Plugupontyne Ltd

Plugupontyne Ltd is a small, active company based in London, UK, founded three years ago in November 2021. With two employees and £17,311 in assets, it operates as a solo-founded venture led by a single director and owner, Raut Suraj. The company’s registered address is real, with only one other company registered at the same location. It primarily engages in retail sales via mail order and internet, and operates in the retail sale via mail order houses or via internet industries.

The company's website, Plugupontyne, showcases a focus on "premium personal shopping services" and encourages potential clients to join a WhatsApp community for daily deals and consultations. The site highlights a focus on style and welcomes new clients with a friendly tone, and includes contact details and social media links. It's clear that the business is centered around offering curated shopping experiences, rather than simply selling products.

Financially, Plugupontyne Ltd presents a mixed picture. While the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, some numbers are concerning. Current assets have increased significantly, jumping 17,000%, reaching £17,000, but net assets have decreased to -£2,100. Bank borrowings remain steady, and cash reserves are at £13,000. The company’s small size means it’s likely exempt from an audit, and the financial statements are unaudited.

The increase in current assets, while positive, is offset by the decrease in equity. It's possible that the company is investing heavily in its business to grow, or that it’s experiencing some challenges with profitability. The lack of employees suggests a lean operation, but the financial pressures indicate a need for careful management.

Registered in England/Wales under the registration number 13755976, with a registered address at NW6 3DN, England, London, 30 Compayne Gardens, Flat 6.

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