Plantmasters Limited

Plantmasters Ltd, based in Dunstable, UK, is a small, active company founded 17 years ago. With 11 employees and £442,783 in assets, it operates from a real address and is led by one director and two owners, boasting a perfect 5.0 Google rating from five reviews. The company is an irregular importer, primarily dealing with electrical machinery and equipment, with its last import operation occurring two months ago in August 2023.

Plantmasters Ltd specializes in the renting and leasing of construction and civil engineering machinery and equipment. The company’s website, though currently unavailable, suggests a focus on providing equipment solutions for various construction and industrial projects. It’s a tight-knit operation, likely benefiting from its small size, which allows for agility in responding to market demands.

A review of Plantmasters Ltd’s financial data reveals a mixed picture. Current assets have decreased by 6.4% to £440,000, while net assets have fallen by 8.1% to £480,000. Bank borrowings have decreased by 10%, and cash reserves have declined by 37% to £75,000. Trade debtors have increased by 1.5%, suggesting a potential issue with customer payments. Creditors have decreased by 8.1%, which is a positive sign. The company meets two of the three criteria to be considered small, with turnover less than £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, so the figures are unaudited.

The decline in cash reserves and net assets is a concern, suggesting the company may be burning through money faster than it's generating revenue. However, the decrease in bank borrowings is a positive sign, indicating better debt management. It’s possible the company is investing in new equipment or expanding its operations, which could explain the decrease in cash reserves. The directors are probably working hard to ensure the company’s long-term financial health, but it's something to keep an eye on.

Registered in England/Wales under the registration number 06384719, with a registered address at LU5 4SB, England, Dunstable, Bedfordshire, Unit 21 Apex Business Centre, Boscombe Road.

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