	3 867 131	4 543 138	5 466 923	6 766 114	8 091 441	9 502 442
Net Interest Received Paid Classified As Investing Activities	-40 228	-76 661	-81 601	-93 469	-58 663
Nominal Value Allotted Share Capital		500 000	500 000
Number Shares Issued Fully Paid		500 000	500 000	500 000	500 000	500 000	500 000
Operating Profit Loss	651 043	657 348	654 645	971 132	1 462 993
Other Creditors	196 672	214 075	153 837	266 210	322 490	321 388	972 459
Other Deferred Tax Expense Credit	2 480	353	-3 192	-2 622	-6 649
Other Interest Receivable Similar Income Finance Income	40 228	76 661	81 601	93 469	58 663
Other Operating Income Format1	16 129	9 705	25 000	7 000	167 223
Other Taxation Social Security Payable	6 282	6 635	35 371	45 207	31 131	47 082	42 827
Par Value Share		1	1	1	1
Payments To Related Parties	7 504		71 500	129 500	90 000
Pension Other Post-employment Benefit Costs Other Pension Costs	47 051	43 606	95 128	106 216	225 487
Percentage Class Share Held In Subsidiary						100	100
Proceeds From Borrowings Classified As Financing Activities		-1 500 000
Proceeds From Loans Advances To Other Related Parties Classified As Financing Activities	488 817	52 452	-70 344
Proceeds From Sales Property Plant Equipment	-600		-1 900
Profit Loss	488 353	525 894	524 668	791 691	1 170 714	1 218 414	1 274 487
Profit Loss On Ordinary Activities Before Tax	665 911	699 631	698 396	1 027 528	1 494 683
Profit Loss Subsidiaries							-3 115
Property Plant Equipment Gross Cost	296 523	316 718	304 021	304 021	304 021	324 398	62 248
Provisions	6 282	6 635	3 443	821		34
Provisions For Liabilities Balance Sheet Subtotal	6 282	6 635	3 443	821		34
Purchase Property Plant Equipment	-35 700	-25 090
Repayments Borrowings Classified As Financing Activities	-100 538	-994 090	-80 857	-81 703	-91 744
Social Security Costs	118 102	122 391	131 331	137 186	138 973
Staff Costs Employee Benefits Expense	1 403 931	1 464 243	1 577 443	1 606 615	1 677 320
Tax Expense Credit Applicable Tax Rate	133 182	132 930	132 695	195 230	283 990
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss	2 907	1 097	1 323	897	269
Tax Increase Decrease From Effect Non-tax Deductible Amortisation Goodwill Impairment	41 800	39 710	39 710	39 710	39 710
Tax Tax Credit On Profit Or Loss On Ordinary Activities	177 558	173 737	173 728	235 837	323 969
Total Additions Including From Business Combinations Property Plant Equipment		25 090				23 323
Total Assets Less Current Liabilities	5 038 689	6 063 678	6 505 972	7 202 462	8 278 561	9 401 625	10 589 624
Trade Creditors Trade Payables	1 301 406	1 533 930	2 064 498	1 756 210	1 883 813	2 280 519	2 629 554
Trade Debtors Trade Receivables	1 796 980	1 606 459	2 410 842	2 144 021	2 104 848	2 020 253	4 079 573
Turnover Revenue	12 396 223	13 273 561	16 119 217	16 061 582	15 938 900
Value-added Tax Payable	93 322	87 830	110 377
Wages Salaries	1 238 778	1 298 246	1 350 984	1 363 213	1 312 860
Further Item Interest Expense Component Total Interest Expense				69	10

Company staff

Kevan M.

Role: Director

Appointed: 01 April 2008

Latest update: 29 April 2024

Terry K.

Role: Director

Appointed: 01 April 2008

Latest update: 29 April 2024

Karen O.

Role: Director

Appointed: 01 April 2008

Latest update: 29 April 2024

Terry K.

Role: Secretary

Appointed: 07 November 2007

Latest update: 29 April 2024

Hugh B.

Role: Director

Appointed: 07 November 2007

Latest update: 29 April 2024

People with significant control

Hugh B. is the individual with significant control over this firm, owns over 3/4 of company shares and has 3/4 to full of voting rights.

Hugh B.

Notified on 6 April 2016

Nature of control:

over 3/4 of shares

3/4 to full of voting rights

right to manage directors

Accounts Documents

Account next due date	31 December 2023
Account last made up date	31 March 2022
Confirmation statement next due date	21 November 2023
Confirmation statement last made up date	07 November 2022

Annual Accounts
Start Date For Period Covered By Report	01 April 2017
End Date For Period Covered By Report	31 March 2018
Annual Accounts
Start Date For Period Covered By Report	01 April 2018
End Date For Period Covered By Report	31 March 2019
Annual Accounts
Start Date For Period Covered By Report	01 April 2019
End Date For Period Covered By Report	31 March 2020
Annual Accounts
Start Date For Period Covered By Report	01 April 2020
End Date For Period Covered By Report	31 March 2021
Annual Accounts
Start Date For Period Covered By Report	01 April 2021
End Date For Period Covered By Report	31 March 2022
Annual Accounts
Start Date For Period Covered By Report	01 April 2022
End Date For Period Covered By Report	31 March 2023

Premier 1983 Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Kevan M.

Terry K.

Karen O.

Terry K.

Hugh B.

Sameday Company Services Limited

Wildman & Battell Limited

People with significant control

Hugh B.

Accounts Documents

Company filings

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