Plantexpand Limited

Plantexpand Ltd from Weybridge UK: a small holding company with an active status, was founded 37 years ago in 1987. Employing 50 people, the company holds assets valued at £6,089,401. It has a real address, is overseen by seven directors, and has one owner. A Google rating of 5.0 based on 16 reviews indicates strong customer satisfaction, and the company regularly imports machinery, boilers, and mechanical appliances, parts, with 28 months of import activity recorded.

The company's website showcases a diverse range of services, primarily focused on vehicle and plant maintenance and repair. Plantexpand operates through several divisions, including PAMS Asset Management, an Electric Vehicle Centre, a Fleet Mobile Team, and offers statutory compliance services. It’s clear that they are focused on providing comprehensive asset management solutions, from repairs and servicing to state-of-the-art software. The website also highlights client testimonials, emphasizing the company's commitment to reliability and expertise. It’s an ecommerce site, offering services rather than selling products directly, and uses cookies to enhance site navigation.

Financially, Plantexpand Ltd shows some concerning trends. While current assets increased by 23% to £6,100,000, net assets only grew by 11% to £5,200,000. Bank borrowings increased by 25%, reaching £4,000,000, and cash reserves dropped 31% to £480,000. Creditors also rose significantly, increasing by 84% to £1,700,000. The number of employees has increased by 44% to 72, which could be a result of increased business activity, but it also puts more pressure on cash flow. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the rise in creditors and decrease in cash reserves warrants closer monitoring. There’s no auditor mentioned, so the financial data is unaudited.

Overall, Plantexpand Ltd appears to be a well-established company with a strong reputation, but its financial performance suggests it might be burning through cash faster than it’s generating it. The increase in employees and the rise in creditors could be signs of growth, but it’s important to watch these trends closely to ensure the company’s long-term financial health.

Registered in England/Wales under the registration number 02194749, with a registered address at KT13 0NY, United Kingdom, Weybridge, Surrey, C/O Aspreys Accountants Ltd, No.5 The Heights, Brooklands.

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