Premium Leasing Limited
Registered name: PREMIUM LEASING LIMITED
Part of Newbegin Corporation Limited groupPremium Leasing Limited made £18.5m revenue and £1.4m profit in the year to 31 Dec 2025.
Premium Leasing Limited’s revenue grew 13% to £18.5m in the year to 31 Dec 2025, with £1.4m profit and 0 employees. The company is classified under “renting and leasing of other machinery, equipment and tangible goods” and is based in Hull; we hold 4 years of its filed accounts.
- Status
- Active
- Location
- Hull, Yorkshire and The Humber
- Age
- 16 yrs · since 2010
- Type
- Private Limited Company
Pass-through vehicle. This looks like a holding, staffing or umbrella company. Its revenue and profit may largely pass through to or from other entities, so the figures may not reflect a standalone operating business. It is excluded from our opportunity lists.
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.
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 Dec 2022 | 31 Dec 2023 | 31 Dec 2024 | 31 Dec 2025 |
|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | ||||
| Revenue (turnover) | £12.3m | £14.9m | £16.5m | £18.5m |
| Cost of sales | £10.2m | £12.5m | £13.6m | £14.9m |
| Gross profit | £2.1m | £2.4m | £2.9m | £3.6m |
| Operating profit | £2.2m | £2.6m | £2.9m | £3.1m |
| Profit before tax | £1.5m | £1.3m | £1.7m | £1.7m |
| Profit after tax | £1.4m | £1.1m | £1.4m | £1.4m |
| Profit (best available) | £1.4m | £1.1m | £1.4m | £1.4m |
| Employees (average) | 0 | 0 | 0 | 0 |
| Ratios | ||||
| Profit margin | 11% | 7.5% | 8.4% | 7.4% |
| Gross margin | 17.2% | 16.1% | 17.7% | 19.4% |
| Growth (year on year) | ||||
| Revenue growth | — | ▲20.5% | ▲10.8% | ▲12.6% |
| Profit growth | — | ▼17.6% | ▲23.4% | ▼0.4% |
| Balance sheet — indirect signals, not revenue | ||||
| Cash at bank | £654k | £1.1m | £437k | £421k |
| Net assets | £3.6m | £4.3m | £5.2m | £5.9m |
| Fixed assets | £30.4m | £30.7m | £33.1m | £38.9m |
| Current assets | £3.1m | £4.2m | £4.1m | £4.8m |
| Debtors | £668k | £1m | £1.3m | £1.8m |
| Deferred income | £368k | £500k | £423k | £241k |
| Source | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2024 | FullAccounts · bulk data Sep 2025 | FullAccounts · bulk data Sep 2026 |
How the business works
- Profit margin
- 7.4%
- Profit ÷ revenue.
- Gross margin
- 19.4%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- —
- Revenue ÷ average employees.
- Profit per employee
- —
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 209.9%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 1.3%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 9.9%
- Money owed by customers. Low = customers pay quickly.
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
- ▲15%
- Now £5.9m
- Cash at bank
- ▼4%
- Now £421k
- Headcount
- —
- Now 0
- Deferred income
- ▼43%
- Now £241k
- Fixed assets
- ▲18%
- Now £38.9m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Ownership chain
- Newbegin Corporation Limitedultimate parent75–100%
- Newbegin Holdings Limited75–100%
- Thompson Commercials Group Limited75–100%
- Premium Leasing Limitedthis company
Bands show the share of ownership each company holds in the one below it.
Sister companies (2)
- Thompson Commercials LimitedRev. £83.6m · Profit £922k
- Thompson of Beverley LimitedFigures not disclosed
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Dec 2025 (profit £1.4m), from the Companies House accounts bulk data published Sep 2026. 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.