Coplant Limited

Coplant Ltd from Folkestone, UK, is a small, active company founded 17 years ago. With eight employees and £1,304,812 in assets, it operates from a real address and is managed by three directors and two owners. It’s a family business with a stellar 5.0 Google rating based on twelve reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances, parts, with 13 months of import activity and 11 months of export activity.

Coplant Ltd specializes in the sale of plant machinery, including new and used excavators, access platforms, and other machines for the construction, agricultural, and landscaping industries. Its website, Coplant.co.uk, showcases a wide range of brands like Yanmar, JCB, Komatsu, and Takeuchi, and offers services like painting and refurbishment. The company also acts as a main dealer for Yanmar, providing sales, parts, and advice. The website also promotes a large range of machinery in stock.

Financially, Coplant Ltd’s numbers present a mixed picture. Cash reserves have dramatically increased by 1100%, reaching £160,000, while net assets have decreased by 10%, settling at £1,600,000. Bank borrowings have also surged by 2700%, reaching £270,000, and creditors have decreased by 6.4%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. However, the increase in bank borrowings and the decrease in net assets are concerning. There is no auditor mentioned, which is likely due to the company being exempt as a small entity.

The company is clearly focused on its core business of plant machinery sales, but the financial trends suggest it may be burning through cash. The surge in bank borrowings could be a sign of investment in new stock or expansion, but it also raises questions about long-term sustainability.

Registered in England/Wales under the registration number 06324642, with a registered address at CT18 8JS, United Kingdom, Folkestone, Kent, Lower Winterage Farm Cottage Winterage Lane, Acrise.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.