Plot Feeds Limited

Plot Feeds Limited, based in Grimsby, UK, is a small, family-run business with an active status, established nineteen years ago. With just two employees and £855,994 in assets, it operates from a real address and is overseen by three directors and two owners. The company enjoys a stellar 5.0 Google rating based on four reviews, reflecting a positive customer experience. Plot Feeds is a regular importer, specializing in machinery, boilers, and mechanical appliances—parts, with 60 months of import activity recorded.

The company’s website reveals a focus on farm equipment supply, operating as a private limited company. It’s a tight-knit operation, with a focus on British craftsmanship and a commitment to customer service. The business is described as operating in the installation of industrial machinery and equipment industries.

Financially, Plot Feeds Limited presents a mixed picture. While current assets increased by 30% to £860,000, net assets also grew by 4.7% to £920,000. Bank borrowings decreased by 38% to £120,000, and cash reserves increased by 10% to £130,000. However, trade debtors rose significantly by 37% to £690,000, suggesting potential challenges in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the increase in debtors needs monitoring. Creditors decreased slightly by 4.1% to £300,000. As a small company, it’s exempt from an audit, so the financial information is unaudited.

The company’s financial data shows a concerning trend: specific advances to directors decreased significantly, dropping 80% to £66,000. While cash reserves are up, the decrease in advances could indicate a reduction in owner investment or a shift in funding strategy. The company’s fixed assets also decreased by 32% to £370,000, which could be due to depreciation or asset sales. Despite these concerns, the company’s overall financial position appears stable, and its strong Google rating suggests a loyal customer base.

Registered in England/Wales under the registration number 05730172, with a registered address at DN37 7DX, Grimsby, North East Lincolnshire, Corner House, Cottagers Plot Laceby.

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