# PREMIER CUTTING TOOLS LIMITED (02048693)

> PREMIER CUTTING TOOLS LIMITED is an active private limited company (company number 02048693) incorporated on 21 August 1986, registered in Hull. Its registered activity is wholesale of machine tools (SIC 46620). Latest small accounts cover the period ending 31 October 2025, showing net assets of £162k and cash of £710, with 10 employees on average. Net assets fell 12% on the prior period (£183k).

- Status: Active
- Incorporated: 1986-08-21
- Registered office: Hull, HU3 4RB
- SIC 46620: Wholesale of machine tools
- Next accounts due: 2027-07-31
- Confirmation statement due: 2027-09-04
- Accounts type: TOTAL EXEMPTION FULL

By net assets it sits in the upper half of 116 comparable companies in Other (median £58k, upper quartile £339k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-10-31 | £162k | £710 | — | £497k | — | — | 10 |
| 2024-10-31 | £183k | £704 | — | £494k | — | — | 10 |

current ratio 1.32; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £162,054 at 31 October 2025
- Incorporated five or more years ago: Incorporated 21 August 1986

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- I & A Holdings Limited (corporate-entity) — owns 75–100% of shares; holds 75–100% of voting rights, since 2016-04-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/02048693
HTML: https://firmoscan.com/company/02048693-premier-cutting-tools-limited