Plodit Limited

Plodit Limited, a medium-sized family business based in Leicester, UK, has been operating for fifteen years. With five employees and £11,062,713 in assets, the company generated a substantial £36,011,922 in revenue last year. It’s a real address, with only two other companies registered there, suggesting a genuine, local presence. The company, run by one director and two owners, operates an e-commerce site and has a stellar 5.0 Google rating based on 1730 reviews—a testament to its customer satisfaction.

Plodit Limited specializes in the retail sale via mail order houses or via internet, primarily dealing with printed materials like books, newspapers, and pictures. While it’s an irregular importer (last import operation in April 2020), it’s a regular exporter (last operation in December 2024), showcasing a balanced approach to international trade.

Financially, the company’s performance presents a mixed picture. While turnover increased by a healthy 59%, reaching £36,011,922, other key indicators raise questions. Current assets decreased by 7.8% to £11,000,000, and net assets fell 14% to £8,100,000. Bank borrowings increased significantly, and cash reserves declined by 55% to £4,000,000. Creditors also decreased by 5.8%, which could indicate better debt management. The company’s size (meeting two of three criteria for a medium company) allows for agility, but the decline in equity warrants further investigation. The lack of an auditor (likely exempt due to size) means the figures are unaudited.

The company’s success is evident in its high Google rating and consistent export activity, but the financial data suggests it’s navigating a period of financial pressure. The family ownership and e-commerce focus provide a solid foundation, but sustained profitability will depend on addressing the recent trends in its balance sheet.

Registered in England/Wales under the registration number 06894011, with a registered address at LE5 5RH, Leicester, 33 Homeway Road.

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