Pland Stainless Limited

Pland Stainless Ltd, based in Leeds, UK, is a small holding company with an active status, celebrating 24 years in business. Employing 49 people and holding assets of £5,159,199, it operates from a real address and is overseen by three directors and one owner. The company regularly imports and exports iron or steel products, with 25 months of import activity and 18 months of export activity recorded.

The company’s website showcases a manufacturer of stainless steel products, specializing in healthcare, sanitaryware, washroom, laboratory, education, catering, and secure environments. It emphasizes a heritage dating back to 1919, a skilled workforce, and modern production capabilities. The site highlights robotic welding and polishing investments, alongside case studies and training resources. It also features a blog and news section, keeping customers informed about industry trends and company updates.

Financially, Pland Stainless Ltd exhibits a mixed picture. Current assets increased by 5.4% to £5,200,000, while net assets grew by 4.3% to £3,900,000. Bank borrowings decreased by 39%, suggesting improved debt management. However, creditors increased by 11%, and net losses deepened, indicating potential cost pressures. 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 for flexibility, but the rising costs warrant attention. The accounts were audited by Wheawill & Sudworth Limited, and the financial statements were prepared in compliance with Section 1A of FRS 102.

Overall, Pland Stainless Ltd appears to be a stable, albeit potentially challenged, business navigating the complexities of the stainless steel market.

Registered in England/Wales under the registration number 04008116, with a registered address at LS12 6AA, Leeds, West Yorkshire, Ring Road, Lower Wortley.

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