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Company No. 03917625 · Incorporated 2 Feb 2000

Premium Group Limited

Registered name: PREMIUM GROUP LIMITED

Part of Ardonagh Midco 2 Limited group

Premium Group Limited made £477k profit in the year to 28 Feb 2024 (revenue not disclosed).

Premium Group Limited reported £477k profit in the year to 28 Feb 2024, up 88% on the year before; its revenue was not disclosed. It had 7 employees. The company is classified under “management consultancy activities other than financial management” and is based in London; we hold 2 years of its filed accounts.

Profit onlySection M · Professional, scientific and technical activitiesSIC 70229Management consultancy activities other than financial management
Status
Active
Location
London, London
Age
26 yrs · since 2000
Type
Private Limited Company

Part of a group. The filing indicates this company sits within a group structure, so its results may depend on intra-group trading and it may be hard to replicate independently. From the filing: “The company is a trading subsidiary of MCN (Shropshire) Limited, a company incorporated in England and Wales. Monies owed to MCN (Shropshire) Limited at the balance sheet date amounted to £200,000 (20”

Latest accounts · year to 28 Feb 2024

Key figures

Small team
Revenue
—
Not disclosed in filing
Profit
£477k
Growth ▲87.8%
Profit margin
—
 
Employees
7
Change 0%
Profit / employee
£68.2k
 
Profitable streak
2yrs
Consecutive profitable years in our data

This company published its profit but not its turnover, so revenue and margins are not disclosed. We never estimate them.

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to28 Feb 202328 Feb 2024
DisclosureProfit onlyProfit only
Profit & loss
Revenue (turnover)——
Profit after tax£254k£477k
Profit (best available)£254k£477k
Employees (average)77
Ratios
Profit margin——
Profit per employee£36.3k£68.2k
Growth (year on year)
Profit growth—▲87.8%
Headcount growth—0%
Balance sheet — indirect signals, not revenue
Cash at bank£4.2k£9.8k
Net assets£3.1m£4.1m
Fixed assets£3.5m£4.1m
Current assets£238k£238k
Debtors£234k£228k
SourceFullAccounts · bulk data Jul 2024FullAccounts · bulk data Jul 2024
Derived from the latest filing

How the business works

Profit margin
—
Profit ÷ revenue.
Gross margin
—
Gross profit ÷ revenue. High for software and services.
Revenue per employee
—
Revenue ÷ average employees.
Profit per employee
£68.2k
Profit ÷ average employees.
Cash conversion
—
Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue
—
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
—
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
Money owed by customers. Low = customers pay quickly.
Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets
▲35%
Now £4.1m
Cash at bank
▲133%
Now £9.8k
Headcount
0%
Now 7
Deferred income
—
Now —
Fixed assets
▲18%
Now £4.1m
Corporate ownership

Group structure

Ownership chain

  1. Ardonagh Midco 2 Limitedultimate parent75–100%
  2. Ardonagh Midco 3 Limited75–100%
  3. Ardonagh Finco UK Limited75–100%
  4. Ardonagh Advisory Platform Holdings Limited75–100%
  5. Ardonagh Advisory Broking Holdings Limited75–100%
  6. MCN (Shropshire) Limited75–100%
  7. Premium Group Limitedthis company

Bands show the share of ownership each company holds in the one below it.

Subsidiaries (3)

From the Persons with Significant Control register (corporate controllers only).

Same industry, similar size

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Sources

Latest figures from FullAccounts for the year to 28 Feb 2024 (profit £477k), from the Companies House accounts bulk data published Jul 2024. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.