Petplanet.co.uk Ltd.
- Large
- Holding
- Active
- 25 years
- 39 employees
- £3,249,573 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
Two conditions of three:
1.Turnover > £36 million
2.Balance sheet total > £18 million
3.Average number of employees > 250
Field of Operation
Summary
Petplanet.co.uk Ltd is a large, holding company based in Livingston, UK, with an active status. Founded 25 years ago in 1999, the company employs 39 people and holds £3,249,573 in assets. It operates from a real address and is overseen by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings, with a history of 92 months of imports, the latest being in January 01, 2025.
The company’s website, petplanet.co.uk, is a retail platform specializing in pet supplies, offering a wide range of products from food and toys to bedding and accessories. It appears to be a fully functioning e-commerce site, with clear product categories, secure payment options, and customer reviews. While the website is the primary face of the business, it’s unclear if the company has a physical store or showroom.
Financially, Petplanet.co.uk Ltd’s recent report reveals a mixed picture. Current assets have decreased by a significant 38%, dropping to £3.2 million—a considerable shift. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have fallen 32% to £1.5 million. On a more positive note, creditors have decreased by 18%, suggesting improved debt management. The company meets the criteria for a large company, having turnover over £36 million, balance sheet over £18 million, and 39 employees. The report was audited by Azets Audit Services. The company’s net assets have also fallen by 48%, down to £1.7 million. It's a bit concerning that the company is burning through cash, but the decrease in creditors is a positive sign.
Registered in Scotland under the registration number SC197870, with a registered address at EH54 5DB, Livingston, West Lothian, 5 Kingsthorne Park, Houstoun Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- M8 Group Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Jimoh-akindele Oladipupo
- 9 years
- 2
-
Resident of United Kingdom
-
Individual
- Torrens Richard Scott
- 11 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted nine months ago.
Last news
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Confirmation statement made on 2024-07-07 with no updatesDownload 3 pages pdf report
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Full accounts made up to 2023-09-29Download 26 pages pdf report
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Confirmation statement made on 2023-07-07 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Petplanet.co.uk Ltd.
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