Planar International Ltd

Planar International Ltd from Wrexham UK: small company, active status, founded 7 years ago, 2 employees, £3,390,590 assets, real address, 2 directors, 2 owners. Regular importer of electrical machinery and equipment (56 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents involved in the sale of a variety of goods industries. Officially, it has two owners or PSCs, two directors, and two employees.

The company’s website, planarheaters.co.uk, is primarily an online store focused on selling high-quality diesel boat heaters and related accessories. The site’s navigation is straightforward, leading visitors to product categories like "Shop Now" and "Contact Us." It’s clear the business centers around e-commerce, with minimal content beyond product listings and contact information. There’s a cookie acceptance banner, which is standard practice, and the site uses simple, clear language. It seems to be a straightforward operation, not a complex online marketplace.

Financially, Planar International Ltd shows a mixed picture. While current assets increased by a substantial 82% to £3.4 million, net assets plummeted 83% to £280,000—a significant drop. Cash reserves also declined, falling 250% to £340,000. Trade debtors increased by 78%, suggesting a possible reliance on customer payments. Creditors, however, ballooned by 960%, which could indicate increased borrowing or supplier costs. The company’s small size helps it remain agile, but the large decrease in equity raises some questions. No auditor is mentioned, likely due to its status as a small company, meaning the figures are unaudited. It’s worth noting that the company’s bank borrowings have decreased considerably, which is a positive sign.

Registered in England/Wales under the registration number 11310940, with a registered address at LL13 0HG, United Kingdom, Wrexham, Unit 11b, Bryn Y Pys Farm Estate Wrexham Road, Overton.

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