Plantex Group Ltd

Plantex Group Ltd from Canterbury UK is a small, active company founded four years ago. Employing five people, it holds £428,006 in assets and operates from a real address. The business is family-owned, with three directors and two owners overseeing operations. Plantex Group Ltd regularly imports machinery, boilers, and mechanical appliances—parts, with 23 months of import activity recorded, and exports tanning and dyeing products, with seven months of export activity.

The company’s website, Plantex UK, is a comprehensive online store catering to the agricultural and horticultural sectors. It specializes in irrigation equipment, frost protection systems, and related supplies for fruit growers, vineyards, sports grounds, and commercial landscapers. The site showcases a wide range of products, from pipes and fittings to pumps and controllers, and offers expert advice and installation services. It's clear they're focused on B2B sales, with detailed product information and a focus on technical specifications.

Financially, Plantex Group Ltd’s recent performance presents a mixed picture. Accumulated depreciation for property, plant, and equipment increased by a significant 75%, suggesting increased investment in fixed assets. However, bank borrowings have surged by 80%, indicating a reliance on external financing. Cash reserves, while up slightly, remain relatively low at £2,800. Net assets, however, have increased by a substantial 42%, which is a positive sign. Trade debtors have decreased considerably, which could indicate improved cash flow management. The company’s small size—meeting two of three criteria for being small—allows for agility, but the rising debt levels warrant attention. No auditor is mentioned, which is typical for small, exempt companies.

The increase in depreciation suggests the company is investing in its infrastructure, which is good for long-term growth. The increase in bank borrowings, however, could be a sign that the company is struggling to manage its cash flow. It’s possible that the company is expanding its operations, which would require additional financing.

Registered in England/Wales under the registration number 12891826, with a registered address at CT4 5EJ, United Kingdom, Canterbury, Kent, Howletts Barn, Woolton Farm, Bekesbourne Lane.

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