Plaine Limited

Plaine Limited is a small, active company based in London, UK, founded five years ago in March 2020. The company holds £35,990 in assets and operates from a virtual address shared by 1365 other companies, a bit unusual, really. It’s run by two directors and two owners, with a focus on retail sales via mail order and internet, and also operates in non-specialised stores. The company has an e-commerce site selling bamboo paper products.

The company’s website, helloplaine.co.uk, showcases a range of eco-friendly products: toilet paper, tissues, and kitchen roll, all made from bamboo. The site emphasizes sustainability, highlighting the product’s benefits for both skin and the planet. It’s a simple, clean design, and the branding is consistent across all product categories. It's clear they are trying to position themselves as a premium, sustainable alternative to traditional paper products.

Financially, Plaine Limited is showing some concerning trends. Current assets have plummeted by a staggering 97%, dropping to just £1,300, while net assets have also seen a significant decline, falling 65% to -£140,000. Bank borrowings have also increased, although the increase is less dramatic at -100%, and cash reserves are down to £290. Creditors have decreased slightly, suggesting some improvement in debt management, but the overall picture is one of financial strain. The company meets two of the three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for a small, exempt company.

It seems Plaine Limited is burning through cash, and the company's future hinges on its ability to turn around these trends. The focus on sustainable products is a strong selling point, but the company needs to find a way to improve its financial performance to ensure long-term viability.

Registered in England/Wales under the registration number 12522536, with a registered address at EC2A 4NE, England, London, 3rd Floor 86-90 Paul Street.

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