Plenti Space Ltd

Plenti Space Ltd, based in London, UK, is a small, active company founded just one year ago in August 2023. With three employees and £51,176 in assets, it operates from a real address and is led by two directors and two owners. The company is an irregular importer, primarily dealing in electrical machinery and equipment, with a recent import recorded in August 2024. It’s interesting to note that the director and owner lists were both changed three months ago.

Plenti Space Ltd’s website showcases a unique concept: “Smart Walls” designed to transform small urban apartments into multifunctional homes. It’s clearly an ecommerce play, targeting developers and homeowners with a modular system that maximizes space and returns. The site emphasizes affordability, sustainability, and desirability, with a focus on a tailored solution that integrates seamlessly into building projects. It's a clever idea, and the website is well-designed, though it does seem a little bit too salesy.

Financially, Plenti Space Ltd’s picture is a little bit mixed. While it’s a small company (meeting two of three conditions for small business status), the figures reveal a company still in the early stages of growth. Net assets are currently at -£210,000, indicating accumulated losses, though share premium accounts for a significant portion of its equity. Cash bank on hand is a respectable £37,000, but trade debtors are at £15,000, which could be a concern. Creditors are at £9,200, and bank borrowings are at £0. The company’s unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit.

Overall, Plenti Space Ltd appears to be a startup with a promising concept, but it's burning through cash. The company’s success hinges on its ability to generate revenue from its Smart Walls and manage its finances effectively.

Registered in England/Wales under the registration number 15108101, with a registered address at SE16 7ER, England, London, Flat 1 Osier House, 14 Quebec Way.

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