Plantware Limited

Plantware Limited is a small, active company based in Leeds, UK, founded three years ago. With a single employee and £78,657 in assets, it operates from a virtual address – a detail flagged by the registration of 102 companies at the same location. The company is led by one director and owner, Holman Joe Alexander.

Plantware Limited specializes in retail sales through mail order and online channels, offering a range of cups, including hot, cold, Christmas, and vending options. The website highlights a commitment to sustainability, utilizing PEFC-certified paperboard and offering recyclable and compostable cups. The company emphasizes quality, safety, and eco-friendly practices, even avoiding certain materials like PE and PLA. The website showcases a variety of cups catering to different needs, from home use to industrial vending machines.

Financially, Plantware Limited presents a mixed picture. While current assets increased by 20% to £79,000, net assets decreased by 15% to £41,000. Bank borrowings jumped significantly, reaching £16,000, while cash reserves rose substantially to £47,000. Trade debtors decreased by 59%, suggesting improved collection rates. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the decrease in equity warrants attention. The lack of an auditor is typical for a small company, and the figures are unaudited.

The company's increased bank borrowings and decrease in equity could indicate that Plantware is investing in growth or managing cash flow challenges. The increase in cash reserves is a positive sign, suggesting improved liquidity. The company’s focus on sustainability and its online presence position it well in a growing market, but ongoing financial monitoring will be crucial.

Registered in England/Wales under the registration number 13783421, with a registered address at LS16 6QY, England, Leeds, Richmond House Lawnswood Business Park, Redvers Close.

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