Planners Services & Sundries Limited

Planners Services & Sundries Ltd, based in St. Albans, UK, is a sizable company—meeting two of three conditions to be considered large with turnover over £36 million, balance sheet over £18 million, and more than 250 employees. Founded 54 years ago in 1971, it's a holding company with an active status, employing 36 people and holding assets worth £6,737,365. The company operates from a real address and is overseen by three directors and one owner. It also runs an e-commerce site and enjoys a 5.0 Google rating from 12 reviews. The company irregularly imports wood and wood products, with the last import operation made two months ago.

The company’s website highlights its role as a market-leading, independent distributor of floor coverings and accessories. It caters to trade customers, offering a wide range of products from screeds and adhesives to carpets and luxury vinyl tiles. Planners boasts an extensive stock of over 6,000 lines and supplies major brands like Interface, Milliken, and Polyflor, with next-day delivery from its distribution centre in Radlett. The website also features a "floor hub" showcasing its own carpet tile brand, "The Floor Hub."

Financially, Planners Services & Sundries Ltd shows some concerning trends. While administrative expenses decreased by 13%, indicating better cost control, bank borrowings increased significantly—by 47%—reaching £540,000. Cash reserves also declined, falling 47% to -£540,000. Trade creditors increased by a substantial 92%, suggesting potential issues with supplier payments. Despite these challenges, the company’s net assets remain at £3.9 million. The company’s auditor is Ward Williams Limited. The company’s key management personnel compensation decreased by 17%, which could be a result of restructuring or cost-cutting measures.

Overall, Planners Services & Sundries Ltd appears to be navigating a period of financial pressure despite its established market position and strong supplier relationships. The company's ability to manage its debt and maintain its customer base will be crucial for its continued success.

Registered in England/Wales under the registration number 01002172, with a registered address at AL2 2DB, England, St. Albans, Unit E Old Parkbury Lane, Colney Street.

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