Planet Plus Ltd.

Planet Plus Ltd, based in Winchester, UK, is a small, family-run business with an active status. Established seventeen years ago in 2008, the company employs just three people and holds £249,730 in assets. It operates from a real address and is overseen by three directors and two owners. Planet Plus Ltd regularly imports basic metal tools and utensils, with 17 months of import activity recorded, and exports machinery, boilers, and mechanical appliances, boasting 41 months of export activity.

The company’s website, Planet Plus Ltd, focuses on supplying woodworking and pen-turning accessories, particularly through its “Rotur” brand. It caters to both retail and wholesale customers, offering a range of products from kits to individual components. The website highlights a commitment to quality and craftsmanship, emphasizing the brand's long-standing presence in the pen-turning market. It’s clear they are operating an e-commerce site with a physical address, and they even have a phone number.

Financially, Planet Plus Ltd presents a mixed picture. Current assets have decreased by 6.7% to £250,000, while net assets have fallen dramatically by 92%, settling at just £3,600. Bank borrowings have increased by 3.5% to £190,000, and cash reserves have dropped significantly. Creditors have also increased, suggesting a need to manage debt. 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 sharp decline in equity is concerning. There is no auditor mentioned, which is likely due to its status as a small company.

Overall, Planet Plus Ltd appears to be navigating a period of financial pressure, despite its established brand and ongoing import/export activity. The company's future success will likely depend on its ability to stabilize its equity and manage its debt obligations.

Registered in England/Wales under the registration number 06528872, with a registered address at SO21 1AT, Winchester, Hampshire, Courtlands Main Road, Itchen Abbas.

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