Planet Supplies Limited

Planet Supplies Limited, based in Kettering, Northamptonshire, is a small, family-run business with an active trading status. Founded 23 years ago in 2001, the company employs just two people and holds £154,053 in assets. It operates from a real address and is managed by two directors and two owners, Evans Lesley Ann and Evans Sean Roger. The business regularly imports clothing and accessories, not knitted or crocheted, with ten months of import activity recorded, the last in October 2024.

The company’s core business involves retail sale of clothing in specialised stores. While no dedicated website is available, the company’s profile suggests a traditional retail model, likely operating through physical stores or wholesale channels. It's unclear if they have an online presence, but the lack of a website suggests a focus on established sales methods.

Financially, Planet Supplies Limited presents a mixed picture. Current assets have decreased by 7.4% to £150,000, while net assets remain steady at £13,000. Bank borrowings have decreased significantly, falling by 31%, and cash reserves have fallen by 58% to £23,000. Trade debtors have increased dramatically, rising by 670%, which could be a sign of increased sales but also a potential risk of delayed payments. Creditors have also decreased, suggesting better debt management. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Planet Supplies Limited is navigating a period of change. While it maintains a stable asset base and has improved its debt management, the decrease in cash reserves and increase in trade debtors warrant close monitoring. The family-run nature of the business and its established presence in the local market could provide a buffer against these challenges, but long-term success will depend on adapting to evolving retail trends.

Registered in England/Wales under the registration number 04263831, with a registered address at NN16 8JB, Northamptonshire, 56 Gold Street, Kettering.

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