Premier Plant and Tool Hire Ltd
Registered name: PREMIER PLANT AND TOOL HIRE LTD
Premier Plant and Tool Hire Ltd made £18.2m revenue and £2.1m profit in the year to 31 Jan 2026.
Premier Plant and Tool Hire Ltd’s revenue grew 84% to £18.2m in the year to 31 Jan 2026, with £2.1m profit and 42 employees. The company is classified under “agents involved in the sale of machinery, industrial equipment, ships and aircraft” and is based in Narborough; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- Narborough, East Midlands
- Age
- 6 yrs · since 2020
- Type
- Private Limited Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 28 Feb 2022 | 28 Feb 2023 | 29 Feb 2024 | 31 Jan 2025 | 31 Jan 2026 |
|---|---|---|---|---|---|
| Disclosure | No P&L | No P&L | No P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | — | — | — | £9.9m | £18.2m |
| Cost of sales | — | — | — | £7.2m | £12.4m |
| Gross profit | — | — | — | £2.7m | £5.8m |
| Operating profit | — | — | — | £1.7m | £4.3m |
| Profit before tax | — | — | — | £982k | £2.8m |
| Profit after tax | — | — | — | £732k | £2.1m |
| Profit (best available) | — | — | — | £732k | £2.1m |
| Staff costs | — | — | — | £867k | £1.9m |
| Employees (average) | 5 | 6 | 16 | 25 | 42 |
| Ratios | |||||
| Profit margin | — | — | — | 7.4% | 11.7% |
| Gross margin | — | — | — | 27% | 32% |
| Revenue per employee | — | — | — | £395k | £434k |
| Profit per employee | — | — | — | £29.3k | £50.7k |
| Cash conversion | — | — | — | −179.8% | −170.3% |
| Growth (year on year) | |||||
| Revenue growth | — | — | — | — | ▲84.3% |
| Profit growth | — | — | — | — | ▲191% |
| Headcount growth | — | ▲20% | ▲166.7% | ▲56.3% | ▲68% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £10.4k | £156k | £127k | £237k | £806k |
| Net assets | £281k | £421k | £1.4m | £2.1m | £4.2m |
| Fixed assets | £1.6m | £2.8m | £6.6m | £15.7m | £25.6m |
| Current assets | £565k | £1.1m | £1.9m | £3m | £5.2m |
| Debtors | £536k | £564k | £1.4m | £2.4m | £4m |
| Deferred income | — | — | — | £7k | £102k |
| Cash from operations | — | — | — | −£3.1m | −£7.3m |
| Source | Accounts · bulk data Oct 2023 | Accounts · bulk data Oct 2023 | FullAccounts · bulk data Jun 2024 | FullAccounts · bulk data Aug 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- 11.7%
- Profit ÷ revenue.
- Gross margin
- 32%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £434k
- Revenue ÷ average employees.
- Profit per employee
- £50.7k
- Profit ÷ average employees.
- Cash conversion
- −170.3%
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- 140.3%
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- 0.6%
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- 22.2%
- 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
- ▲99%
- Now £4.2m
- Cash at bank
- ▲240%
- Now £806k
- Headcount
- ▲68%
- Now 42
- Deferred income
- ▲1356%
- Now £102k
- Fixed assets
- ▲63%
- Now £25.6m
Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.
Group structure
Minority corporate shareholders
- Winvic Group Limited 25–50%
From the Persons with Significant Control register (corporate controllers only).
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Sources
Latest figures from FullAccounts for the year to 31 Jan 2026 (profit £2.1m), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Updated from Companies House on 23 Oct 2026
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.