Pleco World Limited

Pleco World Limited, based in Exeter, UK, is a small, active company founded four years ago. With two employees and a real address, it’s led by a solo founder who also serves as director and owner. The company operates in the wholesale of live animals and retail sales via mail order and internet industries.

The company's website, accessible via a Google Drive sign-in, doesn’t showcase a traditional e-commerce storefront. Instead, it functions as a document repository, suggesting a more behind-the-scenes operation. There's no visible online shop or product listings—just a Google Drive interface. This implies that Pleco World Limited likely doesn't engage in direct-to-consumer sales and instead focuses on business-to-business transactions or specialized sales channels.

Financially, Pleco World Limited presents a concerning picture. Cash reserves have plummeted 99%, dropping from £5,600 to a mere £28. Creditors have increased significantly, rising 77% to £18,000, while equity has suffered a dramatic 3400% decline to -£15,000. Net assets are now at -£15,000, and net current assets are at -£18,000. Although the company is small, meeting two of three criteria for a small company, these trends suggest it's burning through cash rapidly. Trade creditors and payables have increased by 75%, and trade debtors have decreased by 22%. It's worth noting that the company is exempt from an audit, and the financial statements are unaudited.

The company’s financial situation indicates a potential struggle for sustainability. While the wholesale and retail operations may be functional, the sharp decline in cash and equity suggests a need for careful financial management. The lack of a visible online presence also raises questions about its marketing and sales strategy.

Registered in England/Wales under the registration number 13305576, with a registered address at EX2 5JA, England, Exeter, 79 Hoker Road.

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