Monsterplumb Limited

Monsterplumb Limited, based in Cannock, UK, is a small, active family business founded nine years ago. With five employees and £405,322 in assets, it operates an e-commerce site specializing in plumbing supplies. The company has a Google rating of 4.0 based on 30 reviews, indicating generally positive customer experiences. It's managed by a single director and owned by three individuals – Weaver Duncan Michael, Weaver Michael Albert Arthur, and Weaver Chad Michael – although the ownership list changed three years ago.

The company's website highlights its focus on plumbing supplies, operating in the retail sale via mail order houses or via internet industries. It appears to be a straightforward e-commerce operation, catering to trade and retail customers seeking plumbing parts and accessories.

Financially, Monsterplumb Limited presents a mixed picture. While cash bank on hand increased by 76% to £90,000, creditors saw a significant decrease, falling by 2.4% to £410,000. Debtor levels increased substantially, rising 160% to £67,000. Equity, however, experienced a dramatic drop, plummeting 100% to zero. This suggests a potential issue with retained earnings or a significant capital redemption. Net assets liabilities also increased by 140% to £86,000. Despite this, the company’s small size – meeting two of three conditions for being classified as small – allows for flexibility. The accounts are unaudited, a common exemption for small companies.

The increase in debtors could indicate a delay in customer payments, or perhaps the company has extended credit terms to boost sales. The substantial decrease in equity, however, is a cause for concern and could be a result of increased borrowing or a significant loss. It's worth noting that the company’s financial statements were authorised on January 23, 2025.

Registered in England/Wales under the registration number 09889823, with a registered address at WS11 0XE, England, Cannock, Staffordshire, Unit 4 Lakeside Business Park, Walkmill Way.

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